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401 Cherry St

Payson, AZ 85541

4 bd 2 ba 3,000 sqft Built 1985 Lot 40,946 sqft single_family
Most recent sale
$525,000
May 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 25, 2022 Sold $525,000 MLS #86523
Apr 19, 2022 Listed $525,000 MLS #86523
Nov 22, 2019 Sold $289,900 MLS #80641
Aug 4, 2010 Sold $150,532 CentralArizona
Aug 3, 2010 Sold $150,532 Public Record
May 21, 2010 Listed $139,900 MLS #61122
Oct 21, 1999 Sold $189,900 Public Record
Dec 12, 1990 Sold $105,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $53,833 $10,588 $64,421 $3,251
2023 $46,629 $5,517 $52,146 $3,019
2022 $28,665 $5,517 $34,182 $2,918
2021 $28,665 $5,517 $34,182 $2,745
2020 $28,665 $5,517 $34,183 $2,625
2019 $25,146 $5,517 $30,663 $2,544
2018 $25,146 $5,517 $30,663 $2,379
2017 $23,879 $2,907 $26,786 $2,214
2016 $20,221 $2,907 $23,127 $2,149
2015 $19,222 $3,230 $22,452 $2,020
2014 $17,519 $2,523 $20,042 $1,985
2013 $15,286 $2,523 $17,809 $1,996
2012 $15,565 $2,523 $18,088 $1,853
2011 $15,565 $2,523 $18,088 $1,905
2010 $21,004 $2,523 $23,527 $2,063
2009 $21,004 $2,523 $23,527 $1,991
2008 $21,433 $2,523 $23,956 $2,110
2007 $20,751 $2,523 $23,274 $2,116

Property facts

Year built
1985
Property type
single_family
Stories
Beds
4
Baths
2
Living area
3,000 sqft
Lot size
40,946 sqft
ZIP code
85541
City
Payson
Street
Cherry St
Coordinates
34.23246, -111.31909

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,650
Gross rental yield
10.63%
Implied cap rate
6.91%
Trend-extrapolated value

Frequently asked questions

When did 401 Cherry St last sell?
401 Cherry St most recently sold on May 25, 2022 for $525,000.
What is the current tax assessment for 401 Cherry St?
The most recent total assessment for 401 Cherry St (year 2025) is $64,421 with $3,251 in property tax.
How does 401 Cherry St's assessment compare to its last sale price?
The current assessment is 87.7% below the last sale price of $525,000.
When was 401 Cherry St built?
401 Cherry St was built in 1985.
How does 401 Cherry St compare to others on Cherry St?
We track 8 other properties on Cherry St. Browse the list under "Other properties on Cherry St" to compare beds, baths, and sale history.
What are the property facts for 401 Cherry St?
401 Cherry St is a 4 bed, 2 bath, 3,000 sqft, 40,946 sqft lot single_family.
Is 401 Cherry St a flip candidate?
No — 401 Cherry St does not appear in our flips dataset.
Is 401 Cherry St a tax-appeal candidate?
No — 401 Cherry St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.8%
Implied 1-yr
+7.1%
2026 Q3
$507K
2026 Q4
$515.1K
ZIP 85541 — Median Price History + Forecast

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