NOT LISTED FOR SALE

505 W Sherwood Dr Payson, AZ 85541

Estimated Value: $363,000 - $400,000

2 Beds
2 Baths
1,210 Sq Ft
$310/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $233,500 $193 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,199/month

20 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Fireplace
  • Vaulted Ceiling
  • Skylights
  • Porch

About This Home

As of May 2019

MOVE IN READY, TWO BEDROOM HOME-LARGE BEDROOMS WITH TWO FULL BATHS. BRIGHT LIGHT KITCHEN WITH SKYLIGHT AND VAULTED CEILING. NEW REAR TREK DECK UNDER BACK YARD TREES. FRONT DECK HASTREK , ALSO. NICE METAL ROOF. METAL UTILITY SHED IN BACK YARD. YARD LANSCAPED. BACK YARD HAS WOOD PRIVACY FENCE. LEVEL ACCESS FROM DRIVEWAY AND GARAGE. CLEAN, NEAT, & SWEET.

Last Agent to Sell the Property

Bonnie Jo

PAYSON REALTY License #BR551602000 Listed on: 04/21/2019

Last Buyer's Agent

Kristin Croak

ERA YOUNG REALTY-PAYSON License #SA549276000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,524

Year Built

  • Built in 1992

Lot Details

  • 6,534 Sq Ft Lot
  • West Facing Home
  • Dog Run
  • Partially Fenced Property
  • Wood Fence
  • Landscaped
  • Property is zoned R1-6

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,210 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Shed
  • Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 302-79-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,524

Year Built

Built in 1992

Lot Details

0

Listing Details

  • FILLACRES: 0.15
  • Estimated Sq Ft: 1210.00
  • Estimated Sq Ft Range: 1001 - 1250
  • Assessor Parcel Number: 009
  • Total Bathrooms: 2.00
  • House Faces: W
  • Directions: HWY 87 TO WEST ON AIRPORT RD TO LEFT ON MCLANE TO RIGHT ON SHERWOOD TO HOME ON LOEFT AT SIGN.
  • Fireplace Woodstove N A Other: YES
  • Homeowners Assoc N A Other: YES
  • Listing Member Name: Bonnie Jo Dorris
  • Listing Office Short Id: 281
  • List Type: Exclusive ARS
  • Location N A Other: YES
  • Lot Street Improvem: Blacktop Street
  • Open House Office I D: 20121002182659776862000000
  • Other Rooms N A Other: YES
  • Property Sub Type: Site Built
  • Prop. Type: Residential
  • Selling Member Short Id: KC0117
  • Selling Office Short Id: 008
  • Building Style: Contemporary, Single Level
  • Sub Code: Alpine Village
  • Sub Floor Type: Wood
  • Tract Suffix: Drive
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Floor Covering: Carpeting, Laminate, Vinyl
  • Basement Full Bathrooms: 2
  • Lower Floor 1 Bedrooms: 2
  • Dining Room: Living-Dining Combo
  • Fireplace Stove: Yes
  • Foreclosure: No
  • Interior Amenities: Dual Pane Window, Master Main Floor, Skylights, Smoke Detector, Vaulted Ceiling
  • Kitchen Features: Dishwasher, Electric Range, Pantry, Refrigerator
  • Laundry: Dryer, In Hallway, Washer
  • Legal Description: LOT 9 ALPINE VILLAGE UNIT ONE, PLAT 610SW1/4 NE1/4 SEC 33 T11N R10E = 0.15 AC
  • Source of Sq Ft: Appraiser

Exterior Features

  • Exterior Construction: Wood Frame
  • Exterior Features: Dog Run, In the Trees, Landscaped, Porch/Deck, Storage/Utility Shed
  • Fencing: Partially Fenced, Wood Fence
  • Flood Zone: None
  • Horses Allowed On Property: No
  • Lot Number: 9
  • Roof: Metal
  • Exterior Construction: Wood
  • View: No
  • Waterfront: No

Garage/Parking

  • Garage Capacity: 2.00
  • Parking Features: Attached, Garage Door Opener, Garage Only

Utilities

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

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 1524.06

Lot Info

  • Assessor Parcel Number: 302-79-009
  • Lot Dimensions: 68X95M/L
  • Zoning: R1-6

Tax Info

  • Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2019
Closed on
May 17, 2019
Sold by
Walgren Timothy C and Weekly Gail E
Bought by
Schultejann John G and Simons Jennifer A
Seller's Agent
Bonnie Jo
PAYSON REALTY
Buyer's Agent
Kristin Croak
ERA YOUNG REALTY-PAYSON
List Price
$238,500
Sold Price
$233,500
Premium/Discount to List
-$5,000
-2.1%
Current Estimated Value
$375,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,603
Avg. Annual Appreciation
6.84%

Purchase Details

Listed on
Feb 9, 2015
Closed on
Apr 15, 2015
Sold by
Fannie Mae
Bought by
Walgren Timothy C
Seller's Agent
Carolyn Stanley
Berkshire Hathaway HomeServices Advantage Realty - PAYSON
Buyer's Agent
Bonnie Jo
PAYSON REALTY
List Price
$154,000
Sold Price
$155,000
Premium/Discount to List
$1,000
0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%
Original Mortgage
$124,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2015
Sold by
Champion Mortgage Company
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Dec 11, 2014
Sold by
Champion Mortgage Company
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 5, 2014
Sold by
Benson Velma Jean
Bought by
Champion Mortgage Company

Purchase Details

Closed on
May 28, 2008
Sold by
Benson Velma Jean
Bought by
Benson Velma Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.84%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Sep 19, 2006
Sold by
Benson Velma Jean
Bought by
Benson Velma Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,948
Interest Rate
5.26%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

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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
Schultejann John G $233,500 Pioneer Title Agency
Walgren Timothy C -- First American Title Insurance
Fannie Mae -- Accommodation
Federal National Mortgage Association -- Pioneer Title
Champion Mortgage Company $205,894 Pioneer Title
Benson Velma Jean -- None Available
Benson Velma Jean -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walgren Timothy C $124,000
Previous Owner Benson Velma Jean $360,000
Previous Owner Benson Velma Jean $258,948
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $233,500 -2.1% $193 / Sq Ft
05/11/2019 05/11/19 Pending -- -- --
04/21/2019 04/21/19 For Sale $238,500 +53.9% $197 / Sq Ft
04/15/2015 04/15/15 Sold $155,000 +0.6% $128 / Sq Ft
02/25/2015 02/25/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $154,000 -- $127 / 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 $1,909 -- -- --
2024 $1,909 $24,867 $5,702 $19,165
2023 $1,909 $22,619 $5,088 $17,531
2022 $1,850 $16,881 $3,787 $13,094
2021 $1,737 $16,881 $3,787 $13,094
2020 $1,668 $0 $0 $0
2019 $1,620 $0 $0 $0
2018 $1,524 $0 $0 $0
2017 $1,421 $0 $0 $0
2016 $1,391 $0 $0 $0
2015 $1,155 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Arizona Association of REALTORS®

MLS Number: 80154

Central Arizona Association of REALTORS®

APN: 302-79-009