NOT LISTED FOR SALE

1200 Karen Way Payson, AZ 85541

Estimated Value: $634,000 - $714,000

2 Beds
2 Baths
1,421 Sq Ft
$464/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $348,000 $245 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,046/month

21 Days on Market

Highlights

  • Mountain View
  • Covered patio or porch
  • Double Pane Windows
  • No HOA
  • Balcony
  • Breakfast Bar

About This Home

As of May 2019

COULD BE 5 BEDROOM, 5 BATH. Located in one of Payson's upscale neighborhoods, this home has great views and offers seclusion. Kitchen, Great room with gas fireplace, 2 bedrooms, 2 bathrooms and laundry all on main level. Solid bamboo floors on main level. Downstairs there are 3 bedrooms and 3 baths that are framed and plumbed but need to be completed with insulation and sheetrock. With a little sweat equity, you would have a 5 bedroom, 5 bath home with over 2800 square feet of living space on close to a half acre. There is a nice wood deck off the main level and a nice patio off the lower level. This home has great potential as a fix & flip. ROLL UP YOUR SLEEVES AND MAKE SOME MONEY ON THIS ONE!

Last Agent to Sell the Property

Rory Huff

ERA-Young Realty & Investment License #BR521169000 Listed on: 03/28/2019

Last Buyer's Agent

Rory Huff

ERA-Young Realty & Investment License #BR521169000 Listed on: 03/28/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,332

Year Built

  • Built in 2014

Lot Details

  • 0.48 Acre Lot
  • Desert faces the front and back of the property

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding

Interior Spaces

  • 1,421 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Tile Flooring
  • Mountain Views
  • Laundry in unit
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Propane

Community Details

  • No Home Owners Association
  • Built by Perkes Family Construction
  • Siena Creek Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 302-92-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,332

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2014
  • Tax Year: 2018
  • Directions: Hwy 87 north to Tyler Parkway, turn right to E. Underwood Ln, turn left to Karen Way, turn right to property on right. First home on your right.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.48
  • Subdivision Name: Siena Creek
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Utilities Butane Propane: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Flooring: Tile, Other
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1421.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Basement Description:Unfinished2: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Covered Patio(s), Patio
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Siding, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Utilities: Propane
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20909.0
  • Parcel #: 302-92-007
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Perkes Family Construction

Tax Info

  • Tax Annual Amount: 3332.28
  • Tax Book Number: 302.00
  • Tax Lot: 7
  • Tax Map Number: 92.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2021
Sold by
Duffy Mark A and Duffy Susan A
Bought by
Duffy Mark A and Duffy Susan A
Total Days on Market
21
Current Estimated Value
$659,647

Purchase Details

Listed on
Mar 28, 2019
Closed on
May 3, 2019
Sold by
Barnhart Marsha
Bought by
Duffy Mark A and Duffy Susan A
Seller's Agent
Rory Huff
ERA-Young Realty & Investment
Buyer's Agent
Rory Huff
ERA-Young Realty & Investment
List Price
$365,000
Sold Price
$348,000
Premium/Discount to List
-$17,000
-4.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%
Original Mortgage
$278,400
Outstanding Balance
$246,328
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$413,791

Purchase Details

Closed on
Mar 25, 2014
Sold by
Underwood Patrick Jay and Underwood Barbara Ann
Bought by
Perkes Family Construction Llc and Perkes Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 11, 2014
Sold by
Perkes Family Construction Llc
Bought by
Barnhart Marsha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 7, 2011
Sold by
Christensen Mark E and Christensen Beth L
Bought by
Underwood Patrick Jay and Underwood Barbara Ann

Purchase Details

Closed on
Nov 28, 2008
Sold by
Underwood Patrick Jay and Underwood Barbara Ann
Bought by
Christensen Mark E and Christensen Beth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,300
Interest Rate
6.04%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 21, 2008
Sold by
Zimmerman Jay and Zimmerman Randi
Bought by
Underwood Patrick Jay and Underwood Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,300
Interest Rate
6.04%
Mortgage Type
Seller Take Back
Source: Public Records

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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

Purchase History

Date Buyer Sale Price Title Company
Duffy Mark A -- Pioneer Title Agency Inc
Duffy Mark A $348,000 Pioneer Title Agency
Perkes Family Construction Llc $70,000 None Available
Barnhart Marsha $279,400 Pioneer Title Agency
Underwood Patrick Jay -- None Available
Christensen Mark E $99,300 None Available
Underwood Patrick Jay -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duffy Mark A $278,400
Previous Owner Barnhart Marsha $255,138
Previous Owner Perkes Family Construction Llc $210,000
Previous Owner Barnhart Marsha $251,460
Previous Owner Christensen Mark E $94,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $348,000 -4.7% $245 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $365,000 -- $257 / 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 $4,121 -- -- --
2024 $4,121 $53,662 $7,139 $46,523
2023 $4,121 $54,348 $6,773 $47,575
2022 $3,975 $35,726 $6,773 $28,953
2021 $3,843 $35,726 $6,773 $28,953
2020 $3,676 $0 $0 $0
2019 $3,562 $0 $0 $0
2018 $3,332 $0 $0 $0
2017 $2,702 $0 $0 $0
2016 $2,623 $0 $0 $0
2015 $895 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5902102

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-92-007