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1008 Falcon Lookout Ln

Payson, AZ 85541

4 bd 3 ba 2,758 sqft Built 2008 Lot 10,890 sqft single_family
Most recent sale
$740,000
May 1, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 1, 2023 Sold $740,000 ArizonaRegionalMLS
Nov 11, 2022 Listing removed WhiteMountains
Oct 1, 2022 Listed $799,000 WhiteMountains
Oct 21, 2021 Listing removed CentralArizona
Mar 23, 2021 Sold $550,000 ArizonaRegionalMLS
Feb 5, 2021 Listed $550,000 CentralArizona
Feb 4, 2021 Listed $550,000 ArizonaRegionalMLS
May 15, 2017 Listing removed $423,900 CentralArizona
Nov 9, 2016 Listed $425,000 ArizonaRegionalMLS
Nov 8, 2016 Listed $425,000 CentralArizona
Aug 29, 2013 Sold $325,000 Public Record
Jul 1, 2013 Listing removed $359,900 CentralArizona
Mar 5, 2013 Relisted $359,900 CentralArizona
Feb 20, 2013 Listing removed $359,900 CentralArizona
Jan 2, 2013 Listed $359,900 CentralArizona
May 4, 2012 Listing removed $379,900 CentralArizona
Jul 1, 2011 Listed $379,900 CentralArizona
May 22, 2011 Listing removed $389,900 CentralArizona
May 18, 2011 Price changed $389,900 CentralArizona
Apr 18, 2011 Price changed $399,900 CentralArizona
Jun 7, 2010 Price changed $429,900 CentralArizona
Nov 9, 2009 Price changed $434,900 CentralArizona
Nov 2, 2009 Price changed $449,900 CentralArizona
Nov 1, 2009 Listing removed $449,000 ArizonaRegionalMLS
Aug 27, 2009 Listed $449,000 ArizonaRegionalMLS
Jun 9, 2009 Price changed $469,900 CentralArizona
May 1, 2009 Listing removed $469,900 ArizonaRegionalMLS
Apr 4, 2009 Relisted $569,900 CentralArizona
Feb 21, 2009 Listing removed $569,900 CentralArizona
Sep 16, 2008 Listed $569,900 ArizonaRegionalMLS
Aug 1, 2008 Sold $120,000 CentralArizona

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $54,454 $7,956 $62,410 $4,415
2023 $48,633 $5,670 $54,303 $4,079
2022 $40,003 $4,708 $44,711 $4,535
2021 $40,003 $4,708 $44,711 $4,257
2020 $40,003 $4,708 $44,711 $3,533
2018 $37,242 $4,956 $42,198 $3,202
2017 $36,402 $3,181 $39,584 $2,980
2016 $33,919 $2,364 $36,283 $2,892
2015 $32,372 $2,659 $35,031 $2,719
2014 $24,264 $2,955 $27,219 $2,672
2013 $21,015 $2,955 $23,970 $2,630
2012 $12,523 $2,955 $15,478 $2,659
2011 $13,357 $3,693 $17,050 $1,942
2009 $16,966 $16,000 $32,966 $2,369
2008 $25,600 $25,600 $124

Property facts

Year built
2008
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,758 sqft
Lot size
10,890 sqft
ZIP code
85541
City
Payson
Street
Falcon Lookout Ln
Coordinates
34.25341, -111.34240

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
$4,275
Gross rental yield
6.93%
Implied cap rate
4.51%
Trend-extrapolated value

Frequently asked questions

When did 1008 Falcon Lookout Ln last sell?
1008 Falcon Lookout Ln most recently sold on May 1, 2023 for $740,000.
What is the current tax assessment for 1008 Falcon Lookout Ln?
The most recent total assessment for 1008 Falcon Lookout Ln (year 2025) is $62,410 with $4,415 in property tax.
How does 1008 Falcon Lookout Ln's assessment compare to its last sale price?
The current assessment is 91.6% below the last sale price of $740,000.
When was 1008 Falcon Lookout Ln built?
1008 Falcon Lookout Ln was built in 2008.
How does 1008 Falcon Lookout Ln compare to others on Falcon Lookout Ln?
We track 8 other properties on Falcon Lookout Ln. Browse the list under "Other properties on Falcon Lookout Ln" to compare beds, baths, and sale history.
What are the property facts for 1008 Falcon Lookout Ln?
1008 Falcon Lookout Ln is a 4 bed, 3 bath, 2,758 sqft, 10,890 sqft lot single_family.
Is 1008 Falcon Lookout Ln a flip candidate?
No — 1008 Falcon Lookout Ln does not appear in our flips dataset.
Is 1008 Falcon Lookout Ln a tax-appeal candidate?
No — 1008 Falcon Lookout Ln 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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