NOT LISTED FOR SALE

292 S Morris Meadows Payson, AZ 85541

Estimated Value: $555,000 - $773,000

3 Beds
2 Baths
1,468 Sq Ft
$450/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $639,500 $436 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,832/month

6 Days on Market

Highlights

  • Horses Allowed On Property
  • RV Gated
  • Mountain View
  • Spa
  • Pine Trees
  • Wood Burning Stove

About This Home

As of January 2022

Summer retreat or full-time residence backing to the USF. This 3-bedroom 2-bath chalet style cabin in Ponderosa Springs sits on a fenced acre in the tall pines. Updated kitchen featuring Corian counters, tongue and groove ceilings, and recessed lighting. The family room features high vaulted tongue and groove ceilings with wood beams, and a gorgeous stained-glass window. Large patio for entertaining with new Trex decking and jacuzzi, plus a BBQ patio recently updated with new pavers. Large two-car detached garage, circular driveway with two gated entries. Don't forget your horses and chickens! Two-stall barn and corral and chicken coop. Drive or ride out the back gate and you are in the USF.

Last Agent to Sell the Property

Laurie Johnson

REALTY EXECUTIVES ARIZONA TERR License #BR633363000 Listed on: 11/08/2021

Last Buyer's Agent

NOT A CAAR MEMBER

NOT A CAAR MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,095

Year Built

  • Built in 1979

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 211.55x210.75x211.55x210.75
  • Rural Setting
  • South Facing Home
  • Wood Fence
  • Chain Link Fence
  • Pine Trees
  • Property is zoned gu

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Cabin
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,468 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Open Floorplan
  • Laminate Flooring
  • Mountain Views
  • Laundry in Utility Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • RV Gated

Outdoor Features

  • Spa
  • Fire Pit
  • Shed
  • Porch

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Satellite Dish

Additional Features

  • No Interior Steps
  • Horses Allowed On Property

Community Details

  • Voluntary home owners association

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 303-17-059

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,095

Year Built

Built in 1979

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • FILLACRES: 1.02
  • Estimated Sq Ft: 1468.00
  • Estimated Sq Ft Range: 1251 - 1500
  • Total Bathrooms: 2.00
  • House Faces: S
  • Directions: From Payson head east on Hwy 260 approximately 25 miles to MP marker 277 and turn right on Colcord Rd. Drive approximately 5 miles (past the fire station) to Morris Meadows Rd. Turn right - house is at bottom of hill on right.
  • Fireplace Wood Stove: In Living Room, Woodstove
  • HOA Fees: 25.00
  • Homeowners Assoc N A Other: YES
  • Listing Member Name: Laurie Johnson
  • Listing Office Short Id: re213
  • List Type: Exclusive ARS
  • Lot Street Improvem: Gravel Street
  • Property Sub Type: Site Built
  • Prop. Type: Residential
  • Selling Member Short Id: AA0000
  • Building Style: Cabin, Single Level
  • Sub Code: Ponderosa Springs
  • Sub Floor Type: Wood
  • Warranty Program: No
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Floor Covering: Laminate
  • Three Quarter Bathrooms: 1
  • Basement Full Bathrooms: 1
  • Lower Floor 1 Bedrooms: 3
  • Dining Room: Kitchen-Dining Combo, Living-Dining Combo
  • Fireplace Stove: Yes
  • Foreclosure: No
  • Interior Amenities: Dual Pane Window, No Interior Steps, Security System, Skylights, Smoke Detector, Split Floor Plan, Vaulted Ceiling
  • Kitchen Features: Built in Microwave, Dishwasher, Double Oven, Eat-in, Electric Range, Garbage Disposal, Pantry, Refrigerator
  • Laundry: Utility Room
  • Legal Description: Lot 59 Ponderosa Springs Unit 5
  • Entry Location: Borders USNF, Rural
  • Other Rooms: Family Room
  • Source of Sq Ft: Assessor

Exterior Features

  • Exterior Construction: Wood Frame
  • Exterior Features: Fire Pit, In the Trees, Porch/Deck, Satellite Dish, Spa/Hot Tub, Stall/Corrals, Storage/Utility Shed, Tall Pines on Lot, View of Mountains
  • Fencing: Chain Link, Wood Fence
  • Flood Zone: None
  • Horses Allowed On Property: Yes
  • Lot Number: 59
  • Roof: Metal
  • Exterior Construction: Wood
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Garage Capacity: 2.00
  • Parking Features: Detached, Garage Only, No Carport, RV Gate

