Property SearchContact
OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
primary-1
primary-2primary-3
Active
Active

$3,000,000

($2,354,240 down)
VA

12897 N Tonto Road, Prescott, AZ 86305

3
3
4,786 sqft
PITI Monthly
$4,213.47 /mo

Listing courtesy of: Janelle N Flaherty, Russ Lyon Sotheby's International Realty

Assumed Rate

3.04%
7.15%

Principal & Interest

$3,480 /mo
$5,234 /mo
$85,645 in interest paid off

What's Special

SPACIOUS
COZY
Room to roam, views to love, and space to make your dream lifestyle real. Set in the heart of Prescott, this one-of-a-kind property offers over 35
irrigated acres of flat, usable land—ideal for pasture, riding, and endless Arizona skies. Known as Happy's Dream Ranch, this estate is more than a
place—it's a lifestyle. The equestrian facilities include a 12-stall main barn with generous 12x12 and 12x16 stalls, each with runs, two spacious tack
rooms, wash racks, and a convenient fly spray system to keep your horses comfortable. Additionally there is a lower barn that offers 8 ad... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.04
Remaining Loan Term
20 years, 11 months
Monthly PITI
$4,213.47/mo
Estimated Loan Balance
$862,163
Cash to close
$2,354,240
Interest Paid
$85,645

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: See Remarks, Propane
Features
  • Materials: Vinyl Siding, Wood Frame, Painted, Stone
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Fire Pit, 2 Fireplace, Family Room, Master Bedroom, Gas
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: See Remarks, Other, Wrought Iron, Wood, Wire
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: Yes
  • Carport Spaces: 3
Water
  • Sewer: Septic in & Cnctd, Septic Tank
  • Water Source: Private Well, Onsite Well
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style: Ranch
Materials
  • Vinyl Siding, Wood Frame, Painted, Stone
  • Roof: Composition
Condition
  • Year Built: 2005
Details
  • Builder: Unknown

Community & HOA

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

Financial Details

  • Price per Sqft: $626.83
  • Tax Annual Amount: $5202
  • On Market Date: May 10, 2025
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 $2,354,240 (78%)
You can enter any amount below - secondary financing will cover the difference if needed.
78%
$
0%20%50%

You cover the entire equity of $2,354,240!

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

Loan Breakdown

Assumed Mortgage3.04% Sellers Rate
$645,760
Your Cash:$2,354,240
Total Purchase Price:$3,000,000

Assumed vs Traditional Mortgage

Assumed @ 3.04%
$3,480/mo
Traditional @ 7.15%
$5,409/mo
You save $1,929/month ($23,146/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6864564

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: May 10, 2025 05:50pm

© 2025, Arizona Regional Multiple Listing Service (ARMLS). 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
$85,645 in interest paid off
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 $2,354,240 (78%)
You can enter any amount below - secondary financing will cover the difference if needed.
78%
$
0%20%50%

You cover the entire equity of $2,354,240!

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

Loan Breakdown

Assumed Mortgage3.04% Sellers Rate
$645,760
Your Cash:$2,354,240
Total Purchase Price:$3,000,000

Assumed vs Traditional Mortgage

Assumed @ 3.04%
$3,480/mo
Traditional @ 7.15%
$5,409/mo
You save $1,929/month ($23,146/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Berkshire Hathaway HomeServices California Realty
Agent/Broker
Dave CoreyBerkshire Hathaway HomeServices California Realty(213) 505-2098berkshiresc@fyremail.netMLS
Resources
Apply to Assume
Navigate
BuyersSellersRealtorsBlogsContact
Get in Touch
(213) 505-2098berkshiresc@fyremail.net
Powered By UMe.

© 2025 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 Berkshire Hathaway HomeServices California Realty 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.
May, 17 2025

equal-housing

Berkshire Hathaway HomeServices California Realty © 2025 is committed to and abides by the Fair Housing Act of Equal Opportunity.

Terms and ConditionsPrivacy PolicySitemap

Get Started Now

Discover the power of assumable homes

​
​
​
​
I am a...
​
Who referred you?
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