NOT LISTED FOR SALE

404 E Cherry St Payson, AZ 85541

Estimated Value: $364,000 - $400,000

4 Beds
2 Baths
2,305 Sq Ft
$168/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $145,000 $63 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $2,207/month

88 Days on Market

Highlights

  • No HOA
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Fireplace
  • Wood Fence
  • 1-Story Property

About This Home

As of February 2014

2 Site Built Homes about 1/3 acre in Payson! The 2 bedroom 3/4 bath house w/car port on the west side features a living room with wood fireplace, large kitchen with kitchen dining, gas stove and refrigerator. The 2nd home on the East side features 2 bedrooms, 1 bath, 1 car garage, living room w/wood stove, large kitchen w/dining, refrigerator, utility room with washer dryer, is tenant occupied and rents for $775 month. This home has been remodeled with new kitchen plumbing, linoleum, water heater and bath. Both homes had roof replaced around 2008. They both share a block fenced yard. Both are easy to show with some notice. This property would be great for numerous situations such as investor or mother in-law situations.

Last Agent to Sell the Property

Marty Carpenter

ERA-Young Realty & Investment License #SA560869000 Listed on: 10/25/2013

Last Buyer's Agent

Sharon King

DeLex Realty License #BR020303000

DeLex Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,285

Year Built

  • Built in 1969

Lot Details

  • 0.31 Acre Lot
  • Desert faces the front and back of the property
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence

Parking

  • 1 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,305 Sq Ft Home
  • 1-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Mogollom Rim Add P6 Subdivision

Listing and Financial Details

  • Tax Lot 100
  • Assessor Parcel Number 304-04-248

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,285

Year Built

Built in 1969

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1969
  • Tax Year: 2014
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.31
  • Subdivision Name: Mogollom Rim Add P6
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 62.9
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • Fireplace: Yes
  • Living Area: 2305.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Chain Link, Wood
  • Lot Features: Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Garage Spaces: 1.0

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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: 13503.0
  • Parcel #: 304-04-248

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1284.94
  • Tax Book Number: 304.00
  • Tax Lot: 100
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2013
Closed on
Feb 12, 2014
Sold by
Wallingford Wanda V
Bought by
Cook Linda Rae
Seller's Agent
Marty Carpenter
ERA-Young Realty & Investment
Buyer's Agent
Sharon King
DeLex Realty
List Price
$169,900
Sold Price
$145,000
Premium/Discount to List
-$24,900
-14.66%
Current Estimated Value
$386,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,487
Avg. Annual Appreciation
8.54%
Original Mortgage
$108,750
Outstanding Balance
$81,335
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$305,152

Purchase Details

Closed on
Jul 6, 2009
Sold by
Vangundy Nancy V
Bought by
Wallingford Wanda

Purchase Details

Closed on
Jul 3, 2008
Sold by
Vangundy Nancy V
Bought by
Vangundy Nancy
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Cook Linda Rae $145,000 Pioneer Title Agency
Wallingford Wanda -- None Available
Vangundy Nancy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Linda Rae $108,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2014 02/28/14 Sold $145,000 -3.3% $63 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
12/27/2013 12/27/13 Price Changed $149,900 -9.1% $65 / Sq Ft
11/27/2013 11/27/13 Price Changed $164,900 -2.9% $72 / Sq Ft
10/25/2013 10/25/13 For Sale $169,900 -- $74 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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
2026 $2,353 $31,258 $7,161 $24,097
2025 $2,353 -- -- --
2024 $2,195 $28,963 $4,602 $24,361
2023 $2,195 $24,452 $3,742 $20,710
2022 $2,127 $18,990 $3,742 $15,248
2021 $1,997 $18,991 $3,743 $15,248
2020 $1,919 $0 $0 $0
2019 $1,863 $0 $0 $0
2018 $1,753 $0 $0 $0
2017 $1,634 $0 $0 $0
2016 $1,630 $0 $0 $0
2015 $1,354 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5020556

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-04-248