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$1,295,000

Beds
9
Baths
8.0
sq ft
3,690

1075 East Ranch Road, Payson, AZ 85541

1075 East Ranch Road

Payson, AZ 85541

  • 120 days on market
    • Price drop $100,000↓
Discover your next investment with Mountain Meadows Cabins! Just minutes from Christopher Creek, this nearly 2.7 acre property in Gordon Canyon offers a beautifully remodeled home and six cozy rental cabins. Each cabin features a fireplace, kitchenette, and air conditioning, with three boasting indoor spas/hot tubs and two private outdoor spas/hot tubs. A perfect retreat that doubles as an income-generating property! Property comes with main home (3/2 b/b, 1792 sq ft) and 6 cabins (sq ft as follows: 424, 3 cabins at 320, and 2 cabins at 256). Property can be split into 2 parcels later if Buyer holds ability to later split into 2 parcels with the county if desired.

Details

Property type

Single Family Residence

Est. home value

$1,096,791

Lot size

2.64 acres

Price per sq ft

$351

Year built

1999

Annual property taxes

$5,727

HOA

No

Price History

12/10/2024
ArizonaRegional

ArizonaRegional #6746854

Price change
$1,295,000
-7.17%
11/12/2024
ArizonaRegional

ArizonaRegional #6746854

Price change
$1,395,000
-3.79%
08/24/2024
ArizonaRegional

ArizonaRegional #6746854

Listed
$1,450,000
+1.75%

Schools & Community

Elementary school: 

Out of Maricopa Cnty

Middle school: 

Out of Maricopa Cnty

High school: 

Out of Maricopa Cnty

High school district: 

Payson Unified District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Walter Kenneth Chaffee Etux

Loan start date

April 2022

Original loan amount

$175,000

Est. remaining balance

Not provided

Interest rate

3.89%

Loan type

Purchase Money Mortgage

Seller

Noble Riches Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 4:00 AM

Listing updated: 12/10/2024 at 10:40 AM

Listed by: Katrina Barrett, Walt Danley Local Luxury Christie's International Real Estate Phone #: (480) 450-1518

MLS: ArizonaRegional #6746854

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