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$700,000

Beds
4
Baths
4.0
sq ft
1,826

2925 West Ridge Road, Chino Valley, AZ 86323

2925 West Ridge Road

Chino Valley, AZ 86323

  • 147 days on market
    • Price drop $12,000↓
Here we have a total of 2434 Square Feet of Livable Space with 4Bedrooms, 4Bathrooms, 4CarGarage....Starting with 2 Bedrooms in 1826 sf Quality LOG CABIN Construction, 288 Square Foot Guest House above 4 Car Garage, plus 320 Square Foot ''Bunk House'' all placed on 6 splitable acres in a very Private Setting... BACKING STATE TRUST LAND!!! Home has wrap around Trex Veranda/Covered Deck, Beamed Ceilings, Ceiling Fans, Wood Laminate & Carpet flooring, Custom Lighting, Arizona Room, & Freestanding Gas Stove w/Blower. NEW Knotty Hickory Kitchen Cabinetry, Butcher Block countertops, Island, NEW White Kitchen aid Appliances, including Refurbished Antique Gas Stove, Eat-In Kitchen area, Pantry, & Pot Rack. Large Master on Upper Floor with Beamed Ceilings, Large Claw foot Tub w/shower attachment, Single Sink on Granite, & has multiple Closets. Guest Bath in Main House has NEW Lg Tiled Shower w/glass doors... Guest Casita has Screened in Deck/Porch, one Bedroom, Knotty Hickory Cabinetry, Laminate Countertops, Fabulous Kitchenette, ¾ Bath (Sink, Toilet, Shower).... Bunk House (unpermitted) has one Bedroom, 3/4 Bath, Slate Tile & Wood Laminate for flooring, Gorgeous Kitchenette, & a Covered Trex Deck. Additional details include...NEW Roof on Main Cabin, Steel Roofs on Outbuildings, NEW Water Heater, Large Laundry with Upper Cabinetry and Storage, Corral w/Shade, Chicken Coop, 75 Fruit Trees (Almond, Apricot, Cherry, Apple, Pear, Fig, Pomegranate, & Grape Vines), & Security Cameras. WELL is 20 GPM shared well with neighbor, has new Submersible Pump, w/Storage Tank. Guest House and Bunk House produce $2500/Month as Rentals.....

Details

Property type

Single Family Residence

Est. home value

$578,055

Lot size

5.98 acres

Price per sq ft

$384

Year built

1986

Annual property taxes

$2,398

Price History

10/01/2024
ArizonaRegional

ArizonaRegional #6724763

Price change
$700,000
-1.69%
07/29/2024
ArizonaRegional

ArizonaRegional #6724763

Price change
$712,000
-0.42%
06/27/2024
ArizonaRegional

ArizonaRegional #6724763

Listed
$715,000
+109.06%

Schools & Community

Elementary school: 

Out of Maricopa Cnty

Middle school: 

Out of Maricopa Cnty

High school: 

Out of Maricopa Cnty

High school district: 

Chino Valley 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

$336,386
Asking price
$700,000
Closing costs (~8% of asking)
-$56,000
Est. remaining loan balance
-$307,614
Cash to seller
$336,386

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

Seller’s Loan History

Lender

Union Home Mortgage Corp

Loan start date

February 2022

Original loan amount

$326,500

Est. remaining balance

$307,614

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

Laura Sue Clark

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: 11/22/2024 at 12:35 PM

Listing updated: 10/29/2024 at 10:35 AM

Listed by: Paul E Schneider, RMA-Mountain Properties Phone #: (928) 778-1000

MLS: ArizonaRegional #6724763

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