NOT LISTED FOR SALE

118 E Aero Dr Payson, AZ 85541

Estimated Value: $310,305 - $362,000

3 Beds
1.5 Baths
1,370 Sq Ft
$248/Sq Ft Est. Value

Last Sold May 02, 2019

Last sale price $190,000 $139 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,891/month

13 Days on Market

Highlights

  • RV Access or Parking
  • Wood Burning Stove
  • Wood Flooring
  • Solar Power System
  • Ranch Style House
  • No HOA

About This Home

As of May 2019

How does a July electric bill of $25 sound? Well this cute, updated, move in ready, 3br 1 and 1/2ba 1370sqft home has a paid lease no maintenance solar system as well as a wood stove to keep those utilities low low low. You can walk to the movies, restaurants and shopping from this great location! Would make a nice summer home, VRBO or affordable full time living home. Single level no stairs, fresh paint, landscaping on sprinklers, Rv parking, circular driveway, roof and water heater new from 2012. Seller is including the washer and dryer as well as the stainless steel fridge in the sale of this property. Property is fully fenced with a nice sized shed and separately fenced garden area. Big covered patio with a cozy firepit. No HOA. Come check it out! Open House 3/9/19 11am to 3pm.

Last Agent to Sell the Property

Terah Ruiz

COLDWELL BANKER BISHOP REALTY - PAYSON License #SA682075000 Listed on: 03/04/2019

Last Buyer's Agent

Daphne Rutz

COLDWELL BANKER BISHOP REALTY - PAYSON License #BR515867000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,311

Year Built

  • Built in 1969

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x149x50x149
  • Rural Setting
  • East Facing Home
  • Dog Run
  • Chain Link Fence
  • Landscaped
  • Sprinkler System
  • Property is zoned R3-MH

Parking

  • RV Access or Parking

Home Design

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

Interior Spaces

  • 1,370 Sq Ft Home
  • Wood Burning Stove
  • Double Pane Windows
  • Living Room with Fireplace
  • Open Floorplan
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System
  • Solar Heating System

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 304-16-171

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,311

Year Built

Built in 1969

Lot Details

0

Listing Details

  • FILLACRES: 0.17
  • Estimated Sq Ft: 1370.00
  • Estimated Sq Ft Range: 1251 - 1500
  • Total Bathrooms: 2.00
  • Co Selling Member Short Id: jn805
  • House Faces: E
  • Directions: From Hwy 87 turn east on Aero Dr to 118. House is on North side of road. Sign on property.
  • Fireplace Wood Stove: Fireplace, In Living Room, Woodstove
  • Homeowners Assoc N A Other: YES
  • Listing Member Name: Terah Ruiz
  • Listing Office Short Id: 39
  • List Type: Exclusive ARS
  • Lot Street Improvem: Blacktop Street
  • Other Rooms N A Other: YES
  • Property Sub Type: Site Built
  • Prop. Type: Residential
  • Selling Member Short Id: DR0461
  • Building Style: Ranch, Single Level
  • Sub Code: Rim View Add F
  • Sub Floor Type: Slab, Wood
  • Tract Suffix: Drive
  • Warranty Program: No
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Floor Covering: Carpeting, Laminate, Tile, Wood
  • Half Bathrooms: 1
  • Basement Full Bathrooms: 1
  • Lower Floor 1 Bedrooms: 3
  • Dining Room: Kitchen-Dining Combo, Living-Dining Combo
  • Fireplace Stove: Yes
  • Foreclosure: No
  • Interior Amenities: Dual Pane Window, Master Main Floor, Smoke Detector, Split Floor Plan
  • Kitchen Features: Dishwasher, Eat-in, Electric Range, Microwave, Pantry, Refrigerator
  • Laundry: Dryer, In Kitchen, Washer
  • Legal Description: Section: 10 Township: 10N Range: 10E LOT 14, RIM VIEW ADDITION PLAT ''F'', PLAT 121NW1/4 SEC 10 T10N R10E = 0.17 AC
  • Entry Location: Rural
  • Source of Sq Ft: Assessor

Exterior Features

  • Exterior Construction: Block, Brick, Wood Frame
  • Exterior Features: Covered Patio, Covered Porch/Deck, Dog Run, Landscaped, Patio, Porch/Deck, Satellite Dish, Sprinklers, Storage/Utility Shed, View of Town, Work Shop
  • Fencing: Chain Link
  • Flood Zone: None
  • Horses Allowed On Property: No
  • Lot Number: 14
  • Roof: Asphalt/Comp Shingle
  • Exterior Construction: Brick, Wood
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: RV Parking

