NOT LISTED FOR SALE

402 S Arroyo Dr Payson, AZ 85541

Estimated Value: $535,176 - $633,000

3 Beds
2.5 Baths
2,434 Sq Ft
$238/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $465,000 $191 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,311/month

27 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Corner Lot
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of February 2022

Located in a great neighborhood, close to the Payson Golf Course and National Forest is this 2250+/- sq. ft. home with 3 bedrooms, 3 bathrooms and a 2-car garage. With lots of potential this home offers a large great room with vaulted ceilings, gas corner fireplace with stone accents that offers ambiance in the dinning/kitchen. Granite counters, stainless steel appliances and pantry. Master bedroom, den and 1/2 bath all on the main living level. Downstairs offers 2 bedrooms, a family room, large laundry room with plenty of storage and a full bath. With a little love this home has endless possibilities. Lot is .32+/- and backs to a seasonal creek for privacy.

Last Agent to Sell the Property

Kim Ross

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3 License #BR506146000 Listed on: 12/08/2021

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3

Last Buyer's Agent

NOT A CAAR MEMBER

NOT A CAAR MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1996

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 122x112x94x135
  • Cul-De-Sac
  • South Facing Home
  • Partially Fenced Property
  • Chain Link Fence
  • Landscaped
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,434 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Hobby Room
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Laundry in Basement

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Refrigerated Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 98
  • Assessor Parcel Number 304-09-105

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,770

Year Built

Built in 1996

Lot Details

0

Listing Details

  • FILLACRES: 0.32
  • Estimated Sq Ft: 2434.00
  • Estimated Sq Ft Range: 2001 - 2500
  • Assessor Parcel Number: 105
  • Total Bathrooms: 3.00
  • House Faces: S
  • Directions: From Hwy 87, West on Main Street -continue to Vista and take a right, Right on Bonita, Right on Arroyo, property is on the corner. Sign on property
  • Fireplace Wood Stove: Fireplace, In Great Room
  • Homeowners Assoc N A Other: YES
  • Listing Member Name: Kimberly Ann Ross
  • Listing Office Short Id: re222
  • List Type: Exclusive ARS
  • Lot Street Improvem: Blacktop Street
  • Open House Office I D: 20201106213254595234000000
  • Property Sub Type: Site Built
  • Prop. Type: Residential
  • Selling Member Short Id: AA0000
  • Selling Office Short Id: 60
  • Building Style: Two Story, Walk-out Basement
  • Sub Code: Wildwood
  • Sub Floor Type: Slab, Wood
  • Tract Suffix: Drive
  • Warranty Program: No
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Floor Covering: Carpeting, Tile, Wood
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Basement Full Bathrooms: 1
  • Lower Floor 1 Bedrooms: 3
  • Dining Room: Great Room, Kitchen-Dining Combo
  • Fireplace Stove: Yes
  • Foreclosure: No
  • Interior Amenities: Dual Pane Window, Master Main Floor, Smoke Detector, Split Floor Plan, Vaulted Ceiling
  • Kitchen Features: Breakfast Bar, Built in Microwave, Dishwasher, Electric Range, Microwave, Refrigerator, Walk In Pantry
  • Laundry: Dryer, In Basement, Washer
  • Legal Description: Section: 05 Township: 10N Range: 10E Lot 98, Wildwood, Plat 595Ne1/4 Sw 1/4 Sec 5 T10n R10e=0.32 Ac (Out of 304-09-003)
  • Entry Location: Corner, Cul-De-Sac
  • Other Rooms: Family Room, Foyer/Entry, Hobby Room, Study/Office/Den
  • Source of Sq Ft: Appraiser

Exterior Features

  • Builder Name: Unknown
  • Exterior Construction: Wood Frame
  • Exterior Features: Covered Patio, Covered Porch/Deck, Landscaped, Porch/Deck, View of Mountains
  • Fencing: Chain Link, Partially Fenced
  • Flood Zone: None
  • Horses Allowed On Property: No
  • Lot Number: 98
  • Roof: Asphalt/Comp Shingle
  • Exterior Construction: Wood
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Garage Capacity: 2.00
  • Parking Features: Attached, Garage Only

Utilities

  • Cooling: Ceiling Fan, Central, Electric Refrig.
  • Heating: Forced Air, Propane
  • Utilities Available: Cable TV/Satellite, Electricity, Internet Hook Up, Piped Propane, Sewer Hooked In, Town of Payson Water, Trash, Underground Util
  • Water Heater: Electric, Over 30 Gallons

