NOT LISTED FOR SALE

718 S Ridgeway Ln Unit 25 Payson, AZ 85541

Estimated Value: $611,000 - $684,000

0.4 Acre
$1,596,055 Price per Acre
17,424 Sq Ft Lot

Last Sold July 01, 2015

Last sale price $85,000 $5 Per Sq Ft

Est. 636% increase in value since last sale

Current estimated payment $3,760/month

2,406 Days on Market

About This Lot

As of July 2015

Nice easy build lot in one of Payson's premier subdivisions. Underground utilities. End of road seclusion for privacy and mountain serenity. Site built homes only; minimum 1400 sq.ft. Water fees have been paid.

Last Agent to Sell the Property

Rory Huff

ERA-Young Realty & Investment License #BR521169000 Listed on: 11/14/2008

Last Buyer's Agent

Rory Huff

ERA-Young Realty & Investment License #BR521169000 Listed on: 11/14/2008

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,650

Lot Details

  • 0.4 Acre Lot
  • Property is zoned R1-10MH

Interior Spaces

  • 17,424 Sq Ft Home

Schools

  • Out Of Maricopa Cnty Middle School

Utilities

  • Underground Utilities
  • Propane

Community Details

Property Details

Property Type

Land

Est. Annual Taxes

$3,650

Lot Details

0

Listing Details

  • Tax Municipality: Payson
  • Legal Info Lot Number: 25
  • Property Type: C
  • Additional Assessor Parcel Numbers: Yes
  • Estimated Deeded Fee Acres: 0.40
  • Estimated G N Sq Ft: G
  • Estimated Total Acres: 0.40
  • Estimated Total Acres G N: G
  • Assessor Parcel Number: 25.00
  • Displayon Public Websites: Y
  • Existing Land Use: Residential Lot
  • Hndrd Blk Directionl: S
  • Marketing Name: East Gateway Phase 2
  • Outof Area Schl Dst: 10
  • Parcel Size: .25 - .49 Acres
  • Price Per Acre: 223750.00
  • Price Per Sq Ft: 5.13
  • Type: Er
  • Zoned Presently: Single Family
  • Zoning: R1-10MH
  • Map Code Grid: C71
  • Tax Year: 2007
  • Directions: Phoenix St east to Mudsprings, left to Frontier, right to Ridgeway, left to sign.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Estimated Sq Ft: 17424.00

Exterior Features

  • Lot Number: 25

Utilities

  • Water: City Franchise
  • Electric: City Electric, Underground
  • Gas: City Gas, Propane Piped, Underground

Schools

  • Elementary School: Other
  • Middle School: Out of Maricopa Cnty
  • High School: Other
  • Jr High School: Out of Maricopa Cnty

Lot Info

  • Lot Size: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2020
Sold by
Lombardi Michael E and Lombardi Anna O
Bought by
Chirstianson Paul and Chirstianson Joy
Current Estimated Value
$625,775

Purchase Details

Listed on
Nov 14, 2008
Closed on
Jun 30, 2015
Sold by
Perkes Chris and Perkes Gina
Bought by
Lombardi Michael E and Fam Anna
Seller's Agent
Rory Huff
ERA-Young Realty & Investment
Buyer's Agent
Rory Huff
ERA-Young Realty & Investment
List Price
$160,000
Sold Price
$85,000
Premium/Discount to List
-$75,000
-46.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.43%
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
Chirstianson Paul $450,000 Pioneer Title Agency Inc
Lombardi Michael E $85,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lombardi Michael E $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2015 07/01/15 Sold $85,000 -46.9% $5 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
11/14/2008 11/14/08 For Sale $160,000 -- $9 / 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 $3,650 -- -- --
2024 $3,650 $56,159 $7,220 $48,939
2023 $3,650 $50,285 $6,196 $44,089
2022 $3,528 $35,975 $5,464 $30,511
2021 $3,317 $35,975 $5,464 $30,511
2020 $3,173 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rory Huff

    Seller's Agent in 2015

    Rory Huff

    ERA-Young Realty & Investment

    (928) 474-4554

    260 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4070898

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-64-025A

Arizona Gila County Payson 85541

718 S Ridgeway Ln Unit 25, Payson, AZ

This home is located at 718 S Ridgeway Ln Unit 25, Payson, AZ 85541 since 14 November 2008 and is currently estimated at $638,422, approximately $36 per square foot. 718 S Ridgeway Ln Unit 25 is a home located in Gila County with nearby schools including Julia Randall Elementary School, Payson Elementary School, and Rim Country Middle School.

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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