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  • $407,000

    510 N Possum Ln, Payson, AZ 85541

    3beds
    2baths
    1,423sqft
    Single Family Residence
    Built in 2001
    6,969 Square Feet Lot
    $409,600 Zestimate®
    $286/sqft
    $2,434 Estimated rent

    Home value

    $409,600

    $356,000 - $467,000

    $2,434/mo

    Zestimate® history
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    What's special

    Cozy cabinContemporary finishesEast verde riverFull roof replacementHiking trailsNational forest accessNew slider door
    **NOW LISTED $26,000 BELOW APPRAISAL!** Nestled on the outskirts of Payson, this cozy cabin offers the ideal blend of rustic charm & modern convenience. Surrounded by scenic beauty & wildlife, all while having access to amazing amenities & outdoor recreation. This upgraded mountain home has been thoughtfully remodeled for comfort & style. Highlights include a new $40k Septic System in '24, new HVAC in '21, & full remodel. The kitchen has been transformed w/ stunning granite counters & a convenient coffee bar. New wood laminate flooring, paint, & trim provide a cozy feel. The fully upgraded bathroom offers contemporary finishes, with three large Bedrooms D/S. The finished attic provides a large 2nd family room & 4th sleeping area/bedroom! Ask about an option to add a 2nd Bath! Keep Reading Additional upgrades include a brand-new front door, a new slider door in the master bedroom that opens to the outdoors, and freshly installed closet doors in all the bedrooms. The home has been freshly painted with new trim throughout, giving it a bright and airy feel. Other recent improvements include the expanded patio area, the perfect spot to roast marshmallows or listen to the wind whip through the pine trees, and a full roof replacement on the storage shed, both completed in 2022. Currently, the home has three bedrooms + a 4th loft bedroom and one bathroom. The owners have received a bid to add a 2nd bathroom downstairs which would reduce the downstairs bedrooms from 3 to 2, but would add the 2nd bathroom. The cost to do this would be $20k (see bid in Docs tab). **If you'd like to add a second bathroom, the sellers are offering a $20,000 credit to cover that bathroom addition at a sale price of $427,000!!! As the home appraised for $433,000 as-is, even with the $427,000 sale price, you'd still be under appraised value AND would get a brand new bathroom! For those looking for an investment opportunity, this cabin is currently an active and successful Airbnb averaging close to $30,0000 in rental revenue annually. The furnishings are also available, allowing you to take on renal cash flow on Day 1! Enjoy the serene, nature-filled environment while taking advantage of the incredible community amenities of Beaver Valley, including a community center with tennis, basketball, and pickleball courts, a playground and park, and seasonal events. And if that isn't enough, the East Verde River runs through the neighborhood and is stocked with fish seasonally, perfect for fishing enthusiasts! Hiking trails and miles of National Forest access are just moments away, making this the ultimate outdoor retreat. This beautiful cabin is move-in ready, offering everything you need to relax, unwind, and experience the best of Arizona mountain living for many years to come. Come see it for yourself!

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard Blaine Wiggins 623-256-1222,

    HomeSmart

    Bought with:

    Non Board

    Source: WMAOR,MLS#: 255998MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air
    Appliances
    • Laundry: In Hall
    Features
    • Eat-in Kitchen, Tub, Shower, Full Bath, Split Bedroom
    • Flooring: Laminate
    • Has fireplace: Yes
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 1,423
    • Total interior livable area: 1,423 sqft

    Property

    Features
    • Patio & porch: Patio
    • Fencing: Privacy,Partial
    • Has view: Yes
    Lot
    • Size: 6,969 Square Feet
    • Dimensions: 70 x 98.39 x 70.02 x 99.98
    • Features: Corners Marked, Wooded, Tall Pines On Lot
    Details
    • Additional parcels included: No
    • Parcel number: 30217162B

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cabin
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame
    • Foundation: Slab
    • Roof: Shingle,Pitched
    Condition
    • Year built: 2001

    Utilities & green energy

    • Utilities for property: Electricity Connected, Water Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Other Areas
    HOA
    • Has HOA: Yes
    • Amenities included: Tennis Court(s)
    • HOA fee: $240 annually
    • HOA name: Yes
    Location
    • Region: Payson

    Financial & listing details

    • Price per square foot: $286/sqft
    • Tax assessed value: $221,324
    • Annual tax amount: $1,724
    • Date on market: 5/16/2025
    • Ownership type: No
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/26/2025Sold$407,000$286/sqft
    Source: WMAOR #255998 Report a problem
    8/30/2025Pending sale$407,000$286/sqft
    Source: WMAOR #255998 Report a problem
    7/4/2025Price change$407,000-0.5%$286/sqft
    Source: ARMLS #6817517 Report a problem
    6/27/2025Price change$409,000-5.5%$287/sqft
    Source: CAAR #91612 Report a problem
    5/16/2025Price change$432,900+3.3%$304/sqft
    Source: CAAR #91612 Report a problem
    4/4/2025Price change$419,000-1.4%$294/sqft
    Source: ARMLS #6817517 Report a problem
    3/7/2025Price change$425,000-1.6%$299/sqft
    Source: ARMLS #6817517 Report a problem
    2/7/2025Listed for sale$432,000$304/sqft
    Source: CAAR #91612 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$1,724 $22,132 +0.4%
    2025-- $22,044
    Find assessor info on the county website

    Neighborhood: 85541

    Nearby schools

    GreatSchools rating
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