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$1,159,900

Beds
3
Baths
2.5
sq ft
2,490

3100 East Oak Hill Drive, Prescott, AZ 86303

3100 East Oak Hill Drive

Prescott, AZ 86303

  • 101 days on market
    • Price drop $38,600↓
Nestled amidst the serene beauty of fragrant pines, this expansive log cabin presents a luxurious retreat just moments away from the historic charm of downtown Prescott. Boasting 2,981 square feet of living space, this home is a dream come true for those in search of an idyllic sanctuary that can entertain the whole family with ease and elegance. A grand 3 bedroom, 2.5 bathroom cabin that combines rugged log construction with upscale amenities. A dream kitchen equipped with a double oven, high-end stainless steel appliances, an oversized island, and a large pantry for all your storage needs. Gather around a wood-burning fireplace or enjoy the convenience of a second kitchenette nestled in a spacious communal area downstairs. Unwind on the expansive deck and soak in the stunning natural vistas that envelope this private retreat. A heated and air-conditioned 491 sqft bunkhouse sits above a large 2-car detached garage, providing a versatile space for guests or activities. Equipped with a 30 amp electrical box, this property is ready to accommodate your RV adventures. Enjoy peace of mind with voluntary road maintenance, including grading and snow plowing, by the Spruce Mountain Road Maintenance Association (annual contribution suggested but not mandatory). Created with both luxury and functionality in mind, this log cabin is an exceptional property that promises comfort, enjoyment, and a connection with nature. It's not just a home, it's a dreamy way of life where memories are waiting to be made!

Details

Property type

Single Family Residence

Est. home value

$947,397

Lot size

0.89 acres

Price per sq ft

$466

Year built

2016

Annual property taxes

$5,204

Price History

06/13/2024
ArizonaRegional

ArizonaRegional #6680861

Price change
$1,159,900
-3.22%
05/23/2024
ArizonaRegional

ArizonaRegional #6680861

Price change
$1,198,500
-1.36%
03/22/2024
ArizonaRegional

ArizonaRegional #6680861

Listed
$1,215,000
+27.89%

Schools & Community

Elementary school: 

Out of Maricopa Cnty

Middle school: 

Out of Maricopa Cnty

High school: 

Out of Maricopa Cnty

High school district: 

Prescott 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

$369,124
Asking price
$1,159,900
Closing costs (~8% of asking)
-$92,792
Est. remaining loan balance
-$697,984
Cash to seller
$369,124

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

Seller’s Loan History

Lender

Nfm Lending

Loan start date

July 2022

Original loan amount

$718,412

Est. remaining balance

$697,984

Interest rate

5.1%

Loan type

VA, 30 year

Seller

Michael Mccormack and Bobbi Mccormack

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: 07/02/2024 at 9:40 AM

Listing updated: 06/13/2024 at 9:33 AM

Listed by: DJ Sheridan, Realty Executives Arizona Territory Phone #: (520) 207-0903

MLS: ArizonaRegional #6680861

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