tomo logo

$699,000

Beds
4
Baths
2.0
sq ft
2,000

48040 North 15th Avenue, New River, AZ 85087

48040 North 15th Avenue

New River, AZ 85087

  • 77 days on market
    • Price drop $26,000↓
Wow! 2.27 unrestricted acres and a Private Well. Are you looking for a little extra space to enjoy your freedom? Quick access to public lands for endless miles of hiking and riding? This lovely 4/2 sits on a double-sized lot with unlimited potential. Sip iced tea on the front porch. Enjoy the scenery of the Sonoran Desert. Did we mention there's lots of space to entertain? Main house boasts new flooring, split floor plan, wood fireplace, extended porch. Create your own space within the 2nd building built of stone. Keep your favorites toys out of the sun in the 2car detached garage. Property gated and fenced plus fenced dog run. Rural living within 30 minutes of modern amenities. Close to public land and Larkyn Arena. Own your water rights! Welcome home.

Details

Property type

Single Family Residence

Est. home value

$536,871

Lot size

2.27 acres

Price per sq ft

$350

Year built

1962

Annual property taxes

$2,286

Price History

05/23/2024
ArizonaRegional

ArizonaRegional #6693251

Price change
$699,000
-3.59%
04/18/2024
ArizonaRegional

ArizonaRegional #6693251

Listed
$725,000
+150%
04/26/2017
ArizonaRegional

ArizonaRegional #5579502

Sold
$290,000

Schools & Community

Elementary school: 

New River Elementary School

Middle school: 

Gavilan Peak Elementary

High school: 

Boulder Creek High School

High school district: 

Deer 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

$397,212
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$245,868
Cash to seller
$397,212

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

Seller’s Loan History

Lender

Homeowners Financial Group Usa Llc

Loan start date

May 2020

Original loan amount

$267,500

Est. remaining balance

$245,868

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

Matthew C Cahoon and Jenny E Cahoon

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?

Similar Homes Nearby

Pending
ArizonaRegional
$599,995
4 bd
|
2 ba
|
1,760 sq ft
|
House

45427 North 14th Street, New River, AZ 85087

Price drop
ArizonaRegional
$610,000
4 bd
|
2 ba
|
1,990 sq ft
|
House

2342 West Lazy G Ranch Road, New River, AZ 85087

Price drop
ArizonaRegional
$749,999
4 bd
|
2 ba
|
2,547 sq ft
|
House

2927 West Sousa Drive, Phoenix, AZ 85086

Status: Active

Tomo last checked: 07/04/2024 at 10:45 PM

Listing updated: 06/27/2024 at 12:03 AM

Listed by: Christy Wulbrecht, Good Oak Real Estate Phone #: (480) 539-4775

MLS: ArizonaRegional #6693251

ArizonaRegional logo