tomo logo

$256,000

Beds
3
Baths
2.0
sq ft
1,417

1081 Paseo Freno, Rio Rico, AZ 85648

1081 Paseo Freno

Rio Rico, AZ 85648

  • 269 days on market
    • Price drop $1,500↓
Step into this lovely renovated home, nestled on a generous 0.63-acre lot, where modern comfort meets breathtaking natural beauty. With stunning mountain views gracing the front, this three-bedroom, two-bathroom residence offers the perfect blend of style and practicality, making it an excellent choice for a starter home or an investment property.Inside, the home exudes elegance with all-tile flooring and luxurious granite countertops in the kitchen and bathrooms. The bathrooms are further enhanced with sleek vessel sinks and brand-new fixtures, adding a touch of sophistication to your daily routine. The cozy, fenced-in backyard, adorned with low-maintenance artificial turf, provides a private oasis for relaxation, yet offers ample space for expansion--imagine creating a sprawling yard or even installing a sparkling swimming pool to complete your dream outdoor retreat. For those who value privacy, a sliding wrought iron gate secures the property, while the area below the home presents a unique opportunity. With a bit of creativity and effort, it could be transformed into an outdoor kitchen and entertainment area, perfect for hosting family gatherings or enjoying the serene surroundings. Modern light fixtures, ceiling fans, and stainless steel appliancesincluding a refrigerator with an icemakerunderscore the home's contemporary charm. Decorative window bars and front security doors add an extra layer of peace of mind, ensuring your family feels safe and secure. Conveniently located close to shopping and I-19, this home combines the best of both worlds: serene mountain views and easy access to everyday amenities.

Details

Property type

Single Family Residence

Est. home value

$256,232

Lot size

0.63 acres

Price per sq ft

$181

Year built

2005

Annual property taxes

$1,280.4

Price History

08/09/2024
MLSSAZ

MLSSAZ #22405173

Price change
$256,000
-0.58%
02/29/2024
MLSSAZ

MLSSAZ #22405173

Listed
$257,500
-0.92%
02/01/2024
ArizonaRegional

ArizonaRegional #6591134

Removed
$259,900

Schools & Community

Elementary school: 

Mountain View Elementary

Middle school: 

Calabasas Middle School

High school: 

Rio Rico High School

School district: 

Santa Cruz Valley United School District #35

Negotiation Insights

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

Seller could get up to

$86,186
Asking price
$256,000
Closing costs (~8% of asking)
-$20,480
Est. remaining loan balance
-$149,334
Cash to seller
$86,186

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nova Financial & Investment Corp

Loan start date

April 2023

Original loan amount

$152,000

Est. remaining balance

$149,334

Interest rate

6.65%

Loan type

New Conventional, 30 year

Seller

Esperanza G Morales and Oscar H Castro

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: 11/24/2024 at 12:25 AM

Listing updated: 11/14/2024 at 10:23 AM

Listed by: Pamela Pesqueira, Pamela Pesqueira, Pamela Pesqueira, Coldwell Banker Realty Phone #: (520) 625-1112

MLS: MLSSAZ #22405173

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