$321,000
SOLD MAR 29, 2021

603 S Colcord Rd Payson, AZ 85541

-- Bed
-- Bath
7,497 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$43 Per Sq Ft

4% Below List Price

26 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • South Facing Home
  • No HOA
  • Evaporated cooling system
  • Partially Fenced Property

About This Home

As of July 2025

4 Plex - 1 unit is a commercial office. 3 other units are apartment rentals. Across the way is a single level manufactured home that must be purchased with Four Plex. $65,000 and both to be purchased for $399,000. Please do not disturb tenants. Buyers must be pre-qualified to view property. No sign or Lockbox. Must have 48 hour notice prior to seeing property.

Last Agent to Sell the Property

Kim Ross

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3 License #BR506146000 Listed on: 02/04/2021

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3

Last Buyer's Agent

Andrea Christianson

COLDWELL BANKER BISHOP REALTY - PAYSON License #SA641360000

COLDWELL BANKER BISHOP REALTY - PAYSON

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,645

Year Built

  • Built in 1985

Lot Details

  • 7,405 Sq Ft Lot
  • Dirt Road
  • South Facing Home
  • Partially Fenced Property

Parking

  • 4 Parking Spaces

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 7,497 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Utilities

  • Evaporated cooling system
  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • The owner pays for sewer, trash, water
  • Tax Lot 41
  • Assessor Parcel Number 304-03-038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,645

Year Built

Built in 1985

Lot Details

0

Listing Details

  • FILLACRES: 0.17
  • Estimated Sq Ft: 7497.00
  • Assessor Parcel Number: 038
  • House Faces: S
  • Directions: Highway 87 South to Main Street, right and then a right on Colcord. Property is on the Right.
  • Exterior Features N A Other: YES
  • Fireplace Woodstove N A Other: YES
  • Homeowners Assoc N A Other: YES
  • Interior Features Other: Call Agent
  • Listing Member Name: Kimberly Ann Ross
  • Listing Office Short Id: re222
  • List Type: Exclusive ARS
  • Location N A Other: YES
  • Lot Street Improvem: Blacktop Street, Dirt Street
  • Open House Office I D: 20201106213254595234000000
  • Property Sub Type: Four Plex
  • Prop. Type: Multi-Family
  • Selling Member Short Id: AC0095
  • Selling Office Short Id: 39
  • Sub Code: Mogollon Rim Add Amd - PSW
  • Tract Suffix: Road
  • To Show N A Other: Call or Text Agent
  • Warranty Program: No
  • Year Built: 1985
  • Garage Carport N A Other: YES
  • Property Features: Partially Fenced
  • Income Sales Info Cap Rate: CLO
  • Income Sales Info Down Payment: CLO
  • Income Sales Info Net Operating Income: 21,000 - 30,999
  • Loan Info1 St Assumable: No
  • Loan Info Accelerate: No
  • Loan Info Must Qualify: No
  • Type Style: Two Story
  • Documents On Fle: Legal Description, SPDS
  • Existing Finance Fee: Free & Clear
  • Utilties Available: Electricity, Propane Piped, Sewer Hooked In, Telephone, Town of Payson Water, Trash
  • Special Features: None

Interior Features

  • Floor Type: Wood
  • Floor Covering: Carpeting, Laminate
  • Foreclosure: No
  • Interior Amenities: Dishwasher, Range/Oven, Refrigerator
  • Legal Description: Section: 03 Township: 10N Range: 10E LOT 41, MOGOLLON ADDITION AMENDED, PLAT 111SW1/4 SW1/4 SEC 3 T10N R10E = 0.17 AC

Exterior Features

  • Exterior Construction: Wood Frame
  • Flood Zone: None
  • Lot Number: 41
  • Roof: Asphalt/Comp Shingle
  • Exterior Construction: Wood

Garage/Parking

  • Number Parking Spaces: 4.00

Utilities

  • Cooling: Evaporative, Window Unit
  • Heating: Baseboard

Condo/Co-op/Association

  • HOA: No
  • Condo Management: Owner/Family
  • Number of Units: 4

Fee Information

  • Taxes: 1645.14

Lot Info

  • Assessor Parcel Number: 304-03-038
  • Lot Dimensions: See Plat
  • Zoning: R3-MH
  • Land Size: 0.17

Building Info

  • Building Size: 2880.00

Rental Info

  • Included In Rent: Sewer, Trash, Water

Tax Info

  • Year: 2020

Range of Values:

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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 Change Sq Ft Price
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
03/02/2021 03/02/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $334,000 -- $45 / Sq Ft
Source: Central Arizona Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Arizona Association of REALTORS®

MLS Number: 84086

Central Arizona Association of REALTORS®