NOT LISTED FOR SALE

301 E Cherry St Payson, AZ 85541

Estimated Value: $91,602 - $303,000

0.59 Acre
$334,408 Price per Acre
25,700 Sq Ft Lot

Last Sold January 29, 2024

Last sale price $90,000

Est. 119% increase in value since last sale

Current estimated payment $1,071/month

36 Days on Market

Highlights

  • Panoramic View
  • No HOA
  • Partially Fenced Property
  • Hilltop Location

About This Lot

As of January 2024

Views... Views... Views! Hill top with remarkable views. This 0.59 acre lot is a rare find, right in the middle of town with great views of the town and Mogollon Rim. The narrow entrance gives you privacy and a flexible building area for a future home. The native vegetation of junipers, pinon pines and manzanita is perfect to retain low maintenance landscaping. Additionally, the build site has been cleared and leveled which gives this property additional character. The lot allows site built or manufactured home and is close to shopping, the hospital, historic Main Street and schools. House plans and drawings included. Great property and location.

Last Agent to Sell the Property

Rich Schultz

ERA YOUNG REALTY-PAYSON License #SA016400000 Listed on: 12/15/2023

Co-Listed By

Steven Barnaby

ERA YOUNG REALTY-PAYSON License #SA707946000

Last Buyer's Agent

Phil Hopkins

Desert 2 Mountain Realty License #SA528972000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $431

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 302.79x135.84x152.36
  • East Facing Home
  • Partially Fenced Property
  • Chain Link Fence
  • Sloped Lot
  • Hilltop Location

Property Views

  • Panoramic
  • Mountain

Mobile Home

  • Mobile Home Allowed

Utilities

  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 304-02-002S

Property Details

Property Type

Land

Est. Annual Taxes

$431

Lot Details

0

Listing Details

  • FILLACRES: 0.59
  • House Faces: E
  • Directions: From HWY 87 going north, Right on Frontier, Left on Ponderosa, Right on Cherry, lot on right with sign.
  • Homeowners Assoc N A Other: YES
  • Listing Member Name: Richard E Schultz
  • Listing Office Short Id: 008
  • List Type: Exclusive Agency
  • Property Sub Type: Residential
  • Prop. Type: Land
  • Selling Member Short Id: PH0238
  • Sub Code: Unsubdivided
  • Tract Suffix: Street
  • Property Features: Chain Link, Partially Fenced
  • List Price per Acre: 161016.94
  • Lot Street Improve: Blacktop Street, Electric, Paved Parking, Water
  • Manufacture Allwd: Yes
  • Road Access: City
  • Terrain: Sloped
  • Special Features: None

Interior Features

  • Foreclosure: No
  • Legal Description: Section: 03 Township: 10N Range: 10E PARCEL B ROS 1917 SEC 03 T10N R10E; =0.59 AC (OUT OF 304-02-002N)
  • Entry Location: Hill Top

Exterior Features

  • Exterior Features: Panoramic View, View of Mountains, View of Town
  • Flood Zone: None
  • Horses Allowed On Property: No
  • View: Yes
  • Waterfront: No

Utilities

  • Utilities Available: Cable TV/Satellite, Electricity, Internet Hook Up, Piped Propane, Sewer Available, Telephone, Town of Payson Water, Trash

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 431.00

Lot Info

  • Assessor Parcel Number: 304-02-002S
  • Lot Dimensions: 302.79x135.84x152.36
  • Zoning: Res
  • Deed Restrictions: Call Listing Office, Manufactured Allowed
  • Zoning: Town

Tax Info

  • Year: 2023

Multi Family

  • Multi Family: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Jan 29, 2024
Sold by
Olsen Donald
Bought by
Bassett Larry Lee and Compton Michelle
Seller's Agent
Rich Schultz
ERA YOUNG REALTY-PAYSON
Buyer's Agent
Phil Hopkins
Desert 2 Mountain Realty
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%
Views
39
Current Estimated Value
$197,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,301
Avg. Annual Appreciation
51.82%

Purchase Details

Listed on
Aug 16, 2019
Closed on
Jan 28, 2021
Sold by
Hatch Rod and Hatch Teresa
Bought by
Olsen Donald
Seller's Agent
Wendy Larchick
KELLER WILLIAMS ARIZONA REALTY - PAYSON
Buyer's Agent
Rich Schultz
ERA YOUNG REALTY-PAYSON
List Price
$70,000
Sold Price
$65,000
Premium/Discount to List
-$5,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%

Purchase Details

Listed on
Aug 18, 2012
Closed on
Jun 19, 2013
Sold by
Welch John H and Welch Norma R
Bought by
Hatch Rod and Hatch Teresa
Seller's Agent
Bonnie Jo
PAYSON REALTY
Buyer's Agent
NOT A CAAR MEMBER
NOT A CAAR MEMBER
List Price
$49,900
Sold Price
$35,000
Premium/Discount to List
-$14,900
-29.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%

Purchase Details

Closed on
Sep 27, 2005
Sold by
Bernard Talbert W and Bernard Bobbie J
Bought by
Welch John H and Welch Norma R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bassett Larry Lee -- Pioneer Title
Olsen Donald $65,000 Pioneer Title Agency Inc
Hatch Rod $35,000 First American Title Ins Co
Welch John H $65,000 Pioneer Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2024 01/29/24 Sold $90,000 -5.3% --
01/20/2024 01/20/24 Pending -- -- --
12/15/2023 12/15/23 For Sale $95,000 +46.2% --
02/04/2021 02/04/21 Sold $65,000 -7.1% -- View Prior Sale
01/03/2021 01/03/21 Pending -- -- --
08/16/2019 08/16/19 For Sale $70,000 +100.0% --
07/26/2013 07/26/13 Sold $35,000 -29.9% -- View Prior Sale
06/19/2013 06/19/13 Pending -- -- --
08/18/2012 08/18/12 For Sale $49,900 -- --
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 $445 -- -- --
2024 $431 $13,440 $9,845 $3,595
2023 $431 $9,996 $6,572 $3,424
2022 $418 $9,833 $6,572 $3,261
2021 $392 $9,678 $6,572 $3,106
2020 $377 $0 $0 $0
2019 $366 $0 $0 $0
2018 $344 $0 $0 $0
2017 $321 $0 $0 $0
2016 $314 $0 $0 $0
2015 $320 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Central Arizona Association of REALTORS®

MLS Number: 89555

Central Arizona Association of REALTORS®

APN: 304-02-002S