NOT LISTED FOR SALE

Payson, AZ 85541

Estimated Value: $471,314

Studio
-- Bath
3,090 Sq Ft
$153/Sq Ft Est. Value

Last Sold March 07, 2013

Last sale price $185,000 $60 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $2,949/month

130 Days on Market

Highlights

  • Community Kitchen
  • Partially Fenced Property
  • Carpet

About This Home

As of March 2013

This 3000+ SF building, with frontage on Highway 260, was used as a real estate office and later as a trading post. The building has two entrances and at one time the real estate office was up front with the back portion of the building used by another business. The front portion can be secured from the back portion. There are three different storage sheds on the property and the back portion of the lot is undeveloped. The property has been recently painted inside and out and the corners have been marked. It is ready and waiting for you to move your business into. The property is priced well below an appraisal done in March 2012. This is a bank foreclosure and is being sold ''AS IS.''

Last Agent to Sell the Property

Daphne Rutz

DeLex Realty License #BR515867000 Listed on: 09/04/2012

DeLex Realty

Last Buyer's Agent

Daphne Rutz

DeLex Realty License #BR515867000 Listed on: 09/04/2012

DeLex Realty

Property Details

Property Type

  • Other

Year Built

  • Built in 1979

Lot Details

  • 0.58 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Property is zoned C2

Home Design

  • 3,090 Sq Ft Home
  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Vinyl

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Public Parking
  • Free Parking
  • Paved Parking

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 304-07-023-N

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Additional Features

  • Park Payson Subdivision
  • Operating Expense $6,998

Property Details

Property Type

Other

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: Hwy 87 and Hwy 260
  • Property Type: Comm/Industry Sale
  • Zoning: C2
  • Number Of Buildings: 1
  • Year Built: 1979
  • Tax Year: 2011
  • Lot Size Acres: 0.58
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: Park Payson
  • Structure Type: Commercial
  • Tax Parcel Letter: N
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl

Exterior Features

  • Fencing: Partial, Wood
  • Construction Type: Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Office Evap
  • Heating: Natural Gas
  • Green Building Features: Conference Room, Reception Room, Kitchen
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes

Lot Info

  • Lot Size Sq Ft: 25290.0
  • Parcel #: 304-07-023-N
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 6998.0

Tax Info

  • Tax Annual Amount: 6998.0
  • Tax Book Number: 304.00
  • Tax Lot: 23
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2012
Closed on
Jan 28, 2013
Sold by
Thayer Frederick A
Bought by
Solcito Investments Llc
Seller's Agent
Daphne Rutz
DeLex Realty
Buyer's Agent
Daphne Rutz
DeLex Realty
List Price
$259,900
Sold Price
$185,000
Premium/Discount to List
-$74,900
-28.82%
Current Estimated Value
$471,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,314

Purchase Details

Closed on
Apr 6, 2005
Sold by
Pine Mountain Investments Llc
Bought by
Arbol Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5.77%
Mortgage Type
Commercial
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Solcito Investments Llc $185,000 Us Title Agency Llc
Arbol Enterprises Inc $345,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arbol Enterprises Inc $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2013 03/07/13 Sold $185,000 -28.8% $60 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
08/30/2012 08/30/12 For Sale $259,900 -- $84 / 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 $5,847 -- -- --
2024 $5,847 $34,801 $11,708 $23,093
2023 $5,847 $49,548 $29,551 $19,997
2022 $5,834 $51,471 $29,551 $21,920
2021 $5,633 $42,893 $24,626 $18,267
2020 $5,412 $0 $0 $0
2019 $5,254 $0 $0 $0
2018 $4,944 $0 $0 $0
2017 $4,609 $0 $0 $0
2016 $4,513 $0 $0 $0
2015 $4,552 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daphne Rutz

    Seller's Agent in 2013

    Daphne Rutz

    DeLex Realty

    (928) 970-1215

    21 Total Sales

    Daphne Rutz
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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4813487

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-07-023N

Arizona Gila County Payson

85541

Not Listed for Sale

Other

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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