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$1,244,000

Beds
5
Baths
4.5
sq ft
4,344

9116 South Rainbow Road, Buckeye, AZ 85326

9116 South Rainbow Road

Buckeye, AZ 85326

  • 91 days on market
    • Price drop $5,000↓
Welcome to your dream home! This stunning residence, boasting over 4,300 square feet of luxurious living space, is nestled on 1.99 acres in the charming and rapidly growing area of Buckeye. Surrounded by serene farmlands, this beautifully remodeled home offers both luxury and comfort. . Experience the best of both worlds with tranquil country living just minutes from all the conveniences you need With five spacious bedrooms and four and a half bathrooms, there's plenty of room for everyone. The large, contemporary kitchen features brand-new appliances, dual islands with separate sinks, and an expansive walk-in pantry, making it a perfect spot for cooking and gathering. You'll find three master suites, including a luxurious primary suite with a garden tub, walk-in shower, expansive bedroom, and dual walk-in closets. The home also includes an oversized three-car garage and a movie theater abovean ideal retreat for movie nights or entertaining friends and family. The theater features a 165-inch screen, 4K projector with 3D capabilities, Dolby Atmos surround sound, riser seating, and plush carpet. Savor your own private movie experience without the overpriced popcorn! Enjoy the cool breeze from the 72-inch ceiling fans throughout the house, and take in the breathtaking mountain views from the huge by large windows in the formal dining and living rooms. Additionally, dual 5 ton A/C units and a separate mini-split system for the theater ensure year-round comfort. For horse lovers, this property is a true gem. It features a 120x100-foot fenced turnout area, ten covered stalls (each 20x20 feet), and a spacious breezeway. The nearby Buckeye Equestrian Center and Bales Hay Sales make it convenient to care for your thoroughbred companions. The irrigated grounds with private well promise lush, green grass, with no exorbitant costs and the large back patio is perfect for enjoying sunny days with loved ones. One of the standout features of this property is the absence of an HOA, allowing you the freedom to fully enjoy and personalize your space without additional restrictions or fees. This unique combination offers the perfect setting for you to create your ideal lifestyle on your own terms. Priced to sell, this home offers incredible value, with a per-foot cost comparable to smaller properties in the area. Here's your chance to own one of the largest and most beautiful homes aroundand get an extra acre for free! This has been our cherished family home, and while we're ready to downsize, we hope you'll create as many wonderful memories here as we have.

Details

Property type

Single Family Residence

Est. home value

$885,344

Lot size

1.99 acres

Price per sq ft

$287

Year built

2007

Annual property taxes

$5,230

Price History

11/12/2024
ArizonaRegional

ArizonaRegional #6748081

Price change
$1,244,000
-0.4%
09/05/2024
ArizonaRegional

ArizonaRegional #6748081

Price change
$1,249,000
-3.85%
08/24/2024
ArizonaRegional

ArizonaRegional #6748081

Listed
$1,299,000
+188.67%

Schools & Community

Elementary school: 

Burk Elementary School

Middle school: 

Buckeye Elementary School

High school: 

Buckeye Union High School

High school district: 

Buckeye Union High School 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

$782,576
Asking price
$1,244,000
Closing costs (~8% of asking)
-$99,520
Est. remaining loan balance
-$361,904
Cash to seller
$782,576

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

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

July 2017

Original loan amount

$424,100

Est. remaining balance

$361,904

Interest rate

4.02%

Loan type

New Conventional, 30 year

Seller

Jimmy L Carpenter Jr

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?

Status: Active

Tomo last checked: 11/23/2024 at 5:05 AM

Listing updated: 11/13/2024 at 9:30 AM

Listed by: Thomas A Mastromatto, Mountain Lake Realty Phone #: (602) 888-7073

MLS: ArizonaRegional #6748081

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