NOT LISTED FOR SALE

703 N Elk Run Cir Payson, AZ 85541

Estimated Value: $713,454 - $929,000

4 Beds
4 Baths
2,529 Sq Ft
$328/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $405,000 $160 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,879/month

67 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Wood Flooring
  • Fitness Center
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of May 2019

This perfect mountain retreat in Chaparral Pines features a split floor plan with 4 Bedroom, each with its own en suite bath ... the perfect home for entertaining family and friends! The Great Room boasts a stone fireplace with doors to an expansive covered deck, a kitchen with breakfast bar, granite and stainless steel appliances. On the main-level there is a Master Suite and an additional guest bedroom. Downstairs is a huge living room with doors to another covered deck, a Guest Master Suite and additional bedroom. The very private location is on a cul-de-sac street which backs to a common area with an extensive stand of Ponderosa Pines. Come see this great home now!

Last Agent to Sell the Property

Wendy Larchick

Keller Williams Arizona Realty License #BR538058000 Listed on: 02/04/2019

Keller Williams Arizona Realty

Last Buyer's Agent

Eric Touton

eXp Realty License #SA631777000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,511

Year Built

  • Built in 2004

Lot Details

  • 6,534 Sq Ft Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,529 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Out Of Maricopa Cnty Elementary And Middle School
  • Out Of Maricopa Cnty High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 28
  • Assessor Parcel Number 302-91-028

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Chaparral Pines HOA, Phone Number (928) 472-9068
  • Chaparral Pines Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Additional Features

  • Recreation Room
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,511

Year Built

Built in 2004

Lot Details

0

HOA Fees

$135 per month

Parking

2

Listing Details

  • Cross Street: HWY 260 East/Chaparral Pines Drive
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 135.0
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Tax Year: 2018
  • Directions: In Payson, take HWY 260 East two miles, the Chaparral Pines golf community will be on your left, proceed to the gatehouse for directions to the property.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: Chaparral Pines
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 405.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Walk-Out Access
  • Flooring: Other, Carpet, Tile, Wood
  • Basement YN: Yes
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm
  • Living Area: 2529.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Basement Description:Walkout: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: Cul-De-Sac, Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Detached
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Detached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Golf, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Guarded Entry, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 405.0
  • Association Fee Frequency: Quarterly
  • Association Name: Chaparral Pines HOA
  • Phone: 928-472-9068
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Chaparral Pines HOA
  • Association Fees:HOA Telephone4: 928-472-9068
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Out of Maricopa Cnty
  • High School: Out of Maricopa Cnty
  • Middle Or Junior School: Out of Maricopa Cnty

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 302-91-028

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 3511.0
  • Tax Book Number: 302.00
  • Tax Lot: 28
  • Tax Map Number: 91.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2025
Sold by
Rechner Mark and Rechner Amy M
Bought by
Rechner Living Trust and Rechner
Current Estimated Value
$829,114

Purchase Details

Listed on
Feb 4, 2019
Closed on
Apr 25, 2019
Sold by
Heffner John L and Heffner Kristine M
Bought by
Rechner Mark and Rechner Amy M
Seller's Agent
Wendy Larchick
Keller Williams Arizona Realty
Buyer's Agent
Eric Touton
eXp Realty
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.81%

Purchase Details

Closed on
Dec 17, 2008
Sold by
Nolan Scott L and Nolan Susan B
Bought by
Heffner John L and Heffner Kristine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
6.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2004
Sold by
Elk Run Partners Llc
Bought by
Nolan Scott L and Nolan Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,850
Interest Rate
4.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Rechner Living Trust -- None Listed On Document
Rechner Mark $405,000 Pioneer Title Agency
Heffner John L $395,000 Pioneer Title Agency
Nolan Scott L $387,320 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heffner John L $237,000
Previous Owner Nolan Scott L $118,000
Previous Owner Nolan Scott L $309,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $405,000 -4.7% $160 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $425,000 -- $168 / 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 $4,397 -- -- --
2024 $4,397 $57,634 $2,460 $55,174
2023 $4,397 $46,956 $1,938 $45,018
2022 $4,262 $36,434 $1,938 $34,496
2021 $4,001 $36,435 $1,939 $34,496
2020 $3,844 $0 $0 $0
2019 $3,731 $0 $0 $0
2018 $3,511 $0 $0 $0
2017 $3,273 $0 $0 $0
2016 $3,205 $0 $0 $0
2015 $2,917 $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: 5878106

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-91-028