NOT LISTED FOR SALE

502 E Lorene St Payson, AZ 85541

Estimated Value: $317,706 - $365,000

3 Beds
2 Baths
1,455 Sq Ft
$236/Sq Ft Est. Value

Last Sold March 09, 2020

Last sale price $200,000 $137 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,903/month

87 Days on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • Cooling Available
  • 1 Fireplace
  • Double Pane Windows
  • No Interior Steps

About This Home

As of March 2020

Charming three bedroom two bath block, single level home located in the heart of Payson. Interior boasts vaulted ceilings with warmth of the woodstove in the living room. Bonus room to be used as your hearts desired. Level Lot that is fully fenced for animals and toys with added bonus of no HOA.

Last Agent to Sell the Property

Suzy Tubbs

ERA-Young Realty & Investment License #SA663063000 Listed on: 11/05/2019

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 1976

Lot Details

  • 7,841 Sq Ft Lot
  • Desert faces the front and back of the property
  • Chain Link Fence

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,455 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Accessible Home Design

  • Accessible Hallway
  • No Interior Steps

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Propane

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Park Payson Pines Subdivision

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 304-43-043

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,450

Year Built

Built in 1976

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Legal Info Range: 10E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1976
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: PARK PAYSON PINES
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 137.45
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Utilities Butane Propane: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Vinyl, Tile
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Accessible Hallway(s)
  • Total Bedrooms: 3
  • Fireplace Features: Other, 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: No Interior Steps, Vaulted Ceiling(s), Full Bth Master Bdrm
  • Living Area: 1455.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: See Remarks, Other, Chain Link
  • Lot Features: Natural Desert Back, Gravel/Stone Front, Natural Desert Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Brick Veneer, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Utilities

  • Utilities: Propane
  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

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: 7841.0
  • Parcel #: 304-43-043

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1450.0
  • Tax Book Number: 304.00
  • Tax Lot: 43
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Mar 2, 2020
Sold by
Higgens Bryan and Higgens Sheryl
Bought by
Ellis Andrew J and Ellis Melissa C
Seller's Agent
Suzy Tubbs
ERA-Young Realty & Investment
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$235,000
Sold Price
$200,000
Premium/Discount to List
-$35,000
-14.89%
Current Estimated Value
$342,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,927
Avg. Annual Appreciation
9.50%
Original Mortgage
$190,000
Outstanding Balance
$166,789
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$176,138

Purchase Details

Closed on
May 31, 2006
Sold by
Radovich Richard S and Radovich Darlene
Bought by
Higgens Bryan and Higgens Sheyl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
9.5%
Mortgage Type
New Conventional
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Ellis Andrew J $200,000 Pioneer Title Agency Inc
Higgens Bryan $175,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Andrew J $190,000
Previous Owner Higgens Bryan $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2020 03/09/20 Sold $200,000 -3.6% $137 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
01/19/2020 01/19/20 Price Changed $207,500 -3.5% $143 / Sq Ft
12/17/2019 12/17/19 Price Changed $215,000 -6.3% $148 / Sq Ft
11/27/2019 11/27/19 Price Changed $229,500 -2.3% $158 / Sq Ft
11/05/2019 11/05/19 For Sale $235,000 -- $162 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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
2026 $1,698 $25,696 $5,704 $19,992
2025 $1,698 -- -- --
2024 $1,577 $23,324 $3,411 $19,913
2023 $1,577 $20,411 $3,276 $17,135
2022 $1,760 $14,279 $3,276 $11,003
2021 $1,652 $14,279 $3,276 $11,003
2020 $1,371 $0 $0 $0
2019 $1,541 $0 $0 $0
2018 $1,450 $0 $0 $0
2017 $1,351 $0 $0 $0
2016 $1,324 $0 $0 $0
2015 $1,207 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6001544

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-43-043

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