$135,000
SOLD SEP 28, 2016

1001 W Colt Dr Payson, AZ 85541

3 Beds
3 Baths
1,688 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

12% Below List Price

154 Days on Market

Highlights

  • 1 Fireplace
  • Eat-In Kitchen
  • Carpet
  • No HOA
  • Evaporated cooling system
  • Heating System Uses Natural Gas

About This Home

As of September 2016

This Spacious Home has Unique floor-plan and much more to offer! Front entrance welcomes you with beautiful Hardwood floors and Chandelier Dining Area. The Kitchen is open and spacious with plenty of cabinet space, Flat Range Electric Stove and Dishwasher. The Bedrooms are spacious with soft clean & plush carpeting and plenty of Closet Space. The Living Room is Spacious with plenty of Windows capturing natural sunlight, giving that open airy feel!Also Cozy up to the fireplace on a chilly night if needed! Double Entry leading to the spacious backyard, and one side has enclosed Lattice Arizona Room! Plenty of Room for Gardening and entertaining with a Summertime BBQ! Great features to this Home to make it yours! Hurry! Call this Home! This will not last long!Come take a look at this today

Last Agent to Sell the Property

Tamra Lee Ulmer

Arizona Resource Realty License #BR518926000 Listed on: 02/25/2016

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $270

Year Built

  • Built in 1986

Lot Details

  • 6,098 Sq Ft Lot
  • Desert faces the front of the property
  • Chain Link Fence

Parking

  • 2 Carport Spaces

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,688 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Schools

  • Out Of Maricopa Cnty Elementary And Middle School
  • Out Of Maricopa Cnty High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Payson Ranchos 1 4 Subdivision

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 302-36-502

Home Details

Home Type

Single Family

Est. Annual Taxes

$270

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1986
  • Tax Year: 2016
  • Directions: From E. Hwy. 87, Left onto Airport Road, Right onto N. McLane, Left onto W. Saddle, Right to Saddle Blanket, onto W. Colt Drive in Payson Ranchos.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: Payson Ranchos 1-4
  • Property Attached Yn: No
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 1688.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Natural Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Painted
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Out of Maricopa Cnty
  • High School: Out of Maricopa Cnty
  • Middle Or Junior School: Out of Maricopa Cnty

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.0
  • Parcel #: 302-36-502

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 269.64
  • Tax Book Number: 302.00
  • Tax Lot: 70
  • Tax Map Number: 36.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2016
Closed on
Sep 29, 2016
Sold by
Fannie Mae
Bought by
Mitchell Cynthia R
Seller's Agent
Tamra Lee Ulmer
Arizona Resource Realty
Buyer's Agent
BOARD NON
Aspen Properties, Inc. - Pinetop
Sold Price
$135,000
Current Estimated Value
$390,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,209
Avg. Annual Appreciation
12.80%
Original Mortgage
$128,250
Outstanding Balance
$104,093
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$291,580

Purchase Details

Closed on
Jan 7, 2016
Sold by
Banks James A and Banks Cynthia A
Bought by
Federal National Mortgage Association and Fannie Mae
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $135,000 Lawyers Title Company
Trustee Deed $168,000 Great American Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Credit Line Revolving
Closed $12,000 Credit Line Revolving
Open $128,250 New Conventional
Previous Owner $334,875 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $135,000 0.0% $80 / Sq Ft
09/28/2016 09/28/16 Sold $135,000 0.0% $80 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
07/01/2016 07/01/16 Price Changed $135,000 -12.3% $80 / Sq Ft
02/25/2016 02/25/16 For Sale $154,000 -- $91 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,408 -- -- --
2024 $1,408 $30,018 $2,969 $27,049
2023 $1,408 $26,080 $3,080 $23,000
2022 $1,361 $18,203 $3,080 $15,123
2021 $1,280 $18,203 $3,080 $15,123
2020 $1,224 $0 $0 $0
2019 $1,186 $0 $0 $0
2018 $1,110 $0 $0 $0
2017 $1,033 $0 $0 $0
2016 $1,182 $0 $0 $0
2015 $518 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5411837

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-36-502