Discover this well-maintained custom home offering effortless, single-level living with a low-maintenance exterior. Major updates have already been taken care of, including a new roof (2022) and a new furnace and A/C system (2023). A fully automatic Generac generator ensures you're never without power. Inside, a spacious great room provides a welcoming central living space, while both bedrooms serve as master suites—perfect for comfort and privacy. The attached garage offers flexibility and could easily be converted into a third bedroom if desired. What truly sets this property apart is its incredible workshop and RV garage—one of the best in Payson. The shop measures 46' x 32' and features a 16' x 12' RV door along with a standard garage door. There's also a separate shed and additional storage space behind the shop for all your tools, gear, or hobbies. Pride of ownership shines throughout this one-of-a-kind property.
Closed
$627,500
503 W Locust Rd, Payson, AZ 85541
2beds
1,888sqft
Single Family Residence
Built in 1994
0.42 Acres Lot
$631,800 Zestimate®
$332/sqft
$2,493 Estimated rent
Home value
$631,800
$556,000 - $720,000
$2,493/mo
Zestimate® history
Owner options
List your home for rent
$2,493/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,493/mo
Rent Zestimate®
Refinance and save
$3,691/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,691/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Rory R Huff 928-595-0136,
ERA YOUNG REALTY-PAYSON
Source: CAAR,MLS#: 92449
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Hobby Room, Work Room
Heating
- Forced Air, Propane
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Washer
- Laundry: Laundry Room
Features
- No Interior Steps, Eat-in Kitchen, Pantry, Master Main Floor, Wired for Sound
- Flooring: Carpet, Tile, Concrete
- Windows: Double Pane Windows, Skylight(s)
- Has basement: No
Interior area
- Total structure area: 1,888
- Total interior livable area: 1,888 sqft
Property
Parking
- Total spaces: 5
- Parking features: Detached, Garage Door Opener, Attached, Oversized, RV Garage, RV Gated
- Attached garage spaces: 5
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Patio
- Exterior features: Storage, Drip System, RV Hookup
- Fencing: Chain Link,N/A - Other,Partial
- Has view: Yes
- View description: Trees/Woods, Panoramic, Mountain(s)
Lot
- Size: 0.42 Acres
- Dimensions: 138 x 159 x 148 x 105
- Features: Corner Lot, Landscaped, Many Trees, Tall Pines on Lot
Details
- Additional structures: Workshop, Storage/Utility Shed
- Parcel number: 30240040A
- Zoning: R1-10MH
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Single Level,Ranch
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Wood Siding
- Roof: Asphalt
Condition
- Year built: 1994
Utilities & green energy
- Water: In Payson City Limits
Community & HOA
Community
- Security: Smoke Detector(s), Carbon Monoxide Detector(s)
- Subdivision: Unsubdivided
Location
- Region: Payson
Financial & listing details
- Price per square foot: $332/sqft
- Tax assessed value: $410,846
- Annual tax amount: $2,537
- Date on market: 6/20/2025
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan,Submit
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2026 | Sold | $627,500-5.6%$332/sqft |
Source:  CAAR #92449 Report a problem | ||
| 1/5/2026 | Contingent | $665,000$352/sqft |
Source:  ARMLS #6883178 Report a problem | ||
| 11/26/2025 | Price change | $665,000-3.7%$352/sqft |
Source: CAAR #92449 Report a problem | ||
| 6/20/2025 | Listed for sale | $690,500$366/sqft |
Source: ARMLS #6883178 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $2,634 +3.8% | $41,085 -2.5% |
| 2025 | $2,538 +3.9% | $42,158 +12.9% |
| 2024 | $2,442 +2.5% | $37,347 |
| 2023 | $2,382 +2.4% | -- |
| 2022 | $2,325 +4.1% | -- |
| 2021 | $2,234 +9.5% | -- |
| 2019 | $2,041 +7.3% | -- |
| 2018 | $1,902 -8.2% | -- |
| 2017 | $2,072 | -- |
| 2016 | $2,072 +9.9% | -- |
| 2015 | $1,886 | -- |
| 2014 | -- | -- |
| 2013 | -- | $15,572 -9.7% |
| 2012 | -- | $17,245 +1% |
| 2011 | -- | $17,067 -21.3% |
| 2010 | -- | $21,675 |
| 2009 | -- | -- |
| 2008 | $2,138 | -- |
| 2007 | -- | -- |
| 2006 | $1,980 | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
Find assessor info on the county website
Neighborhood: 85541
Nearby homes
- $595,0003 bd2 ba2k sqft904 N McLane Rd, Payson, AZ 85541Sold
- $249,500-- bd-- ba1.6k sqft505 W Locust Rd, Payson, AZ 85541Off Market
- $424,600-- bd-- ba1.4k sqft1000 N McLane Rd, Payson, AZ 85541Off Market
- $735,0005 bd3 ba3.3k sqft502 W Locust Rd, Payson, AZ 85541Sold
- $680,1003 bd3 ba2.2k sqft512 W Locust Rd., Payson, AZ 85541Off Market
- $269,900-- bd-- ba-- sqft507 W Locust Rd, Payson, AZ 85541Off Market
- $262,600-- bd-- ba1.6k sqft1002 N McLane Rd, Payson, AZ 85541Off Market
- $342,800-- bd-- ba1.2k sqft504 W Locust Rd, Payson, AZ 85541Off Market
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
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Arizona
- Gila County
- Payson
- 85541
- 503 W Locust Rd
Nearby cities
Nearby zip codes
Other Payson Topics
