NOT LISTED FOR SALE

425 S Running Elk Rd Payson, AZ 85541

Estimated Value: $282,000 - $393,000

2 Beds
1 Bath
969 Sq Ft
$368/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $391,000 $404 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,072/month

1 Day on Market

Highlights

  • Horses Allowed On Property
  • Pine Trees
  • Wood Burning Stove
  • RV Access or Parking
  • Mountain View
  • No HOA

About This Home

As of June 2024

Charming 2 BR, 1 BA, 969+/- sq. ft. cabin nestled below the majestic Mogollon Rim. This mountain getaway has been recently updated with inviting white aspen walls and ceilings in most of the cabin. The kitchen features quartz countertops, white aspen cabinets and luxury vinyl plank flooring in the kitchen and dining/family room. Come relax on the tranquil updated covered and open decks. Completely fenced 0.76+/- acre lot with great mountain views, Landscaped yard, 2 car garage, RV parking, outdoor fire pit in the peaceful community of Colcord Mountain Homesites. Most of the furnishings are available for purchase outside of escrow with a bill of sale.

Last Agent to Sell the Property

Glori Surman

ERA YOUNG REALTY-PAYSON License #SA637168000 Listed on: 05/09/2024

Last Buyer's Agent

Brian Inman

West USA Realty License #SA110311000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,339

Year Built

  • Built in 1969

Lot Details

  • 0.76 Acre Lot
  • Rural Setting
  • South Facing Home
  • Landscaped
  • Corners Of The Lot Have Been Marked
  • Pine Trees
  • Property is zoned GU

Home Design

  • Cabin
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Rolled or Hot Mop Roof
  • Vinyl Siding

Interior Spaces

  • 969 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Double Pane Windows
  • Living Room with Fireplace
  • Family or Dining Combination
  • Mountain Views
  • Fire and Smoke Detector
  • Laundry in Garage

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Parking Pad
  • Garage Door Opener
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Shed

Utilities

  • Heating System Mounted To A Wall or Window
  • Propane Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 125 & 126
  • Assessor Parcel Number 303-19-127B

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,339

Year Built

Built in 1969

Lot Details

0

Listing Details

  • FILLACRES: 0.76
  • Estimated Sq Ft: 969.00
  • Estimated Sq Ft Range: 801 - 1000
  • Total Bathrooms: 1.00
  • House Faces: S
  • Directions: Hwy. 260 east of Payson to Colcord Rd. Go right. Follow Colcord Rd. approx. 4.5 miles, take a right on Running Elk. Stay to the right at the fork and follow Running Elk to the property on your left hand side.
  • Fencing Wire Fence: Completely fenced
  • Fireplace Wood Stove: In Living Room, Woodstove
  • Floor Covering N A Other: Luxury vinyl plank
  • Homeowners Assoc N A Other: No HOA
  • Listing Member Name: Glori Surman
  • Listing Office Short Id: 008
  • List Type: Exclusive ARS
  • Lot Street Improvem: Gravel Street
  • Property Sub Type: Site Built
  • Prop. Type: Residential
  • Selling Member Short Id: bi583
  • Building Style: Cabin, Single Level
  • Sub Code: Colcord Mountain
  • Sub Floor Type: Wood
  • Tract Suffix: Road
  • Utilities Available Other Water Company: Cactus State
  • Warranty Program: No
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Floor Covering: Carpeting, Vinyl/Plank
  • Basement Full Bathrooms: 1
  • Lower Floor 1 Bedrooms: 2
  • Dining Room: FR-Dining Combo
  • Fireplace Stove: Yes
  • Foreclosure: No
  • Interior Amenities: Dual Pane Window, Furnished/See Rmrks, Master Main Floor, No Interior Steps, Smoke Detector
  • Kitchen Features: Electric Range, Microwave, Pantry, Refrigerator
  • Laundry: Gas or Electric Hook Up, In Garage
  • Legal Description: 14E LOTS 125 & 126, COLCORD MOUNTAIN HOMESITES UNIT THREE, PLAT 278
  • Entry Location: Rural
  • Other Rooms: Family Room
  • Source of Sq Ft: Assessor

Exterior Features

  • Builder Name: Unknown
  • Exterior Construction: Wood Frame
  • Exterior Features: Corners Marked, Covered Porch/Deck, Fire Pit, In the Trees, Landscaped, Porch/Deck, Storage/Utility Shed, Tall Pines on Lot, View of Mountains
  • Flood Zone: None
  • Horses Allowed On Property: Yes
  • Lot Number: 125 & 126
  • Roof: Asphalt/Comp Shingle, Rolled
  • Exterior Construction: Vinyl
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Garage Capacity: 2.00
  • Parking Features: Detached, Garage Door Opener, Garage Only, Parking Pad, RV Parking

Utilities

  • Cooling: Ceiling Fan
  • Heating: Fireplace/Woodstove, Wall Panel
  • Utilities Available: Cable TV/Satellite, Electricity, Internet Hook Up, Propane Tank Incl, Septic Tank Installed, Telephone, Trash
  • Water Heater: Over 30 Gallons, Propane

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 2338.92

Lot Info

  • Assessor Parcel Number: 303-19-127B
  • Lot Dimensions: IRR
  • Zoning: GU

Tax Info

  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 6, 2024
Sold by
Sabol Paul M
Bought by
Villa Stephanie and Villa Michael Salvador
Seller's Agent
Glori Surman
ERA YOUNG REALTY-PAYSON
Buyer's Agent
Brian Inman
West USA Realty
List Price
$375,800
Sold Price
$391,000
Premium/Discount to List
$15,200
4.04%
Views
6
Current Estimated Value
$356,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,611
Avg. Annual Appreciation
-6.11%
Original Mortgage
$312,800
Outstanding Balance
$308,378
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$48,011
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

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2024 06/06/24 Sold $391,000 +4.0% $404 / Sq Ft
05/09/2024 05/09/24 For Sale $375,800 -- $388 / 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 $2,339 -- -- --
2024 $2,339 $23,054 $4,133 $18,921
2023 $2,339 $15,980 $4,550 $11,430
2022 $2,411 $17,272 $4,550 $12,722
2021 $2,500 $17,272 $4,550 $12,722
2020 $2,384 $0 $0 $0
2019 $2,271 $0 $0 $0
2018 $2,249 $0 $0 $0
2017 $2,166 $0 $0 $0
2016 $2,112 $0 $0 $0
2015 $2,145 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Glori Surman

    ERA YOUNG REALTY-PAYSON

    (928) 978-1853

    37 Total Sales

    Glori Surman
    Section Image

  • B

    Buyer's Agent in 2024

    Brian Inman

    West USA Realty

    (480) 315-1240

    145 Total Sales

    Brian Inman
    Section Image
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Map

Source: Central Arizona Association of REALTORS®

MLS Number: 90272

Central Arizona Association of REALTORS®

APN: 303-19-127B

Arizona Gila County Payson 85541

425 S Running Elk Rd, Payson, AZ

Not Listed for Sale

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.

Central Arizona Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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