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.
Closed
Zestimate®
$289,000
505 S Running Elk Rd, Payson, AZ 85541
3beds
1,344sqft
Manufactured Home
Built in 2002
0.59 Acres Lot
$289,000 Zestimate®
$215/sqft
$1,920 Estimated rent
Home value
$289,000
$275,000 - $303,000
$1,920/mo
Zestimate® history
Owner options
List your home for rent
$1,920/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,920/mo
Rent Zestimate®
Refinance and save
$1,715/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,715/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Beautiful mountain viewsFresh exterior paint
Zillow last checked:
Listing updated:
Listed by:
Glori Surman,
ERA YOUNG REALTY-PAYSON
Source: CAAR,MLS#: 94289
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Forced Air
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Washer
- Laundry: Laundry Room
Features
- No Interior Steps, Kitchen-Dining Combo, Pantry, Master Main Floor
- Flooring: Carpet, Laminate, Wood
- Windows: Double Pane Windows
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning Stove
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
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Storage, Fire Pit
- Fencing: Chain Link
- Has view: Yes
- View description: Mountain(s), Rural
Lot
- Size: 0.59 Acres
- Features: Corner Lot, Many Trees, Corners Marked
Details
- Additional structures: Workshop, Storage/Utility Shed
- Parcel number: 30319129 & 130
- Zoning: GU
- Horses can be raised: Yes
Construction
Type & style
- Home type: MobileManufactured
- Architectural style: Single Level
- Property subtype: Manufactured Home
Materials
- Wood Frame, Wood Siding
- Roof: Asphalt
Condition
- Year built: 2002
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Colcord Mountain
HOA
- HOA name: No HOA
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+650%$223/sqft |
Source: CAAR #94289 Report a problem | ||
| 8/28/2001 | Sold | $40,000$30/sqft |
Source: Agent Provided 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 | -- | -- |
Find assessor info on the county website
Neighborhood: 85541
Nearby homes
- $323,200-- bd-- ba858 sqft180 S Broken Z Ln, Payson, AZ 85541Off Market
- $359,0002 bd1 ba896 sqft254 S Blackfoot Rd, Payson, AZ 85541For Sale
- $308,6003 bd2 ba1.5k sqft195 S Blackfoot Rd, Payson, AZ 85541Off Market
- $412,500-- bd-- ba920 sqft484 S Running Elk Rd, Payson, AZ 85541Off Market
- $338,200-- bd1 ba974 sqft196 S Blackfoot Rd, Payson, AZ 85541Off Market
- $555,600-- bd-- ba956 sqft150 S Broken Z Ln, Payson, AZ 85541Off Market
- $120,0000.36 Acres181 S Blackfoot Rd, Payson, AZ 85541Sold
- $133,400-- bd-- ba320 sqft573 S Running Elk Rd, Payson, AZ 85541Off Market
Nearby schools
GreatSchools rating
- 6/10Young Elementary SchoolGrades: PK-8Distance: 12 mi
- NAYoung High SchoolGrades: 9-12Distance: 12 mi
- Arizona
- Gila County
- Payson
- 85541
- 505 S Running Elk Rd
Nearby cities
Nearby zip codes
Other Payson Topics
