tomo logo

$400,000

Beds
2
Baths
2.0
sq ft
1,341

1056 North Herbert Avenue, Tucson, AZ 85705

1056 North Herbert Avenue

Tucson, AZ 85705

  • 37 days on market
1924 Charming West University home and casita! Nestled in the heart of everything: University, hospital, shopping, restaurants. Main house retains all of the appeal of a classic craftsman bungalow. Front porch and enclosed yard to enjoy the cooler weather. Casita is in need of a remodel but offers an opportunity for income generation. Separate electric meters and two off street parking spots.

Details

Property type

Single Family Residence

Est. home value

$402,744

Lot size

5,227 sq ft

Price per sq ft

$299

Year built

1924

Annual property taxes

$2,982.88

Price History

11/15/2024
MLSSAZ

MLSSAZ #22428957

Listed
$400,000
+66.74%
10/10/2019
MLSSAZ

MLSSAZ #21913365

Sold
$239,900
+14.24%
11/06/2015
MLSSAZ

MLSSAZ #21526469

Sold
$210,000

Schools & Community

Neighborhood: 

West University

Elementary school: 

Roskruge

Middle school: 

Mansfeld

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

$196,422
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$171,578
Cash to seller
$196,422

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

Seller’s Loan History

Lender

Sunstreet Mortgage Llc

Loan start date

October 2019

Original loan amount

$191,920

Est. remaining balance

$171,578

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Hugh P Koepke and Kelsey J Koepke

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?

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Status: Active

Tomo last checked: 12/22/2024 at 6:50 AM

Listing updated: 12/13/2024 at 6:05 PM

Listed by: Kristen Moore Bennett, Realty Executives Arizona Territory Phone #: (520) 207-0903

MLS: MLSSAZ #22428957

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