503 W Locust Rd, Payson, AZ 85541
Property image
Property image
SOLD
FEB 6, 2026

503 W Locust Rd
Payson, AZ 85541

  • 2 Beds
  • 2.5 Baths
  • 1,888 sqft (on 0.42 acres)

$627,500

Last Sold: Feb 6, 2026
6% below list $665K
$332/sqft
Est. Refi. Payment $3,487/mo*
Refinance Your Home

$627,500

Last Sold: Feb 6, 2026
6% below list $665K
$332/sqft
Est. Refi. Payment $3,487/mo*
Refinance Your Home
2 Beds
2.5 Baths
1,888 sqft
(on 0.42 acres)

Home Value

Trulia Estimate
$635K
Since last month
Increased$7K (+1.1%)
Since last year
Decreased$16K (-2.4%)
Since last sale
Increased$8K (+1.3%)
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 +148% in the last 10 years
MonthEstimated value
2026
August 2026$636K
July 2026$628K
June 2026$629K
May 2026$632K
April 2026$629K
March 2026$630K
February 2026$628K
January 2026$627K
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
1106 N Monte Rosa Ln, Payson, AZ
0.27
Single-Family Home
$465,000
08/06/26
3
2
2,678
602 W Forest Dr, Payson, AZ
0.20
Single-Family Home
$415,000
03/10/26
3
3
1,604
504 W Sherwood Dr, Payson, AZ
0.14
Single-Family Home
$340,000
06/03/26
2
2
1,267
1103 N Tyrolean Dr, Payson, AZ
0.15
Single-Family Home
$347,500
05/04/26
2
2
1,380
413 W Black Forest Ln, Payson, AZ
0.21
Single-Family Home
$440,000
12/16/25
3
2
1,670
502 W Locust Rd, Payson, AZ
0.04
Single-Family Home
$735,000
01/14/26
5
3
3,328
1101 N McLane Rd, Payson, AZ
0.12
Single-Family Home
$741,860
06/15/26
4
2
2,220
1015 N Monarch Dr, Payson, AZ
0.35
Single-Family Home
$800,000
06/18/26
3
2.5
2,989

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
502 W Locust Rd, Payson, AZ 85541
0.04
$735,000
5
3
3,328
Recently Sold
403 W Sherwood Dr, Payson, AZ 85541
0.08
$547,500
3
2.5
1,860
For Sale
904 N McLane Rd, Payson, AZ 85541
0.03
$595,000
3
2
2,016
Recently Sold
406 W Sherwood Dr, Payson, AZ 85541
0.11
$391,700
3
2
1,323
Off Market
410 W Sherwood Dr, Payson, AZ 85541
0.12
$395,600
2
2
1,204
Off Market
502 W Sherwood Dr, Payson, AZ 85541
0.13
$405,400
3
3
1,549
Off Market
405 W Saint Moritz Dr, Payson, AZ 85541
0.13
$444,400
2
2.5
1,740
Off Market
403 W Saint Moritz Dr, Payson, AZ 85541
0.13
$412,400
3
2
1,521
Off Market
1101 N McLane Rd, Payson, AZ 85541
0.12
$741,860
4
2
2,220
Recently Sold
504 W Sherwood Dr, Payson, AZ 85541
0.14
$340,000
2
2
1,267
Recently Sold
503 W Saint Moritz Dr, Payson, AZ 85541
0.15
$332,200
2
1
1,004
Off Market

Local Information

  • Map ViewExplore the area around 503 W Locust Rd.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1994
Lot Size
0.42 acres
Living Area
1,888 sqft
Price/Sqft
$332/sqft
Parking
5 Car Garage

About this House

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.
503 W Locust Rd, Payson, AZ 85541 is a 2 bedroom, 3 bathroom, 1,888 sqft single-family home built in 1994. It last sold for $627,500 on Feb 6, 2026 (6% below the $665,000 asking price). It is currently off market. The Trulia Estimate is $634,900, with a rent estimate of $2,383/month.
Last check for updates: about 2 hours ago
Listed by Rory R Huff, (928) 595-0136
ERA YOUNG REALTY-PAYSON
Source: CAAR, MLS#92449

Home Details for 503 W Locust Rd

Active Status

MLS Status: Closed

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1888 Square Feet
Appliances & Utilities
Laundry: Laundry Room
Heating & Cooling
Heating: Forced Air,PropaneHas CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Forced Air
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Carpet, Tile, Concrete
Levels, Entrance, & Accessibility
Floors: Carpet, Tile, Concrete
View
Has a ViewView: Trees/Woods, Panoramic, Mountain(s)
Security
Security: Smoke Detector(s), Carbon Monoxide Detector(s)

Exterior Features

Exterior Home Features
Fencing: Chain Link, PartialOther Structures: WorkshopExterior: Drip System, RV Hookup
Parking & Garage
Number of Garage Spaces: 5Number of Covered Spaces: 5No CarportGarageHas an Attached GarageParking Spaces: 5Parking: RV Gated,Detached,Garage Door Opener,Attached,Oversized,RV Garage
Frontage
Road Frontage: Blacktop Street
Farm & Range
Not Allowed to Raise Horses

Property Information

Year Built
Year Built: 1994
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Stucco, Wood Frame, Wood Siding
Property Information
Parcel Number: 30240040A

Price & Status

Price
List Price: $665,000Price Per Sqft: $332/sqft
Status Change & Dates
Off Market Date: Fri Feb 06 2026Possession Timing: Close Of Escrow

Media

Location

Direction & Address
City: PaysonCommunity: Unsubdivided

Building

Building Area
Building Area: 1888 Square Feet

Lot Information

Lot Area: 0.42 Acres

Offer

Listing Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan, Submit

Miscellaneous

Mls Number: 92449Showing Service Name: Broker Bay

Price and Tax history

DateEventPrice
Feb 6, 2026
Source: CAAR #92449
Sold
$627,500
Jan 5, 2026
Source: ARMLS #6883178
Contingent
$665,000
Nov 26, 2025
Source: CAAR #92449
PriceChange
$665,000
Price decreased by 4%
Jun 20, 2025
Source: ARMLS #6883178
Listed For Sale
$690,500

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

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently asked questions about 503 W Locust Rd

  • What is 503 W Locust Rd estimated to be worth?
    Trulia's estimated value for 503 W Locust Rd in Payson, AZ is $634,900.
  • What is the price history for 503 W Locust Rd?
    503 W Locust Rd in Payson, AZ last sold for $627,500 in February 2026.
  • 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 503 W Locust Rd have air conditioning?
    Yes, 503 W Locust Rd in Payson, AZ has air conditioning.
  • Does 503 W Locust Rd have laundry facilities?
    Yes, 503 W Locust Rd in Payson, AZ has laundry facilities.

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