Sunday, September 4, 2005

Needs Work! Investors Welcome!

This modest home tucked away in the hills outside Tucson is currently the most expensive home listed in Pima county. Some additional fun facts:

If you could get a 30 year mortgage at 6% for the full $17.5M list price (you can’t-- most lending will top out at about $2M) , you would be making monthly payments of $104,921.34 PI.

At 25,000 square feet, it is about one-quarter the size of a Home Depot store.

I guess I like it. But at that price I would expect a helipad.

1 comment:

  1. i thought that website was for a whole community at first. that is freaking amazing. i wanted to ask you, how is the housing market for the more expensive houses of arizona? is it booming in relation?

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