$534,999

Seller could get up to $172,918

Learn how this information can help you negotiate

Beds: 2
Baths: 1.0
sq ft: 1,235

2905 East 5th Street, Tucson, AZ 85716

2905 East 5th Street

Tucson, AZ 85716

40 days on market

**Tenant Occupied - 24 Hours Notice** Experience modern comfort in the heart of Tucson's historic Sam Hughes neighborhood. This beautifully updated home received extensive renovations in 2022, including brand-new windows, a remodeled kitchen with updated cabinetry and finishes, and a stylishly refreshed bathroom. The private backyard is a true oasis, perfect for relaxation or entertaining, and includes an additional storage outbuilding for added convenience. Tenant occupied as a short term rental, this property is ideal for investors or homeowners, with furnishings available to convey on a separate bill of sale. Blending historic charm with contemporary updates, this home is ideally located near the University of Arizona, downtown Tucson!

Details

Property type

Single Family Residence

Est. home value

$424,777

Lot size

8,276 sq ft

Price per sq ft

$434

Year built

1948

Annual property taxes

$3,036.81

Price History

11/11/2024

MLSSAZ #22427878

Listed

$534,999

+28.92%

06/07/2022

MLSSAZ #22206955

Sold

$415,000

Schools & Community

Neighborhood:

Sam Hughes

Elementary school:

Sam Hughes

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

$172,918

Asking price

$534,999

Closing costs (~8% of asking)

-$42,800

Est. remaining loan balance

-$319,281

Cash to seller

$172,918

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

Seller’s Loan History

Lender

Altitude Financial Corp

Loan start date

May 2022

Original loan amount

$332,000

Est. remaining balance

$319,281

Interest rate

Loan type

New Conventional, 30 year

Seller

Christopher M Warren and Helena Warren

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: 12/21/2024 at 7:45 PM

Listing updated: 12/19/2024 at 9:40 AM

Listed by: Andrew Smith, Andrew Smith, Andrew Smith, Andrew D. Smith, Andrew Smith, Andrew Smith, Andrew Smith, Andrew Smith, Keller Williams Southern Arizona Phone #: (520) 600-0166

MLS: MLSSAZ #22427878

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