NOT LISTED FOR SALE

1118 N Karen Way Payson, AZ 85541

Estimated Value: $679,693 - $1,131,000

3 Beds
2.5 Baths
2,070 Sq Ft
$402/Sq Ft Est. Value

Last Sold January 09, 2018

Last sale price $400,000 $193 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,871/month

151 Days on Market

Highlights

  • Horses Allowed On Property
  • Pine Trees
  • Wood Flooring
  • RV Access or Parking
  • Ranch Style House
  • No HOA

About This Home

As of January 2018

Secluded home on 2.49+/- acres. Large 2-car garage with attached room that could be an office, workout room or hobby room. Nice enclosed patio. Horse property with 2 RV hookups. Home shows like new. The kitchen is a cook's delight. Lots of cabinets. Tastefully landscaped yard with fruit trees. You are in town city limits but feel like you are in the middle of the forest. HOME IS MOVE-IN READY!

Last Agent to Sell the Property

Rory Huff

ERA YOUNG REALTY-PAYSON License #BR521169000 Listed on: 07/05/2017

Last Buyer's Agent

Clark Jones

ERA YOUNG REALTY-PAYSON License #BR109857000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,159

Year Built

  • Built in 2005

Lot Details

  • 2.49 Acre Lot
  • North Facing Home
  • Partially Fenced Property
  • Landscaped
  • Pine Trees
  • Property is zoned R1-10MH

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,070 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Family Room
  • Combination Dining and Living Room
  • Screened Porch
  • Fire and Smoke Detector
  • Laundry in Utility Room
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Parking

  • 2 Car Garage
  • Garage Door Opener
  • RV Access or Parking

Utilities

  • Forced Air Heating and Cooling System
  • Refrigerated Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Shed
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Built by Palm Harbor

Listing and Financial Details

  • Assessor Parcel Number 302-23-005T

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,159

Year Built

Built in 2005

Lot Details

0

Listing Details

  • FILLACRES: 2.49
  • Estimated Sq Ft: 2070.00
  • Estimated Sq Ft Range: 2001 - 2500
  • Assessor Parcel Number: 005
  • Total Bathrooms: 3.00
  • House Faces: N
  • Directions: Tyler Pkwy to Underwood Ln to Karen Way to sign.
  • Fencing N A Other: YES
  • Fireplace Woodstove N A Other: YES
  • Homeowners Assoc N A Other: YES
  • Listing Member Name: Rory R Huff
  • Listing Office Short Id: 008
  • List Type: Exclusive ARS
  • Lot Street Improvem: Blacktop Street, Gravel Street
  • Open House Office I D: 20121002182516575750000000
  • Property Sub Type: Site Built - Modular/Kit
  • Prop. Type: Residential
  • Selling Member Short Id: cjo265
  • Selling Office Short Id: 008
  • Building Style: Ranch, Single Level
  • Sub Code: Unsubdivided
  • Sub Floor Type: Wood
  • Tract Suffix: Way
  • Warranty Program: No
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Floor Covering: Carpeting, Tile, Wood
  • Half Bathrooms: 1
  • Basement Full Bathrooms: 2
  • Lower Floor 1 Bedrooms: 3
  • Dining Room: Great Room, Living-Dining Combo
  • Fireplace Stove: No
  • Foreclosure: No
  • Interior Amenities: Dual Pane Window, Master Main Floor, Smoke Detector, Split Floor Plan
  • Kitchen Features: Dishwasher, Electric Range, Garbage Disposal, Microwave, Pantry, Refrigerator
  • Laundry: Utility Room
  • Legal Description: Parcel 2 ROS 2849 E1/2SW1/4SE1/4SE1/4 SEC 26 T11N R10E;=2.49AC
  • Entry Location: Borders Golf Course
  • Other Rooms: Family Room
  • Source of Sq Ft: Assessor

Exterior Features

  • Builder Name: Palm Harbor
  • Exterior Construction: Wood Frame
  • Exterior Features: Covered Patio, In the Trees, Landscaped, RV Hookup, Satellite Dish, Screened Porch/Deck, Storage/Utility Shed, Tall Pines on Lot
  • Fencing: Corners Marked, Partially Fenced
  • Flood Zone: None
  • Horses Allowed On Property: Yes
  • Roof: Asphalt/Comp Shingle
  • Exterior Construction: Wood
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Garage Capacity: 2.00
  • Parking Features: Attached, Detached, Garage Door Opener, Garage Only, RV Parking

