tomo logo

$479,000

Beds
3
Baths
2.0
sq ft
1,992

1400 West Lake Drive, Payson, AZ 85541

1400 West Lake Drive

Payson, AZ 85541

  • 200 days on market
    • Price drop $50,000↓
''Golf course view surrounded by huge trees from every direction. Built in 1980, this home has been updated yet some original qualities were kept to keep the homes true charm. All new in 2023/2024 flooring, interior paint, roof, refrigerator and dishwasher as well as 3 updated trex decks to enjoy the views and those nice summer Payson nights. This geo-dome style home offers an open concept with a large kitchen, dining, and 2 living spaces one featuring a fireplace. Windows from every direction lets you enjoy both the golf course views and yet feel like you are in the middle of the forest with all the tall established trees. Downstairs includes 2 bedrooms and dual vanity bathroom, laundry room with large pantry. Upstairs includes a large landing, master bedroom with 2 closets and a dual vanity bathroom. There is a detached carport with attached large storage room that could be converted to any use."

Details

Property type

Single Family Residence

Est. home value

$378,245

Lot size

0.39 acres

Price per sq ft

$241

Year built

1980

Annual property taxes

$1,524

Price History

10/29/2024
ArizonaRegional

ArizonaRegional #6716197

Price change
$479,000
-9.45%
08/15/2024
ArizonaRegional

ArizonaRegional #6716197

Price change
$529,000
-3.64%
07/12/2024
ArizonaRegional

ArizonaRegional #6716197

Price change
$549,000
-1.96%

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

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

$101,312
Asking price
$479,000
Closing costs (~8% of asking)
-$38,320
Est. remaining loan balance
-$339,368
Cash to seller
$101,312

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

Seller’s Loan History

Lender

Moria Development Inc

Loan start date

December 2022

Original loan amount

$346,750

Est. remaining balance

$339,368

Interest rate

6.94%

Loan type

New Conventional, 30 year

Seller

Stephanie Ritter

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?

Similar Homes Nearby

Price drop
ArizonaRegional
$469,000
3 bd
|
2 ba
|
1,412 sq ft
|
House

715 West Sherwood Drive, Payson, AZ 85541

Price drop
ArizonaRegional
$519,000
3 bd
|
2 ba
|
2,407 sq ft
|
House

471 North Skunk Hollow Lane, Payson, AZ 85541

Price drop
ArizonaRegional
$530,000
3 bd
|
2 ba
|
1,720 sq ft
|
House

603 East Reno Ridge Circle, Payson, AZ 85541

Status: Active

Tomo last checked: 12/25/2024 at 9:25 AM

Listing updated: 11/27/2024 at 9:00 AM

Listed by: Stephanie Ritter, RealtyONEGroup Mountain Desert Phone #: (928) 774-3392

MLS: ArizonaRegional #6716197

ArizonaRegional logo

Recently listed in Payson