According to Realty Trac, 1643 E Sahuaro Blossom Place is now bank owned.
A spec, it was still under construction when listed for $2,900,000 ($624/sf) in 2006.
But no-go, gee I wonder why, and it left the market in July 07 at a mere $2,795,000 – not to return anytime soon.
Vacant during that time it was also available as a rental, first for $10k – but no-go there either – then for around $5k. And that worked and it was rented and occupied over the years (very un-spec-like behavior, most just plug along for sale) and then, while rented, it was listed for sale last November (after 4 years off the market) for $1,100,000 as a short sale. And it went to contract pronto, in 20 days, but as a first stage short sale contract, with just the owner signing off on the deal.
Meanwhile mr. lender, the one calling the shots, was, as usual, taking their sweet time and had not gotten around to giving it their blessing.
And now despite having an offer in hand it appears mr. lender has gone ahead and foreclosed. Which means everyone’s out of luck - the former owner, the tenant, and the intended buyer. Not to mention the listing and buyers agents. So much for the year of the short sale.
Sharpen your checkbooks, because, assuming they price it right, I’m sure there’ll be plenty of competition for this when it shows up as a foreclosure.
1643 E Sahuaro Blossom Place Tucson, AZ 85718
(was listed by Coldwell Banker Residential Br)
to find your Foothills home