NOT LISTED FOR SALE

1119 S Promontory Way Payson, AZ 85541

Estimated Value: $527,839 - $673,000

0.45 Acre
$1,314,356 Price per Acre
19,602 Sq Ft Lot

Last Sold June 27, 2018

Last sale price $81,000

Est. 630% increase in value since last sale

Current estimated payment $3,508/month

302 Days on Market

About This Lot

As of June 2018

Home site located in the exclusive Rim View Heights Estates, custom mountain homes development, with average lot sizes of half acre or more and panoramic mountain views. Best suited for exposed basement to elevate the finished floor in order to realize best view potentials to the east. This home site offers favorable south and east exposures and favorable perimeter natural vegetation. Low sewer impact fee of $550.00 and water quote at time of listing $5,896.07 development fee, meter fee $350.00.

Last Agent to Sell the Property

Elizabeth Alexander

Berkshire Hathaway HomeServices Advantage Realty - PAYSON Listed on: 08/21/2017

Last Buyer's Agent

Elizabeth Alexander

Berkshire Hathaway HomeServices Advantage Realty - PAYSON Listed on: 08/21/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,170

Year Built

  • 2019

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 105x190
  • South Facing Home
  • Corner Lot
  • Sloped Lot
  • Property is zoned R1-18

HOA Fees

  • $4 Monthly HOA Fees

Property Views

  • Mountain Views

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Voluntary home owners association

Listing and Financial Details

  • Tax Lot 78
  • Assessor Parcel Number 304-50-078

Property Details

Property Type

Land

Est. Annual Taxes

$1,170

Year Built

2019

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • FILLACRES: 0.45
  • Assessor Parcel Number: 078
  • House Faces: S
  • Directions: From hwy 87 head east on Phoenix Street to property on left; northeast corner of Phoenix and Promontory.
  • HOA Fees: 50.00
  • Homeowners Assoc N A Other: architectural approv
  • Listing Member Name: Elizabeth Alexander
  • Listing Office Short Id: 004
  • List Type: Exclusive ARS
  • Open House Office I D: 20121002182515019655000000
  • Property Sub Type: Residential
  • Prop. Type: Land
  • Selling Member Short Id: EA0008
  • Selling Office Short Id: 004
  • Sub Code: Rim View Heights Estates
  • Tract Suffix: Way
  • Property Features N A Other: YES
  • List Price per Acre: 186444.44
  • Lot Street Improve: Blacktop Street, Curbs, Electric, Propane, Sewer, Water
  • Manufacture Allwd: No
  • Road Access: City
  • Terrain: Sloped
  • Special Features: None
  • Year Built (Public Record): 2019

Interior Features

  • Foreclosure: No
  • Legal Description: Rim View Heights Estates, Lot 78
  • Entry Location: Corner

Exterior Features

  • Exterior Features: In the Trees, View of Mountains
  • Flood Zone: None
  • Horses Allowed On Property: No
  • Lot Number: 78
  • View: Yes
  • Waterfront: No

Utilities

  • Utilities Available: Cable TV/Satellite, Electricity, Piped Propane, Telephone, Town of Payson Water, Underground

Condo/Co-op/Association

  • HOA: Voluntary
  • Master HOA Frequency: Year

Fee Information

  • Taxes: 1170.24

Lot Info

  • Assessor Parcel Number: 304-50-078
  • Lot Dimensions: 105X190
  • Zoning: R1-18
  • Deed Restrictions: Minimum SqFt, Site Built Only
  • Zoning: Town

Tax Info

  • Year: 2017

Multi Family

  • Multi Family: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2017
Closed on
Jun 20, 2018
Sold by
Tossell Alfred R and Tossell Nancy F
Bought by
Horn Trevor Roe Van and Horn Patricia Lynne Van
Seller's Agent
Elizabeth Alexander
Berkshire Hathaway HomeServices Advantage Realty - PAYSON
Buyer's Agent
Elizabeth Alexander
Berkshire Hathaway HomeServices Advantage Realty - PAYSON
List Price
$83,900
Sold Price
$81,000
Premium/Discount to List
-$2,900
-3.46%
Total Days on Market
302
Current Estimated Value
$591,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$510,460
Avg. Annual Appreciation
32.26%
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
Horn Trevor Roe Van -- Pioneer Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2018 06/27/18 Sold $81,000 -3.5% --
06/19/2018 06/19/18 Pending -- -- --
08/21/2017 08/21/17 For Sale $83,900 -- --
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 $2,369 -- -- --
2024 $2,369 $48,785 $7,538 $41,247
2023 $2,369 $43,950 $6,422 $37,528
2022 $2,644 $23,353 $6,047 $17,306
2021 $2,482 $23,354 $6,047 $17,307
2020 $2,385 $0 $0 $0
2019 $1,153 $0 $0 $0
2018 $1,085 $0 $0 $0
2017 $1,012 $0 $0 $0
2016 $1,170 $0 $0 $0
2015 $1,392 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Arizona Association of REALTORS®

MLS Number: 76693

Central Arizona Association of REALTORS®

APN: 304-50-078