$407,000
$25K PRICE DROP

510 Possum Ln Payson, AZ 85541

Estimated payment $2,485/month

Total Views 6,882
3 Beds
2 Baths
1,423 Sq Ft
$286 Price per Sq Ft

Highlights

  • Mountain View
  • Furnished
  • Tennis Courts
  • Main Floor Primary Bedroom
  • Granite Countertops
  • Eat-In Kitchen

About This Home

*NOW LISTED $26,000 BELOW APPRAISAL!* Nestled on the outskirts of Payson, this cozy cabin offers the ideal blend of rustic charm & modern convenience. Surrounded by scenic beauty & wildlife, all while having access to amazing amenities & outdoor recreation. This upgraded mountain home has been thoughtfully remodeled for comfort & style. Highlights include a new $40k Septic System in '24, new HVAC in '21, & full remodel. The kitchen has been transformed w/ stunning granite counters & a convenient coffee bar. New wood laminate flooring, paint, & trim provide a cozy feel. The fully upgraded bathroom offers contemporary finishes, with three large Bedrooms D/S. The finished attic provides a large 2nd family room & 4th sleeping area/bedroom! Ask about an option to add a 2nd Bath! Keep Reading: Additional upgrades include a brand-new front door, a new slider door in the master bedroom that opens to the outdoors, and freshly installed closet doors in all the bedrooms. The home has been freshly painted with new trim throughout, giving it a bright and airy feel. Other recent improvements include the expanded patio area, the perfect spot to roast marshmallows or listen to the wind whip through the pine trees, and a full roof replacement on the storage shed, both completed in 2022. Currently, the home has three bedrooms + a 4th loft bedroom and one bathroom. The owners have received a bid to add a 2nd bathroom downstairs which would reduce the downstairs bedrooms from 3 to 2, but would add the 2nd bathroom. The cost to do this would be $20k (see bid in Docs tab).
**If you'd like to add a second bathroom, the sellers are offering a $20,000 credit to cover that bathroom addition at a sale price of $427,000!!! As the home appraised for $433,000 as-is, even with the $427,000 sale price, you'd still be under appraised value AND would get a brand new bathroom! For those looking for an investment opportunity, this cabin is currently an active and successful Airbnb averaging close to $30,0000 in rental revenue annually. The furnishings are also available, allowing you to take on renal cash flow on Day 1! Enjoy the serene, nature-filled environment while taking advantage of the incredible community amenities of Beaver Valley, including a community center with tennis, basketball, and pickleball courts, a playground and park, and seasonal events. And if that isn't enough, the East Verde River runs through the neighborhood and is stocked with fish seasonally, perfect for fishing enthusiasts! Hiking trails and miles of National Forest access are just moments away, making this the ultimate outdoor retreat. This beautiful cabin is move-in ready, offering everything you need to relax, unwind, and experience the best of Arizona mountain living for many years to come. Come see it for yourself!

Listing Agent

Blaine Wiggins

HomeSmart License #SA651238000 Listed on: 02/07/2025

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,610

Year Built

  • Built in 2001

Lot Details

  • 6,970 Sq Ft Lot
  • Partially Fenced Property
  • Block Wall Fence
  • Chain Link Fence

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • Room Addition Constructed in 2021
  • Roof Updated in 2022
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,423 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Family Room with Fireplace
  • Mountain Views

Kitchen

  • Kitchen Updated in 2021
  • Eat-In Kitchen
  • Electric Cooktop
  • Granite Countertops

Flooring

  • Floors Updated in 2021
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom Updated in 2021
  • 2 Bathrooms

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Payson Elementary School
  • Rim Country Middle School
  • Payson High School

Utilities

  • Cooling System Updated in 2021
  • Central Air
  • Heating unit installed on the ceiling
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 96
  • Assessor Parcel Number 302-17-162-B

Community Details

Overview

  • Association fees include ground maintenance
  • Beaver Valley HOA, Phone Number (623) 256-1222
  • Beaver Valley Subdivision

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,610

Year Built

Built in 2001

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Cross Street: HWY 260 & Houston Mesa Rd.
  • Legal Info Range: 10E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 20.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2021
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2021
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2021
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2021
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2021
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2022
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • Tax Year: 2024
  • Directions: Go North on Hwy 260. Turn right on Houston Mesa Rd. Turn left into Beaver Valley community to Sleepy Hollow. Turn right on Sleepy Hollow to left on Possum. Property is on the left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: Beaver Valley
  • Architectural Style: Other
  • Property Attached Yn: No
  • Tax Parcel Letter: B
  • Association Fees:HOA Fee2: 240.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Possible Use: Other
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Master Downstairs, Eat-in Kitchen, Furnished(See Rmrks)
  • Living Area: 1423.0
  • Stories: 2
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Pickleball Court(s): Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Chain Link, Partial
  • Exterior Features: Storage
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric, Ceiling
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes
  • Heating:Ceiling: Yes

Condo/Co-op/Association

  • Community Features: Pickleball, Tennis Court(s), Playground
  • Association Fee: 240.0
  • Association Fee Frequency: Annually
  • Association Name: Beaver Valley HOA
  • Phone: 623-256-1222
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Beaver Valley HOA
  • Association Fees:HOA Telephone4: 623-256-1222
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Payson Elementary School
  • High School: Payson High School
  • Junior High Dist: Payson Unified District
  • Middle Or Junior School: Rim Country Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6970.0
  • Parcel #: 302-17-162-B

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2610.0
  • Tax Book Number: 302.00
  • Tax Lot: 96
  • Tax Map Number: 17.00

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

Property History

Date Event Price Change Sq Ft Price
07/04/2025 07/04/25 Price Changed $407,000 -0.5% $286 / Sq Ft
06/27/2025 06/27/25 Price Changed $409,000 -5.5% $287 / Sq Ft
05/16/2025 05/16/25 Price Changed $432,900 +3.3% $304 / Sq Ft
04/04/2025 04/04/25 Price Changed $419,000 -1.4% $294 / Sq Ft
03/07/2025 03/07/25 Price Changed $425,000 -1.6% $299 / Sq Ft
02/07/2025 02/07/25 For Sale $432,000 -- $304 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6817517

Arizona Regional Multiple Listing Service (ARMLS)