$501,000
- 2 Beds
- 2 Baths
- 1,364 sqft
2503 E ELK RUN Court, Payson, AZ 85541
Est. Refi. Payment $2,911/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 30, 2026 for $499,500 (9% below list price)
Home Value
Trulia Estimate
$501KSince last month
Increased$1K (+0.3%)Since last year
Increased$29K (+6.1%)Since last sale
Increased$3K (+0.6%)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 +59% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $503K |
| August 2026 | $501K |
| April 2026 | $477K |
| March 2026 | $480K |
| February 2026 | $478K |
| January 2026 | $479K |
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 |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $561,000 | 09/08/26 | 2 | 2 | 1,264 | |
0.02 | Single-Family Home | $620,000 | 05/27/26 | 3 | 2 | 1,508 | |
0.04 | Single-Family Home | $615,000 | 03/09/26 | 2 | 2.5 | 1,768 | |
0.10 | Single-Family Home | $575,000 | 04/30/26 | 3 | 2.5 | 1,756 | |
0.36 | Single-Family Home | $657,000 | 10/07/25 | 3 | 2 | 1,710 | |
0.27 | Single-Family Home | $659,900 | 10/09/25 | 3 | 3 | 2,031 | |
0.27 | Single-Family Home | $829,500 | 07/15/26 | 3 | 3.5 | 2,544 | |
0.22 | Single-Family Home | $925,000 | 10/17/25 | 3 | 3 | 3,102 |
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 |
|---|---|---|---|---|---|---|
0.06 | $637,500 | 3 | 3 | 1,878 | Off Market | |
0.02 | $774,700 | 3 | 3 | 2,268 | Off Market | |
0.02 | $792,800 | 3 | 3 | 2,268 | Off Market | |
0.04 | $615,000 | 2 | 2.5 | 1,768 | Recently Sold | |
0.03 | $600,400 | 3 | 2 | 1,723 | Off Market | |
0.03 | $603,600 | 3 | 2 | 1,723 | Off Market | |
0.02 | $620,000 | 3 | 2 | 1,508 | Recently Sold | |
0.08 | $652,800 | 2 | 2.5 | 1,484 | Off Market | |
0.03 | $565,100 | 2 | 2 | 1,264 | Off Market | |
0.11 | - | - | - | - | Off Market | |
0.11 | - | - | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1997
1,364 sqft
$366/sqft
Garage
HOA $195/mo
About this House
What's unique:Modern upgradesOpen floor planFirewised yardCorner lotNew tile flooring
Escape the desert heat and discover your own mountain retreat in the heart of Payson. Nestled among the towering pines of the prestigious guard-gated Chaparral Pines community, this beautifully maintained 2-bedroom, 2-bath home offers 1,364 square feet of inviting single-level living designed for comfort, relaxation, and easy mountain living.
Often enjoying temperatures approximately 15 degrees cooler than the Valley, this property is the perfect full-time residence, seasonal getaway, or lock-and-leave escape from the Phoenix heat. Inside, soaring vaulted ceilings, expansive windows, abundant natural light, and a dramatic floor-to-ceiling stone fireplace with Quadra-fire pellet stove (2023 )create a warm and welcoming atmosphere with true mountain-lodge character. The open-concept living and dining spaces flow seamlessly into the kitchen, creating an ideal layout for entertaining or quiet evenings at home. Step outside to peaceful stone patios surrounded by mature pines, mountain air, and tranquil natural landscaping, perfect for morning coffee, evening wine, or simply unplugging and reconnecting with nature.
Located near golf, hiking trails, fishing lakes, and all the outdoor recreation Rim Country is known for, this home offers the ideal blend of serenity, lifestyle, and convenience within one of Payson's most sought-after communities.
Often enjoying temperatures approximately 15 degrees cooler than the Valley, this property is the perfect full-time residence, seasonal getaway, or lock-and-leave escape from the Phoenix heat. Inside, soaring vaulted ceilings, expansive windows, abundant natural light, and a dramatic floor-to-ceiling stone fireplace with Quadra-fire pellet stove (2023 )create a warm and welcoming atmosphere with true mountain-lodge character. The open-concept living and dining spaces flow seamlessly into the kitchen, creating an ideal layout for entertaining or quiet evenings at home. Step outside to peaceful stone patios surrounded by mature pines, mountain air, and tranquil natural landscaping, perfect for morning coffee, evening wine, or simply unplugging and reconnecting with nature.
Located near golf, hiking trails, fishing lakes, and all the outdoor recreation Rim Country is known for, this home offers the ideal blend of serenity, lifestyle, and convenience within one of Payson's most sought-after communities.
2503 E ELK RUN Court, Payson, AZ 85541 is a 2 bedroom, 2 bathroom, 1,364 sqft single-family home built in 1997. It last sold for $499,500 on Jul 30, 2026 (9% below the $549,990 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $501,000, with a rent estimate of $1,939/month.
Last check for updates: about 6 hours ago
Listed by Elizabeth Ellen Melichar, (480) 770-1243
SERHANT.
