1501 E Underwood Ln, Payson, AZ 85541
OFF MARKET

$1,690,200

Trulia Estimate
  • 5 Beds
  • 7 Baths
  • 4,327 sqft (on 2.08 acres)

1501 E Underwood Ln, Payson, AZ 85541

Est. Refi. Payment $9,290/mo*
Refinance Your Home
Currently Off Market - Sold Oct 28, 2022 for $1,700,000

Home Value

Trulia Estimate
$1.69M
Since last month
Decreased$20K (-1.2%)
Since last year
Decreased$19K (-1.1%)
Since last sale
Decreased$10K (-0.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +118% in the last 10 years
MonthEstimated value
2026
August 2026$1.69M
July 2026$1.71M
June 2026$1.69M
May 2026$1.7M
April 2026$1.69M
March 2026$1.69M
February 2026$1.64M
January 2026$1.62M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1606 E Becky Cir, Payson, AZ
0.18
Single-Family Home
$1,105,000
02/18/26
3
2.5
3,941
1904 N Underwood Ct, Payson, AZ
0.51
Single-Family Home
$1,100,000
07/30/26
4
3
3,590
1006 N Purple Aster Ct, Payson, AZ
0.38
Single-Family Home
$1,015,000
03/25/26
4
4.5
2,986
600 N Redbud Cir, Payson, AZ
0.79
Single-Family Home
$1,300,000
10/14/25
4
4.5
3,390
900 N Desert Mimosa Ct, Payson, AZ
0.62
Single-Family Home
$990,000
01/16/26
4
3.5
2,867
1116 N Alyssa Cir, Payson, AZ
0.27
Single-Family Home
$865,000
06/22/26
4
3
2,250
2410 E Golden Aster Cir, Payson, AZ
0.82
Single-Family Home
$1,760,000
06/15/26
4
4.5
4,800
1202 N Marissa Cir, Payson, AZ
0.36
Single-Family Home
$1,160,000
07/29/26
3
4
2,900
1210 E Heather Ct, Payson, AZ
0.26
Single-Family Home
$855,000
05/14/26
3
2
2,930
1108 N Indian Paintbrush Cir, Payson, AZ
0.80
Single-Family Home
$1,093,000
12/11/25
4
3.5
3,790

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1604 N BECKY Circle, Payson, AZ 85541
0.14
$1,290,000
3
4
3,023
Off Market
1606 E Becky Cir, Payson, AZ 85541
0.18
$1,105,000
3
2.5
3,941
Recently Sold
1302 N KAREN Way #11, Payson, AZ 85541
0.19
$219,000
-
-
-
For Sale
1300 N Karen Way, Payson, AZ 85541
0.20
$219,000
-
-
-
For Sale
1300 N KAREN Way #12, Payson, AZ 85541
0.20
$219,000
-
-
-
For Sale
1302 N Karen Way, Payson, AZ 85541
0.20
$219,000
-
-
-
For Sale
1209 N Marissa Cir, Payson, AZ 85541
0.22
$1,005,900
4
3
3,366
Off Market
1211 N Heather Cir, Payson, AZ 85541
0.21
$859,000
3
2
1,680
For Sale
1118 N Alyssa Cir, Payson, AZ 85541
0.26
$672,400
3
2
2,023
Off Market
1702 E Becky Cir, Payson, AZ 85541
0.28
$1,302,300
4
3
3,700
Off Market
1300 N Heather Cir, Payson, AZ 85541
0.26
$1,251,600
4
3.5
3,213
Off Market
1210 E Heather Ct, Payson, AZ 85541
0.26
$855,000
3
2
2,930
Recently Sold

Local Information

  • Map ViewExplore the area around 1501 E Underwood Ln.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2005
Lot Size
2.08 acres
Living Area
4,327 sqft
Price/Sqft
$391
Parking
Garage

