NOT LISTED FOR SALE

107 N Lookout Point Payson, AZ 85541

Estimated Value: $217,014 - $286,000

1.88 Acres
$133,780 Price per Acre
81,893 Sq Ft Lot

Last Sold October 27, 2023

Last sale price $210,000

Est. 20% increase in value since last sale

Current estimated payment $1,543/month

192 Days on Market

About This Lot

As of October 2023

Amazing one-of-a-kind view lot in the heart of Payson, ''Arizona's Cool Mountain Town''. Stunning 360-degree views from private hilltop location. Paved private drive off quiet cul-de-sac. All utilities to large 1.88 acre homesite, including available high-speed fiber-optic internet service already at cul-de-sac. No HOA. Great weather year-round and an easy drive up to Mogollon Rim recreation areas or down to Phoenix/Scottsdale on Beeline Highway. A truly unique and spectacular location for your dream home and home office.

Last Agent to Sell the Property

Lynnie Raichert

Integra Homes and Land License #SA531236000 Listed on: 03/16/2023

Last Buyer's Agent

Alicia Krick

Alicia Krick License #BR113684000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,000

Lot Details

  • 1.88 Acre Lot
  • Property is zoned R1

Community Details

  • No Home Owners Association
  • Trailwood Subdivision

Listing and Financial Details

  • Tax Lot '-'
  • Assessor Parcel Number 304-53-061-A

Property Details

Property Type

Land

Est. Annual Taxes

$1,000

Lot Details

0

Listing Details

  • Property Type: Land
  • Development Status: See Remarks
  • Topography: {"Level":true,"Gentle Sloping":true,"Cut":true}
  • Zoning: R1
  • Tax Year: 2021
  • Directions: LONGHORN WEST TO MCLANE NORTH TO OVERLAND WEST TURN RIGHT AT SECOND STREET ON RIGHT, SIGN ON
  • Lot Size Acres: 1.88
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: TRAILWOOD
  • Tax Parcel Letter: A
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: See Remarks

Exterior Features

  • Lot Features: See Remarks
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS, Underground

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 81892.8
  • Additional Parcels: No
  • Parcel #: 304-53-061-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1000.0
  • Tax Book Number: 304.00
  • Tax Lot: '-'
  • Tax Map Number: 53.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Oct 27, 2023
Sold by
Schuemann Family Llc
Bought by
Hospitality Integrated Services Inc
Seller's Agent
Lynnie Raichert
Integra Homes and Land
Buyer's Agent
Alicia Krick
Alicia Krick
List Price
$29,900
Sold Price
$210,000
Premium/Discount to List
$180,100
602.34%
Total Days on Market
192
Views
224
Current Estimated Value
$251,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,507
Avg. Annual Appreciation
11.78%
Original Mortgage
$210,000
Outstanding Balance
$207,037
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$44,470

Purchase Details

Closed on
Feb 14, 2023
Sold by
Schuemann Karl E
Bought by
Schuemann Family Llc

Purchase Details

Closed on
Jun 8, 2016
Sold by
Lim Edward Siy and Lim Julia K
Bought by
Schuemann Karl E and Schuemann Teresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,900
Interest Rate
3.58%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 15, 2005
Sold by
Wolbert Richard F and Wolbert Mary E
Bought by
Lim Edward Siy and Lim Julia K
Source: Public Records

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Range of Values:

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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 Buyer Sale Price Title Company
Hospitality Integrated Services Inc -- Pioneer Title
Schuemann Family Llc -- --
Schuemann Karl E $139,900 Pioneer Title Agency Inc
Lim Edward Siy $151,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hospitality Integrated Services Inc $210,000
Previous Owner Schuemann Karl E $109,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $210,000 -4.5% --
09/29/2023 09/29/23 Off Market $219,900 -- --
09/06/2023 09/06/23 Price Changed $219,900 -11.7% --
07/06/2023 07/06/23 Price Changed $249,000 -7.4% --
05/25/2023 05/25/23 Price Changed $269,000 +799.7% --
03/16/2023 03/16/23 For Sale $29,900 -90.0% --
03/16/2023 03/16/23 Price Changed $299,000 -- --
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 $1,641 -- -- --
2024 $1,641 $29,956 $16,260 $13,696
2023 $1,641 $26,088 $13,044 $13,044
2022 $2,136 $33,360 $16,680 $16,680
2021 $2,037 $32,819 $16,680 $16,139
2020 $1,957 $0 $0 $0
2019 $1,900 $0 $0 $0
2018 $1,788 $0 $0 $0
2017 $1,667 $0 $0 $0
2016 $1,928 $0 $0 $0
2015 $2,293 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynnie Raichert

    Seller's Agent in 2023

    Lynnie Raichert

    Integra Homes and Land

    (928) 978-9876

    38 Total Sales

    Lynnie Raichert
    Section Image
  • Alicia Krick

    Buyer's Agent in 2023

    Alicia Krick

    Alicia Krick

    (480) 202-1740

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6532133

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-53-061A

Arizona Gila County Payson 85541

107 N Lookout Point, Payson, AZ

This home is located at 107 N Lookout Point, Payson, AZ 85541 since 16 March 2023 and is currently estimated at $251,507. 107 N Lookout Point is a home located in Gila County with nearby schools including Julia Randall Elementary School, Payson Elementary School, and Rim Country Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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