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 2769.60

Lot Info

  • Assessor Parcel Number: 304-09-105
  • Lot Dimensions: 122x112x94x135
  • Zoning: Residential

Tax Info

  • Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
May 10, 2019
Sold by
Armington Jennifer A and Simmons Jennifer A
Bought by
Thompson Joseph
Seller's Agent
Mark Alten
KELLER WILLIAMS ARIZONA REALTY-PAYSON
Buyer's Agent
Deborah Rose
Realty ONE Group
List Price
$359,000
Sold Price
$345,000
Premium/Discount to List
-$14,000
-3.9%
Current Estimated Value
$578,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,294
Avg. Annual Appreciation
8.41%
Original Mortgage
$334,650
Outstanding Balance
$294,849
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$283,445

Purchase Details

Listed on
Mar 23, 2015
Closed on
Apr 23, 2015
Sold by
Spencer Donald E
Bought by
Simmons Jennifer A
Seller's Agent
NOT A CAAR MEMBER
NOT A CAAR MEMBER
Buyer's Agent
Clark Jones
ERA YOUNG REALTY-PAYSON
List Price
$314,900
Sold Price
$310,000
Premium/Discount to List
-$4,900
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.64%
Original Mortgage
$294,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2014
Sold by
Spencer Deborah Lynn
Bought by
Spencer Donald E and Spencer Deborah Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
4.32%
Mortgage Type
VA

Purchase Details

Closed on
Mar 11, 2009
Sold by
Federal National Mortgage Association
Bought by
Spencer Deborah Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,700
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2009
Sold by
Spencer Donald Eugene
Bought by
Spencer Deborah Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,700
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2008
Sold by
Desert Schools Federal Credit Union
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 24, 2008
Sold by
Newton Joseph
Bought by
Desert Schools Fcu

Purchase Details

Closed on
Apr 12, 2006
Sold by
Newton Joseph and Newton Heather
Bought by
Newton Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 19, 2005
Sold by
Vogt Gordon L and Wyman Vogt Cindy
Bought by
Newton Joseph and Newton Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,600
Interest Rate
5.67%
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
Thompson Joseph $345,000 Pioneer Title Agency
Simmons Jennifer A -- Pioneer Title
Spencer Donald E -- Pioneer Title Agency
Spencer Deborah Lynn $242,000 Pioneer Title Agency
Spencer Deborah Lynn -- Pioneer Title Agency
Federal National Mortgage Association -- Pioneer Title Agency
Desert Schools Fcu $378,748 Pioneer Title Agency
Newton Joseph -- First American Title
Newton Joseph $249,500 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Joseph $334,650
Previous Owner Simmons Jennifer A $294,500
Previous Owner Spencer Donald E $237,625
Previous Owner Spencer Don $238,500
Previous Owner Spencer Deborah Lynn $208,000
Previous Owner Spencer Deborah Lynn $208,000
Previous Owner Spencer Deborah Lynn $205,700
Previous Owner Spencer Deborah Lynn $205,700
Previous Owner Newton Joseph $30,000
Previous Owner Newton Joseph $360,000
Previous Owner Newton Joseph $20,000
Previous Owner Newton Joseph $199,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2022 02/07/22 Sold $465,000 +2.2% $191 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
12/08/2021 12/08/21 For Sale $455,000 +31.9% $187 / Sq Ft
05/28/2019 05/28/19 Sold $345,000 -3.9% $153 / Sq Ft View Prior Sale
04/08/2019 04/08/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $359,000 +15.8% $160 / Sq Ft
04/23/2015 04/23/15 Sold $310,000 -1.6% $138 / Sq Ft View Prior Sale
03/23/2015 03/23/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $314,900 -- $140 / 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 $3,047 -- -- --
2024 $3,047 $48,567 $6,912 $41,655
2023 $3,047 $44,063 $5,974 $38,089
2022 $2,945 $31,178 $5,230 $25,948
2021 $2,770 $31,178 $5,230 $25,948
2020 $2,649 $0 $0 $0
2019 $2,567 $0 $0 $0
2018 $2,401 $0 $0 $0
2017 $2,235 $0 $0 $0
2016 $2,169 $0 $0 $0
2015 $2,237 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Arizona Association of REALTORS®

MLS Number: 85912

Central Arizona Association of REALTORS®

APN: 304-09-105