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508 Colcord Rd

Payson, AZ 85541

2 bd 1 ba 1,609 sqft Built 1986 Lot 7,841 sqft single_family
Most recent sale
$345,000
Oct 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 27, 2024 Sold $345,000 ArizonaRegionalMLS
Dec 17, 2024 Sold $345,000 CentralArizona
Apr 28, 2024 Sold $388,000 ArizonaRegionalMLS
Oct 25, 2022 Sold $345,000 MLS #6467489
Sep 22, 2022 Listed $345,000 MLS #6467489
Dec 5, 2019 Sold $195,500 MLS #81441
Aug 16, 1994 Sold $32,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $20,087 $5,884 $25,971 $1,481
2023 $17,486 $4,075 $21,561 $1,382
2022 $11,288 $4,075 $15,363 $1,339
2021 $11,288 $4,075 $15,363 $1,258
2020 $11,288 $4,075 $15,363 $1,209
2019 $9,900 $4,075 $13,975 $1,012
2018 $10,281 $2,688 $12,969 $946
2017 $8,385 $3,682 $12,067 $881
2016 $7,892 $3,682 $11,574 $855
2015 $5,963 $3,342 $9,305 $803
2014 $3,740 $3,342 $7,082 $790
2013 $4,719 $3,342 $8,061 $890
2012 $6,599 $3,342 $9,941 $1,019
2011 $8,122 $3,342 $11,464 $1,169
2010 $10,281 $3,342 $13,623 $1,195
2009 $10,281 $3,342 $13,623 $1,198
2008 $11,954 $3,342 $15,296 $1,203
2007 $11,193 $3,342 $14,535 $1,118

Property facts

Year built
1986
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,609 sqft
Lot size
7,841 sqft
ZIP code
85541
City
Payson
Street
Colcord Rd
Coordinates
34.24668, -111.32499

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
$2,494
Gross rental yield
8.67%
Implied cap rate
5.64%
Trend-extrapolated value

Frequently asked questions

When did 508 Colcord Rd last sell?
508 Colcord Rd most recently sold on Oct 25, 2022 for $345,000.
What is the current tax assessment for 508 Colcord Rd?
The most recent total assessment for 508 Colcord Rd (year 2025) is $25,971 with $1,481 in property tax.
How does 508 Colcord Rd's assessment compare to its last sale price?
The current assessment is 92.5% below the last sale price of $345,000.
When was 508 Colcord Rd built?
508 Colcord Rd was built in 1986.
How does 508 Colcord Rd compare to others on Colcord Rd?
We track 8 other properties on Colcord Rd. Browse the list under "Other properties on Colcord Rd" to compare beds, baths, and sale history.
What are the property facts for 508 Colcord Rd?
508 Colcord Rd is a 2 bed, 1 bath, 1,609 sqft, 7,841 sqft lot single_family.
Is 508 Colcord Rd a flip candidate?
No — 508 Colcord Rd does not appear in our flips dataset.
Is 508 Colcord Rd a tax-appeal candidate?
No — 508 Colcord Rd 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
+2.3%
Implied 1-yr
+9.3%
2026 Q3
$495.9K
2026 Q4
$505.9K
ZIP 85541 — Median Price History + Forecast

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