The other day I mentioned that 4311 E Pinnacle Ridge Place (which sold for $1,135,000 ($255/sf) in July 06) sold as a short sale for $700,000 which - at $157/sf, was by far the lowest $/sf sale in there. (in Pinnacle Ridge, aka Paloma Canyon)
That is, it was, until today. 6325 N Pinnacle Ridge Drive, a foreclosure, sold today for $605,000 – 45% less than the $1,100,000 the sellers paid in 06 - and at $136/sf it takes the cake as the cheapest $/sf sale in Pinnacle Ridge.
6325 N Pinnacle Ridge Drive Tucson, AZ 85718
(listed by Coldwell Banker Residential Brokerage)
Needless to say, if you’re a buyer looking in Pinnacle Ridge these 2 el-cheapo sales are very good ammo for you.
see thefoothillsToday.com
to find your Tucson Foothills home
PS- I’m still out of town but I couldn’t resist sneaking a peak at what’s going on.