$735,000
SOLD JAN 14, 2026

502 W Locust Rd Payson, AZ 85541

5 Beds
3 Baths
3,328 Sq Ft
0.9 Acres

Recently Sold

$221 Per Sq Ft

6 Days on Market

Highlights

  • Horses Allowed On Property
  • Solar Power System
  • Multiple Fireplaces
  • RV Access or Parking
  • Pine Trees
  • Vaulted Ceiling

About This Home

As of January 2026

Stellar custom built Iverson home near Rumsey Park. This beautiful 5BDRM3BA/4CG stucco home has 3328sf of living space. Main level offers spacious living area with fireplace, built in cabinets & shelving and vaulted ceiling. Kitchen has oak cabinets, electric range, refrigerator and dishwasher with dining area. Utility room off the garage has a sink and washer & dryer. Master bedroom can easily hold a king bed and has laminate flooring with walk-in closet and full bathroom. Additional two bedrooms and guest bathroom on main level. Downstairs is a massivie family room with gas fireplace and built-ins. Sliding glass door to the back yard. Two more bedrooms downstairs with a full bathroom. There is also a storage room and a workshop in the finished basement! Property is just shy of one acre and is fenced. Established garden and nice sheds. Large covered back porch overlooks the natural vegetation and tall pines.Private well is also on the property and home is connected to city water. Home has solar energy and panels that will be paid off by the Seller at closing. New roof in 2023 and No HOA! Plenty of extra room for parking and one of that garage stalls is for tandem parking, for a total of four parking spaces. Home is close to town and the library. Must see to appreciate.

Last Agent to Sell the Property

Deborah Rose

Realty ONE Group License #SA551334000 Listed on: 12/12/2025

Realty ONE Group

Last Buyer's Agent

Geoffrey Adams

Realty ONE Group License #BR627564000

Realty ONE Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,013

Year Built

  • Built in 1997

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 168.57 x 233.41 x 168.57 x 233.41
  • Cul-De-Sac
  • West Facing Home
  • Wood Fence
  • Chain Link Fence
  • Pine Trees
  • Property is zoned R1-10

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Stucco

Interior Spaces

  • 3,328 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Tandem Garage
  • Garage Door Opener
  • RV Access or Parking

Outdoor Features

  • Separate Outdoor Workshop
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Refrigerated Cooling System
  • Heating System Uses Propane
  • Propane Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Solar Power System
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Built by Iverson Builders

Listing and Financial Details

  • Tax Lot 173D
  • Assessor Parcel Number 302-40-173D

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,013

Year Built

Built in 1997

Lot Details

0

Listing Details

  • FILLACRES: 0.90
  • Estimated Sq Ft: 3328.00
  • Estimated Sq Ft Range: 3001 - 3500
  • Total Bathrooms: 3.00
  • House Faces: W
  • Directions: Hwy 87 N to W Forest. North on McLane Rd. West on Locust. Sign on
  • Fireplace Wood Stove: Fireplace, Gas Fireplace, In Family Room, In Living Room, Two or More
  • Lot Street Improvem: Blacktop Street
  • Other Rooms N A Other: Interior Workshop
  • Property Sub Type: Site Built
  • Prop. Type: Residential
  • Building Style: Basement, Two Story, Walk-out Basement
  • Sub Code: Unsub Payson West
  • Sub Floor Type: Slab
  • Tract Suffix: Road
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Floor Covering: Carpeting, Laminate
  • Basement Full Bathrooms: 3
  • Lower Floor 1 Bedrooms: 5
  • Dining Room: Formal
  • Fireplace Stove: Yes
  • Foreclosure: No
  • Interior Amenities: Dual Pane Window, Master Main Floor, Smoke Detector, Vaulted Ceiling
  • Kitchen Features: Built in Microwave, Dishwasher, Electric Range, Garbage Disposal, Refrigerator
  • Laundry: Dryer, Utility Room, Washer
  • Legal Description: Section: 33 Township: 11N Range: 10E Pt Ne4 Se4 Sec 33 T11n R10e;Beg Nw Cor Ne4 Se4 Sec 33;th N 89D52' 39 E 589.16'Pob;th Cont N89d52'39 E 168.57';th S0d3'37 W 233.41'; Th S89d52'39 W 168.57';th N0d3'37 E 233.41' Pob;=0.90 Ac M/L (Out Of 302-40-009U)
  • Entry Location: Cul-De-Sac, In Payson City Limits
  • Other Rooms: Finished Basement, Walk Out Basement
  • Source of Sq Ft: Owner

Exterior Features

  • Builder Name: Iverson Builders
  • Exterior Construction: Wood Frame
  • Exterior Features: In the Trees, Porch/Deck, Storage/Utility Shed, Tall Pines on Lot, Work Shop
  • Fencing: Chain Link, Wood Fence
  • Flood Zone: None
  • Horses Allowed On Property: Yes
  • Lot Number: 173D
  • Roof: Asphalt/Comp Shingle
  • Exterior Construction: Stucco
  • View: No
  • Waterfront: No

Garage/Parking

  • Garage Capacity: 4.00
  • Parking Features: Attached, Extended Length/Tandem Garage, Garage Door Opener, Garage Only, Oversized, RV Parking

Utilities

  • Cooling: Ceiling Fan, Central, Electric Refrig.
  • Heating: Forced Air, Propane
  • Utilities Available: Cable TV/Satellite, Electricity, Piped Propane, Private Well, Sewer Hooked In, Solar, Telephone, Town of Payson Water, Trash, Underground Util
  • Water Heater: Over 30 Gallons, Propane

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 3013.42

Lot Info

  • Assessor Parcel Number: 302-40-173D
  • Lot Dimensions: 168.57 x 233.41 x 168.57 x 233.41
  • Zoning: R1-10

Tax Info

  • Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2025
Closed on
Dec 31, 2025
Sold by
Herbster Jeffrey Alan and Herbster Family Trust
Bought by
Payson Ventures Llc
Seller's Agent
Deborah Rose
Realty ONE Group
Buyer's Agent
Geoffrey Adams
Realty ONE Group
List Price
$735,000
Sold Price
$735,000
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
254.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $735,000 Roc Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2026 01/14/26 Sold $735,000 0.0% $221 / Sq Ft
12/18/2025 12/18/25 Pending -- -- --
12/12/2025 12/12/25 For Sale $735,000 -- $221 / Sq Ft
Source: Central Arizona Association of REALTORS®

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 $3,591 -- -- --
2024 $2,909 $50,169 $12,783 $37,386
2023 $2,909 $45,045 $12,584 $32,461
2022 $2,812 $25,350 $5,743 $19,607
2021 $2,729 $25,350 $5,743 $19,607
2020 $2,610 $0 $0 $0
2019 $2,529 $0 $0 $0
2018 $2,366 $0 $0 $0
2017 $2,201 $0 $0 $0
2016 $2,284 $0 $0 $0
2015 $2,111 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Deborah Rose

    Seller's Agent in 2026

    Deborah Rose

    Realty ONE Group

    (928) 478-2000

    174 Total Sales

    Deborah Rose
    Section Image
  • Geoffrey Adams

    Buyer's Agent in 2026

    Geoffrey Adams

    Realty ONE Group

    (480) 405-1705

    352 Total Sales

    Geoffrey Adams
    Section Image
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Map

Source: Central Arizona Association of REALTORS®

MLS Number: 93210

Central Arizona Association of REALTORS®

APN: 302-40-173D

Arizona Gila County Payson 85541

502 W Locust Rd, Payson, AZ

Sold

Detached

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