NOT LISTED FOR SALE

1500 W Red Baron Rd Payson, AZ 85541

Estimated Value: $1,690,614

-- Bed
-- Bath
-- Sq Ft
1.96 Acres

Last Sold September 10, 2019

Last sale price $1,004,000

Est. 68% increase in value since last sale

Current estimated payment $9,190/month

10 Days on Market

About This Home

As of September 2019

Great investment opportunity that requires very little management. The property has virtually no vacancies with a waiting list of potential clients. There is a security fence around the whole property. The 5th wheel trailer serves as the office. Current manager comes with the property. Where else can you find an investment property that has an 8% cap rate that requires next to no maintenance? LISTING AGENT MUST BE PRESENT TO SHOW. DO NOT DISTURB CURRENT MANAGER.

Last Agent to Sell the Property

Rory Huff

ERA-Young Realty & Investment License #BR521169000 Listed on: 07/02/2019

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,674

Year Built

  • Built in 1996

Lot Details

  • 1.96 Acre Lot
  • Chain Link Fence
  • Property is zoned M-1

Utilities

  • Heating System Uses Natural Gas

Community Details

  • Sky Park Industrial Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 302-77-018

Property Details

Property Type

Other

Est. Annual Taxes

$3,674

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: M-1
  • Current Use: Mini-Storage
  • Year Built: 1996
  • Tax Year: 2018
  • Directions: Hwy 87 north to Airport Rd, turn left on Airport Rd, go past airport to Earhart, turn right to Red Baron, turn right on Red Baron to property on left.
  • Lot Size Acres: 1.96
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Subdivision Name: Sky Park Industrial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: Chain Link
  • Construction Type: Other, See Remarks
  • Roof: Other, See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Individual Meter, APS
  • Cooling: Office A/C
  • Heating: Natural Gas
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Office Heated: Yes

Lot Info

  • Lot Size Sq Ft: 85378.0
  • Additional Parcels: No
  • Parcel #: 302-77-018
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Leasable Area: 100.0

Tax Info

  • Tax Annual Amount: 3674.36
  • Tax Book Number: 302.00
  • Tax Lot: 18
  • Tax Map Number: 77.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2021
Sold by
H & M Land Storage Llc
Bought by
Rim Country Partners Llc
Current Estimated Value
$1,690,614

Purchase Details

Listed on
Jul 2, 2019
Closed on
Sep 7, 2019
Sold by
Margery Investments Llc
Bought by
H & M Land Storage Llc
Seller's Agent
Rory Huff
ERA-Young Realty & Investment
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$944,000
Sold Price
$1,004,000
Premium/Discount to List
$60,000
6.36%

Purchase Details

Closed on
Dec 12, 2007
Sold by
Hale Glenn F and Hale Terry D
Bought by
Margery Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.26%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rim Country Partners Llc $1,400,000 Pioneer Title Agency
H & M Land Storage Llc $1,004,000 Pioneer Title Agency
Margery Investments Llc -- Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Margery Investments Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2019 09/10/19 Sold $1,004,000 +6.4% --
07/06/2019 07/06/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $944,000 -- --
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 $2,717 -- -- --
2024 $2,717 $38,608 $23,570 $15,038
2023 $2,717 $26,416 $13,160 $13,256
2022 $2,710 $18,141 $13,160 $4,981
2021 $2,748 $18,141 $13,160 $4,981
2020 $2,772 $0 $0 $0
2019 $2,755 $0 $0 $0
2018 $3,674 $0 $0 $0
2017 $3,567 $0 $0 $0
2016 $3,494 $0 $0 $0
2015 $3,972 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rory Huff

    Seller's Agent in 2019

    Rory Huff

    ERA-Young Realty & Investment

    (928) 474-4554

    241 Total Sales

    Rory Huff
    Section Image

  • N

    Buyer's Agent in 2019

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5947047

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-77-018

Arizona Gila County Payson 85541

1500 W Red Baron Rd, Payson, AZ

This home is located at 1500 W Red Baron Rd, Payson, AZ 85541 since 02 July 2019 and is currently priced at $1,690,614. This property was built in 1996. 1500 W Red Baron Rd 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

Nearby Homes