150578 Arizona Street, Big River, California 92242, Big River, 92242 - 4 bed, 4 bath
ACTIVE$325,000
150578 Arizona Street, Big River, California 92242
4Beds
4Baths
2,722Sqft
22,751.391Lot
Price Vs. Estimate
The estimated value ($325,000) is $0 (0%) lower than the list price ($325,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Recreational Location: Situated near the Colorado River and a Community Services District Park offering launch ramps, recreational areas, and dining, ideal for outdoor enthusiasts.
Top Cons:
Leased Land with Renegotiation Risk: Located on Indian Reservation leased land, with the lease due for renegotiation in 2029, presenting potential uncertainty regarding future terms and costs.
Compared to the nearby listings
Price:$325.0K vs avg $85.0K (+$240,000)80%
Size:2,722 sqft vs avg 1,137 sqft80%
Price/sqft:$119 vs avg $7360%
More Insights
Built in 1972 (53 years old).
Condition: Built in 1972, this property is over 50 years old. While the kitchen features updated stainless steel appliances, the cabinets and backsplash appear dated, likely from a renovation 15-25 years ago. The bathrooms are significantly outdated with older vanities, fixtures, and tile work. Flooring is a mix of worn carpet, older tile, and some newer laminate. The property is functional and appears maintained, but requires substantial cosmetic updates throughout, particularly in the bathrooms and other living areas, to meet current standards.
Year Built
1972
Close
-
List price
$325K
Original List price
$285K
Price/Sqft
$119
HOA
-
Days on market
-
Sold On
-
MLS number
HD25199591
Home ConditionFair
Features
Excellent View: Desert, Mountain(s), Neighborhood
ViewDesert, Mountain(s), Neighborhood
About this home
Lovely Spanish style home located near the Colorado River and 6 miles from Parker, AZ. Close to the Community Services District Park that has recreactional areas, park tables, BBQs, launch ramps and a resturant. The home has a very large Bonus Room with a private entrance. The garage can house 4 vehicles/recreational vehicles.This home is on the Indian Reservation and is on leased land. The lease is only $87/year. Lease will be renegotiated in 2029. Only cash offers as per Indian regulations.
Condition Rating
Fair
Built in 1972, this property is over 50 years old. While the kitchen features updated stainless steel appliances, the cabinets and backsplash appear dated, likely from a renovation 15-25 years ago. The bathrooms are significantly outdated with older vanities, fixtures, and tile work. Flooring is a mix of worn carpet, older tile, and some newer laminate. The property is functional and appears maintained, but requires substantial cosmetic updates throughout, particularly in the bathrooms and other living areas, to meet current standards.
Pros & Cons
Pros
Prime Recreational Location: Situated near the Colorado River and a Community Services District Park offering launch ramps, recreational areas, and dining, ideal for outdoor enthusiasts.
Flexible Living & Income Potential: Features a very large bonus room with a private entrance, perfect for a guest suite, home office, or potential rental income.
Extensive Vehicle/RV Storage: A spacious garage accommodating up to 4 vehicles or recreational vehicles, catering to a lifestyle requiring ample storage for outdoor gear.
Attractive Design & Views: A charming Spanish-style home offering desirable desert, mountain, and neighborhood views.
Remarkably Low Land Lease: The current annual land lease of only $87 is exceptionally low, providing a significant cost advantage for ongoing property expenses.
Cons
Leased Land with Renegotiation Risk: Located on Indian Reservation leased land, with the lease due for renegotiation in 2029, presenting potential uncertainty regarding future terms and costs.
Cash-Only Purchase Requirement: Indian regulations mandate cash offers, severely limiting the buyer pool and potentially affecting marketability and financing options.
Property Age & Potential Updates: Built in 1972, the home is over 50 years old, which may necessitate future investments in system upgrades or general modernization.