NOT LISTED FOR SALE

501 E Phoenix St Payson, AZ 85541

Estimated Value: $374,000 - $478,000

3 Beds
2 Baths
1,462 Sq Ft
$306/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $473,674 $324 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,560/month

40 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Furnished
  • Vaulted Ceiling
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of June 2024

Stunning 3 bedroom, 2 bath home with majestic views! Immaculate home with open floor plan, gourmet kitchen, wood floors throughout and phenomenal picturesque windows overlooking the Rim. Gourmet kitchen boasts stainless steel appliances, double ovens and lots of cabinets. Great room overlooks mountain and forest views - perfect for watching sunsets or storms rolling into Payson. Primary suite with wood floors, double sinks, large shower and walk-in closet. Extended covered back patio with privacy. Inside laundry. 2 car garage with long driveway. Close to shopping, restaurants and outdoor hiking.

Last Agent to Sell the Property

Frank C. Merlo III

SERHANT. License #SA574487000 Listed on: 04/19/2024

SERHANT.

Co-Listed By

Deborah Sapp

SERHANT. License #SA546289000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,587

Year Built

  • Built in 1997

Lot Details

  • 7,002 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wire Fence
  • Corner Lot

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,462 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Skylights
  • Double Pane Windows
  • Low Emissivity Windows
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Central Air
  • Heating System Uses Propane
  • High Speed Internet

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Community Details

  • Association fees include (see remarks)
  • Just A Person Association, Phone Number (928) 468-6707
  • Built by Iverson Homes
  • Pinon Ridge Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 10N
  • Assessor Parcel Number 304-57-206

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,587

Year Built

Built in 1997

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Cross Street: Beeline Hwy and Phoenix Street
  • Legal Info Range: 10E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 2.5
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1997
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: praz07
  • Co List Office Phone: 480-467-4900
  • Subdivision Name: PINON RIDGE
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 323.99
  • Association Fees:HOA Fee2: 30.0
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Furnished(See Rmrks), No Interior Steps, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1462.0
  • Stories: 1
  • Window Features: Skylight(s), Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wire
  • Lot Features: Corner Lot, Desert Back, Desert Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Propane
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Propane: Yes

Condo/Co-op/Association

  • Association Fee: 30.0
  • Association Fee Frequency: Annually
  • Association Name: Pinion Ridge HOA
  • Phone: 928-468-6707
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Pinion Ridge HOA
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 30.0
  • Association Fees:HOA Management Company: Just a person
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

Schools

  • Elementary School: Out of Maricopa Cnty
  • High School: Out of Maricopa Cnty
  • Junior High Dist: Payson Unified District
  • Middle Or Junior School: Out of Maricopa Cnty

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7002.0
  • Parcel #: 304-57-206

Building Info

  • Builder Name: Iverson Homes

Tax Info

  • Tax Annual Amount: 2587.0
  • Tax Block: 10N
  • Tax Book Number: 304.00
  • Tax Lot: 6
  • Tax Map Number: 57.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2025
Sold by
Wertheimer Lloyd R and Wertheimer Cheryl Lynn
Bought by
Fusion 2023 Trust and Wertheimer
Current Estimated Value
$446,922

Purchase Details

Closed on
Oct 23, 2025
Sold by
Wertheimer Lloyd R and Wertheimer Cheryl Lynn
Bought by
Lloyd And Cheryl Wertheimer Living Trust and Utterback

Purchase Details

Listed on
May 30, 2018
Closed on
Jul 9, 2018
Sold by
Knoner Jay Don and Knoner Maryln S
Bought by
Hamlett Thomas E and Hamlett Leslie A
Seller's Agent
Paul Bates
ERA YOUNG REALTY-PAYSON
Buyer's Agent
Frank Merlo Jr.
Berkshire Hathaway HomeService
List Price
$278,000
Sold Price
$265,000
Premium/Discount to List
-$13,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
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
Fusion 2023 Trust -- None Listed On Document
Lloyd And Cheryl Wertheimer Living Trust -- None Listed On Document
Hamlett Thomas E $265,000 Pioneer Title Co Agency Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2024 06/27/24 Sold $473,674 -0.3% $324 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $474,900 +79.2% $325 / Sq Ft
07/23/2018 07/23/18 Sold $265,000 -4.7% $181 / Sq Ft View Prior Sale
06/26/2018 06/26/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $278,000 -- $190 / 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 $2,587 -- -- --
2024 $2,587 $35,041 $5,796 $29,245
2023 $2,587 $31,526 $5,158 $26,368
2022 $2,507 $23,217 $3,893 $19,324
2021 $2,354 $23,217 $3,893 $19,324
2020 $2,262 $0 $0 $0
2019 $2,195 $0 $0 $0
2018 $2,066 $0 $0 $0
2017 $1,926 $0 $0 $0
2016 $1,886 $0 $0 $0
2015 $1,716 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Frank C. Merlo III

    Seller's Agent in 2024

    Frank C. Merlo III

    SERHANT.

    (480) 467-4900

    137 Total Sales

    Frank C. Merlo III
    Section Image
  • Deborah Sapp

    Seller Co-Listing Agent in 2024

    Deborah Sapp

    SERHANT.

    (480) 797-6650

    120 Total Sales

    Deborah Sapp
    Section Image

  • N

    Buyer's Agent in 2024

    Non-MLS Agent

    Non-MLS Office

  • P

    Seller's Agent in 2018

    Paul Bates

    ERA YOUNG REALTY-PAYSON

    (928) 978-2691

    7 Total Sales

    Paul Bates
    Section Image

  • F

    Buyer's Agent in 2018

    Frank Merlo Jr.

    Berkshire Hathaway HomeService

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6694125

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-57-206

Arizona Gila County Payson 85541

501 E Phoenix St, Payson, AZ

Not Listed for Sale

Detached

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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