tomo logo

$495,000

Beds
3
Baths
2.0
sq ft
1,689

1012 South 8th Avenue, Tucson, AZ 85701

1012 South 8th Avenue

Tucson, AZ 85701

  • 250 days on market
    • Price drop $15,000↓
This exquisite single-level property is freshly painted inside and ready for you! Brand new roof in March! Downtown near schools, and parks! The cozy porch provides a welcoming entrance as you approach, ideal for enjoying morning coffees. Inside, you are greeted by a spacious living room w/a fireplace that exudes warmth & relaxation. Adjacently, the minimalist eat-in kitchen is equipped w/modern appliances, a pantry, recessed lighting, & wood cabinetry. The pristine main bedroom is split for a private retreat, distinguished by its side yard access, w/dual vessel sink vanities, large step-in shower w/bench, & walk-in closet. The charm extends to the lovely side yard, featuring an awesome relaxing covered patio. This gem is an excellent choice for anyone seeking a home!

Details

Property type

Single Family Residence

Est. home value

$494,038

Lot size

4,356 sq ft

Price per sq ft

$294

Year built

1964

Annual property taxes

$3,424.35

Price History

06/18/2024
MLSSAZ

MLSSAZ #22323351

Listed
$495,000
06/16/2024
MLSSAZ

MLSSAZ #22323351

Removed
$495,000
06/08/2024
MLSSAZ

MLSSAZ #22323351

Price change
$495,000
-2.94%

Schools & Community

Neighborhood: 

Barrio Santa Rosa

Elementary school: 

Drachman

Middle school: 

Safford K-8 Magnet

High school: 

Tucson

School district: 

TUSD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$355,414
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$99,986
Cash to seller
$355,414

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

V I P Mortgage Inc

Loan start date

February 2013

Original loan amount

$193,794

Est. remaining balance

$99,986

Interest rate

3.35%

Loan type

FHA, 20 year

Seller

Derek D Schumm and Rima Dolgoff Kaspar

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

MLSSAZ
$565,000
3 bd
|
2 ba
|
1,745 sq ft
|
House

1333 East Broadway Boulevard, Tucson, AZ 85719

MLSSAZ
$525,000
3 bd
|
2 ba
|
1,519 sq ft
|
House

215 North Tucson Boulevard, Tucson, AZ 85716

MLSSAZ
$499,000
3 bd
|
2 ba
|
1,493 sq ft
|
House

510 West 17th Street, Tucson, AZ 85701

Status: Active

Tomo last checked: 07/02/2024 at 9:10 AM

Listing updated: 06/20/2024 at 6:57 PM

Listed by: John Harings, John Harings, John Harings, John Harings, United Real Estate Specialists Phone #: (520) 612-7422

MLS: MLSSAZ #22323351

MLSSAZ logo

Recently listed in Tucson