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406 Summit St

Payson, AZ 85541

2 bd 2 ba 1,508 sqft Built 2010 Lot 11,326 sqft single_family
Most recent sale
$435,000
Mar 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 14, 2022 Sold $435,000 MLS #86039
Jan 20, 2022 Listed $439,000 MLS #86039
Aug 6, 2008 Sold $88,000 Public Record
May 3, 2007 Sold $80,000 Public Record
Nov 30, 2000 Sold $34,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $32,637 $5,446 $38,083 $2,527
2023 $28,521 $3,585 $32,106 $2,357
2022 $18,438 $3,585 $22,023 $2,284
2021 $18,438 $3,585 $22,023 $1,861
2020 $18,438 $3,585 $22,022 $1,780
2019 $16,336 $3,585 $19,921 $1,725
2018 $15,500 $1,861 $17,360 $1,614
2017 $12,972 $1,861 $14,833 $1,502
2016 $12,257 $2,067 $14,324 $1,457
2015 $12,741 $1,615 $14,356 $1,370
2014 $10,531 $1,545 $12,076 $1,347
2013 $9,325 $1,545 $10,870 $1,200
2012 $7,813 $1,545 $9,358 $1,354
2011 $2,472 $2,472 $1,484
2010 $2,472 $2,472 $243
2009 $2,472 $2,472 $232
2008 $2,472 $2,472 $254
2007 $2,472 $2,472 $268

Property facts

Year built
2010
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,508 sqft
Lot size
11,326 sqft
ZIP code
85541
City
Payson
Street
Summit St
Coordinates
34.23481, -111.32918

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
$2,337
Gross rental yield
6.45%
Implied cap rate
4.19%
Trend-extrapolated value

Frequently asked questions

When did 406 Summit St last sell?
406 Summit St most recently sold on Mar 14, 2022 for $435,000.
What is the current tax assessment for 406 Summit St?
The most recent total assessment for 406 Summit St (year 2025) is $38,083 with $2,527 in property tax.
How does 406 Summit St's assessment compare to its last sale price?
The current assessment is 91.2% below the last sale price of $435,000.
When was 406 Summit St built?
406 Summit St was built in 2010.
How does 406 Summit St compare to others on Summit St?
We track 8 other properties on Summit St. Browse the list under "Other properties on Summit St" to compare beds, baths, and sale history.
What are the property facts for 406 Summit St?
406 Summit St is a 2 bed, 2 bath, 1,508 sqft, 11,326 sqft lot single_family.
Is 406 Summit St a flip candidate?
No — 406 Summit St does not appear in our flips dataset.
Is 406 Summit St a tax-appeal candidate?
No — 406 Summit St 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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