About this House

Spectacular is not enough to describe this home, nestled in the woods on a hill with 2+ acres, and views of the Mogollon Rim and the Granite Dell Mountains wherever you look. Gather with a large group in the great room, enjoying the breath taking views of the Rim. Prepare your favorite meals in the expansive and stunning kitchen. With 3 master bedroom possibilities available, there are actually 7 possible bedrooms to satisfy all your needs. One super sized room can be a hobby room, a theater, or a sports/entertainment center. There are rooms on the half level or lower level that give privacy, and flexibility for their use. The master bedroom is dreamy with it's own deck, along with his and her vanities and closets. The mountain views while you lay in bed are like being at a resort.
1501 E Underwood Ln, Payson, AZ 85541 is a 5 bedroom, 5 bathroom, 4,327 sqft single-family home built in 2005. It last sold for $1,700,000 on Oct 28, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,690,200, with a rent estimate of $5,732/month.

Home Details for 1501 E Underwood Ln

Interior Features

Heating & Cooling
Heating: Forced Air, GasCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 3Floors: Tile, Carpet
Appliances & Utilities
DishwasherMicrowaveRefrigerator

Exterior Features

Exterior Home Features
Roof: OtherExterior: Stucco
Parking & Garage
GarageParking Spaces: 6Parking: Garage Attached

Property Information

Year Built
Year Built: 2005
Property Type / Style
Property Type: Single Family HomeArchitecture: Contemporary

Lot Information

Lot Area: 2.08 acres

Price and Tax history

DateEventPrice
Oct 28, 2022
Source: ARMLS #6441267
Sold
$1,700,000
Aug 12, 2022
Source: CAAR #87241
Pending
$1,750,000
Aug 1, 2022
Source: CAAR #87241
Contingent
$1,750,000
Jul 28, 2022
Source: ARMLS #6441267
Listed For Sale
$1,750,000
Jul 5, 2022
Source: CAAR #86208
ListingRemoved
$1,895,000

Market trends in Payson

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$463K
$1KMoM
Sale-to-List Price
98.0%
0.1%MoM
Price per sq ft
$303
$10MoM
Available listings
313
6MoM

Around this home

What Locals Say about Payson

At least 89 Trulia users voted on each feature.

