NOT LISTED FOR SALE

2603 E Pine Island Ln Payson, AZ 85541

Estimated Value: $912,582 - $1,160,000

4 Beds
4 Baths
3,274 Sq Ft
$317/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $423,740 $129 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $6,407/month

282 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Family Room with Fireplace
  • Fitness Center
  • Clubhouse
  • Vaulted Ceiling

About This Home

As of May 2016

This home is serenely nestled amongst majestic Ponderosa Pine in Pine Island of the Chaparral Pines golf community! Come enjoy this 4 bedroom/4 bath forest sanctuary which hosts a split floor plan both upstairs and downstairs. The beautiful finishes of hardwood floors, stone-clad fireplace, granite counter tops in the kitchen and all four bathrooms, stainless steel appliances and so many other luxury finishes are unsurpassed. This home is the perfect second home get-away or with all the storage space, your perfect mountain retreat! This home also has a Control 4 Smart Home System! Furniture available by separate agreement. Choice of membership is available from the club.

Last Agent to Sell the Property

Wendy Larchick

Keller Williams Arizona Realty License #BR538058000 Listed on: 07/03/2015

Keller Williams Arizona Realty

Last Buyer's Agent

Wendy Larchick

Keller Williams Arizona Realty License #BR538058000 Listed on: 07/03/2015

Keller Williams Arizona Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,166

Year Built

  • Built in 2006

Lot Details

  • 6,970 Sq Ft Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property

HOA Fees

  • $143 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stone Exterior Construction

Interior Spaces

  • 3,274 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Walk-Out Basement
  • Smart Home

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 302-88-006

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Chaparral Pines HOA, Phone Number (928) 472-9068
  • Pine Island At Chaparral Pines Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,166

Year Built

Built in 2006

Lot Details

0

HOA Fees

$143 per month

Parking

2

Listing Details

  • Cross Street: HWY 260 East/Chaparral Pines Drive
  • Legal Info Range: 10
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 142.67
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2015
  • Directions: From Phoenix, HWY 87 North for 60 miles to Payson. Then take HWY 260 East two miles, the Chaparral Pines golf community will be on your left, proceed to the gatehouse for directions to the property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: PINE ISLAND AT CHAPARRAL PINES
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 428.0
  • Special Features: VirtualTour

Interior Features

  • Basement: Walk-Out Access
  • Flooring: Carpet, Tile, Wood
  • Basement YN: Yes
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Family Room, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Furnished(See Rmrks), Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm, Double Vanity, Smart Home, Granite Counters
  • Living Area: 3274.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Basement Description:Walkout: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Covered Patio(s), Patio
  • Lot Features: Desert Front, Cul-De-Sac, Natural Desert Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stone, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security Guard
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Community Pool, Guarded Entry, Golf, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Club, Membership Opt, Management
  • Association Fee: 428.0
  • Association Fee Frequency: Quarterly
  • Association Name: Chaparral Pines HOA
  • Phone: 928-472-9068
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Chaparral Pines HOA
  • Association Fees:HOA Telephone4: 928.472.9068
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Out of Maricopa Cnty
  • High School: Out of Maricopa Cnty
  • Junior High Dist: Out of Area
  • Middle Or Junior School: Out of Maricopa Cnty

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6970.0
  • Parcel #: 302-88-006
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: N/A

Tax Info

  • Tax Annual Amount: 4166.0
  • Tax Book Number: 302.00
  • Tax Lot: 6
  • Tax Map Number: 88.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2024
Sold by
Herriot Mark R
Bought by
Yorkshire Dales Revocable Living Trust and Herriot
Total Days on Market
282
Current Estimated Value
$1,036,646

Purchase Details

Listed on
Jul 3, 2015
Closed on
May 17, 2016
Sold by
Smith Matthew T and Javia Manisha R
Bought by
Herriot Howard M and Herriot Lillian M
Seller's Agent
Wendy Larchick
Keller Williams Arizona Realty
Buyer's Agent
Wendy Larchick
Keller Williams Arizona Realty
List Price
$455,000
Sold Price
$423,740
Premium/Discount to List
-$31,260
-6.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%
Original Mortgage
$339,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2015
Closed on
May 10, 2016
Sold by
Herriot Howard M and Herriot Lillian M
Bought by
Herriot Howard M and Herriot Lillian M
Seller's Agent
Wendy Larchick
Keller Williams Arizona Realty
Buyer's Agent
Wendy Larchick
Keller Williams Arizona Realty
List Price
$455,000
Sold Price
$423,740
Premium/Discount to List
-$31,260
-6.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2009
Sold by
National Bank Of Arizona
Bought by
Smith Matthew T and Javia Manisha R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2009
Sold by
Pine Island Partners Llc
Bought by
National Bank Of Arizona
Source: Public Records

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Range of Values:

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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
Yorkshire Dales Revocable Living Trust -- None Listed On Document
Herriot Mark R -- None Listed On Document
Herriot Howard M $423,750 Clear Title Agency Of Az Llc
Herriot Howard M -- Clear Title Agency Of Az Llc
Smith Matthew T $340,000 Pioneer Title Agency
National Bank Of Arizona $356,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herriot Howard M $339,000
Previous Owner Smith Matthew T $254,500
Previous Owner Smith Matthew T $282,000
Previous Owner Smith Matthew T $272,000
Previous Owner Smith Matthew T $272,000
Previous Owner Pine Island Partners Llc $450,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $423,740 -6.9% $129 / Sq Ft
07/03/2015 07/03/15 For Sale $455,000 -- $139 / 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 $5,607 -- -- --
2024 $5,607 $91,572 $2,460 $89,112
2023 $5,607 $74,269 $1,509 $72,760
2022 $5,416 $53,610 $1,509 $52,101
2021 $5,047 $53,610 $1,509 $52,101
2020 $4,826 $0 $0 $0
2019 $4,667 $0 $0 $0
2018 $4,356 $0 $0 $0
2017 $4,020 $0 $0 $0
2016 $3,924 $0 $0 $0
2015 $4,324 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5302687

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-88-006