Utilities

  • Cooling: Central
  • Heating: Fireplace/Woodstove, Heat Pump, Solar
  • Utilities Available: Cable TV/Satellite, Electricity, Internet Hook Up, Sewer Available, Sewer Hooked In, Solar, Telephone, Town of Payson Water, Trash
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 1311.00

Lot Info

  • Assessor Parcel Number: 304-16-171
  • Lot Dimensions: 50x149x50x149
  • Zoning: R3-MH

Tax Info

  • Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2025
Sold by
Butler Gordon E
Bought by
Gordon E Butler Iii Living Trust and Butler
Current Estimated Value
$339,076

Purchase Details

Listed on
Mar 4, 2019
Closed on
Apr 22, 2019
Sold by
Thompson Jack R and Thompson Renee A
Bought by
Butler Gorden E
Seller's Agent
Terah Ruiz
COLDWELL BANKER BISHOP REALTY - PAYSON
Buyer's Agent
Daphne Rutz
COLDWELL BANKER BISHOP REALTY - PAYSON
List Price
$190,000
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$190,000
Interest Rate
4.2%
Mortgage Type
VA

Purchase Details

Listed on
Feb 22, 2016
Closed on
May 9, 2016
Sold by
Baker Barbara L
Bought by
Thompson Jack R and Thompson Renee A
Seller's Agent
Jim Hall
ERA YOUNG REALTY-PAYSON
Buyer's Agent
Ellen Greer
ARIZONA RESOURCE REALTY
List Price
$149,900
Sold Price
$138,000
Premium/Discount to List
-$11,900
-7.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.41%
Original Mortgage
$138,000
Interest Rate
3.71%
Mortgage Type
VA

Purchase Details

Listed on
Sep 9, 2014
Closed on
Nov 6, 2014
Sold by
Revie Steven and Revie Jean
Bought by
Baker Barbara L
Seller's Agent
Cynthia Whatley
Coldwell Banker Bishop Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$125,900
Sold Price
$111,800
Premium/Discount to List
-$14,100
-11.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.61%
Original Mortgage
$115,732
Interest Rate
3.96%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 14, 2012
Closed on
Jul 27, 2012
Sold by
Gerard Philip E and Gerard Debra K
Bought by
Revie Steve and Revie Jean
Seller's Agent
Bonnie Neal
DOMINION REAL ESTATE PARTNERS
Buyer's Agent
Patricia Alberti
Berkshire Hathaway HomeServices Advantage Realty - PAYSON
List Price
$84,500
Sold Price
$80,000
Premium/Discount to List
-$4,500
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gordon E Butler Iii Living Trust -- None Listed On Document
Butler Gorden E $190,000 Pioneer Title Agency
Thompson Jack R $138,000 Pioneer Title Agency Inc
Baker Barbara L $111,800 Pioneer Title Agency Inc
Revie Steve $80,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butler Gorden E $190,000
Previous Owner Thompson Jack R $138,000
Previous Owner Baker Barbara L $115,732
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2019 05/02/19 Sold $190,000 0.0% $139 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $190,000 +37.7% $139 / Sq Ft
05/17/2016 05/17/16 Sold $138,000 -7.9% $124 / Sq Ft View Prior Sale
04/06/2016 04/06/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $149,900 +34.1% $135 / Sq Ft
01/02/2015 01/02/15 Sold $111,800 0.0% $101 / Sq Ft View Prior Sale
01/02/2015 01/02/15 Sold $111,800 -11.2% $101 / Sq Ft View Prior Sale
11/04/2014 11/04/14 Pending -- -- --
09/19/2014 09/19/14 Pending -- -- --
09/09/2014 09/09/14 For Sale $125,900 0.0% $113 / Sq Ft
08/15/2014 08/15/14 For Sale $125,900 +57.4% $113 / Sq Ft
08/03/2012 08/03/12 Sold $80,000 -5.3% $72 / Sq Ft View Prior Sale
07/07/2012 07/07/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $84,500 -- $76 / 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 $1,426 -- -- --
2024 $1,426 $23,040 $3,304 $19,736
2023 $1,426 $20,506 $3,230 $17,276
2022 $1,379 $14,832 $3,230 $11,602
2021 $1,297 $14,832 $3,230 $11,602
2020 $1,240 $0 $0 $0
2019 $1,394 $0 $0 $0
2018 $1,311 $0 $0 $0
2017 $1,223 $0 $0 $0
2016 $1,015 $0 $0 $0
2015 $747 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Arizona Association of REALTORS®

MLS Number: 79797

Central Arizona Association of REALTORS®

APN: 304-16-171