Question 1

What is the asking price for 1235 940, Payson?

Accepted Answer

1235 940, Payson is listed at $796,625.  This listing is currently active and available for showings.

Question 2

What type of property is 1235 940, Payson?

Accepted Answer

1235 940, Payson is a Land (Commercial).  It is located in the AFFCU PAYSON PLAT C subdivision. Zoning: Commercial.

Question 3

Is there an HOA for 1235 940, Payson?

Accepted Answer

No, this property is not part of a homeowners association, which means no monthly HOA fees. Homeowners maintain full control over their property without HOA restrictions or assessments.

Question 4

What are the property taxes for 1235 940, Payson?

Accepted Answer

Annual property taxes for this property are approximately $5,782 (about $482/month). This represents an effective tax rate of approximately 0.73% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 5

How long has 1235 940, Payson been on the market?

Accepted Answer

This property has been listed for 899 days. The average days on market in Payson is 66 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 6

What schools serve 1235 940, Payson?

Accepted Answer

Assigned schools: Elementary: Wilson; Middle: Payson Jr; High: Payson.   School district: Nebo.

Question 7

What high school is near 1235 940, Payson?

Accepted Answer

The nearest high school is Payson. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 8

What elementary school is near 1235 940, Payson?

Accepted Answer

The nearest elementary school is Wilson. Propaired provides full school ratings and comparison data for all schools in this area.

Question 9

What middle school is near 1235 940, Payson?

Accepted Answer

The nearest middle school is Payson Jr.

Question 10

How does this listing compare to the Payson market?

Accepted Answer

1235 940, Payson is listed at $796,625, which is above the Payson median of $455,000 by $341,625. There are currently 113 active listings in Payson. Homes in Payson sell in an average of 66 days. The average sale-to-list ratio is 99.9%.

Question 11

What is the Payson real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Payson is $455,000. There are currently 113 active listings. Homes sell in an average of 66 days. The average sale-to-list ratio is 99.9%. This listing at $796,625 is above the Payson 2026 median.

Question 12

Are there other homes for sale in Payson?

Accepted Answer

Yes — there are currently 113 active listings in Payson. Browse all Payson homes for sale at propaired.ai/listings/ut/payson. Prices range around a median of $455,000. Homes in Payson are selling in about 66 days on average.

Question 13

How does this price compare to the Utah state average?

Accepted Answer

At $796,625, this property is above the Utah state median of $525,000 by $271,625. Payson prices are 13% below the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 14

What would homeowner's insurance cost for 1235 940, Payson?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $796,625, expect approximately $2,390-$3,983/year ($199-$332/month).   Get multiple quotes — rates vary significantly by insurer.

Question 15

What are the estimated closing costs for 1235 940, Payson?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $796,625, expect approximately $15,933-$39,831 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 16

How does the property tax compare to the list price at 1235 940, Payson?

Accepted Answer

The annual property tax of $5,782 represents an effective rate of 0.73% relative to the list price of $796,625. This is near the Utah average effective rate of approximately 0.58%. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 17

Is 1235 940, Payson eligible for FHA or VA financing?

Accepted Answer

At $796,625, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 18

Could 1235 940, Payson be a 1031 exchange property?

Accepted Answer

Yes, 1235 940, Payson could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 19

What is the price trend in Payson?

Accepted Answer

Payson's median price has increased 9.8% month-over-month. Current median: $455,000. Days on market have decreased by 12.0% month-over-month. Homes are selling at 99.9% of list price on average. Monitor these trends to time your offer strategically.

Question 20

What school district is 1235 940, Payson in?

Accepted Answer

This property is in the Nebo school district. Assigned elementary: Wilson. Assigned middle: Payson Jr. Assigned high: Payson. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 21

Is 1235 940, Payson move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 22

Does 1235 940, Payson come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 23

What is the lot like at 1235 940, Payson?

Accepted Answer

The lot is 1.02 acres. Lot features: Corner Lot,Curb & Gutter,View: Mountain,Terrain: Flat. Terrain: Terrain: Flat.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 24

What utilities are available at 1235 940, Payson?

Accepted Answer

Available utilities include: Gas: Stubbed,Power: Stubbed,Sewer: Stubbed.   Utility costs in Utah vary by season — expect higher heating bills in winter and cooling costs in summer. Contact local utility providers for average monthly cost estimates for this address.

1235 940, Payson, UT 84651

1235 W 940 S, Payson, UT 84651

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