NOT LISTED FOR SALE

7475 E Penny Ln Prescott Valley, AZ 86315

Estimated Value: $493,000 - $626,026

3 Beds
2 Baths
1,955 Sq Ft
$292/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $540,000 $276 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,066/month

156 Days on Market

Highlights

  • RV Parking in Community
  • Outdoor Water Feature
  • Covered Patio or Porch
  • Mountain View
  • No HOA
  • Separate Outdoor Workshop

About This Home

As of June 2024

BEAUTIFUL move-in ready home on a 2-acre horse property with no HOA!! This mini-ranch has panoramic views, horse stables with water access, a cement pond, chicken coops, and expansive covered patios that are perfect morning coffee! This peaceful property is fully fenced with a solar-powered gate, RV pad with power/sewer, a large storage shed, and an additional detached Graceland garage perfect for vehicles, UTVs, Lawnmowers, yard equipment, or a workshop. This spacious 3-bedroom home has an open floor plan, raised ceilings, and a large sunny kitchen that is perfect for entertaining. The home's interior has fresh paint, newer wood plank laminate floors, custom tile showers, and updated fixtures throughout. Cozy fireplace with a wood pellet insert will keep you warm all winter!

Last Agent to Sell the Property

Monica Teixeira PLLC

Realty ONE Group Mountain Desert License #SA678154000 Listed on: 11/15/2023

Realty ONE Group Mountain Desert

Last Buyer's Agent

Mary Litchfield

Realty ONE Group Mountain Desert License #SA681846000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,655

Year Built

  • Built in 2007

Lot Details

  • 2.01 Acre Lot
  • Property fronts a county road
  • Dirt Road
  • Cul-De-Sac
  • Rural Setting
  • Dog Run
  • Back Yard Fenced
  • Perimeter Fence
  • Level Lot
  • Landscaped with Trees
  • Property is zoned RCU2A

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Mountain
  • Mingus Mountain
  • Hills

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,955 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Vertical Blinds
  • Drapes & Rods
  • Window Screens
  • Open Floorplan
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Flooring

  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Water Feature
  • Separate Outdoor Workshop
  • Shed
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Powered By Leased Propane
  • 220 Volts
  • Private Company Owned Well
  • Propane Water Heater
  • Septic System

Additional Features

  • Level Entry For Accessibility
  • Mare Motel

Community Details

  • No Home Owners Association
  • Poquito Valley Subdivision
  • RV Parking in Community
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 33

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,655

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • ResidentialStatus: Existing
  • Prop. Type: Residential
  • Property Sub Type: Site Built Single Family
  • Architectural Style: Ranch
  • FILLYEARBUILT: 2007
  • Exclusions: No
  • Special Features: VirtualTour
  • Year Built: 2007

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Microwave
  • Flooring: Concrete, Laminate
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Fireplace-Insert, Garage Door Opener(s), Garden Tub, Kit/Din Combo, Kitchen Island, Liv/Din Combo, Live on One Level, Master On Main, Raised Ceilings 9+ft, Smoke Detector(s), Tile Counters, Walk-In Closet(s), Wash/Dry Connection
  • Has Basement: Slab
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1955
  • Stories: 1
  • Window Features: Double Pane Windows, Drapes, Vertical Blinds
  • Other Rooms: Laundry Room,Workshop
  • SplitBedroomPlan: Yes

Exterior Features

  • Exterior Features: Dog Run, Driveway Concrete, Driveway Gravel, Fence - Backyard, Fence - Perimeter, Landscaping-Front, Level Entry, Patio-Covered, Porch-Covered, Screens/Sun Screens, Shed(s), Storm Gutters, Water Feature, Workshop
  • Roof: Composition
  • Road Frontage Type: County Road
  • Road Surface Type: Dirt
  • Topography: Cul-De-Sac,Level,Other Trees,Rural,Valley,Views
  • View: Glassford Hill, Mingus Mountain, Mountain(s)
  • Construction Type: Wood Frame, Stucco
  • Neighborhood: N/A

Garage/Parking

  • Garage Spaces: 3
  • Total Parking Spaces: 3
  • Garage Detached: 1.00
  • CarportAttached: 0.00
  • CarportDetached: 0.00
  • RVGarageParkingFeatures: RV - Hookups,RV - Pad
  • RVGarageParking: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air Gas, Pellet Stove
  • Utilities: Service - 220v, Electricity On-Site, Propane - Rent, Propane, Well Private, WWT - Septic Conv
  • Water Heater: Propane

