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501 Timber Dr

Payson, AZ 85541

3 bd 2 ba 1,568 sqft Built 1976 Lot 6,970 sqft single_family
Most recent sale
$370,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2024 Sold $160,000 WhiteMountains
Nov 1, 2022 Sold $379,000 CentralArizona
Sep 30, 2022 Sold $370,000 Public Record
Jul 30, 2022 Listed $379,000 MLS #87253
Jan 18, 2022 Sold $206,000 Public Record
Oct 18, 2021 Relisted $160,000 MLS #238027
Oct 13, 2021 Listed $160,000 MLS #238027
Sep 1, 2010 Sold $131,800 CentralArizona
Aug 31, 2010 Sold $131,800 Public Record
Jul 15, 2010 Relisted $150,000 MLS #61253
Jul 13, 2010 Listing removed $150,000 CentralArizona
Jun 5, 2010 Listed $150,000 MLS #61253
Sep 29, 1993 Sold $88,000 Public Record
Aug 1, 1987 Sold $83,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $25,239 $5,715 $30,954 $2,013
2023 $22,269 $3,807 $26,076 $1,878
2022 $13,151 $3,807 $16,958 $1,820
2021 $13,151 $3,807 $16,958 $1,483
2020 $13,151 $3,807 $16,958 $1,418
2019 $11,745 $3,807 $15,551 $1,374
2018 $12,522 $2,688 $15,210 $1,286
2017 $10,108 $3,682 $13,790 $1,196
2016 $9,513 $3,682 $13,196 $1,161
2015 $8,330 $3,342 $11,672 $1,092
2014 $6,281 $3,342 $9,623 $1,073
2013 $7,011 $3,342 $10,353 $1,143
2012 $8,724 $3,342 $12,066 $1,236
2011 $10,628 $3,342 $13,970 $1,421
2010 $14,968 $3,342 $18,310 $1,484
2009 $14,968 $3,342 $18,310 $1,328
2008 $16,095 $3,342 $19,437 $1,345
2007 $7,378 $3,342 $10,720 $1,206

Property facts

Year built
1976
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,568 sqft
Lot size
6,970 sqft
ZIP code
85541
City
Payson
Street
Timber Dr
Coordinates
34.24820, -111.31597

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
$2,430
Gross rental yield
7.88%
Implied cap rate
5.12%
Trend-extrapolated value

Frequently asked questions

When did 501 Timber Dr last sell?
501 Timber Dr most recently sold on Sep 30, 2022 for $370,000.
What is the current tax assessment for 501 Timber Dr?
The most recent total assessment for 501 Timber Dr (year 2025) is $30,954 with $2,013 in property tax.
How does 501 Timber Dr's assessment compare to its last sale price?
The current assessment is 91.6% below the last sale price of $370,000.
When was 501 Timber Dr built?
501 Timber Dr was built in 1976.
How does 501 Timber Dr compare to others on Timber Dr?
We track 8 other properties on Timber Dr. Browse the list under "Other properties on Timber Dr" to compare beds, baths, and sale history.
What are the property facts for 501 Timber Dr?
501 Timber Dr is a 3 bed, 2 bath, 1,568 sqft, 6,970 sqft lot single_family.
Is 501 Timber Dr a flip candidate?
Yes — 501 Timber Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 501 Timber Dr a tax-appeal candidate?
No — 501 Timber 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
+1.8%
Implied 1-yr
+7.1%
2026 Q3
$507K
2026 Q4
$515.1K
ZIP 85541 — Median Price History + Forecast

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