403 Clark St Jerome, AZ 86331
Estimated payment $22,906/month
Highlights
- Tile Flooring
- Baseboard Heating
- Evaporated cooling system
- Landscaped
About This Home
Step back in time and own piece of Jerome history! Perched majestically on the Jerome Hillside, overlooking the stunning Verde Valley, this 107 year old gem whispers tales of the past. Originally built in 1918 by the UVX Mining Company to house its medical staff, this mixed-use property boasts timeless architecture and a prime location in the heart of Jerome's bustling visitor district. Featuring 21 residential units, 9 commercial spaces, and an adjacent 0.61 acre parklng lot (48 spaces), this 21,850 sq ft property offers significant upside potential. Capitalize on the opportunity to increase rents, fill vacancies, and develop the additional lot for even greater income streams. With it's captivating history, walkable location, diverse tenant mix, and 315 feet of highway frontage
Listing Agent
Prescott Commercial Real Estat License #BR626105000 Listed on: 04/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,478
Year Built
- Built in 1918
Lot Details
- 0.56 Acre Lot
- Landscaped
Parking
- Off-Street Parking
Home Design
- 21,849 Sq Ft Home
- Wood Frame Construction
- Rolled or Hot Mop Roof
- Block And Beam Construction
- Stucco
Flooring
- Carpet
- Concrete
- Tile
Utilities
- Evaporated cooling system
- Baseboard Heating
- Electric Water Heater
- Phone Available
Community Details
- Jerome Subdivision
Listing and Financial Details
- Assessor Parcel Number 40106152h
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 |
|---|---|---|---|---|
| 2026 | $7,046 | -- | -- | -- |
| 2024 | $6,993 | -- | -- | -- |
| 2023 | $6,993 | $372,675 | $15,941 | $356,734 |
| 2022 | $6,889 | $331,054 | $26,345 | $304,709 |
| 2021 | $7,177 | $292,977 | $26,345 | $266,632 |
| 2020 | $6,687 | $0 | $0 | $0 |
| 2019 | $6,546 | $0 | $0 | $0 |
| 2018 | $6,264 | $0 | $0 | $0 |
| 2017 | $6,743 | $0 | $0 | $0 |
| 2016 | $6,566 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | Price Changed | $4,000,000 | -90.0% | $183 / Sq Ft |
| 04/30/2025 04/30/25 | For Sale | $40,000,000 | -- | $1,831 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $590,000 | Future Advance Clause Open End Mortgage | |
| Closed | $870,000 | Commercial |
Source: Sedona Verde Valley Association of REALTORS®
MLS Number: 539144
APN: 401-06-152H
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