NOT LISTED FOR SALE

1640 Sherwood Dr Prescott, AZ 86305

Estimated Value: $495,000 - $543,924

4 Beds
3 Baths
1,828 Sq Ft
$282/Sq Ft Est. Value

Last Sold November 25, 2024

Last sale price $500,000 $274 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,985/month

123 Days on Market

Highlights

  • RV Parking in Community
  • Views of Trees
  • Outdoor Fireplace
  • Lincoln Elementary School Rated A-
  • Pine Trees
  • Wood Flooring

About This Home

As of November 2024

Nestled just 2 miles from vibrant downtown Prescott, this 4 bedroom, 3 bathroom home offers the perfect blend of convenience & tranquility. Situated on a fully fenced 1 acre lot, the property provides a peaceful retreat among the pines, where privacy & serenity are paramount. Despite its close proximity to downtown's charming shops & restaurants, this home offers a rare opportunity to enjoy your own expansive space ideal for gardening, outdoor activities, or even future expansions. With endless possibilities for landscaping & creating outdoor living areas, this property invites you to bring your vision to life. Don't miss your chance to own a full acre in such a sought after location. Schedule a showing today & imagine the endless possibilities!

Last Listed By

Karyn Finnell

Better Homes And Gardens Real Estate Bloomtree Realty License #SA670226000 Listed on: 06/20/2024

Better Homes And Gardens Real Estate Bloomtree Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,237

Year Built

  • Built in 1962

Lot Details

  • 1 Acre Lot
  • Perimeter Fence
  • Landscaped
  • Pine Trees
  • Drought Tolerant Landscaping
  • Property is zoned SF-9

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Property Views

  • Trees
  • Rock

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,828 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Drapes & Rods

Kitchen

  • Gas Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace
  • Shed
  • Rain Gutters
  • Rain Barrels or Cisterns

Utilities

  • Refrigerated and Evaporative Cooling System
  • Heating System Uses Natural Gas
  • Electricity To Lot Line
  • Natural Gas Water Heater
  • Phone Available

Community Details

  • No Home Owners Association
  • Idylwild Subdivision
  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 11

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,237

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • ResidentialStatus: Existing
  • Prop. Type: Residential
  • Property Sub Type: Site Built Single Family
  • Architectural Style: Ranch
  • FILLYEARBUILT: 1962
  • Special Features: VirtualTour
  • Year Built: 1962

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer
  • Flooring: Carpet, Laminate, Wood
  • Interior Amenities: Ceiling Fan(s), Counters-Solid Srfc, Wood Burning Fireplace, Garden Tub, Live on One Level, Master On Main, See Remarks, Walk-In Closet(s), Wash/Dry Connection
  • Has Basement: Slab
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Living Area: 1828
  • Stories: 1
  • Window Features: Double Pane Windows, Drapes, Single Pane
  • Other Rooms: Family Room,Game/Rec Room,Hobby/Studio,In-Law Suite,Laundry Room,Potential Bedroom,Study/Den/Library
  • SplitBedroomPlan: Yes

Exterior Features

  • Exterior Features: Driveway Gravel, Driveway Shared, Drought Tolerant Spc, Fence - Perimeter, Landscaping-Front, Outdoor Fireplace, Porch-Covered, Rain Barrel/Cistern(s), See Remarks, Shed(s), Storm Gutters
  • Roof: Composition
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Gravel
  • Topography: Ponderosa Pine
  • View: Boulders, Juniper/Pinon
  • Construction Type: Wood Frame, Other
  • Neighborhood: N/A

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Total Parking Spaces: 1
  • Garage Detached: 1.00
  • CarportAttached: 0.00
  • CarportDetached: 0.00
  • RVGarageParking: Yes

