tomo logo

$660,000

Beds
3
Baths
2.0
sq ft
1,939

2524 Old Rim Road, Forest Lakes, AZ 85931

2524 Old Rim Road

Forest Lakes, AZ 85931

  • 127 days on market
    • Price drop $29,900↓
Charming Cabin in Forest Lakes - A Mountain Paradise! Welcome to your dream cabin nestled in the heart of Forest Lakes! This enchanting 3-bedroom, 2-bathroom retreat boasts a large great room with dramatic vaulted ceilings, seamlessly adjoined by a formal dining space featuring a cozy pellet stove. The spacious kitchen is complemented by a large interior laundry room with pantry shelves, providing ample storage and convenience. The cabin's sturdy metal roof and large detached toy garage with a roll-up door and side service door are perfect for housing your side-by-side or boat. Relax and unwind on the expansive covered front patio, surrounded by apple trees laden with fruit, and towering mature blue spruce and Ponderosa pine trees, creating your own private enclave. see more... Equipped with a backup generator and featuring numerous seller-made improvements((see a complete list of seller's improvements below) including foam insulation, new doors to the back patio, and a new 200-amp electric service panel, this cabin is ready for all seasons. Enjoy the proximity to the Sitgreaves National Forest, just a few steps down the trail from your backyard! Forest Lakes, an island in the middle of the forest, is home to the world's largest stand of Ponderosa Pine trees. Residents enjoy a 4-season climate with the best summertime weather, just a scenic 2-hour drive from the Phoenix Valley. Escape the heat and discover the serene beauty of this coveted cabin getaway location. Experience the perfect blend of nature, tranquility, and modern amenities in this exceptional Forest Lakes cabin. Don't miss this rare opportunity to own a piece of mountain paradise! List of Seller's improvements: 2 water heaters replaced 2 years ago New footer around non-concrete foundation with new insulation and sealing done underneath floor All new flooring & carpets New stairs & handrails Foam insulation, drywall and can lighting upstairs New front entry & 2nd bathroom doors Replaced all single pane windows with dual pane Generator purchased 7 years ago (automatic switch) Sealed and foamed connection point between original cabin and add-on Installed linen closet in front bathroom Installed can lighting in dining room/living room area Installed ridge beam & supports Framed out for skylight in 3rd bedroom Replaced window with sliding arcadia door & spray foam leading to backyard Installed pellet stove Grated & pea gravel on driveway 14x20 ATV garage/shed Removed 25 over-crowded trees Removed French doors in Owner's suite & replaced with window & spray foamed wall Ecobee Wi-Fi enabled thermostat & front door monitor

Details

Property type

Single Family Residence

Est. home value

$537,927

Lot size

1.0 acres

Price per sq ft

$341

Year built

1988

Annual property taxes

$2,183

Price History

08/27/2024
ArizonaRegional

ArizonaRegional #6727059

Price change
$660,000
-4.33%
08/03/2024
ArizonaRegional

ArizonaRegional #6727059

Price change
$689,900
-1.43%
07/03/2024
ArizonaRegional

ArizonaRegional #6727059

Listed
$699,900
+179.96%

Schools & Community

Elementary school: 

Out of Maricopa Cnty

Middle school: 

Out of Maricopa Cnty

High school: 

Out of Maricopa Cnty

High school district: 

Out of Area

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

$402,074
Asking price
$660,000
Closing costs (~8% of asking)
-$52,800
Est. remaining loan balance
-$205,126
Cash to seller
$402,074

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

Seller’s Loan History

Lender

Amerifirst Financial Inc

Loan start date

October 2020

Original loan amount

$225,000

Est. remaining balance

$205,126

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Jeffrey Strassner and Vicki Jones

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 9:45 AM

Listing updated: 09/01/2024 at 7:43 PM

Listed by: Charlie Walters, Real Estate Brokers Intl Phone #: (480) 756-0000

MLS: ArizonaRegional #6727059

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