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$275,000

Beds
6
Baths
2.75
sq ft
2,900

116 Black Knob View, Bisbee, AZ 85603

116 Black Knob View

Bisbee, AZ 85603

  • 66 days on market
    • Price drop $10,000↓
Versatile and spacious! Great opportunity in quiet and peaceful Warren district of Bisbee. This 6 bed, 2.75 bath has ample room for all of your ideas and activities!! First floor has 3 bedrooms and 1.75 bath, kitchen, laundry room and additional den with fireplace. Upstairs addition with separate entrance could be finished into a separate apartment that would be great as a rental opportunity, artist studio or in-law suite! Historic home, but with some modern upgrades—REWIRED in 2005, NEW ROOF in 2022, plumbing partially redone as well. Additional highlights include central heating, fireplace, clawfoot soaking tub and large concrete slab off back den area that could also be covered or enclosed. This would make an excellent primary or second residence for the hobbyist, artist or someone with a large family looking to host! Also ideal for those looking to offset future living expenses or see ROI through rental income. Near the historic Warren Ballpark, Copper Pig Restaurant, Warren Peace Cafe and more. 10 minute drive to historic Old Bisbee and also a 10 min drive to Safeway, ACE and more shopping in the other direction. Buyer to verify all facts and figures.

Details

Property type

Single Family Residence

Est. home value

$289,423

Lot size

7,201 sq ft

Price per sq ft

$95

Year built

1926

Annual property taxes

$1,738

Price History

09/05/2024
ArizonaRegional

ArizonaRegional #6730439

Price change
$275,000
-3.51%
07/26/2024
ArizonaRegional

ArizonaRegional #6730439

Price change
$285,000
-4.68%
07/12/2024
ArizonaRegional

ArizonaRegional #6730439

Listed
$299,000

Schools & Community

Elementary school: 

Greenway Primary School

Middle school: 

Lowell School - Bisbee

High school: 

Bisbee High School

High school district: 

Bisbee Unified District

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

$151,120
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$101,880
Cash to seller
$151,120

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

November 2016

Original loan amount

$122,735

Est. remaining balance

$101,880

Interest rate

3.5%

Loan type

FHA, 30 year

Seller

Derek Weidenthal and Caitlin Weidenthal

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: 09/16/2024 at 1:05 PM

Listing updated: 09/10/2024 at 8:20 AM

Listed by: Tiffany Alexander, Tierra Antigua Realty Phone #: (520) 668-8222

MLS: ArizonaRegional #6730439

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