NOT LISTED FOR SALE

516 W Locust Rd Payson, AZ 85541

Estimated Value: $412,000 - $704,000

3 Beds
3 Baths
1,008 Sq Ft
$545/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $235,000 $233 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $3,049/month

Highlights

  • Pine Trees
  • No HOA
  • Balcony
  • Covered Deck
  • Log Cabin
  • Cul-De-Sac

About This Home

As of May 2016

Real cabin in the woods of Payson. Custom log sided home gives the mountain getaway you have been looking for. Large covered front porch is just the start to enjoy the cool country. Even a grassy area & the yard is heavily treed w/cozy spots to sit & relax. Another covered back deck provides many areas of entertaining along w/ a second story deck to take in the ponderosa pines. The great indoors features a 2 story wood vaulted ceiling & open floor plan. Custom wood details. Kitchen has an abundance of cabinets opens to the great room to enjoy winter evenings in front of the fireplace. Master suite is on the main floor w/a full bath & walk in closet. The loft also provides a bedroom & bath w/ space you can put an office. There is even a storage shed & workshop. A must see cabin in the woods

Last Agent to Sell the Property

ED OLIVA

West USA Realty - Snowflake Listed on: 05/13/2016

Last Buyer's Agent

BOARD NON

Aspen Properties, Inc. - Pinetop

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 2000

Lot Details

  • 0.42 Acre Lot
  • Cul-De-Sac
  • West Facing Home
  • Chain Link Fence
  • Pine Trees

Home Design

  • Log Cabin
  • Stem Wall Foundation
  • Pitched Roof
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Multi-Level Property
  • Living Room with Fireplace
  • Laundry in Hall

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Balcony
  • Covered Deck
  • Rain Gutters

Utilities

  • Heating System Uses Wood
  • Separate Meters
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 302-40-024-n

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,450

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Additional Parcels YN: No
  • Estimated Number of Acres: 0.42
  • Estimated Sq Ft: 1008.00
  • Assessor Parcel Number: 302-40-024-n
  • Bathroom Features: Tub/Shower
  • House Faces: W
  • Directions: Hwy 87 to Forest Drive turn left Right on McLane Left on Locust; go the end and turn left and home on the right.
  • Fireplace Wood Stove: Fireplace
  • Fireplace Woodstove2: Fireplace, In Living Room
  • Listing Member Name: ED OLIVA
  • Listing Office Short Id: west usa-SF
  • Property Adjoins: Private
  • Property Boundary: Chain Link Fence
  • Prop. Type: Residential
  • Residential Type: Site Built
  • Selling Member Short Id: 101010101
  • Selling Office Short Id: Non-Board
  • Building Style: Cabin, Log Sided, Multi-Level
  • Subdivision Neighborhood: Other Areas
  • Trees On Property: Yes
  • Year Built: 2000
  • Zoning Manual: res
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Eating Area: Breakfast Bar
  • Kitchen Features: Built-In Dishwasher, Refrigerator
  • Laundry: In Hallway
  • Other Rooms: Balcony/Loft

Exterior Features

  • Exterior Construction: Log Home
  • Exterior Features: Cul-De-Sac Lot, Deck, Deck - Covered, Gutters/Down Spouts, In the Trees, Landscaped, Other Building, Street Paved, Tall Pines On Lot
  • Foundation: Stemwall
  • Horses Allowed On Property: No
  • Road Maintenance: County
  • Roof: Pitched, Shingle

Garage/Parking

  • Carport: No
  • Garage Spaces: No

Utilities

  • Heating: Wood
  • Power Available: Yes
  • Sewer Available: Yes
  • Utilities Available: APS, Electric - Individual Metered, Metered Water, Sewer
  • Water Available: Yes
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 1450.00

Schools

  • School District: Other

Tax Info

  • Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2015
Closed on
Jan 25, 2016
Sold by
Pena Donald M
Bought by
Morrow Harold L and Morrow Christine L
Seller's Agent
Larry Rubino
West USA Realty
Buyer's Agent
Larry Rubino
West USA Realty
List Price
$239,900
Sold Price
$232,000
Premium/Discount to List
-$7,900
-3.29%
Current Estimated Value
$549,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,459
Avg. Annual Appreciation
9.15%
Original Mortgage
$182,000
Outstanding Balance
$78,460
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$470,999
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
Morrow Harold L $232,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrow Harold L $182,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2016 05/13/16 Sold $235,000 +1.3% $233 / Sq Ft
02/02/2016 02/02/16 Sold $232,000 -3.3% $230 / Sq Ft View Prior Sale
01/15/2016 01/15/16 For Sale $239,900 +3.4% $238 / Sq Ft
01/10/2016 01/10/16 Off Market $232,000 -- --
12/04/2015 12/04/15 Pending -- -- --
09/23/2015 09/23/15 Price Changed $239,900 -4.0% $238 / Sq Ft
09/01/2015 09/01/15 For Sale $250,000 -- $248 / Sq Ft
Source: White Mountain 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 $1,903 -- -- --
2024 $1,903 $42,913 $10,540 $32,373
2023 $1,903 $53,762 $15,473 $38,289
2022 $1,844 $22,684 $4,842 $17,842
2021 $1,731 $22,684 $4,842 $17,842
2020 $1,663 $0 $0 $0
2019 $1,450 $0 $0 $0
2018 $1,670 $0 $0 $0
2017 $1,382 $0 $0 $0
2016 $1,478 $0 $0 $0
2015 $1,345 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: White Mountain Association of REALTORS®

MLS Number: 207026

White Mountain Association of REALTORS®

APN: 302-40-026E