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1606 Velvet Mesquite Ct

Payson, AZ 85541

4 bd 3 ba 2,532 sqft Built 2006 Lot 7,841 sqft single_family
Most recent sale
$650,000
Aug 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2022 Sold $650,000 MLS #86415
Jun 14, 2022 Price changed $699,000 MLS #86415
Jun 8, 2022 Price changed $749,000 MLS #86415
Apr 4, 2022 Listed $795,000 MLS #86415
Jul 9, 2018 Sold $432,000 MLS #78016
Jun 4, 2018 Relisted $449,500 MLS #76644
Apr 25, 2018 Listed $459,500 MLS #78016
Jan 24, 2018 Relisted $449,500 MLS #76644
Nov 2, 2017 Relisted MLS #76644
Sep 13, 2017 Listing removed $449,500 CentralArizona
Aug 15, 2017 Listed $454,000 MLS #76644
Mar 8, 2013 Sold $340,000 Public Record
Sep 5, 2012 Listing removed $359,000 ArizonaRegionalMLS
Jul 19, 2012 Listed $359,000 MLS #65461
Jul 18, 2012 Listed $359,000 MLS #4790465
Jul 25, 2007 Sold $625,127 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $64,670 $2,744 $67,414 $3,354
2023 $51,077 $1,066 $52,143 $3,114
2022 $37,392 $1,066 $38,458 $3,476
2021 $37,392 $1,066 $38,458 $3,263
2020 $37,392 $1,066 $38,457 $3,135
2019 $33,749 $1,066 $34,815 $3,044
2018 $33,749 $1,066 $34,815 $2,863
2017 $36,109 $1,066 $37,175 $2,669
2016 $32,319 $1,066 $33,385 $2,614
2015 $31,989 $1,066 $33,055 $2,407
2014 $25,636 $1,299 $26,935 $2,379
2013 $17,072 $1,299 $18,371 $2,430
2012 $17,174 $1,856 $19,030 $2,750
2011 $21,615 $2,264 $23,879 $2,719
2010 $35,702 $9,184 $44,886 $3,937
2009 $35,702 $9,184 $44,886 $4,055
2008 $36,761 $9,184 $45,945 $2,113
2007 $7,347 $7,347 $723

Property facts

Year built
2006
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,532 sqft
Lot size
7,841 sqft
ZIP code
85541
City
Payson
Street
Velvet Mesquite Ct
Coordinates
34.25976, -111.29804

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
$3,925
Gross rental yield
7.25%
Implied cap rate
4.71%
Trend-extrapolated value

Frequently asked questions

When did 1606 Velvet Mesquite Ct last sell?
1606 Velvet Mesquite Ct most recently sold on Aug 16, 2022 for $650,000.
What is the current tax assessment for 1606 Velvet Mesquite Ct?
The most recent total assessment for 1606 Velvet Mesquite Ct (year 2025) is $67,414 with $3,354 in property tax.
How does 1606 Velvet Mesquite Ct's assessment compare to its last sale price?
The current assessment is 89.6% below the last sale price of $650,000.
When was 1606 Velvet Mesquite Ct built?
1606 Velvet Mesquite Ct was built in 2006.
How does 1606 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 1606 Velvet Mesquite Ct?
1606 Velvet Mesquite Ct is a 4 bed, 3 bath, 2,532 sqft, 7,841 sqft lot single_family.
Is 1606 Velvet Mesquite Ct a flip candidate?
No — 1606 Velvet Mesquite Ct does not appear in our flips dataset.
Is 1606 Velvet Mesquite Ct a tax-appeal candidate?
No — 1606 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 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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