$290,000
$10K PRICE DROP

224 Madison Ave Prescott, AZ 86301

Estimated payment $1,601/month

Total Views 8,434
2 Beds
1 Bath
1,296 Sq Ft
$224 Price per Sq Ft

Highlights

  • No HOA
  • Central Air
  • Under Construction
  • Lincoln Elementary School Rated A-
  • Wrought Iron Fence
  • Heating System Uses Natural Gas

About This Home

Fix & Flip, scrape, redevelop or build your rental portfolio with this investor special. Zoned MF-M multi-family and already framed as a possible duplex with electrical and plumbing completed. Finish the project to build sweat equity in an ideal rental minutes from downtown or multi-gen/MIL suite. Room to add more units in the back. Take advantage of a great opportunity in a prime location!

Listing Agent

Evan Loo

Real Broker License #SA685891000 Listed on: 08/02/2025

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $658

Year Built

  • Built in 1956 | Under Construction

Lot Details

  • 7,341 Sq Ft Lot
  • Wrought Iron Fence

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 14 / 2
  • Assessor Parcel Number 113-14-025

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Bashford 1St Add Subdivision

Amenities

  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$658

Year Built

Built in 1956 | Under Construction

Lot Details

0

Listing Details

  • Cross Street: Lincoln Ave and Madison Ave
  • Legal Info Range: 14
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1956
  • Tax Year: 2024
  • Directions: From Miller Valley head North on Lincoln Ave, East on Madison Ave, property is on the left/north side
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: BASHFORD 1ST ADD
  • New Construction: No
  • Property Attached Yn: No
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1296.0
  • Stories: 1
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Lot Features: Dirt Front, Dirt Back
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Property Condition: Under Construction, Fixer
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction Status:Under Construction: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: None
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Other
  • High School: Other
  • Junior High Dist: Other
  • Middle Or Junior School: Other

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7341.0
  • Parcel #: 113-14-025

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 658.0
  • Tax Block: 2
  • Tax Book Number: 113.00
  • Tax Lot: 14
  • Tax Map Number: 14.00

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 $658 $35,396 -- --
2024 $644 $33,007 -- --
2023 $644 $28,572 $7,355 $21,217
2022 $635 $23,468 $6,736 $16,732
2021 $681 $22,477 $5,786 $16,691
2020 $685 $0 $0 $0
2019 $680 $0 $0 $0
2018 $649 $0 $0 $0
2017 $626 $0 $0 $0
2016 $623 $0 $0 $0
2015 $604 $0 $0 $0
2014 $603 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2025 08/30/25 Price Changed $290,000 -3.3% $224 / Sq Ft
08/02/2025 08/02/25 For Sale $300,000 -- $231 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $216,000 American Title Services
Warranty Deed $216,000 American Title Services
Special Warranty Deed -- None Listed On Document
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 Construction
Closed $350,000 Construction
Previous Owner $247,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $68,799 Unknown
Previous Owner $29,306 Unknown
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6899254

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-14-025

Arizona Yavapai County Prescott 86301

224 Madison Ave, Prescott, AZ

This home is located at 224 Madison Ave, Prescott, AZ 86301 and is currently priced at $290,000, approximately $223 per square foot. This property was built in 1956. 224 Madison Ave is a home located in Yavapai County with nearby schools including Lincoln Elementary School, Granite Mountain Middle School, and Prescott Mile High Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Evan Loo
Listing Agent
Evan Loo
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Real Broker
(520) 614-1842