$953,000
$5K PRICE DROP

222 First Ave Jerome, AZ 86331

Estimated payment $5,349/month

Total Views 9,801
6 Beds
3 Baths
4,155 Sq Ft
$229 Price per Sq Ft

Highlights

  • Patio
  • Ceiling Fan
  • Multiple Water Heaters
  • Tile Flooring
  • Evaporated cooling system

About This Home

WOW!!! OWN A PIECE OF ARIZONA HISTORY WITH THIS INCREDIBLE INVESTMENT OPPORTUNITY LOCATED IN THE HEART OF JEROME. THIS AMAZING HISTORICAL HOME, ORIGINALLY LIL'S BORDELLO, OFFERS THREE SEPARATE UNITS, EACH ONE HAS IT'S OWN LARGE OUTDOOR LIVING AREAS WITH SPECTACULAR, UNOBSTRUCTED PANORAMIC VIEWS . ALL 3 UNITS ARE CURRENTLY RENTED FOR A TOTAL COMBINED MONTHLY INCOME OF $5,900.00. ALL UNITS ARE INDIVIDUALLY METERED.

Listing Agent

Bethany Gregersen

Realty Executives of Northern License #SA645841000 Listed on: 04/09/2024

Realty Executives of Northern

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,788

Year Built

  • Built in 1915

Parking

  • Off-Street Parking

Home Design

  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 4,155 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Utilities

  • Evaporated cooling system
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Multiple Water Heaters
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • 0.33 Acre Lot

Community Details

  • Jerome Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40106072a

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,788

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Cooling: Ceiling Fan(s), Evaporative Cooling
  • External Amenities: Patio/Deck
  • Floors: Laminate, Tile
  • Internal Amenities: Ceiling Fan, Dishwasher, Disposal, Fire/Smoke Alarm, Refrigerator
  • Roof Materials: Rolled/Hot Mop
  • Property Sub Type: Multi-Family
  • Assessor Parcel Number: 40106072a
  • Bathrooms: Interior
  • Business Type: Rental Unit
  • Type Of Building: 2 - 4 Units
  • Amount of Taxes: 3788.00
  • Lot Acreage: 0.33
  • Year Built: 1915
  • Directions: Call Agent for directions and parking. Please do not disturb tenants. Must have confirmed appointment.
  • Special Features: None

Interior Features

  • Heating: Wall Heater
  • Basement YN: No
  • Total Sq Ft: 4155.00
  • Construction: Stucco
  • Parking: Off Street
  • Property Type: Multi-Family
  • Road Access: City, Dirt, Gravel, Paved
  • Road Maintenance: City Maintained
  • Water Heater: Natural Gas, Two or More
  • Subdivision: Jerome
  • Management: Owner
  • Utilities Available: Cable TV, City Water, Electricity, Individual Meter, Natural Gas, Sewer (City)

Tax Info

  • Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2026 $3,792 $59,456 -- --
2024 $3,788 $62,500 -- --
2023 $3,788 $49,578 $6,063 $43,515
2022 $3,765 $41,031 $3,463 $37,568
2021 $3,906 $38,768 $3,171 $35,597
2020 $3,504 $0 $0 $0
2019 $3,456 $0 $0 $0
2018 $3,287 $0 $0 $0
2017 $3,171 $0 $0 $0
2016 $3,673 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2025 09/16/25 Price Changed $953,000 -0.5% $229 / Sq Ft
03/07/2025 03/07/25 For Sale $958,000 0.0% $231 / Sq Ft
10/30/2024 10/30/24 Off Market $958,000 -- --
04/09/2024 04/09/24 For Sale $958,000 -- $231 / Sq Ft
Source: Sedona Verde Valley Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Clear Title
Warranty Deed $557,300 Lawyers Title Flagstaff
Warranty Deed $400,000 Yavapai Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $331,700 New Conventional
Previous Owner $182,300 New Conventional
Previous Owner $11,219 Stand Alone Second
Previous Owner $366,300 FHA
Source: Public Records

Source: Sedona Verde Valley Association of REALTORS®

MLS Number: 535801

Sedona Verde Valley Association of REALTORS®

APN: 401-06-072A