Utilities

  • Cooling: Ceiling Fan, Central, Electric Refrig.
  • Heating: Electric, Forced Air, Heat Pump
  • Utilities Available: Cable TV/Satellite, Electricity, Internet Hook Up, Private Well, Septic Tank Installed, Telephone, Trash, Underground Util
  • Water Heater: Electric, Over 30 Gallons

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 2159.00

Lot Info

  • Assessor Parcel Number: 302-23-005T
  • Lot Dimensions: Irregular
  • Zoning: R1-10MH

Tax Info

  • Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2021
Sold by
Craig James S and Craig Polly Laughlin
Bought by
Craig James S and Craig Polly Laughlin
Total Days on Market
151
Current Estimated Value
$832,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Outstanding Balance
$312,971
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$530,495

Purchase Details

Closed on
Jan 10, 2020
Sold by
Craig James S and Craig Polly Laughlin
Bought by
Craig James S and Craig Polly Laughlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,842
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2019
Sold by
Laughlin Gaig James S and Laughlin Gaig Pally
Bought by
Lauglin Gaig James S and Lauglin Gaig Pully

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Mar 20, 2019
Sold by
Laughlin Craig James S and Laughlin Craig Polly
Bought by
Laughlin Craig James S and Laughlin Craig Polly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Dec 10, 2018
Sold by
Craig James S and Craig Polly
Bought by
Laughlin Craig James S and Laughlin Craig Polly

Purchase Details

Listed on
Jul 5, 2017
Closed on
Dec 19, 2017
Sold by
Jones Raymond L and Jones Dinah A
Bought by
Craig James S and Craig Polly
Seller's Agent
Rory Huff
ERA YOUNG REALTY-PAYSON
Buyer's Agent
Clark Jones
ERA YOUNG REALTY-PAYSON
List Price
$475,000
Sold Price
$400,000
Premium/Discount to List
-$75,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%
Original Mortgage
$200,000
Interest Rate
3.92%
Mortgage Type
VA

Purchase Details

Closed on
Jul 20, 2007
Sold by
Jones William J and Jones Tanda Hart
Bought by
Jones Raymond L and Jones Dinah A
Source: Public Records

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Range of Values:

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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
Craig James S -- Fidelity National Title
Craig James S -- Fidelity National Title
Craig James S -- Pioneer Title Agency Inc
Lauglin Gaig James S -- None Available
Laughlin Craig James S -- Pioneer Title Agency Inc
Laughlin Craig James S -- None Available
Craig James S $400,000 Pioneer Title Agency Inc
Jones Raymond L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craig James S $346,000
Closed Craig James S $274,842
Closed Laughlin Craig James S $272,000
Closed Craig James S $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2018 01/09/18 Sold $400,000 -15.8% $193 / Sq Ft
12/03/2017 12/03/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $475,000 -- $229 / Sq Ft
Source: Central Arizona Association of REALTORS®

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 $2,620 -- -- --
2024 $2,620 $46,466 $15,202 $31,264
2023 $2,620 $41,534 $9,628 $31,906
2022 $2,540 $27,329 $9,628 $17,701
2021 $2,584 $27,329 $9,628 $17,701
2020 $2,537 $0 $0 $0
2019 $2,431 $0 $0 $0
2018 $2,334 $0 $0 $0
2017 $2,222 $0 $0 $0
2016 $2,159 $0 $0 $0
2015 $2,110 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rory Huff

    Seller's Agent in 2018

    Rory Huff

    ERA YOUNG REALTY-PAYSON

    (928) 474-4554

    277 Total Sales

    Rory Huff
    Section Image

  • C

    Buyer's Agent in 2018

    Clark Jones

    ERA YOUNG REALTY-PAYSON

See All Agents

Map

Source: Central Arizona Association of REALTORS®

MLS Number: 76388

Central Arizona Association of REALTORS®

APN: 302-23-005T

Arizona Gila County Payson 85541

1118 N Karen Way, Payson, AZ

This home is located at 1118 N Karen Way, Payson, AZ 85541 since 05 July 2017 and is currently estimated at $832,173, approximately $402 per square foot. This property was built in 2005. 1118 N Karen Way 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.

Central Arizona Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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