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2003 Rainbow Trl

Payson, AZ 85541

3 bd 2 ba 1,467 sqft Built 2022 Lot 5,227 sqft single_family
Most recent sale
$700,000
Dec 3, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 20, 2022 Sold $498,000 CentralArizona
Feb 14, 2022 Price changed $498,000 MLS #85579
Feb 11, 2022 Price changed $485,000 MLS #85579
Dec 3, 2021 Sold $700,000 Public Record
Sep 23, 2021 Listed $461,675 MLS #85579

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $30,582 $6,603 $37,185 $2,701
2023 $7,279 $7,279 $492
2022 $5,438 $5,438 $477
2021 $5,438 $5,438 $448
2020 $5,438 $5,438 $430

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,467 sqft
Lot size
5,227 sqft
ZIP code
85541
City
Payson
Street
Rainbow Trl
Coordinates
34.24293, -111.29231

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
$2,274
Gross rental yield
3.90%
Implied cap rate
2.53%
Trend-extrapolated value

Frequently asked questions

When did 2003 Rainbow Trl last sell?
2003 Rainbow Trl most recently sold on Dec 3, 2021 for $700,000.
What is the current tax assessment for 2003 Rainbow Trl?
The most recent total assessment for 2003 Rainbow Trl (year 2025) is $37,185 with $2,701 in property tax.
How does 2003 Rainbow Trl's assessment compare to its last sale price?
The current assessment is 94.7% below the last sale price of $700,000.
When was 2003 Rainbow Trl built?
2003 Rainbow Trl was built in 2022.
How does 2003 Rainbow Trl compare to others on Rainbow Trl?
We track 8 other properties on Rainbow Trl. Browse the list under "Other properties on Rainbow Trl" to compare beds, baths, and sale history.
What are the property facts for 2003 Rainbow Trl?
2003 Rainbow Trl is a 3 bed, 2 bath, 1,467 sqft, 5,227 sqft lot single_family.
Is 2003 Rainbow Trl a flip candidate?
No — 2003 Rainbow Trl does not appear in our flips dataset.
Is 2003 Rainbow Trl a tax-appeal candidate?
No — 2003 Rainbow Trl 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
+1.8%
Implied 1-yr
+7.1%
2026 Q3
$507K
2026 Q4
$515.1K
ZIP 85541 — Median Price History + Forecast

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