$1,250,000
2627 Old School House Road
Show Low, AZ 85901
MLS# 226606
Status: Closed
5 beds  |  4 baths  |  4568 sqft


2627 Old School House Road, Show Low, AZ 85901
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Property Description
SHUMWAY RANCH Shumway Ranch consists of approximately 321 acres located 10 miles north of Show Low Arizona, just east of Arizona Highway 77. Shumway is a community of irrigated properties located on Silver Creek. The property lies in a secluded valley with the creek running thru the middle of it. Silver Creek is spring fed, flows year-round and irrigates a portion of the property. Paved local roads abut the property on three sides. This beautiful ranch is an isolated island of irrigated meadows and trees. At the same time, it is close to a state highway and major services in the Show Low / Pinetop area including the new regional hospital. It is unique in the area and ideal for a ranch or family retreat. Approximately 175 acres of the property, which is not irrigated, continued

Details
Maps
Location, Taxes & Legal
Street #: 2627
Street Name: Old School House
St Suffix: Road
County: Navajo
State: AZ
Zip Code: 85901
Assessor #: 205-18-004
Additional Parcel Numbers: Yes
Area: Shumway
Directions: Hwy 77 to right on Shumway Rd to School House Rd located on the corner.
Legal: SECTION 25, T12N, R21E:LOTS 3,4,5,6,7 OF J N SMITH SURVEY
Taxes: 2883
Tax Year: 2018
Zoning (Manual): RU-1
Contract Info
Listing Date: 2019-08-25
Status: Closed
Original List Price: 1600000
Listing Price: 1600000
Current Price: $1,250,000
List Price/SqFt: 350.26
Main Fields
Residential Type: Ranch/Farm
Co-Broke: Yes
Co-Broke ($ or %): 2.5%
REO: No
Keywords
Bedrooms: 5
Baths: 4
Basement: Yes
Garage: Yes
Carport: No
Horses: Yes
Fireplace/Woodstove: Fireplace
Trees on Property: Yes
Power Available: Yes
Water Available: Yes
Sewer Available: No
School District: Snowflake
General Prop Info
Aprx # of Acres: 321
Year Built: 1990
Aprx SqFt: 4568
Aprx SqFt Source: Assessor
HOA Y/N: No
Assessments: No
Status Change Info
Status Change Date: 2020-01-08
Sold Date: 2019-12-31
Sold Price/SqFt: 273.64
Garage/Carport
Garage Attached: 2
Property Features
Possession: At COE
Owner Will Sell: Cash; Conventional
Construction: Masonry
Roof: Pitched; Shingle
Utilities Available: APS; Bottled Gas; Irrigation; Private Well; Propane Tank Owned; Septic
Kitchen Features: Built-In Dishwasher; Disposal; Freezer; Pantry; Refrigerator
Laundry: Dryer; Washer
Eating Area: Kitchen/Dining Room Combo
Other Rooms: Arizona Room; Basement; Separate Quarters; Study/Den
Cooling: Central A/C
Heating: Forced Air
Fireplace/Woodstove: Fireplace - 2 or More; In Living Room
Foundation: Stemwall
Floor Covering: Carpet; Tile; Wood
Exterior Features: Barn/Stable; Other Building; Sprinklers; Stalls/Corral; Utility Building
Garage/Carport: Garage Door Opener; Parking Slab
Road Maintenance: County
Property Adjoins: Private
Supplements
is located on a relatively flat mesa that overlooks the valley. The 175-acre property has paved road frontage with water available to the site. APS power lines along the north side of the 175 acres serve a subdivision to the east and may have capacity to serve the 175-acre site. This property is suitable for development and can be purchased separately from the main ranch. IMPROVEMENTS The main house was built in 1990 and is of quality construction. The home features 5 bedrooms, 4 bathrooms and a basement with separate access and cooking facilities. The property also includes a private gate, attached two car garage, large mature trees and irrigated grass around the immediate yard. The managers house is 1,513 square feet built in 1973. In addition, there are two barns on the property of 1,472 and 657 square feet. WATER Approximately 56 acres are flood irrigated directly from Silver Creek through the Silver Creek Irrigation District. All of the irrigation ditches are underground. Water from the irrigation district is normally available from April 1st thru September 30. In addition to the flood irrigated area, an additional 12 acres are sprinklered through two wells registered with irrigation designations. Included in the 12 acres is a pond, located above the level of the creek, that is filled by well and can be used for recreation. The area of irrigation is approximate, has not been surveyed and was calculated from an aerial image. UTILITIES Power is provided by APS Water by individual well There is a water company near the mesa portion of the property and they indicate they have the capacity to serve. Sewer by private septic tanks Propane is available Internet/cable/TV provided by Frontier TAXES AND ZONING The property is currently zoned RU-1 in Navajo County. 2018 property taxes were $2,883 with an agricultural exemption. USES The current owners lease the irrigated ground and use the principal residence as a second home. The ground lease could be continued or a different use established. The ranch manager is willing to stay with the property. The land on the mesa above the ranch is suitable for development as larger parcels with the parcels along the edge of the mesa commanding a premium due to views. The property could easily be split as it has extensive paved road frontage on three sides. ADDRESS AND DESCRIPTION The address of the property is 2627 Old Schoolhouse Road Shumway AZ The Navajo County Assessor indicates the acreage to be 326.44 acres. A recent fence line survey indicates the acreage to be 321.55 acres. PRICE The property is priced at $1.600,000. The 175 acres on the mesa can be purchased separately at $350,000 ($2,000/acre). Seller financing is available. Title company shall be FATCO, Parcel # Acres 2018 Taxes 404-17-015 14.85 $60.72 205-18-004 7.38 $1,989.10 205-18-002A 16.90 $62.42 205-17-006A 3.55 $632.62 404-07-016C 133.78 $ 45.32 404-07-016B 128.98 $ 7.18 404-07-008 21.00 $ 85.84 Totals 326.44 $2,883.20

Listing Office: Arizona Realty - Show Low

Last Updated: September - 14 - 2020

2627 Old School House Road, Show Low, AZ 85901 - MLS# 226606
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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