$505,000

Seller could get up to $218,122

Learn how this information can help you negotiate

Beds: 2
Baths: 2.0
sq ft: 1,056

502 East Historic Street, Tucson, AZ 85701

502 East Historic Street

Tucson, AZ 85701

43 days on market

Price drop $13,000↓

Discover the perfect blend of charm, style & efficiency in this stunning home in Armory Park Del Sol, designed by renowned builder John Wesley Miller. Upon arrival, you'll appreciate the fresh exterior paint, updated landscaping & distinctive copper rain gutter w/rain chains. Step inside to an open plan filled w/natural light & concrete floors thruout. Charming living area flows into the generous dining area. Well laid-out kitchen w/upgraded cabs & newer appl. Spacious Primary Suite w/walk-in shower. Beautifully finished garage w/epoxy flooring, insulated door & AC unit. This masonry home offers owned solar & aligns w/the neighborhood's commitment to sustainability. Minutes to Downtown, 4th Ave & plenty of restaurants, arts & entertainment offering an urban lifestyle in a vibrant commty

Details

Property type

Single Family Residence

Est. home value

$441,468

Lot size

3,485 sq ft

Price per sq ft

$479

Year built

2013

Annual property taxes

$3,749

Monthly HOA fee

$114

Price History

02/11/2025

MLSSAZ #22501037

Price change

$505,000

-2.51%

01/10/2025

MLSSAZ #22501037

Listed

$518,000

+21.88%

08/10/2022

MLSSAZ #22215807

Sold

$425,000

+29.97%

Schools & Community

Neighborhood:

Armory Park

Elementary school:

Safford K-8 Magnet

Middle school:

Safford K-8 Magnet

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

$218,122

Asking price

$505,000

Closing costs (~8% of asking)

-$40,400

Est. remaining loan balance

-$246,478

Cash to seller

$218,122

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

August 2022

Original loan amount

$255,000

Est. remaining balance

$246,478

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

Kevin Milan Miller and Carrie Jane Olson

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 11:45 AM

Listing updated: 02/11/2025 at 2:25 PM

Listed by: Peter Deluca, Peter Deluca, Peter Deluca, Peter Deluca, Peter Deluca, Peter Deluca, Peter Deluca, Peter Deluca, Peter Deluca, Long Realty Company Phone #: (520) 918-2400

MLS: MLSSAZ #22501037

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