862 S Running Elk Rd, Payson, AZ 85541
Property image
Property image
OFF MARKET

$603,700

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,716 sqft (on 2.43 acres)

862 S Running Elk Rd, Payson, AZ 85541

Est. Refi. Payment $3,402/mo*
Refinance Your Home
Currently Off Market - Sold Sep 19, 2025 for $435,000

Home Value

Trulia Estimate
$604K
Since last month
Increased$75K (+14.2%)
Since last year
Increased$5K (+0.9%)
Since last sale
Increased$169K (+38.9%)
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 +118% in the last 10 years
MonthEstimated value
2026
August 2026$604K
August 2026$604K
July 2026$529K
June 2026$545K
May 2026$541K
April 2026$545K
March 2026$543K
February 2026$544K
January 2026$542K
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
168 W Totem Pole Pl, Payson, AZ
0.22
Single-Family Home
$360,000
12/18/25
2
1.5
1,224
243 S Jay Bird Ln, Payson, AZ
0.12
Single-Family Home
$415,125
03/09/26
3
2
1,018
292 S MORRIS MDWS --, Payson, AZ
0.37
Single-Family Home
$670,000
03/31/26
3
2
1,468
575 S Cienega Rd, Payson, AZ
0.27
Single-Family Home
$275,000
08/27/26
2
1
1,500
199 W Mockingbird Ln, Payson, AZ
0.34
Single-Family Home
$360,000
03/25/26
3
2
1,224
192 S Indian Trl, Payson, AZ
0.61
Single-Family Home
$375,000
11/21/25
2
1
988
197 S Hiscox Ln, Payson, AZ
0.64
Single-Family Home
$297,500
10/09/25
2
1
1,236
530 S Cienega Rd, Payson, AZ
0.34
Single-Family Home
$396,000
02/26/26
2
1
600
517 S Cienega Rd, Payson, AZ
0.32
Single-Family Home
$235,000
06/29/26
2
1
640

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
107 S Jaybird Lane, Payson, AZ 85541
0.07
$299,200
1
1
944
Off Market
243 S Jay Bird Ln, Payson, AZ 85541
0.12
$415,125
3
2
1,018
Recently Sold
695 S Running Elk Rd, Payson, AZ 85541
0.15
$293,200
2
1.5
880
Off Market
109 S Lupine Rd, Payson, AZ 85541
0.19
$396,100
3
1.5
1,536
Off Market
168 W Totem Pole Pl, Payson, AZ 85541
0.22
$360,000
2
1.5
1,224
Recently Sold
181 W Relation Ln, Payson, AZ 85541
0.22
$309,900
2
1.5
872
Off Market
165 W Relation Ln, Payson, AZ 85541
0.25
$416,500
2
1.5
1,056
Off Market
159 W Mockingbird Ln, Payson, AZ 85541
0.25
$343,000
1
1
1,000
Off Market
181 S Blackfoot Rd, Payson, AZ 85541
0.25
-
-
-
-
Off Market
575 S Cienega Rd, Payson, AZ 85541
0.27
$275,000
2
1
1,500
Recently Sold
505 S Running Elk Rd, Payson, AZ 85541
0.29
$289,000
3
2
1,344
Recently Sold

Local Information

  • Map ViewExplore the area around 862 S Running Elk Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1964
2.43 acre lot
1,716 sqft
$352/sqft
Open Parking

About this House

This incredible opportunity to own a gorgeous 2.43+/- acre property with a 1716 sq. ft. cabin built in 1964 can be yours. Nestled below the majestic Mogollon Rim in the tranquil subdivision of Colcord Mountain Homesites. The log sided cabin needs some love but has new windows, doors, a new metal roof and an updated bathroom. There is a root cellar waiting to be filled with canned apples from your multiple mature apple trees. Overlooking the apple orchard, peaceful meadow and surrounding mountains in this quiet location is indescribable, you must experience it for yourself. The 2 parcels have a seasonal creek separating the properties. Complete with 2 wells on the large property the level land could accommodate an incredible garden, another house and so much more. There is also a saddle barn and stables if you want to bring your horses. Come sit on your covered deck and watch the wildlife in your front yard. The seasonal creek will flow during a wet winter and monsoon season in the seasonal creek area it is Flood Zone D - Area of possible flood.
862 S Running Elk Rd, Payson, AZ 85541 is a 2 bedroom, 2 bathroom, 1,716 sqft single-family home built in 1964. It last sold for $435,000 on Sep 19, 2025 (21% below the $550,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $603,700, with a rent estimate of $2,238/month.
Last check for updates: about 2 hours ago
Listed by Glori Surman
ERA YOUNG REALTY-PAYSON
Source: CAAR, MLS#92708

