Sabino Mountain Blog

Sabino Mountain Short Sale Under Contract

donna — Mon, 06 Feb 2012 22:24:06 +0000

4342 N Sunset Cliff Drive, with a List Price of 275K, went under contract after only being on the market less than 3 weeks. This 2100 square foot, one-story home last sold for $362,500 over 4 years ago. Since it is a short sale, there are no guarantees the lender will accept the offer. Time will tell.

This home is listed by Remax Majestic.

Saddle View Home Foreclose Sells

donna — Tue, 31 Jan 2012 18:43:28 +0000

4556 N. Saddle View Drive, a 2,200 square foot, one-story foreclosure sold for $239,900. This home originally sold for 290K in 2003. This is the third foreclosure within the past year where a home in Sabino Mountain sold for 250K or less–the other two are 4493 N. Little Rock (sold for 250K) and 4308 N. Ocotillo Canyon (sold for 231K). Right now there are no foreclosures for sale; there are two short sales - one on N. Little Rock and one on E. Crested Saguaro (under contract).

These distressed sales are fewer in the Catalina Foothills than in other areas of Tucson. We hope for a decrease in the number of these distressed homes this year!

Two Lots on Black Rock Under Contract

donna — Sat, 21 Jan 2012 18:18:43 +0000

I represented the buyer on the sale of two custom, ridge-top lots on
4255 and 4285 N Black Rock Drive, listing at 249K and 299K,
and totally over 1.2 acres.

Seven Homes for Sale in Sabino Mountain

donna — Sun, 15 Jan 2012 18:34:16 +0000

To see homes for sale in Sabino Mountain -click on the link: 7 homes for sale in Sabino Mountain. Price range is $289,500 - $1,950,000. Note there are 3 homes for sale at around the 1 million price point.

Monterey Almost 3K Square Foot Home Comes on the Market

donna — Sun, 15 Jan 2012 18:10:27 +0000

4108 N Sunset Cliff Place came on the market today with a List Price of $379,000. This two-story home is listed by Neal Manning Company.

(Click on the address to see more listing details, including photos)

Don’t hesitate to call me at 520-615-2598 or email me at Donna@DonnaAnderson.com to see this home.

Sabino Mountain Had 8 Sales in 2011

donna — Mon, 09 Jan 2012 20:27:04 +0000

2011 was a challenging year for Sabino Mountain with only 8 sales and prices dipping down to 2003-2004 levels. Final Sales Prices ranged from 231K - 925K. To view all the houses that closed escrow in Sabino Mountain–click on the link: Sabino Mountain.

2012 promises to be a little bit of a nail-biter for Sellers with not much change from 2011, where it may get slightly better or it might get slightly worse. Right now there is a foreclosure under contract (Pepper-Viner, one story; approximately 2,200 square feet on Saddle Drive) that may be the lowest final sales price Sabino Mountain has had in many years–it could sell for below the low 2011 figure of 231K that is, indeed, extremely low. A few years ago the lowest price in Sabino Mountain was in the low 400 thousands. There is a short sale in “The Retreat“, the exlusive 2nd gated area of Sabino Mountain, that is under contract having a List Price of 900K. A few years ago this house would have sold for at least 1.5 million. The final sales prices of houses under contract is not known until they close escrow.

Sellers are very unhappy with the low sales prices they are receiving and buyers are, of course, only willing to pay “fair market value”. Only very serious Sellers should put their homes up for sale in this market. And in order to have a chance at selling their homes they should seek a very experienced agent who knows the neighborhood. The photo is of 4182 N Quail Canyon that sold in June for 925K; this home previously sold three years before for $1,449,000. This home was listed by Keller Williams of Southern Arizona.

Short Sale in “The Retreat” Goes Under Contract

donna — Fri, 06 Jan 2012 15:27:15 +0000

If the buyer gets this house at anywhere close to list price, he/she got a screaming deal. 7605 E Crested Saguaro went under contract with a List Price of 900K. Of course, we will not know the final price until it closes. This home first came on the market, not as a short sale, at almost 2.2 million in October 2007; it sold for $1,030,543 in June 2004.

This home is listed by Tierra Antiqua.

Sabino Mountain Sales History

donna — Fri, 09 Dec 2011 01:41:29 +0000

Interested in seeing what Sabino Mountain homes sold for the last six years; go to my website at www.DonnaAnderson.com and click on Sabino Mountain and then Sabino Mountain Sales.

Sabino Mountain Foreclosure Goes Under Contract

donna — Sat, 19 Nov 2011 02:40:49 +0000

4556 Saddle View Drive, listed by Keller Williams of Southern Arizona, at a List Price of $239,900 went under contract today. It last sold in August 2003 for 290K. This one-story home has over 2,200 square feet.

Upon close of escrow, I will know the final sales price and I will publish it here.

2011 Best Bargain in Sabino Mountain

donna — Thu, 17 Nov 2011 16:13:34 +0000

As I reflect on the Sabino Mountain sales of this year, it comes to mind that the biggest bargain was the sale of 4224 N Boulder Canyon Place at the unbelievably low price of 441K! This Outpost built semi-custom home has over 3,300 square feet and is sited on over 1/2 acre and has sparkling city views. The previous sale in this home was in 2004 when it sold for 657K. This is one of the three distressed sales of this year, and sold as a “short sale”. This buyer got a tremendous deal!

(Listed by Long Realty)