388 E 600 S, Payson, UT 84651

388 E 600 S, Payson is listed at $440,000 ($238/sqft). Current status: Active Under Contract.

This property has been listed for 17 days. The average days on market in Payson is 65 days, meaning this listing is moving faster than the local average.

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 (1.9 miles away). School district: Nebo.

388 E 600 S, Payson is listed at $440,000, which is below the Payson median of $488,400 by $48,400. There are currently 98 active listings in Payson. Homes in Payson sell in an average of 65 days. The average sale-to-list ratio is 99.0%.

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $440,000, expect approximately $1,320-$2,200/year ($110-$183/month). Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Yes, 388 E 600 S, 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.