tomo logo

$245,000

Beds
2
Baths
2.0
sq ft
1,001

5062 East Lee Street, Tucson, AZ 85712

5062 East Lee Street

Tucson, AZ 85712

  • 121 days on market
    • Price drop $5,000↓
Looking for a townhome without an HOA can certainly feel like searching for a unicorn in the Sonoran Desert! However, you won't want to miss this charming townhouse that offers just that.Step inside to discover a generously sized living space that flows seamlessly into a galley kitchen, making it perfect for entertaining or enjoying a quiet meal at home. The home features two comfortable bedrooms with two full bathrooms.This is truly a fantastic opportunity for homeownership, or an investment for a rental. This motivated seller is eager to make a deal. Don't miss your chance to experience this hidden gem!Notable updates throughout the property include fresh paint and new flooring, with new carpet in the master bedroom. The galley kitchen features a brand-new dishwasher, and an updated pantry which includes convenient sliding shelves for better organization. Plus, a new water heater ensures you won't have to worry about running out of hot water. Your major applianceswasher, dryer, dishwasher, stove and refrigeratorare all included, making your move-in seamless. Outside, you'll step into your own oasis with plenty of greenery for generous shade in the summer. This open and low maintenance backyard is ready for you to enjoy. You will appreciate the recently updated exterior paint and a rebuilt built-up roof, complete with a warranty through 2029 for peace of mind. Located in central Tucson, this townhouse offers the perfect balance of comfort and convenience. You'll find yourself just minutes away from parks, shopping, dining, medical facilities, golf courses, and the University of Arizona.

Details

Property type

Townhouse

Est. home value

$213,616

Lot size

3,049 sq ft

Price per sq ft

$245

Year built

1974

Annual property taxes

$1,298.06

Price History

12/06/2024
MLSSAZ

MLSSAZ #22426335

Price change
$245,000
-2%
10/24/2024
MLSSAZ

MLSSAZ #22426335

Listed
$250,000
+56.25%
01/18/2022
MLSSAZ

MLSSAZ #22123078

Sold
$160,000
+26.48%

Schools & Community

Neighborhood: 

St. Cyrils

Elementary school: 

Whitmore

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

$78,589
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$146,811
Cash to seller
$78,589

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

December 2021

Original loan amount

$157,102

Est. remaining balance

$146,811

Interest rate

3.09%

Loan type

FHA, 30 year

Seller

April May Ramey

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 9:50 PM

Listing updated: 01/28/2025 at 11:15 AM

Listed by: Stephanie L Van Latum, Stephanie L Van Latum, Stephanie L Van Latum, Long Realty Company Phone #: (520) 918-2400

MLS: MLSSAZ #22426335

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