$895,000

502 W Locust Rd Payson, AZ 85541

$10,000
Closing credit¹
5 beds
3 baths
3,328 sqft
0.9 acres
$269 / sqft
House

Property details

About 502 W Locust Rd

Mountain living at its best! This well-designed home offers a spacious layout with a walk-out basement, huge storage space, and an interior workshop. Enjoy a nearly 1-acre lot from your private rear deck. Features include solar panels to be paid off by seller at closing with title and warranty transferred to buyer, private well + city water, new appliances, garden sheds, and a 4-car garage. Perfect for full-time or seasonal living. Livestock and horses allowed with simple city permit.

Highlights

Home typeSingle Family Residence
StatusActive
CoolingOther
Size3,328 sqft
Lot size0.9 Acres
Year built1997
MLS #6862132
Garage4 spaces
Fireplace2 Fireplace, Family Room, Living Room, Gas

Summary

  • Interior: Full Bth Master Bdrm
  • Fireplace: 2 Fireplace, Family Room, Living Room, Gas
  • Total Bedroom Count: 5
  • Garage Space: 4 spaces
  • Private Pool: No
  • Heating: None
  • Cooling: Other
  • List Price: $895,000
  • Price/SqFt: $268
  • Annual Tax Amount: $2,909
  • Tax Year: 2024
  • Lot: Desert Back
  • Year Built: 1997
  • Stories: 2
  • Living Area: 3,328 SqFt
  • Lot Size: 0.9 Acres
  • MLS Number: 6862132
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Realty ONE Group
  • Office Phone: (480) 321-8100
  • Office Email: ron.copus@realtyonegroup.com
  • Listing Agent: Geoffrey Adams

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/27/2025, 2:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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502 W Locust Rd, Payson, AZ 85541 - ranch-style home with concrete driveway, a porch, a garage, and stucco siding

$895,000

502 W Locust Rd

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$50,169$2,909
2023$45,045$2,812
2022$25,350$2,728
2021$25,350$2,528
2020$25,350$2,365
2019$23,420$2,365
2018$24,002$2,201

History based on county public records data.

Nearby schools

4

Julia Randall Elementary School

Public District 3-5

1.6 mi

902 W Main St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,095. Most Payson, AZ residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

33%
<35k
54%
35k-100k
12%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
5%
Single, with Kids
51%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
5%
12-17 yrs old
8%
18-34 yrs old
38%
35-64 yrs old
41%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Stein MartStein Mart
  • KmartKmart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • ArbysArbys

What do the neighbors drive?

  • LincolnLincoln
  • BuickBuick
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Adult StandardsAdult Standards
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 502 W Locust Rd

The listing price of 502 W Locust Rd property is $895,000.

The property 502 W Locust Rd is a house located in Payson, Arizona, 85541.

Active Listing: 502 W Locust Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 502 W Locust Rd are: Julia Randall Elementary School (GreatSchools Rating 4/10), Rim Country Middle School (GreatSchools Rating 5/10), Payson High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $2,909 (source: MLS/based on county public records data).

The property at 502 W Locust Rd has 5 bedrooms and 3 bathrooms.

The property 502 W Locust Rd is 3,328 SqFt (source: MLS/tax record).

The year of construction for 502 W Locust Rd is 1997.

This home is located at 502 W Locust Rd in Payson, AZ and zip code 85541. This 3,328 square foot home, which was built in 1997, sits on a 0.90 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 21, 2025 and is currently priced at $895,000.

In May 2025, from all listings sold in Payson, AZ there were more than 2 sold above asking price, over 20 sold below and more than 6 were sold right at the asked price. Between April and May 2025, Payson, AZ real estate market has seen increase in the number of listings by 10.2%. In May 2025 median list price was $491,666 and the average listing age was 84 days.

From Rocket Homes Real Estate and based on county public records data.

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