NOT LISTED FOR SALE

197 N Majestic Elk Ln Payson, AZ 85541

Estimated Value: $467,000 - $1,109,000

-- Bed
-- Bath
3,645 Sq Ft
$222/Sq Ft Est. Value

About This Home

This home is located at 197 N Majestic Elk Ln, Payson, AZ 85541 and is currently estimated at $807,891, approximately $221 per square foot. 197 N Majestic Elk Ln is a home with nearby schools including Julia Randall Elementary School, Payson Elementary School, and Rim Country Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2023
Sold by
Sothan Devin and Sothan Lori
Bought by
Devin And Lori Sothan Family Trust and Sothan
Current Estimated Value
$807,891

Purchase Details

Closed on
Jul 13, 2021
Sold by
Devin And Lori Sothan Family Trust
Bought by
Sothan Devin and Sothan Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2015
Sold by
Sothan Devin R and Sothan Lori L
Bought by
Sothan Devin and Sothan Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,200
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2009
Sold by
Phillips Michael W and Phillips Sandra J
Bought by
Sothan Devin Reed and Sothan Lori Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2008
Sold by
Reach Kevin S and Reach Erin
Bought by
Phillips Michael W and Phillips Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.37%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 23, 2006
Sold by
Sothan Devin R and Sothan Lori L
Bought by
The Devin & Lori Sothan Family Trust

Purchase Details

Closed on
May 17, 2005
Sold by
Small Leo A and Small Shelle D
Bought by
Reach Kevin and Reach Erin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Devin And Lori Sothan Family Trust -- None Listed On Document
Sothan Devin -- Amrock
Sothan Devin -- None Available
Sothan Devin -- Dhi Title Agency
Sothan Devin R -- First American Title Ins Co
Sothan Devin Reed $345,000 Pioneer Title Agency
Phillips Michael W -- Pioneer Title Agency
The Devin & Lori Sothan Family Trust -- None Available
Reach Kevin $104,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sothan Devin $175,000
Previous Owner Sothan Devin R $248,200
Previous Owner Sothan Devin Reed $276,000
Previous Owner Phillips Michael W $210,000
Source: Public Records

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 $5,945 -- -- --
2024 $5,945 $69,748 $6,578 $63,170
2023 $5,945 $54,803 $5,820 $48,983
2022 $5,697 $58,160 $10,088 $48,072
2021 $5,514 $58,160 $10,088 $48,072
2020 $5,380 $0 $0 $0
2019 $5,160 $0 $0 $0
2018 $5,035 $0 $0 $0
2017 $4,786 $0 $0 $0
2016 $4,666 $0 $0 $0
2015 $4,457 $0 $0 $0
Source: Public Records

Map

Arizona Gila County Payson 85541

197 N Majestic Elk Ln, Payson, AZ

Not Listed for Sale

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