NOT LISTED FOR SALE

256 S Leisure Rd Payson, AZ 85541

Estimated Value: $611,000 - $847,000

4 Beds
2 Baths
2,720 Sq Ft
$273/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $440,000 $162 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,365/month

181 Days on Market

Highlights

  • Horses Allowed On Property
  • Wood Flooring
  • Double Oven
  • Mountain View
  • Covered Patio or Porch
  • Separate Outdoor Workshop

About This Home

As of December 2020

Check out this private and rare hidden gem! It's all in the location and this might just be a ''Once in a Lifetime Opportunity'' to own this 1.43 acre level property. Located 35 miles northeast of Payson at the bottom of the Mogollon Rim, with an elevation of 6,400 feet which is comfortable and cozy year round. BONUS....The roads are county maintained so you have year round access!

Last Agent to Sell the Property

Erin C. Reed

C5 Realty & Property Management License #BR556157000 Listed on: 04/21/2020

Last Buyer's Agent

Erin C. Reed

C5 Realty & Property Management License #BR556157000 Listed on: 04/21/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,929

Year Built

  • Built in 1984

Lot Details

  • 1.42 Acre Lot
  • Lot Dimensions are 184.49x151.08x240x230x172.27
  • Rural Setting
  • Property is zoned GU

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,720 Sq Ft Home
  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Mountain Views
  • Attic Fan

Kitchen

  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Propane Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • Voluntary home owners association

Listing and Financial Details

  • Assessor Parcel Number 303-17-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,929

Year Built

Built in 1984

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • FILLACRES: 1.42
  • Estimated Sq Ft: 2720.00
  • Estimated Sq Ft Range: 2501 - 3000
  • Assessor Parcel Number: 016
  • Total Bathrooms: 2.00
  • Directions: HWY 260 & Colcord RD Directions: From Payson head East on Hwy 260 approximately 26 miles, to The Colcord Road turn off, Turn right on Colcord and follow to the end approx 6 miles to Pondarosa Springs Subdivision.
  • Fencing Wire Fence: YES
  • Fireplace Wood Stove: Fireplace, Fireplace w/Insert, In Living Room
  • HOA Fees: 25.00
  • Listing Member Name: Erin C Reed
  • Listing Office Short Id: c5796
  • List Type: Exclusive ARS
  • Lot Street Improvem: Gravel Street
  • Open House Office I D: 20190927150545775448000000
  • Property Sub Type: Site Built
  • Prop. Type: Residential
  • Selling Member Short Id: er431
  • Selling Office Short Id: c5796
  • Building Style: Two Story
  • Sub Code: Ponderosa Springs
  • Sub Floor Type: Wood
  • Tract Suffix: Lane
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Floor Covering: Carpeting, Laminate, Wood
  • Basement Full Bathrooms: 2
  • Lower Floor 1 Bedrooms: 4
  • Dining Room: Kitchen-Dining Combo
  • Fireplace Stove: Yes
  • Foreclosure: No
  • Interior Amenities: Dual Pane Window
  • Kitchen Features: Dishwasher, Double Oven, Electric Range, Microwave, Pantry, Refrigerator
  • Laundry: Dryer, Washer
  • Legal Description: Ponderosa Springs Unit 2 Lot 16
  • Entry Location: Rural
  • Other Rooms: Family Room
  • Source of Sq Ft: Assessor

Exterior Features

  • Exterior Construction: Wood Frame
  • Exterior Features: Covered Patio, In the Trees, Patio, Porch/Deck, Satellite Dish, Storage/Utility Shed, View of Mountains, Work Shop
  • Flood Zone: None
  • Horses Allowed On Property: Yes
  • Roof: Metal
  • Exterior Construction: Wood
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Garage Capacity: 2.00
  • Parking Features: Detached, Garage Only

Utilities

  • Cooling: Attic Fan
  • Heating: Fireplace/Woodstove, Forced Air, Propane
  • Utilities Available: Cable TV/Satellite, Electricity, Private Well, Propane Tank Incl, Septic Tank Installed
  • Water Heater: Propane

Condo/Co-op/Association

  • HOA: Voluntary
  • Master HOA Frequency: Year
  • Homeowners Assoc: Rental Restrictions

Fee Information

  • Taxes: 3929.00

Lot Info

  • Assessor Parcel Number: 303-17-016
  • Lot Dimensions: 184.49x151.08x240x230x172.27
  • Zoning: GU

Tax Info

  • Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2025
Sold by
Heger James A
Bought by
James Albert Heger Living Trust and Heger
Current Estimated Value
$742,464

Purchase Details

Closed on
Dec 19, 2023
Sold by
Murray Bryon Robert and Veesha Elizabeth
Bought by
Heger James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,225
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2020
Closed on
Dec 8, 2020
Sold by
Ptak Lavalle D and Ptak Patricia C
Bought by
Murray Bryon Robert and Murray Veesha Elizabeth
Seller's Agent
Erin C. Reed
C5 Realty & Property Management
Buyer's Agent
Erin C. Reed
C5 Realty & Property Management
List Price
$525,000
Sold Price
$440,000
Premium/Discount to List
-$85,000
-16.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%
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
James Albert Heger Living Trust -- None Listed On Document
Heger James A -- Lawyers Title
Murray Bryon Robert $440,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heger James A $632,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $440,000 -16.2% $162 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
04/21/2020 04/21/20 For Sale $525,000 -- $193 / 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 $4,184 -- -- --
2024 $4,184 $44,770 $5,700 $39,070
2023 $4,184 $30,413 $7,592 $22,821
2022 $4,118 $32,236 $7,592 $24,644
2021 $3,892 $32,236 $7,592 $24,644
2020 $4,292 $0 $0 $0
2019 $4,090 $0 $0 $0
2018 $3,929 $0 $0 $0
2017 $3,797 $0 $0 $0
2016 $3,669 $0 $0 $0
2015 $3,919 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Arizona Association of REALTORS®

MLS Number: 82303

Central Arizona Association of REALTORS®

APN: 303-17-016