NOT LISTED FOR SALE

402 E Cherry St Payson, AZ 85541

Estimated Value: $457,814 - $528,000

3 Beds
2 Baths
1,513 Sq Ft
$324/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $400,000 $264 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,885/month

26 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • No HOA
  • Eat-In Kitchen
  • Granite Countertops
  • Covered patio or porch
  • Double Pane Windows

About This Home

As of July 2021

Beautiful Ranch Style Cabin in Payson AZ! This spacious family home has many fine appointment throughout including large bedrooms with walk in closets, Spacious Master with Walk in travertine stone shower in bathroom, with double vanity and huge walk in closet. Gas fireplace in Master. Upgraded Kitchen with all GE appliances, granite countertops throughout, and also in the 2nd bath room which also features a jetted tub. The home has solid pine doors throughout as well as custom wood mini-blinds. Oversized 2 car garage 24x26 with Attic and tons of storage. 2 RV hookups with sewer and electric with 240v/50amp and 110v/30 amp receptacles. A large back patio and dog run make it nice to enjoy the outdoors, lots of room for toys, quads etc. This property has only one owner, built to last with 30 year shingles, 6ton AC/Gas Pack, 50 gal hot water heater, large utility room with cabinets, and so much more. Original blueprints on display and will convey with the home. Elevation and plans available at showing. Large .31 acres with apple trees, tall Ponderosa Pines, Black Jack Oak, White Oak, rose bushes, Blackberry vines, and more...Do not miss this great home in Payson.

Last Agent to Sell the Property

Tamra Lee Ulmer

Arizona Resource Realty License #BR518926000 Listed on: 05/11/2021

Last Buyer's Agent

Jay McInnis

HomeSmart License #SA655211000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,662

Year Built

  • Built in 2006

Lot Details

  • 0.31 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Wire Fence

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,513 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Air
  • Heating Available
  • Propane

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Mogollon Rim Add Subdivision

Listing and Financial Details

  • Tax Lot 99
  • Assessor Parcel Number 304-04-247

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,662

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Legal Info Range: 10E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2020
  • Directions: Hwy 87 to McKamey East, to Ponderosa, take right to Cherry, turn left down to home on the left, see sign.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.31
  • Subdivision Name: MOGOLLON RIM ADD
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Concrete
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 1513.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Chain Link, Partial, Wood, Wire
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Disclosures: Other (See Remarks), Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Utilities: Propane
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13658.0
  • Parcel #: 304-04-247

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 1662.0
  • Tax Book Number: 304.00
  • Tax Lot: 99
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Jul 1, 2021
Sold by
Ulmer Jeremy D and Ulmer Kristy L
Bought by
Cook Linda Rae
Seller's Agent
Tamra Lee Ulmer
Arizona Resource Realty
Buyer's Agent
Jay McInnis
HomeSmart
List Price
$450,555
Sold Price
$400,000
Premium/Discount to List
-$50,555
-11.22%
Current Estimated Value
$493,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,535
Avg. Annual Appreciation
5.24%
Original Mortgage
$320,000
Outstanding Balance
$293,479
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$198,682

Purchase Details

Closed on
May 9, 2006
Sold by
Bell Robert L
Bought by
Ulmer Jeremy D and Ulmer Kristy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.66%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Cook Linda Rae $400,000 Pioneer Title Agency Inc
Ulmer Jeremy D $110,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Linda Rae $320,000
Previous Owner Ulmer Kristy L $248,000
Previous Owner Ulmer Kristy L $31,000
Previous Owner Ulmer Jeremy D $234,000
Previous Owner Ulmer Jeremy D $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $400,000 -6.0% $264 / Sq Ft
07/08/2021 07/08/21 Price Changed $425,555 0.0% $281 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
05/21/2021 05/21/21 Price Changed $425,555 -5.5% $281 / Sq Ft
05/11/2021 05/11/21 For Sale $450,555 -- $298 / 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 $1,912 -- -- --
2024 $1,912 $37,634 $4,602 $33,032
2023 $1,912 $32,158 $3,742 $28,416
2022 $1,848 $22,269 $3,742 $18,527
2021 $1,738 $22,270 $3,743 $18,527
2020 $1,662 $0 $0 $0
2019 $1,611 $0 $0 $0
2018 $1,507 $0 $0 $0
2017 $1,402 $0 $0 $0
2016 $1,361 $0 $0 $0
2015 $1,312 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tamra Lee Ulmer

    Seller's Agent in 2021

    Tamra Lee Ulmer

    Arizona Resource Realty

    (928) 474-2550

    312 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    Jay McInnis

    HomeSmart

    (480) 893-7629

    19 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6234696

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-04-247

Arizona Gila County Payson 85541

402 E Cherry St, Payson, AZ

This home is located at 402 E Cherry St, Payson, AZ 85541 since 11 May 2021 and is currently estimated at $490,204, approximately $323 per square foot. This property was built in 2006. 402 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.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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