Question 1

What is the asking price for 387 300, Payson?

Accepted Answer

387 300, Payson is listed at $489,999 ($189/sqft). The original list price was $534,999, representing a reduction of $45,000. Current status: Pending.

Question 2

How many bedrooms and bathrooms does 387 300, Payson have?

Accepted Answer

This Residential features 5 bedrooms, 3 bathrooms, 2,595 square feet of living space. It is a 2-story home. The lot is 0.13 acres.

Question 3

When was 387 300, Payson built?

Accepted Answer

This property was built in 2024, making it 2 years old. As a newer construction, it likely features modern building codes, energy-efficient systems, and contemporary finishes.

Question 4

What type of property is 387 300, Payson?

Accepted Answer

387 300, Payson is a Residential (Townhouse).  It is located in the WILSON subdivision.

Question 5

Does 387 300, Payson have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage. Total parking capacity: 2 vehicles.

Question 6

Is there an HOA for 387 300, 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 7

What are the key features of 387 300, Payson?

Accepted Answer

Interior features include: Bath: Sep. Tub/Shower, Range/Oven: Free Stdng.. Exterior features include: Lighting, Patio: Open.

Question 8

How long has 387 300, Payson been on the market?

Accepted Answer

This property has been listed for 225 days. The average days on market in Payson is 71 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 9

What schools serve 387 300, Payson?

Accepted Answer

Assigned schools: Elementary: Barnett; Middle: Payson Jr; High: Payson. There are 2 schools within 3 miles of this property. The highest-rated nearby school is Salem Hills High with a 63% state performance score (2.8 miles away). School district: Nebo.

Question 10

How does this listing compare to the Payson market?

Accepted Answer

387 300, Payson is listed at $489,999, which is below the Payson median of $490,000 by $1. There are currently 88 active listings in Payson. Homes in Payson sell in an average of 71 days. The average sale-to-list ratio is 99.5%.

Question 11

How does this price compare to the Utah state average?

Accepted Answer

At $489,999, this property is below the Utah state median of $510,000 by $20,001. Payson prices are 4% 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 12

What heating and cooling systems does 387 300, Payson have?

Accepted Answer

Heating system details are not listed. Cooling: Central Air. Modern HVAC systems typically last 15-20 years with proper maintenance. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 13

Does 387 300, Payson have a basement?

Accepted Answer

Yes, the basement is described as: Full. Basements in Utah are common and add versatile living or storage space. Check for any signs of moisture or foundation issues during the home inspection.

Question 14

What is 387 300, Payson constructed from?

Accepted Answer

Construction materials include: Stucco. The construction type affects long-term maintenance requirements and insurance costs.

Question 15

What would homeowner's insurance cost for 387 300, 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 $489,999, expect approximately $1,470-$2,450/year ($123-$204/month).   Get multiple quotes — rates vary significantly by insurer.

Question 16

What are the estimated closing costs for 387 300, Payson?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $489,999, expect approximately $9,800-$24,500 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 17

Is 387 300, Payson eligible for FHA or VA financing?

Accepted Answer

At $489,999, this property is likely within FHA loan limits for most Utah counties. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 18

Could 387 300, Payson be a 1031 exchange property?

Accepted Answer

Yes, 387 300, 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 13.1% month-over-month. Current median: $490,000. Days on market have decreased by 25.2% month-over-month. Homes are selling at 99.5% of list price on average. Monitor these trends to time your offer strategically.

Question 20

What school district is 387 300, Payson in?

Accepted Answer

This property is in the Nebo school district. Assigned elementary: Barnett. 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

How do nearby schools rank statewide?

Accepted Answer

Of the 2 nearby schools with state rankings, the highest-ranked is American Preparatory Academy - Salem at #190 statewide (59% performance score). Other ranked nearby schools include Salem Hills High (#256). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 22

Is 387 300, Payson move-in ready?

Accepted Answer

As new construction, this home is expected to be move-in ready with modern finishes and warranties.

Question 23

Does 387 300, 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 24

What is the lot like at 387 300, Payson?

Accepted Answer

The lot is 0.13 acres. Lot features: Curb & Gutter,Fenced: Part,Road: Paved,Sidewalks,Sprinkler: Auto-Full. Terrain: Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat.   Lot characteristics affect usability, privacy, and future improvement potential.

387 300, Payson, UT 84651

387 N 300 E, Payson, UT 84651

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