Short Sale on Boulder Canyon

boulder.jpg4224 N Boulder Canyon Place, incredibly priced at 485K, went under contract today, listed as “Active Capa”, which typically means the Seller has accepted the offer, but the Lender has not reviewed it or accepted it yet. Only about 22% of short sales are approved by the Lender and make it to closing. This 3,300 square foot, semi-custom Outpostbuilt home is sited on over 1/2 acre. It sold for 657K in December of 2004. (Listed by Long Realty)

Equally incredible, is that there has only been one sale in Sabino Mountain this year; it was also on Boulder Canyon and is a smaller home that sold for 535K. This home was also built by Outpost; has 2,600 square feet and is sited on .76 acres . It is located 7 doors down on the same side of the street. Surprisingly, it was only on the market just less than 3 months, which is excellent in today’s strong buyers’ market. (Listed by Coldwell Banker)

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