$350,000
SOLD FEB 25, 2025

503 E Timber Dr Payson, AZ 85541

2 Beds
2 Baths
1,232 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$284 Per Sq Ft

2% Below List Price

43 Days on Market

Highlights

  • RV Access or Parking
  • Ranch Style House
  • Covered Patio or Porch
  • Pine Trees
  • No HOA
  • Workshop

About This Home

As of February 2025

Pristine property in Payson. Beautifully remodeled in 2021-2022, with new kitchen with stainless appliances, wood countertops, breakfast bar and white shaker cabinets. Luxury vinyl plank flooring throughout and wood burning fireplace that keeps the living are and kitchen warm and cozy. Master bedroom is spacious, and the bathroom has tile, walk-in shower. Second bedroom and guest bathroom has a tub and shower. Fenced yard has room for an RV and parking with a bonus building that houses the washer and dryer and plenty of space for storage or workshop. Raised garden beds, roses galore and soaring pine trees make this a special place to call home. New roof in 2022 and house has central heating and cooling.

Last Agent to Sell the Property

Deborah Rose

Realty ONE Group License #SA551334000 Listed on: 12/12/2024

Realty ONE Group

Last Buyer's Agent

Robert Linkey

REALTY EXECUTIVES ARIZONA TERR License #SA028655000

REALTY EXECUTIVES ARIZONA TERR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,503

Year Built

  • Built in 1986

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60 x 116
  • East Facing Home
  • Partially Fenced Property
  • Chain Link Fence
  • Drip System Landscaping
  • Pine Trees
  • Property is zoned Payson R1-6-MH

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Workshop

Kitchen

  • Breakfast Bar
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Carport Spaces
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Forced Air Heating and Cooling System
  • Refrigerated Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 248
  • Assessor Parcel Number 302-70-248A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,503

Year Built

Built in 1986

Lot Details

0

Listing Details

  • FILLACRES: 0.16
  • Estimated Sq Ft: 1232.00
  • Estimated Sq Ft Range: 1001 - 1250
  • Total Bathrooms: 2.00
  • House Faces: E
  • Directions: N Manzanita St off Hwy 260E. Manzanita to E Timber, turn right. Sign on right.
  • Fireplace Wood Stove: Fireplace, Fireplace w/Insert, In Living Room
  • Laundry N A Other: Bonus Building
  • Listing Member Name: Deborah A Rose
  • Listing Office Short Id: 292
  • List Type: Exclusive ARS
  • Lot Street Improvem: Blacktop Street
  • Property Sub Type: Site Built
  • Prop. Type: Residential
  • Selling Member Short Id: RL0305
  • Building Style: Ranch, Single Level
  • Sub Code: Payson North U5
  • Sub Floor Type: Slab
  • Tract Suffix: Drive
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Floor Covering: Tile, Vinyl/Plank
  • Three Quarter Bathrooms: 1
  • Basement Full Bathrooms: 1
  • Lower Floor 1 Bedrooms: 2
  • Dining Room: Living-Dining Combo
  • Fireplace Stove: Yes
  • Foreclosure: No
  • Interior Amenities: C.O. Detector, Dual Pane Window, Smoke Detector
  • Kitchen Features: Breakfast Bar, Built in Microwave, Dishwasher, Electric Range, Garbage Disposal, Pantry, Refrigerator
  • Laundry: Dryer, Washer
  • Legal Description: Section: 34 Township: 11N Range: 10E LOT 248 of PAYSON NORTH UNIT FIVE PLAT 480 AND ALSO APORTION OF TRACT h AS SHOWN ON ROS 3791 DESC AS BEG AT THE SE COR OF LOT 248, TH S32D25'09''E, 11.37; THS57D34'51''W, 60.0';TH N32D25'09''W, 11.37'; THN57034'51''E, 60.0' TO POB SEC 34 T11N R1OE=0.16AC (OUT OF 302-70-248 &-280A).
  • Entry Location: In Payson City Limits
  • Other Rooms: Work Room
  • Source of Sq Ft: Assessor

