321 N Bailey St Florence, AZ 85132
Estimated payment $2,636/month
Highlights
- Guest House
- 0.27 Acre Lot
- Furnished
- The property is located in a historic district
- Wood Flooring
- 1-minute walk to Padilla Park
About This Home
Step into Arizona history with this remarkable 1870s Territorial-era adobe in the heart of the Florence Historic District. Originally built by Jesus Martinez, this beautifully preserved residence blends authentic Sonoran-style architecture with modern updates. Thick adobe walls, original wood floors, hand-hewn viga and latilla ceilings, and colorful courtyard doors showcase its timeless character. The spacious U-shaped layout wraps around a private courtyard perfect for entertaining. Updated kitchen and living spaces complement the home's historic charm, while multiple exterior entrances create flexible living, guest, or studio options. A rare opportunity to own a true piece of Arizona's past. Also Listed under Commercial Mls #6944919
Listing Agent
Russ Lyon Sotheby's International Realty License #SA663981000 Listed on: 11/07/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,514
Year Built
- Built in 1863
Lot Details
- 0.27 Acre Lot
- Desert faces the front and back of the property
- Wood Fence
- Wire Fence
Home Design
- Wood Frame Construction
- Built-Up Roof
- Metal Roof
- Stucco
- Adobe
Interior Spaces
- 2,841 Sq Ft Home
- 1-Story Property
- Furnished
- Ceiling height of 9 feet or more
- Ceiling Fan
Kitchen
- Eat-In Kitchen
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Parking
- 5 Open Parking Spaces
- 4 Carport Spaces
Schools
- Florence K-8 Elementary And Middle School
- Florence High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Additional Features
- Patio
- Guest House
- The property is located in a historic district
Community Details
- No Home Owners Association
- Association fees include no fees
- Built by Jesus Martinez
- Townsite Of Florence Subdivision
Listing and Financial Details
- Legal Lot and Block A / 125
- Assessor Parcel Number 200-49-004-A
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $1,514 | $26,546 | -- | -- |
| 2024 | $1,815 | $32,128 | -- | -- |
| 2023 | $1,609 | $21,162 | $4,512 | $16,650 |
| 2022 | $1,815 | $29,230 | $4,204 | $25,026 |
| 2021 | $2,147 | $0 | $0 | $0 |
| 2020 | $1,968 | $0 | $0 | $0 |
| 2019 | $1,956 | $0 | $0 | $0 |
| 2018 | $1,880 | $0 | $0 | $0 |
| 2017 | $251 | $3,791 | $0 | $0 |
| 2016 | $247 | $3,721 | $1,283 | $2,438 |
| 2014 | -- | $3,104 | $713 | $2,391 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2025 11/07/25 | For Sale | $479,000 | -- | $169 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $317,500 | Magnus Title Agency Llc | |
| Cash Sale Deed | $32,500 | Fidelity Natl Title Agency | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Fidelity National Title Agen | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Fidelity National Title Agen |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $244,000 | New Conventional | |
| Previous Owner | $264,150 | Balloon | |
| Previous Owner | $199,000 | New Conventional | |
| Previous Owner | $165,000 | No Value Available | |
| Previous Owner | $58,000 | No Value Available |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6944706
APN: 200-49-004A
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