Home Details for 862 S Running Elk Rd

Active Status

MLS Status: Closed

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1716 Square Feet
Heating & Cooling
Heating: Has Heating Unspecified TypeHas CoolingAir Conditioning: Ceiling Fan(s)Has HeatingHeating Fuel: Has Heating Unspecified Type
Fireplace & Spa
Fireplace: Wood Burning Stove, Living Room, Two or MoreHas a Fireplace
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Carpet, Laminate, Wood
Levels, Entrance, & Accessibility
Floors: Carpet, Laminate, Wood
View
Has a ViewView: Rural, Trees/Woods, Mountain(s)

Exterior Features

Exterior Home Features
Roof: MetalFencing: Chain Link, Partial
Parking & Garage
No CarportNo Attached GarageHas Open ParkingParking: Parking Pad
Frontage
WaterfrontRoad Surface Type: GravelOn Waterfront
Water & Sewer
Water Body: Seasonal Creek
Farm & Range
Allowed to Raise Horses

Property Information

Year Built
Year Built: 1964
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Cabin
Building
Construction Materials: Wood Frame, Log SidingNot a New ConstructionDoes Not Include Home Warranty
Property Information
Condition: FixerParcel Number: 30319096A

Price & Status

Price
List Price: $550,000
Status Change & Dates
Off Market Date: Fri Sep 19 2025Possession Timing: Close Of Escrow

Media

Location

Direction & Address
City: PaysonCommunity: Colcord Mountain

Building

Building Area
Building Area: 1716 Square Feet

Lot Information

Lot Area: 2.43 Acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 92708Showing Service Name: Broker Bay

Price and Tax history

DateEventPrice
Sep 19, 2025
Source: CAAR #92708
Sold
$435,000
Aug 19, 2025
Source: CAAR #92708
Pending
$550,000
Aug 8, 2025
Source: CAAR #92708
Listed For Sale
$550,000

Market trends in Payson

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$463K
$1KMoM
Sale-to-List Price
98.0%
0.1%MoM
Price per sq ft
$303
$10MoM
Available listings
313
6MoM

