Closed

$1,050,000

1203 E Cedar Ln, Payson, AZ 85541

3beds

2,192sqft

Single Family Residence

Built in 2018

2.07 Acres Lot

$1,059,500 Zestimate^®

$479/sqft

$3,204 Estimated rent

Home value

$1,059,500

$932,000 - $1.21M

$3,204/mo

Zestimate^® history

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$3,204/mo

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$3,204/mo

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$6,444/mo

Est. payment

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$6,444/mo

Est. payment

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What's special

Soft water systemMultiple updated light fixturesMature pine treesInterior and exterior paintNew carpetOutdoor spaImpressive natural rock formations

Located on over 2 acres in the desirable Forest Edge subdivision, this property offers privacy, beautiful Granite Dells mountain views, mature pine trees, and impressive natural rock formations. The entrance off Cedar provides added privacy, and there is a large buildable area at the front of the property ideal for a guest house or detached garage. A detached office with mini-split HVAC provides a great work-from-home space. The fenced backyard is perfect for pets and outdoor enjoyment and includes an outdoor spa and synthetic turf putting green. Recent updates include: interior and exterior paint, new carpet, garage cabinetry and floor coating, soft water system, tongue-and-groove wood ceilings on the front and back patios, interior fans, and multiple updated light fixtures.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Electric, Forced Air, Heat Pump

Cooling

Central Air, Heat Pump

Appliances

Included: Water Softener
Laundry: Laundry Room

Features

Vaulted Ceiling(s), Eat-in Kitchen, No Interior Steps, Breakfast Bar, Living-Dining Combo, Kitchen-Dining Combo, Pantry, Kitchen Island
Flooring: Carpet, Tile, Concrete
Windows: Double Pane Windows
Has basement: No
Has fireplace: Yes
Fireplace features: Insert, Gas

Interior area

Total structure area: 2,192
Total interior livable area: 2,192 sqft

Property

Parking

Total spaces: 3
Parking features: Oversized
Garage spaces: 3

Features

Spa features: Spa/Hot Tub
Fencing: Chain Link
Has view: Yes
View description: Panoramic, Mountain(s)

Lot

Size: 2.07 Acres
Features: Landscaped, Tall Pines on Lot, Corners Marked

Details

Parcel number: 30470001
Zoning: Residentail

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Wood Frame, HardiPlank Type

Condition

Year built: 2018

Utilities & green energy

Water: In Payson City Limits

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Forest Edge

HOA

Has HOA: Yes
HOA fee: $50 annually

Location

Region: Payson

Financial & listing details

Price per square foot: $479/sqft
Tax assessed value: $681,420
Annual tax amount: $5,325
Date on market: 3/13/2026
Listing terms: Cash,Conventional

Price history

Date	Event	Price
5/28/2026	Sold	$1,050,000-0.9%$479/sqft
Source: CAAR #93597 Report a problem
4/22/2026	Pending sale	$1,060,000$484/sqft
Source: ARMLS #6998104 Report a problem
4/21/2026	Price change	$1,060,000-0.9%$484/sqft
Source: ARMLS #6998104 Report a problem
3/25/2026	Price change	$1,070,000-2.3%$488/sqft
Source: CAAR #93597 Report a problem
3/13/2026	Listed for sale	$1,095,000+42.2%$500/sqft
Source: ARMLS #6998104 Report a problem
3/22/2023	Sold	$770,000-9.4%$351/sqft
Source: Public Record Report a problem
2/3/2023	Pending sale	$849,500$388/sqft
Source: CAAR #87908 Report a problem
2/3/2023	Listing removed	$849,500$388/sqft
Source: CAAR #87908 Report a problem
1/20/2023	Listed for sale	$849,500+73.7%$388/sqft
Source: CAAR #87908 Report a problem
6/4/2018	Sold	$489,000$223/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$5,528 +3.8%	$68,142 +11.7%
2025	$5,325 +3.3%	$61,024 -1.8%
2024	$5,157 +17.3%	$62,113
2023	$4,398 +7.5%	--
2022	$4,092 +4.7%	--
2021	$3,908 +196.8%	--
2019	$1,317 +7.3%	--
2018	$1,228 +2.1%	--
2017	$1,202	--
2016	$1,202 -6.6%	--
2015	$1,287	--
2014	--	--
2011	--	$11,480
2009	--	--