NOT LISTED FOR SALE

511 E Timber Dr Payson, AZ 85541

Estimated Value: $372,000 - $410,369

3 Beds
3 Baths
2,033 Sq Ft
$195/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $377,000 $185 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,224/month

49 Days on Market

Highlights

  • Spa
  • Pine Trees
  • Vaulted Ceiling
  • RV Access or Parking
  • Chalet
  • No HOA

About This Home

As of November 2022

Beautiful Payson Chalet home among Ponderosa's is ready for your family! This 3 bedroom, 3 bath, 2033+/-sq.ft. Rustic Chalet features a walk-out basement w/living room, bedroom, laundry, 3/4 bath & tandem 2 car garage. Main floor has your Vaulted Ceiling living room, kitchen, dining, bedroom, full bath, wrap around covered deck & double door access to your back deck & fenced yard. Top floor has your 3rd bedroom & 3/4 bath! Kitchen features include refrigerator, electric range & microwave. This is a Must See!!

Last Agent to Sell the Property

Marty Carpenter

ERA YOUNG REALTY-PAYSON License #SA560869000 Listed on: 08/09/2022

Co-Listed By

Garry Kort

ERA YOUNG REALTY-PAYSON License #SA643041000

Last Buyer's Agent

Mark Alten

Delex Realty, LLC License #SA662502000

Delex Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,634

Year Built

  • Built in 1983

Lot Details

  • 7,841 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Chain Link Fence
  • Landscaped
  • Sprinkler System
  • Pine Trees

Home Design

  • Chalet
  • Split Level Home
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,033 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Tandem Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Porch

Utilities

  • Central Air
  • Refrigerated Cooling System
  • Evaporated cooling system
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 244
  • Assessor Parcel Number 302-70-244

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,634

Year Built

Built in 1983

Lot Details

0

Listing Details

  • FILLACRES: 0.18
  • Estimated Sq Ft: 2033.00
  • Estimated Sq Ft Range: 2001 - 2500
  • Total Bathrooms: 3.00
  • House Faces: E
  • Directions: 260 East to Manzanita. Left on Manzanita to Timber. Right on Timber to 511.
  • Fireplace Wood Stove: Gas Fireplace, In Living Room
  • Homeowners Assoc N A Other: YES
  • Listing Member Name: Marty Carpenter
  • Listing Office Short Id: 008
  • List Type: Exclusive ARS
  • Lot Street Improvem: Blacktop Street
  • Property Sub Type: Site Built
  • Prop. Type: Residential
  • Selling Member Short Id: ma001
  • Building Style: Chalet, Multi-Level, Split Level
  • Sub Code: Payson North U5
  • Sub Floor Type: Wood
  • Tract Suffix: Drive
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Floor Covering: Carpeting, Tile
  • Three Quarter Bathrooms: 2
  • Basement Full Bathrooms: 1
  • Lower Floor 1 Bedrooms: 3
  • Dining Room: Kitchen-Dining Combo
  • Fireplace Stove: Yes
  • Foreclosure: No
  • Interior Amenities: Skylights, Smoke Detector, Vaulted Ceiling
  • Kitchen Features: Electric Range, Garbage Disposal, Microwave, Pantry, Refrigerator
  • Laundry: Dryer, Utility Room, Washer
  • Legal Description: Legal to be provided by title
  • Entry Location: In Payson City Limits
  • Other Rooms: Finished Basement, Walk Out Basement
  • Source of Sq Ft: Appraiser

Exterior Features

  • Exterior Construction: Wood Frame
  • Exterior Features: Landscaped, Porch/Deck, Spa/Hot Tub, Sprinklers, Tall Pines on Lot
  • Fencing: Chain Link, Partially Fenced
  • Flood Zone: None
  • Horses Allowed On Property: No
  • Lot Number: 244
  • Roof: Metal
  • Exterior Construction: Wood
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Garage Capacity: 2.00
  • Parking Features: Attached, Extended Length/Tandem Garage, Garage Only, No Carport, RV Parking

Utilities

  • Cooling: Ceiling Fan, Central, Electric Refrig., Evaporative
  • Heating: Fireplace/Woodstove, Propane
  • Utilities Available: Electricity, Payson Water Company, Sewer Hooked In, Trash
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 1634.00

Lot Info

  • Assessor Parcel Number: 302-70-244
  • Lot Dimensions: Irregular
  • Zoning: Residential

Tax Info

  • Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Oct 27, 2022
Sold by
Mary Schulte-Dwan Family Living Trust and Schulte-Dwan Mary
Bought by
Mehlhorn Kirk and Patterson Kyle
Seller's Agent
Marty Carpenter
ERA YOUNG REALTY-PAYSON
Buyer's Agent
Mark Alten
Delex Realty, LLC
List Price
$399,900
Sold Price
$377,000
Premium/Discount to List
-$22,900
-5.73%
Views
149
Current Estimated Value
$396,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,592
Avg. Annual Appreciation
1.61%
Original Mortgage
$301,600
Outstanding Balance
$290,301
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$106,291

Purchase Details

Closed on
Nov 16, 2009
Sold by
Payson North Unit V Home Owners Assn
Bought by
Schulte Dwan Mary

Purchase Details

Closed on
May 21, 2009
Sold by
Schulte Dwan Mary R
Bought by
Schulte Dwan Mary

Purchase Details

Closed on
May 15, 2007
Sold by
Turner Michael S and Van Tasssell Cristina E
Bought by
Schulte Dwan Mary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
6.12%
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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Purchase History

Date Buyer Sale Price Title Company
Mehlhorn Kirk $377,000 Pioneer Title
Schulte Dwan Mary -- None Available
Schulte Dwan Mary -- None Available
Schulte Dwan Mary R $282,500 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehlhorn Kirk $301,600
Previous Owner Schulte Dwan Mary R $141,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2022 11/09/22 Sold $377,000 0.0% $185 / Sq Ft
09/29/2022 09/29/22 Off Market $377,000 -- --
09/28/2022 09/28/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $399,900 -- $197 / 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 $1,796 -- -- --
2024 $1,796 $31,120 $4,116 $27,004
2023 $1,796 $26,523 $3,943 $22,580
2022 $1,741 $17,023 $3,943 $13,080
2021 $1,634 $17,023 $3,943 $13,080
2020 $1,570 $0 $0 $0
2019 $1,524 $0 $0 $0
2018 $1,434 $0 $0 $0
2017 $1,337 $0 $0 $0
2016 $1,309 $0 $0 $0
2015 $1,192 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Arizona Association of REALTORS®

MLS Number: 87322

Central Arizona Association of REALTORS®

APN: 302-70-244A