NOT LISTED FOR SALE

407 E Cherry St Payson, AZ 85541

Estimated Value: $475,774 - $750,000

4 Beds
2.5 Baths
1,584 Sq Ft
$352/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $295,000 $186 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,080/month

96 Days on Market

Highlights

  • Pine Trees
  • Sun or Florida Room
  • Walk-In Pantry
  • Ranch Style House
  • No HOA
  • Enclosed Patio or Porch

About This Home

As of May 2019

Not easy to find property on almost an acre in Payson! Main house has 4 bedrooms and 2 baths (+_ 1584 sq.) with Arizona room AND separate guest home +_384 sq. ft., plus 2 car detached steel frame carport. Roof is only few years old, all flooring are new, kitchen has been totally redone with new granite counter tops, breakfast bar, stainless steel appliances. The guest house has been totally redone in 2017-2018 by new tankless water heater, new tile shower, floors and more.Too many upgrades to list, but we have a list if you ask. Very quiet location, but close to the town amenities.

Last Agent to Sell the Property

Svetlana Ostankovich

ERA YOUNG REALTY-PAYSON License #SA51097300 Listed on: 01/30/2019

Last Buyer's Agent

Rebekah Sopeland

COLDWELL BANKER BISHOP REALTY - PAYSON License #BR008715000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,490

Year Built

  • Built in 1984

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 139.83x298.83x139.83x299.41
  • East Facing Home
  • Pine Trees
  • Property is zoned R1-6-MH

Parking

  • 2 Carport Spaces

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,584 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Fire and Smoke Detector
  • Laundry in Utility Room

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • Cement Board Skirt

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 002H
  • Assessor Parcel Number 304-02-002H

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,490

Year Built

Built in 1984

Lot Details

0

Listing Details

  • FILLACRES: 0.98
  • Estimated Sq Ft: 1584.00
  • Total Bathrooms: 3.00
  • House Faces: E
  • Directions: North on Beeline Hwy to E. Frontier St to S. Ponderosa St, North on Ponderosa St to E. Cherry, turn right and continue to the end of the street to sign on right.
  • Fencing N A Other: YES
  • Fireplace Wood Stove: Fireplace, In Family Room
  • Homeowners Assoc N A Other: YES
  • Listing Member Name: Svetlana Ostankovich
  • Listing Office Short Id: 008
  • List Type: Exclusive ARS
  • Location N A Other: YES
  • Lot Street Improvem: Blacktop Street
  • Property Sub Type: Site Built
  • Prop. Type: Residential
  • Selling Member Short Id: RS0493
  • Building Style: Ranch, Single Level
  • Sub Code: Mogollon Rim Add P6
  • Sub Floor Type: Slab
  • Warranty Program: No
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Floor Covering: Carpeting, Laminate, Tile
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Basement Full Bathrooms: 1
  • Lower Floor 1 Bedrooms: 4
  • Dining Room: Kitchen-Dining Combo
  • Fireplace Stove: Yes
  • Foreclosure: No
  • Interior Amenities: Dual Pane Window, Master Main Floor, Smoke Detector
  • Kitchen Features: Breakfast Bar, Dishwasher, Electric Range, Garbage Disposal, Microwave, Refrigerator, Walk In Pantry
  • Laundry: Utility Room
  • Legal Description: Long legal, COE
  • Other Rooms: Family Room, In Law Quarters, Sun Room
  • Source of Sq Ft: Assessor

Exterior Features

  • Builder Name: Unknown
  • Exterior Construction: Wood Frame
  • Exterior Features: Enclosed Patio, In the Trees, Tall Pines on Lot
  • Flood Zone: None
  • Horses Allowed On Property: No
  • Lot Number: 002H
  • Roof: Asphalt/Comp Shingle
  • Exterior Construction: Concrete Board
  • View: No
  • Waterfront: No

Garage/Parking

  • Carport Capacity: 2.00
  • Parking Features: Carport Only, Detached

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Master HOA Frequency: Other

Fee Information

  • Taxes: 1490.24

Lot Info

  • Assessor Parcel Number: 304-02-002H
  • Lot Dimensions: 139.83X298.83X139.83X299.41
  • Zoning: R1-6-MH

Tax Info

  • Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Vasquez Jesus R and Vasquez Rita V
Bought by
Vasquez Living Trust
Current Estimated Value
$557,694

Purchase Details

Listed on
Jan 30, 2019
Closed on
May 28, 2019
Sold by
Hoover Daniel K and Hoover Heidi A
Bought by
Vasquez Jesus R and Vasquez Rita V
Seller's Agent
Svetlana Ostankovich
ERA YOUNG REALTY-PAYSON
Buyer's Agent
Rebekah Sopeland
COLDWELL BANKER BISHOP REALTY - PAYSON
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%
Original Mortgage
$239,656
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 22, 2016
Closed on
Sep 20, 2016
Sold by
Savage Robert Allen and Savage Joan Diane
Bought by
Hoover Daniel K and Hoover Heidi A
Seller's Agent
James Feezor
Berkshire Hathaway HomeServices Advantage Realty - PAYSON
Buyer's Agent
Svetlana Ostankovich
ERA YOUNG REALTY-PAYSON
List Price
$246,000
Sold Price
$227,000
Premium/Discount to List
-$19,000
-7.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
Original Mortgage
$222,888
Interest Rate
3.43%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vasquez Living Trust -- --
Vasquez Jesus R $295,000 Pioneer Title Agency
Hoover Daniel K $227,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasquez Jesus R $239,656
Previous Owner Hoover Daniel K $222,888
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2019 05/31/19 Sold $295,000 -9.2% $186 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $325,000 +43.2% $205 / Sq Ft
09/28/2016 09/28/16 Sold $227,000 -7.7% $143 / Sq Ft View Prior Sale
08/16/2016 08/16/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $246,000 -- $155 / 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 $1,891 -- -- --
2024 $1,891 $38,633 $8,682 $29,951
2023 $1,891 $31,190 $5,702 $25,488
2022 $1,828 $22,016 $5,702 $16,314
2021 $1,719 $22,016 $5,702 $16,314
2020 $1,644 $0 $0 $0
2019 $1,593 $0 $0 $0
2018 $1,490 $0 $0 $0
2017 $1,387 $0 $0 $0
2016 $1,346 $0 $0 $0
2015 $1,244 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Svetlana Ostankovich

    ERA YOUNG REALTY-PAYSON

  • R

    Buyer's Agent in 2019

    Rebekah Sopeland

    COLDWELL BANKER BISHOP REALTY - PAYSON

  • J

    Seller's Agent in 2016

    James Feezor

    Berkshire Hathaway HomeServices Advantage Realty - PAYSON

    (928) 474-2337

    34 Total Sales

    James Feezor
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Map

Source: Central Arizona Association of REALTORS®

MLS Number: 79637

Central Arizona Association of REALTORS®

APN: 304-02-002H

Arizona Gila County Payson 85541

407 E Cherry St, Payson, AZ

Not Listed for Sale

Detached

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