Stellar custom built Iverson home near Rumsey Park. This beautiful 5BDRM3BA/4CG stucco home has 3328sf of living space. Main level offers spacious living area with fireplace, built in cabinets & shelving and vaulted ceiling. Kitchen has oak cabinets, electric range, refrigerator and dishwasher with dining area. Utility room off the garage has a sink and washer & dryer. Master bedroom can easily hold a king bed and has laminate flooring with walk-in closet and full bathroom. Additional two bedrooms and guest bathroom on main level. Downstairs is a massivie family room with gas fireplace and built-ins. Sliding glass door to the back yard. Two more bedrooms downstairs with a full bathroom. There is also a storage room and a workshop in the finished basement! Property is just shy of one acre and is fenced. Established garden and nice sheds. Large covered back porch overlooks the natural vegetation and tall pines.Private well is also on the property and home is connected to city water. Home has solar energy and panels that will be paid off by the Seller at closing. New roof in 2023 and No HOA! Plenty of extra room for parking and one of that garage stalls is for tandem parking, for a total of four parking spaces. Home is close to town and the library. Must see to appreciate.
Closed
$735,000
502 W Locust Rd, Payson, AZ 85541
5beds
3,328sqft
Single Family Residence
Built in 1997
0.9 Acres Lot
$-- Zestimate®
$221/sqft
$2,626 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,626/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Deborah A Rose 928-478-2000,
Realty ONE Group
Source: CAAR,MLS#: 93210
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Propane
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Washer
- Laundry: Laundry Room
Features
- Vaulted Ceiling(s), Master Main Floor
- Flooring: Carpet, Laminate, Concrete
- Windows: Double Pane Windows
- Basement: Finished,Walk-Out Access,Basement
- Has fireplace: Yes
- Fireplace features: Wood Burning Stove, Living Room, Gas, Two or More
Interior area
- Total structure area: 3,328
- Total interior livable area: 3,328 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage Door Opener, Attached, Oversized, Tandem
- Attached garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Exterior features: Storage
- Fencing: Chain Link,Wood
Lot
- Size: 0.90 Acres
- Dimensions: 168.57 x 233.41 x 168.57 x 233.41
- Features: Cul-De-Sac, Many Trees, Tall Pines on Lot
Details
- Additional structures: Workshop, Storage/Utility Shed
- Parcel number: 30240173D
- Zoning: R1-10
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame
- Roof: Asphalt
Condition
- Year built: 1997
Details
- Builder name: Iverson Builders
Utilities & green energy
- Water: In Payson City Limits
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Payson
- Subdivision: Unsub Payson West
HOA & financial
HOA
- Association name: None
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Listing removed | $2,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/18/2026 | Price change | $2,250-6.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/26/2026 | Price change | $2,400-4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/23/2026 | Price change | $2,500-3.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/9/2026 | Listed for rent | $2,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/14/2026 | Sold | $735,000$221/sqft |
Source:  CAAR #93210 Report a problem | ||
| 12/18/2025 | Pending sale | $735,000$221/sqft |
Source: CAAR #93210 Report a problem | ||
| 12/15/2025 | Listed for sale | $735,000-13%$221/sqft |
Source: CAAR #93210 Report a problem | ||
| 11/1/2025 | Listing removed | $845,000$254/sqft |
Source:  ARMLS #6862132 Report a problem | ||
| 7/11/2025 | Price change | $845,000-5.6%$254/sqft |
Source: CAAR #92295 Report a problem | ||
| 6/17/2025 | Price change | $895,000-3.2%$269/sqft |
Source: CAAR #92295 Report a problem | ||
| 5/21/2025 | Listed for sale | $925,000$278/sqft |
Source: ARMLS #6862132 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,013 +3.6% | $53,278 +6.2% |
| 2024 | $2,909 +3.5% | $50,169 |
| 2023 | $2,812 +3.1% | -- |
| 2022 | $2,729 +4.5% | -- |
| 2021 | $2,610 +10.3% | -- |
| 2019 | $2,366 +7.5% | -- |
| 2018 | $2,201 -3.6% | -- |
| 2017 | $2,284 | -- |
| 2016 | $2,284 +8.2% | -- |
| 2015 | $2,111 | -- |
| 2014 | -- | -- |
| 2013 | -- | $20,092 |
| 2012 | -- | $20,092 -53.5% |
| 2011 | -- | $43,208 -0.9% |
| 2010 | -- | $43,614 |
| 2009 | -- | -- |
| 2008 | $1,951 | -- |
| 2007 | -- | -- |
| 2006 | $1,947 | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
Find assessor info on the county website
Neighborhood: 85541
Nearby schools
GreatSchools rating
- NAPayson Elementary SchoolGrades: K-2Distance: 0.9 mi
- 5/10Rim Country Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Payson High SchoolGrades: 9-12Distance: 1.1 mi
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- Arizona
- Gila County
- Payson
- 85541
- 502 W Locust Rd