$430,000
SOLD JUL 9, 2025

603 S Colcord Rd Payson, AZ 85541

5 Beds
4 Baths
2,880 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$149 Per Sq Ft

3% Below List Price

11 Days on Market

Highlights

  • No HOA
  • Skylights
  • Mini Split Air Conditioners
  • Circular Driveway
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of July 2025

Investment opportunity awaits! This fourplex sits on .17 acre lot, with three units currently rented. The fourth unit is unfinished, offering a buyer chance to complete to their specifications. A second adjacent .17 parcel is included in the sale and must be purchased together. This parcel currently has a 1960 mobile home (considered to have no value and will need to be removed), but it offers significant potential for additional development-ideal for adding more apartment units or expanding your investment portfolio.

Last Agent to Sell the Property

Andrea Christianson

Coldwell Banker Bishop Realty License #SA641360000 Listed on: 05/27/2025

Coldwell Banker Bishop Realty

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,996

Year Built

  • Built in 1985

Lot Details

  • Block Wall Fence
  • Chain Link Fence

Parking

  • Circular Driveway

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Vertical Siding

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Schools

  • Payson Elementary School
  • Rim Country Middle School
  • Payson High School

Utilities

  • Mini Split Air Conditioners
  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Mini Split Heat Pump

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Mogollon Rim Addition Amended Subdivision

Listing and Financial Details

  • Tax Lot 41 & 40
  • Assessor Parcel Number 304-03-038

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,996

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Legal Info Range: 10E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2024
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: MOGOLLON RIM ADDITION AMENDED
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 149.3
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Const - Finish Vertical Siding: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Linoleum
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 3/4 Bath Master Bdrm
  • Living Area: 2880.0
  • Stories: 2
  • Window Features: Skylight(s)
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Chain Link
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Vertical Siding, Wood Frame
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Circular Driveway
  • Attached Garage: No
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Mini Split, Window/Wall Unit
  • Heating: Mini Split, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Heating:Mini Split2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Payson Elementary School
  • High School: Payson High School
  • Junior High Dist: Payson Unified District
  • Middle Or Junior School: Rim Country Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7497.0
  • Parcel #: 304-03-038

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1996.0
  • Tax Book Number: 304.00
  • Tax Lot: 41 & 40
  • Tax Map Number: 3.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2025 07/09/25 Sold $430,000 -3.4% $149 / Sq Ft
06/07/2025 06/07/25 Pending -- -- --
05/27/2025 05/27/25 For Sale $445,000 +38.6% $155 / Sq Ft
03/29/2021 03/29/21 Sold $321,000 -3.9% $43 / Sq Ft View Prior Sale
03/02/2021 03/02/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $334,000 -- $45 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andrea Christianson

    Seller's Agent in 2025

    Andrea Christianson

    Coldwell Banker Bishop Realty

    (928) 970-0398

    33 Total Sales

    Andrea Christianson
    Section Image

  • N

    Buyer's Agent in 2025

    Non-MLS Agent

    Non-MLS Office

  • Kim Ross

    Seller's Agent in 2021

    Kim Ross

    REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3

    (928) 978-1003

    230 Total Sales

    Kim Ross
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6871957

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Gila County Payson 85541

603 S Colcord Rd, Payson, AZ

Sold

Condos

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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