NOT LISTED FOR SALE

209 E Zurich Dr Payson, AZ 85541

Estimated Value: $531,000 - $576,000

-- Bed
-- Bath
3,500 Sq Ft
$158/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $440,000 $126 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,233/month

27 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • No HOA
  • Double Pane Windows
  • East Facing Home

About This Home

As of June 2021

This property is an ideal set up for a large family, downstairs, with income units upstairs. Ground level has five bedrooms and two baths, with a large deck. Two upstairs apartments are two bedroom, one bath units. Features include a private deck for each unit, a large backyard, front patio and generous entry decks to the upstairs units. The property was in the process of being remodeled into a group home for the elderly and caregivers. There is repair work and some finish work that needs to be performed before occupancy. This is a rare property, that cannot be replicated for the price offered here. Hurry, once it's sold, it's unlikely to be found in this market again.

Last Agent to Sell the Property

Clifford Potts

Berkshire Hathaway HomeServices Advantage Realty - PAYSON License #BR012322000 Listed on: 05/15/2021

Berkshire Hathaway HomeServices Advantage Realty - PAYSON

Last Buyer's Agent

Egor Hunka

Berkshire Hathaway HomeServices Advantage Realty - PAYSON License #SA693702000

Berkshire Hathaway HomeServices Advantage Realty - PAYSON

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,086

Year Built

  • Built in 1984

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 64.84x147.62x65.42x138.89
  • East Facing Home
  • Partially Fenced Property

Parking

  • 5 Parking Spaces

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Oven or Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Refrigerated Cooling System

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • The owner pays for sewer, water
  • Tax Lot 47
  • Assessor Parcel Number 302-72-047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,086

Year Built

Built in 1984

Lot Details

0

Listing Details

  • FILLACRES: 0.21
  • Estimated Sq Ft: 3500.00
  • Assessor Parcel Number: 047
  • House Faces: E
  • Directions: State Route 87 (Beeline Hwy.) To Zurich Dr., East to Property, Sign on.
  • Listing Member Name: Clifford Potts
  • Listing Office Short Id: 4
  • List Type: Exclusive ARS
  • Lot Street Improvem: Blacktop Street
  • Open House Office I D: 20121002182515019655000000
  • Property Sub Type: Duplex/Triplex
  • Prop. Type: Multi-Family
  • Selling Member Short Id: ih905
  • Selling Office Short Id: 4
  • Sub Code: Chalet Village 1 - 4
  • Tract Suffix: Drive
  • Warranty Program: No
  • Year Built: 1984
  • Property Features: Partially Fenced
  • Income Sales Info Cap Rate: CLO
  • Income Sales Info Down Payment: CLO
  • Income Sales Info Net Operating Income: 0 - 5,999
  • Loan Info1 St Assumable: No
  • Loan Info Accelerate: No
  • Loan Info Must Qualify: No
  • Type Style: Two Story
  • Existing Finance Fee: N/A - Other
  • Utilties Available: Cable TV/Satellite, Electricity, Individual Meter, Internet Hook Up, Propane Piped, Sewer Hooked In, Telephone, Town of Payson Water, Trash, Underground Util
  • Special Features: None

Interior Features

  • Floor Type: Wood
  • Floor Covering: Carpeting, Vinyl
  • Foreclosure: No
  • Interior Amenities: Dual Pane Windows, Laundry Area, Range/Oven
  • Legal Description: LOT 47, CHALET VILLAGE, PLAT 518, Gila County, AZ

Exterior Features

  • Exterior Construction: Wood Frame
  • Exterior Features: Covered Patio, Covered Porch/Deck, Patio, Storage Unit
  • Flood Zone: None
  • Lot Number: 47
  • Roof: Asphalt/Comp Shingle
  • Exterior Construction: Stucco, Wood

Garage/Parking

  • Garage/Carport Description: None
  • Number Parking Spaces: 5.00

Utilities

  • Cooling: Central, Electric Refrig.
  • Heating: Electric, Forced Air

Condo/Co-op/Association

  • HOA: No
  • Condo Management: Owner/Family
  • Number of Units: 3

Fee Information

  • Taxes: 2086.00

Lot Info

  • Assessor Parcel Number: 302-72-047
  • Lot Dimensions: 64.84x147.62x65.42x138.89
  • Zoning: R3
  • Land Size: 0.21

Building Info

  • Building Size: 3500.00

Rental Info

  • Included In Rent: Sewer, Water

Tax Info

  • Year: 2020

Multi Family

  • Vacancy Percentage: 100.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Jun 19, 2021
Sold by
Gillan Norman and Gillan Patrick M
Bought by
Sawtelle Michael
Seller's Agent
Clifford Potts
Berkshire Hathaway HomeServices Advantage Realty - PAYSON
Buyer's Agent
Egor Hunka
Berkshire Hathaway HomeServices Advantage Realty - PAYSON
List Price
$480,000
Sold Price
$440,000
Premium/Discount to List
-$40,000
-8.33%
Current Estimated Value
$554,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,198
Avg. Annual Appreciation
6.06%
Original Mortgage
$400,000
Outstanding Balance
$368,400
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$192,557

Purchase Details

Closed on
Sep 17, 2008
Sold by
Kinney Shalyn R
Bought by
Kinney Shalyn R

Purchase Details

Closed on
Sep 27, 2007
Sold by
Baptist Pamela M
Bought by
Kinney Cheryl Ann
Source: Public Records

Range of Values:

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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
Sawtelle Michael $440,000 Pioneer Title Agency Inc
Kinney Shalyn R -- None Available
Kinney Cheryl Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sawtelle Michael $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $440,000 -8.3% $126 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $480,000 -- $137 / Sq Ft
Source: Central Arizona Association of REALTORS®

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 $2,386 -- -- --
2024 $2,386 $48,441 $4,629 $43,812
2023 $2,386 $59,686 $6,684 $53,002
2022 $2,313 $38,258 $6,684 $31,574
2021 $2,171 $25,506 $4,456 $21,050
2020 $2,086 $0 $0 $0
2019 $2,025 $0 $0 $0
2018 $1,905 $0 $0 $0
2017 $1,919 $0 $0 $0
2016 $2,016 $0 $0 $0
2015 $2,452 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Arizona Association of REALTORS®

MLS Number: 84730

Central Arizona Association of REALTORS®

APN: 302-72-047