tomo logo

$525,000

Beds
5
Baths
3.0
sq ft
2,886

5558 West Red Racer Drive, Tucson, AZ 85742

5558 West Red Racer Drive

Tucson, AZ 85742

  • 1 day on market
Stunning 5-Bedroom, 3- Full Bath Home with OWNED SOLAR reducing your electric bill. This exceptional 2-story home offers a spacious 2,886 sq. ft. of living space with a desirable split-bedroom layout with a convenient bedroom and full bath located on the ground floor. Take advantage of the large backyard--perfect for outdoor activities or relaxing under the expansive covered patio. Off the master bedroom, you'll find a full balcony offering serene views, and a large loft area with plenty of storage. The kitchen features a large breakfast bar that seamlessly opens to the inviting family room. It also includes a double oven, with some newer stainless-steel appliances and plenty of cabinet space. Modern updates are throughout, including updated bathroom fixtures, sleek lighting, and ceiling fans in every room for added comfort. Situated with no rear neighbors, this home offers privacy and tranquility, making it the perfect retreat while still being close to all amenities. Don't miss your chance to own this beautiful home, schedule a tour today! Owner-Agent

Details

Property type

Single Family Residence

Est. home value

$457,836

Lot size

6,970 sq ft

Price per sq ft

$182

Year built

2005

Annual property taxes

$3,970.52

Monthly HOA fee

$30

Price History

01/13/2025
MLSSAZ

MLSSAZ #22501333

Listed
$525,000
+16.93%
11/07/2022
MLSSAZ

MLSSAZ #22217265

Sold
$449,000
+39.88%
10/28/2020
MLSSAZ

MLSSAZ #22022440

Sold
$321,000
+1.61%

Schools & Community

Elementary school: 

Degrazia

Middle school: 

Tortolita

High school: 

Mountain View

School district: 

Marana

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

$133,666
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$349,334
Cash to seller
$133,666

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

October 2022

Original loan amount

$359,200

Est. remaining balance

$349,334

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Alexander Charles Smith and Brittany Annmarie Wagner

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: 01/14/2025 at 4:50 PM

Listing updated: 01/13/2025 at 9:20 PM

Listed by: Alexander Smith, Goldsmith Real Estate Phone #: (520) 219-3100

MLS: MLSSAZ #22501333

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