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2508 East Pine Island Lane

2508 East Pine Island Lane, Payson, AZ 85541
House in Gila
Sold Jun 01, 2021
$749,000
$304,000 by Best Capital Funding
Mortgage Due Jul 01, 2051
Sold Jan 11, 2019
$465,000
$372,000 by Wallick & Volk Inc
Mortgage Due Feb 01, 2049
2508 East Pine Island Lane has been categorized by the local assessors in Payson, AZ as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The building has a total of 2 stories. In addition, 2508 East Pine Island Lane has 3,089 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,534 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 666 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a patio. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B+ by the local assessor. The roof of the building is made of asbestos. The exterior walls of the building are made of wood siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with ventilation system at the moment. In terms of heating, it is utilizing a vent heater. The property was last sold in May 20, 2021 for $749,000. That's $242.47 per sqft. Prior to that sales transaction, the property was also sold in Jan 4, 2019 for $465,000. 2508 East Pine Island Lane was last assessed in 2024. The total value of the property was assessed at $79,386. Specifically, the land the property is located on was valued at $2,460. While improvements on the property were assessed at a total of $76,926. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,776. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 12
  • Building Quality: B+
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asbestos
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 666
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 3,089
  • Building Area: 3,089
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Ventilation system
  • Heating: Vent
  • Heated Square Feet: 3,089
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHAPARRAL PINES
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECTION: 36 TOWNSHIP: 11N RANGE: 10E LOT 33 , PINE ISLAND AT CHAPARRAL PINES , PLAT 669N1/2 SEC 36 T11N R10E = 0.15 AC(OUT OF

Ownership

  • Current Owner : LYNCH JAMES STEWART
  • Current Owner 2: LYNCH SUSAN PATRICIA
  • Previous Owner : THE CABIN LLC
  • Owner Before Previous Owner: KNAUSS WILLIAM C
  • Owner Before Previous Owner 2: KNAUSS MARILYN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Payson Unified District
  • Census Tract: 000400

Geography

  • Assessors Map Reference: PM 302-88
  • Account Number: R027567
  • Parcel: 302-88-033
  • Lot: 33
  • Meridian: SEC 36 TWN 11N RNG 10E
  • Municipality: PAYSON
  • Latitude: 34.2547
  • Longitude: -111.284

    Address

  • Full Address: 2508 E Pine Island Ln
  • Address - House Number: 2508
  • Street Direction: E
  • Address - Street Name: Pine Island
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Payson
  • Carrier Code: C009
  • 4-Digit Zip Code: 6101
  • Zip Code: 85541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,776
  • Tax Rate Code Area: 1053

    Appraisal Valuation

  • Standard Deviation: 0.2735
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 60
  • Final Value: 941,200
  • High Value: 1,198,712
  • Low Value: 683,689

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $393,504
  • First Open Lien Mortgage Lender: BEST CAPITAL FUNDING
  • First Open Lien Mortgage Recording Date: Jun 01, 2021
  • First Open Lien Mortgage Loan Amount: $304,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051
  • Second Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • Second Open Lien Mortgage Recording Date: Nov 01, 2022
  • Second Open Lien Mortgage Loan Amount: $89,504
  • 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: Nov 22, 2052

    Market Valuation

  • Market Total Value: $793,861
  • Market Land Value: $24,600
  • Market Improvement Value: $769,261

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $79,386
  • Assessed Land Value: $2,460
  • Assessed Improvements Value: $76,926

    Sales

  • Current Sale Contract Date: May 20, 2021
  • Current Sale Recording Date: Jun 01, 2021
  • Current Sale Transaction ID: 11843654425
  • Current Sale Price: $749,000
  • Current Sale Document Type: Joint Tenancy Deed
  • Current Sale Input Document Number: 2021-007989
  • Previous Sale Recording Date: Jan 11, 2019
  • Previous Sale Contract Date: Jan 04, 2019
  • Previous Sale Amount: $465,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BEST CAPITAL FUNDING
  • First Mortgage Transaction Date: Jun 01, 2021
  • First Mortgage Loan Amount: $304,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WALLICK & VOLK INC
  • Previous Mortgage Transaction Date: Jan 11, 2019
  • Previous Mortgage Loan Amount: $372,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2049

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Frequently Asked Questions

What neighborhood is 2508 East Pine Island Lane located in?
The 2508 East Pine Island Lane is a house located in the neighborhood of Gila in Payson, Payson.
What is the average sales price for listings in 2508 East Pine Island Lane?
The average sales price for units in 2508 East Pine Island Lane is $0 currently.

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