This 3000+ sq. ft. full log home features 4 bedrooms, 3 baths, great room, new hardwood floors, new granite counter tops in kitchen and baths, new 16 inch tile in baths, vaulted wood ceilings, rock fireplace, master on main floor, open kitchen with breakfast bar, large covered front deck, extra large open side deck with great views of the Rim on this very private top of the hill backing USFS. On 2.5 acre lot in gated community with underground sewer, water, electric and phone. . . .DIRECTIONS: 22 miles east of Payson on Highway 260 to Christopher Creek exit #2, left turn on Hunter Creek Dr. One mile to gate, through gate, first right, two blocks to Memory Lane. Left to property just across bridge.
Sold for $962,600
$962,600
487 W Memory Ln, Payson, AZ 85541
4beds
3baths
3,000sqft
SingleFamily
Built in 1991
2.45 Acres Lot
$933,300 Zestimate®
$321/sqft
$3,913 Estimated rent
Home value
$933,300
$812,000 - $1.05M
$3,913/mo
Zestimate® history
Owner options
List your home for rent
$3,913/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,913/mo
Rent Zestimate®
Refinance and save
$5,821/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,821/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
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Other
Cooling
- Central
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,000 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Wood
- Has view: Yes
- View description: Mountain
Lot
- Size: 2.45 Acres
Details
- Parcel number: 30307099
Construction
Type & style
- Home type: SingleFamily
Materials
- log
- Roof: Metal
Condition
- Year built: 1991
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $99 monthly
Location
- Region: Payson
Financial & listing details
- Price per square foot: $321/sqft
- Tax assessed value: $766,240
- Annual tax amount: $5,967
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Sold | $962,600+7.1%$321/sqft |
Source: Public Record Report a problem | ||
| 7/7/2023 | Sold | $899,000$300/sqft |
Source:  ARMLS #6569307 Report a problem | ||
| 6/20/2023 | Pending sale | $899,000$300/sqft |
Source: ARMLS #6569307 Report a problem | ||
| 6/15/2023 | Listed for sale | $899,000+71.2%$300/sqft |
Source: ARMLS #6569307 Report a problem | ||
| 5/15/2013 | Sold | $525,000-11%$175/sqft |
Source: Public Record Report a problem | ||
| 12/16/2012 | Listed for sale | $590,000+18%$197/sqft |
Source: ERA Young Realty & Investment #65126 Report a problem | ||
| 2/4/2010 | Sold | $500,000$167/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $5,967 +4% | $76,624 +4.3% |
| 2025 | $5,735 +4.5% | $73,443 +20.6% |
| 2024 | $5,489 -20.7% | $60,891 |
| 2023 | $6,926 +4.2% | -- |
| 2022 | $6,646 +2.5% | -- |
| 2021 | $6,487 +9% | -- |
| 2019 | $5,954 -0.1% | -- |
| 2018 | $5,962 +2.5% | -- |
| 2017 | $5,815 | -- |
| 2016 | $5,815 +8.4% | -- |
| 2015 | $5,366 | -- |
| 2014 | -- | -- |
| 2013 | -- | $44,773 -0.6% |
| 2012 | -- | $45,035 -22.7% |
| 2011 | -- | $58,289 -5.9% |
| 2010 | -- | $61,939 |
| 2009 | -- | -- |
| 2008 | $4,554 | -- |
| 2007 | -- | -- |
| 2006 | $4,525 | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
Find assessor info on the county website
Neighborhood: 85541
Nearby homes
- $721,7003 bd4 ba2.8k sqft379 W Memory Ln, Payson, AZ 85541Off Market
- $650,0003 bd3 ba2.5k sqft130 S Antler Cir, Payson, AZ 85541Off Market
- $894,9003 bd3 ba2.2k sqft515 W Memory Ln, Payson, AZ 85541Off Market
- $688,800-- bd-- ba2.5k sqft114 N Palm Cir, Payson, AZ 85541Off Market
- $537,700-- bd-- ba1.4k sqft117 S Antler Cir, Payson, AZ 85541Off Market
- $615,100-- bd-- ba2.3k sqft184 S Antler Cir, Payson, AZ 85541Off Market
- $488,7002 bd2 ba1.6k sqft139 N Palm Cir, Payson, AZ 85541Off Market
- $475,0004 bd4 ba3.9k sqft134 S Louie Cir, Payson, AZ 85541Sold
Nearby schools
GreatSchools rating
- NAPayson Elementary SchoolGrades: K-2Distance: 17.3 mi
- 5/10Rim Country Middle SchoolGrades: 6-8Distance: 18.4 mi
- 4/10Payson High SchoolGrades: 9-12Distance: 18.6 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
- 487 W Memory Ln
Nearby cities
Nearby zip codes
Other Payson Topics
