tomo logo

$367,000

Beds
2
Baths
2.0
sq ft
864

4918 East Ramada Drive, Prescott, AZ 86301

4918 East Ramada Drive

Prescott, AZ 86301

  • 39 days on market
Nestled in the picturesque four-seasons weather of Prescott, Arizona, this cozy two-bedroom, Two-bathroom gem offers the perfect blend of charm and functionality. Whether you're searching for a serene personal retreat or a lucrative investment property, this delightful home checks all the boxes. Step inside to discover a warm and inviting interior that's been thoughtfully designed to maximize space and comfort. The open living area boasts abundant natural light, highlighting the tasteful furnishings that may convey with the property. The kitchen is fully equipped with modern appliances and ample cabinetry, making meal preparation a breeze. Each bedroom is a tranquil haven, providing a restful space to unwind after a day of exploring Prescott's scenic trails, vibrant downtown, or historic landmarks. The full bathroom is stylish and well-maintained, offering both practicality and comfort. Outside, the property features a quaint patio area perfect for enjoying Arizona's mild climate and stargazing under the clear Prescott skies. Mature landscaping adds to the home's curb appeal, while the low-maintenance yard ensures easy upkeep. Currently operating as a successful AirBnB rental, this home is a proven income generator with excellent reviews and a steady flow of bookings. Its prime location in a quiet, friendly neighborhood is just minutes from Prescott's top attractions, making it a sought-after destination for visitors year-round. Don't miss this rare opportunity to own a charming home in the heart of the cool weather of Prescott. Whether you're looking to continue its rental legacy or enjoy it as your own getaway, this property is a true treasure!

Details

Property type

Single Family Residence

Est. home value

$301,571

Lot size

6,970 sq ft

Price per sq ft

$425

Year built

1983

Annual property taxes

$929

HOA

No

Price History

01/31/2025
ArizonaRegional

ArizonaRegional #6812113

Listed
$367,000
+30.14%
01/11/2022
PrescottAZ

PrescottAZ #1043210

Sold
$282,000
+106.59%
09/07/2017
PrescottAZ

PrescottAZ #1003829

Sold
$136,500

Schools & Community

Elementary school: 

Lincoln Elementary School

Middle school: 

Prescott Mile High Middle School

High school: 

Prescott High School

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

$87,759
Asking price
$367,000
Closing costs (~8% of asking)
-$29,360
Est. remaining loan balance
-$249,881
Cash to seller
$87,759

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

Seller’s Loan History

Lender

Sun West Mortgage Company Inc

Loan start date

January 2022

Original loan amount

$267,900

Est. remaining balance

$249,881

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Luis A Reyna and Maria D Gaona

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: 03/11/2025 at 9:00 PM

Listing updated: 03/09/2025 at 1:43 PM

Listed by: Carlos A. Cicero, West USA Realty Phone #: (602) 942-4200

MLS: ArizonaRegional #6812113

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