NOT LISTED FOR SALE

401 E Cherry St Payson, AZ 85541

Estimated Value: $568,000 - $803,000

4 Beds
2 Baths
3,000 Sq Ft
$225/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $525,000 $175 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,841/month

6 Days on Market

Highlights

  • RV Access or Parking
  • Pine Trees
  • Contemporary Architecture
  • Panoramic View
  • Hilltop Location
  • Vaulted Ceiling

About This Home

As of May 2022

Spacious multi story 2400 sq ft +600 sq ft bonus room family home. Almost 1 acre with fabulous views. Just minutes from amenities in Payson. Great room has a custom built fireplace. Hardwood flooring thru out. Home sits on a sloped wooded lot with boulders that create a one of a kind landscape. Top of the property has been levelled to make additional useable space and is vehicle accessible. Property rear and sides are enclosed with chain link fencing and pet proofed. Enjoy seclusion on the stone patio among tall pines and RIM views from the huge front deck. Property needs some exterior cosmetic work. For Sale ''as is'' with no further owner improvements. More pictures to come.

Last Agent to Sell the Property

Egor Hunka

Berkshire Hathaway HomeServices Advantage Realty - PAYSON License #SA693702000 Listed on: 04/19/2022

Berkshire Hathaway HomeServices Advantage Realty - PAYSON

Last Buyer's Agent

Paul Gorraiz

Realty Economic Advisors License #SA569577000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,745

Year Built

  • Built in 1985

Lot Details

  • 0.94 Acre Lot
  • East Facing Home
  • Partially Fenced Property
  • Chain Link Fence
  • Drip System Landscaping
  • Hilltop Location
  • Pine Trees

Property Views

  • Panoramic
  • Mountain

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,000 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector
  • Laundry in Utility Room

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Parking Pad
  • Garage Door Opener
  • RV Access or Parking

Outdoor Features

  • Covered patio or porch

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 16;CO
  • Assessor Parcel Number 304-02-002Q

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,745

Year Built

Built in 1985

Lot Details

0

Listing Details

  • FILLACRES: 0.94
  • Estimated Sq Ft: 3000.00
  • Estimated Sq Ft Range: 2501 - 3000
  • Assessor Parcel Number: 002
  • Total Bathrooms: 2.00
  • House Faces: E
  • Directions: Hwy 87 and Bonita (main crossroads). Turn East on Bonita to Manzanita. Turn S to Cherry. Turn W to Property.
  • Fireplace Wood Stove: Fireplace, In Great Room
  • Homeowners Assoc N A Other: No HOA
  • Listing Member Name: Egor Hunka
  • Listing Office Short Id: 4
  • List Type: Exclusive Agency
  • Lot Street Improvem: Blacktop Street
  • Open House Office I D: 20121002182515019655000000
  • Property Sub Type: Site Built
  • Prop. Type: Residential
  • Selling Member Short Id: pg256
  • Selling Office Short Id: rea400
  • Building Style: Contemporary, Multi-Level, Walk-out Basement
  • Sub Code: Unsubdivided
  • Sub Floor Type: Slab, Wood
  • Tract Suffix: Street
  • Warranty Program: No
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Floor Covering: Tile, Wood
  • Basement Full Bathrooms: 2
  • Lower Floor 1 Bedrooms: 4
  • Dining Room: Kitchen-Dining Combo
  • Fireplace Stove: Yes
  • Foreclosure: No
  • Interior Amenities: Smoke Detector, Vaulted Ceiling
  • Kitchen Features: Electric Range, Microwave, Refrigerator
  • Laundry: Utility Room
  • Legal Description: Section: 03 Township: 10N Range: 10E PT SE4 SW4 SEC 3 T10N R10E; COMM SE COR SW4 SEC 3; TH N 89D 45M 24S W 567.11' TO POB; CONT N 89D 45M 24S 136.15'; TH N0D10M 41S W 301.16'; TH S 89D 30M 51S E 134.98'; TH S0D 24M 10S E 300.60' TO POB; OUT OF 304-02-002L;DKT 553/713
  • Entry Location: Hill Top, In Payson City Limits
  • Other Rooms: Finished Basement
  • Source of Sq Ft: Owner

Exterior Features

  • Exterior Construction: Wood Frame
  • Exterior Features: Covered Patio, Covered Porch/Deck, Drip System, Landscaped, Panoramic Views, Patio, Tall Pines on Lot, View of Mountains
  • Fencing: Chain Link, Partially Fenced
  • Flood Zone: None
  • Horses Allowed On Property: No
  • Lot Number: 16;CO
  • Roof: Asphalt/Comp Shingle
  • Exterior Construction: Stucco, Wood
  • View: Yes

