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$1,465,000

Beds
4
Baths
4.5
sq ft
3,246

2122 East Drachman Street, Tucson, AZ 85719

2122 East Drachman Street

Tucson, AZ 85719

  • 55 days on market
This stunning 1950s double-brick home, nestled in the heart of the Arizona Inn/Blenman-Elm historic district, seamlessly marries timeless character with modern sophistication. Thoughtfully remodeled and upgraded, the home retains its historic charm while offering contemporary comforts, including a newer roof, Milgard dual-pane windows, and beautifully crafted integral colored concrete floors.The chef's kitchen, designed for both functionality and style, boasts generous counter space, stainless steel appliances, a wine fridge, and a welcoming breakfast bar. The living room exudes warmth with its gas fireplace, while the adjoining formal dining area sets the stage for memorable gatherings. A private office provides a tranquil retreat for work or study. The primary bedroom features an ensuite bathroom and walk-in closet, complemented by a second bedroom and a tastefully updated bathroom. The family room, with its wall of windows, flows effortlessly into a lush backyard oasis. Beyond lies a fully equipped one-bedroom apartment with its own kitchen, laundry, bathroom, and patio, as well as an additional upstairs studio apartment, offering versatility and privacy for guests or extended family. Outdoor living is elevated with a ramada perfect for entertaining, complete with a BBQ area and a movie screen, all set beneath the canopy of a large mesquite tree. The backyard, adorned with brick pavers, invites relaxation and gatherings in equal measure. Practicality meets charm with a two-car garage, and as part of the National Historic Register, the home qualifies for a 35-45% property tax credit for owner-occupants. Ideally situated, it's just a short stroll to Banner Hospital, the University of Arizona, the Modern Streetcar, restaurants, parks, and more. One owner is a licensed Real Estate Broker in AZ.

Details

Property type

Single Family Residence

Est. home value

$903,229

Lot size

0.26 acres

Price per sq ft

$452

Year built

1951

Annual property taxes

$3,476.13

Price History

12/09/2024
MLSSAZ

MLSSAZ #22429867

Listed
$1,465,000
+141.35%
05/04/2018
MLSSAZ

MLSSAZ #21805530

Sold
$607,000
+14.53%
12/01/2015
MLSSAZ

MLSSAZ #21517841

Sold
$530,000
+189.62%

Schools & Community

Neighborhood: 

Blenman-Elm

Elementary school: 

Blenman

Middle school: 

Doolen

High school: 

Catalina

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

$1,169,821
Asking price
$1,465,000
Closing costs (~8% of asking)
-$117,200
Est. remaining loan balance
-$177,979
Cash to seller
$1,169,821

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

Seller’s Loan History

Lender

Nova Financial & Investment Corp

Loan start date

June 2020

Original loan amount

$241,000

Est. remaining balance

$177,979

Interest rate

2.86%

Loan type

New Conventional, 15 year

Seller

Richard Spreiser and Kathleen A Spreiser

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: 02/02/2025 at 1:05 AM

Listing updated: 01/10/2025 at 8:25 AM

Listed by: Denice Osbourne, Denice Osbourne, Denice Osbourne, Denice Osbourne, Denice Osbourne, Long Realty Company Phone #: (520) 918-2400

MLS: MLSSAZ #22429867

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