NOT LISTED FOR SALE

508 W Sherwood Dr Unit 1 Payson, AZ 85541

Estimated Value: $355,000 - $381,000

2 Beds
2 Baths
1,280 Sq Ft
$289/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $340,000 $266 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,037/month

42 Days on Market

Highlights

  • Vaulted Ceiling
  • Covered Patio or Porch
  • Double Pane Windows
  • No HOA
  • 1 Car Direct Access Garage
  • Cooling Available

About This Home

As of December 2023

Have you always wanted to own a Mountain Cabin? Well, now is your chance. This 2 bedroom, 2 bath homes has 1280 sq ft, an open floor plan, pellet store in living room, vaulted ceilings, knotty pine throughout and its log sided! This home has a new hot water heater and a new roof was installed July 2023. You'll love the covered front & back decks, the raised gardens and the fenced back yard. Inside the large 1 car garage is a shop and finished loft.

Last Agent to Sell the Property

Kimberly Anderson

Realty Executives Arizona Territory License #SA538219000 Listed on: 10/20/2023

Realty Executives Arizona Territory

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,597

Year Built

  • Built in 1987

Lot Details

  • 6,970 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wood Fence
  • Wire Fence

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling Available
  • Floor Furnace
  • Wall Furnace
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Alpine Village Subdivision

Listing and Financial Details

  • Tax Lot 132
  • Assessor Parcel Number 302-79-132

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,597

Year Built

Built in 1987

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1987
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: Alpine Village
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 265.63
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1280.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Electric, Floor Furnace, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Heating:WallFloor Heat: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Other
  • High School: Other
  • Junior High Dist: Payson Unified District
  • Middle Or Junior School: Other

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6970.0
  • Parcel #: 302-79-132

Building Info

  • Builder Name: Unk

Tax Info

  • Tax Annual Amount: 1597.0
  • Tax Book Number: 302.00
  • Tax Lot: 132
  • Tax Map Number: 79.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 27, 2021
Sold by
Ewald Kenneth A and Ewald Sandra K
Bought by
Parz Will
Seller's Agent
James Feezor
Berkshire Hathaway HomeServices Advantage Realty - PAYSON
Buyer's Agent
Brian Inman
West USA Realty
List Price
$303,000
Sold Price
$310,000
Premium/Discount to List
$7,000
2.31%
Current Estimated Value
$369,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,748
Avg. Annual Appreciation
3.98%
Original Mortgage
$310,000
Outstanding Balance
$279,285
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$90,463

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 26, 2021
Sold by
Ewald Kenneth A and Ewald Sandra K
Bought by
Parz Will
Seller's Agent
James Feezor
Berkshire Hathaway HomeServices Advantage Realty - PAYSON
Buyer's Agent
Brian Inman
West USA Realty
List Price
$303,000
Sold Price
$310,000
Premium/Discount to List
$7,000
2.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Outstanding Balance
$279,285
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$90,463

Purchase Details

Listed on
May 3, 2018
Closed on
Jul 18, 2018
Sold by
Wagenknecht Myrl
Bought by
Ewald Kenneth A and Ewald Sandra K
Seller's Agent
Kimberly Anderson
Realty Executives Arizona Territory
Buyer's Agent
Marty Carpenter
ERA-Young Realty & Investment
List Price
$229,900
Sold Price
$225,000
Premium/Discount to List
-$4,900
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.86%
Original Mortgage
$180,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2010
Sold by
Heinonen Carrie M and Heinonen Scott D
Bought by
Wagenknecht Myrl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
4.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Parz Will $310,000 Great American Title Gency
Parz Will -- Great American Title
Ewald Kenneth A $225,000 Pioneer Title Agency
Wagenknecht Myrl $190,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parz Will $310,000
Closed Parz Will $310,000
Previous Owner Ewald Kenneth A $180,000
Previous Owner Wagenknecht Myrl $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2023 12/20/23 Sold $340,000 -2.8% $266 / Sq Ft
12/02/2023 12/02/23 Pending -- -- --
11/30/2023 11/30/23 Price Changed $349,900 -6.2% $273 / Sq Ft
11/17/2023 11/17/23 Price Changed $372,900 -2.6% $291 / Sq Ft
11/05/2023 11/05/23 Price Changed $382,900 -0.5% $299 / Sq Ft
10/20/2023 10/20/23 For Sale $385,000 +24.2% $301 / Sq Ft
05/28/2021 05/28/21 Sold $310,000 +2.3% $242 / Sq Ft View Prior Sale
04/24/2021 04/24/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $303,000 +34.7% $237 / Sq Ft
07/20/2018 07/20/18 Sold $225,000 -2.1% $176 / Sq Ft View Prior Sale
06/19/2018 06/19/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $229,900 -- $180 / 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 $1,174 -- -- --
2024 $1,174 $27,565 $5,796 $21,769
2023 $1,174 $25,070 $5,158 $19,912
2022 $1,597 $15,419 $3,893 $11,526
2021 $1,502 $15,419 $3,893 $11,526
2020 $1,436 $0 $0 $0
2019 $1,392 $0 $0 $0
2018 $1,302 $0 $0 $0
2017 $1,416 $0 $0 $0
2016 $1,386 $0 $0 $0
2015 $1,325 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Anderson

    Seller's Agent in 2023

    Kimberly Anderson

    Realty Executives Arizona Territory

    (928) 978-3913

    240 Total Sales

    Kimberly Anderson
    Section Image

  • N

    Buyer's Agent in 2023

    Non-MLS Agent

    Non-MLS Office

  • J

    Seller's Agent in 2021

    James Feezor

    Berkshire Hathaway HomeServices Advantage Realty - PAYSON

    (928) 474-2337

    34 Total Sales

    James Feezor
    Section Image

  • B

    Buyer's Agent in 2021

    Brian Inman

    West USA Realty

  • Marty Carpenter

    Buyer's Agent in 2018

    Marty Carpenter

    ERA-Young Realty & Investment

    (928) 978-8653

    133 Total Sales

    Marty Carpenter
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6620609

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-79-132

Arizona Gila County Payson 85541

508 W Sherwood Dr Unit 1, Payson, AZ

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes