NOT LISTED FOR SALE

295 S Lion Springs Rd Payson, AZ 85541

Estimated Value: $673,000 - $1,109,323

2 Beds
1 Bath
1,183 Sq Ft
$726/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $1,050,000 $888 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $4,699/month

194 Days on Market

Highlights

  • Horses Allowed On Property
  • Panoramic View
  • Ranch Style House
  • RV Access or Parking
  • Waterfront
  • No HOA

About This Home

As of November 2023

Beautiful and unique property that is one of a kind. 5 acres that is all usable and unobstructed. 4 fields (3 large fields and 2 corrals) which are cultivable, chicken coup, horse barn with 2 stalls, security gate and is completely fenced, Tonto National Forest on 2 sides, plenty of riding trails and views of Diamond Point Mountain. Home offers 2 bedrooms, 1 bath great room, (living and dining combo) wood burning fireplace, breakfast bar, covered patio, large 2 car garage with workshop and small RV garage that can hold 2+ cars. 2 high producing wells, one for the home the other for the pasture. Plenty of fruit trees on the property: Plum, Apple, Apricot, Peach, Cherry and Pear. Piping for sprinklers. It is a must-see property to appreciate all that it has to offer.

Last Agent to Sell the Property

Kim Ross

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3 License #BR506146000 Listed on: 04/05/2023

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3

Last Buyer's Agent

Kim Ross

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3 License #BR506146000 Listed on: 04/05/2023

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,894

Year Built

  • Built in 1970

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 445.91x516.89x445.91x516.12
  • Waterfront
  • South Facing Home
  • Corners Of The Lot Have Been Marked
  • Property is zoned Rural

Property Views

  • Panoramic
  • Mountain

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,183 Sq Ft Home
  • Double Pane Windows
  • Great Room with Fireplace

Kitchen

  • Gas Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4A
  • Assessor Parcel Number 302-47-004A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,894

Year Built

Built in 1970

Lot Details

0

Listing Details

  • FILLACRES: 5.00
  • Estimated Sq Ft: 1183.00
  • Estimated Sq Ft Range: 1001 - 1250
  • Assessor Parcel Number: 004
  • Total Bathrooms: 1.00
  • House Faces: S
  • Directions: Highway 87 North to 260 East and follow to Lion Springs Road on the Right. Approximately 8 miles east of Payson.
  • Fencing Wire Fence: YES
  • Fireplace Wood Stove: Fireplace, In Great Room
  • Homeowners Assoc N A Other: YES
  • Listing Member Name: Kimberly Ann Ross
  • Listing Office Short Id: re222
  • List Type: Exclusive ARS
  • Lot Street Improvem: Gravel Street
  • Open House Office I D: 20201106213254595234000000
  • Other Rooms N A Other: YES
  • Property Sub Type: Site Built
  • Prop. Type: Residential
  • Selling Member Short Id: KR0449
  • Selling Office Short Id: re222
  • Building Style: Ranch, Single Level
  • Sub Code: Unsubdivided
  • Sub Floor Type: Slab
  • Tract Suffix: Road
  • Utilities Available N A Other: 2 working wells
  • Warranty Program: No
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Floor Covering: Carpeting, Tile
  • Three Quarter Bathrooms: 1
  • Lower Floor 1 Bedrooms: 2
  • Dining Room: Great Room
  • Fireplace Stove: Yes
  • Foreclosure: No
  • Interior Amenities: Dual Pane Window, Master Main Floor, Smoke Detector
  • Kitchen Features: Built in Microwave, Dishwasher, Gas Range, Refrigerator
  • Laundry: Dryer, Utility Room, Washer
  • Legal Description: Comm At Cor No 3, Hes 574, T11n R11e; Th S20d45'w, 1249.23' To Po B; Th S20d45'w, 445.91'; Th S88d10'e, 516.12'; Th N20d45'e, 445.9 1'; Th N88d07'20''W, 516.89' To Pob Ne4 Nw4 Sec 34 T11n R11e = 5.0 0 Ac (Out Of 302-47-003B & -004)
  • Entry Location: Borders USNF
  • Source of Sq Ft: Assessor

Exterior Features

  • Builder Name: Unknown
  • Exterior Construction: Block, Wood Frame
  • Exterior Features: Corners Marked, Covered Patio, Panoramic Views, Stall/Corrals, View of Mountains, Work Shop
  • Fencing: Post & Rail, Security Gate
  • Flood Zone: None
  • Horses Allowed On Property: Yes
  • Lot Number: 4A
  • Roof: Asphalt/Comp Shingle
  • Exterior Construction: Brick, Wood
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Garage Capacity: 4.00
  • Parking Features: Detached, Garage Only, RV Parking

Utilities

  • Cooling: Evaporative
  • Heating: Electric, Fireplace/Woodstove, Forced Air, Propane
  • Utilities Available: Electricity, Private Well, Propane Tank Leased, Septic Tank Installed, Trash
  • Water Heater: Electric, Over 30 Gallons

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 2894.40

Lot Info

  • Assessor Parcel Number: 302-47-004A
  • Lot Dimensions: 445.91x516.89x445.91x516.12
  • Zoning: Rural

Tax Info

  • Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Nov 29, 2023
Sold by
Etter Family Trust
Bought by
Paul Michael Lee and Paul Noreen Kristin
Seller's Agent
Kim Ross
REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3
Buyer's Agent
Kim Ross
REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3
List Price
$1,175,000
Sold Price
$1,050,000
Premium/Discount to List
-$125,000
-10.64%
Views
240
Current Estimated Value
$810,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$239,245
Avg. Annual Appreciation
-14.17%
Original Mortgage
$400,000
Outstanding Balance
$395,145
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$413,382

Purchase Details

Closed on
Aug 8, 2013
Sold by
Etter Jack L
Bought by
Etter Jack L
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
Paul Michael Lee -- Pioneer Title
Etter Jack L -- Pioneer Title Agency
Source: Public Records

Mortgage History

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

Property History

Date Event Price Change Sq Ft Price
11/29/2023 11/29/23 Sold $1,050,000 -10.6% $888 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $1,175,000 +11.9% $993 / Sq Ft
10/05/2023 10/05/23 Off Market $1,050,000 -- --
04/05/2023 04/05/23 For Sale $1,175,000 -- $993 / 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 $3,115 -- -- --
2024 $3,115 $50,467 $25,196 $25,271
2023 $3,115 $44,984 $26,525 $18,459
2022 $2,974 $36,107 $26,525 $9,582
2021 $2,894 $36,107 $26,525 $9,582
2020 $4,020 $0 $0 $0
2019 $2,694 $0 $0 $0
2018 $2,580 $0 $0 $0
2017 $2,455 $0 $0 $0
2016 $2,374 $0 $0 $0
2015 $2,185 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Arizona Association of REALTORS®

MLS Number: 88199

Central Arizona Association of REALTORS®

APN: 302-47-004A