NOT LISTED FOR SALE

508 E Drowsey Cir Payson, AZ 85541

Estimated Value: $342,335 - $385,000

2 Beds
2 Baths
1,200 Sq Ft
$304/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $246,900 $206 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,119/month

70 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Eat-In Kitchen
  • Vaulted Ceiling
  • Cul-De-Sac
  • Double Pane Windows

About This Home

As of August 2020

Welcome home to this beautiful site-built house located at the end of the cul-de-sac for added privacy in Payson. When you walk into the home you will immediately notice the open floorplan with large vaulted ceilings and a beautiful gas fireplace in the living room. The kitchen has many cabinets and counterspace plus a bright area for your kitchen table. Off the kitchen is a large screened in porch which is great for entertaining. In the backyard there is enough room for a wonderful garden, seating area and a fire pit. There is also a workshop and 2 separate storage sheds. The backyard is fully fenced for kids and pets. This property even has a metal carport and a 1 car garage. Plus it is close to everything Payson has to offer.

Last Agent to Sell the Property

Maureen Buchanan

Realty Executives Arizona Territory License #SA577540000 Listed on: 04/26/2020

Realty Executives Arizona Territory

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $990

Year Built

  • Built in 1984

Lot Details

  • 6,970 Sq Ft Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Chain Link Fence

Parking

  • 1 Car Garage
  • 1 Carport Space
  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Living Room with Fireplace
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Propane

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Payson North Unit 4 Subdivision

Listing and Financial Details

  • Tax Lot 201
  • Assessor Parcel Number 302-68-201

Home Details

Home Type

Single Family

Est. Annual Taxes

$990

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Cross Street: Easy Street & Drowsey Circle
  • 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
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1984
  • Tax Year: 2019
  • Directions: Hwy 87 North. Right on Forest. Left on Easy Street. Right on Drowsey Circle to the end of the cul-de-sac. Sign on Property.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: PAYSON NORTH UNIT 4
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm
  • Living Area: 1200.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes

Exterior Features

  • Fencing: Chain Link, Partial
  • Lot Features: Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features:RV AccessParking: Yes

Utilities

  • Utilities: Propane
  • Cooling: Central Air
  • 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: 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: 6970.0
  • Parcel #: 302-68-201

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 990.0
  • Tax Book Number: 302.00
  • Tax Lot: 201
  • Tax Map Number: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2020
Closed on
Jul 29, 2020
Sold by
Leininger Lee W and Leininger Laveta J
Bought by
Gibbs Lois I
Seller's Agent
Maureen Buchanan
Realty Executives Arizona Territory
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$259,900
Sold Price
$246,900
Premium/Discount to List
-$13,000
-5%
Current Estimated Value
$364,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,934
Avg. Annual Appreciation
8.02%
Original Mortgage
$229,900
Outstanding Balance
$205,309
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$159,529
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
Gibbs Lois I $242,000 Pioneer Title Agency Inc
Gibbs Lois I $242,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Lois I $229,900
Closed Gibbs Lois I $229,900
Previous Owner Leininger Lee W $300,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $246,900 -5.0% $206 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
04/26/2020 04/26/20 For Sale $259,900 -- $217 / 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 $1,574 -- -- --
2024 $1,520 $27,745 $3,979 $23,766
2023 $1,520 $23,465 $3,807 $19,658
2022 $1,469 $15,942 $3,807 $12,135
2021 $1,382 $15,942 $3,807 $12,135
2020 $1,388 $0 $0 $0
2019 $990 $0 $0 $0
2018 $973 $0 $0 $0
2017 $950 $0 $0 $0
2016 $969 $0 $0 $0
2015 $987 $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: 6070826

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-68-201