NOT LISTED FOR SALE

1118 N Karen Way Payson, AZ 85541

Estimated Value: $700,024 - $1,133,000

3 Beds
3 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 $4,644/month

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!

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
$838,256

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
$315,059
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$495,861

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
9.61%
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:

Collateral Analytics

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ICE

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Average Value
Not Available
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
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

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

    248 Total Sales

    Rory Huff
    Section Image

  • C

    Buyer's Agent in 2018

    Clark Jones

    ERA YOUNG REALTY-PAYSON

See All Agents

Map

Arizona Gila County Payson 85541

1118 N Karen Way, Payson, AZ

This home is located at 1118 N Karen Way, Payson, AZ 85541 and is currently estimated at $838,256, approximately $404 per square foot. 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.

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