Date
Details
Price
Change
Source
2/18/2026
Listed
$358,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Versatile Payson Property with Guest Studio, NO HOA & .27 Acre Lot. Rare opportunity to own a flexible property featuring a 2 bedroom, 1 bath main home (1,080 sq ft) plus a 400 sq ft studio space setup for extra living, has a full bath and kitchen area -- possible rental income, multigenerational living, home office, or small business use. Main home was updated in the early 80's. The main residence offers comfortable living space with room for a dedicated office or bonus area, making it ideal for remote work or hobby space. The detached studio (ADU-style setup) provides excellent privacy and income potential with its own kitchen and full bathroom. Situated on a .27 acre, 100% flat and usable lot, this property features a large fenced yard, abundant parking, and low-maintenance zero-scaped landscaping that is beautifully manicured and easy to care for. Located with convenient access to parks, grocery stores, restaurants, and local amenities, this property combines flexibility, functionality, and investment potential -- all with NO HOA restrictions.
Full Property Details
Full Property Details for 518 N Colcord Rd
General
- Price: $358,900
- Taxes: $1,389 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6986430
- Updated: 2/18/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Master Downstairs, Eat-in Kitchen, Full Bth Master Bdrm
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning, Living Room
- Appliances: Dryer, Washer, Refrigerator, Dishwasher, Gas Range, Gas Oven
- Flooring: Carpet, Linoleum
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Storage
Location
- County: Gila
- Township: 11N
- Subdivision: PAYSON NORTH 1
- Cross Streets: Hwy 87 North
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Evaporative Cooling
- Heating Type: Electric, Propane
Utilities
- Water: City Water
- Utility Description: Propane
Structural Information
- Architectural Style: Cabin, Ranch,
- Exterior Const.: Wood Siding, Wood Frame
- Roof: Composition, Metal
- Sq. Ft. Source: Assessor
- Year Built: 1970
Additional Structures
- Other Structures: Shed(s), Separate Guest House
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,647
- Lot Size Source: Assessor
- Lot Features: Dirt Front
Financial Considerations
- Tax Amount: $1,389
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 139, PAYSON NORTH UNIT ONE, PLAT 373, ALG WITH POR BEG SW COR LOT 139; TH N0D01 FT W, 70.0 FT ;
- Property ID: 302-64-139
- Range: 10E
- Section: 34
- Lot Number: 139
Listed by Real Broker
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— 518 N Colcord Rd —
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Schools
Schools serving 518 N Colcord Rd
School District:Payson Unified District
| Name | Grades | Distance |
|---|---|---|
Julia Randall Elementary School 902 West Main Street, Payson, AZ 85541 | 3-5 | 1.4 mi |
Payson Center for Success - Online 902 West Main Street, Payson, AZ 85541 | 7-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 518 N Colcord Rd
Tax History
Tax History for 518 N Colcord Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,444
4%
$22,022
63%
2024
$1,389
4%
$13,526
-37%
2023
$1,341
3%
$21,373
15%
2022
$1,296
6%
$18,636
33%
2021
$1,219
33%
$14,064
—
2020
$918
—
$14,064
100%
2020
$918
—
-100%
2018
$918
2%
$12,893
54%
2017
$896
-2%
$8,346
—
2016
$913
1%
$8,346
-29%
2015
$902
-6%
$11,737
21%
2013
$963
—
$9,678
22%
2013
$963
—
$7,948
—
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 518 N Colcord Rd
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518 N Colcord Road, Payson, AZ 85541 (MLS# 6986430) is a Single Family property with 3 bedrooms and 2 full bathrooms. 518 N Colcord Road is currently listed for $358,900 and was received on February 18, 2026. Want to learn more about 518 N Colcord Road? 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.