NOT LISTED FOR SALE

1905 E Rainbow Trail Payson, AZ 85541

Estimated Value: $571,000 - $587,755

4 Beds
3.5 Baths
2,055 Sq Ft
$282/Sq Ft Est. Value

Last Sold September 25, 2024

Last sale price $588,500 $286 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,101/month

73 Days on Market

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • Cul-De-Sac
  • Main Floor Primary Bedroom
  • 2 Car Direct Access Garage
  • Eat-In Kitchen

About This Home

As of September 2024

BRAND NEW - UNDER CONSTRUCTION Dream Home on the Rim in Payson - surrounded by gorgeous custom homes and less than 7 min from Renowned Golf Club at Chaparral Pines & The Rim Club, less than a mile from Safeway grocery store and convenient shopping, dining, gas & bank. Buyers able to select Cabinet Color, Granite Color, Interior & Exterior Paint and Flooring if under contract before install. Not much around here under $700K so hurry - estimated time of completion 08/01/2024- just in time to enjoy for the summer! Additional Photos of this home will be posted as it progresses. Buyer to verify all facts & figures.

Last Agent to Sell the Property

Tina Garcia

eXp Realty License #SA571271000 Listed on: 07/05/2024

eXp Realty

Co-Listed By

Steel Jobe

eXp Realty License #SA705409000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $439

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 6,785 Sq Ft Lot
  • Desert faces the front of the property
  • Cul-De-Sac

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,055 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Patio

Community Details

  • Association fees include street maintenance
  • Highlands At The Rim Association
  • Built by Grayson Development
  • Highlands The Rim Subdivision

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 304-61-094

Home Details

Home Type

Single Family

Est. Annual Taxes

$439

Year Built

Built in 2024 | Under Construction

Lot Details

0

HOA Fees

$28 per month

Parking

2

Listing Details

  • Cross Street: Highway 260/Rim Club
  • Legal Info Range: 10E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 27.5
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2024
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: reog02
  • Co List Office Phone: 480-321-8100
  • Subdivision Name: HIGHLANDS THE RIM
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 286.37
  • Association Fees:HOA Fee2: 330.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, Eat-in Kitchen, 9+ Flat Ceilings, Full Bth Master Bdrm
  • Living Area: 2055.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane, Vinyl Frame
  • Kitchen Features:RangeOven Elec: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Lot Features: North/South Exposure, Desert Front, Cul-De-Sac, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame
  • Patio And Porch Features: Patio
  • Property Condition: Under Construction
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 330.0
  • Association Fee Frequency: Annually
  • Association Name: Highlands at the Rim
  • Phone: hatrca@gmail.com
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Highlands at the Rim
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 100.0
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Street Maint

Schools

  • Elementary School: Out of Maricopa Cnty
  • High School: Out of Maricopa Cnty
  • Junior High Dist: Payson Unified District
  • Middle Or Junior School: Out of Maricopa Cnty

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6785.0
  • Parcel #: 304-61-094

Building Info

  • Builder Name: Grayson Development

Tax Info

  • Tax Annual Amount: 439.0
  • Tax Book Number: 304.00
  • Tax Lot: 94
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2024
Closed on
Sep 19, 2024
Sold by
Grayson Llc
Bought by
Labonte Susan D and Labonte Denis L
Seller's Agent
Tina Garcia
eXp Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$699,000
Sold Price
$588,500
Premium/Discount to List
-$110,500
-15.81%
Views
21
Current Estimated Value
$579,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,122
Avg. Annual Appreciation
-1.30%
Original Mortgage
$470,800
Outstanding Balance
$464,592
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$114,786

Purchase Details

Closed on
Aug 6, 2014
Sold by
Mazzoni Gregory
Bought by
Red Deer Llc

Purchase Details

Closed on
Jun 27, 2014
Sold by
Fordon Theodore Joy
Bought by
Mazzoni Greg

Purchase Details

Closed on
Aug 19, 2013
Sold by
Fordon Theodore Joy
Bought by
Mqazzoni Gregory

Purchase Details

Closed on
Dec 6, 2012
Sold by
Mazzoni Greg
Bought by
Fordon Theodore Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
3.35%
Mortgage Type
Seller Take Back
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
Labonte Susan D $588,500 Pioneer Title
Red Deer Llc $23,000 Pioneer Title Agency
Mazzoni Greg -- Pioneer Title Agency
Mqazzoni Gregory -- None Available
Fordon Theodore Joy $37,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labonte Susan D $470,800
Previous Owner Fordon Theodore Joy $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2024 09/25/24 Sold $588,500 -15.8% $286 / Sq Ft
07/07/2024 07/07/24 For Sale $699,000 -- $340 / 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 $439 -- -- --
2024 $439 $12,359 $8,694 $3,665
2023 $439 $11,227 $7,737 $3,490
2022 $426 $9,163 $5,839 $3,324
2021 $400 $9,005 $5,839 $3,166
2020 $384 $0 $0 $0
2019 $373 $0 $0 $0
2018 $351 $0 $0 $0
2017 $327 $0 $0 $0
2016 $320 $0 $0 $0
2015 $311 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tina Garcia

    Seller's Agent in 2024

    Tina Garcia

    eXp Realty

    (602) 451-8462

    71 Total Sales

    Tina Garcia
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Steel Jobe

    eXp Realty

    (480) 310-5109

    8 Total Sales

    Steel Jobe
    Section Image

  • N

    Buyer's Agent in 2024

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6728147

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-61-094

Arizona Gila County Payson 85541

1905 E Rainbow Trail, Payson, AZ

Not Listed for Sale

Detached

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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