116 Parkwood Ln
Payson, AZ 85541
4 bd 3 ba 2,450 sqft Built 1982 Lot 9,148 sqft single_family
Most recent sale
$675,000
Jul 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 18, 2022 | Sold | $675,000 | MLS #86596 |
| May 4, 2022 | Listed | $679,500 | MLS #6393889 |
| Apr 29, 2022 | Listed | $679,500 | MLS #86596 |
| Jul 24, 2020 | Sold | $350,000 | Public Record |
| Jan 4, 2018 | Sold | $286,000 | CentralArizona |
| Jan 1, 2018 | Sold | $286,000 | MLS #5639075 |
| Nov 13, 2017 | Relisted | $299,900 | MLS #76522 |
| Nov 12, 2017 | Relisted | $299,900 | MLS #5639075 |
| Sep 1, 2017 | Listing removed | $299,900 | ArizonaRegionalMLS |
| Jul 28, 2017 | Listed | $299,900 | MLS #5639075 |
| Jul 27, 2017 | Listed | $299,900 | MLS #76522 |
| Feb 25, 2014 | Sold | $224,000 | Public Record |
| Dec 30, 2013 | Listed | $229,000 | MLS #68449 |
| Nov 7, 2013 | Listing removed | $229,000 | CentralArizona |
| Jun 21, 2013 | Listing removed | $229,000 | ArizonaRegionalMLS |
| Jun 14, 2013 | Listed | $229,000 | MLS #4952588 |
| Jun 9, 2013 | Listed | $229,000 | MLS #67385 |
| Aug 16, 2009 | Listing removed | $310,000 | CentralArizona |
| Jul 26, 2009 | Price changed | $310,000 | MLS #57502 |
| Jul 14, 2009 | Listing removed | $329,000 | ArizonaRegionalMLS |
| Jun 26, 2009 | Relisted | $329,000 | MLS #4116255 |
| May 13, 2009 | Listing removed | $329,000 | ArizonaRegionalMLS |
| Apr 4, 2009 | Relisted | $329,000 | MLS #57502 |
| Feb 21, 2009 | Listing removed | $329,000 | CentralArizona |
| Feb 4, 2009 | Listed | $310,000 | MLS #4116255 |
| Jan 16, 2009 | Listed | $329,000 | MLS #57502 |
| Mar 18, 2002 | Sold | $180,000 | Public Record |
| Dec 30, 1998 | Sold | $200,000 | Public Record |
| Jun 11, 1998 | Sold | $200,000 | Public Record |
| Jan 18, 1996 | Sold | $178,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $27,043 | $7,611 | $34,654 | $2,420 |
| 2023 | $18,809 | $5,464 | $24,273 | $2,247 |
| 2022 | $18,809 | $4,371 | $23,180 | $2,173 |
| 2021 | $18,809 | $4,371 | $23,180 | $2,043 |
| 2020 | $18,809 | $4,371 | $23,180 | $1,955 |
| 2019 | $17,477 | $4,601 | $22,078 | $1,894 |
| 2018 | $17,296 | $6,018 | $23,314 | $1,772 |
| 2017 | $16,001 | $4,471 | $20,472 | $1,648 |
| 2016 | $15,103 | $5,030 | $20,133 | $1,600 |
| 2015 | $9,517 | $5,589 | $15,106 | $1,504 |
| 2014 | $7,847 | $5,589 | $13,436 | $1,483 |
| 2013 | $8,425 | $5,589 | $14,014 | $1,790 |
| 2012 | $8,980 | $7,452 | $16,432 | $1,893 |
| 2011 | $10,144 | $7,452 | $17,596 | $1,794 |
| 2010 | $12,076 | $7,452 | $19,528 | $1,713 |
| 2009 | $12,076 | $7,452 | $19,528 | $1,761 |
| 2008 | $14,909 | $7,452 | $22,361 | $1,806 |
| 2007 | $17,802 | $5,207 | $23,009 | $1,668 |
Property facts
Year built
1982
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,450 sqft
Lot size
9,148 sqft
ZIP code
85541
City
Payson
Street
Parkwood Ln
Coordinates
34.24180, -111.33174
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,798
Gross rental yield
6.75%
Implied cap rate
4.39%
Trend-extrapolated value
—
Frequently asked questions
When did 116 Parkwood Ln last sell?
116 Parkwood Ln most recently sold on Jul 18, 2022 for $675,000.
What is the current tax assessment for 116 Parkwood Ln?
The most recent total assessment for 116 Parkwood Ln (year 2025) is $34,654 with $2,420 in property tax.
How does 116 Parkwood Ln's assessment compare to its last sale price?
The current assessment is 94.9% below the last sale price of $675,000.
When was 116 Parkwood Ln built?
116 Parkwood Ln was built in 1982.
How does 116 Parkwood Ln compare to others on Parkwood Ln?
We track 8 other properties on Parkwood Ln. Browse the list under "Other properties on Parkwood Ln" to compare beds, baths, and sale history.
What are the property facts for 116 Parkwood Ln?
116 Parkwood Ln is a 4 bed, 3 bath, 2,450 sqft, 9,148 sqft lot single_family.
Is 116 Parkwood Ln a flip candidate?
Yes — 116 Parkwood Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 116 Parkwood Ln a tax-appeal candidate?
No — 116 Parkwood 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 Parkwood Ln