Closed

$289,000

505 S Running Elk Rd, Payson, AZ 85541

3beds

1,344sqft

Manufactured Home

Built in 2002

0.59 Acres Lot

$290,800 Zestimate^®

$215/sqft

$-- Estimated rent

Home value

$290,800

$247,000 - $343,000

Not available

Zestimate^® history

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$1,825/mo

Est. payment

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$1,825/mo

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What's special

Beautiful mountain viewsFresh exterior paint

Welcome to this well-maintained 3-bedroom, 2-bath home offering 1,344 sq. ft. of comfortable mountain living. Built in 2002, the desirable split floor plan provides privacy and functionality. Stay cool during the summer with the newer A/C system and enjoy cozy winter evenings by the fireplace in the spacious living room. Recent updates include fresh exterior paint, a new concrete slab, and new stairs. Situated on two level, fully fenced lots totaling 0.59 acres, the property offers beautiful mountain views and is adjacent to the original Colcord homestead and subdivision land office. Nestled below the majestic Mogollon Rim in Colcord Mountain Homesites, this home is just a short drive to the Seven Rim Lakes, U.S. National Forest, and scenic creeks, making it the perfect full-time residence or mountain getaway for those who love hiking, fishing, and the outdoors.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Electric, Forced Air

Cooling

Ceiling Fan(s), Central Air

Appliances

Laundry: Laundry Room

Features

No Interior Steps, Kitchen-Dining Combo, Pantry
Flooring: Carpet, Laminate, Wood
Windows: Double Pane Windows
Has basement: No
Has fireplace: Yes
Fireplace features: Living Room

Interior area

Total structure area: 1,344
Total interior livable area: 1,344 sqft

Property

Parking

Parking features: Parking Pad
Has uncovered spaces: Yes

Features

Exterior features: Fire Pit
Fencing: Chain Link
Has view: Yes
View description: Rural, Mountain(s)

Lot

Size: 0.59 Acres
Features: Corner Lot, Many Trees, Corners Marked

Details

Additional structures: Workshop
Parcel number: 30319129 & 130
Zoning: GU
Horses can be raised: Yes

Construction

Type & style

Home type: MobileManufactured
Property subtype: Manufactured Home

Materials

Wood Frame, Wood Siding

Condition

Year built: 2002

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Colcord Mountain

Location

Region: Payson

Financial & listing details

Price per square foot: $215/sqft
Tax assessed value: $86,496
Annual tax amount: $1,418
Date on market: 7/1/2026
Listing terms: Cash,Conventional
Road surface type: Gravel

Price history

Date	Event	Price
7/29/2026	Sold	$289,000-3.7%$215/sqft
Source: CAAR #94289 Report a problem
7/3/2026	Pending sale	$299,999$223/sqft
Source: CAAR #94289 Report a problem
7/1/2026	Listed for sale	$299,999$223/sqft
Source: CAAR #94289 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$928 +6.9%	$8,649 -3.3%
2025	$868 +4.8%	$8,942 -0.2%
2024	$828 +8%	$8,960
2023	$767 -8.1%	--
2022	$835 -0.1%	--
2021	$836 -16.1%	--
2019	$996 +3.8%	--
2018	$959 +8.3%	--
2017	$885	--
2016	$885 +1.9%	--
2015	$869	--
2014	--	--
2013	--	$6,024 -0.2%
2012	--	$6,036 -17.7%
2011	--	$7,333
2010	--	$7,333
2009	--	--
2008	$649	--
2007	--	--
2006	$650	--
2005	--	--
2004	--	--
2003	--	--
2002	--	--