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$675,185Estimated home value

Beds
3
Baths
2.0
sq ft
2,174

25928 West Ravina Lane, Morristown, AZ 85342

25928 West Ravina Lane

Morristown, AZ 85342

  • Off market
Welcome to your dream horse property on just over 8 acres! This income producing estate has everything you need to make your dreams come true here in AZ. This property has a 6 or 9 horse mare motel, turnouts, 9 additional pens, an arena and 3 RV spots perfect for anyone to train out of or just enjoy with your friends. The barn offers ample stall space with automatic waterers, and hay storage providing everything you need for your horses. Step outside to the professionally maintained arena with sand brought in to make it perfect for any discipline. The home is spacious and has an open floor plan with amazing views from the back patio. It's perfect for entertaining, relaxing and enjoying the Arizona weather. This property is centrally located to shopping, restaurants and all the arenas. It is just 45 minutes to Dynamite Arena in Cave Creek, 50 minutes to Buckeye Equestrian Center and 15 minutes to the Team Roping Capital if the World. Don't miss out on the chance to own your slice of paradise!

Details

Property type

Single Family Residence

Est. home value

$675,185

Lot size

4.34 acres

Price per sq ft

$598

Year built

2008

Annual property taxes

$2,926

Price History

10/05/2024
ArizonaRegional

ArizonaRegional #6691774

Removed
$1,300,000
08/27/2024
ArizonaRegional

ArizonaRegional #6691774

Listed
$1,300,000
06/15/2024
ArizonaRegional

ArizonaRegional #6691774

Pending
$1,300,000

Schools & Community

Elementary school: 

Morristown Elementary School

Middle school: 

Vulture Peak Middle School

High school: 

Wickenburg High School

High school district: 

Wickenburg 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

Putnam County State Bank

Loan start date

December 2022

Original loan amount

$847,500

Est. remaining balance

Not provided

Interest rate

6.94%

Loan type

Future Advance Clause / Open End Mortgage, 3 year

Seller

Jeremy Michaelis and Angela Michaelis

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: Off Market

Tomo last checked: 10/05/2024 at 5:20 PM

Listing updated: 08/26/2024 at 6:13 PM

Listed by: Erin Freeman, Tinzie Realty Phone #: (928) 684-3306

MLS: ArizonaRegional #6691774

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Recently listed in Morristown