NOT LISTED FOR SALE

8 S Rainbow Dr Payson, AZ 85541

Payson Area

Estimated Value: $317,000 - $358,000

3 Beds
2 Baths
1,550 Sq Ft
$222/Sq Ft Est. Value

Sale Details

Date Sold: December 11, 2024

Last sale price $280,000 $181 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,986 / mo

92 Days on Market

Highlights

  • Fireplace in Kitchen
  • Ranch Style House
  • Walk-In Pantry
  • Wood Burning Stove
  • No HOA
  • Separate Outdoor Workshop

About This Home

As of December 2024

Located in Star Valley - single level home with 3 bedrooms, 2 baths, living room, kitchen/dining area, large walk in pantry/laundry room and a 1 car garage. Covered patio with a block fence backyard and workshop. Heating system has been replaced.

Last Agent to Sell the Property

Kim Ross

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3 License #BR506146000 Listed on: 07/28/2024

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3

Last Buyer's Agent

Phil Hopkins

Desert 2 Mountain Realty License #SA528972000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,431

Year Built

  • Built in 1979

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 74.83x129.24x149.34
  • South Facing Home
  • Block Wall Fence
  • Landscaped

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,550 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Double Pane Windows
  • Combination Kitchen and Dining Room
  • Laundry in Utility Room

Kitchen

  • Walk-In Pantry
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Fireplace in Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Separate Outdoor Workshop

Utilities

  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 302-61-055

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,431

Year Built

Built in 1979

Lot Details

8,712 Sq Ft Lot

Listing Details

  • FILLACRES: 0.20
  • Estimated Sq Ft: 1550.00
  • Estimated Sq Ft Range: 1501 - 1750
  • Total Bathrooms: 2.00
  • House Faces: S
  • Directions: Highway 260 to Moonlight Drive, Right and follow Moonlight Drive to Rainbow Drive home is on the left.
  • Fireplace Wood Stove: Woodstove
  • Fireplace Woodstove N A Other: Kitchen/Dining
  • Homeowners Assoc N A Other: YES
  • 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
  • Other Rooms N A Other: YES
  • Property Sub Type: Site Built
  • Prop. Type: Residential
  • Selling Member Short Id: PH0238
  • Building Style: Ranch, Single Level
  • Sub Code: Star Valley Vista
  • Sub Floor Type: Slab
  • Tract Suffix: Drive
  • Warranty Program: No
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Floor Covering: Laminate, Tile
  • Basement Full Bathrooms: 2
  • Lower Floor 1 Bedrooms: 3
  • Dining Room: Kitchen-Dining Combo
  • Fireplace Stove: Yes
  • Foreclosure: No
  • Interior Amenities: Dual Pane Window, Master Main Floor
  • Kitchen Features: Built in Microwave, Dishwasher, Electric Range, Refrigerator, Walk In Pantry
  • Laundry: Utility Room
  • Legal Description: Section: 32 Township: 11N Range: 11E LOT 55, STAR VALLEY VISTA, PLAT 222 SW1/4 SEC 32 T11N R11E = 0.20 AC
  • Source of Sq Ft: Assessor

Exterior Features

  • Exterior Construction: Wood Frame
  • Exterior Features: In the Trees, Landscaped, Patio, Work Shop
  • Fencing: Block
  • Flood Zone: None
  • Horses Allowed On Property: No
  • Lot Number: 55
  • Roof: Asphalt/Comp Shingle
  • Exterior Construction: Stucco, Wood
  • View: No
  • Waterfront: No

Garage/Parking

  • Garage Capacity: 1.00
  • Parking Features: Attached, Garage Only

Utilities

  • Cooling: Ceiling Fan
  • Heating: Electric, Fireplace/Woodstove, Wall Panel
  • Utilities Available: Cable TV/Satellite, Electricity, Septic Tank Installed, Star Valley Water, Trash
  • Water Heater: Electric, Over 30 Gallons

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 1431.00

Lot Info

  • Assessor Parcel Number: 302-61-055
  • Lot Dimensions: 74.83x129.24x149.34
  • Zoning: Residential

Tax Info

  • Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2024
Closed on
Dec 5, 2024
Sold by
Bought by
Seller's Agent
Kim Ross
REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3
Buyer's Agent
Phil Hopkins
Desert 2 Mountain Realty
List Price
$335,000
Sold Price
$280,000
Premium/Discount to List
-$55,000
-16.42%
Views
366
Current Estimated Value
$343,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,370
Avg. Annual Appreciation
13.69%
Original Mortgage
$274,928
Interest Rate
0.0672%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 2023
Sold by
Bought by

Purchase Details

Closed on
Oct 19, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,556
Interest Rate
0.0375%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,618
Interest Rate
0.0491%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 27, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,910
Interest Rate
0.0629%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$280,000 Pioneer Title
$280,000 Pioneer Title
-- None Listed On Document
-- Pioneer Title Agency Inc
-- Pioneer Title Agency
$203,228 Pioneer Title Agency
-- Pioneer Title Agency
$200,000 Pioneer Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $274,928
Previous Owner $119,556
Previous Owner $107,618
Previous Owner $196,910
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Sold $280,000 -6.0% $181 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
09/26/2024 09/26/24 Price Changed $298,000 -8.3% $192 / Sq Ft
08/24/2024 08/24/24 Price Changed $325,000 -3.0% $210 / Sq Ft
07/28/2024 07/28/24 For Sale $335,000 -- $216 / Sq Ft
Source: Central Arizona Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,580 $25,717 $2,043 $23,674
2025 $1,580 --
2024 $1,431 $24,768 $2,064 $22,704
2023 $1,431 $21,189 $2,046 $19,143
2022 $1,366 $14,018 $2,046 $11,972
2021 $1,330 $14,019 $2,046 $11,973
2020 $1,295 $0 $0 $0
2019 $1,238 $0 $0 $0
2018 $1,185 $0 $0 $0
2017 $1,128 $0 $0 $0
2016 $1,091 $0 $0 $0
2015 $1,004 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Ross

    Seller's Agent in 2024

    Kim Ross

    REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3

    (928) 978-1003

    230 Total Sales

    Kim Ross
    Section Image

  • P

    Buyer's Agent in 2024

    Phil Hopkins

    Desert 2 Mountain Realty

    106 Total Sales

    Phil Hopkins
    Section Image
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Map

Source: Central Arizona Association of REALTORS®

MLS Number: 90803

Central Arizona Association of REALTORS®

APN: 302-61-055

Arizona Gila County Payson 85541

8 S Rainbow Dr, Payson, AZ

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.

Central Arizona Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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