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588 Friendly Elk Dr

Payson, AZ 85541

2 bd 1 ba 896 sqft Built 1978 Lot 10,454 sqft single_family
Most recent sale
$365,000
Jul 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 27, 2022 Sold $365,000 MLS #86869
Jun 2, 2022 Listed $359,000 MLS #6410404
Oct 20, 2020 Sold $223,500 MLS #83381
Jul 31, 2015 Sold $143,500 Public Record
Apr 3, 2015 Listed $157,000 MLS #71266
Dec 13, 2013 Sold $122,000 Public Record
Oct 21, 2013 Listing removed $129,000 ArizonaRegionalMLS
Aug 28, 2013 Price changed $129,000 MLS #67798
Aug 2, 2013 Listed $135,000 MLS #67798
Dec 1, 2010 Listing removed $220,000 CentralArizona
Nov 14, 2010 Price changed $220,000 MLS #60227
Feb 4, 2010 Listed $235,000 MLS #60227
Nov 18, 1996 Sold $50,000 Public Record
Aug 8, 1985 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $19,816 $7,855 $27,671 $1,551
2023 $5,906 $8,099 $14,005 $1,427
2022 $1,796 $8,099 $9,895 $1,365
2021 $1,796 $8,099 $9,895 $1,305
2020 $1,796 $8,099 $9,895 $1,274
2019 $1,619 $8,099 $9,717 $610
2018 $2,450 $1,851 $4,301 $511
2017 $2,180 $1,627 $3,807 $487
2016 $2,178 $1,627 $3,805 $494
2015 $4,216 $1,476 $5,692 $810
2014 $4,272 $1,476 $5,748 $856
2013 $3,440 $1,476 $4,916 $720
2012 $3,440 $1,476 $4,916 $651
2011 $3,346 $1,968 $5,314 $625
2010 $4,131 $1,968 $6,099 $612
2009 $4,131 $1,968 $6,099 $584
2008 $4,131 $1,968 $6,099 $599
2007 $4,014 $1,968 $5,982 $568

Property facts

Year built
1978
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
896 sqft
Lot size
10,454 sqft
ZIP code
85541
City
Payson
Street
Friendly Elk Dr
Coordinates
34.31212, -111.01867

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,389
Gross rental yield
4.57%
Implied cap rate
2.97%
Trend-extrapolated value

Frequently asked questions

When did 588 Friendly Elk Dr last sell?
588 Friendly Elk Dr most recently sold on Jul 27, 2022 for $365,000.
What is the current tax assessment for 588 Friendly Elk Dr?
The most recent total assessment for 588 Friendly Elk Dr (year 2025) is $27,671 with $1,551 in property tax.
How does 588 Friendly Elk Dr's assessment compare to its last sale price?
The current assessment is 92.4% below the last sale price of $365,000.
When was 588 Friendly Elk Dr built?
588 Friendly Elk Dr was built in 1978.
How does 588 Friendly Elk Dr compare to others on Friendly Elk Dr?
We track 1 other property on Friendly Elk Dr. Browse the list under "Other properties on Friendly Elk Dr" to compare beds, baths, and sale history.
What are the property facts for 588 Friendly Elk Dr?
588 Friendly Elk Dr is a 2 bed, 1 bath, 896 sqft, 10,454 sqft lot single_family.
Is 588 Friendly Elk Dr a flip candidate?
Yes — 588 Friendly Elk Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 588 Friendly Elk Dr a tax-appeal candidate?
No — 588 Friendly Elk Dr 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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