NOT LISTED FOR SALE

1115 S Cypress Cir Payson, AZ 85541

Estimated Value: $843,000 - $1,178,000

4 Beds
4 Baths
2,988 Sq Ft
$338/Sq Ft Est. Value

Last Sold December 18, 2015

Last sale price $418,500 $140 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $5,801/month

34 Days on Market

Highlights

  • Gated Parking
  • City Lights View
  • Wood Flooring
  • Sitting Area In Primary Bedroom
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub

About This Home

As of December 2015

MILLION DOLLAR VIEWS from every room in this stunning hilltop “Castle”! Here is your opportunity to return this Castle to its former glory … this exquisite home sits privately hilltop at the end of a cul de sac street and overlooks our quaint town while enjoying panoramic Mogollon Rim mountain. The two stone-clad turreted home boasts massive vaulted and beamed ceilings with log accents, wood floors and tongue and groove on the turrets interior. The large open floor plan features a Great Room with walls of windows looking to the panoramic mountain views, a floor-to-ceiling stone fireplace, a large dining area and chef’s kitchen with granite, upgraded appliances and walk-in pantry. The expansive main-level Master Retreat features a large walk-in closet, dual vanity, jetted tub and CLICK separate shower. Also on the main-level is a second guest bedroom that would also be perfect for an office. Downstairs, there are two Guest Suites with ensuite bath and private patio to for your guests to enjoy and partake in the majestic Rim mountain views. This is the perfect showplace home to entertain or to relax and enjoy the beauty and solitude of nature as it backs to the privacy of the Tonto National Forest. Please note, this home is in need of some tender loving care in the form of some deferred maintenance and up-dating, so is being sold "AS-IS" and is priced accordingly. With a little updating and repairs this grandeur of this Castle home can be restored and enjoyed!

Last Agent to Sell the Property

Wendy Larchick

Keller Williams Arizona Realty License #BR538058000 Listed on: 09/26/2015

Keller Williams Arizona Realty

Last Buyer's Agent

Francisco Melendez

HomeSmart License #BR509405000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,988

Year Built

  • Built in 2001

Lot Details

  • 0.69 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property

Parking

  • 2 Car Garage
  • Gated Parking

Property Views

  • City Lights
  • Mountain

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding
  • Stone Exterior Construction

Interior Spaces

  • 2,988 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • 1 Fireplace
  • Double Pane Windows
  • Finished Basement
  • Walk-Out Basement
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Huddleston
  • Rim View Heights Estates Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 304-50-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,988

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Mud Springs Road/Phoenix Street
  • Legal Info Range: 10E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • Tax Year: 2014
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.69
  • Subdivision Name: RIM VIEW HEIGHTS ESTATES
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 140.06
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished, Walk-Out Access
  • Flooring: Tile, Wood
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Mstr Bdrm Sitting Rm, Walk-In Closet(s), Breakfast Bar, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 2988.0
  • Stories: 2
  • Window Features: Skylight(s), Double Pane Windows
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Basement Description:Walkout: Yes
  • Basement Description:Finished2: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Covered Patio(s), Patio
  • Lot Features: Desert Back, Desert Front, Cul-De-Sac, Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • View: City Lights, Mountain(s)
  • Disclosures: None
  • Construction Type: Siding, Stone, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Gated
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Gated Parking: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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

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: 30056.0
  • Parcel #: 304-50-024
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Huddleston

Tax Info

  • Tax Annual Amount: 2988.0
  • Tax Book Number: 304.00
  • Tax Lot: 24
  • Tax Map Number: 50.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
Brown Douglas J and Brown Patricia J
Bought by
1115 Cypr Llc
Current Estimated Value
$1,010,211

Purchase Details

Listed on
Sep 26, 2015
Closed on
Nov 9, 2015
Sold by
Webb Bettina Zita Velgos and Velgos Bettina Zita
Bought by
Brown Douglas J and Brown Patricia J
Seller's Agent
Wendy Larchick
Keller Williams Arizona Realty
Buyer's Agent
Francisco Melendez
HomeSmart
List Price
$449,000
Sold Price
$418,500
Premium/Discount to List
-$30,500
-6.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$355,725
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Velgos Eric Karl and Velgos Bettina Zita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2010
Sold by
Ferris Edward G
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 7, 2004
Sold by
Balley William A and Balley Judith L
Bought by
Ferris Edward G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,949
Interest Rate
5.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
1115 Cypr Llc -- None Listed On Document
Brown Douglas J $418,500 Pioneer Title Agency
Velgos Eric Karl $445,000 Pioneer Title Agency
Deutsche Bank National Trust Company $507,468 Accommodation
Ferris Edward G $630,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Douglas J $355,725
Previous Owner Velgos Eric Karl $356,000
Previous Owner Ferris Edward G $274,949
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2015 12/18/15 Sold $418,500 -6.8% $140 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
09/25/2015 09/25/15 For Sale $449,000 -- $150 / 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 $5,849 -- -- --
2024 $5,849 $83,399 $8,402 $74,997
2023 $5,849 $74,640 $7,031 $67,609
2022 $5,669 $51,668 $7,255 $44,413
2021 $5,322 $51,668 $7,255 $44,413
2020 $5,113 $0 $0 $0
2019 $4,964 $0 $0 $0
2018 $4,671 $0 $0 $0
2017 $4,354 $0 $0 $0
2016 $4,264 $0 $0 $0
2015 $3,880 $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: 5339856

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-50-024