1501 Underwood Ln
Payson, AZ 85541
6 bd 5 ba 4,327 sqft Built 2004 Lot 90,605 sqft single_family
Most recent sale
$1,700,000
Oct 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 28, 2022 | Sold | $1,700,000 | MLS #6441267 |
| Jul 29, 2022 | Listed | $1,750,000 | MLS #87241 |
| Jul 28, 2022 | Listed | $1,750,000 | MLS #6441267 |
| Feb 22, 2022 | Listed | $1,895,000 | MLS #86208 |
| Feb 27, 2018 | Sold | $820,000 | MLS #75990 |
| Jul 7, 2017 | Price changed | $895,000 | MLS #75990 |
| Jun 1, 2017 | Price changed | $925,000 | MLS #5608679 |
| May 31, 2017 | Price changed | $925,000 | MLS #75990 |
| May 20, 2017 | Listed | $945,000 | MLS #5608679 |
| May 17, 2017 | Listed | $945,000 | MLS #75990 |
| May 15, 2000 | Sold | $150,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $93,877 | $15,569 | $109,446 | $6,985 |
| 2023 | $88,456 | $8,350 | $96,806 | $6,475 |
| 2022 | $51,775 | $8,350 | $60,125 | $6,258 |
| 2021 | $51,775 | $8,350 | $60,125 | $5,838 |
| 2020 | $51,775 | $8,350 | $60,126 | $5,585 |
| 2019 | $47,409 | $8,790 | $56,199 | $5,405 |
| 2018 | $47,409 | $8,790 | $56,199 | $6,091 |
| 2017 | $48,618 | $12,604 | $61,221 | $5,078 |
| 2016 | $47,971 | $9,748 | $57,719 | $4,960 |
| 2015 | $45,214 | $8,862 | $54,075 | $4,520 |
| 2014 | $33,119 | $8,041 | $41,160 | $4,517 |
| 2013 | $33,119 | $8,041 | $41,160 | $3,936 |
| 2012 | $26,614 | $8,910 | $35,524 | $3,741 |
| 2011 | $26,614 | $9,900 | $36,514 | $4,407 |
| 2010 | $55,147 | $21,265 | $76,412 | $6,250 |
| 2009 | $55,147 | $21,265 | $76,412 | $5,697 |
| 2008 | $65,651 | $21,265 | $86,916 | $5,438 |
| 2007 | $54,020 | $21,265 | $75,285 | $4,674 |
Property facts
Year built
2004
Property type
single_family
Stories
2
Beds
6
Baths
5
Living area
4,327 sqft
Lot size
90,605 sqft
ZIP code
85541
City
Payson
Street
Underwood Ln
Coordinates
34.26578, -111.30020
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,707
Gross rental yield
4.73%
Implied cap rate
3.08%
Trend-extrapolated value
—
Frequently asked questions
When did 1501 Underwood Ln last sell?
1501 Underwood Ln most recently sold on Oct 28, 2022 for $1,700,000.
What is the current tax assessment for 1501 Underwood Ln?
The most recent total assessment for 1501 Underwood Ln (year 2025) is $109,446 with $6,985 in property tax.
How does 1501 Underwood Ln's assessment compare to its last sale price?
The current assessment is 93.6% below the last sale price of $1,700,000.
When was 1501 Underwood Ln built?
1501 Underwood Ln was built in 2004.
How does 1501 Underwood Ln compare to others on Underwood Ln?
We track 8 other properties on Underwood Ln. Browse the list under "Other properties on Underwood Ln" to compare beds, baths, and sale history.
What are the property facts for 1501 Underwood Ln?
1501 Underwood Ln is a 6 bed, 5 bath, 4,327 sqft, 90,605 sqft lot single_family.
Is 1501 Underwood Ln a flip candidate?
No — 1501 Underwood Ln does not appear in our flips dataset.
Is 1501 Underwood Ln a tax-appeal candidate?
No — 1501 Underwood Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.3%
Implied 1-yr
+9.3%
2026 Q3
$495.9K
2026 Q4
$505.9K
ZIP 85541 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Underwood Ln