NOT LISTED FOR SALE

513 W Frontier St Payson, AZ 85541

Estimated Value: $475,000 - $611,000

Studio
-- Bath
-- Sq Ft
0.55 Acres

Last Sold July 29, 2019

Last sale price $210,000

Est. 171% increase in value since last sale

Current estimated payment $3,121/month

327 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • No Heating

About This Home

As of July 2019

Great remodeled four plex just off Highway 87. All four units have been updated with new flooring, paint and fixtures. Great investment opportunity. Each unit is separately metered for electric and gas.

Last Agent to Sell the Property

Joseph Susco

Top Rock Realty License #SA647481000 Listed on: 08/23/2018

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,707

Year Built

  • Built in 1971

Lot Details

  • 0.55

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Vinyl

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, sewer
  • Tax Lot 9
  • Assessor Parcel Number 304-06-240

Community Details

Overview

  • 4 Units
  • Building Dimensions are NA

Building Details

  • Operating Expense $1,707

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,707

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: Hwy 87 & W. Frontier
  • Legal Info Range: 10E
  • Property Type: Multiple Dwellings
  • Zoning: Rental
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No

Utilities

  • Electric: APS, Individual Meter
  • Cooling: None
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Franchise
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes

Lot Info

  • Lot Size: NA
  • Additional Parcels: No
  • Parcel #: 304-06-240

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 4
  • Annual Operating Expense: 1706.56

Tax Info

  • Tax Annual Amount: 1706.56
  • Tax Book Number: 304.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2021
Sold by
513 Frontier Llc
Bought by
Doyle William J
Current Estimated Value
$569,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$338,445
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$231,106

Purchase Details

Listed on
Aug 23, 2018
Closed on
Aug 22, 2019
Sold by
Braaten John Robert and Braaten Heather Marie
Bought by
513 Frontier Llc
Seller's Agent
Joseph Susco
Top Rock Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$229,900
Sold Price
$210,000
Premium/Discount to List
-$19,900
-8.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.65%

Purchase Details

Listed on
Aug 23, 2018
Closed on
Jul 24, 2019
Sold by
Vesper Properties Llc
Bought by
Braaten John Robert and Braaten Heather Marie
Seller's Agent
Joseph Susco
Top Rock Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$229,900
Sold Price
$210,000
Premium/Discount to List
-$19,900
-8.66%

Purchase Details

Listed on
Aug 23, 2018
Closed on
Jul 2, 2019
Sold by
Whittle Carl Bradford and Estate Of Jo Anne Whittle
Bought by
Vesper Properties Llc
Seller's Agent
Joseph Susco
Top Rock Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$229,900
Sold Price
$210,000
Premium/Discount to List
-$19,900
-8.66%

Purchase Details

Closed on
Mar 7, 2017
Sold by
Whittle James Clifford
Bought by
Vesper Properties Llc

Purchase Details

Closed on
Feb 22, 2017
Sold by
Whittle Karen Ann
Bought by
Vesper Properties Llc

Purchase Details

Closed on
Feb 4, 2017
Sold by
Whittle Carl Bradford
Bought by
Vesper Properties Llc

Purchase Details

Closed on
Jan 19, 2017
Sold by
Whittle Robert A
Bought by
Vesper Properties Llc
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Doyle William J -- American Title Services
513 Frontier Llc -- None Available
Braaten John Robert $210,000 Empire West Title Agency Llc
Vesper Properties Llc -- Empire West Title Agency Llc
Vesper Properties Llc -- None Available
Vesper Properties Llc -- None Available
Vesper Properties Llc -- None Available
Vesper Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doyle William J $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2019 07/29/19 Sold $210,000 -4.5% --
07/16/2019 07/16/19 Pending -- -- --
05/21/2019 05/21/19 Price Changed $219,900 -2.2% --
05/13/2019 05/13/19 Price Changed $224,900 -2.2% --
03/25/2019 03/25/19 For Sale $229,900 +9.5% --
10/05/2018 10/05/18 Off Market $210,000 -- --
08/23/2018 08/23/18 For Sale $229,900 -- --
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 $2,081 -- -- --
2024 $2,081 $29,606 $6,314 $23,292
2023 $2,081 $35,251 $6,460 $28,791
2022 $2,016 $23,617 $6,460 $17,157
2021 $1,687 $15,745 $4,307 $11,438
2020 $1,614 $0 $0 $0
2019 $1,814 $0 $0 $0
2018 $1,707 $0 $0 $0
2017 $1,591 $0 $0 $0
2016 $1,624 $0 $0 $0
2015 $1,654 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Susco

    Seller's Agent in 2019

    Joseph Susco

    Top Rock Realty

    (602) 463-3979

    47 Total Sales

    Joseph Susco
    Section Image

  • N

    Buyer's Agent in 2019

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5810747

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-06-240

Arizona Gila County Payson 85541

513 W Frontier St, Payson, AZ

Not Listed for Sale

MultiFamily

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

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