tomo logo

$2,250,000

Beds
5
Baths
5.0
sq ft
5,207

11725 East Spanish Ridge Place, Tucson, AZ 85730

11725 East Spanish Ridge Place

Tucson, AZ 85730

  • 119 days on market
Unique Traditional Mud Adobe House for Sale:Welcome to Hacienda Puerta de Madera, a stunning oasis nestled on 3.31 acres of serene desert landscape. Located just a mile south of the Saguaro National Park entrance, this property offers the perfect blend of rural tranquility and convenient access to amenities. Unmatched Architectural Elegance: This one-of-a-kind home is constructed from traditional sun-dried mud adobe bricks, a timeless building technique that dates back centuries. The use of natural materials not only provides superior thermal insulation but also creates a charming, earthy aesthetic that blends seamlessly with the surrounding landscape. Every corner of this house reflects the authentic craftsmanship and cultural heritage of traditional adobe construction.

Details

Property type

Single Family Residence

Est. home value

$1,127,153

Lot size

3.31 acres

Price per sq ft

$433

Year built

2002

Annual property taxes

$8,042.84

Price History

05/23/2024
MLSSAZ

MLSSAZ #22412868

Listed
$2,250,000
+181.25%
04/06/2005
MLSSAZ

MLSSAZ #2500255

Sold
$800,000

Schools & Community

Elementary school: 

Tanque Verde

Middle school: 

Emily Gray

High school: 

Tanque Verde

School district: 

Tanque Verde

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

$1,843,902
Asking price
$2,250,000
Closing costs (~8% of asking)
-$180,000
Est. remaining loan balance
-$226,098
Cash to seller
$1,843,902

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

Seller’s Loan History

Lender

Xceed Financial Fcu

Loan start date

June 2015

Original loan amount

$510,000

Est. remaining balance

$226,098

Interest rate

3.02%

Loan type

New Conventional, 15 year

Seller

Kevin S Reid and Erica Reid

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

Price drop
MLSSAZ
$2,150,000
5 bd
|
5 ba
|
5,564 sq ft
|
House

540 North Camino Del Codorniz, Tucson, AZ 85748

Status: Active

Tomo last checked: 09/19/2024 at 9:15 AM

Listing updated: 09/18/2024 at 10:12 AM

Listed by: Laurie Hassey, Laurie Hassey, Laurie Hassey, Laurie Hassey, Long Realty Company Phone #: (520) 918-8888

MLS: MLSSAZ #22412868

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