NOT LISTED FOR SALE

Estimated Value: $440,000 - $456,000

2 Beds
1 Bath
640 Sq Ft
$699/Sq Ft Est. Value

Last Sold December 05, 2018

Last sale price $225,000 $352 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,555/month

9 Days on Market

Highlights

  • Horses Allowed On Property
  • No HOA
  • 1.5 Car Detached Garage
  • Granite Countertops
  • Balcony
  • Cooling Available

About This Home

As of December 2018

Updated Cabin Retreat in the cool pines of Forest Lakes Estates. At over 7,500 ft, elevation, the Mogollon Rim offers the much needed retreat from the Hot Desert Heat...From cool morning walks through the Forest to evening sunsets by one of several Trout stocked lakes within a few miles of the community. This Home is on ONE Acre (43,560 sq ft) on the quiet loop of Mineral Drive with NO HOA! The cabin has a great room floor-plan with 2 Bedrooms, 1 Full Bath, recently updated! The kitchen has been updated with new cabinets, Granite Counter tops, & Stainless steel appliances. There is also a GARAGE, Storage Shed & Gazebo on-site. Wood outside the door to burn in the Wood Burning Stove. Two enclosed patios for extra living space or storage. Come See for yourself all this home has to offer!

Last Agent to Sell the Property

Dennis Justice

West USA Realty License #SA646283000 Listed on: 10/05/2018

West USA Realty

Co-Listed By

Heather Justice

West USA Realty License #SA634502000

Last Buyer's Agent

Rick Black

West USA Realty License #BR102268000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,193

Year Built

  • Built in 1970

Lot Details

  • 1

Parking

  • 1.5 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Free Standing Fireplace
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 1 Bathroom

Outdoor Features

  • Balcony
  • Patio
  • Fire Pit
  • Outdoor Storage

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • High Speed Internet

Additional Features

  • No Interior Steps
  • 1 Acre Lot
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 156
  • Assessor Parcel Number 403-42-065

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Forest Lakes Subdivision

Amenities

  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,193

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Cross Street: Old Rim Rd. & Mineral Drive
  • Legal Info Range: 14E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2017
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2017
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 1.5
  • Separate Den Office Sep Den Office: N
  • Year Built: 1970
  • Tax Year: 2017
  • Directions: From Payson follow Highway State Route 260 East approx. 35 miles to a Left turn onto Merzville Rd., turn Right onto Old Rim Rd., turn Left onto Mineral Dr. and follow to property on the Right.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.0
  • Co List Office Mls Id: rebri01
  • Co List Office Phone: 480-756-0000
  • Subdivision Name: FOREST LAKES
  • Architectural Style: Other, Ranch
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Freestnd Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Fire Pit, 1 Fireplace, Free Standing, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Breakfast Bar, No Interior Steps, Pantry
  • Living Area: 640.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Storage
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame
  • Other Structures: Gazebo
  • Patio And Porch Features: Patio
  • Roof: Composition, Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 1.5
  • Parking Features: Detached
  • Attached Garage: No
  • Garage Spaces: 1.5
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Ceiling Fan(s), Other, See Remarks
  • Heating: Electric
  • Laundry Features: None
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes
  • Main Cooling Other: 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

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: 43560.0
  • Parcel #: 403-42-065

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1193.3
  • Tax Book Number: 403.00
  • Tax Lot: 156
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2021
Sold by
Black Richard F
Bought by
Black Richard F and Black Trust
Current Estimated Value
$447,667

Purchase Details

Closed on
Apr 18, 2019
Sold by
Dunn Nicole
Bought by
Dunn Trust

Purchase Details

Listed on
Oct 5, 2018
Closed on
Nov 7, 2018
Sold by
Jacob Aerin C
Bought by
Black Richard F and Dunn Nicole
Seller's Agent
Dennis Justice
West USA Realty
Buyer's Agent
Rick Black
West USA Realty
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%
Original Mortgage
$180,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2007
Sold by
Rutan John J
Bought by
Jacob Aerin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2007
Sold by
Jacob Jeannine
Bought by
Jacob Aerin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 1997
Sold by
Campbell Donald B
Bought by
Rutan John J

Purchase Details

Closed on
Apr 19, 1995
Sold by
Gaudy Emma Jane
Bought by
Rutan John J
Source: Public Records

Range of Values:

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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
Black Richard F -- None Available
Dunn Trust -- None Available
Black Richard F $225,000 Chicago Title Agency
Jacob Aerin C $190,000 Fidelity National Title
Jacob Aerin C -- Fidelity National Title
Rutan John J -- Security Title Agency
Rutan John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Richard F $223,000
Closed Black Richard F $180,000
Previous Owner Jacob Aerin C $171,000
Previous Owner Jacob Aerin C $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2018 12/05/18 Sold $225,000 -6.3% $352 / Sq Ft
10/11/2018 10/11/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $240,000 -- $375 / 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 $1,602 $36,769 -- --
2024 $1,602 $34,650 -- --
2023 $1,414 $26,312 $0 $0
2022 $1,414 $18,576 $0 $0
2021 $1,369 $16,918 $0 $0
2020 $1,295 $16,619 $0 $0
2019 $1,269 $15,263 $0 $0
2018 $1,225 $13,588 $0 $0
2017 $1,193 $12,980 $0 $0
2016 $1,119 $12,332 $0 $0
2015 $963 $12,016 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5828120

Arizona Regional Multiple Listing Service (ARMLS)

APN: 403-42-065