NOT LISTED FOR SALE

502 E Timber Dr Payson, AZ 85541

Estimated Value: $348,000 - $391,000

3 Beds
2 Baths
1,600 Sq Ft
$233/Sq Ft Est. Value

Last Sold October 09, 2019

Last sale price $224,000 $140 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,100/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Covered Patio or Porch
  • Vaulted Ceiling
  • No HOA
  • Balcony

About This Home

As of October 2019

Remodeled beauty! This immaculate 3 bedroom, 2 bathroom home features 1,600 sq. ft., RV parking, hard wood floors and tile throughout, open floor plan and a large wrap around covered deck. The living room has tall vaulted ceilings, plenty of windows for natural light and a wood burning stove perfect for Payson's cooler months. The kitchen is a beauty with all new counter tops and appliances; and features lots of cabinet space, pantry and a breakfast bar. Upstairs is a bedroom and a loft with hidden storage. Downstairs you'll find a finished walk-out basement with a murphy bed, full bathroom and private access to the covered patio. Outside is an oasis of beautiful landscaping, gardens and water fountains. The backyard is fully fenced with solar lighting, a botchy ball/ horseshoe pit and and you can enjoy it all from the large covered deck with privacy shades. Come see this amazing home today!

Last Agent to Sell the Property

Kimberly Anderson

Realty Executives Arizona Territory License #SA538219000 Listed on: 08/21/2019

Realty Executives Arizona Territory

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,482

Year Built

  • Built in 1989

Lot Details

  • 7,405 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wood Fence
  • Chain Link Fence
  • Sprinklers on Timer

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 8 Open Parking Spaces
  • RV Access or Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Propane
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Payson North Unit 5 Subdivision

Listing and Financial Details

  • Tax Lot 92
  • Assessor Parcel Number 302-70-092-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,482

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 8.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1989
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: Payson North Unit 5
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • General Property Description:PriceSqFt: 140.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Utilities Butane Propane: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Walk-Out Access, Finished
  • Flooring: Tile, Wood
  • Basement YN: Yes
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1600.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Loft: Yes
  • Basement Description:Walkout: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Chain Link, Wood
  • Exterior Features: Balcony, Storage
  • Lot Features: Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Parking Features: RV Access/Parking
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Parking Features:RV AccessParking: Yes

Utilities

  • Utilities: Propane
  • Cooling: Ceiling Fan(s), Window/Wall Unit
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: 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: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 302-70-092-A

Building Info

  • Builder Name: Unk

Tax Info

  • Tax Annual Amount: 1482.0
  • Tax Book Number: 302.00
  • Tax Lot: 92
  • Tax Map Number: 70.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2022
Sold by
Mckillip Michael P and Mckillip Christine M
Bought by
Mckillip Family Living Trust
Current Estimated Value
$372,410

Purchase Details

Listed on
Aug 21, 2019
Closed on
Oct 4, 2019
Sold by
Torres Ruben P
Bought by
Mckillip Michael P and Mckillip Christine M
Seller's Agent
Kimberly Anderson
Realty Executives Arizona Territory
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$231,900
Sold Price
$224,000
Premium/Discount to List
-$7,900
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%

Purchase Details

Listed on
Jul 30, 2018
Closed on
Oct 12, 2018
Sold by
Vesper Kerry and Vesper Joyce H
Bought by
Torres Ruben P
Seller's Agent
Daphne Rutz
COLDWELL BANKER BISHOP REALTY - PAYSON
Buyer's Agent
Elizabeth Alexander
Berkshire Hathaway HomeServices Advantage Realty - PAYSON
List Price
$210,000
Sold Price
$195,000
Premium/Discount to List
-$15,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.20%
Original Mortgage
$100,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2009
Sold by
Payson North Unit V Home Owners Assn
Bought by
Vesper Kerry and Vesper Joyce H

Purchase Details

Closed on
Jun 27, 2008
Sold by
Lee Dennis D and Lee Colleen
Bought by
Vesper Kerry and Vesper Joyce H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.04%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mckillip Family Living Trust -- --
Mckillip Michael P $224,000 Pioneer Title Agency
Torres Ruben P $195,000 Pioneer Title Agency
Vesper Kerry -- None Available
Vesper Kerry $210,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Ruben P $100,000
Previous Owner Vesper Kerry $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2019 10/09/19 Sold $224,000 -3.4% $140 / Sq Ft
08/25/2019 08/25/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $231,900 +18.9% $145 / Sq Ft
10/18/2018 10/18/18 Sold $195,000 -7.1% $177 / Sq Ft View Prior Sale
09/08/2018 09/08/18 Pending -- -- --
07/30/2018 07/30/18 For Sale $210,000 -- $191 / 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 $1,611 -- -- --
2024 $1,611 $28,663 $4,116 $24,547
2023 $1,611 $24,263 $3,943 $20,320
2022 $1,558 $16,497 $3,943 $12,554
2021 $1,465 $16,497 $3,943 $12,554
2020 $1,401 $0 $0 $0
2019 $1,358 $0 $0 $0
2018 $1,482 $0 $0 $0
2017 $1,381 $0 $0 $0
2016 $1,353 $0 $0 $0
2015 $1,231 $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: 5968907

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-70-092A