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723 Sherwood Dr

Payson, AZ 85541

3 bd 2 ba 1,800 sqft Built 1991 Lot 6,534 sqft single_family
Most recent sale
$480,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Sold $480,000 MLS #86378
Mar 26, 2022 Listed $455,000 MLS #86378
Jun 30, 2014 Sold $228,000 Public Record
Apr 8, 2014 Listed $239,000 MLS #69170
Apr 30, 2013 Sold $206,000 Public Record
Mar 13, 2013 Listing removed $229,900 ArizonaRegionalMLS
Feb 4, 2013 Listed $229,900 MLS #66373
Dec 2, 2012 Listing removed $235,000 CentralArizona
Aug 1, 2012 Listing removed $235,000 ArizonaRegionalMLS
Jul 23, 2012 Price changed $235,000 MLS #64919
Jul 22, 2012 Price changed $235,000 MLS #4738222
Jul 1, 2012 Price changed $239,000 MLS #64919
Jun 30, 2012 Price changed $239,000 MLS #4738222
Jun 13, 2012 Price changed $245,000 MLS #64919
Jun 7, 2012 Price changed $245,000 MLS #4738222
May 2, 2012 Listed $248,000 MLS #64919
Apr 2, 2012 Listed $248,000 MLS #4738222
Dec 13, 2010 Listing removed $234,000 CentralArizona
Sep 15, 2010 Listed $234,000 MLS #61927
Nov 17, 2003 Sold $169,900 Public Record
Jul 7, 1988 Sold $23,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $27,337 $6,988 $34,325 $2,319
2023 $24,468 $5,088 $29,556 $2,153
2022 $16,893 $3,787 $20,680 $2,081
2021 $16,893 $3,787 $20,680 $1,958
2020 $16,893 $3,787 $20,680 $1,872
2019 $15,552 $3,987 $19,538 $1,814
2018 $15,552 $3,987 $19,538 $1,697
2017 $15,186 $2,455 $17,641 $1,579
2016 $14,204 $1,824 $16,028 $1,532
2015 $13,574 $2,052 $15,626 $1,441
2014 $11,197 $2,141 $13,338 $1,593
2013 $12,292 $2,141 $14,433 $1,843
2012 $12,292 $2,141 $14,433 $1,661
2011 $12,292 $2,141 $14,433 $1,751
2010 $19,096 $2,855 $21,951 $1,925
2009 $19,096 $2,855 $21,951 $1,799
2008 $20,756 $2,855 $23,611 $1,804
2007 $19,295 $2,855 $22,150 $1,690

Property facts

Year built
1991
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,800 sqft
Lot size
6,534 sqft
ZIP code
85541
City
Payson
Street
Sherwood Dr
Coordinates
34.25103, -111.33294

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
$2,790
Gross rental yield
6.98%
Implied cap rate
4.53%
Trend-extrapolated value

Frequently asked questions

When did 723 Sherwood Dr last sell?
723 Sherwood Dr most recently sold on May 10, 2022 for $480,000.
What is the current tax assessment for 723 Sherwood Dr?
The most recent total assessment for 723 Sherwood Dr (year 2025) is $34,325 with $2,319 in property tax.
How does 723 Sherwood Dr's assessment compare to its last sale price?
The current assessment is 92.8% below the last sale price of $480,000.
When was 723 Sherwood Dr built?
723 Sherwood Dr was built in 1991.
How does 723 Sherwood Dr compare to others on Sherwood Dr?
We track 8 other properties on Sherwood Dr. Browse the list under "Other properties on Sherwood Dr" to compare beds, baths, and sale history.
What are the property facts for 723 Sherwood Dr?
723 Sherwood Dr is a 3 bed, 2 bath, 1,800 sqft, 6,534 sqft lot single_family.
Is 723 Sherwood Dr a flip candidate?
No — 723 Sherwood Dr does not appear in our flips dataset.
Is 723 Sherwood Dr a tax-appeal candidate?
No — 723 Sherwood 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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