NOT LISTED FOR SALE

398 Gordon Canyon Rd Payson, AZ 85541

Estimated Value: $310,000 - $618,518

-- Bed
4 Baths
1,100 Sq Ft
$404/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $575,000 $523 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $2,538/month

11 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Heating Available
  • Cooling Available

About This Home

As of February 2022

Once in a lifetime opportunity to own multiple cabins on an acre overlooking a meadow at the bottom of Arizona's Mogollon Rim! Just a short 1.5 hour drive from the valley, and only 20 min from Payson makes this property convenient for year round use. Premium upgrades and finishes throughout both cabins create a comfortable stay. Property is beautifully designed for seamless indoor/outdoor living with large decks, walkways and plenty of grassy areas.
No showings until Saturday, January 8th.

Last Agent to Sell the Property

Isaac Turley

H&M Arizona Real Estate Brokerage, LLC License #SA669934000 Listed on: 12/30/2021

Last Buyer's Agent

Eric Dixon

On Q Property Management License #BR627731000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,318

Year Built

  • Built in 1973

Lot Details

  • 1.05

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Siding

Interior Spaces

  • Ceiling Fan

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • On-Street Parking

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Septic Tank

Listing and Financial Details

  • The owner pays for gas, electricity
  • Tax Lot 12G
  • Assessor Parcel Number 303-14-012-G

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are Approximately 160' x 300'
  • Gordon Canyon Subdivision

Building Details

  • Operating Expense $1,318

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,318

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Hwy 260 and Colcord Rd
  • Legal Info Range: 14E
  • Property Type: Multiple Dwellings
  • Zoning: GU
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2021
  • Directions: Highway 260 E to Colcord Rd, Right on Colcord 1.8 miles, Right on Gordon Canyon Road to the end. Property is gated.
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: Gordon Canyon
  • Tax Parcel Letter: G
  • Cooling:Ceiling Fan(s): Yes
  • Construction:Wood Frame: Yes
  • Water Source Domestic Well2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Siding, Painted
  • Roof: Metal

Garage/Parking

  • Parking Features: On Street
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), None
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Domestic Well
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes

Schools

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

Lot Info

  • Lot Size: Approximately 160' x 300'
  • Additional Parcels: No
  • Parcel #: 303-14-012-G

Multi Family

  • Owner Pays: Gas, Electricity
  • Number Of Units Total: 2
  • Annual Operating Expense: 1318.0

Tax Info

  • Tax Annual Amount: 1318.0
  • Tax Book Number: 303.00
  • Tax Lot: 12G

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2021
Closed on
Jan 25, 2022
Sold by
Ann Turley Samantha
Bought by
Elggren Jacob and Elggren Sara
Seller's Agent
Isaac Turley
H&M Arizona Real Estate Brokerage, LLC
Buyer's Agent
Eric Dixon
On Q Property Management
List Price
$555,000
Sold Price
$575,000
Premium/Discount to List
$20,000
3.6%
Current Estimated Value
$444,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$130,370
Avg. Annual Appreciation
-7.93%
Original Mortgage
$446,400
Outstanding Balance
$422,251
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$8,724

Purchase Details

Closed on
Dec 8, 2021
Sold by
Ann Turley and Ann Samantha
Bought by
Turley Samantha Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,400
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2021
Sold by
Turley Justin and Turley Samantha
Bought by
Turley Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2018
Sold by
Woith Dale E and Woith Genevieve M
Bought by
Turley Justin and Turley Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,475
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Elggren Jacob $593,712 Pioneer Title
Turley Samantha Ann -- Accommodation/Courtesy Recordi
Turley Justin -- Pioneer Title Agency Inc
Turley Justin $178,500 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elggren Jacob $446,400
Closed Elggren Jacob $446,400
Previous Owner Turley Justin $72,500
Previous Owner Turley Justin $500,000
Previous Owner Turley Justin $133,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $575,000 +3.6% $523 / Sq Ft
02/24/2022 02/24/22 For Sale $555,000 0.0% $505 / Sq Ft
02/24/2022 02/24/22 Price Changed $555,000 0.0% $505 / Sq Ft
02/11/2022 02/11/22 For Sale $555,000 0.0% $505 / Sq Ft
02/11/2022 02/11/22 Price Changed $555,000 0.0% $505 / Sq Ft
12/30/2021 12/30/21 For Sale $555,000 -- $505 / 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 $1,374 -- -- --
2024 $1,374 $19,291 $8,702 $10,589
2023 $1,374 $15,603 $6,588 $9,015
2022 $1,272 $15,282 $6,588 $8,694
2021 $1,318 $15,282 $6,588 $8,694
2020 $1,257 $0 $0 $0
2019 $1,198 $0 $0 $0
2018 $1,151 $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: 6336478

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-14-012G