tomo logo

$350,000

Beds
4
Baths
2.5
sq ft
2,261

8970 East Sugar Sumac Street, Tucson, AZ 85747

8970 East Sugar Sumac Street

Tucson, AZ 85747

  • 59 days on market
Terrific starter home located in Rita Ranch with a 3.5% FHA Assumable Rate. It is a stunning 4 Bedroom 2.5 Bathroom 2,261sq.ft. home within the Silver Pass community. Solar Panels on the home provide energy efficient living as well as the assurance of no poly pipes in the home and a water softener. All appliances convey on the property including the washer and dryer. The 3rd car garage was used as an office space but can be converted back into a functioning 3rd car garage. Enjoy the benefits of the Vail School District and all the nearby shopping amenities including easy freeway access. Don't miss your chance to own a great home at an affordable price.

Details

Property type

Single Family Residence

Est. home value

$373,864

Lot size

6,098 sq ft

Price per sq ft

$155

Year built

1996

Annual property taxes

$2,482.39

Monthly HOA fee

$11

Price History

06/28/2024
MLSSAZ

MLSSAZ #22411663

Listed
$350,000
05/21/2024
MLSSAZ

MLSSAZ #22411663

Pending
$350,000
05/09/2024
MLSSAZ

MLSSAZ #22411663

Listed
$350,000
-2.78%

Schools & Community

Neighborhood: 

Rita Ranch

Elementary school: 

Desert Willow

Middle school: 

Desert Sky

High school: 

Vail Dist Opt

School district: 

Vail

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

$51,725
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$270,275
Cash to seller
$51,725

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

Seller’s Loan History

Lender

Jfq Lending Inc

Loan start date

March 2022

Original loan amount

$283,373

Est. remaining balance

$270,275

Interest rate

3.45%

Loan type

FHA, 30 year

Seller

Koffi A Seddo

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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8487 South Egyptian Drive, Tucson, AZ 85747

Status: Active

Tomo last checked: 07/07/2024 at 5:30 AM

Listing updated: 06/28/2024 at 1:14 PM

Listed by: Michael Anthony Kingma, Michael Anthony Kingma, Real Broker Phone #: (602) 755-3415

MLS: MLSSAZ #22411663

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