NOT LISTED FOR SALE

487 W Memory Ln Payson, AZ 85541

Estimated Value: $942,584 - $1,126,000

4 Beds
3 Baths
2,771 Sq Ft
$367/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $899,000 $324 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,996/month

3 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Ceiling Fan
  • Heating Available
  • Central Air

About This Home

As of July 2023

Full log cabin on a 2.45-acre lot backing to USFS and Common Area in the gated community of Hunter Creek. The community has paved roads, sewer and the ADWR deemed the well to be sufficient for the demands of the subdivision for one hundred years. The location is very private with four bedrooms, three baths, wood floors, vaulted ceilings, and the master bedroom on the main floor. Master has rock fireplace and French doors lead to the expansive deck. There is 673 sq ft of covered deck and 603 sq ft of open deck. A huge, covered portion of the deck wraps around to Master bedroom deck area. There is also a 2-car garage and room for storage. With the huge lot and features like an upper back deck looking out over the forest, you would have a hard time finding anything close to a property like this!

Last Agent to Sell the Property

Garth Linkey

Realty Executives Arizona Territory License #SA549747000 Listed on: 06/15/2023

Last Buyer's Agent

Barb Holtzen

West USA Realty License #SA058382000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,646

Year Built

  • Built in 1991

Lot Details

  • 2.45 Acre Lot

HOA Fees

  • $124 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Metal Roof

Interior Spaces

  • 2,771 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Schools

  • Out Of Maricopa Cnty Elementary And Middle School
  • Out Of Maricopa Cnty High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Association fees include sewer, street maintenance
  • Hunter Creek Ranch Association, Phone Number (509) 481-0031
  • Hunter Creek Ranch Subdivision

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number 303-07-099

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,646

Year Built

Built in 1991

Lot Details

0

HOA Fees

$124 per month

Parking

2

Listing Details

  • Cross Street: Christopher Creek Loop
  • Legal Info Range: 13E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 124.17
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1991
  • Tax Year: 2021
  • Directions: E on Hwy 260 20 miles to Christopher Creek Loop. Left on the loop and follow about 1.5 miles to Hunter Creek Dr. Rt on Hunter Creek Drive through gate. Rt on Homestead; Lt on Memory Ln to house.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 2.45
  • Subdivision Name: HUNTER CREEK RANCH
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 1490.0
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm
  • Living Area: 2771.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Other
  • Roof: Metal

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 1490.0
  • Association Fee Frequency: Annually
  • Association Name: Hunter Creek Ranch
  • Phone: 509-481-0031
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Hunter Creek Ranch
  • Association Fees:HOA Telephone4: 509-481-0031
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 400.0
  • Association Fees:Other Fees Description: Disclosure Fee
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Sewer6: Yes

Fee Information

  • Association Fee Includes: Sewer, Street Maint

Schools

  • Elementary School: Out of Maricopa Cnty
  • High School: Out of Maricopa Cnty
  • Middle Or Junior School: Out of Maricopa Cnty

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 106587.0
  • Parcel #: 303-07-099

Building Info

  • Builder Name: Unk

Tax Info

  • Tax Annual Amount: 6646.0
  • Tax Book Number: 303.00
  • Tax Lot: 97
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jul 7, 2023
Sold by
Jones Carol A
Bought by
Gavriilidis Revocable Trust and Gavriilidis
Seller's Agent
Garth Linkey
Realty Executives Arizona Territory
Buyer's Agent
Barb Holtzen
West USA Realty
List Price
$899,000
Sold Price
$899,000
Views
90
Current Estimated Value
$1,017,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,396
Avg. Annual Appreciation
5.65%

Purchase Details

Listed on
May 22, 2012
Closed on
May 6, 2013
Sold by
Sherwood Dwayne
Bought by
Jones Robert R and Jones Carol A
Seller's Agent
Ralph Christofferson
ERA YOUNG REALTY-CHRIS CREEK
Buyer's Agent
Ralph Christofferson
ERA YOUNG REALTY-CHRIS CREEK
List Price
$644,000
Sold Price
$525,000
Premium/Discount to List
-$119,000
-18.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$300,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2012
Sold by
Adair James
Bought by
Sherwood Dwayne

Purchase Details

Closed on
Feb 2, 2010
Sold by
Sherwood D Wayne and Sherwood Maria
Bought by
Adair James
Source: Public Records

Range of Values:

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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
Gavriilidis Revocable Trust $899,000 Pioneer Title
Jones Robert R $525,000 Pioneer Title Agency
Sherwood Dwayne -- None Available
Adair James $500,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Robert R $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2023 07/07/23 Sold $899,000 0.0% $324 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $899,000 +71.2% $324 / Sq Ft
05/15/2013 05/15/13 Sold $525,000 -18.5% $175 / Sq Ft View Prior Sale
04/10/2013 04/10/13 Pending -- -- --
05/22/2012 05/22/12 For Sale $644,000 -- $215 / 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 $5,489 -- -- --
2024 $5,489 $60,891 $13,068 $47,823
2023 $5,489 $39,277 $14,833 $24,444
2022 $6,926 $49,343 $14,833 $34,510
2021 $6,646 $49,343 $14,833 $34,510
2020 $6,487 $0 $0 $0
2019 $6,221 $0 $0 $0
2018 $5,954 $0 $0 $0
2017 $5,962 $0 $0 $0
2016 $5,815 $0 $0 $0
2015 $5,366 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    Garth Linkey

    Realty Executives Arizona Territory

  • Barb Holtzen

    Buyer's Agent in 2023

    Barb Holtzen

    West USA Realty

    (928) 793-2272

    31 Total Sales

    Barb Holtzen
    Section Image

  • R

    Seller's Agent in 2013

    Ralph Christofferson

    ERA YOUNG REALTY-CHRIS CREEK

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6569307

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-07-099

Arizona Gila County Payson 85541

487 W Memory Ln, Payson, AZ

This home is located at 487 W Memory Ln, Payson, AZ 85541 since 15 June 2023 and is currently estimated at $1,017,396, approximately $367 per square foot. This property was built in 1991. 487 W Memory Ln is a home located in Gila County with nearby schools including Julia Randall Elementary School, Payson Elementary School, and Rim Country Middle School.

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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