NOT LISTED FOR SALE

488 Homestead Ln Payson, AZ 85541

Estimated Value: $966,000 - $1,009,000

3 Beds
2.5 Baths
2,732 Sq Ft
$358/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $591,000 $216 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,723/month

223 Days on Market

Highlights

  • Above Ground Spa
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Mountain View
  • Wood Flooring
  • Granite Countertops

About This Home

As of March 2020

Cabin Life? Built on the highest elevated lot in Hunter Creek Ranch with epic views, backed to the Tonto National Forest, sits a well thought out cabin perfect for escaping the valley as a retreat, or to call home. Relax on your 684 sqft view deck, take a soak in the hot tub, or go on a hike, it's all about relaxation. The cabin has 3 bedrooms, 2.5 bathrooms, huge front room with vaulted ceilings with windows and french doors to always see the views, loft, and hidden game room. Brand new stainless steel appliances installed in the kitchen and views out the kitchen window of deer, elk, and wild turkeys as they walk through the property. Roads are paved and cleared during snow season for your convenience.

Last Agent to Sell the Property

Robert Cushing

LPT Realty, LLC License #SA654369000 Listed on: 06/27/2019

LPT Realty, LLC

Co-Listed By

Tom Aulman

LPT Realty, LLC License #SA660393000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,980

Year Built

  • Built in 2001

Lot Details

  • 0.45 Acre Lot

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Cellulose Insulation
  • Composition Roof

Interior Spaces

  • 2,732 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Mountain Views
  • Unfinished Basement

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Above Ground Spa
  • Balcony

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance, street maintenance, trash, water
  • Hunter Creek Ranch Association, Phone Number (480) 225-6592
  • Hunter Creek Ranch Subdivision

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 303-07-058-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,980

Year Built

Built in 2001

Lot Details

0

HOA Fees

$95 per month

Parking

2

Listing Details

  • Cross Street: Hunter Creek Dr & Homestead Ln
  • Legal Info Range: 13E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 94.5
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • Tax Year: 2019
  • Directions: From AZ-260 E turn left onto Christopher Creek Loop, then turn left onto Hunter Creek Dr, then turn right onto Homestead Ln. Also you can use google maps.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.45
  • Co List Office Mls Id: wsrr01
  • Co List Office Phone: 480-722-9800
  • Subdivision Name: HUNTER CREEK RANCH
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • Association Fees:HOA Fee2: 1134.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Unfinished
  • Flooring: Carpet, Tile, Wood
  • Basement YN: Yes
  • Possible Use: None
  • Spa Features: Above Ground
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 5
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, Vaulted Ceiling(s), Full Bth Master Bdrm
  • Living Area: 2732.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • Basement Description:Unfinished2: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Wood Frame, Blown Cellulose, Painted
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes
  • Construction:Blown Cellulose: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Extended Length Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 1134.0
  • Association Fee Frequency: Annually
  • Association Name: Hunter Creek Ranch
  • Phone: 480-225-6592
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Hunter Creek Ranch
  • Association Fees:HOA Telephone4: 480-225-6592
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint, Trash, Water

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19602.0
  • Parcel #: 303-07-058-A

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Book Number: 303.00
  • Tax Lot: 56
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2022
Sold by
Salem John H and Salem Natalie E
Bought by
Salem Family Trust
Current Estimated Value
$979,335

Purchase Details

Listed on
Jun 27, 2019
Closed on
Feb 25, 2020
Sold by
Andler Patrick and Andler Nancy Jo
Bought by
Krampetz Donald L and Krampetz Rebecca S
Seller's Agent
Robert Cushing
LPT Realty, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$650,000
Sold Price
$591,000
Premium/Discount to List
-$59,000
-9.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%
Original Mortgage
$472,800
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Salem Family Trust -- --
Krampetz Donald L $595,000 Pioneer Title Agency Inc
Andler Patrick -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krampetz Donald L $472,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2020 03/06/20 Sold $591,000 -8.4% $216 / Sq Ft
10/04/2019 10/04/19 Price Changed $645,000 -0.8% $236 / Sq Ft
06/27/2019 06/27/19 For Sale $650,000 -- $238 / 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 $4,980 -- -- --
2024 $4,980 $64,540 $2,033 $62,507
2023 $4,980 $35,636 $6,240 $29,396
2022 $5,775 $42,095 $6,240 $35,855
2021 $5,522 $42,095 $6,240 $35,855
2020 $5,389 $0 $0 $0
2019 $5,169 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Cushing

    Seller's Agent in 2020

    Robert Cushing

    LPT Realty, LLC

    (530) 867-4467

    25 Total Sales

    Robert Cushing
    Section Image
  • Tom Aulman

    Seller Co-Listing Agent in 2020

    Tom Aulman

    LPT Realty, LLC

    (480) 772-2331

    5 Total Sales

    Tom Aulman
    Section Image

  • N

    Buyer's Agent in 2020

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5945472

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-07-058A

Arizona Gila County Payson 85541

488 Homestead Ln, Payson, AZ

This home is located at 488 Homestead Ln, Payson, AZ 85541 since 27 June 2019 and is currently estimated at $979,335, approximately $358 per square foot. This property was built in 2001. 488 Homestead 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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