Bought with: Rayce Mathews, (928) 970-0977, Integra Homes and Land
Source: ARMLS, MLS#7024549

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Home Details for 2503 E ELK RUN Court
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Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1364 Square Feet |
Appliances & Utilities Appliances: Dryer, Washer, Refrigerator, Dishwasher, Disposal, Gas Range, Gas Oven, Gas CooktopDishwasherDisposalDryerLaundry: InsideRefrigeratorWasher |
Heating & Cooling Heating: Forced Air,PropaneHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),Programmable ThmstatHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Living Room, GasSpa: HeatedHas a FireplaceHas a Spa |
Windows, Doors, Floors & Walls Window: Double Pane WindowsFlooring: Carpet, Tile |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Accessibility: Zero-Grade EntryFloors: Carpet, Tile |
View Has a ViewView: Trees/Woods |
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Exterior Home Features Roof: CompositionPatio / Porch: PatioFencing: None |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 2No CarportHas a GarageHas Open ParkingParking Spaces: 4Parking: Garage Door Opener,Direct Access |
Frontage Responsible for Road Maintenance: Private Maintained RoadNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Cumulative Days on Market: 59 |
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Year Built Year Built: 1997 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Wood Frame, PaintedNot Attached Property |
Property Information Usage of Home: NoneParcel Number: 30291022 |
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Price List Price: $549,990Price Per Sqft: $366/sqft |
Status Change & Dates Off Market Date: Fri Jul 17 2026Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: PaysonCommunity: ELK RUN CHAPARRAL PINES |
School Information Elementary School: Payson Elementary SchoolElementary School District: Payson Unified DistrictJr High / Middle School: Rim Country Middle SchoolHigh School: Payson High SchoolHigh School District: Payson Unified District |
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Building Details Builder Name: Doty |
Building Area Building Area: 1364 Square Feet |
Community rooms Fitness Center |
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Community Features: Pool, Golf, Gated, Community Spa, Community Spa Htd, Guarded Entry, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center |
Other Playground |
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HOA Fee Includes: Maintenance Grounds, Street MaintHOA Name: Chaparral PinesHOA Phone: 928-472-9068Has an HOAHOA Fee: $585/Quarterly |
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Lot Area: 8087 sqft |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Mls Number: 7024549 |
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PoolGolfGatedCommunity SpaCommunity Spa HtdGuarded EntryTennis Court(s)PlaygroundBiking/Walking Path |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 30, 2026 Source: ARMLS #7024549 | Sold | $499,500 |
Jul 17, 2026 Source: ARMLS #7024549 | Pending | $549,990 |
Jun 26, 2026 Source: ARMLS #7024549 | PriceChange | $549,990 Price decreased by 3% |
May 19, 2026 Source: ARMLS #7024549 | Listed For Sale | $565,000 |
Oct 2, 2025 Source: CAAR #92416 | Sold | $475,000 |
Oct 2, 2025 Source: CAAR #92416 | Pending | $499,000 |
Aug 6, 2025 Source: CAAR #92416 | PriceChange | $499,000 Price decreased by 9% |
Jul 16, 2025 Source: CAAR #92416 | PriceChange | $550,000 Price decreased by 4% |
Jun 14, 2025 Source: CAAR #92416 | Listed For Sale | $575,000 |
Nov 14, 2022 Source: ARMLS #6470598 | Sold | $520,000 |
Sep 23, 2022 Source: CAAR #87547 | Listed For Sale | $595,000 |
Nov 13, 2020 Source: N/A | Sold | $385,000 |
Oct 28, 2020 Source: N/A | Pending | $399,000 |
Sep 6, 2020 Source: N/A | Listed For Sale | $399,000 |
Dec 8, 2018 Source: N/A | Sold | $285,000 |
Oct 6, 2018 Source: Agent Provided | Pending | $285,000 |
Sep 21, 2018 Source: Agent Provided | PendingToActive | $285,000 |
Sep 6, 2018 Source: Agent Provided | Pending | $285,000 |
Aug 17, 2018 Source: Agent Provided | PriceChange | $285,000 Price decreased by 5% |
Jul 2, 2018 Source: Agent Provided | Listed For Sale | $299,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | $2,984 | $368,865 |
Home facts updated by county records
Market trends in Payson
Last updated August 2026
Avg. sale price
$493K
$30KMoM
Sale-to-List Price
97.5%
0.5%MoM
Price per sq ft
$296
$8MoM
Available listings
338
25MoM
Around this home
What Locals Say about Payson
At least 89 Trulia users voted on each feature.
89 % Say it's dog friendly
88 % Say yards are well-kept
87 % Say there's wildlife
86 % Say parking is easy
84 % Say car is needed
76 % Say there's holiday spirit
75 % Say it's quiet
72 % Say people would walk alone at night
61 % Say neighbors are friendly
54 % Say they plan to stay for at least 5 years
53 % Say kids play outside
50 % Say it's walkable to restaurants
47 % Say it's walkable to grocery stores
39 % Say there are community events
26 % Say there are sidewalks
17 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Frequently asked questions about 2503 E ELK RUN Court
- What is 2503 E ELK RUN Court estimated to be worth?Trulia's estimated value for 2503 E ELK RUN Court in Payson, AZ is $501,000.
- What is the price history for 2503 E ELK RUN Court?2503 E ELK RUN Court in Payson, AZ last sold for $499,500 in July 2026.
- Is Payson a buyer's or seller's market?Payson is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Payson?The median sale price in Payson is $493K. That is up $30K from the prior month.
- Does 2503 E ELK RUN Court have air conditioning?Yes, 2503 E ELK RUN Court in Payson, AZ has air conditioning.
- Does 2503 E ELK RUN Court have a pool?Yes, 2503 E ELK RUN Court in Payson, AZ has a pool.