NOT LISTED FOR SALE

1200 N Karen Way Payson, AZ 85541

Estimated Value: $603,000 - $745,000

2 Beds
2 Baths
1,421 Sq Ft
$461/Sq Ft Est. Value

Last Sold May 10, 2019

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

Est. 88% increase in value since last sale

Current estimated payment $3,804/month

21 Days on Market

Highlights

  • RV Access or Parking
  • Pine Trees
  • Vaulted Ceiling
  • Panoramic View
  • Hilltop Location
  • 2-Story Property

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-PAYSON License #BR521169000 Listed on: 03/25/2019

Last Buyer's Agent

Rory Huff

ERA YOUNG REALTY-PAYSON License #BR521169000 Listed on: 03/25/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,332

Year Built

  • Built in 2014

Lot Details

  • 0.48 Acre Lot
  • North Facing Home
  • Landscaped
  • Hilltop Location
  • Pine Trees
  • Property is zoned R1-18 PAD

Home Design

  • 2-Story Property
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,421 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Great Room with Fireplace
  • Combination Dining and Living Room
  • Tile Flooring
  • Panoramic Views
  • Unfinished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Garage Door Opener
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Refrigerated Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Perkes Family Construction

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

Listing Details

  • FILLACRES: 0.48
  • Estimated Sq Ft: 1421.00
  • Estimated Sq Ft Range: 1251 - 1500
  • Total Bathrooms: 2.00
  • House Faces: N
  • 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.
  • Fireplace Wood Stove: Fireplace, Gas Fireplace, In Great Room
  • Floor Covering N A Other: Solid Bamboo
  • Homeowners Assoc N A Other: YES
  • Laundry N A Other: YES
  • Listing Member Name: Rory R Huff
  • Listing Office Short Id: 008
  • List Type: Exclusive ARS
  • Lot Street Improvem: Blacktop Street
  • Property Sub Type: Site Built
  • Prop. Type: Residential
  • Selling Member Short Id: RH0242
  • Building Style: Basement, Ranch, Two Story
  • Sub Code: Siena Creek
  • Sub Floor Type: Slab, Wood
  • Tract Suffix: Way
  • Warranty Program: No
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Floor Covering: Tile
  • Basement Full Bathrooms: 2
  • Lower Floor 1 Bedrooms: 2
  • Dining Room: Great Room, Living-Dining Combo
  • Fireplace Stove: Yes
  • Foreclosure: No
  • Interior Amenities: Dual Pane Window, Master Main Floor, Smoke Detector, Vaulted Ceiling
  • Kitchen Features: Breakfast Bar, Dishwasher, Electric Range, Garbage Disposal, Pantry, Refrigerator, Walk In Pantry
  • Legal Description: Lot 7, Siena Creek
  • Entry Location: Borders Undvlpd Land, Hill Top
  • Other Rooms: Potential Bedroom, Unfinished Basement, Walk Out Basement
  • Source of Sq Ft: Assessor

Exterior Features

  • Builder Name: Perkes Family Construction
  • Exterior Construction: Wood Frame
  • Exterior Features: Covered Patio, Covered Porch/Deck, In the Trees, Landscaped, Panoramic Views, Tall Pines on Lot
  • Fencing: None
  • Flood Zone: None
  • Horses Allowed On Property: No
  • Lot Number: 7
  • Roof: Asphalt/Comp Shingle
  • Exterior Construction: Wood
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Garage Capacity: 2.00
  • Parking Features: Attached, Garage Door Opener, Garage Only, RV Parking

Utilities

  • Cooling: Ceiling Fan, Central, Electric Refrig., Heat Pump
  • Heating: Electric, Fireplace/Woodstove, Forced Air, Heat Pump
  • Utilities Available: Cable TV/Satellite, Electricity, Internet Hook Up, Piped Propane, Sewer Hooked In, Telephone, Town of Payson Water, Trash, Underground Util
  • Water Heater: Electric, Over 30 Gallons

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 3332.28

Lot Info

  • Assessor Parcel Number: 302-92-007
  • Lot Dimensions: Irregular
  • Zoning: R1-18 PAD

Tax Info

  • Year: 2018

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
Current Estimated Value
$655,414

Purchase Details

Listed on
Mar 25, 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-PAYSON
Buyer's Agent
Rory Huff
ERA YOUNG REALTY-PAYSON
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
10.15%
Original Mortgage
$278,400
Outstanding Balance
$243,771
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$411,643

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

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
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 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 List to Sale Price per Sq Ft Prior Sale
05/10/2019 05/10/19 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 +30.6% $257 / Sq Ft
09/10/2014 09/10/14 Sold $279,400 -0.2% $209 / Sq Ft View Prior Sale
10/15/2013 10/15/13 Pending -- -- --
10/14/2013 10/14/13 For Sale $280,000 -- $209 / 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 $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

  • Rory Huff

    Seller's Agent in 2019

    Rory Huff

    ERA YOUNG REALTY-PAYSON

    (928) 474-4554

    228 Total Sales

    Rory Huff
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Map

Source: Central Arizona Association of REALTORS®

MLS Number: 79957

Central Arizona Association of REALTORS®

APN: 302-92-007

Arizona Gila County Payson 85541

1200 N Karen Way, Payson, AZ

Not Listed for Sale

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