NOT LISTED FOR SALE

1301 N Chennault Pkwy Unit 99 Payson, AZ 85541

Estimated Value: $198,000 - $212,277

0.46 Acre
$445,954 Price per Acre
20,038 Sq Ft Lot

Last Sold March 15, 2018

Last sale price $87,500

Est. 134% increase in value since last sale

Current estimated payment $1,117/month

1,430 Days on Market

About This Lot

As of March 2018

Fantastic opportunity to purchase +/-0.42 to +/-1.32 acres lot in highly successful Mazatzal Mountain Airpark. Many lots border the Tonto National Forest. Great views and good access to mountain trails for hiking, hunting and biking. You can taxi your airplane to your home. The lots are all on easy build terrain. Please be aware although there is no HOA, there is an Architectural Control Committee for the Airpark. SELLER REQUIRES SECURITY TITLE AGENCY, 4722 N. 24TH STREET SUITE 200, PHOENIX, AZ 85016 TO BE USED AS TITLE COMPANY.

Last Agent to Sell the Property

Rory Huff

ERA-Young Realty & Investment License #BR521169000 Listed on: 03/18/2014

Last Buyer's Agent

Mary Wilson

HomeSmart License #SA630233000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,608

Lot Details

  • 0.46

Additional Features

  • Mountain Views
  • 0.46 Acre Lot

Community Details

  • No Home Owners Association
  • Mazatzal Mountain Air Park Unit 4 Subdivision

Listing and Financial Details

  • Tax Lot 99
  • Assessor Parcel Number 302-89-099

Property Details

Property Type

Land

Est. Annual Taxes

$1,608

Lot Details

0

Listing Details

  • Property Type: Land
  • Zoning: Residential
  • Tax Year: 2013
  • Lot Size Acres: 0.46
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: Mazatzal Mountain Air Park Unit 4
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: See Remarks, Other, Mountain View(s)

Utilities

  • Electric: APS, Underground
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 20038.0
  • Additional Parcels: No
  • Parcel #: 302-89-099
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1608.0
  • Tax Book Number: 302.00
  • Tax Lot: 99
  • Tax Map Number: 89.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2014
Closed on
Mar 13, 2018
Sold by
Ce Residential 4 Llc
Bought by
Castro Arturo V and Castro Carina A
Seller's Agent
Rory Huff
ERA-Young Realty & Investment
Buyer's Agent
Mary Wilson
HomeSmart
List Price
$90,000
Sold Price
$87,500
Premium/Discount to List
-$2,500
-2.78%
Current Estimated Value
$205,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,639
Avg. Annual Appreciation
11.65%
Original Mortgage
$70,000
Outstanding Balance
$61,257
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$143,882

Purchase Details

Closed on
Dec 18, 2013
Sold by
Cal Mazatzal Mountain Lots Llc
Bought by
Ce Residential #4 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
4.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Castro Arturo V $87,500 Security Title Co
Ce Residential #4 Llc $847,500 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Arturo V $70,000
Previous Owner Ce Residential #4 Llc $775,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2018 03/15/18 Sold $87,500 -2.8% --
02/09/2018 02/09/18 Pending -- -- --
08/10/2017 08/10/17 Price Changed $90,000 0.0% --
03/12/2014 03/12/14 For Sale $90,000 -- --
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 $460 -- -- --
2024 $460 $16,434 $12,597 $3,837
2023 $460 $12,851 $9,196 $3,655
2022 $446 $12,677 $9,196 $3,481
2021 $418 $12,511 $9,196 $3,315
2020 $402 $0 $0 $0
2019 $390 $0 $0 $0
2018 $367 $0 $0 $0
2017 $342 $0 $0 $0
2016 $335 $0 $0 $0
2015 $342 $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: 5086452

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-89-099