Question 1

What is the asking price for 123 800, Payson?

Accepted Answer

123 800, Payson is listed at $489,999 ($218/sqft). The original list price was $569,999, representing a reduction of $80,000. Current status: Closed.

Question 2

How many bedrooms and bathrooms does 123 800, Payson have?

Accepted Answer

This Residential features 6 bedrooms, 3 bathrooms, 2,250 square feet of living space.  The lot is 0.24 acres.

Question 3

When was 123 800, Payson built?

Accepted Answer

This property was built in 1970, making it 56 years old. This established home has character and may feature unique architectural details. A thorough inspection is recommended to assess systems and structure.

Question 4

What type of property is 123 800, Payson?

Accepted Answer

123 800, Payson is a Residential (Duplex). The architectural style is Up And Down.

Question 5

Is there an HOA for 123 800, 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 6

What are the property taxes for 123 800, Payson?

Accepted Answer

Annual property taxes for this property are approximately $202 (about $17/month). This represents an effective tax rate of approximately 0.04% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 7

How long has 123 800, Payson been on the market?

Accepted Answer

This property has been listed for 195 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 8

What schools serve 123 800, Payson?

Accepted Answer

Assigned schools: Elementary: Barnett; Middle: Salem Jr; High: Salem Hills.   School district: Nebo.

Question 9

How does this listing compare to the Payson market?

Accepted Answer

123 800, 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 10

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 11

What heating and cooling systems does 123 800, Payson have?

Accepted Answer

Heating: Electric. Cooling system details are not listed. Given the age of this home, it may be worth requesting a professional HVAC inspection to assess system efficiency and remaining lifespan. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 12

What are the water and sewer connections for 123 800, Payson?

Accepted Answer

Water source: Irrigation. Sewer: Sewer: Connected.   Water is a critical consideration in Utah's arid climate.

Question 13

What would homeowner's insurance cost for 123 800, 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).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 14

What are the estimated closing costs for 123 800, 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 15

How does the property tax compare to the list price at 123 800, Payson?

Accepted Answer

The annual property tax of $202 represents an effective rate of 0.04% relative to the list price of $489,999. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 16

Is 123 800, 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 17

Could 123 800, Payson be a 1031 exchange property?

Accepted Answer

Yes, 123 800, 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 18

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 19

What school district is 123 800, Payson in?

Accepted Answer

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

Question 20

Is 123 800, Payson move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 21

What updates might 123 800, Payson need?

Accepted Answer

At 56 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement.  Current heating: Electric. These are general guidelines based on typical component lifespans — the actual condition depends on maintenance history. Always get a professional inspection and ask the seller for maintenance records and any recent upgrades.

Question 22

Does 123 800, 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 123 800, Payson?

Accepted Answer

The lot is 0.24 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

Question 24

What utilities are available at 123 800, Payson?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected. Water source: Irrigation. Sewer: Sewer: Connected. 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.

123 800, Payson, UT 84651

123 N 800 E, Payson, UT 84651

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