Condo/Co-op/Association

  • Association: No

Lot Info

  • Horse Amenities: Mare Motel, See Remarks, Shed
  • Zoning: RCU2A
  • Land Lease: No
  • Lot Size Acres: 2.01
  • Lot Size Sq Ft: 80159
  • Additional Parcels: No
  • AssessorsBook: 306
  • AssessorsMap: 1
  • AssessorsParcel: 33
  • AssessorParcelLtr: Q

Rental Info

  • PetsAnimals: Domestics,Farm Animals,Horses

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1655
  • Tax Parcel Letter: 306-01-033Q

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Jun 5, 2024
Sold by
Cave Michael D and Cave Cheryl E
Bought by
Sanford Terrell and Sanford Mary
Seller's Agent
Monica Teixeira PLLC
Realty ONE Group Mountain Desert
Buyer's Agent
Mary Litchfield
Realty ONE Group Mountain Desert
List Price
$558,000
Sold Price
$540,000
Premium/Discount to List
-$18,000
-3.23%
Views
221
Current Estimated Value
$571,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,257
Avg. Annual Appreciation
3.60%
Original Mortgage
$810,000
Outstanding Balance
$652,685
Interest Rate
7.22%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
-$81,428

Purchase Details

Listed on
Nov 15, 2023
Closed on
May 20, 2024
Sold by
Cave Michael D and Cave Cheryl E
Bought by
Sanford Terrell and Sanford Mary
Seller's Agent
Monica Teixeira PLLC
Realty ONE Group Mountain Desert
Buyer's Agent
Mary Litchfield
Realty ONE Group Mountain Desert
List Price
$558,000
Sold Price
$540,000
Premium/Discount to List
-$18,000
-3.23%
Views
221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Outstanding Balance
$652,685
Interest Rate
7.22%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
-$81,428

Purchase Details

Closed on
Jul 7, 2022
Sold by
Cave Gwyneth
Bought by
Cave Michael D and Cave Cheryl E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2007
Sold by
Roberts Lester G and Roberts Kimberly K
Bought by
Cave Gwyneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2006
Sold by
Lay Donald and Romero Lay Colleen
Bought by
Roberts Lester G and Roberts Kimberly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.25%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Sanford Terrell $540,000 Pioneer Title
Sanford Terrell $540,000 Pioneer Title
Cave Michael D $360,000 Yavapai Title Agency
Cave Gwyneth $335,000 Transnation Title Ins Co
Roberts Lester G $96,500 Yavapai Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanford Terrell $810,000
Closed Sanford Terrell $810,000
Closed Sanford Terrell $810,000
Closed Sanford Terrell $810,000
Previous Owner Cave Michael D $288,000
Previous Owner Cave Gwyneth $268,000
Previous Owner Roberts Lester G $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2024 06/14/24 Off Market $540,000 -- --
06/12/2024 06/12/24 Sold $540,000 -1.6% $276 / Sq Ft
04/20/2024 04/20/24 Pending -- -- --
03/21/2024 03/21/24 Price Changed $549,000 -0.2% $281 / Sq Ft
01/03/2024 01/03/24 Price Changed $550,000 -1.4% $281 / Sq Ft
11/15/2023 11/15/23 For Sale $558,000 -- $285 / 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 $1,299 $44,716 -- --
2024 $1,655 $46,968 -- --
2023 $1,655 $38,837 $5,737 $33,100
2022 $1,614 $31,691 $4,577 $27,114
2021 $1,700 $28,872 $4,532 $24,340
2020 $1,666 $0 $0 $0
2019 $1,664 $0 $0 $0
2018 $1,600 $0 $0 $0
2017 $1,566 $0 $0 $0
2016 $1,543 $0 $0 $0
2015 $1,451 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Monica Teixeira PLLC

    Realty ONE Group Mountain Desert

    (480) 452-3245

    59 Total Sales

    Monica Teixeira PLLC
    Section Image

  • M

    Buyer's Agent in 2024

    Mary Litchfield

    Realty ONE Group Mountain Desert

  • M

    Buyer's Agent in 2024

    Mary Sanford

    Marchment Realty

    Section Image
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Map

Source: Prescott Area Association of REALTORS®

MLS Number: 1060399

Prescott Area Association of REALTORS®

APN: 306-01-033Q

Arizona Yavapai County Prescott Valley 86315

7475 E Penny Ln, Prescott Valley, AZ

Not Listed for Sale

Detached

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