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$1,695,000

Beds
6
Baths
4.5
sq ft
4,410

950 North 6th Avenue, Tucson, AZ 85705

950 North 6th Avenue

Tucson, AZ 85705

  • 76 days on market
Nestled in Historic West University, this stately 1916 residence stands as a proud testament to timeless elegance, earning its prestigious place on the National Historic Register offers a significant property tax reduction to owner occupants. The home has been meticulously restored and thoughtfully upgraded, blending modern amenities with its original charm to create a living space that honors its rich heritage. The restoration has preserved exquisite features such as the original oak floors and intricate crown moldings, while large, light-filled walls of windows, a stunning period crystal chandelier, and refined wood wainscoting lend an air of classic sophistication to the interiors. One cannot overlook the home's original butler's pantry, a rare and beautifully preserved feature from the era. Significant upgrades have further elevated the home, enhancing both its functionality and aesthetic appeal. These updates include new state-of-the-art Trane HVAC systems, indow windows, silicone roof coatings for added durability, and advanced pool cleaning systems to maintain the pristine outdoor spaces. Additionally, the property now boasts new ramadas and arbors, creating perfect shaded retreats amidst thoughtfully designed plantings and a fully upgraded irrigation system. For security and privacy, custom wrought iron fencing and privacy walls have been carefully installed, ensuring peace and tranquility in this expansive compound. The property itself is impressively spacious, featuring a 2,750-square-foot main home that includes four well-appointed bedrooms, a formal living room, a family room, and even a finished basement that provides additional living space. In addition to the main residence, there is a 913-square-foot guest house offering full accommodations, perfect for visitors or extended family. An additional 747-square-foot structure includes a one-bedroom suite, a garage with an electric vehicle outlet, and a separate storage and workshop area, catering to a variety of needs. Situated in an ideal location, this grand estate offers the best of both worlds: a serene residential setting just a short stroll from the vibrant University of Arizona, the lively 4th Avenue district, the convenience of the Modern Streetcar, and the bustling Downtown and Mercado District.

Details

Property type

Single Family Residence

Lot size

0.28 acres

Price per sq ft

$385

Year built

1916

Annual property taxes

$2,778.07

Price History

09/06/2024
MLSSAZ

MLSSAZ #22422097

Listed
$1,695,000
+47.39%
01/27/2022
MLSSAZ

MLSSAZ #22127769

Sold
$1,150,000
+90.08%
05/01/2007
MLSSAZ

MLSSAZ #2640573

Sold
$605,000

Schools & Community

Neighborhood: 

West University

Elementary school: 

Drachman

Middle school: 

Mansfeld

High school: 

Tucson

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

$979,149
Asking price
$1,695,000
Closing costs (~8% of asking)
-$135,600
Est. remaining loan balance
-$580,251
Cash to seller
$979,149

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

January 2022

Original loan amount

$617,200

Est. remaining balance

$580,251

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Carl K Zimmerman

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: 11/21/2024 at 8:00 PM

Listing updated: 11/14/2024 at 10:23 AM

Listed by: Denice Osbourne, Denice Osbourne, Denice Osbourne, Denice Osbourne, Denice Osbourne, Long Realty Company Phone #: (520) 918-2400

MLS: MLSSAZ #22422097

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