  • 89 % Say it's dog friendly

  • 88 % Say yards are well-kept

  • 87 % Say there's wildlife

  • 86 % Say parking is easy

  • 84 % Say car is needed

  • 76 % Say there's holiday spirit

  • 75 % Say it's quiet

  • 72 % Say people would walk alone at night

  • 61 % Say neighbors are friendly

  • 54 % Say they plan to stay for at least 5 years

  • 53 % Say kids play outside

  • 50 % Say it's walkable to restaurants

  • 47 % Say it's walkable to grocery stores

  • 39 % Say there are community events

  • 26 % Say there are sidewalks

  • 17 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Bruce Palmer
    "Nice dog park in the neighborhood, and lots of dog owners walk their dog around the neighborhood regularly. "
    0
    Flag
  • Bruce Palmer
    "Dog friendly area. There’s a nice dog park in the neighborhood, by the library.Lots of people walk their dogs around the neighborhood "
    0
    Flag
  • Bruce Palmer
    "People are frequently seen walking their dogs in this neighborhood. Also, there is a nice dog park across the street at Rumsey Park."
    0
    Flag
  • Jay Martin
    "It’s great to be so close to the Phoenix area but be in the pines and cooler temperatures. Great variety of stores and restaurants. "
    0
    Flag
  • Karen Schendel-carlen
    "Free Concerts and movies in the park . Greatest place in Arizona to watch 4 th of July fireworks. Fantastic camping, hiking, biking and fishing. "
    0
    Flag
  • Shari S.
    "No sidewalks to walk on...you have to walk in the street. Dog-friendly neighborhood and lots of familiars dog owners. Because of the wildlife, you must go out with your small dogs, you can’t leave them out alone. "
    43
    Flag
  • Shari S.
    "Love the small town fell and the neighborhood. I do wish we had sidewalks to walk on. It’s very dangerous to walk in the narrow streets. "
    2
    Flag
  • Ljmyrick63
    "I only live here part time, but the neighborhood is friendly and well kept. Ramsey park is very close with many amenities including multiple sport fields, dog park, library, pool, children’s play area, bbq areas, skating park and a hiking trail. Payson is a vey outdoorsy place with 35 hiking trail around the city limits and many, many more trails, water areas, camping etc. Truly an outdoor persons dream place."
    5
    Flag
  • Mark
    "Dogs are welcome and everyone has multiple ones it seems like. Great place to raise dogs and kids alike. "
    1
    Flag
  • Mark
    "You see people walking dogs all the time. A lot of people take their dogs with them. People as a whole seem very dog friendly. "
    0
    Flag
  • Anne M. H.
    "I have lived here for 10 years. The neighbors are great and watch each other's home when were not around."
    7
    Flag
  • Heather
    "friendly people. beautiful mountains rivers and hiking. active community as well as many retirees. a"
    0
    Flag
  • Mary G. .
    "Just moved here from Southern California. Love it so much! The people are so warm and friendly. I look forward to seeing the sights and library and pretty much everything around here."
    1
    Flag
  • Wendy B.
    "100 miles from the big city. Mild climate compared to Phoenix blistering summers.. lake and creeks, tons of hiking trails. Beautify town"
    0
    Flag
  • Debbie L. E.
    "Great neighbors and neighborhood! Beautiful views and wildlife all around. Every house is unique...not “cookie cutter” at all!"
    0
    Flag
  • Christopher G.
    "I walk dogs every week. Most dog owners in town have their dogs under control. One got out of it's yard one time while I was running another dog. It charged us looking defensive but as soon as I ran at the dog it peed itself and jumped back over the fence. "
    0
    Flag
  • Cynthia
    "Great friendly neighbors, convenient location and the weather is awesome year around. We love the hiking, fishing and outdoor activities as well as the community activities."
    0
    Flag
  • Sharon M.
    "Visiting with neighbors Helping one in need Pride of Ed Just having fun with people Singing old songs of the c"
    0
    Flag
  • Nancy Berlin Jones
    "I have owned this home since 12/16 and the neighbors are very friendly. Yes- we watch out for each other to a respectful degree! The wildlife is pretty cool- elk, javelinas, quail. We have privacy, light traffic, trees, and views."
    25
    Flag
  • Saralewis
    "It’s a close walk to the green valley park and historical Main Street. The down side is there aren’t sidewalks and people drive Very fast down this street. There are also not too many street lights so people usually walk their dogs during the day to the park. "
    0
    Flag
  • Rustyandmariah
    "I’ve lived in the Payson area my entire life. The town is a great little mountain town. The people are friendly and there fun little shops and restaurants. If you love 4 seasons and the outdoors this is one of the best places to live. And if you don’t like the current weather you can wait 15 mins or drive 15 mins in any direction and it will change. "
    5
    Flag
  • Status202
    "My in laws live here and we come to visit about 6 times a year. This area is amazing if you are looking to camp, hike, bike, fish, hunt atv and enjoy the wild life. "
    1
    Flag
  • Bristolleos123
    "Car shows. Rodeo’s. Farmers markets. Small town vibe. Weekend retreats. Many church’s. Youth activities sports "
    0
    Flag
  • Yellow77roses
    "We are up above town! We have 360 veiw of the rims/ mountains! lots of wilds life still running around up here in Payson , Arizona"
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1501 E Underwood Ln

  • What is 1501 E Underwood Ln estimated to be worth?
    Trulia's estimated value for 1501 E Underwood Ln in Payson, AZ is $1,690,200.
  • What is the price history for 1501 E Underwood Ln?
    1501 E Underwood Ln in Payson, AZ last sold for $1,700,000 in October 2022.
  • Is Payson a buyer's or seller's market?
    Payson is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Payson?
    The median sale price in Payson is $463K. That is up $1K from the prior month.
  • Does 1501 E Underwood Ln have air conditioning?
    Yes, 1501 E Underwood Ln in Payson, AZ has air conditioning.
  • How big is the lot at 1501 E Underwood Ln?
    The lot at 1501 E Underwood Ln in Payson, AZ is about 2.1 acres.

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