tomo logo

$350,000

Beds
4
Baths
2.0
sq ft
1,542

5612 East Lee Street, Tucson, AZ 85712

5612 East Lee Street

Tucson, AZ 85712

  • Pending
This beautifully remodeled 4-bedroom, 2-bathroom home in central Tucson offers style, functionality, and income potential. The spacious kitchen features brand-new cabinets, a large island, and granite countertops, complemented by porcelain tile flooring--perfect for entertaining. New dual-pane windows enhance energy efficiency and comfort. A versatile bonus room, connected to the living area and kitchen, can be a dining room, office, game room, or playroom, with an adjacent bedroom for added flexibility. The property has ample space to build an ADU for extra income. Great central location--just 6 miles to UA, near Fort Lowell Park, TMC, restaurants, and groceries. No HOA means the freedom to park your RV or toys. Don't miss this incredible opportunity!

Details

Property type

Single Family Residence

Est. home value

$323,644

Lot size

8,276 sq ft

Price per sq ft

$227

Year built

1966

Annual property taxes

$2,277.92

Price History

01/21/2025
MLSSAZ

MLSSAZ #22501040

Pending
$350,000
01/10/2025
MLSSAZ

MLSSAZ #22501040

Listed
$350,000
+40%
07/26/2024
MLSSAZ

MLSSAZ #22417409

Sold
$250,000

Schools & Community

Neighborhood: 

Harlan Heights

Elementary school: 

Hudlow

Middle school: 

Dodge Traditional Magnet

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

$165,604
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$156,396
Cash to seller
$165,604

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

Seller’s Loan History

Lender

V I P Mortgage Inc

Loan start date

May 2014

Original loan amount

$200,000

Est. remaining balance

$156,396

Interest rate

4.34%

Loan type

New Conventional, 30 year

Seller

Carlos Melendez and Alice Melendez

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: Pending/Under Contract

Tomo last checked: 01/21/2025 at 6:20 PM

Listing updated: 01/21/2025 at 4:05 PM

Listed by: Hedy Ramani, Hedy Ramani, Hedy H. Ramani, Hedy H Ramani, Engel & Volkers Tucson Phone #: (520) 954-5800

MLS: MLSSAZ #22501040

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