Located in the desirable Alpine Village neighborhood, this 2-bedroom, 2-bath home offers comfortable mountain living in a family-friendly community. The functional layout features large bedrooms both with walk in closets, a cozy living area with a woodstove for cool mountain evenings, a dining area plus dining nook in kitchen, breakfast bar, plenty of storage and light, and a 2-car garage with space for vehicles, storage, or outdoor gear. Loft space above the garage provides added storage space. Step outside to a partially fenced backyard with storage shed, perfect for pets, play, or relaxed outdoor living. This home is ideally located just minutes from Rumsey Park and the Payson Library, with restaurants, shopping, and local amenities close by, making everyday living easy and enjoyable. Whether you're strolling to the park, grabbing coffee in town, or heading out for hiking and outdoor adventures, everything you love about mountain living is right at your doorstep. Whether you're seeking a full-time residence or a mountain getaway, this home offers comfort, character, and lifestyle in one of the area's most loved neighborhoods. Some photos staged with AI as noted.
Closed
Zestimate®
$340,000
504 W Sherwood Dr, Payson, AZ 85541
2beds
1,267sqft
Single Family Residence
Built in 1989
6,969 Square Feet Lot
$340,000 Zestimate®
$268/sqft
$2,320 Estimated rent
Home value
$340,000
$323,000 - $357,000
$2,320/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Michelle Saurage 928-242-7011,
Delex Realty, LLC
Source: CAAR,MLS#: 93402
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Heating
- Electric, Forced Air
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Washer
- Laundry: Laundry Room
Features
- No Interior Steps, Breakfast Bar, Kitchen-Dining Combo, Vaulted Ceiling(s), Master Main Floor
- Flooring: Carpet, Tile, Wood
- Windows: Double Pane Windows
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning Stove
Interior area
- Total structure area: 1,267
- Total interior livable area: 1,267 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Patio
- Fencing: Chain Link,Partial
Lot
- Size: 6,969 Square Feet
- Dimensions: 73 x 95 x 73 x 95
- Features: Many Trees, Tall Pines on Lot
Details
- Parcel number: 30279134
- Zoning: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Single Level
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Roof: Asphalt
Condition
- Year built: 1989
Utilities & green energy
- Water: In Payson City Limits
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Alpine Village
Location
- Region: Payson
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $267,409
- Annual tax amount: $2,130
- Date on market: 4/12/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Sold | $340,000-5.6%$268/sqft |
Source:  CAAR #93402 Report a problem | ||
| 5/18/2026 | Pending sale | $360,000$284/sqft |
Source: CAAR #93402 Report a problem | ||
| 4/12/2026 | Listed for sale | $360,000$284/sqft |
Source:  ARMLS #6981286 Report a problem | ||
| 4/6/2026 | Pending sale | $360,000$284/sqft |
Source: ARMLS #6981286 Report a problem | ||
| 3/11/2026 | Price change | $360,000-2.7%$284/sqft |
Source: CAAR #93402 Report a problem | ||
| 2/7/2026 | Listed for sale | $370,000+164.3%$292/sqft |
Source: CAAR #93402 Report a problem | ||
| 8/30/2011 | Sold | $140,000-12.4%$110/sqft |
Source: Public Record Report a problem | ||
| 8/17/2011 | Pending sale | $159,900$126/sqft |
Source: Dominion Real Estate Partners, LLC #63349 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $2,131 +3.8% | $26,741 -2.9% |
| 2025 | $2,052 +3.3% | $27,542 +5.7% |
| 2024 | $1,988 +3.2% | $26,052 |
| 2023 | $1,926 +6.5% | -- |
| 2022 | $1,808 +4.1% | -- |
| 2021 | $1,738 +9.5% | -- |
| 2019 | $1,587 +7.3% | -- |
| 2018 | $1,480 +2.1% | -- |
| 2017 | $1,449 | -- |
| 2016 | $1,449 -2.2% | -- |
| 2015 | $1,482 | -- |
| 2014 | -- | -- |
| 2013 | -- | $11,439 |
| 2012 | -- | $11,439 -16.1% |
| 2011 | -- | $13,638 -20.9% |
| 2010 | -- | $17,232 |
| 2009 | -- | -- |
| 2008 | $1,346 | -- |
| 2007 | -- | -- |
| 2006 | $1,284 | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
Find assessor info on the county website
Neighborhood: 85541
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Nearby schools
GreatSchools rating
- NAPayson Elementary SchoolGrades: K-2Distance: 0.9 mi
- 5/10Rim Country Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Payson High SchoolGrades: 9-12Distance: 1.2 mi
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- Arizona
- Gila County
- Payson
- 85541
- 504 W Sherwood Dr
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