151 Majestic Elk Ln
Payson, AZ 85541
3 bd 2 ba 3,000 sqft Built 1999 Lot 53,579 sqft single_family
Most recent sale
$1,000,000
May 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 26, 2022 | Sold | $1,000,000 | MLS #86290 |
| Mar 11, 2022 | Listed | $1,125,000 | MLS #86290 |
| Jun 2, 1992 | Sold | $20,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $77,013 | $7,419 | $84,432 | $7,975 |
| 2023 | $46,147 | $5,894 | $52,041 | $7,272 |
| 2022 | $45,811 | $4,701 | $50,512 | $7,102 |
| 2021 | $45,811 | $4,701 | $50,512 | $6,905 |
| 2020 | $45,811 | $4,701 | $50,512 | $6,737 |
| 2019 | $44,562 | $4,477 | $49,039 | $6,461 |
| 2018 | $44,562 | $4,477 | $49,039 | $6,199 |
| 2017 | $34,643 | $8,006 | $42,649 | $5,892 |
| 2016 | $31,594 | $8,161 | $39,755 | $6,094 |
| 2015 | $31,107 | $9,381 | $40,488 | $5,533 |
| 2014 | $31,143 | $7,107 | $38,250 | $5,815 |
| 2013 | $31,143 | $7,107 | $38,250 | $5,642 |
| 2012 | $29,338 | $7,107 | $36,445 | $5,036 |
| 2011 | $29,338 | $7,107 | $36,445 | $5,393 |
| 2010 | $38,776 | $7,107 | $45,883 | $4,342 |
| 2009 | $38,776 | $7,107 | $45,883 | $3,795 |
| 2008 | $38,776 | $7,107 | $45,883 | $3,622 |
| 2007 | $33,198 | $7,107 | $40,305 | $2,989 |
Property facts
Year built
1999
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
3,000 sqft
Lot size
53,579 sqft
ZIP code
85541
City
Payson
Street
Majestic Elk Ln
Coordinates
34.35963, -111.18451
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,650
Gross rental yield
5.58%
Implied cap rate
3.63%
Trend-extrapolated value
—
Frequently asked questions
When did 151 Majestic Elk Ln last sell?
151 Majestic Elk Ln most recently sold on May 26, 2022 for $1,000,000.
What is the current tax assessment for 151 Majestic Elk Ln?
The most recent total assessment for 151 Majestic Elk Ln (year 2025) is $84,432 with $7,975 in property tax.
How does 151 Majestic Elk Ln's assessment compare to its last sale price?
The current assessment is 91.6% below the last sale price of $1,000,000.
When was 151 Majestic Elk Ln built?
151 Majestic Elk Ln was built in 1999.
How does 151 Majestic Elk Ln compare to others on Majestic Elk Ln?
We track 2 other properties on Majestic Elk Ln. Browse the list under "Other properties on Majestic Elk Ln" to compare beds, baths, and sale history.
What are the property facts for 151 Majestic Elk Ln?
151 Majestic Elk Ln is a 3 bed, 2 bath, 3,000 sqft, 53,579 sqft lot single_family.
Is 151 Majestic Elk Ln a flip candidate?
No — 151 Majestic Elk Ln does not appear in our flips dataset.
Is 151 Majestic Elk Ln a tax-appeal candidate?
No — 151 Majestic Elk Ln 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 Majestic Elk Ln