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1001 West Colt Drive

1001 West Colt Drive, Payson, AZ 85541
Property in Gila
Sold Sep 30, 2016
$135,000
$128,250 by Desert Schools Fcu
Mortgage Due Oct 01, 2046
Sold Jan 14, 2016
$168,000
Local assessors in Payson, AZ have categorized 1001 West Colt Drive as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 6,098 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1001 West Colt Drive has a total of 1,688 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a cathedral style roof that was made of asbestos. Lots of wood siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on a refrigeration air conditioning system for their cooling system. The home's floor/wall heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1001 West Colt Drive sold most recently in Sep 29, 2016 for a total of $135,000. If you work out the math, that's approximately a cost of $79.98 per sqft. Before that, the property was also sold for $168,000 in Jan 7, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,408 in taxes each year. 1001 West Colt Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $30,018. If we break it down further, the land itself was valued at $2,969. Improvements to the property, however, were assessed at a total of $27,049. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Asbestos
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,688
  • Building Area: 1,688
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 1,688
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PAYSON RANCHOS
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECTION: 28 TOWNSHIP: 11N RANGE: 10E PAYSON RANCHOS UNIT #4 LOT 70 EXC BEG SE COR LOT 70; TH N 64D11' 41W 88.69'; TH N 10D18'

Ownership

  • Current Owner : MITCHELL CYNTHIA R
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: BANKS JAMES A
  • Owner Before Previous Owner 2: BANKS CYNTHIA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Payson Unified District
  • Census Tract: 000302

Geography

  • Assessors Map Reference: PM 302-36
  • Account Number: R022989
  • Parcel: 302-36-502
  • Lot: 70
  • Meridian: SEC 28 TWN 11N RNG 10E
  • Municipality: PAYSON
  • Latitude: 34.2683
  • Longitude: -111.337

    Address

  • Full Address: 1001 W Colt Dr
  • Legal Unit: 4
  • Address - House Number: 1001
  • Street Direction: W
  • Address - Street Name: Colt
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Payson
  • Carrier Code: C019
  • 4-Digit Zip Code: 3080
  • Zip Code: 85541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,408
  • Tax Rate Code Area: 1053

    Appraisal Valuation

  • Standard Deviation: 0.2598
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 63
  • Final Value: 464,366
  • High Value: 585,046
  • Low Value: 343,686

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $178,250
  • First Open Lien Mortgage Lender: DESERT SCHOOLS FCU
  • First Open Lien Mortgage Recording Date: Sep 30, 2016
  • First Open Lien Mortgage Loan Amount: $128,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2046
  • Second Open Lien Mortgage Lender: DESERT FINANCIAL CU
  • Second Open Lien Mortgage Recording Date: Feb 11, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 11, 2051

    Market Valuation

  • Market Total Value: $300,178
  • Market Land Value: $29,691
  • Market Improvement Value: $270,487

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $30,018
  • Assessed Land Value: $2,969
  • Assessed Improvements Value: $27,049

    Sales

  • Current Sale Contract Date: Sep 29, 2016
  • Current Sale Recording Date: Sep 30, 2016
  • Current Sale Transaction ID: 1817461880
  • Current Sale Price: $135,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2016-009118
  • Previous Sale Recording Date: Jan 14, 2016
  • Previous Sale Contract Date: Jan 07, 2016
  • Previous Sale Amount: $168,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: DESERT SCHOOLS FCU
  • First Mortgage Transaction Date: Sep 30, 2016
  • First Mortgage Loan Amount: $128,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

About Payson



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Frequently Asked Questions

What neighborhood is 1001 West Colt Drive located in?
The 1001 West Colt Drive is a located in the neighborhood of Gila in Payson, Payson.
What is the average sales price for listings in 1001 West Colt Drive?
The average sales price for units in 1001 West Colt Drive is $0 currently.

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