NOT LISTED FOR SALE

602 E Wade Ln Payson, AZ 85541

Estimated Value: $170,000 - $187,000

1 Bed
1 Bath
400 Sq Ft
$442/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $170,000 $425 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $980/month

8 Days on Market

Highlights

  • RV Access or Parking
  • Cottage
  • No Interior Steps
  • No HOA
  • Patio
  • Shed

About This Home

As of March 2023

Cute cottage located in the heart of Payson. This adorable studio features 400 square feet, a 3/4 bathroom and open kitchen/dining area. Outside you will find a large fenced yard, storage shed, RV parking with hook-ups and front & back patio. This cabin would be a great year-round residence or part-time vacation place. Call today to see this one.

Last Agent to Sell the Property

Katie Wakefield

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 2 License #SA650378000 Listed on: 01/18/2023

Co-Listed By

Christopher Wakefield

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 2 License #SA650254000

Last Buyer's Agent

Marjorie Aspeslagh

HomeSmart - H License #SA644094000

HomeSmart - H

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $529

Year Built

  • Built in 1971

Lot Details

  • 6,534 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Chain Link Fence

Parking

  • RV Access or Parking

Home Design

  • Cottage
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 400 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Tile Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Patio
  • Shed

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 304-04-073B

Home Details

Home Type

Single Family

Est. Annual Taxes

$529

Year Built

Built in 1971

Lot Details

0

Listing Details

  • FILLACRES: 0.15
  • Estimated Sq Ft: 400.00
  • Estimated Sq Ft Range: 1 - 600
  • Total Bathrooms: 1.00
  • House Faces: E
  • Directions: Hwy 87 North in Payson, East on Bonita St, Right on Wade.
  • Fireplace Woodstove N A Other: YES
  • Homeowners Assoc N A Other: YES
  • Listing Member Name: Katie Wakefield
  • Listing Office Short Id: re212
  • List Type: Exclusive ARS
  • Lot Street Improvem: Blacktop Street
  • Other Rooms N A Other: YES
  • Property Sub Type: Site Built
  • Prop. Type: Residential
  • Selling Member Short Id: ma334
  • Building Style: Cottage, Single Level
  • Sub Code: Mogollon Rim Add P5
  • Sub Floor Type: Slab
  • Tract Suffix: Lane
  • Warranty Program: No
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Floor Covering: Tile
  • Three Quarter Bathrooms: 1
  • Lower Floor 1 Bedrooms: 1
  • Dining Room: Kitchen-Dining Combo
  • Fireplace Stove: No
  • Foreclosure: No
  • Interior Amenities: No Interior Steps
  • Kitchen Features: Electric Range, Refrigerator
  • Laundry: Gas or Electric Hook Up
  • Legal Description: EAST1/2LOT 27, MOGOLLON RIM ADDITION PLAT FIVE, PLAT 224SE1/4 SEC3 T10N R10E = 0.15 AC
  • Entry Location: In Payson City Limits
  • Source of Sq Ft: Owner

Exterior Features

  • Builder Name: UNK
  • Exterior Construction: Wood Frame
  • Exterior Features: In the Trees, Patio, RV Hookup, Storage/Utility Shed
  • Fencing: Chain Link, Wood Fence
  • Flood Zone: None
  • Horses Allowed On Property: No
  • Lot Number: 27
  • Roof: Metal
  • Exterior Construction: Wood
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: RV Parking

Utilities

  • Cooling: Ceiling Fan, Window Unit
  • Heating: Electric, Wall Panel
  • Utilities Available: Cable TV/Satellite, Electricity, Internet Hook Up, Sewer Hooked In, Telephone, Town of Payson Water, Trash, Underground Util
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 529.24

Lot Info

  • Assessor Parcel Number: 304-04-073B
  • Lot Dimensions: IRR
  • Zoning: Residential

Tax Info

  • Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2016
Sold by
Nelson Trevor and Nelson Michelle
Bought by
Morrison Katherine A
Current Estimated Value
$176,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Outstanding Balance
$78,265
Interest Rate
3.45%
Mortgage Type
USDA
Estimated Equity
$98,571

Purchase Details

Closed on
Jul 20, 2015
Sold by
Sopeland Matthew and Sopeland Rebecca
Bought by
Nelson Trevor and Nelson Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 29, 2014
Sold by
Pestel Joseph H and Pestel Janine
Bought by
Sopeland Matthew and Sopeland Rebecca
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Morrison Katherine A $92,000 Pioneer Title Agency Inc
Nelson Trevor $67,900 Pioneer Title Agency
Sopeland Matthew $28,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Katherine A $95,000
Previous Owner Nelson Trevor $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2023 03/03/23 Sold $170,000 -5.6% $425 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $180,000 -- $450 / 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 $630 -- -- --
2024 $630 $7,900 $3,084 $4,816
2023 $630 $7,286 $3,133 $4,153
2022 $529 $6,349 $3,133 $3,216
2021 $498 $6,349 $3,133 $3,216
2020 $476 $0 $0 $0
2019 $461 $0 $0 $0
2018 $432 $0 $0 $0
2017 $402 $0 $0 $0
2016 $460 $0 $0 $0
2015 $373 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Katie Wakefield

    REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 2

  • C

    Seller Co-Listing Agent in 2023

    Christopher Wakefield

    REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 2

See All Agents

Map

Source: Central Arizona Association of REALTORS®

MLS Number: 87905

Central Arizona Association of REALTORS®

APN: 304-04-073B

Arizona Gila County Payson 85541

602 E Wade Ln, Payson, AZ

Not Listed for Sale

Detached

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