NOT LISTED FOR SALE

615 N Redbud Cir Unit 866 Payson, AZ 85541

Estimated Value: $1,716,000 - $1,836,000

-- Bed
-- Bath
3,694 Sq Ft
$477/Sq Ft Est. Value

About This Home

This home is located at 615 N Redbud Cir Unit 866, Payson, AZ 85541 and is currently estimated at $1,762,181, approximately $477 per square foot. 615 N Redbud Cir Unit 866 is a home located in Gila County with nearby schools including Julia Randall Elementary School, Payson Elementary School, and Rim Country Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2025
Sold by
Earnhardt Dream and Martin Blake
Bought by
Ernst Richard M and Ernst Shirley
Current Estimated Value
$1,762,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,025,000
Outstanding Balance
$1,025,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$840,355

Purchase Details

Closed on
Nov 3, 2023
Sold by
Materi Family Trust
Bought by
Earnhardt Dream and Martin Blake

Purchase Details

Closed on
Aug 6, 2020
Sold by
Wtm Construction Inc
Bought by
Materi Wayne R and Materi Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2013
Sold by
Fp Real Estate One Llc
Bought by
Mandalay Communities Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ernst Richard M $1,725,000 Pioneer Title
Earnhardt Dream $1,800,000 Pioneer Title
Materi Wayne R $935,000 Pioneer Title Agency Inc
Mandalay Communities Inc $13,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ernst Richard M $1,025,000
Previous Owner Materi Wayne R $420,000
Previous Owner Wtm Construction Inc $515,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,566 -- -- --
2024 $5,566 $101,318 $8,178 $93,140
2023 $5,566 $84,299 $5,740 $78,559
2022 $5,376 $53,395 $4,024 $49,371
2021 $470 $9,758 $6,035 $3,723
2020 $452 $0 $0 $0
2019 $438 $0 $0 $0
2018 $412 $0 $0 $0
2017 $385 $0 $0 $0
2016 $377 $0 $0 $0
2015 $365 $0 $0 $0
Source: Public Records

Map

Arizona Gila County Payson 85541

615 N Redbud Cir Unit 866, Payson, AZ

This home is located at 615 N Redbud Cir Unit 866, Payson, AZ 85541 and is currently estimated at $1,762,181, approximately $477 per square foot. 615 N Redbud Cir Unit 866 is a home located in Gila County with nearby schools including Julia Randall Elementary School, Payson Elementary School, and Rim Country Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes