tomo logo

$610,000

Beds
1
Baths
1.0
sq ft
600

40 Omega Lane, Elgin, AZ 85611

40 Omega Lane

Elgin, AZ 85611

  • 13 days on market
Have you ever dreamed of living in wine country and owning your own vineyard? If so, this is the place for you! With 13.65 acres, you are surrounded by rural and mountain views. There is a 600sq ft Casita that's perfect to call home or to rent out short term! The Casita is nestled in the middle of 2 acres of established Vines with infrastructure ready to plant 1 more acre. The casita is currently being rented short term at 80% annual occupancy. The Casita Includes stainless steel appliances and 2 mini-splits installed in 2024. It comes turn-key ready. There is plenty of space to build your dream home while continuing to rent out the casita for supplimental income. Schedule an exclusive showing today to make this property, your own private label! Owner/Agent

Details

Property type

Single Family Residence

Est. home value

$292,906

Lot size

13.65 acres

Price per sq ft

$1,017

Year built

2010

Annual property taxes

$1,628.16

Price History

02/12/2025
MLSSAZ

MLSSAZ #22504323

Listed
$610,000

Schools & Community

Elementary school: 

Elgin Elementary

Middle school: 

Elgin

High school: 

Patagonia Union High School

School district: 

Elgin

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

$297,090
Asking price
$610,000
Closing costs (~8% of asking)
-$48,800
Est. remaining loan balance
-$264,110
Cash to seller
$297,090

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

Seller’s Loan History

Lender

Moria Development Inc

Loan start date

April 2023

Original loan amount

$269,989

Est. remaining balance

$264,110

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Chad Grimes and Shanna Brock

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: 02/25/2025 at 7:00 PM

Listing updated: 02/14/2025 at 9:30 AM

Listed by: Shanna Brock, Shanna Brock, Real Broker Phone #: (602) 755-3415

MLS: MLSSAZ #22504323

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