NOT LISTED FOR SALE

124 W Cottage Creek Ct Payson, AZ 85541

Estimated Value: $335,000 - $490,000

2 Beds
2 Baths
1,232 Sq Ft
$314/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $244,800 $199 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,146/month

67 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Carpet
  • Eat-In Kitchen
  • Central Air
  • Heating Available

About This Home

As of November 2020

PRICE REDUCED ANOTHER $!0,000 ($30,000 FROM ORIGINAL PRICE!!) Charm, Location & Convenience are afforded by this centrally located home in the very heart of Payson. It is nestled among other beautiful homes in the little cul-de-sac Community known as Cottage Creek Court. The Floor plan is inviting, open and spacious. The kitchen, dining and great room flow together to offer a feeling of roominess that is enhanced by the high and beautiful wood vaulted ceilings. The main and second bedrooms also feature high vaulted ceilings to augment a feeling of openness. The single car garage is deep to provide for extra storage. This home is only a block away from the intersection of Hwy 260 and Hwy 87 - EXTREMELY close to shopping, restaurants, and many other conveniences. A Very Nice Home!

Last Agent to Sell the Property

Robert Linkey

Realty Executives Arizona Territory License #SA028655000 Listed on: 07/17/2020

Realty Executives Arizona Territory

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,329

Year Built

  • Built in 2009

Lot Details

  • 6,708 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Out Of Maricopa Cnty Elementary And Middle School
  • Out Of Maricopa Cnty High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Cottage Creek Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 304-69-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,329

Year Built

Built in 2009

Lot Details

0

Parking

1

Listing Details

  • Cross Street: Hwy 87 & Hwy 260
  • Legal Info Range: 10E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2009
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: COTTAGE CREEK
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 198.7
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1232.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Out of Maricopa Cnty
  • High School: Out of Maricopa Cnty
  • Middle Or Junior School: Out of Maricopa Cnty

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6708.0
  • Parcel #: 304-69-008

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1329.0
  • Tax Book Number: 304.00
  • Tax Lot: 8
  • Tax Map Number: 69.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Nov 6, 2020
Sold by
Oakley Family Revocable Trust and Oakley Kathy
Bought by
Cheatham Kevin A and Perry Michaela M
Seller's Agent
Robert Linkey
Realty Executives Arizona Territory
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$279,000
Sold Price
$244,800
Premium/Discount to List
-$34,200
-12.26%
Current Estimated Value
$382,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,980
Avg. Annual Appreciation
9.39%
Original Mortgage
$247,272
Outstanding Balance
$219,438
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$167,544

Purchase Details

Closed on
Sep 14, 2018
Sold by
Oakley Kathy
Bought by
Oakley Kathy and The Oakley Family Revocable Tr

Purchase Details

Listed on
Dec 30, 2015
Closed on
Oct 20, 2016
Sold by
Forsman Bernard M and Forsman Mary L
Bought by
Oakley Kathy K
Seller's Agent
Jim Jakubek
Berkshire Hathaway HomeServices Advantage Realty - PAYSON
Buyer's Agent
Michelle Nelson
COLDWELL BANKER BISHOP REALTY - PAYSON
List Price
$174,900
Sold Price
$165,000
Premium/Discount to List
-$9,900
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%

Purchase Details

Closed on
Sep 24, 2010
Sold by
Glnln Corporation
Bought by
Forsman Bernard M and Forsman Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,807
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cheatham Kevin A -- Pioneer Title
Oakley Kathy -- None Available
Oakley Kathy K $165,000 Pioneer Title Agency Inc
Forsman Bernard M $165,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheatham Kevin A $247,272
Previous Owner Forsman Bernard M $162,807
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2020 11/13/20 Sold $244,800 -1.7% $199 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/05/2020 09/05/20 Price Changed $249,000 -3.9% $202 / Sq Ft
08/08/2020 08/08/20 Price Changed $259,000 -7.2% $210 / Sq Ft
07/17/2020 07/17/20 For Sale $279,000 +69.1% $226 / Sq Ft
10/28/2016 10/28/16 Sold $165,000 -5.7% $134 / Sq Ft View Prior Sale
08/20/2016 08/20/16 Pending -- -- --
12/30/2015 12/30/15 For Sale $174,900 -- $142 / 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 $1,578 -- -- --
2024 $1,578 $27,034 $4,087 $22,947
2023 $1,578 $15,255 $3,647 $11,608
2022 $1,525 $15,255 $3,647 $11,608
2021 $1,434 $15,255 $3,647 $11,608
2020 $1,372 $0 $0 $0
2019 $1,329 $0 $0 $0
2018 $1,244 $0 $0 $0
2017 $1,157 $0 $0 $0
2016 $1,123 $0 $0 $0
2015 $1,038 $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: 6105162

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-69-008