502 W Locust Rd Payson, AZ 85541
Estimated payment $5,001/month
Total Views
12,085
5
Beds
3
Baths
3,328
Sq Ft
$269
Price per Sq Ft
Highlights
- Popular Property
- Solar Power System
- Multiple Fireplaces
- Horses Allowed On Property
- Pine Trees
- Vaulted Ceiling
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
- $3,013
Year Built
- Built in 1997
Lot Details
- 0.9 Acre Lot
- Cul-De-Sac
- West Facing Home
- Chain Link Fence
- Pine Trees
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
- Stucco
Interior Spaces
- 3,328 Sq Ft Home
- Multi-Level Property
- Vaulted Ceiling
- Multiple Fireplaces
- Gas Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Hobby Room
- Laminate Flooring
- Finished Basement
- Walk-Out Basement
- Fire and Smoke Detector
Kitchen
- Electric Range
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- 3 Full Bathrooms
Laundry
- Laundry in Hall
- Laundry on upper level
Parking
- 4 Car Garage
- Garage Door Opener
Outdoor Features
- Separate Outdoor Workshop
- Shed
- Porch
Additional Features
- Solar Power System
- Horses Allowed On Property
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 302-40-173D
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 |
|---|---|---|---|---|
| 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: Central Arizona Association of REALTORS®
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: Central Arizona Association of REALTORS®
MLS Number: 92295
APN: 302-40-173D
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