$925,000

502 W Locust Rd Payson, AZ 85541

Estimated payment $5,437/month

Total Views 778
5 Beds
3 Baths
3,328 Sq Ft
$278 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • No HOA
  • No Heating
  • Family Room with Fireplace
  • Cooling Available

About This Home

Coming soon—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 (leased), 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.

Listing Agent

Geoffrey Adams

Realty ONE Group License #BR627564000

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
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,107

Year Built

Built in 1997

Lot Details

0

Parking

4

Listing Details

  • Legal Info Range: 10E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1997
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 0.9
  • Subdivision Name: West Payson Meets & Bounds
  • Property Attached Yn: No
  • Tax Parcel Letter: D
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Appliances: Built-In Electric Oven
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Family Room, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm
  • Living Area: 3328.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Natural Desert Back, Gravel/Stone Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Garage Spaces: 4.0
  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Other
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: Private Well, Onsite Well, City Water
  • Heating:No Heat: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Payson Elementary School
  • High School: Payson High School
  • Junior High Dist: Payson Unified District
  • Middle Or Junior School: Julia Randall Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 39327.0
  • Parcel #: 302-40-173-D
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: N/A

Tax Info

  • Tax Annual Amount: 3107.0
  • Tax Book Number: 302.00
  • Tax Lot: D
  • Tax Map Number: 40.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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
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 Adams

Realty ONE Group

(928) 272-0885

Section Image

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.

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6862132

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-40-173D