tomo logo

$540,000

Beds
7
Baths
3.5
sq ft
2,073

2550 North Vine Avenue, Tucson, AZ 85719

2550 North Vine Avenue

Tucson, AZ 85719

  • 86 days on market
Occasionally we have a gem that comes on market, and this one happens to be one of them! This turn-key ready home is an Investors dream, featuring 7 bedrooms and 3.5 baths, imagine the possibilities! Home was previously a State Certified Assisted Living Facility and owners remodeled to bring up to code by installing a commercial grade whole home fire suppression system along with a commercial fire safety system. Home has been extensively remodeled to include installing a new water heater 2021, new outside stucco just added to replace some metal siding, adding a new indoor laundry room, splitting one of the bedrooms to convert to 2 more bedrooms, making this a 7 bedroom home, removing all carpet, remodeled some of the bathrooms to included new fixtures, new tile surrounds, new toilets, new pedestals, new metal fencing around the whole property, removing wood paneling throughout home and adding new texture and paint, installing new lighting fixtures, the list goes on and on. This property will not disappoint and is located minutes away from the University of Arizona, UMC, Arizona Health Center & Cat Tran and many local restaurants and amenities! Home is located on a corner lot with tons of street parking, need more parking?? you can open up side gate to take advantage of private parking space in yard. This home is located on a huge lot, and you have the room to add a ADU/casita for even more income potential! Home was previously used as AIRBNB and Seller can provide receipts of stay! House hack, build a tiny home on the property, live there and rent out this home for a massive income potential! Home can be used as AIRBNB, Assisted Living Facility or rent to traveling nurses or U of A students!! Take advantage of this great opportunity and give me a call to schedule your showing !

Details

Property type

Single Family Residence

Est. home value

$436,794

Lot size

7,405 sq ft

Price per sq ft

$261

Year built

1975

Annual property taxes

$3,509.98

Price History

11/28/2024
MLSSAZ

MLSSAZ #22429182

Listed
$540,000
-1.82%
11/15/2024
MLSSAZ

MLSSAZ #22423126

Removed
$550,000
10/31/2024
MLSSAZ

MLSSAZ #22423126

Price change
$550,000
-2.65%

Schools & Community

Neighborhood: 

Samos

Elementary school: 

Blenman

Middle school: 

Doolen

High school: 

Catalina

School district: 

TUSD

Seller’s Loan History

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

Lender

Flagstar Bank Fsb

Loan start date

January 2022

Original loan amount

$39,907

Est. remaining balance

$36,853

Interest rate

3.11%

Loan type

FHA, 27 year

Seller

Byron Tolliver and Viola Tolliver

Lender

Flagstar Bank Fsb

Loan start date

October 2021

Original loan amount

$51,374

Est. remaining balance

$47,185

Interest rate

2.86%

Loan type

FHA, 28 year

Seller

Byron Tolliver and Viola Tolliver

Lender

Flagstar Bank Fsb

Loan start date

March 2019

Original loan amount

$253,326

Est. remaining balance

$226,041

Interest rate

4.45%

Loan type

FHA, 30 year

Seller

Bryon Tolliver and Viola Tolliver

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: 02/22/2025 at 8:15 PM

Listing updated: 02/16/2025 at 7:40 AM

Listed by: Maritza Marlow, Tierra Antigua Realty Phone #: (520) 428-0444

MLS: MLSSAZ #22429182

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