First listed in February 2005 for $987,500, and with numerous price adjustments over the next 7 years, 5450 N calle la cima Tucson, AZ 85718 finally sold for $620,000. Built in 1944 I’m sure it was built with 4 or 5 acres, or more, but, except for 1 additional 1 acre parcel, the others had been split and sold long ago.
But the 1 acre that was split in 2006 was still for sale. I showed the Joesler a few times over the years and one obstacle to a sale, and I think the obstacle, was that 1 acre vacant parcel directly adjacent to the house’s south side. As it stood the Joesler had nice southern views but anything built on that parcel would effectively erase them, and you’d be staring at the back of someone else’s house. And no one wanted to pay the price for the house and then have to to buy the parcel to insure their views.
But with the price of the house finally way down, maybe it made sense. The parcel sold in November 2013 for $175,000, followed by the sale of the Joesler in December for $620,000. Coincidental timing, I doubt it. So I’m guessing that one party bought both pieces. But I can’t be sure because the tax assessor has yet to update the online records for the sale of the Joesler.
Any vacant buildable parcel that, when built, may substantially impact an adjacent home is a turnoff for most buyers. Because you don’t know and have no control over what’s going to be built.
5450 N calle la cima , Tucson, AZ 85718
(listed by Sinclair Associates)
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