Question 1

What is the asking price for 1292 500, Payson?

Accepted Answer

1292 500, Payson is listed at $699,900 ($189/sqft). The original list price was $715,000, representing a reduction of $15,100. This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 1292 500, Payson have?

Accepted Answer

This Residential features 3 bedrooms, 2 bathrooms, 3,710 square feet of living space. It is a 2-story home. The lot is 0.26 acres.

Question 3

When was 1292 500, Payson built?

Accepted Answer

This property was built in 2022, making it 4 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 1292 500, Payson?

Accepted Answer

1292 500, Payson is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the PAYSON VIEW ESTATES subdivision. Zoning: Single-Family.

Question 5

Does 1292 500, Payson have a garage or parking?

Accepted Answer

Yes, this property includes a 3-car garage and 3 open parking spaces. Total parking capacity: 6 vehicles.

Question 6

Is there an HOA for 1292 500, 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 property taxes for 1292 500, Payson?

Accepted Answer

Annual property taxes for this property are approximately $3,480 (about $290/month). This represents an effective tax rate of approximately 0.50% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 1292 500, Payson?

Accepted Answer

Interior features include: Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In, Den/Office, Disposal. Exterior features include: Basement Entrance, Double Pane Windows, Porch: Open, Sliding Glass Doors, Walkout. The home has 1 fireplace.   View: Lake,Mountain(s),Valley.

Question 9

Is 1292 500, Payson a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 62/100. Key deal signals: 5.4% year-over-year market appreciation. The price is 18% above similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

How does this price compare to similar homes in Payson?

Accepted Answer

The median price for similar properties in the area is $591,950 (based on 10 homes). At $699,900, this listing is 18% above the median for comparable homes. It ranks #Premium among similar listings by value.

Question 11

Has the price been reduced on 1292 500, Payson?

Accepted Answer

Yes, the price has been reduced by 2.1% from the original list price of $715,000 to the current price of $699,900 — a reduction of $15,100. Price reductions can indicate seller motivation or market adjustment.

Question 12

What would the monthly mortgage payment be for 1292 500, Payson?

Accepted Answer

At the current 30-year mortgage rate of 6.43% with 20% down, the estimated monthly principal and interest payment is $3,513. Including estimated taxes, the total monthly cost is approximately $3,803. A 15-year mortgage at 5.79% would be $4,662/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 13

How long has 1292 500, Payson been on the market?

Accepted Answer

This property has been listed for 34 days. The average days on market in Payson is 66 days, meaning this listing is moving faster than the local average.

Question 14

Is 1292 500, Payson a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $48,527 with a gross rental yield of 6.9%. Net rental yield (after estimated expenses): 4.5%.  Estimated debt service coverage ratio (DSCR): 1.01. Investor score: 46/100. These are estimates based on area comparables.

Question 15

What is the estimated rental income for 1292 500, Payson?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $4,044 ($48,528/year). The gross rent multiplier is 14.4x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 16

What lifestyle features does 1292 500, Payson offer?

Accepted Answer

Propaired's AI has identified 3 lifestyle features for this property: Scenic Views, Historic/Character, New Construction. The primary lifestyle niche is "new_construction." These tags are derived from MLS data, property features, and location analysis.

Question 17

Is 1292 500, Payson new construction?

Accepted Answer

Yes, this is a new construction property built in 2022. New construction in Utah typically includes modern energy codes, current building standards, builder warranties, and contemporary finishes.  Review the builder warranty terms and any remaining items on the builder punch list.

Question 18

What schools serve 1292 500, Payson?

Accepted Answer

Assigned schools: Elementary: Parkview; Middle: Payson Jr; High: Payson. There are 1 schools within 3 miles of this property. The highest-rated nearby school is American Preparatory Academy - Salem with a 59% state performance score (2.0 miles away). School district: Nebo.

Question 19

What high school is near 1292 500, 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 20

What elementary school is near 1292 500, Payson?

Accepted Answer

The nearest elementary school is Parkview (2.0 miles away). State performance score: 59%. District: American Preparatory Academy. Propaired provides full school ratings and comparison data for all schools in this area.

Question 21

What middle school is near 1292 500, Payson?

Accepted Answer

The nearest middle school is Payson Jr.

Question 22

Is 1292 500, Payson in a flood zone?

Accepted Answer

This property is classified as low. FEMA flood zone: X (AREA OF MINIMAL FLOOD HAZARD). Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 23

How does this listing compare to the Payson market?

Accepted Answer

1292 500, Payson is listed at $699,900, which is above the Payson median of $467,000 by $232,900. There are currently 99 active listings in Payson. Homes in Payson sell in an average of 66 days. The average sale-to-list ratio is 99.8%.

Question 24

What is the Payson real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Payson is $467,000. There are currently 99 active listings. Homes sell in an average of 66 days. The average sale-to-list ratio is 99.8%. This listing at $699,900 is above the Payson 2026 median.

Question 25

Are there other homes for sale in Payson?

Accepted Answer

Yes — there are currently 99 active listings in Payson. Browse all Payson homes for sale at propaired.ai/listings/ut/payson. Prices range around a median of $467,000. Homes in Payson are selling in about 66 days on average.

Question 26

How does this price compare to the Utah state average?

Accepted Answer

At $699,900, this property is above the Utah state median of $525,000 by $174,900. Payson prices are 11% 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 27

What is the Propaired intelligence score for 1292 500, Payson?

