1601 Velvet Mesquite Ct
Payson, AZ 85541
3 bd 3 ba 1,745 sqft Built 2007 Lot 6,098 sqft single_family
Most recent sale
$625,000
Jan 24, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 22, 2025 | Sold | $644,000 | ArizonaRegionalMLS |
| Oct 24, 2025 | Price changed | $665,000 | CentralArizona |
| Oct 1, 2025 | Listed | $675,000 | CentralArizona |
| Jan 24, 2023 | Sold | $625,000 | CentralArizona |
| Oct 31, 2022 | Price changed | $659,000 | CentralArizona |
| Oct 5, 2022 | Listed | $679,000 | CentralArizona |
| Nov 19, 2020 | Sold | $499,000 | CentralArizona |
| Aug 6, 2008 | Sold | $290,438 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $47,044 | $2,744 | $49,788 | $2,434 |
| 2023 | $36,705 | $1,066 | $37,771 | $2,260 |
| 2022 | $26,226 | $1,066 | $27,292 | $2,522 |
| 2021 | $26,226 | $1,066 | $27,292 | $2,368 |
| 2020 | $26,226 | $1,066 | $27,291 | $1,965 |
| 2018 | $23,202 | $1,066 | $24,268 | $1,781 |
| 2017 | $25,143 | $1,066 | $26,209 | $1,657 |
| 2016 | $22,276 | $1,066 | $23,342 | $1,608 |
| 2015 | $22,270 | $1,066 | $23,335 | $1,512 |
| 2014 | $18,545 | $1,299 | $19,844 | $1,486 |
| 2013 | $12,034 | $1,299 | $13,333 | $1,547 |
| 2012 | $12,159 | $1,856 | $14,015 | $1,799 |
| 2011 | $15,302 | $2,264 | $17,566 | $2,111 |
| 2009 | $25,426 | $9,184 | $34,610 | $2,933 |
| 2008 | — | $14,694 | $14,694 | $740 |
| 2007 | — | $7,347 | $7,347 | $723 |
Property facts
Year built
2007
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,745 sqft
Lot size
6,098 sqft
ZIP code
85541
City
Payson
Street
Velvet Mesquite Ct
Coordinates
34.25929, -111.29851
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,705
Gross rental yield
5.19%
Implied cap rate
3.38%
Trend-extrapolated value
—
Frequently asked questions
When did 1601 Velvet Mesquite Ct last sell?
1601 Velvet Mesquite Ct most recently sold on Jan 24, 2023 for $625,000.
What is the current tax assessment for 1601 Velvet Mesquite Ct?
The most recent total assessment for 1601 Velvet Mesquite Ct (year 2025) is $49,788 with $2,434 in property tax.
How does 1601 Velvet Mesquite Ct's assessment compare to its last sale price?
The current assessment is 92.0% below the last sale price of $625,000.
When was 1601 Velvet Mesquite Ct built?
1601 Velvet Mesquite Ct was built in 2007.
How does 1601 Velvet Mesquite Ct compare to others on Velvet Mesquite Ct?
We track 8 other properties on Velvet Mesquite Ct. Browse the list under "Other properties on Velvet Mesquite Ct" to compare beds, baths, and sale history.
What are the property facts for 1601 Velvet Mesquite Ct?
1601 Velvet Mesquite Ct is a 3 bed, 3 bath, 1,745 sqft, 6,098 sqft lot single_family.
Is 1601 Velvet Mesquite Ct a flip candidate?
No — 1601 Velvet Mesquite Ct does not appear in our flips dataset.
Is 1601 Velvet Mesquite Ct a tax-appeal candidate?
No — 1601 Velvet Mesquite Ct 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
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Geography
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