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$1,949,000

Beds
4
Baths
4.0
sq ft
4,477

1705 East Desert Mimosa Drive, Payson, AZ 85541

1705 East Desert Mimosa Drive

Payson, AZ 85541

  • 98 days on market
    • Price drop $50,999↓
Stately and magnificent, this mountain home features a charming guest casita adjacent to a welcoming courtyard. The main home boasts post and beam construction, vaulted wood ceilings, and Venetian plaster walls. The elegant master bedroom is complemented by an office with custom built-in cabinetry and shelving. The spacious lower level includes a guest bedroom and a wine cellar, perfect for hosting visitors. Designer touches abound in this unique home, with custom cabinets, hardwood flooring, slate flooring, and a sound system that spans the entire house. The private courtyard, enclosed by stone walls, features a fountain and an outdoor gas fireplace with its own sitting area, creating a perfect space for relaxation. Further enhancements include an additional patio area with a built-in BBQ and fire pit, ideal for entertaining guests and family while enjoying the crisp mountain air and panoramic views of the majestic Mogollon Rim. This home seamlessly blends luxury with the natural beauty of its surroundings. A NEW CONCRETE TILE ROOF WAS JUST INSTALLED IN SEPT!

Details

Property type

Single Family Residence

Est. home value

$1,588,336

Lot size

0.95 acres

Price per sq ft

$436

Year built

2006

Annual property taxes

$8,662

Monthly HOA fee

$177.33

Price History

10/03/2024
ArizonaRegional

ArizonaRegional #6738346

Price change
$1,949,000
-2.55%
09/06/2024
ArizonaRegional

ArizonaRegional #6738346

Price change
$1,999,999
-4.76%
08/01/2024
ArizonaRegional

ArizonaRegional #6738346

Listed
$2,100,000
+27.27%

Schools & Community

Elementary school: 

Out of Maricopa Cnty

Middle school: 

Out of Maricopa Cnty

High school: 

Out of Maricopa Cnty

Community features: 

Gated, Golf, Tennis Court(s), Playground, Clubhouse, Fitness Center

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

Finance Of America Mortgage Llc

Loan start date

August 2022

Original loan amount

$2,775,000

Est. remaining balance

Not provided

Interest rate

5.7%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Ronald R Hansen and Nancy C Hansen

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: 11/08/2024 at 7:05 AM

Listing updated: 10/03/2024 at 5:59 AM

Listed by: Suzy Tubbs, ERA-Young Realty & Investment Phone #: (928) 474-4554

MLS: ArizonaRegional #6738346

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