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228 Thompson Rd

Payson, AZ 85541

2 bd 1 ba 1,064 sqft Built 2012 Lot 11,761 sqft single_family
Most recent sale
$173,000
Mar 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 23, 2022 Sold $285,000 ArizonaRegionalMLS
Jul 22, 2022 Listed $320,000 MLS #87194
Jul 22, 2022 Price changed $320,000 MLS #6405121
Jun 6, 2022 Price changed $349,900 MLS #6405121
Jun 2, 2022 Listed $375,000 MLS #6405121
Mar 17, 2021 Sold $173,000 MLS #84081
Feb 7, 2021 Listed $175,000 MLS #6191127
Sep 27, 2007 Sold $140,245 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $35,387 $2,514 $37,901 $1,936
2023 $16,275 $1,893 $18,168 $1,776
2022 $13,964 $1,893 $15,857 $1,442
2021 $13,964 $1,893 $15,857 $1,396
2020 $13,964 $1,893 $15,857 $1,498
2019 $13,013 $2,104 $15,116 $1,453
2018 $10,749 $2,050 $12,799 $1,398
2017 $8,262 $2,050 $10,312 $1,178
2016 $9,189 $2,356 $11,545 $1,148
2015 $5,069 $2,138 $7,207 $1,043
2014 $5,234 $2,138 $7,372 $1,121
2013 $5,256 $2,138 $7,394 $1,145
2012 $5,577 $2,851 $8,428 $1,165
2011 $6,633 $2,851 $9,484 $1,186
2010 $10,535 $2,851 $13,386 $1,439
2009 $10,535 $2,851 $13,386 $1,436
2008 $10,535 $2,851 $13,386 $1,553
2007 $10,092 $2,851 $12,943 $1,472

Property facts

Year built
2012
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,064 sqft
Lot size
11,761 sqft
ZIP code
85541
City
Payson
Street
Thompson Rd
Coordinates
34.31803, -111.13746

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,649
Gross rental yield
11.44%
Implied cap rate
7.43%
Trend-extrapolated value

Frequently asked questions

When did 228 Thompson Rd last sell?
228 Thompson Rd most recently sold on Mar 17, 2021 for $173,000.
What is the current tax assessment for 228 Thompson Rd?
The most recent total assessment for 228 Thompson Rd (year 2025) is $37,901 with $1,936 in property tax.
How does 228 Thompson Rd's assessment compare to its last sale price?
The current assessment is 78.1% below the last sale price of $173,000.
When was 228 Thompson Rd built?
228 Thompson Rd was built in 2012.
How does 228 Thompson Rd compare to others on Thompson Rd?
We track 8 other properties on Thompson Rd. Browse the list under "Other properties on Thompson Rd" to compare beds, baths, and sale history.
What are the property facts for 228 Thompson Rd?
228 Thompson Rd is a 2 bed, 1 bath, 1,064 sqft, 11,761 sqft lot single_family.
Is 228 Thompson Rd a flip candidate?
Yes — 228 Thompson Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 228 Thompson Rd a tax-appeal candidate?
No — 228 Thompson Rd 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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