$345,000
SOLD DEC 16, 2025

508 E Drowsey Cir Payson, AZ 85541

2 Beds
1.5 Baths
1,200 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$288 Per Sq Ft

32 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • Double Pane Windows
  • Screened Porch
  • Eat-In Kitchen
  • Laundry in Utility Room

About This Home

As of December 2025

Charming 2BR/2BA site-built home in beautiful Payson! Features a gas fireplace, bright kitchen, and comfortable living spaces. Updates include new roof, double-pane windows, gutters, new fridge, new fence, and new flooring in the sunroom/porch. All appliances convey-washer/dryer only 2 yrs old. Enjoy a one-car garage (with window unit), covered carport, and multiple sheds. Relax outdoors under the pines or explore nearby trails, shops, and dining. Ideal for full-time living or a mountain getaway

Last Agent to Sell the Property

Josh Meacham

HomeSmart Pros License #BR575166000 Listed on: 10/16/2025

HomeSmart Pros

Co-Listed By

Anthony Marangon

HomeSmart Pros License #SA695111000

Last Buyer's Agent

Yessenia Storing

Delex Realty, LLC License #SA708247000

Delex Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 6,970 Sq Ft Lot
  • Cul-De-Sac
  • East Facing Home
  • Partially Fenced Property
  • Chain Link Fence
  • Drip System Landscaping

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • 1 Carport Space

Outdoor Features

  • Shed

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 302-61-201

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

6,970 Sq Ft Lot

Listing Details

  • FILLACRES: 0.16
  • Estimated Sq Ft: 1200.00
  • Total Bathrooms: 2.00
  • House Faces: E
  • Directions: Hwy 87 North. Right on Forest. Left on Easy Street. Right on Drowsey Circle to end of the cul-de-sac. Sign on Property.
  • Fireplace Wood Stove: Gas Fireplace, In Living Room
  • Homeowners Assoc N A Other: YES
  • Lot Street Improvem: Blacktop Street
  • Other Rooms N A Other: YES
  • Property Sub Type: Site Built
  • Prop. Type: Residential
  • Building Style: Single Level
  • Sub Code: Payson North U4
  • Sub Floor Type: Wood
  • Tract Suffix: Circle
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Floor Covering: Carpeting, Laminate
  • Half Bathrooms: 1
  • Basement Full Bathrooms: 1
  • Lower Floor 1 Bedrooms: 2
  • Dining Room: Kitchen-Dining Combo
  • Fireplace Stove: Yes
  • Foreclosure: No
  • Interior Amenities: Dual Pane Window, Master Main Floor, Smoke Detector
  • Kitchen Features: Dishwasher, Eat-in, Electric Range, Microwave, Pantry, Refrigerator
  • Laundry: Dryer, Utility Room, Washer
  • Legal Description: Section: 34 Township: 11N Range: 10E LOT 201, PAYSON NORTH UNIT FOUR, PLAT 452 & 1/292 UNDIVIDED INT IN TRACTS ''A'' THRU ''G'' S1/2 N1/2 SEC 34 T11N R10E = 0.16 AC
  • Entry Location: Cul-De-Sac
  • Source of Sq Ft: Assessor

Exterior Features

  • Exterior Construction: Wood Frame
  • Exterior Features: Drip System, Screened Porch/Deck, Storage/Utility Shed
  • Fencing: Chain Link, Partially Fenced
  • Flood Zone: None
  • Horses Allowed On Property: No
  • Roof: Asphalt/Comp Shingle
  • Exterior Construction: Wood
  • View: No

Garage/Parking

  • Carport Capacity: 1.00
  • Garage Capacity: 1.00
  • Parking Features: Detached, Garage & Carport

Utilities

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 302-61-201
  • Lot Dimensions: UNK
  • Zoning: Residential

Tax Info

  • Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2025
Closed on
Dec 13, 2025
Sold by
Gibbs Lois I
Bought by
Paulsen Lonnie Lee
Seller's Agent
Josh Meacham
HomeSmart Pros
Buyer's Agent
Yessenia Storing
Delex Realty, LLC
List Price
$345,000
Sold Price
$345,000
Views
73
Current Estimated Value
$339,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,153
Avg. Annual Appreciation
-5.06%
Original Mortgage
$145,000
Outstanding Balance
$144,720
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$195,127

Purchase Details

Listed on
Apr 26, 2020
Closed on
Jul 29, 2020
Sold by
Leininger Lee W and Leininger Laveta J
Bought by
Gibbs Lois I
Seller's Agent
Maureen Buchanan
Realty Executives Arizona Territory
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$259,900
Sold Price
$246,900
Premium/Discount to List
-$13,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$229,900
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $345,000 Arizona Escrow Company
Warranty Deed $242,000 Pioneer Title Agency Inc
Warranty Deed $242,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,000 New Conventional
Previous Owner $229,900 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2025 12/16/25 Sold $345,000 +3.0% $288 / Sq Ft
11/11/2025 11/11/25 Price Changed $335,000 -2.9% $279 / Sq Ft
10/16/2025 10/16/25 For Sale $345,000 +39.7% $288 / Sq Ft
08/03/2020 08/03/20 Sold $246,900 -5.0% $206 / Sq Ft View Prior Sale
07/05/2020 07/05/20 Pending -- -- --
04/26/2020 04/26/20 For Sale $259,900 -- $217 / 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
2026 $1,637 $27,689 $5,430 $22,259
2025 $1,637 -- -- --
2024 $1,520 $27,745 $3,979 $23,766
2023 $1,520 $23,465 $3,807 $19,658
2022 $1,469 $15,942 $3,807 $12,135
2021 $1,382 $15,942 $3,807 $12,135
2020 $1,388 $0 $0 $0
2019 $990 $0 $0 $0
2018 $973 $0 $0 $0
2017 $950 $0 $0 $0
2016 $969 $0 $0 $0
2015 $987 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Meacham

    Seller's Agent in 2025

    Josh Meacham

    HomeSmart Pros

    (928) 940-0177

    300 Total Sales

    Josh Meacham
    Section Image

  • A

    Seller Co-Listing Agent in 2025

    Anthony Marangon

    HomeSmart Pros

    (480) 948-5554

    132 Total Sales

    Anthony Marangon
    Section Image
  • Yessenia Storing

    Buyer's Agent in 2025

    Yessenia Storing

    Delex Realty, LLC

    (928) 530-1206

    8 Total Sales

    Yessenia Storing
    Section Image
  • Maureen Buchanan

    Seller's Agent in 2020

    Maureen Buchanan

    Realty Executives Arizona Territory

    (928) 951-0525

    165 Total Sales

    Maureen Buchanan
    Section Image

  • N

    Buyer's Agent in 2020

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Central Arizona Association of REALTORS®

MLS Number: 93027

Central Arizona Association of REALTORS®

APN: 302-68-201

Arizona Gila County Payson 85541

508 E Drowsey Cir, Payson, AZ

Sold

Detached

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Central Arizona Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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