tomo logo

$245,000

Beds
2
Baths
1.0
sq ft
864

5062 East 1st Street, Tucson, AZ 85711

5062 East 1st Street

Tucson, AZ 85711

  • 2 days on market
This charming 2 bedroom, 1 bath home, Situated on a spacious corner lot, the property offers ample outdoor space for gardening, entertaining, or future expansion. Stay cool with the Trane air conditioner, window awnings and double pane windows. Electric upgraded recently, newer appliances , surrounded by block walls and conveniently located on the bus line. Lots of room for your RV with 220 hook ups. Kitchen amenities include a built in microwave and pull out shelves. Laundry room with a stacking washer/dryer offers a sink and storage. Enjoy the convenience of being centrally located. The University of Arizona, TMC and Banner hospitals, along with plenty of restaurants and shopping are all within a 5 mile radius. A Must See!

Details

Property type

Single Family Residence

Est. home value

$240,121

Lot size

7,841 sq ft

Price per sq ft

$284

Year built

1952

Annual property taxes

$1,674.97

Price History

01/03/2025
MLSSAZ

MLSSAZ #22500206

Listed
$245,000
+91.41%
10/24/2019
MLSSAZ

MLSSAZ #21917411

Sold
$128,000

Schools & Community

Neighborhood: 

Swan Way Park

Elementary school: 

Howell

Middle school: 

Vail

High school: 

Rincon

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

$116,804
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$108,596
Cash to seller
$116,804

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

October 2019

Original loan amount

$121,600

Est. remaining balance

$108,596

Interest rate

3.49%

Loan type

New Conventional, 30 year

Seller

Zhonghui Wang

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?

Status: Active

Tomo last checked: 01/05/2025 at 1:50 AM

Listing updated: 01/03/2025 at 2:05 AM

Listed by: Cheri Peng, Cheri Peng, Cheri Peng, HomeSmart Advantage Group Phone #: (520) 505-3000

MLS: MLSSAZ #22500206

MLSSAZ logo

Recently listed in Tucson

$1,475,000|2 bd|2.5 ba|House

Explore top cities in Arizona