Laura Jewett

Laura Jewett

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Closed

$3,000,000

($2,337,850 down)
VA

12897 N Tonto Road, Prescott, AZ 86305

3
3
3,586 sqft
PITI Monthly
$4,106.55 /mo

Listing courtesy of: Gwen Holloway, Realty ONE Group Mt Desert

Assumed Rate

3.04%
7.15%

Principal & Interest

$3,480 /mo
$5,234 /mo

What's Special

MODERN

Less than 25 miles from downtown Prescott, AZ awaits a truly special equestrian treasure - Happy's Dream Ranch. Designed for the pleasure of humans and horses alike, this beautiful property set in Long Meadow Ranch features a warm yet elegant modern 3586 sqft. farmhouse with a 1-car attached, and 2-car detached garage. Beyond the home, the property includes a hay barn w/ bunkhouse, a tiny home, and two airy barns with tack rooms and a total of 20 stalls. Perimeter fenced and cross fenced, there is ample room to train, ride, and run on the magnificent 36.46 acre property - including in a 120' x 240' arena, and an electric Eurociser. With a backdrop of majestic Granite Mountain and stunning 360 degree sweeping views, Happy's Dream Ranch provides the quintessential Arizona ranch lifestyle!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.04
Remaining Loan Term
21 years, 0 months
Monthly PITI
$4,106.55/mo
Estimated Loan Balance
$877,397
Cash to close
$2,337,850
Interest Paid
$84,004

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air Gas, Propane, Zoned
Features
  • Materials: Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 1
  • Home type: Site Built Single Family
  • Architectural Style: Contemporary, Ranch
Materials
  • Wood Frame
  • Roof: Composition
Condition
  • Year Built: 2000
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Long Meadow Ranch
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $700
  • HOA Frequency: $Annually
Location
  • Region: Prescott

Financial Details

  • Price per Sqft: $836.59
  • Tax Annual Amount: $4919
  • On Market Date: 2023-08-27T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $2,337,850 (78%)
You can enter any amount below - secondary financing will cover the difference if needed.
78%
$

You cover the entire equity of $2,337,850!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.04% Sellers Rate
$662,150
Your Cash:$2,337,850
Total Purchase Price:$3,000,000

Assumed vs Traditional Mortgage

Assumed @ 3.04%
$3,480/mo
Traditional @ 7.5%
$5,409/mo
You save $1,929/month ($23,146/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PAR1058758

Listing From: paar

Last updated: 2025-03-24T03:19:21.000Z

© , paar. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

3.04%
7.15%

Principal & Interest

$3,480 /mo
$5,234 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $2,337,850 (78%)
You can enter any amount below - secondary financing will cover the difference if needed.
78%
$

You cover the entire equity of $2,337,850!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.04% Sellers Rate
$662,150
Your Cash:$2,337,850
Total Purchase Price:$3,000,000

Assumed vs Traditional Mortgage

Assumed @ 3.04%
$3,480/mo
Traditional @ 7.5%
$5,409/mo
You save $1,929/month ($23,146/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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