tomo logo

$525,000

Beds
4
Baths
3.5
sq ft
2,686

7858 South Teal Street, Mohave Valley, AZ 86440

7858 South Teal Street

Mohave Valley, AZ 86440

  • 734 days on market
    • Price drop $95,000↓
Take a look at the video link for a personalized tour of the property. A spacious four-bedroom layout with two master suites, one on each floor. The large kitchen is modern and updated, complementing the dining room and living room, which includes a fireplace with a lava rock surround. The upstairs suites are accessible via a stair lift, and there's a safe room cleverly situated under the staircase. The home has three bathrooms and an additional one in the 34x60 fully insulated garage, which also features three automatic doors, a separate septic system, a 3/4 bathroom, built-in cabinets, and ample space for all your belongings. Situated near the Colorado River, the community offers access to a launch, docks, and a private beach. This is truly the best overall value in the river cities. The seller is an inactive AZ Licensee and related to the Listing Agent

Details

Property type

Single Family Residence

Est. home value

$531,088

Lot size

9,583 sq ft

Price per sq ft

$196

Year built

1981

Annual property taxes

$1,988

Monthly HOA fee

$8.33

Price History

10/22/2024
WARDEX

WARDEX #997871

Price change
$525,000
-15.32%
03/22/2024
WARDEX

WARDEX #997871

Price change
$620,000
-0.8%
11/21/2022
WARDEX

WARDEX #997871

Listed
$625,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse

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

$217,430
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$265,570
Cash to seller
$217,430

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

March 2021

Original loan amount

$289,000

Est. remaining balance

$265,570

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Christine S Summitt

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: 11/23/2024 at 8:20 PM

Listing updated: 10/21/2024 at 9:31 PM

Listed by: Karen Summitt, Summitts River Realty Phone #: (928) 768-6622

MLS: WARDEX #997871

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