Utilities

  • Cooling: Ceiling Fan(s), Room Refrigeration
  • Heating: Natural Gas
  • Utilities: Electricity On-Site, Natural Gas On-Site, Telephone On-Site, Water - City, WWT - City Sewer
  • Water Heater: Natural Gas
  • WHGallons: 75.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: SF-9
  • Land Lease: No
  • Lot Size Acres: 1
  • Lot Size Sq Ft: 43620
  • Additional Parcels: No
  • AssessorsBook: 111
  • AssessorsMap: 7
  • AssessorsParcel: 11
  • LotNumber: 335

Rental Info

  • PetsAnimals: Domestics

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1237
  • Tax Parcel Letter: 111-07-011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Nov 21, 2024
Sold by
Johnson Scott E and Johnson Sarah E
Bought by
Milner Christopher Eric and Milner Gail
Seller's Agent
Karyn Finnell
Better Homes And Gardens Real Estate Bloomtree Realty
Buyer's Agent
Sarah Rosell
RE/MAX Fine Properties
List Price
$565,000
Sold Price
$500,000
Premium/Discount to List
-$65,000
-11.5%
Total Days on Market
123
Views
185
Current Estimated Value
$516,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,231
Avg. Annual Appreciation
8.10%
Original Mortgage
$400,000
Outstanding Balance
$398,490
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$117,741

Purchase Details

Listed on
Jul 7, 2014
Closed on
Sep 19, 2014
Sold by
Sweetland Marie
Bought by
Johnson Scott E and Johnson Sarah E
Seller's Agent
Taylor Welch
Lindquist, Inc., Realtors
Buyer's Agent
LUCAS MANN
WEST USA OF PRESCOTT-GURLEY
List Price
$279,000
Sold Price
$240,000
Premium/Discount to List
-$39,000
-13.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$192,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2012
Sold by
Murphy William J
Bought by
Murphy William J and Sweetland Marie F

Purchase Details

Closed on
Jul 8, 2007
Sold by
Murphy William J and Murphy Timothy J
Bought by
Murphy William J and Murphy Timothy S

Purchase Details

Closed on
Jul 26, 1995
Sold by
Walker Ronald J and Walker Margaret M
Bought by
Murphy Timothy J

Purchase Details

Closed on
Apr 3, 1995
Sold by
Murphy William J
Bought by
Murphy William J and Murphy Timothy J

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Milner Christopher Eric $500,000 Empire Title
Milner Christopher Eric $500,000 Empire Title
Johnson Scott E -- Yavapai Title
Murphy William J -- None Available
Murphy William J -- None Available
Murphy Timothy J $29,000 Yavapai Coconino Title Agenc
Murphy William J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milner Christopher Eric $400,000
Closed Milner Christopher Eric $400,000
Previous Owner Johnson Scott E $330,000
Previous Owner Johnson Scott E $176,200
Previous Owner Johnson Scott E $192,000
Previous Owner Murphy William J $77,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 Sold $500,000 -4.8% $274 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
09/17/2024 09/17/24 Price Changed $525,000 -4.5% $287 / Sq Ft
08/01/2024 08/01/24 Price Changed $549,995 -2.7% $301 / Sq Ft
06/20/2024 06/20/24 For Sale $565,000 +135.4% $309 / Sq Ft
10/03/2014 10/03/14 Sold $240,000 -14.0% $131 / Sq Ft
09/03/2014 09/03/14 Pending -- -- --
07/07/2014 07/07/14 For Sale $279,000 -- $153 / Sq Ft
Source: Prescott Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,237 $42,970 -- --
2023 $1,237 $30,900 $7,009 $23,891
2022 $1,220 $27,003 $7,028 $19,975
2021 $1,309 $26,677 $6,983 $19,694
2020 $1,315 $0 $0 $0
2019 $1,305 $0 $0 $0
2018 $1,247 $0 $0 $0
2017 $1,202 $0 $0 $0
2016 $1,197 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Prescott Area Association of REALTORS®

MLS Number: 1065476

Prescott Area Association of REALTORS®

APN: 111-07-011