NOT LISTED FOR SALE

838 S Palomino Way Payson, AZ 85541

Estimated Value: $351,000 - $428,000

2 Beds
1 Bath
912 Sq Ft
$426/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $404,000 $443 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,189/month

9 Days on Market

Highlights

  • Vaulted Ceiling
  • Mini Split Air Conditioners
  • Outdoor Storage
  • Covered Patio or Porch
  • Community Playground
  • Wood Fence

About This Home

As of February 2024

Welcome to your dream cabin retreat in Payson, Arizona, nestled within the serene and secluded community of Beaver Valley Estates. Prepare to be enchanted by this charming cabin, where the tranquil East Verde River flows gently through the community, offering a soothing symphony of nature's melodies.
This cozy two-bedroom, one-bathroom home boasts an inviting atmosphere with its rustic yet modern design. The addition of an upstairs loft provides versatile space, perfect for accommodating additional guests or creating a tranquil retreat area. The cabin underwent a thoughtful renovation in 2020, ensuring that it seamlessly blends timeless charm with contemporary comforts. Currently operating as a highly successful vacation rental by owner (VRBO), this cabin presents a remarkable income-generating opportunity. With an impressive 90% occupancy rate, it stands as a testament to its allure and popularity among visitors seeking solace and serenity.
Step inside to discover a meticulously maintained interior, showcasing the cabin's unique character and attention to detail. The warm and inviting living spaces feature a harmonious blend of natural materials, such as exposed wooden beams and stone accents, creating a cozy ambiance that welcomes you home.
The kitchen, a focal point of the home, exudes a rustic charm while offering modern conveniences. With ample counter space and updated appliances, it is well-equipped for culinary adventures and shared moments around the dining table.
As you venture outside, you'll be greeted by a picturesque landscape that invites you to explore and unwind. Take a leisurely stroll through the lush surroundings, relax on the deck, or take an evening stroll and dip your toes into the cool waters of the East Verde River.
Located in the desirable Beaver Valley Estates, this cabin offers a unique combination of seclusion and convenience. Enjoy the privacy and peacefulness of the community while still being within easy reach of Payson's amenities, including shops, restaurants, and recreational opportunities.
Don't miss your chance to own this exceptional cabin retreat, as it is a rare find that embodies both beauty and functionality. Act quickly to secure this income-generating gem that promises not only an idyllic escape for yourself but also a valuable investment opportunity.
Come and experience the allure of this charming cabin by the East Verde River, and embrace a lifestyle that harmonizes rustic charm with modern comfort. Your dream cabin retreat awaits - seize this opportunity before it slips away!

Last Agent to Sell the Property

Audrey Hogue

My Home Group Real Estate License #SA652488000 Listed on: 01/04/2024

My Home Group Real Estate

Last Buyer's Agent

Damian Godoy

My Home Group Real Estate License #BR623758000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,536

Year Built

  • Built in 1983

Lot Details

  • 7,049 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wood Fence
  • Chain Link Fence

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 302-17-244

Community Details

Overview

  • Association fees include (see remarks)
  • Beaver Valley HOA, Phone Number (602) 557-0394
  • Beaver Valley Estates 3 Subdivision

Amenities

  • Recreation Room

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,536

Year Built

Built in 1983

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Cross Street: Houston Mesa and Beaver Flat Rd
  • Legal Info Range: 10E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 16.67
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: BEAVER VALLEY ESTATES 3
  • Architectural Style: Other
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 442.98
  • Association Fees:HOA Fee2: 200.0
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Vaulted Ceiling(s)
  • Living Area: 912.0
  • Stories: 1
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Chain Link, Wood
  • Exterior Features: Storage
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Utilities

  • Cooling: Mini Split
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association Name: Beaver Valley HOA
  • Phone: 602-557-0394
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Beaver Valley HOA
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 200.0
  • Association Fees:Disclosure Fees HOA: 376.0
  • Association Fees:Other Fees Description: 24
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

Schools

  • Elementary School: Out of Maricopa Cnty
  • High School: Out of Maricopa Cnty
  • Junior High Dist: Payson Unified District
  • Middle Or Junior School: Out of Maricopa Cnty

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7049.0
  • Parcel #: 302-17-244

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1536.0
  • Tax Book Number: 302.00
  • Tax Lot: 71
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2019
Sold by
Norvell Benjamin R and Norvell Patricia L
Bought by
Price Joshua Lee and Price Genevieve H
Current Estimated Value
$388,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$92,355
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$295,867
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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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
Price Joshua Lee $175,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Joshua Lee $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2024 02/28/24 Sold $404,000 -0.2% $443 / Sq Ft
01/23/2024 01/23/24 For Sale $405,000 0.0% $444 / Sq Ft
01/14/2024 01/14/24 Pending -- -- --
01/12/2024 01/12/24 Off Market $405,000 -- --
01/04/2024 01/04/24 For Sale $405,000 -- $444 / 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 $1,536 -- -- --
2024 $1,536 $17,526 $3,055 $14,471
2023 $1,536 $11,170 $2,459 $8,711
2022 $1,472 $10,470 $1,417 $9,053
2021 $1,475 $10,403 $1,350 $9,053
2020 $1,440 $0 $0 $0
2019 $1,381 $0 $0 $0
2018 $1,360 $0 $0 $0
2017 $1,292 $0 $0 $0
2016 $1,285 $0 $0 $0
2015 $1,180 $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: 6644663

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-17-244