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$149,900 Just Listed
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Property Description
Affordable FIXER-UPPER opportunity in East Verde Estates, just minutes north of Payson. Situated on a spacious double lot overlooking the valley, this property is ready for someone with a vision to bring it back to life and create their own mountain getaway. The real draw is the location. East Verde Estates is a unique mountain community surrounded by the Tonto National Forest and offers private resident access to the East Verde River. Enjoy cooler temperatures, mountain views, wildlife and outdoor recreation while still being a short drive from Payson. The home needs work and is priced accordingly, making it a great opportunity for an investor, weekend cabin project or buyer looking for an affordable place in the mountains. Opportunities at this price point are hard to come by!
Full Property Details
Full Property Details for 389 N Nellie Dr
General
- Price: $149,900
- Taxes: $657 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7090989
- Updated: 10/8/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: High Speed Internet, Vaulted Ceiling(s), Full Bth Master Bdrm
- Appliances: Refrigerator, Electric Range, Electric Cooktop
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Wshr/Dry HookUp Only
Exterior
- Exterior Features: Private Yard
Location
- County: Gila
- Township: 11N
- Subdivision: EAST VERDE PARK
- Cross Streets: East Verde Estates Rd
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s)
- Heating Type: Heat Pump
Utilities
- Water: Pvt Water Company
Structural Information
- Architectural Style: Cabin,
- Exterior Const.: Wood Siding, Wood Frame
- Roof: Metal
- Year Built: 1966
- Property Condition: Fixer
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Panoramic, Trees/Woods, Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,382
- Lot Size Source: Assessor
- Lot Features: Gravel/Stone Front, Gravel/Stone Back
Financial Considerations
- Tax Amount: $657
- Tax Year: 2025
- Terms: Cash, 1031 Exchange
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOTS 79 & 80 EAST VERDE PARK 1; SEC 18 T11N R10E; = 0.26 AC M/L COMB PCLS 302-31-080 & 082A . EAST V
- Property ID: 302-31-082-C
- Range: 10E
- Section: 18
- Lot Number: 79
Listed by Fathom Realty Elite
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Schools
Schools serving 389 N Nellie Dr
School District:Payson Unified District
| Name | Grades | Distance |
|---|---|---|
Julia Randall Elementary School 902 West Main Street, Payson, AZ 85541 | 3-5 | 4.5 mi |
Payson Center for Success - Online 902 West Main Street, Payson, AZ 85541 | 7-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 389 N Nellie Dr
Date
Details
Price
Change
Source
10/08/2026
Listed
$149,900
66.56%
MLS
8/28/2026
Sold
$90,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 389 N Nellie Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$682
4%
$14,289
195%
2024
$657
5%
$4,844
-49%
2023
$623
4%
$9,480
37%
2022
$597
3%
$6,936
26%
2021
$578
2%
$5,500
2%
2020
$564
—
$5,413
100%
2020
$564
9%
-100%
2018
$519
5%
$4,951
2%
2017
$494
3%
$4,835
-2%
2016
$478
12%
$4,910
2%
2015
$428
-23%
$4,809
29%
2013
$553
—
$3,726
32%
2013
$553
—
$2,832
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 389 N Nellie Dr
389 N Nellie Drive, Payson, AZ 85541 (MLS# 7090989) is a Single Family property with 2 bedrooms and 1 full bathroom. 389 N Nellie Drive is currently listed for $149,900 and was received on October 08, 2026. Want to learn more about 389 N Nellie Drive? Do you have questions about finding other Single Family real estate for sale in Payson? You can browse all Payson real estate or contact a Coldwell Banker agent to request more information.

