406 Lees Way
Payson, AZ 85541
4 bd 3 ba 2,240 sqft Built 1999 Lot 43,124 sqft mobile
Most recent sale
$350,000
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2022 | Sold | $350,000 | Public Record |
| Sep 9, 2022 | Sold | $350,000 | MLS #6403262 |
| Jul 19, 2022 | Price changed | $399,000 | MLS #86862 |
| Jul 12, 2022 | Price changed | $425,000 | MLS #86862 |
| Jul 10, 2022 | Price changed | $425,000 | MLS #6403262 |
| Jun 21, 2022 | Price changed | $450,000 | MLS #6403262 |
| Jun 20, 2022 | Price changed | $450,000 | MLS #86862 |
| Jun 2, 2022 | Listed | $475,000 | MLS #86862 |
| May 21, 2022 | Listed | $475,000 | MLS #6403262 |
| Aug 31, 2017 | Sold | $195,000 | Public Record |
| Jul 14, 2017 | Listed | $200,000 | MLS #5633573 |
| Jul 13, 2017 | Listed | $200,000 | MLS #76449 |
| Sep 18, 2009 | Listing removed | $199,000 | CentralArizona |
| Jul 14, 2009 | Listed | $199,000 | MLS #59040 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $10,722 | $7,952 | $18,674 | $1,535 |
| 2023 | $7,504 | $8,775 | $16,279 | $1,354 |
| 2022 | $4,420 | $8,775 | $13,195 | $1,307 |
| 2021 | $4,420 | $8,775 | $13,195 | $1,289 |
| 2020 | $4,420 | $8,775 | $13,195 | $1,257 |
| 2019 | $4,265 | $8,775 | $13,040 | $1,202 |
| 2018 | $4,343 | $5,188 | $9,530 | $1,151 |
| 2017 | $4,026 | $5,188 | $9,214 | $1,283 |
| 2016 | $4,036 | $5,188 | $9,223 | $1,311 |
| 2015 | $4,038 | $4,707 | $8,745 | $1,186 |
| 2014 | $4,143 | $4,707 | $8,850 | $1,266 |
| 2013 | $4,784 | $4,707 | $9,491 | $1,257 |
| 2012 | $4,837 | $4,707 | $9,544 | $1,211 |
| 2011 | $5,330 | $4,707 | $10,037 | $1,138 |
| 2010 | $5,330 | $4,707 | $10,037 | $927 |
| 2009 | $5,330 | $4,707 | $10,037 | $823 |
| 2008 | $5,330 | $4,707 | $10,037 | $840 |
| 2007 | $5,024 | $4,707 | $9,731 | $681 |
Property facts
Year built
1999
Property type
mobile
Stories
1
Beds
4
Baths
3
Living area
2,240 sqft
Lot size
43,124 sqft
ZIP code
85541
City
Payson
Street
Lees Way
Coordinates
34.18370, -111.34907
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,472
Gross rental yield
11.90%
Implied cap rate
7.74%
Trend-extrapolated value
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Frequently asked questions
When did 406 Lees Way last sell?
406 Lees Way most recently sold on Sep 30, 2022 for $350,000.
What is the current tax assessment for 406 Lees Way?
The most recent total assessment for 406 Lees Way (year 2025) is $18,674 with $1,535 in property tax.
How does 406 Lees Way's assessment compare to its last sale price?
The current assessment is 94.7% below the last sale price of $350,000.
When was 406 Lees Way built?
406 Lees Way was built in 1999.
How does 406 Lees Way compare to others on Lees Way?
We track 7 other properties on Lees Way. Browse the list under "Other properties on Lees Way" to compare beds, baths, and sale history.
What are the property facts for 406 Lees Way?
406 Lees Way is a 4 bed, 3 bath, 2,240 sqft, 43,124 sqft lot mobile.
Is 406 Lees Way a flip candidate?
No — 406 Lees Way does not appear in our flips dataset.
Is 406 Lees Way a tax-appeal candidate?
No — 406 Lees Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.3%
Implied 1-yr
+9.3%
2026 Q3
$495.9K
2026 Q4
$505.9K
ZIP 85541 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lees Way