$549,500
$50K PRICE DROP

401 W Sherwood Dr Unit 403 Payson, AZ 85541

Estimated payment $3,159/month

Total Views 19,235
3 Beds
2.5 Baths
1,860 Sq Ft
$295 Price per Sq Ft

Highlights

  • Home Theater
  • View of Trees or Woods
  • A-Frame Home
  • RV Access or Parking
  • Pine Trees
  • Maid or Guest Quarters

About This Home

Rare opportunity to own a stylish high country cabin sitting on a large double lot close to everything. Insulated 2 car garage, finished work shed, fenced yard and dog run. All nestled under the Payson pines. 3 bed 2.5 bath with tons of upgrades. New trex decks! Newer hot water heater, furnace, kitchen and baths. Best of all this home can come fully furnished and B&B ready if desired. This is currently and income producing property with immediate opportunity. This charm filled A-frame with wrap around decks is what everyone wants! Come check out this well build cabin and see the future opportunities this lovely property has to offer whether that's a lock and leave, B&B, or your own forever home in the high country.

Listing Agent

Jeremy Brown

My Home Group Real Estate, LLC - TEMPE License #SA5594447000 Listed on: 03/23/2025

My Home Group Real Estate, LLC - TEMPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,787

Year Built

  • Built in 1993

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 149x85x144x95
  • West Facing Home
  • Dog Run
  • Chain Link Fence
  • Corner Lot
  • Drip System Landscaping
  • Pine Trees
  • Property is zoned R1

Home Design

  • A-Frame Home
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • 1,860 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Open Floorplan
  • Home Theater
  • Home Office
  • Loft
  • Views of Woods
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Parking

  • 2 Car Garage
  • RV Access or Parking

Outdoor Features

  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Propane Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 302-79-002A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,787

Year Built

Built in 1993

Lot Details

0

Listing Details

  • FILLACRES: 0.32
  • Estimated Sq Ft: 1860.00
  • Estimated Sq Ft Range: 1751 - 2000
  • Assessor Parcel Number: 002
  • Total Bathrooms: 3.00
  • House Faces: W
  • Directions: WEST ON AIRPORT ROAD TO MC LANE SOUTH TO SHERWOOD WEST TO FIRST HOUSE ON THE LEFT
  • Fireplace Wood Stove: Fireplace, In Family Room, In Living Room, In Master Bedroom
  • Homeowners Assoc N A Other: YES
  • Lot Street Improvem: Concrete Street
  • Open House Office I D: 20170519200923485295000000
  • Property Sub Type: Site Built
  • Prop. Type: Residential
  • Building Style: A-Frame, Single Level
  • Style N A Other: LOFT - BED AND BATH
  • Sub Code: Alpine Village
  • Sub Floor Type: Wood
  • Tract Suffix: Drive
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Floor Covering: Tile, Wood
  • Half Bathrooms: 1
  • 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, Furnished/See Rmrks, Guest Quarters, Master Main Floor, Skylights, Vaulted Ceiling
  • Kitchen Features: Breakfast Bar, Dishwasher, Eat-in, Electric Range, Garbage Disposal, Microwave, Pantry, Refrigerator
  • Laundry: Dryer, Stacked, Washer
  • Legal Description: Section: 33 Township: 11N Range: 10E Lots 1 & 2 , Alpine Village Unit 1 , Plat 610Sw1/4 Ne1/4 Sec 33 T11n R10e = 0.32 Ac(Out Of 302-79-001 & -002)
  • Entry Location: Corner, In Payson City Limits
  • Other Rooms: Loft, Media Room, Study/Office/Den
  • Source of Sq Ft: Assessor

Exterior Features

  • Exterior Construction: Log
  • Exterior Features: Dog Run, Drip System, In the Trees, Porch/Deck, Storage/Utility Shed, Tall Pines on Lot, View of Wooded/Trees
  • Fencing: Chain Link
  • Flood Zone: None
  • Horses Allowed On Property: No
  • Roof: Asphalt/Comp Shingle
  • Exterior Construction: Log
  • View: No

Garage/Parking

  • Garage Capacity: 2.00
  • Parking Features: Detached, Garage Only, RV Parking

Utilities

  • Cooling: Ceiling Fan, Central, Heat Pump
  • Heating: Baseboard, Fireplace/Woodstove, Forced Air, Heat Pump
  • Utilities Available: Cable TV/Satellite, Piped Propane, Sewer Hooked In, Telephone, Town of Payson Water, Trash
  • Water Heater: Electric, Over 30 Gallons, Propane

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 2787.16

Lot Info

  • Assessor Parcel Number: 302-79-002A
  • Lot Dimensions: 149x85x144x95
  • Zoning: R1

Tax Info

  • Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,699 -- -- --
2024 $2,699 $36,450 $6,912 $29,538
2023 $2,699 $32,988 $5,974 $27,014
2022 $2,616 $21,982 $5,230 $16,752
2021 $2,456 $21,982 $5,230 $16,752
2020 $2,038 $0 $0 $0
2019 $2,291 $0 $0 $0
2018 $2,155 $0 $0 $0
2017 $2,009 $0 $0 $0
2016 $1,968 $0 $0 $0
2015 $1,989 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $549,500 -5.2% $295 / Sq Ft
07/25/2025 07/25/25 Price Changed $579,500 -3.3% $312 / Sq Ft
03/23/2025 03/23/25 For Sale $599,000 -- $322 / Sq Ft
Source: Central Arizona Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 Pioneer Title Agency Inc
Warranty Deed $390,000 Pioneer Title Agency
Cash Sale Deed $270,000 Pioneer Title Agency
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Warranty Deed $200,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $360,000 New Conventional
Previous Owner $60,000 New Conventional
Previous Owner $175,000 Credit Line Revolving
Source: Public Records

Source: Central Arizona Association of REALTORS®

MLS Number: 91883

Central Arizona Association of REALTORS®

APN: 302-79-002A