Garage/Parking

  • Garage Capacity: 2.00
  • Parking Features: Garage Door Opener, Garage Only, Parking Pad, RV Parking

Utilities

  • Cooling: Ceiling Fan, Evaporative
  • Heating: Forced Air, Propane
  • Utilities Available: Electricity, Piped Propane, Town of Payson Water
  • Water Heater: Electric, Over 30 Gallons

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 2745.00

Lot Info

  • Assessor Parcel Number: 304-02-002Q
  • Lot Dimensions: 331.78
  • Zoning: Residential

Tax Info

  • Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
May 24, 2022
Sold by
Chelsi Chovanec Laurin
Bought by
Gorraiz Peter J
Seller's Agent
Egor Hunka
Berkshire Hathaway HomeServices Advantage Realty - PAYSON
Buyer's Agent
Paul Gorraiz
Realty Economic Advisors
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$655,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,536
Avg. Annual Appreciation
6.93%
Original Mortgage
$495,750
Outstanding Balance
$474,953
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$175,971

Purchase Details

Listed on
Jun 18, 2019
Closed on
Nov 14, 2019
Sold by
Miller Zachary and Estate Of Scott Patrick Miller
Bought by
Chovanec Laurin Chelsi
Seller's Agent
Bonnie Neal
DPR REALTY LLC
Buyer's Agent
Joshua Weinland
Midland Real Estate Alliance
List Price
$289,900
Sold Price
$289,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.69%
Original Mortgage
$296,132
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Closed on
Jun 14, 2010
Sold by
Vericrest Opportunity Reo 2009-Pl1 Llc
Bought by
Miller Scott P and Miller Margarita T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,531
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 2010
Sold by
Crisp Michael F and Crisp Carolyn S
Bought by
Vericrest Opportunity Reo 2009 Pl1 Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gorraiz Peter J -- Pioneer Title
Chovanec Laurin Chelsi $289,900 Pioneer Title Agency Inc
Miller Scott P $150,532 Pioneer Title Agency
Vericrest Opportunity Reo 2009 Pl1 Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorraiz Peter J $495,750
Previous Owner Chovanec Laurin Chelsi $300,420
Previous Owner Chovanec Laurin Chelsi $296,132
Previous Owner Miller Scott P $148,531
Previous Owner Crisp Michael F $348,000
Previous Owner Crisp Michael F $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $525,000 0.0% $175 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $525,000 +81.1% $175 / Sq Ft
11/22/2019 11/22/19 Sold $289,900 0.0% $121 / Sq Ft
08/18/2019 08/18/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $289,900 -- $121 / 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 $3,019 -- -- --
2024 $3,019 $62,501 $8,485 $54,016
2023 $3,019 $52,146 $5,517 $46,629
2022 $2,919 $34,182 $5,517 $28,665
2021 $2,745 $34,182 $5,517 $28,665
2020 $2,625 $0 $0 $0
2019 $2,544 $0 $0 $0
2018 $2,380 $0 $0 $0
2017 $2,214 $0 $0 $0
2016 $2,149 $0 $0 $0
2015 $1,986 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Egor Hunka

    Berkshire Hathaway HomeServices Advantage Realty - PAYSON

    (480) 620-4700

    14 Total Sales

    Section Image
  • Paul Gorraiz

    Buyer's Agent in 2022

    Paul Gorraiz

    Realty Economic Advisors

    (602) 692-1398

    19 Total Sales

    Section Image

  • B

    Seller's Agent in 2019

    Bonnie Neal

    DPR REALTY LLC

  • J

    Buyer's Agent in 2019

    Joshua Weinland

    Midland Real Estate Alliance

See All Agents

Map

Source: Central Arizona Association of REALTORS®

MLS Number: 86523

Central Arizona Association of REALTORS®

APN: 304-02-002Q

Arizona Gila County Payson 85541

401 E Cherry St, Payson, AZ

This home is located at 401 E Cherry St, Payson, AZ 85541 since 19 April 2022 and is currently estimated at $674,079, approximately $224 per square foot. This property was built in 1985. 401 E Cherry St is a home located in Gila County with nearby schools including Julia Randall Elementary School, Payson Elementary School, and Rim Country Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Arizona Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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