Utilities

  • Cooling: Ceiling Fan
  • Heating: Baseboard
  • Utilities Available: Private Well, Septic Tank Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Voluntary
  • Master HOA Frequency: Year

Fee Information

  • Taxes: 4095.00

Lot Info

  • Assessor Parcel Number: 303-17-059
  • Lot Dimensions: 211.55x210.75x211.55x210.75
  • Zoning: gu

Tax Info

  • Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2021
Closed on
Jan 11, 2022
Sold by
Ryan Rosscup Jerry and Ryan Jean April
Bought by
Rosscup Reserve Payson Llc
Seller's Agent
Laurie Johnson
REALTY EXECUTIVES ARIZONA TERR
Buyer's Agent
NOT A CAAR MEMBER
NOT A CAAR MEMBER
List Price
$639,500
Sold Price
$639,500
Current Estimated Value
$660,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,025
Avg. Annual Appreciation
0.82%
Original Mortgage
$575,550
Outstanding Balance
$527,248
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$133,277

Purchase Details

Listed on
Nov 8, 2021
Closed on
Dec 15, 2021
Sold by
Mcfarland Timothy
Bought by
Rosscup Jerry Ryan and Rosscup April Jean
Seller's Agent
Laurie Johnson
REALTY EXECUTIVES ARIZONA TERR
Buyer's Agent
NOT A CAAR MEMBER
NOT A CAAR MEMBER
List Price
$639,500
Sold Price
$639,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,550
Outstanding Balance
$527,248
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$133,277

Purchase Details

Listed on
Nov 22, 2014
Closed on
Jan 23, 2015
Sold by
Frazier Amy J
Bought by
Mcfarland Timothy
Seller's Agent
Joe Carter
ERA-Young Realty & Investment
Buyer's Agent
Laurie Johnson
Keller Williams Arizona Realty
List Price
$270,000
Sold Price
$220,000
Premium/Discount to List
-$50,000
-18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.59%
Original Mortgage
$176,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2014
Sold by
Frazier Amy J
Bought by
Frazier Amy J

Purchase Details

Closed on
Aug 15, 2011
Sold by
Federal National Mortgage Association
Bought by
Frazier Amy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2011
Sold by
Andalso Bobby Stephens and Stephens Debbie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 17, 2005
Sold by
Hanks Terry L and Hanks Norma
Bought by
Stephens Bobby and Stephens Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.29%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rosscup Reserve Payson Llc -- --
Rosscup Jerry Ryan $639,500 Wfg National Title Insurance C
Mcfarland Timothy $220,000 Pioneer Title Agency
Frazier Amy J -- None Available
Frazier Amy J $175,000 Servicelink
Federal National Mortgage Association $344,698 Pioneer Title Agency
Stephens Bobby $330,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosscup Jerry Ryan $575,550
Previous Owner Mcfarland Timothy $176,000
Previous Owner Frazier Amy J $140,000
Previous Owner Stephens Bobby $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2022 01/06/22 Sold $639,500 0.0% $436 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $639,500 +190.7% $436 / Sq Ft
01/28/2015 01/28/15 Sold $220,000 -17.0% $150 / Sq Ft View Prior Sale
12/30/2014 12/30/14 Pending -- -- --
12/16/2014 12/16/14 Price Changed $265,000 -1.9% $181 / Sq Ft
11/22/2014 11/22/14 For Sale $270,000 -- $184 / 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 $4,267 -- -- --
2024 $4,267 $36,177 $4,784 $31,393
2023 $4,267 $29,562 $5,744 $23,818
2022 $3,950 $29,181 $5,744 $23,437
2021 $4,095 $29,181 $5,744 $23,437
2020 $3,905 $0 $0 $0
2019 $3,721 $0 $0 $0
2018 $3,800 $0 $0 $0
2017 $3,659 $0 $0 $0
2016 $3,541 $0 $0 $0
2015 $3,903 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Arizona Association of REALTORS®

MLS Number: 85805

Central Arizona Association of REALTORS®

APN: 303-17-059