$730,000
$120K PRICE DROP

87 N Loafer Canyon Rd Payson, UT 84651

Estimated payment $4,241/month

Total Views 13,368
5 Beds
3 Baths
3,560 Sq Ft
$205 Price per Sq Ft

Highlights

  • Horse Property
  • RV or Boat Parking
  • Mature Trees
  • Home Theater
  • 0.86 Acre Lot
  • Mountain View

About This Home

MOTIVATED SELLER! Large Price Reduction! Don't miss this country living at the edge of the city! This property features 0.86 acres with livestock corrals and plenty of landscape to host summer fire pit gatherings. The home features 5 bedrooms with 3 full baths at 3558 square feet. The kitchen has an open floor plan for those friend and family gatherings. The HVAC system has separate controls for the upper and lower living spaces for your comfort. Lower HVAC replaced June 2025 with 10 year manufacturer warranty. The master suite and one guest bedroom have balconies overlooking the property. Wildlife and panoramic views are throughout the Elk Ridge area. Drive up Loafer Canyon Road for more mountain scenery. Bring offer!

Listing Agent

Sven Nelson

Real Estate Exchange, Inc. License #5451200 Listed on: 04/10/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,253

Year Built

  • Built in 1996

Lot Details

  • 0.86 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Hilly Lot
  • Mature Trees
  • Pine Trees
  • Vegetable Garden
  • Property is zoned Single-Family

Parking

  • 2 Car Attached Garage
  • 5 Open Parking Spaces
  • RV or Boat Parking

Home Design

  • Stucco

Interior Spaces

  • 3,560 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Double Pane Windows
  • Shades
  • Home Theater
  • Mountain Views
  • Fire and Smoke Detector
  • Gas Dryer Hookup

Kitchen

  • Double Oven
  • Gas Oven
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Horse Property
  • Balcony
  • Covered Patio or Porch
  • Outbuilding

Schools

  • Mt Loafer Elementary School
  • Salem Jr Middle School
  • Salem Hills High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Loafer Canyon Subdivision

Listing and Financial Details

  • Exclusions: Dryer, Freezer, Refrigerator, Washer
  • Assessor Parcel Number 45-156-0003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,253

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 0.86
  • Lot Size: 0.0x0.0x0.0
  • Inclusions: Ceiling Fan, Microwave, Range, Range Hood, Window Coverings
  • Subdivision Name: LOAFER CANYON
  • Above Grade Finished Sq Ft: 3560.0
  • Architectural Style: Stories: 2
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1996
  • Accessory Dwelling Unit: No
  • Primary Bedroom Level: Floor: 2nd
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Ceiling Fan, Microwave, Range Hood
  • Other Equipment: Window Coverings
  • Accessibility Features: Accessible Electrical and Environmental Controls, Single Level Living
  • Has Basement: None
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Alarm: Fire, Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In, Disposal, Jetted Tub, Oven: Double, Oven: Gas, Range/Oven: Free Stdng., Vaulted Ceilings, Instantaneous Hot Water, Theater Room
  • Living Area: 3560.0
  • Main Level Bedrooms: 1
  • Window Features: Part, Shades

Exterior Features

  • Lot Features: Curb & Gutter, Fenced: Part, Road: Paved, Terrain: Hilly, View: Mountain
  • Pool Private: No
  • Topography: Curb & Gutter, Fenced: Part, Road: Paved, Terrain, Flat, Terrain: Hilly, View: Mountain
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No
  • Exclusions: Dryer, Freezer, Refrigerator, Washer
  • Home Warranty: No
  • Construction Type: Stucco, Other
  • Direction Faces: East
  • Exterior Features: Balcony, Double Pane Windows, Horse Property, Out Buildings, Patio: Covered, Porch: Open
  • Patio And Porch Features: Covered, Porch: Open
  • Property Condition: Blt./Standing
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 5.0
  • Open Parking: No
  • Parking Features: Rv Parking
  • Total Parking Spaces: 7.0

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
  • Security: Fire Alarm
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas: Central
  • Heating Yn: Yes
  • Sewer: Sewer: Connected, Sewer: Public
  • Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
  • Water Source: Culinary

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Mt Loafer
  • Junior High Dist: Nebo
  • High School: Salem Hills
  • Middle Or Junior School: Salem Jr

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 37461.6
  • Parcel #: 45-156-0003
  • Zoning Description: RES
  • Zoning: Single-Family

Tax Info

  • Tax Annual Amount: 3253.0

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 $3,253 $607,900 $243,400 $364,500
2024 $3,253 $334,235 $0 $0
2023 $3,353 $345,455 $0 $0
2022 $3,585 $363,495 $0 $0
2021 $3,046 $477,700 $161,300 $316,400
2020 $2,941 $447,500 $140,300 $307,200
2019 $2,546 $394,800 $127,700 $267,100
2018 $2,457 $364,900 $116,100 $248,800
2017 $2,465 $195,360 $0 $0
2016 $2,255 $174,460 $0 $0
2015 $2,021 $153,285 $0 $0
2014 $1,732 $132,110 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Price Changed $730,000 -1.4% $205 / Sq Ft
06/20/2025 06/20/25 Price Changed $740,000 -1.1% $208 / Sq Ft
05/21/2025 05/21/25 Price Changed $748,000 -1.6% $210 / Sq Ft
05/16/2025 05/16/25 Price Changed $760,000 -2.6% $213 / Sq Ft
05/13/2025 05/13/25 Price Changed $780,000 -0.6% $219 / Sq Ft
05/04/2025 05/04/25 Price Changed $785,000 -1.9% $221 / Sq Ft
04/30/2025 04/30/25 Price Changed $799,900 -2.5% $225 / Sq Ft
04/19/2025 04/19/25 Price Changed $820,000 -1.8% $230 / Sq Ft
04/16/2025 04/16/25 Price Changed $835,000 -1.8% $235 / Sq Ft
04/09/2025 04/09/25 For Sale $850,000 -- $239 / Sq Ft
Source: UtahRealEstate.com

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Truly Title Inc Utah
Warranty Deed -- Stewart Title Ins Agenyc
Quit Claim Deed -- Stewart Title Ins Agcy Of Ut
Warranty Deed -- First American Title Co Llc
Interfamily Deed Transfer -- None Available
Warranty Deed -- Inwest Title Services Inc
Warranty Deed -- Backman Title Services Ltd
Warranty Deed -- Nations Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,037 Credit Line Revolving
Closed $60,000 New Conventional
Closed $9,280 Credit Line Revolving
Open $396,000 New Conventional
Previous Owner $363,000 No Value Available
Previous Owner $320,000 No Value Available
Previous Owner $255,000 No Value Available
Previous Owner $192,500 No Value Available
Source: Public Records

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Source: UtahRealEstate.com

MLS Number: 2076358

UtahRealEstate.com

APN: 45-156-0003