NOT LISTED FOR SALE

123 E Aero Dr Payson, AZ 85541

6 Beds
3 Baths
720 Sq Ft
0.28 Acres

Last Sold August 31, 2022

Last sale price $275,000 $382 Per Sq Ft

135 Days on Market

About This Home

As of August 2022

GREAT UPSIDE POTENTIAL! BEST PRICED AVAILABLE ON MARKET IN PAYSON. FULL OCCUPANCY! REWARDING CAP RATE. INVESTOR DREAM.LOW UPKEEP W/HIGH RETURN.OR OWNER OCCUPIES ONE AND RENT THE OTHER 2 MOBILE HOMES.EACH HAS 2/1 W/D HOOK UP AND FRIDGE.TENANT PAY WATER, ELECTRIC&GAS.OWNER PAYS SEWER&TRASH.RENT$850/UNIT.DRIVE BY ONLY. VIEWING UPON FULL ACCEPTANCE.
TENANTS RIGHTS. DO NOT DISTURB.MORE? CALL LISTER

Last Agent to Sell the Property

Luin L. Ross

FDR Real Estate License #SA023360000 Listed on: 03/05/2022

Last Buyer's Agent

Marcus Flannigan

eXp Realty License #SA688271000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $479

Year Built

  • Built in 1972

Lot Details

  • 0.28

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Heating System Uses Propane

Listing and Financial Details

  • Tenant pays for water
  • The owner pays for trash collection, sewer
  • Tax Lot 29
  • Assessor Parcel Number 304-16-034-D

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Building Dimensions are 12250SF

Building Details

  • Operating Expense $479
  • Gross Income $30,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$479

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: HWY 87 & AERO
  • Legal Info Range: 10E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 3
  • Year Built: 1972
  • Tax Year: 2021
  • Directions: HIGHWAY 87 & AERO TURN EAST TO PROPERTY ON RIGHT
  • Road Surface Type: Dirt, Asphalt
  • Tax Parcel Letter: D
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Frame - Wood
  • Roof: Composition, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Free: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling
  • Heating: Natural Gas, Propane
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Propane: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: 12250SF
  • Additional Parcels: No
  • Parcel #: 304-16-034-D

Multi Family

  • Owner Pays: Trash Collection, Sewer
  • Tenant Pays: Water
  • Number Of Units Total: 3
  • Annual Gross Income: 30600.0
  • Annual Operating Expense: 479.0

Tax Info

  • Tax Annual Amount: 479.0
  • Tax Book Number: 304.00
  • Tax Lot: 29

Range of Values:

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Sold Price
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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
08/31/2022 08/31/22 Sold $275,000 -8.3% $382 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $299,900 +39.5% $417 / Sq Ft
04/20/2021 04/20/21 Sold $215,000 -14.0% $299 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $250,000 +131.5% $347 / Sq Ft
02/26/2019 02/26/19 Sold $108,000 -20.0% $150 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
11/15/2018 11/15/18 For Sale $135,000 -- $188 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Luin L. Ross

    FDR Real Estate

    (480) 926-3005

    33 Total Sales

    Luin L. Ross
    Section Image

  • M

    Buyer's Agent in 2022

    Marcus Flannigan

    eXp Realty

    (480) 338-2819

    11 Total Sales

    Marcus Flannigan
    Section Image
  • Suzy Tubbs

    Seller's Agent in 2021

    Suzy Tubbs

    ERA-Young Realty & Investment

    (928) 978-3256

    170 Total Sales

    Suzy Tubbs
    Section Image
  • Bonnie Jo

    Seller's Agent in 2019

    Bonnie Jo

    PAYSON REALTY

    86 Total Sales

    Bonnie Jo
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6364419

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Gila County Payson 85541

123 E Aero Dr, Payson, AZ

This home is located at 123 E Aero Dr, Payson, AZ 85541 since 05 March 2022. This property was built in 1972. 123 E 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.

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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