NOT LISTED FOR SALE

557 Shalimar Dr Prescott, AZ 86303

Estimated Value: $597,000 - $690,000

4 Beds
2.5 Baths
1,908 Sq Ft
$338/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $575,000 $301 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,481/month

61 Days on Market

Highlights

  • RV Parking in Community
  • Covered Deck
  • Cul-De-Sac
  • Lincoln Elementary School Rated A-
  • No HOA
  • Walk-In Closet

About This Home

As of January 2023

Located just minutes to downtown Prescott this charming home on a Cul De Sac without a HOA.This remodeled home boasts a spacious split level floor plan. Remodel includes new kitchen and bathrooms 3 bedrooms plus lower bedroom or family room with half bath.Large deck overlooks the fenced backyard with lots of Trees.Heated 2 car garage, plus extra storage plus RV parking. Roof is only 5 years old.

Last Agent to Sell the Property

Brian Monksfield

Flex Realty License #BR636548000 Listed on: 11/11/2022

Co-Listed By

Terri Monksfield

Flex Realty License #SA649331000

Last Buyer's Agent

RANDALL RIESBERG

CENTURY 21 PRESCOTT VALLEY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,186

Year Built

  • Built in 1964

Lot Details

  • 10,019 Sq Ft Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Landscaped with Trees
  • Property is zoned SF9

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,908 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Fireplace
  • Vertical Blinds
  • Aluminum Window Frames
  • Window Screens
  • Open Floorplan
  • Finished Basement
  • Exterior Basement Entry
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Granite Bathroom Countertops

Outdoor Features

  • Covered Deck
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Shalimar Estates Subdivision
  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 108 03 018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,186

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • ResidentialStatus: Existing
  • Prop. Type: Residential
  • Property Sub Type: Site Built Single Family
  • Architectural Style: Multi-Level
  • FILLYEARBUILT: 1964
  • Special Features: None
  • Year Built: 1964

Interior Features

  • Appliances: Dishwasher, Oven, Range
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Wood Burning Fireplace, Garage Door Opener(s), Granite Counters, Kit/Din Combo, Liv/Din Combo, Raised Ceilings 9+ft, Walk-In Closet(s), Wash/Dry Connection
  • Number Of Buildings: 1
  • Has Basement: Finished, Inside Entrance, Outside Entrance, Slab
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 1908
  • Stories: 2
  • Window Features: Aluminum Frames, Screens, Vertical Blinds
  • Other Rooms: Family Room,Laundry Room
  • SplitBedroomPlan: No

Exterior Features

  • Exterior Features: Covered Deck, Deck-Open, Driveway Asphalt, Fence - Backyard, Landscaping-Front, Landscaping-Rear, Screens/Sun Screens, Storm Gutters
  • Roof: Composition
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Topography: Cul-De-Sac,Other Trees
  • Construction Type: Block, Brick, Wood Frame
  • Neighborhood: N/A

Garage/Parking

  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • Garage Detached: 0.00
  • CarportAttached: 0.00
  • CarportDetached: 0.00
  • RVGarageParking: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air Gas, Natural Gas
  • Utilities: Service - 220v, Cable TV On-Site, Electricity On-Site, Natural Gas On-Site, Telephone On-Site, Water - City, WWT - City Sewer
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: SF9
  • Land Lease: No
  • Lot Size Acres: 0.23
  • Additional Parcels: No

Rental Info

  • PetsAnimals: Domestics

Tax Info

  • Tax Parcel Letter: 108 03 018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
Jan 5, 2023
Sold by
Prescott Experiment Llc
Bought by
Arthur Willam and Noble Tara
Seller's Agent
Brian Monksfield
Flex Realty
Buyer's Agent
RANDALL RIESBERG
CENTURY 21 PRESCOTT VALLEY REALTY
List Price
$625,000
Sold Price
$575,000
Premium/Discount to List
-$50,000
-8%
Views
31
Current Estimated Value
$644,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,859
Avg. Annual Appreciation
4.20%
Original Mortgage
$460,000
Outstanding Balance
$445,486
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$199,373

Purchase Details

Listed on
Nov 11, 2022
Closed on
Dec 28, 2022
Sold by
Prescott Experiment Llc
Bought by
Arthur Willam and Noble Tara
Seller's Agent
Brian Monksfield
Flex Realty
Buyer's Agent
RANDALL RIESBERG
CENTURY 21 PRESCOTT VALLEY REALTY
List Price
$625,000
Sold Price
$575,000
Premium/Discount to List
-$50,000
-8%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Outstanding Balance
$445,486
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$199,373

Purchase Details

Closed on
Aug 10, 2020
Sold by
Minor Jared
Bought by
Prescott Experiment Llc

Purchase Details

Listed on
Mar 25, 2017
Closed on
Apr 21, 2017
Sold by
Polachek Thomas and Polachek Linda
Bought by
Minor Jared E
Seller's Agent
Timothy Burke
Realty Executives Northern AZ
Buyer's Agent
Rena Bergman
Realty Executives Northern AZ
List Price
$342,680
Sold Price
$335,000
Premium/Discount to List
-$7,680
-2.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$234,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2017
Closed on
Apr 13, 2017
Sold by
Minor Christine Sinden and Minor Jares E
Bought by
Minor Jared E
Seller's Agent
Timothy Burke
Realty Executives Northern AZ
Buyer's Agent
Rena Bergman
Realty Executives Northern AZ
List Price
$342,680
Sold Price
$335,000
Premium/Discount to List
-$7,680
-2.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2015
Sold by
Polachek Linda and Torres Linda Susan
Bought by
Polachek Thomas and Polachek Linda
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Arthur Willam $575,000 Yavapai Title
Arthur Willam $575,000 Yavapai Title
Prescott Experiment Llc -- None Available
Minor Jared E $335,000 Yavapai Title
Minor Jared E -- Yavapai Title
Polachek Thomas -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arthur Willam $460,000
Closed Arthur Willam $460,000
Previous Owner Minor Jared E $234,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2023 01/12/23 Sold $575,000 -4.0% $301 / Sq Ft
11/29/2022 11/29/22 Price Changed $599,000 -4.2% $314 / Sq Ft
11/11/2022 11/11/22 For Sale $625,000 +86.6% $328 / Sq Ft
05/09/2017 05/09/17 Sold $335,000 -2.2% $176 / Sq Ft View Prior Sale
04/09/2017 04/09/17 Pending -- -- --
03/25/2017 03/25/17 For Sale $342,680 -- $180 / Sq Ft
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 $1,186 $42,893 -- --
2024 $1,425 $39,493 -- --
2023 $1,425 $30,820 $9,376 $21,444
2022 $1,397 $25,331 $7,497 $17,834
2021 $1,456 $24,972 $7,027 $17,945
2020 $1,459 $0 $0 $0
2019 $1,440 $0 $0 $0
2018 $1,389 $0 $0 $0
2017 $1,325 $0 $0 $0
2016 $1,123 $0 $0 $0
2015 $1,089 $0 $0 $0
2014 $1,089 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Prescott Area Association of REALTORS®

MLS Number: 1052497

Prescott Area Association of REALTORS®

APN: 108-03-018