198 S Rainbow Dr, Payson, AZ 85541
OFF MARKET

$468,800

Trulia Estimate
  • Studio
  • 1,280 sqft (on 2.50 acres)

198 S Rainbow Dr, Payson, AZ 85541

Est. Refi. Payment $2,728/mo*
Refinance Your Home
Currently Off Market - Sold Jan 1, 2005 for $60,000

Home Value

Trulia Estimate
$469K
Since last month
Decreased$13K (-2.6%)
Since last year
Decreased$18K (-3.8%)
Since last sale
Increased$407K (+678.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +49% in the last 10 years
MonthEstimated value
2026
September 2026$467K
August 2026$480K
July 2026$490K
June 2026$524K
May 2026$509K
April 2026$504K
March 2026$491K
February 2026$478K
January 2026$460K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
263 E Springdale Dr, Payson, AZ
0.10
Single-Family Home
$362,000
08/07/26
3
2
2,108
314 W Acorn Cir, Payson, AZ
0.27
Single-Family Home
$365,000
02/23/26
3
2
1,504
70 E Springdale Dr, Star Valley, AZ
0.28
Single-Family Home
$295,000
06/01/26
2
1
816
406 W Granite Butte Rd, Star Valley, AZ
0.30
Single-Family Home
$389,500
03/05/26
-
1,705
406 E Granite Butte Rd, Payson, AZ
0.30
Single-Family Home
$389,500
03/05/26
4
2
1,705
92 E Pine Ridge Dr, Star Valley, AZ
0.32
Single-Family Home
$852,000
07/01/26
4
3
3,262
105 E Pine Ridge Dr, Payson, AZ
0.34
Single-Family Home
$1,000,000
02/12/26
3
3.5
3,039
1072 E Highline Dr, Payson, AZ
0.44
Single-Family Home
$985,000
02/09/26
4
3
2,647
3933 E State Highway 260 #114, Payson, AZ
0.54
Single-Family Home
$70,000
07/23/26
1
1
398
3696 E State Highway 260 #A6, Payson, AZ
0.86
Single-Family Home
$80,000
11/21/25
1
1
385

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
374 Springdale Dr, Payson, AZ 85541
0.08
$324,300
3
2
1,456
Off Market
150 S Rainbow Dr, Payson, AZ 85541
0.08
$306,400
3
2
1,248
Off Market
38 E Quail Hollow Dr, Payson, AZ 85541
0.10
$299,400
3
2
1,160
Off Market
82 E QUAIL HOLLOW Drive, Payson, AZ 85541
0.12
$235,000
2
2
1,056
Recently Sold
263 E Springdale Dr, Payson, AZ 85541
0.10
$362,000
3
2
2,108
Recently Sold
212 W CEDAR MILL Court, Payson, AZ 85541
0.15
$351,400
3
2
1,566
Off Market
212 E Cedar Mill Ct, Payson, AZ 85541
0.15
$351,400
3
2
1,566
Off Market
62 S Rainbow Dr, Payson, AZ 85541
0.13
-
-
-
-
Off Market
326 E Cedar Mill Rd, Payson, AZ 85541
0.16
$310,100
3
2
1,440
Off Market
220 N RAINBOW Drive, Payson, AZ 85541
0.16
$279,200
2
2
-
Off Market
213 E Cedar Mill Court, Payson, AZ 85541
0.17
$301,100
3
3
2,400
Off Market
209 E CEDAR MILL Court, Payson, AZ 85541
0.17
$507,400
3
3
2,283
Off Market

Local Information

  • Map ViewExplore the area around 198 S Rainbow Dr.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1986
2.5 acre lot
1,280 sqft
$366/sqft
Garage

About this House

This single-family home is located at 198 S Rainbow Dr, Payson, AZ. 198 S Rainbow Dr is in Payson, AZ and in ZIP code 85541. This property has approximately 1,280 sqft of floor space. This property has a lot size of 2.50 acres and was built in 1986.
198 S Rainbow Dr, Payson, AZ 85541 is a studio, 1,280 sqft single-family home built in 1986. It last sold for $60,000 on Jan 1, 2005. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $468,800, with a rent estimate of $2,015/month.

Home Details for 198 S Rainbow Dr

Interior Features

Interior Details
Basement
Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Cooling System: Central

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Wood
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1986
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 2.50 acres

Price and Tax history

DateEventPrice
Jan 1, 2005
Source: N/A
Sold
$60,000
Dec 7, 1992
Source: N/A
Sold
$60,000

Market trends in Star Valley

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
25
3MoM

Around this home

What Locals Say about Star Valley

At least 8 Trulia users voted on each feature.

  • 100 % Say it's dog friendly

  • 90 % Say car is needed

  • 88 % Say parking is easy

  • 88 % Say there's holiday spirit

  • 88 % Say there's wildlife

  • 75 % Say it's quiet

  • 75 % Say yards are well-kept

  • 67 % Say they plan to stay for at least 5 years

  • 64 % Say people would walk alone at night

  • 63 % Say there are community events

  • 56 % Say neighbors are friendly

  • 54 % Say there are sidewalks

  • 45 % Say it's walkable to restaurants

  • 33 % Say kids play outside

  • 31 % Say streets are well-lit

  • 11 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Oakleybusiness
    "People love dogs and pick up after them. It is quiet and well behaved dogs.close to dogg parks and hi king trails. "
    0
    Flag
  • Ernie.burlison
    "Not too bad most days. Difficult to get to Payson on Sundays when traffic is heavy on 260 due to campers going home."
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 198 S Rainbow Dr

  • What is 198 S Rainbow Dr estimated to be worth?
    Trulia's estimated value for 198 S Rainbow Dr in Payson, AZ is $468,800.
  • What is the price history for 198 S Rainbow Dr?
    198 S Rainbow Dr in Payson, AZ last sold for $60,000 in January 2005.
  • Is Payson a buyer's or seller's market?
    Payson is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Payson?
    Residents describe Payson, AZ as dog-friendly, easy to park in, and quiet. Most residents say you need a car. See recently sold homes in Payson, AZ.
  • Does 198 S Rainbow Dr have air conditioning?
    Yes, 198 S Rainbow Dr in Payson, AZ has air conditioning.
  • How big is the lot at 198 S Rainbow Dr?
    The lot at 198 S Rainbow Dr in Payson, AZ is about 2.5 acres.

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Off Market Homes Near 198 S Rainbow Dr

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