$240,000
SOLD NOV 1, 2017

118 W Aero Dr Payson, AZ 85541

-- Bed
-- Bath
2,851 Sq Ft
0.35 Acres

Recently Sold

$84 Per Sq Ft

4% Below List Price

5 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • West Facing Home
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Concrete Flooring

About This Home

As of August 2024

Five Unit Apartment Building located adjacent to Sawmill Crossing. There are 2-2BR, 1-1BR and 2- studio apartments. Seller pays water, sewer and trash.

Last Agent to Sell the Property

Elizabeth Alexander

Berkshire Hathaway HomeServices Advantage Realty - PAYSON Listed on: 09/28/2017

Last Buyer's Agent

Daphne Rutz

COLDWELL BANKER BISHOP REALTY - PAYSON License #BR515867000

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,259

Year Built

  • Built in 1962

Lot Details

  • 0.35 Acre Lot
  • West Facing Home

Parking

  • 10 Parking Spaces

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,851 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring
  • Oven or Range

Utilities

  • Forced Air Heating and Cooling System
  • Refrigerated Cooling System
  • Heating System Uses Propane

Additional Features

  • Covered patio or porch
  • In Flood Plain

Community Details

  • No Home Owners Association
  • 5 Units

Listing and Financial Details

  • The owner pays for sewer, trash, water
  • Assessor Parcel Number 304-16-239f

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,259

Year Built

Built in 1962

Lot Details

0

Listing Details

  • FILLACRES: 0.35
  • Estimated Sq Ft: 2851.00
  • Assessor Parcel Number: 239
  • House Faces: W
  • Directions: From Hwy 87 west on Aero one block to property on right.
  • Fireplace Woodstove N A Other: YES
  • Floor Covering N A Other: YES
  • Homeowners Assoc N A Other: YES
  • Interior Features Other: YES
  • Listing Member Name: Elizabeth Alexander
  • Listing Office Short Id: 4
  • List Type: Exclusive ARS
  • Location N A Other: SHOPPING
  • Lot Street Improvem: Blacktop Street, Gravel Street
  • Open House Office I D: 20121002182515019655000000
  • Property Sub Type: Apartment
  • Prop. Type: Multi-Family
  • Selling Member Short Id: DR0461
  • Selling Office Short Id: 39
  • Siding N A Other: block
  • Sub Code: Rim View Add D
  • Tract Suffix: Drive
  • To Show N A Other: CALL LIST AGENT
  • Warranty Program: No
  • Year Built: 1962
  • Property Features N A Other: YES
  • Income Sales Info Cap Rate: 5 - 7.9%
  • Income Sales Info Down Payment: CLO
  • Income Sales Info Net Operating Income: 16,000 - 20,999
  • Loan Info1 St Assumable: No
  • Loan Info Accelerate: No
  • Loan Info Must Qualify: No
  • Type Style: Single Level
  • Documents On Fle: Easements, Legal Description, Plat Map, SPDS, Survey
  • Exchange N A Other: YES
  • Existing Finance Fee: Free & Clear
  • Utilties Available: Electricity, Propane Piped, Sewer Hooked In, Town of Payson Water, Trash
  • Special Features: None

Interior Features

  • Floor Type: Slab
  • Foreclosure: No
  • Interior Amenities: Range/Oven, Refrigerator
  • Legal Description: Lengthy, ROS 435

Exterior Features

  • Exterior Construction: Block, Wood Frame
  • Exterior Features: Covered Patio
  • Flood Zone: Flood Plain
  • Roof: Asphalt/Comp Shingle
  • Exterior Construction: Wood

Garage/Parking

  • Garage/Carport Description: None
  • Number Parking Spaces: 10.00

Utilities

  • Cooling: Central, Electric Refrig.
  • Heating: Forced Air, Propane

Condo/Co-op/Association

  • HOA: No
  • Condo Management: Owner/Family
  • Number of Units: 5

Fee Information

  • Taxes: 1259.18

Lot Info

  • Assessor Parcel Number: 304-16-239f
  • Lot Dimensions: 158/81+124/59/114
  • Zoning: R3
  • Land Size: 0.35

Building Info

  • Building Size: 2851.00

Rental Info

  • Included In Rent: Sewer, Trash, Water

Tax Info

  • Year: 2017

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $425,000 -11.4% $149 / Sq Ft
04/22/2024 04/22/24 Price Changed $479,900 -4.0% $168 / Sq Ft
02/05/2024 02/05/24 For Sale $499,900 +108.3% $175 / Sq Ft
11/01/2017 11/01/17 Sold $240,000 -4.0% $84 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
09/28/2017 09/28/17 For Sale $249,900 -- $88 / Sq Ft
Source: Central Arizona Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lisa Canavier

    Delex Realty, LLC

    (714) 469-3796

    23 Total Sales

    Section Image

  • N

    Buyer's Agent in 2024

    NOT A CAAR MEMBER

    NOT A CAAR MEMBER

  • E

    Seller's Agent in 2017

    Elizabeth Alexander

    Berkshire Hathaway HomeServices Advantage Realty - PAYSON

  • D

    Buyer's Agent in 2017

    Daphne Rutz

    COLDWELL BANKER BISHOP REALTY - PAYSON

See All Agents

Map

Source: Central Arizona Association of REALTORS®

MLS Number: 76896

Central Arizona Association of REALTORS®

Arizona Gila County Payson 85541

118 W Aero Dr, Payson, AZ

This home is located at 118 W Aero Dr, Payson, AZ 85541 and is currently priced at $240,000, approximately $84 per square foot. This property was built in 1962. 118 W Aero Dr 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.

Central Arizona Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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