Exterior Features

  • Exterior Construction: Wood Frame
  • Exterior Features: Covered Porch/Deck, Drip System, In the Trees, Landscaped, Tall Pines on Lot, Work Shop
  • Fencing: Chain Link, Partially Fenced
  • Flood Zone: None
  • Horses Allowed On Property: No
  • Lot Number: 248
  • Roof: Asphalt/Comp Shingle
  • Exterior Construction: Wood
  • View: No
  • Waterfront: No

Garage/Parking

  • Carport Capacity: 2.00
  • Parking Features: Carport Only, Detached, RV Parking

Utilities

  • Cooling: Ceiling Fan, Central, Electric Refrig.
  • Heating: Forced Air, Propane
  • Utilities Available: Cable TV/Satellite, Electricity, Piped Propane, Sewer Hooked In, Telephone, Town of Payson Water, Trash, Underground Util
  • Water Heater: Electric, Over 30 Gallons

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 1503.02

Lot Info

  • Assessor Parcel Number: 302-70-248A
  • Lot Dimensions: 60 x 116
  • Zoning: Payson R1-6-MH

Tax Info

  • Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2025
Sold by
Colvin Phillip Wesley
Bought by
Colvin Family Trust and Colvin
Current Estimated Value
$343,859

Purchase Details

Closed on
Jun 27, 2023
Sold by
Loyd Valentina V
Bought by
Loyd Valentina V and Loyd Christopher Lee

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jun 29, 2018
Sold by
Canning Alynn E
Bought by
Loyd Valentina V
Seller's Agent
Gary Cordell
KELLER WILLIAMS ARIZONA REALTY-PAYSON
Buyer's Agent
James Feezor
Berkshire Hathaway HomeServices Advantage Realty - PAYSON
List Price
$191,000
Sold Price
$190,000
Premium/Discount to List
-$1,000
-0.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$190,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Nov 12, 2009
Sold by
Payson North Unit V Home Owners Assn
Bought by
Canning Alynn E

Purchase Details

Closed on
Jul 8, 2006
Sold by
Reed Andrew B and Reed Nancy Jo
Bought by
Lee Dennis D and Lee Colleen
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Deed -- None Listed On Document
Warranty Deed $190,000 Pioneer Title Agency
Quit Claim Deed -- None Available
Cash Sale Deed $131,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $190,000 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2025 02/25/25 Sold $350,000 -2.1% $284 / Sq Ft
01/24/2025 01/24/25 Pending -- -- --
12/12/2024 12/12/24 For Sale $357,500 +88.2% $290 / Sq Ft
07/17/2018 07/17/18 Sold $190,000 -0.5% $154 / Sq Ft View Prior Sale
05/19/2018 05/19/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $191,000 -- $155 / Sq Ft
Source: Central Arizona Association of REALTORS®

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 $1,407 -- -- --
2024 $1,407 $24,981 $3,979 $21,002
2023 $1,407 $21,173 $3,807 $17,366
2022 $1,361 $15,125 $3,807 $11,318
2021 $1,279 $15,125 $3,807 $11,318
2020 $1,224 $0 $0 $0
2019 $1,186 $0 $0 $0
2018 $1,371 $0 $0 $0
2017 $598 $0 $0 $0
2016 $615 $0 $0 $0
2015 $590 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Deborah Rose

    Seller's Agent in 2025

    Deborah Rose

    Realty ONE Group

    (928) 478-2000

    171 Total Sales

    Deborah Rose
    Section Image

  • R

    Buyer's Agent in 2025

    Robert Linkey

    REALTY EXECUTIVES ARIZONA TERR

    (602) 618-6888

    82 Total Sales

    Robert Linkey
    Section Image

  • G

    Seller's Agent in 2018

    Gary Cordell

    KELLER WILLIAMS ARIZONA REALTY-PAYSON

  • J

    Buyer's Agent in 2018

    James Feezor

    Berkshire Hathaway HomeServices Advantage Realty - PAYSON

    (928) 474-2337

    34 Total Sales

    James Feezor
    Section Image
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Map

Source: Central Arizona Association of REALTORS®

MLS Number: 91404

Central Arizona Association of REALTORS®

APN: 302-70-248A

Arizona Gila County Payson 85541

503 E Timber Dr, Payson, AZ

Sold

Detached

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