NOT LISTED FOR SALE

508 W Laredo Loop Payson, AZ 85541

Estimated Value: $495,000 - $515,000

3 Beds
4 Baths
1,800 Sq Ft
$281/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $385,000 $214 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,860/month

Highlights

  • Vaulted Ceiling
  • Double Pane Windows
  • Patio
  • No HOA
  • Views
  • 3-minute walk to Payson Dog Park

About This Home

As of April 2021

This home is located at 508 W Laredo Loop, Payson, AZ 85541 since 01 April 2021 and is currently estimated at $505,629, approximately $280 per square foot. This property was built in 1997. 508 W Laredo Loop is a home located in Gila County with nearby schools including Julia Randall Elementary School, Payson Elementary School, and Rim Country Middle School.

Last Agent to Sell the Property

Katherine La Spisa

ERA YOUNG REALTY-PAYSON License #SA682118000 Listed on: 04/01/2021

Last Buyer's Agent

Katherine La Spisa

ERA YOUNG REALTY-PAYSON License #SA682118000 Listed on: 04/01/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 110 x 110
  • West Facing Home
  • Chain Link Fence
  • Property is zoned R1-10

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Property Views

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Internet Available
  • Phone Available

Additional Features

  • Patio
  • Cement Board Skirt

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 304-58-007

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

Listing Details

  • FILLACRES: 0.25
  • Estimated Sq Ft: 1800.00
  • Estimated Sq Ft Range: 1751 - 2000
  • Total Bathrooms: 4.00
  • House Faces: W
  • Directions: McLane north to Laredo Loop. follow around to house on left.
  • Fireplace Wood Stove: Gas Fireplace
  • Listing Member Name: Katherine La Spisa
  • Listing Office Short Id: 008
  • List Type: Exclusive Agency
  • Lot Street Improvem: Blacktop Street
  • Other Rooms N A Other: YES
  • Property Sub Type: Site Built
  • Prop. Type: Residential
  • Selling Member Short Id: kl852
  • Building Style: Single Level
  • Sub Code: Timber Ridge Est
  • Sub Floor Type: Slab
  • Tract Suffix: Loop
  • Warranty Program: Yes
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Floor Covering: Carpeting, Laminate
  • Three Quarter Bathrooms: 2
  • Basement Full Bathrooms: 2
  • Lower Floor 1 Bedrooms: 3
  • Dining Room: Kitchen-Dining Combo
  • Fireplace Stove: Yes
  • Foreclosure: No
  • Interior Amenities: Dual Pane Window, Split Floor Plan, Vaulted Ceiling
  • Kitchen Features: Gas Range, Microwave, Refrigerator
  • Laundry: Dryer, Utility Room, Washer
  • Legal Description: LOT 7 Timber Ridge Estates II in section 4 T10N R10E;=0.25 ACRE M/L (out of 304-05-008M & 001Y
  • Entry Location: In Payson City Limits
  • Other Rooms: Foyer/Entry
  • Source of Sq Ft: Owner

Exterior Features

  • Exterior Construction: Wood Frame
  • Exterior Features: Patio
  • Fencing: Chain Link
  • Flood Zone: None
  • Horses Allowed On Property: No
  • Roof: Asphalt/Comp Shingle
  • Exterior Construction: Concrete Board
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Garage Capacity: 2.00
  • Parking Features: Garage Only

Utilities

  • Cooling: Ceiling Fan, Central, Heat Pump
  • Heating: Forced Air
  • Utilities Available: Electricity, Internet Hook Up, Piped Propane, Sewer Hooked In, Telephone, Town of Payson Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 304-58-007
  • Lot Dimensions: 110 x 110
  • Zoning: R1-10

Tax Info

  • Year: 2075

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Mar 29, 2021
Sold by
Fleming Timothy G and Fleming Ruth R
Bought by
Johnson Bob L
Seller's Agent
Katherine La Spisa
ERA YOUNG REALTY-PAYSON
Buyer's Agent
Katherine La Spisa
ERA YOUNG REALTY-PAYSON
List Price
$389,900
Sold Price
$385,000
Premium/Discount to List
-$4,900
-1.26%
Current Estimated Value
$505,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,629
Avg. Annual Appreciation
5.98%
Original Mortgage
$285,000
Outstanding Balance
$256,486
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$249,143

Purchase Details

Listed on
Mar 26, 2012
Closed on
Oct 28, 2012
Sold by
Galla Ronald W and Galla Alice L
Bought by
Fleming Timothy G and Fleming Ruth R
Seller's Agent
Ronald Prychodnik
Arizona Elite Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$259,900
Sold Price
$235,000
Premium/Discount to List
-$24,900
-9.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$85,000
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnson Bob L $385,000 Pioneer Title Agency Inc
Fleming Timothy G $235,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Bob L $285,000
Previous Owner Fleming Timothy G $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2021 04/01/21 Sold $385,000 -1.3% $214 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $389,900 +65.9% $217 / Sq Ft
10/31/2012 10/31/12 Sold $235,000 -5.6% $131 / Sq Ft View Prior Sale
09/17/2012 09/17/12 Pending -- -- --
08/15/2012 08/15/12 Price Changed $249,000 -4.2% $138 / Sq Ft
03/26/2012 03/26/12 For Sale $259,900 -- $144 / 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 $2,397 -- -- --
2024 $2,397 $45,244 $6,492 $38,752
2023 $2,397 $30,782 $5,670 $25,112
2022 $2,317 $29,820 $4,708 $25,112
2021 $2,179 $29,820 $4,708 $25,112
2020 $2,084 $0 $0 $0
2019 $2,019 $0 $0 $0
2018 $1,889 $0 $0 $0
2017 $1,758 $0 $0 $0
2016 $1,706 $0 $0 $0
2015 $1,576 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Arizona Association of REALTORS®

MLS Number: 84408

Central Arizona Association of REALTORS®

APN: 304-58-007