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$615,000

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

  • 834 days on market
Welcome to the Ultimate Garage and River Retreat, where possibilities abound! Included is an additional vacant lot with its own separate septic system and water meter. Imagine safeguarding your prized possessions in the impressive 34x60 insulated garage, featuring three automatic doors, built-in storage, a dedicated septic system, and a three-quarter bath. An air-conditioned office or secure room adds to the allure of this remarkable space. Step inside the expansive four-bedroom home, thoughtfully designed with dual master suites one on each level. The modern kitchen flows seamlessly into the dining and living areas, highlighted by a stunning lava rock fireplace that creates a captivating atmosphere. A stairlift enhances accessibility to the upper level, and a hidden safe room beneath the stairs offers an extra layer of security. Every detail has been considered, with three well-appointed bathrooms and an additional bathroom in the garage. Beyond the home, immerse yourself in the perks of this vibrant river community, featuring private beach access, a boat launch, and docks your gateway to endless water adventures. This property truly embodies the pinnacle of value in the River Cities! Note: The seller holds an inactive Arizona Real Estate License and is related to the listing agent.

Details

Property type

Single Family Residence

Est. home value

$531,088

Lot size

0.3402 acres

Price per sq ft

$229

Year built

1981

Annual property taxes

$1,988

Monthly HOA fee

$8.33

Price History

02/27/2025
WARDEX

WARDEX #997871

Price change
$615,000
+17.12%
02/10/2025
WARDEX

WARDEX #997871

Listed
$525,100
01/31/2025
WARDEX

WARDEX #997871

Removed
$525,100

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

$302,528
Asking price
$615,000
Closing costs (~8% of asking)
-$49,200
Est. remaining loan balance
-$263,272
Cash to seller
$302,528

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

$263,272

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: 03/04/2025 at 12:50 AM

Listing updated: 03/01/2025 at 12:21 PM

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

MLS: WARDEX #997871

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