NOT LISTED FOR SALE

601 S Colcord Rd Payson, AZ 85541

Estimated Value: $229,000 - $255,000

2 Beds
1 Bath
892 Sq Ft
$270/Sq Ft Est. Value

Last Sold June 29, 2017

Last sale price $112,000 $126 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,354/month

56 Days on Market

Highlights

  • No HOA
  • Grass Covered Lot
  • 1-Story Property
  • Evaporated cooling system

About This Home

As of June 2017

GREAT Payson Rental Investment property or primary home on 2 Lots! Located in the heart of Payson, this 2 bedroom, 1 bath site built home would make a great rental and the way it sits on the 2 lots, this property is perfect to add another home or two. This property is zoned R3-MH “you can put a manufactured home on it”. The property has city utilities but also has an unused well that a buyer would need to investigate if needed. House is on a city water meter and sewer. Don’t wait to check out this hard to find Payson property.

Last Agent to Sell the Property

Marty Carpenter

ERA-Young Realty & Investment License #SA560869000 Listed on: 04/20/2017

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $681

Year Built

  • Built in 1965

Lot Details

  • 0.34 Acre Lot
  • Chain Link Fence
  • Grass Covered Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 892 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Evaporated cooling system
  • Well

Community Details

  • No Home Owners Association
  • Mogollon Rim Addition Amended Subdivision

Listing and Financial Details

  • Tax Lot 42 & 43
  • Assessor Parcel Number 304-03-039

Home Details

Home Type

Single Family

Est. Annual Taxes

$681

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1965
  • Tax Year: 2017
  • Directions: Hwy 87 Payson West on Main Street, Right on Colcord to sign on property.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.34
  • Subdivision Name: Mogollon Rim Addition Amended
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Living Area: 892.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Fireplace:Fireplace Living Rm: Yes

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Other, See Remarks
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: City Water, Well
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14810.0
  • Parcel #: 304-03-039
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 680.76
  • Tax Book Number: 304.00
  • Tax Lot: 42 & 43
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2020
Sold by
Carlin Raymond
Bought by
Carlin Raymond J and Moore Debra J
Total Days on Market
56
Current Estimated Value
$240,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$98,651
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$156,117

Purchase Details

Listed on
Apr 20, 2017
Closed on
Jun 20, 2017
Sold by
Hamer Robert C and Hamer Mary A
Bought by
Carlin Raymond
Seller's Agent
Marty Carpenter
ERA-Young Realty & Investment
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$139,900
Sold Price
$112,000
Premium/Discount to List
-$27,900
-19.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%

Purchase Details

Closed on
Jul 20, 2011
Sold by
Jenchen Janice
Bought by
Wagner Phillip E and Wagner Ernil Eva
Source: Public Records

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Range of Values:

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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
Carlin Raymond J -- Empire West Title Agency Llc
Carlin Raymond $112,000 Pioneer Title Agency Inc
Wagner Phillip E $149,275 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlin Raymond J $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2017 06/29/17 Sold $112,000 -6.6% $126 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
06/07/2017 06/07/17 Price Changed $119,900 -14.3% $134 / Sq Ft
04/20/2017 04/20/17 For Sale $139,900 -- $157 / 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 $934 -- -- --
2024 $934 $15,455 $4,843 $10,612
2023 $934 $12,858 $3,828 $9,030
2022 $905 $9,233 $3,828 $5,405
2021 $850 $9,233 $3,828 $5,405
2020 $816 $0 $0 $0
2019 $793 $0 $0 $0
2018 $746 $0 $0 $0
2017 $695 $0 $0 $0
2016 $681 $0 $0 $0
2015 $651 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5593365

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-03-039