$499,999
$50K PRICE DROP

7240 E Knighthood Ln Williams, AZ 86046

Parks Neighborhood

Estimated payment $2,875/month

Total Views 13,656
2 Beds
1 Bath
1,020 Sq Ft
$490 Price per Sq Ft

Highlights

  • Guest House
  • No HOA
  • Kitchen Island
  • Furnished
  • Eat-In Kitchen
  • Fire Pit

About This Home

Successful Short Term Rental - This investment property was making $4,000 to $5,000 per month with unprofessional management and design. Historic financial reports could be made available upon request.

Short Term Rentals ARE permitted. Property will be sold fully furnished and turnkey. Furniture included, no separate bill of sale necessary. We can recommend a local team of cleaners and handymen for the next operator.

$60,000* / $540,000 = 11.1% Yield Gross ROI to Purchase Price
*This math is for educational purposes only. We do NOT guarantee performanc

Listing Agent

Mike Stone

eXp Realty License #SA709162000 Listed on: 02/20/2025

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,362

Year Built

  • Built in 1988

Parking

  • Unassigned Parking

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,020 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Kitchen Island

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Fire Pit
  • Playground

Utilities

  • Central Air
  • Heating Available
  • Hauled Water
  • Septic Tank

Additional Features

  • 1.01 Acre Lot
  • Guest House

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Sherwood Forest Estates Subdivision

Listing and Financial Details

  • Tax Lot 109
  • Assessor Parcel Number 203-19-046

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,362

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Legal Info Range: 03E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1988
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.01
  • Subdivision Name: SHERWOOD FOREST ESTATES
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Fire Pit, 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Furnished(See Rmrks), Kitchen Island, Separate Shwr & Tub
  • Living Area: 1020.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Playground
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Other Structures: Separate Guest House
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Parking Features: Unassigned
  • Attached Garage: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Hauled
  • Heating:Electric: Yes
  • Sewer Septic Tank: 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: 44206.0
  • Parcel #: 203-19-046

Building Info

  • Builder Name: Unkown

Tax Info

  • Tax Annual Amount: 1362.0
  • Tax Book Number: 203.00
  • Tax Lot: 109
  • Tax Map Number: 19.00

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
2024 $1,362 $33,926 -- --
2023 $1,291 $25,692 $0 $0
2022 $1,291 $20,674 $0 $0
2021 $1,219 $18,700 $0 $0
2020 $1,257 $17,234 $0 $0
2019 $1,245 $15,895 $0 $0
2018 $1,164 $13,721 $0 $0
2017 $1,183 $10,547 $0 $0
2016 $1,183 $10,245 $0 $0
2015 $1,145 $9,814 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Price Changed $499,999 -9.1% $490 / Sq Ft
02/20/2025 02/20/25 For Sale $550,000 +14.6% $539 / Sq Ft
01/21/2022 01/21/22 Sold $480,000 -3.8% $471 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
11/19/2021 11/19/21 Price Changed $499,000 -8.4% $489 / Sq Ft
11/12/2021 11/12/21 For Sale $545,000 -- $534 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Driggs Title Agency Inc
Interfamily Deed Transfer -- Driggs Title Agency Inc
Interfamily Deed Transfer -- Pioneer Title Agency Inc
Interfamily Deed Transfer -- Pioneer Title Agency Inc
Warranty Deed $194,500 Pioneer Title Agency Inc
Quit Claim Deed -- Transnation Title
Warranty Deed $125,000 Transnation Title Insurance
Joint Tenancy Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $76,600 New Conventional
Open $130,000 Purchase Money Mortgage
Closed $130,000 Purchase Money Mortgage
Closed $130,000 Purchase Money Mortgage
Previous Owner $75,000 Purchase Money Mortgage
Previous Owner $127,000 Unknown
Previous Owner $45,000 New Conventional
Previous Owner $67,457 No Value Available
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6823682

Arizona Regional Multiple Listing Service (ARMLS)

APN: 203-19-046