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.
  • Bruce Palmer
    "Nice dog park in the neighborhood, and lots of dog owners walk their dog around the neighborhood regularly. "
    0
    Flag
  • Bruce Palmer
    "Dog friendly area. There’s a nice dog park in the neighborhood, by the library.Lots of people walk their dogs around the neighborhood "
    0
    Flag
  • Bruce Palmer
    "People are frequently seen walking their dogs in this neighborhood. Also, there is a nice dog park across the street at Rumsey Park."
    0
    Flag
  • Jay Martin
    "It’s great to be so close to the Phoenix area but be in the pines and cooler temperatures. Great variety of stores and restaurants. "
    0
    Flag
  • Karen Schendel-carlen
    "Free Concerts and movies in the park . Greatest place in Arizona to watch 4 th of July fireworks. Fantastic camping, hiking, biking and fishing. "
    0
    Flag
  • Shari S.
    "No sidewalks to walk on...you have to walk in the street. Dog-friendly neighborhood and lots of familiars dog owners. Because of the wildlife, you must go out with your small dogs, you can’t leave them out alone. "
    43
    Flag
  • Shari S.
    "Love the small town fell and the neighborhood. I do wish we had sidewalks to walk on. It’s very dangerous to walk in the narrow streets. "
    2
    Flag
  • Ljmyrick63
    "I only live here part time, but the neighborhood is friendly and well kept. Ramsey park is very close with many amenities including multiple sport fields, dog park, library, pool, children’s play area, bbq areas, skating park and a hiking trail. Payson is a vey outdoorsy place with 35 hiking trail around the city limits and many, many more trails, water areas, camping etc. Truly an outdoor persons dream place."
    5
    Flag
  • Mark
    "Dogs are welcome and everyone has multiple ones it seems like. Great place to raise dogs and kids alike. "
    1
    Flag
  • Mark
    "You see people walking dogs all the time. A lot of people take their dogs with them. People as a whole seem very dog friendly. "
    0
    Flag
  • Anne M. H.
    "I have lived here for 10 years. The neighbors are great and watch each other's home when were not around."
    7
    Flag
  • Heather
    "friendly people. beautiful mountains rivers and hiking. active community as well as many retirees. a"
    0
    Flag
  • Mary G. .
    "Just moved here from Southern California. Love it so much! The people are so warm and friendly. I look forward to seeing the sights and library and pretty much everything around here."
    1
    Flag
  • Wendy B.
    "100 miles from the big city. Mild climate compared to Phoenix blistering summers.. lake and creeks, tons of hiking trails. Beautify town"
    0
    Flag
  • Debbie L. E.
    "Great neighbors and neighborhood! Beautiful views and wildlife all around. Every house is unique...not “cookie cutter” at all!"
    0
    Flag
  • Christopher G.
    "I walk dogs every week. Most dog owners in town have their dogs under control. One got out of it's yard one time while I was running another dog. It charged us looking defensive but as soon as I ran at the dog it peed itself and jumped back over the fence. "
    0
    Flag
  • Cynthia
    "Great friendly neighbors, convenient location and the weather is awesome year around. We love the hiking, fishing and outdoor activities as well as the community activities."
    0
    Flag
  • Sharon M.
    "Visiting with neighbors Helping one in need Pride of Ed Just having fun with people Singing old songs of the c"
    0
    Flag
  • Nancy Berlin Jones
    "I have owned this home since 12/16 and the neighbors are very friendly. Yes- we watch out for each other to a respectful degree! The wildlife is pretty cool- elk, javelinas, quail. We have privacy, light traffic, trees, and views."
    25
    Flag
  • Saralewis
    "It’s a close walk to the green valley park and historical Main Street. The down side is there aren’t sidewalks and people drive Very fast down this street. There are also not too many street lights so people usually walk their dogs during the day to the park. "
    0
    Flag
  • Rustyandmariah
    "I’ve lived in the Payson area my entire life. The town is a great little mountain town. The people are friendly and there fun little shops and restaurants. If you love 4 seasons and the outdoors this is one of the best places to live. And if you don’t like the current weather you can wait 15 mins or drive 15 mins in any direction and it will change. "
    5
    Flag
  • Status202
    "My in laws live here and we come to visit about 6 times a year. This area is amazing if you are looking to camp, hike, bike, fish, hunt atv and enjoy the wild life. "
    1
    Flag
  • Bristolleos123
    "Car shows. Rodeo’s. Farmers markets. Small town vibe. Weekend retreats. Many church’s. Youth activities sports "
    0
    Flag
  • Yellow77roses
    "We are up above town! We have 360 veiw of the rims/ mountains! lots of wilds life still running around up here in Payson , Arizona"
    2
    Flag

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently asked questions about 862 S Running Elk Rd

  • What is 862 S Running Elk Rd estimated to be worth?
    Trulia's estimated value for 862 S Running Elk Rd in Payson, AZ is $603,700.
  • What is the price history for 862 S Running Elk Rd?
    862 S Running Elk Rd in Payson, AZ last sold for $435,000 in September 2025.
  • 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 $463K. That is up $1K from the prior month.
  • Does 862 S Running Elk Rd have air conditioning?
    Yes, 862 S Running Elk Rd in Payson, AZ has air conditioning.
  • How big is the lot at 862 S Running Elk Rd?
    The lot at 862 S Running Elk Rd in Payson, AZ is about 2.4 acres.

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