Accepted Answer

This property has a Propaired intelligence score of 42/100, combining deal value (62), recreation access (N/A), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (3 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 28

What heating and cooling systems does 1292 500, Payson have?

Accepted Answer

Heating: Forced Air,Gas: Central,>= 95% efficiency. 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 29

What type of roof does 1292 500, Payson have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 4-year-old home, reviewing recent roof inspections is recommended.

Question 30

Does 1292 500, Payson have a basement?

Accepted Answer

Yes, the basement is described as: Daylight,Full,Walk-Out Access. A daylight basement features windows for natural light, making the space more livable. Check for any signs of moisture or foundation issues during the home inspection.

Question 31

What is 1292 500, Payson constructed from?

Accepted Answer

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

Question 32

What type of flooring does 1292 500, Payson have?

Accepted Answer

Flooring types include: Carpet.   Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 33

What are the water and sewer connections for 1292 500, Payson?

Accepted Answer

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

Question 34

What would homeowner's insurance cost for 1292 500, 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 $699,900, expect approximately $2,100-$3,500/year ($175-$292/month).   Get multiple quotes — rates vary significantly by insurer.

Question 35

What are the estimated closing costs for 1292 500, Payson?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $699,900, expect approximately $13,998-$34,995 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 36

How does the property tax compare to the list price at 1292 500, Payson?

Accepted Answer

The annual property tax of $3,480 represents an effective rate of 0.50% relative to the list price of $699,900. 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 37

What are the total estimated monthly costs for 1292 500, Payson?

Accepted Answer

Estimated total monthly housing cost: $4,036. This includes principal & interest ($3,513 at 6.43% with 20% down), property tax ($290/mo), and estimated insurance (~$233/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 38

Is 1292 500, Payson eligible for FHA or VA financing?

Accepted Answer

At $699,900, 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 39

What is the estimated cap rate for 1292 500, Payson?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 4.5%, based on estimated annual rent of $48,527 and a purchase price of $699,900. A cap rate of 4-6% is typical for residential properties in growing Utah markets.

Question 40

Is Payson a good rental market?

Accepted Answer

Estimated monthly rent in Payson is approximately $4,044. Homes in Payson sell in an average of 66 days, indicating moderate demand in this market. There are 99 active listings currently. Gross rental yield in this area: 6.9%. Utah's steady population growth continues to drive rental demand.

Question 41

Could 1292 500, Payson be a 1031 exchange property?

Accepted Answer

Yes, 1292 500, 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 42

How does 1292 500, Payson compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $591,950. This listing is 18% above the comparable median. It ranks Premium among similar listings by value. The median for this property type specifically is $599,450. Comparable analysis is based on similar size, age, and location.

Question 43

Is the Payson neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 5.4% over the past year. The current Zillow Home Value Index for this area is $483,479. This listing is priced at 145% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 44

What is the price trend in Payson?

Accepted Answer

Payson's median price has increased 15.6% month-over-month. Current median: $467,000. Days on market have increased by 28.6% month-over-month. Homes are selling at 99.8% of list price on average. Monitor these trends to time your offer strategically.

Question 45

Is 1292 500, Payson overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." At 18% above comparable homes, the asking price is above the local median. Verify that premium features justify the price difference. Deal score: 62/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 46

What school district is 1292 500, Payson in?

Accepted Answer

This property is in the Nebo school district. Assigned elementary: Parkview. 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 47

Is 1292 500, Payson move-in ready?

Accepted Answer

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

Question 48

Does 1292 500, 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 49

What is the lot like at 1292 500, Payson?

Accepted Answer

The lot is 0.26 acres. Lot features: Curb & Gutter,Fenced: Full,Road: Paved,Sidewalks,Sprinkler: Auto-Full,Terrain: Grad Slope,View: Lake,View: Mountain,View: Valley. Terrain: Curb & Gutter, Fenced: Full, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain: Grad Slope, View: Lake, View: Mountain, View: Valley. Views: Lake,Mountain(s),Valley.  Lot characteristics affect usability, privacy, and future improvement potential.

Question 50

What utilities are available at 1292 500, Payson?

Accepted Answer

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

Question 51

Does 1292 500, Payson have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Forced Air,Gas: Central,>= 95% efficiency. Natural gas is the most common and cost-effective heating fuel in Utah, typically 30-50% less expensive than electric heating. The cooling system (Central Air) operates separately. Natural gas availability also supports gas ranges, water heaters, and fireplaces.

Question 52

Is 1292 500, Payson a historic or character home?

Accepted Answer

This property has been identified as a historic or character home, meaning it features distinctive architectural details, craftsmanship, or historical significance. Built in 2022, it represents mid-century design elements. Architectural style: Rambler/Ranch. Historic homes may qualify for preservation tax credits. Consider potential limitations on exterior modifications if in a historic district.

1292 500, Payson, UT 84651

1292 S 500 E, Payson, UT 84651

About This Property

Features & Amenities

Property Info

Financial

Structure & Systems

Parking

Property Intelligence

Lifestyle

Flood Zone

Deal Analysis

Investment Potential

Long-Term Rental

Short-Term Rental

Schools

All Property Details

Property Info

Bedrooms & Baths

Financial

Structure

Lot & Land

Parking

Amenities

Utilities

Schools

Timeline

Media

Payson Market Context

Crime & Safety

Payson compared to:

vs National Average (FBI UCR 2024)

Connect with a Buyer’s Agent

Similar Homes

$530,000

$664,990

$559,000

$460,000

$460,000

Find Your Dream Home

Frequently Asked Questions

Discover