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$1,395,000

Beds
6
Baths
8.0
sq ft
5,708

816 Fern Way, Show Low, AZ 85901

816 Fern Way

Show Low, AZ 85901

  • 48 days on market
    • Price drop $80,000↓
Your mountain home is waiting for you. This one of a kind 6 bedroom, 8 bath home has enough space for everyone! There are two large main bedrooms, one downstairs and one upstairs with an additional four spacious bedrooms all with attached baths. Two of the bedrooms make great bunk rooms with space to sleep 8. Great to use as a full time residence or for reunions, retreats, vacation, or even short term rental. There are multiple living areas, laundry rooms on both the main level and upstairs, main kitchen downstairs and a kitchenette upstairs, a bonus room that can be used as an office or exercise room, 4 car garage, fenced yard for pets right off the back doors, multiple decks and even an additional parcel which is partially fenced. The second parcel 409-26-030H is included for a total of 4.15 acres, plenty of space to build a barn, corrals, chicken coop, plant a garden or whatever your heart may desire. There is an HOA/Property Owners Association for the road maintenance. This amazing property is just outside of the Show Low city limits within easy distance of hiking trails, fishing, shopping, parks, aquatic center, library, and medical facilities. Some of the furnishings, including the hot tub, can stay with the home. Ask the listing agent for a list of which items could remain with the home.

Details

Property type

Single Family Residence

Est. home value

$1,437,039

Lot size

4.15 acres

Price per sq ft

$245

Year built

2015

Annual property taxes

$7,015

Monthly HOA fee

$42

Price History

07/04/2024
ArizonaRegional

ArizonaRegional #6707343

Price change
$1,395,000
-5.42%
05/18/2024
ArizonaRegional

ArizonaRegional #6707343

Listed
$1,475,000
-6.35%
02/14/2024
ArizonaRegional

ArizonaRegional #6644224

Removed
$1,575,000

Schools & Community

Elementary school: 

Out of Maricopa Cnty

Middle school: 

Out of Maricopa Cnty

High school: 

Out of Maricopa Cnty

High school district: 

Show Low 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

$51,820
Asking price
$1,395,000
Closing costs (~8% of asking)
-$111,600
Est. remaining loan balance
-$1,231,580
Cash to seller
$51,820

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

December 2021

Original loan amount

$1,300,000

Est. remaining balance

$1,231,580

Interest rate

3.09%

Loan type

VA, 30 year

Seller

Christe L Francis

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: 07/05/2024 at 2:35 AM

Listing updated: 07/04/2024 at 10:53 AM

Listed by: Joy Goss, Forest Properties, Inc Phone #: (928) 536-9111

MLS: ArizonaRegional #6707343

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Recently listed in Show Low