$399,000
SOLD JAN 6, 2025

407 W Main St Payson, AZ 85541

-- Bed
-- Bath
2,320 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$172 Per Sq Ft

11% Below List Price

159 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • Heat Pump System

About This Home

As of January 2025

Nestled on Main Street, this remarkable building has undergone extensive refurbishment, tailored perfectly for your next business endeavor. Boasting 8 convenient parking spaces at the front and ample town parking at the rear, this location effortlessly accommodates numerous guests. The space features stunning garage doors, seamlessly integrating the indoors with Payson's ideal climate. Embrace the spacious outdoor areas on the sides and back, ideal for versatile usage and enhancing the appeal of your enterprise. Come and see it today!

Last Agent to Sell the Property

Cassie Hendricks

Forest Properties Inc License #SA681207000 Listed on: 06/28/2024

Co-Listed By

Ed Hendricks

Forest Properties Inc License #BR036381000

Last Buyer's Agent

Cassie Hendricks

Forest Properties Inc License #SA681207000 Listed on: 06/28/2024

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,069

Year Built

  • Built in 1971

Lot Details

  • 6,970 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned COMMERCIAL & IN

Home Design

  • Wood Frame Construction
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,320 Sq Ft Home
  • Concrete Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Public Parking
  • Private Parking
  • Free Parking

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Rim View Add Subdivision
  • Operating Expense $2,069

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 304-16-105

Property Details

Property Type

Other

Est. Annual Taxes

$2,069

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: COMMERCIAL & IN
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2023
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: forp01
  • Co List Office Phone: 928-536-9111
  • Subdivision Name: Rim View Add
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 2320.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Parking Lot, Private, Free
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features Private Parking: Yes
  • Parking Features Free: Yes
  • Parking Features Public Parking: Yes

Utilities

  • Electric: Individual Meter, APS
  • Cooling: Central Air
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Parcel #: 304-16-105

Multi Family

  • Annual Operating Expense: 2069.0

Tax Info

  • Tax Annual Amount: 2069.0
  • Tax Book Number: 304.00
  • Tax Lot: 23
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2024
Sold by
Martinez Development Llc Series B
Bought by
Future Plans Trust and Martinez
Current Estimated Value
$397,694

Purchase Details

Closed on
Sep 17, 2020
Sold by
Gasoline Alley Inc
Bought by
Martinez Development Llc

Purchase Details

Closed on
Jan 7, 2016
Sold by
Stuart Michael W and Stuart Deborah R
Bought by
Gasoline Alley Inc

Purchase Details

Closed on
Nov 30, 2005
Sold by
Mandrick Frederick J and Mandrick Collette M
Bought by
Stuart Michael W and Stuart Deborah R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Special Warranty Deed $255,000 Pioneer Title Agency Inc
Cash Sale Deed $275,000 None Available
Cash Sale Deed $275,000 Pioneer Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2025 01/06/25 Sold $399,000 -11.3% $172 / Sq Ft
12/05/2024 12/05/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $450,000 -- $194 / 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 $2,069 -- -- --
2024 $2,069 $21,656 $5,752 $15,904
2023 $2,069 $17,410 $5,602 $11,808
2022 $2,151 $17,410 $5,602 $11,808
2021 $2,077 $17,410 $5,602 $11,808
2020 $1,995 $0 $0 $0
2019 $1,937 $0 $0 $0
2018 $1,825 $0 $0 $0
2017 $1,733 $0 $0 $0
2016 $1,777 $0 $0 $0
2015 $1,774 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cassie Hendricks

    Seller's Agent in 2025

    Cassie Hendricks

    Forest Properties Inc

    (928) 536-9111

    12 Total Sales

    Cassie Hendricks
    Section Image
  • Ed Hendricks

    Seller Co-Listing Agent in 2025

    Ed Hendricks

    Forest Properties Inc

    (928) 536-9111

    6 Total Sales

    Ed Hendricks
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6720858

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-16-105

Arizona Gila County Payson 85541

407 W Main St, Payson, AZ

Sold

Other

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

Nearby Homes