NOT LISTED FOR SALE

1118 N Karen Way Payson, AZ 85541

Estimated Value: $693,967 - $1,131,000

3 Beds
2.5 Baths
2,070 Sq Ft
$405/Sq Ft Est. Value

Last Sold January 09, 2018

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

Est. 110% increase in value since last sale

Current estimated payment $4,632/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
  • 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
  • Property Sub Type: Site Built - Modular/Kit
  • Prop. Type: Residential
  • Selling Member Short Id: cjo265
  • 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
Current Estimated Value
$838,992

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
$309,459
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$529,533

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
9.96%
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

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 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
Previous Owner Craig James S $274,842
Previous Owner Laughlin Craig James S $272,000
Previous Owner Craig James S $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

    228 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

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