502 W Locust Rd Payson, AZ 85541
Estimated payment $4,926/month
Total Views
18,739
5
Beds
3
Baths
3,328
Sq Ft
$254
Price per Sq Ft
Highlights
- Popular Property
- Family Room with Fireplace
- Cooling Available
- Horses Allowed On Property
- No HOA
- No Heating
About This Home
Mountain living at its best! This well-designed home offers a spacious layout with a walk-out basement, huge storage space, and an interior workshop. Enjoy a nearly 1-acre lot from your private rear deck. Features include solar panels to be paid off by seller at closing with title and warranty transferred to buyer, private well + city water, new appliances, garden sheds, and a 4-car garage. Perfect for full-time or seasonal living. Livestock and horses allowed with simple city permit.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,107
Year Built
- Built in 1997
Lot Details
- 0.9 Acre Lot
- Desert faces the back of the property
- Chain Link Fence
Parking
- 3 Open Parking Spaces
- 4 Car Garage
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 3,328 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
Kitchen
- Built-In Electric Oven
- Built-In Microwave
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bathroom is a Full Bathroom
- 3 Bathrooms
Schools
- Payson Elementary School
- Julia Randall Elementary Middle School
- Payson High School
Horse Facilities and Amenities
- Horses Allowed On Property
Utilities
- Cooling Available
- No Heating
- Well
Community Details
- No Home Owners Association
- Association fees include no fees
- West Payson Meets & Bounds Subdivision
Listing and Financial Details
- Tax Lot D
- Assessor Parcel Number 302-40-173-D
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,909 | -- | -- | -- |
| 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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Price Changed | $845,000 | -5.6% | $254 / Sq Ft |
| 06/17/2025 06/17/25 | Price Changed | $895,000 | -3.2% | $269 / Sq Ft |
| 05/21/2025 05/21/25 | For Sale | $925,000 | -- | $278 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $208,500 | New Conventional |
Source: Public Records
About the Listing Agent
Geoffrey's experience includes multiple residential and commercial real estate specialties, and he holds the prestigious CCIM designation (Certified Commercial Investment Member.) Geoffrey's transactions include more than 2000 transactions worth over $250,000,000. His commitments to clients and referral agents are honesty competence and care. He loves to talk real estate and leverage his 15+ years of dealmaking into creative and successful solutions for his clients.
Geoffrey's Other Listings
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6862132
APN: 302-40-173D
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.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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