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 $2,214/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
8.65%
Original Mortgage
$108,750
Outstanding Balance
$82,312
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$304,175

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 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 $2,195 -- -- --
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

  • Marty Carpenter

    Seller's Agent in 2014

    Marty Carpenter

    ERA-Young Realty & Investment

    (928) 978-8653

    131 Total Sales

    Marty Carpenter
    Section Image
  • Sharon King

    Buyer's Agent in 2014

    Sharon King

    DeLex Realty

    (928) 978-0527

    6 Total Sales

    Sharon King
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5020556

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-04-248

Arizona Gila County Payson 85541

404 E Cherry St, Payson, AZ

Not Listed for Sale

Detached

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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