$75,000
SOLD FEB 28, 2020

481 Palmer Place W Prescott, AZ 86303

0.42 Acre
$178,571 Price per Acre
18,295 Sq Ft Lot

Recently Sold

53% Below List Price

2,097 Days on Market

Highlights

  • Panoramic View
  • Pine Trees
  • Gentle Sloping Lot
  • Taylor Hicks School Rated A-
  • Hilltop Location

About This Lot

As of February 2020

Exclusive lot on Palmer Hill is now available! Amazing panoramic views of the San Francisco Peaks, Mingus Mountains, Bradshaw Mountains, and Prescott National Forest. A short walk to Downtown Prescott, but with the privacy of remote mountain living. You will enjoy Arizona's amazing sunrises from this hillside location unscathed by any obstructions. The pristine topography of this lot will provide the perfect setting for your dream home.

Last Agent to Sell the Property

James Rusch-Michener

Better Homes And Gardens Real Estate Bloomtree Realty License #SA646862000 Listed on: 05/14/2014

Last Buyer's Agent

LUCAS MANN

WEST USA OF PRESCOTT-GURLEY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,104

Lot Details

  • 0.42 Acre Lot
  • Gentle Sloping Lot
  • Hilltop Location
  • Pine Trees
  • Property is zoned SF-9

HOA Fees

  • $108 Monthly HOA Fees

Property Views

  • Panoramic
  • City
  • Trees
  • Thumb Butte
  • San Francisco Peaks
  • Mountain
  • Bradshaw Mountain
  • Mingus Mountain
  • Forest

Community Details

  • Association Phone (928) 776-4479
  • Palmer Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 95

Property Details

Property Type

Land

Est. Annual Taxes

$1,104

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Special Features: None

Exterior Features

  • Fencing: None
  • Topography: Hilltop,Juniper/Pinon,Other - See Remarks,Other Trees,Ponderosa Pine,Sloped - Gentle,Views
  • View: Bradshaw Mountain, City, Granite Mountain, Mingus Mountain, Mountains, National Forest, Panoramic, Ponderosa Pine, SF Peaks, Thumb Butte
  • Home Warranty: No
  • Neighborhood: N/A
  • RoadAccessMaintenance: Access-City,Access-Paved,Access-Rec. Easement

Utilities

  • Utilities: Other
  • UtilitiesAvailable: City Sewer,City Water,Electricity,Natural Gas,Other See Remarks,Telephone

Condo/Co-op/Association

  • Association Fee: 325
  • Association Fee Frequency: Quarterly
  • Phone: 9287764479
  • Association: Yes
  • AssociationType: Homeowners

Lot Info

  • Zoning: SF-9
  • Lot Size Acres: 0.42
  • AssessorsBook: 110
  • AssessorsMap: 3
  • AssessorsParcel: 95
  • LotNumber: 7
  • LotImprovements: Curbs
  • BuildingRestriction: Architecture,Other - See Remarks,SB Homes Only,Square Footage
  • SiteSoilEvaluation: Other - See Remarks
  • ListPriceAcres: 247619.00

Rental Info

  • PetsAnimals: Domestics

Tax Info

  • Year: 2013
  • Tax Annual Amount: 1104
  • Tax Parcel Letter: 110-03-095

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2014
Closed on
Feb 28, 2020
Sold by
Palmer Michael B
Bought by
Knoll Norman
Seller's Agent
James Rusch-Michener
Better Homes And Gardens Real Estate Bloomtree Realty
Buyer's Agent
LUCAS MANN
WEST USA OF PRESCOTT-GURLEY
List Price
$159,000
Sold Price
$75,000
Premium/Discount to List
-$84,000
-52.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.37%
Original Mortgage
$30,000
Interest Rate
3.6%
Mortgage Type
Seller Take Back
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $75,000 Yavapai Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $565,000 Construction
Closed $30,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $1,395,000 -5.7% $491 / Sq Ft
07/14/2025 07/14/25 Price Changed $1,480,000 -1.0% $521 / Sq Ft
07/09/2025 07/09/25 For Sale $1,495,000 +1893.3% $527 / Sq Ft
02/28/2020 02/28/20 Sold $75,000 -52.8% --
01/29/2020 01/29/20 Pending -- -- --
05/13/2014 05/13/14 For Sale $159,000 -- --
Source: Prescott Area 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
2026 $750 -- -- --
2024 $735 -- -- --
2023 $735 $13,642 $13,642 $0
2022 $720 $13,192 $13,192 $0
2021 $751 $12,978 $12,978 $0
2020 $752 $0 $0 $0
2019 $743 $0 $0 $0
2018 $716 $0 $0 $0
2017 $683 $0 $0 $0
2016 $830 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Prescott Area Association of REALTORS®

MLS Number: 978428

Prescott Area Association of REALTORS®

APN: 110-03-095