NOT LISTED FOR SALE

537 School St Jerome, AZ 86331

Estimated Value: $490,000 - $588,000

5 Beds
2 Baths
2,048 Sq Ft
$258/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $515,000 $251 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,021/month

1 Day on Market

Highlights

  • Views of Red Rock
  • Wood Flooring
  • Walk-In Pantry
  • Wood Burning Stove
  • Workshop
  • Covered Deck

About This Home

As of July 2024

The Old Rooming House! This multifamily Jerome gem began as a 1 story single family home in 1898 and was originally owned by George W. Hull. The Seavers purchased it in 1973 and did an extensive remodel of this old girl and brought her back to life. She is currently 3 stories with decks on each level and a lovely backyard. Two parcels are included in the sale with one of them possessing an old one car garage and parking spaces. There are delightful vintage touches everywhere including the clawfoot tub, vintage doors and light fixtures. Multiple minisplits serve as both cooling and heating. Located just a few steps from Main Street in the center of town. Watch the monsoon storms from the deck upstairs and enjoy tea in the gardens out back. This is truly one of Jerome's finer old dames

Last Listed By

Denise Lerette

Russ Lyon Sotheby's Intl Rlty License #SA528330000 Listed on: 06/04/2024

Russ Lyon Sotheby's Intl Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $924

Year Built

  • Built in 1896

Lot Details

  • 2,614 Sq Ft Lot
  • Landscaped with Trees
  • Historic Home

Property Views

  • Red Rock
  • Mountain

Home Design

  • Stem Wall Foundation
  • Wood Frame Construction
  • Composition Shingle Roof

Interior Spaces

  • 2,048 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Wood Burning Stove
  • Drapes & Rods
  • Open Floorplan
  • Workshop
  • Storage Room
  • Fire and Smoke Detector

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Range

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered Deck
  • Open Patio
  • Shed
  • Shop

Location

  • Flood Zone Lot

Utilities

  • Evaporated cooling system
  • Ductless Heating Or Cooling System
  • Mini Split Heat Pump
  • Natural Gas Water Heater

Community Details

  • Jerome Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40106042

Home Details

Home Type

Single Family

Est. Annual Taxes

$924

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Style: Historic
  • Appliances Included: Dryer, Gas Oven, Range, Refrigerator, Washer
  • Cooling: Ceiling Fan(s), Ductless, Room Refrigeration
  • External Amenities: Covered Deck, Gutters, Landscaping, Open Patio
  • Floor Plan: Conventional
  • Floors: Laminate, Sheet Vinyl, Wood
  • Internal Amenities: Smoke Detector
  • Pet Privileges: Domestics
  • Roof Materials: Comp Shingle
  • Total Number Of Rooms: 11
  • Utilities Included: Electricity, Natural Gas, Public Water, Sewer (Public)
  • Property Sub Type: Single Family Residence
  • Assessor Parcel Number: 40106042
  • Amount of Taxes: 924.00
  • Estimated Total Sq Ft: 2048.00
  • Total Bathrooms: 2.00
  • Lot Acreage: 0.06
  • Year Built: 1896
  • Directions: From Jerome first stop sign, turn left onto Main Street. Proceed until the road forks at School Street and proceed onto School Street. The property is on your right. Light grey three story with white trim.
  • Special Features: None

Interior Features

  • Fireplace: Wood Burning Stove
  • Heating: Electric, Individual Heat
  • Basement YN: No
  • Building: Shed, Shop
  • Construction: Frame - Wood
  • Dining Room Features: Kitchen/Dining Combo, Living/Dining Combo
  • Flood Zone: Verify, Zone X
  • Foundation: Stem Wall
  • Kitchen Features: Gas, Walk-in Pantry
  • Levels: Multi-Level
  • Living Room Features: Ceiling Fan
  • Location: Mountain Views, Trees, View
  • Other Rooms: Laundry, Storage, Workshop
  • Parking: 3 or More, Off Street
  • Property Type: Residential
  • Road Access: City, Paved
  • Road Maintenance: City Maintained
  • Views: Mountains, Red Rocks/Boulders
  • Water Heater: Natural Gas
  • Window Coverings: Draperies
  • Subdivision: Jerome

Exterior Features

  • Windows: Single Pane

Lot Info

  • LANDLEASE: No

Tax Info

  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Jul 5, 2024
Sold by
Paradise Mine Llc
Bought by
Mccoy Kenneth Scott
Seller's Agent
Denise Lerette
Russ Lyon Sotheby's Intl Rlty
Buyer's Agent
Kaylie Hammond
Non-Member Office
List Price
$515,000
Sold Price
$515,000
Total Days on Market
1
Views
24
Current Estimated Value
$527,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,468
Avg. Annual Appreciation
0.39%
Original Mortgage
$412,400
Outstanding Balance
$410,006
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$106,587

Purchase Details

Closed on
Feb 3, 2016
Sold by
Phinney Deneill A
Bought by
Paradise Mine Llc

Purchase Details

Closed on
Mar 18, 2014
Sold by
Jones Lawrence D
Bought by
Phinney William R and Phinney Deneill A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
4.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 24, 2014
Sold by
Seaver Eleanor M
Bought by
Jones Lawrence D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
4.3%
Mortgage Type
Seller Take Back

Range of Values:

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Average Value
Not Available
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
Mccoy Kenneth Scott $515,500 Pioneer Title
Paradise Mine Llc -- None Available
Phinney William R $279,000 Yavapai Title Agency Junctio
Jones Lawrence D $274,900 Yavapai Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccoy Kenneth Scott $412,400
Previous Owner Phinney William R $274,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $515,000 0.0% $251 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $515,000 -- $251 / Sq Ft
Source: Sedona Verde Valley 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 $924 $36,273 -- --
2023 $924 $29,644 $0 $0
2022 $919 $27,572 $1,434 $26,138
2021 $953 $25,262 $1,311 $23,951
2020 $941 $0 $0 $0
2019 $930 $0 $0 $0
2018 $891 $0 $0 $0
2017 $865 $0 $0 $0
2016 $842 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Sedona Verde Valley Association of REALTORS®

MLS Number: 536317

Sedona Verde Valley Association of REALTORS®

APN: 401-06-042