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2503 Elk Run Ct

Payson, AZ 85541

2 bd 2 ba 1,364 sqft Built 1997 Lot 8,087 sqft single_family
Most recent sale
$520,000
Nov 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 19, 2026 Listed $565,000 ArizonaRegionalMLS
Oct 2, 2025 Sold $475,000 CentralArizona
Nov 14, 2022 Sold $520,000 CentralArizona
Oct 11, 2022 Listed $595,000 ArizonaRegionalMLS
Nov 13, 2020 Sold $385,000 Public Record
Oct 30, 2018 Sold $285,000 CentralArizona
Sep 21, 2018 Relisted $285,000 CentralArizona
Sep 3, 2018 Listing removed $285,000 CentralArizona
Aug 17, 2018 Price changed $285,000 CentralArizona
Jul 1, 2018 Listed $299,000 CentralArizona
Jan 1, 2013 Listing removed $1,295 CentralArizona
Dec 4, 2012 Listed for rent $1,295 CentralArizona
Apr 11, 2001 Sold $269,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $33,821 $2,744 $36,565 $2,983
2023 $26,456 $1,509 $27,965 $2,417
2022 $21,451 $1,509 $22,960 $2,697
2021 $21,451 $1,509 $22,960 $2,532
2020 $21,451 $1,509 $22,960 $2,102
2018 $18,855 $1,509 $20,364 $2,222
2017 $20,457 $1,509 $21,966 $2,071
2016 $18,131 $1,509 $19,640 $2,029
2015 $18,077 $1,509 $19,586 $1,868
2014 $13,131 $1,840 $14,971 $1,938
2013 $13,131 $1,840 $14,971 $1,975
2012 $13,798 $3,280 $17,078 $1,967
2011 $13,798 $3,280 $17,078 $2,282
2009 $22,218 $3,280 $25,498 $2,249
2008 $25,248 $3,280 $28,528 $2,198
2007 $20,962 $3,280 $24,242 $2,181

Property facts

Year built
1997
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,364 sqft
Lot size
8,087 sqft
ZIP code
85541
City
Payson
Street
Elk Run Ct
Coordinates
34.26032, -111.28350

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
$2,114
Gross rental yield
4.88%
Implied cap rate
3.17%
Trend-extrapolated value

Frequently asked questions

When did 2503 Elk Run Ct last sell?
2503 Elk Run Ct most recently sold on Nov 14, 2022 for $520,000.
What is the current tax assessment for 2503 Elk Run Ct?
The most recent total assessment for 2503 Elk Run Ct (year 2025) is $36,565 with $2,983 in property tax.
How does 2503 Elk Run Ct's assessment compare to its last sale price?
The current assessment is 93.0% below the last sale price of $520,000.
When was 2503 Elk Run Ct built?
2503 Elk Run Ct was built in 1997.
How does 2503 Elk Run Ct compare to others on Elk Run Ct?
We track 8 other properties on Elk Run Ct. Browse the list under "Other properties on Elk Run Ct" to compare beds, baths, and sale history.
What are the property facts for 2503 Elk Run Ct?
2503 Elk Run Ct is a 2 bed, 2 bath, 1,364 sqft, 8,087 sqft lot single_family.
Is 2503 Elk Run Ct a flip candidate?
No — 2503 Elk Run Ct does not appear in our flips dataset.
Is 2503 Elk Run Ct a tax-appeal candidate?
No — 2503 Elk Run Ct 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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