NOT LISTED FOR SALE

1416 E Cedar Ln Payson, AZ 85541

Estimated Value: $767,106 - $805,000

4 Beds
3 Baths
2,622 Sq Ft
$302/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $535,000 $204 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,456/month

390 Days on Market

Highlights

  • Above Ground Spa
  • Contemporary Architecture
  • No HOA
  • RV Garage
  • Furnished
  • 5 Car Detached Garage

About This Home

As of November 2018

Reduced $95.000! Take advantage of their desire to move on! This property has amazing views and is a great primary,secondary or investment property. Open and covered decks will give you endless hours of enjoyment of the surrounding area. The main home is 2,222 square feet with an open floor plan, master suite on the main level and attached 2 car garage. There is one nicely sized bonus room on the lower level which has access to the exterior and is great for overflow, den, artist's room or VRBO. There is also a 50x30 RV garage with workshop and guest quarters on the upper level with two bedrooms and full bath, plus deck for overflow or maybe a bed and breakfast or again, VRBO. This area is included in the sq of the property. RV Hookup too! Firepit, and water feature also!

Last Agent to Sell the Property

Sally Canntrill

AZ Referral Network License #BR501699000 Listed on: 09/28/2017

AZ Referral Network

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,122

Year Built

  • Built in 1995

Lot Details

  • 1.5 Acre Lot
  • Desert faces the front of the property

Parking

  • 5 Car Detached Garage
  • 4 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • RV Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Siding

Interior Spaces

  • 2,622 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Additional Features

  • Stepless Entry
  • Above Ground Spa

Community Details

  • No Home Owners Association
  • Built by JFC

Listing and Financial Details

  • Assessor Parcel Number 304-01-366-E

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,122

Year Built

Built in 1995

Lot Details

0

Parking

5

Listing Details

  • Cross Street: Phoenix/Mud Springs
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1995
  • Tax Year: 2016
  • Directions: From Highway 87, go east on Phoenix Street, North on Mud Springs, right onto Cedar. Turn left onto Cow Path to the end.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 1.5
  • Subdivision Name: N/A
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Tax Parcel Letter: E
  • ResoBuildingAreaSource: Owner
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Walk-Out Access
  • Flooring: Carpet, Stone
  • Spa Features: Above Ground
  • Accessibility Features: Zero-Grade Entry
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Breakfast Bar, Furnished(See Rmrks), Pantry, 3/4 Bath Master Bdrm, Double Vanity
  • Living Area: 2622.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Owner
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Separate Workshop: Yes
  • Basement Description:Walkout: Yes
  • Basement Description:Finished2: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Gravel/Stone Front, Natural Desert Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Siding, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Attch'd Gar Cabinets, Over Height Garage, Detached, RV Access/Parking, RV Garage
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Open Parking Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:RV Garage: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric, Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: Well
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • 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: 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: 65340.0
  • Parcel #: 304-01-366-E
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: JFC

Tax Info

  • Tax Annual Amount: 3122.2
  • Tax Book Number: 304.00
  • Tax Lot: 0
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2020
Sold by
Lane Steven A and Kerpa Deborah A
Bought by
Lane Steven A and Kerpa Deborah A
Current Estimated Value
$790,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$251,986
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$610,157

Purchase Details

Closed on
Oct 30, 2020
Sold by
Lane Steven A and Kerpa Deborah A
Bought by
Lane Steven A and Kerpa Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$251,986
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$610,157

Purchase Details

Listed on
Sep 28, 2017
Closed on
Nov 20, 2018
Sold by
Gorman Patrick C and Gorman Linda C
Bought by
Lane Steven A and Kerpa Deborah A
Seller's Agent
Sally Canntrill
AZ Referral Network
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$628,800
Sold Price
$535,000
Premium/Discount to List
-$93,800
-14.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%
Original Mortgage
$270,000
Interest Rate
4.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lane Steven A -- Accommodation
Lane Steven A -- Pioneer Title Agency Inc
Lane Steven A $535,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Steven A $280,000
Previous Owner Lane Steven A $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2018 11/26/18 Sold $535,000 -3.6% $204 / Sq Ft
10/23/2018 10/23/18 Pending -- -- --
10/16/2018 10/16/18 Price Changed $555,000 -2.6% $212 / Sq Ft
09/12/2018 09/12/18 Price Changed $569,900 -3.4% $217 / Sq Ft
08/13/2018 08/13/18 Price Changed $589,900 -1.7% $225 / Sq Ft
05/28/2018 05/28/18 Price Changed $599,900 -4.6% $229 / Sq Ft
04/01/2018 04/01/18 For Sale $628,800 +17.5% $240 / Sq Ft
04/01/2018 04/01/18 Off Market $535,000 -- --
02/11/2018 02/11/18 Price Changed $628,800 -3.0% $240 / Sq Ft
02/04/2018 02/04/18 Price Changed $648,420 -1.7% $247 / Sq Ft
10/19/2017 10/19/17 Price Changed $659,900 -2.2% $252 / Sq Ft
09/28/2017 09/28/17 For Sale $675,000 -- $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 $3,356 -- -- --
2024 $3,356 $59,198 $14,548 $44,650
2023 $3,356 $53,580 $14,377 $39,203
2022 $3,247 $38,523 $8,450 $30,073
2021 $3,228 $57,785 $12,675 $45,110
2020 $3,083 $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: 5666345

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-01-366O