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$500,000

Beds
2
Baths
1.0
sq ft
1,232

2092 East Lance Drive, Payson, AZ 85541

2092 East Lance Drive

Payson, AZ 85541

  • 66 days on market
Welcome to Elk Surprise Hillside Hideaway, a modern rustic log home that combines luxury with comfort in a peaceful, remote setting—yet offers easy year-round access to town. This turnkey property offers breathtaking mountain views, fresh air, and numerous high-end amenities, making it a perfect getaway or a vacation rental. The home's open floor plan creates an ideal space for gatherings, while every room boasts stunning views. Modern rustic design details include Knotty Pine ceilings, rustic stained concrete floors, cherry cabinetry, granite countertops, and a large kitchen island. The master suite features a travertine walk-in shower, dual vanities, and private toilet room. Outdoors, enjoy 900+ sqft of multilevel deck space, perfect for relaxing and taking in the natural beauty. Upgrades include a 5-stage rainwater purification system, central HVAC (2019), and a new water heater (2016). Fully furnished and equipped for vacation rental success, this property offers exceptional value with both luxury and charm. Please note that the sale of this home is contingent upon the Buyer's purchase of the adjacent lot at 2088 E Lance Dr. MLS#

Details

Property type

Single Family Residence

Est. home value

$435,999

Lot size

0.52 acres

Price per sq ft

$406

Year built

2008

Annual property taxes

$2,662

Price History

10/18/2024
ArizonaRegional

ArizonaRegional #6772939

Listed
$500,000
+56.25%
09/11/2020
ArizonaRegional

ArizonaRegional #6086318

Sold
$320,000

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

$205,258
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$254,742
Cash to seller
$205,258

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

August 2020

Original loan amount

$280,800

Est. remaining balance

$254,742

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

Daniel Aaron Covington and Alexis Elizabeth Zraket

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: 12/23/2024 at 8:30 PM

Listing updated: 10/19/2024 at 5:50 PM

Listed by: Mark Lester, ARRT of Real Estate Phone #: (480) 300-7776

MLS: ArizonaRegional #6772939

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