4303 E Pinnacle Ridge Place, in Pinnacle Ridge, was listed for $895,000 ($253/sf) and went to contract 22 days later and closed today for $895,000. With the distinction of being the highest $$/sf sale in Pinnacle since 2007. Scouts honor.
And while Pinnacle isn’t exactly a cookie cutter community it’s pretty darn close. All the homes are built by AF Sterling, all built within a few years of each other, all on lots that are 1/2 acre or slightly less, and with 4 or 5 different floor plans. So they’re easy to comp.
Since Jan 1, 2013, there’ve been 5 other sales in Pinnacle with the exact same floor plan as the $895 sale. And they sold from $686,900 to $785,000 - and from $194 to $222/sf.
And wouldn’t you know it, this was a cash sale, no appraisal.
4303 E Pinnacle Ridge Place Tucson, AZ 85718 (link expires on 7/12/14
(listed by CNN Realty Services, LLC 3136)
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