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  • $408,000

    517 E Timber Dr, Payson, AZ 85541

    3beds
    2,072sqft
    Single Family Residence
    Built in 1977
    0.3 Acres Lot
    $408,100 Zestimate®
    $197/sqft
    $2,128 Estimated rent

    Home value

    $408,100

    $388,000 - $429,000

    $2,128/mo

    Zestimate® history
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    What's special

    Beautifully updated bathroomsFresh interior paintNew windowsExpansive open basementDramatic open beam architectureSerene wooded settingNew roof
    Welcome to your own mountain retreat, where timeless chalet charm meets modern comfort! Nestled on a beautifully wooded 0.30-acre lot, this inviting chalet-style home has been thoughtfully remodeled while preserving the warmth and character that make mountain living so special. Step inside to soaring knotty pine tongue-and-groove ceilings, dramatic open beam architecture, and a stunning wall of windows that fills the home with natural light. The remodeled main floor features a gorgeous new kitchen with custom lighting, beautifully updated bathrooms, fresh interior paint, and a cozy fireplace perfect for relaxing after a day in the pines. Enjoy outdoor living on the huge deck with a brand-new railing, ideal for entertaining or simply soaking in the peaceful surroundings. Downstairs offers new windows and an expansive open basement with endless possibilities for a game room, home theater, workshop, or additional living space, while the spacious loft overlooks the great room and provides the perfect flex space for guests, an office, or reading area. Recent improvements include a new roof, new water heater, newer mini-splits for heating and cooling systems, and plenty of parking for family, friends, or recreational toys. Combining rustic mountain charm with modern updates, this beautifully maintained home offers the perfect full-time residence, weekend getaway, or vacation rental opportunity in a serene wooded setting.

    Zillow last checked:

    Listing updated:

    Listed by:

    Don 'Junior' Queen 928-592-3771,

    Real Broker

    Source: CAAR,MLS#: 94282MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Wall Furnace, Electric, Baseboard
    Cooling
    • Ceiling Fan(s), Split System
    Appliances
    • Laundry: Laundry Room
    Features
    • Vaulted Ceiling(s), FR-Dining Combo
    • Flooring: Concrete, Laminate, Tile, Wood, Linoleum
    • Windows: Double Pane Windows
    • Basement: Finished,Walk-Out Access
    • Has fireplace: Yes
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 2,072
    • Total interior livable area: 2,072 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport
    • Carport spaces: 2
    Features
    • Patio & porch: Porch
    • Fencing: Chain Link,Partial
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 0.3 Acres
    • Dimensions: Appro x 128' x 109' x 124' x 119' Irregular
    • Features: Many Trees, Tall Pines on Lot
    Details
    • Parcel number: 30270241C
    • Zoning: R3

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Chalet
    • Property subtype: Single Family Residence
    Materials
    • Brick, Wood Frame, Wood Siding
    Condition
    • Year built: 1977

    Utilities & green energy

    • Water: In Payson City Limits

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Payson North U5
    Location
    • Region: Payson

    Financial & listing details

    • Price per square foot: $197/sqft
    • Tax assessed value: $318,499
    • Annual tax amount: $2,010
    • Date on market: 7/1/2026
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Gravel

    Price history

    DateEventPrice
    9/17/2026Sold$408,000-2.4%$197/sqft
    Source: CAAR #94282 Report a problem
    8/26/2026Pending sale$418,000$202/sqft
    Source: CAAR #94282 Report a problem
    8/11/2026Price change$418,000-2.3%$202/sqft
    Source: CAAR #94282 Report a problem
    7/26/2026Price change$428,000-4.5%$207/sqft
    Source: CAAR #94282 Report a problem
    7/1/2026Listed for sale$448,000+26.2%$216/sqft
    Source: CAAR #94282 Report a problem
    9/29/2023Sold$355,000-10.5%$171/sqft
    Source: CAAR #88835 Report a problem
    9/15/2023Listed for sale$396,600$191/sqft
    Source: ARMLS #6581163 Report a problem
    8/2/2023Pending sale$396,600$191/sqft
    Source: CAAR #88835 Report a problem
    7/29/2023Listed for sale$396,600$191/sqft
    Source: CAAR #88835 Report a problem
    7/23/2023Pending sale$396,600$191/sqft
    Source: CAAR #88835 Report a problem
    7/16/2023Listed for sale$396,600$191/sqft
    Source: CAAR #88835 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$2,010 +4%$31,850 +0.4%
    2025$1,934 -10%$31,732 -1.3%
    2024$2,149 +3.2%$32,158
    2023$2,083 +6.5%--
    2022$1,956 +4.1%--
    2021$1,879 +9.5%--
    2019$1,716 +7.3%--
    2018$1,600 +2.1%--
    2017$1,567 --
    2016$1,567 +9.9%--
    2015$1,426 --
    2014-- --
    2013-- $11,709 -16.9%
    2012-- $14,087 -2.1%
    2011-- $14,390 -21%
    2010-- $18,220
    Find assessor info on the county website

    Neighborhood: 85541

    Nearby schools

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