- Tucson Luxury Homes - http://tucsonluxuryhomesblog.com -
Top of the World Tucson -Catalina Foothills Tuscany-style Home Sells as a Short Sale
Posted By Donna Anderson On December 20, 2011 @ 8:38 pm In Foothills Luxury Homes | No Comments
In the sign of the recent times, [2] 4847 E Palais Place sold today for 1.4 million. Bad timing insured this over 7K square foot home that was once listed at $4,450,000 and was the Tucson Museum of Art Designer Showcase Home was just not going to sell at this high price, even in the day. It had a limited audience because it has multiple stories and is reached by going up many stairs or by taking an elevator. The views are magnificent but in a city where the most coveted homes do not have many stairs, it was always a poor bet to sell as one of the most expensive homes in Tucson. So eventually, and after being on the market for 6 + years, it sold as a short sale. Another sad story but a great deal for the buyers!!
(This home was listed and sold by Andy Courtney Properties, Ltd.)
Article printed from Tucson Luxury Homes: http://tucsonluxuryhomesblog.com
URL to article: http://tucsonluxuryhomesblog.com/2011/12/20/top-of-the-world-tucson-touch-of-tuscany-home-sells-as-a-short-sale/
URLs in this post:
[1] Image: http://tucsonluxuryhomesblog.com/__oneclick_uploads/2011/12/foreclosure.jpg
[2] 4847 E Palais Place: http://www.flexmls.com/link.html?uf4kcboxukr,12,1
Click here to print.