Update – forget about what I wrote down below, 7200 E Desert Moon Loop was in contract for all of 3 hours and 35 minutes and is now back on the market. Oy!
The other day I mentioned that 7200 E Desert Moon Loop was back on the market for $799,000, after having been on and off since it debuted in 08 at $1,695,000. And just like that, today it’s in contract.
The buyers made out. But having paid $1,280,000 for it in 03 the current owners are going to take a real beating. And I’m not sure why it’s been so tough to sell. It’s very well built, a Mike Wachs masonry stucco Sante Fe with oodles of handcrafted wood beams and cabinets.
It looked good on the internet and in the MLS, nice pictures, etc. And current prices in the foothills are well beyond where they were in 03, and the last time I saw it the house appeared to be in reasonably good shape, so it’s a mystery to me.
Are Sante Fe’s, or 2 story homes, less desirable now than they were then? It was on for a year from May 2012 to April 2013 at $899,000 and $875,000, and nothing. I give.
7200 E Desert Moon Loop , Tucson, AZ 85750
(listed by Long Realty)
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