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332 N 500 E

Payson, UT 84651

$387,900
-$2.1k

Originally listed at $400,000

MLS #2141723

Beds
2
Baths
1
Sq Ft
912
Lot
0.23 ac
Built
1947
View virtual tour
Central A/C

About this home

This home for sale at 332 N 500 E Payson, UT 84651 has been listed at $387,900 and has been on the market for 62 days.

Full description

*Click the Tour link to see a 3D Virtual Tour* This Charming and thoughtfully updated 2-bedroom single-family home in Payson, Utah! Located in desirable South Utah County, this property offers small-town charm with convenient access to shopping, dining, schools, and outdoor recreation. Updated just 3 years ago with refreshed flooring and kitchen improvements, this home features a newer furnace (3 years old), water heater (5 years old), included water softener, and two refrigerators included in the purchase. Move-in ready with major mechanical updates already done. Situated on a large lot in Payson City with endless possibilities - garden, expand, add a shop, or create your dream backyard retreat. Enjoy the benefits of Payson City pressurized Irrigation for low-cost, efficient outdoor watering. The backyard features mature grape vines, a rare root cellar, exterior flood lighting, power run to one shed, TWO storage sheds, and covered carport parking - offering versatility, storage, and outdoor enjoyment. Conveniently located near local restaurants, retail, parks, and quick access to I-15 for commuting to Spanish Fork, Salem, Springville, Provo, and the greater Utah County area. Home warranty included for added peace of mind.

Property highlights

  • Move-in ready with major mechanical updates already done. .
  • *Click the Tour link to see a 3D Virtual Tour* This Charming and thoughtfully updated 2-bedroom single-family home in Payson, Utah!
  • Located in desirable South Utah County, this property offers small-town charm with convenient access to shopping, dining, schools, and outdoor recreation. .
  • Updated just 3 years ago with refreshed flooring and kitchen improvements, this home features a newer furnace (3 years old), water heater (5 years old), included water softener, and two refrigerators included in the purchase. .
  • Situated on a large lot in Payson City with endless possibilities - garden, expand, add a shop, or create your dream backyard retreat. .
  • The backyard features mature grape vines, a rare root cellar, exterior flood lighting, power run to one shed, TWO storage sheds, and covered carport parking - offering versatility, storage, and outdoor enjoyment. .

Property details

Property Type
Residential
Sub-type
Single Family Residence
Status
Active
Days on Market
62
Bedrooms
2
Bathrooms
1
Year Built
1947
Effective Year
1947
Stories
1
Living Area
912 sq ft
Lot Size
0.23 acres
Price/sqft
$425.33
Parking Total
6.00
County
Utah
City
Payson
Zoning
Single-Family
Tax Annual
$1,615
Preferred Financing
Cash,Conventional,FHA
Parcel #
08-084-0008
MLS Area
Payson; Elk Rg; Salem; Wdhil
Listed By
Bybee & Co Realty, LLC

Inclusions

  • Microwave
  • Refrigerator
  • Storage Shed(s)
  • Water Softener: Own

Interior features

  • Disposal

Exterior features

  • Out Buildings

Building & construction

Roof
Asphalt
Flooring
Carpet,Laminate

Garage & parking

Parking total
6.00
Open parking
4.00
Covered spaces
2.00
RV parking
0.00
  • Parking: Uncovered

Heating & cooling

Heating
Forced Air,Gas: Central
Cooling
Central Air

Land description

  • Fenced: Part

Utilities

  • Natural Gas Connected
  • Electricity Available
  • Sewer Connected
  • Water Connected

Additional features

Sewer
  • Sewer: Connected
Other equipment
  • Storage Shed(s)
Current use
  • Single Family

Schools

Elementary
Barnett
Nebo
Middle/Jr
Payson Jr
Nebo
High
Payson
Nebo

Neighborhood

Walk · Transit · Bike

Walk Score

Some errands can be accomplished on foot. Some transit available. It's convenient to use a bike for a few trips.

Price History

5/8/2026
$387,900 $425/sqft
-$2,090
-0.5%
4/11/2026
$389,990 $428/sqft
-$10,010
-2.5%
3/7/2026
$400,000 $439/sqft
Listed

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Location

Payson, UT · approximate location

Listed by: Jennifer Sainsbury · Bybee & Co Realty, LLC. 801-210-1461.

Source: UtahRealEstate.com. Information deemed reliable but not guaranteed. All measurements and calculations of area should be independently verified.

Based on information from UtahRealEstate.com as of May 19, 2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Publisher's notice: All real estate advertised herein is subject to the Federal Fair Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.

Payson market context

How this property sits against recent sales in the area.

This listing: $387,900 — 21.4% below the median sale price.

Payson market — Residential

What homes are doing.

Latest data through April 2026.

Full report

Median sale price

$493,438

+9.5% year over year

Median days on market

-66 days year over year

Sale-to-list ratio

99.9%

+2.74pp year over year

Homes sold last month

2

-14 year over year

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