518 West Main Street

518 West Main Street in Payson, AZ was first built in 1974 and is 50 years old. This has been categorized as a commercial property type. There are a total of 2 floors. 518 West Main Street has 4,598 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,632 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with other control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of wood siding. As for heating, the home is utilizing a forced air unit. 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, 518 West Main Street sold most recently in Mar 29, 2022 for a total of $426,000. If you work out the math, that's approximately a cost of $168.45 per sqft. Before that, the property was also sold for $400,000 in Dec 30, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,897 in taxes each year. The initial year of tax delinquency occurred in 2017. 518 West Main Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $84,532. If we break it down further, the land itself was valued at $7,985. Improvements to the property, however, were assessed at a total of $76,547. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.