tomo logo

$769,000

Beds
3
Baths
3.0
sq ft
2,987

117 South Hobe Road, Oracle, AZ 85623

117 South Hobe Road

Oracle, AZ 85623

  • 179 days on market
    • Price drop $30,000↓
Custom-built Santa Fe home offers a unique blend of architectural beauty and natural tranquility. Nestled on 3.31 acres at approximately 4,800 feet elevation on the serene backside of the Santa Catalina Mountains. Close to the Oracle Ridge Trail, the Arizona Trail and the zipline. Design elements include a sunken living room with huge picture windows, high ceilings adorned with hand-carved Viga beams, adding a touch of traditional Southwestern charm. The spacious guest suite with a marble-tiled fireplace, bay windows with banco seating, a comfortable sleeping area, and a large bathroom. A 50x30 metal building with 16-foot ceilings offers versatile usage options as a dream garage, studio, or workspace, insulated with two roll-up doors. New electric water heater 2024. Horse property. The property is surrounded by mature oak trees and manzanita, enhancing its natural beauty. Enjoy the fruit of apricot, apple, peach, and pomegranate trees, and cultivate your favorite plants in the expansive garden area. A separate 30x20 carport provides ample space for additional vehicle storage or other needs. This exceptional home combines rustic elegance with modern conveniences, offering a private sanctuary with unparalleled views and abundant outdoor space.

Details

Property type

Single Family Residence

Est. home value

$653,157

Lot size

3.31 acres

Price per sq ft

$258

Year built

1998

Annual property taxes

$4,485

Price History

02/04/2025
MLSSAZ

MLSSAZ #22419770

Price change
$769,000
-3.75%
01/08/2025
MLSSAZ

MLSSAZ #22419770

Price change
$799,000
-1.96%
12/07/2024
MLSSAZ

MLSSAZ #22419770

Price change
$815,000
-5.12%

Schools & Community

Elementary school: 

Mountain Vista

Middle school: 

Mountain Vista

High school: 

Canyon Del Oro

School district: 

Oracle

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

$312,193
Asking price
$769,000
Closing costs (~8% of asking)
-$61,520
Est. remaining loan balance
-$395,287
Cash to seller
$312,193

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

Seller’s Loan History

Lender

Washington Federal Savings

Loan start date

February 2008

Original loan amount

$602,000

Est. remaining balance

$395,287

Interest rate

6.17%

Loan type

Not Provided, 30 year

Seller

Henry S Liers and Joanne K Liers

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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129 South Hobe Road, Oracle, AZ 85623

Status: Active

Tomo last checked: 02/05/2025 at 9:45 AM

Listing updated: 02/04/2025 at 2:45 PM

Listed by: Bonnie Bushey, Bonnie Bushey, Bonnie Bushey, HomeSmart Advantage Group Phone #: (520) 505-3000

MLS: MLSSAZ #22419770

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Recently listed in Oracle