$3,900,000
SOLD JAN 17, 2022

117 E Main St Payson, AZ 85541

-- Bed
-- Bath
3,360 Sq Ft
3.14 Acres

Recently Sold

$1,161 Per Sq Ft

2% Below List Price

134 Days on Market

About This Home

As of November 2022

*Medical Plaza made up of Eight Buildings
*Available as portfolio or for individual sale
*Total SF is approx. 31,248 SF
*11,088 SF Occupied & 21,840 SF Vacant
*Combination of Medical Leases in place & Vacant Shell
*Tenants include Banner Health, SonoraQuest, and ABC Pediatrics
*Sits on 3.19 Acre Lot
*Just off SR 87
*Adjacent to Banner Payson Medical Center

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 06/22/2021

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $57,338

Year Built

  • Built in 2007

Lot Details

  • 3.14 Acre Lot
  • Property is zoned 2120MC

Parking

  • 40 Open Parking Spaces
  • 40 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 8 Buildings

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 304-16-308

Property Details

Property Type

Other

Est. Annual Taxes

$57,338

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Legal Info Range: 10E
  • Property Type: Comm/Industry Sale
  • Zoning: 2120MC
  • Number Of Buildings: 8
  • Ownership: Other (See Remarks)
  • Year Built: 2007
  • Tax Year: 2020
  • Lot Size Acres: 3.14
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: Other
  • Disclosures: Other (See Remarks)
  • Construction Type: Other
  • Roof: Other
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Open Parking Spaces: 40.0
  • Total Parking Spaces: 40.0
  • General Property Description:Uncvrd Parking Spcs: 40.0
  • General Property Description:Total Parking Spcs: 40.0

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Green Building Features: Other (See Remarks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other
  • Main Cooling Other: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 136562.0
  • Parcel #: 304-16-308
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 57338.0
  • Tax Book Number: 304.00
  • Tax Lot: 15
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Nov 21, 2022
Sold by
Payson Professional Plaza Llc
Bought by
Pathfinder Holdings Llc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$4,000,000
Sold Price
$2,200,000
Premium/Discount to List
-$1,800,000
-45%

Purchase Details

Listed on
Jun 22, 2021
Closed on
Mar 9, 2022
Sold by
Unkar Llc
Bought by
Payson Professional Plaza Llc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$4,000,000
Sold Price
$3,900,000
Premium/Discount to List
-$100,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-49.42%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $2,266,000 Commonwealth Land Title
Corporate Deed $70,337 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,350,315 Commercial
Previous Owner $3,335,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2023 10/03/23 Price Changed $7,000 +38.9% $0 / Sq Ft
05/05/2023 05/05/23 For Rent $5,040 0.0% --
11/18/2022 11/18/22 Sold $2,200,000 -45.0% $71 / Sq Ft
06/08/2022 06/08/22 For Sale $4,000,000 +2.6% $129 / Sq Ft
01/17/2022 01/17/22 Sold $3,900,000 -2.5% $1,161 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $4,000,000 -- $1,190 / 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 $60,797 -- -- --
2024 $60,797 $667,927 $18,598 $649,329
2023 $60,797 $426,289 $14,592 $411,697
2022 $61,805 $443,035 $77,986 $365,049
2021 $59,677 $443,035 $77,986 $365,049
2020 $57,338 $0 $0 $0
2019 $55,662 $0 $0 $0
2018 $52,375 $0 $0 $0
2017 $48,824 $0 $0 $0
2016 $47,814 $0 $0 $0
2015 $41,162 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Grafton Milne

    Seller's Agent in 2023

    Grafton Milne

    The Menlo Group Commercial Real Estate

    (480) 659-1777

    17 Total Sales

    Section Image

  • T

    Seller's Agent in 2022

    Tanner Milne

    The Menlo Group Commercial Real Estate

    Section Image

  • N

    Buyer's Agent in 2022

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6254436

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-16-308

Arizona Gila County Payson 85541

117 E Main St, Payson, AZ

This home is located at 117 E Main St, Payson, AZ 85541 and is currently priced at $3,900,000, approximately $1,160 per square foot. This property was built in 2007. 117 E Main St 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.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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