Listing Courtesy of: Travis C Hinton - Citiea 480-870-3110
For Sale

540 N KAREN Drive Prescott, AZ 86303

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Single Family Residence
3 Beds
2 Baths
1,350 Sq. Ft.
0.36 Acre Lot

Property Activity

Time on Site
19 days
Days on Market
Views
12
Saves
0
Last updated on 1/6/2025 4:20 AM
Charming brick cottage nestled on two combined lots, this solid brick home has been well maintained and cared for. The outdoor space offers beauty and privacy with its stunning stone wall and lavish gardens, and plenty of space for family gatherings. Inside, enjoy real wood flooring, a wood-burning ...stone fireplace, and newly renovated bathroom and kitchen with new appliances. Enjoy your morning coffee on the deck taking in beautiful views of the forest. The lower level offers in-law suite and income potential with separate access, plus RV parking as a bonus. Experience peaceful county living with city water — all just minutes away from Goldwater Lake and downtown Prescott. A true treasure! Charming Solid Brick Home with Unique Features and Prime Location - Prescott, AZ Welcome home to this beautifully renovated solid brick gem, offering the perfect blend of modern updates and timeless charm. Nestled on a unique and oversized lot, this property combines tranquility, convenience, and functionality, making it ideal for families, entertainers, or anyone seeking extra space and privacy. Key Features: Recently Renovated Interior: " Hardwood Flooring: The kitchen and living room feature stunning real wood floors, adding warmth and sophistication. " Modern Kitchen: Enjoy cooking in the newly updated kitchen, boasting fresh countertops, all-new appliances, and unique cabinet space. " Updated Bathrooms: Both bathrooms have been tastefully renovated to ensure comfort and style. " Freshly Painted: A neutral color palette throughout creates a bright and inviting atmosphere. Timeless Charm: " Wood-Burning Fireplace: The cozy living room centers around a wood-burning fireplace, crowned with a one-of-a-kind original painting by the home's first owner. " Unique Details: A vintage wall-mounted phone adds character and a touch of nostalgia. Outdoor Oasis: " Expansive Lot: This property combines two lots into one, offering ample space for outdoor living and recreation. " Beautiful Landscaping: Delight in the vibrant flowers, including blooming roses, and lush greenery that surrounds the home. " Stone Wall Privacy: A charming stone wall encloses the backyard, providing seclusion for gatherings or quiet relaxation. " RV Parking: There's plenty of space for RV parking, making this home perfect for adventurers or visitors. Additional Living Potential: " In-Law Suite Ready: The downstairs area features a separate entrance, making it ideal for a potential in-law suite or rental opportunity. It could accommodate a living room and one bedroom or two bedrooms, depending on your needs. Convenient Location: " Situated in the county with access to city water and newly installed water lines and a fire hydrant. " Close to Nature: Just minutes from Goldwater Lake, enjoy hiking, fishing, and outdoor adventures. " Near Downtown Prescott: A short drive to the vibrant Courthouse area, with shopping, dining, and entertainment options. This home offers the perfect combination of modern updates, historic charm, and outdoor living potential. With only two previous owners, it has been lovingly maintained and improved to create a space that feels truly special. Don't miss your chance to own this unique property in one of Prescott's most desirable areas. See why this home is the perfect fit for you! Continue reading
MLS#
6795784
Property Type
Single Family
Bedrooms
3
Bathrooms
Year Built
1963
Square Feet
1,350 sq. ft
Lot Size
0.36
Sewer
No Sewer, Holding Tank

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Tax History for 540 Karen Dr

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Year Property Taxes Change Tax Assessment Change
2022$1,692
-
-$12,599
+9.45%
+9.45%
2021$1,692
+1.26%
+1.26%$11,511
-4.75%
-4.75%
2020$1,671
+5.56%
+5.56%$12,085
+19.11%
+19.11%
2019$1,583
+15.21%
+15.21%$10,146
-0.12%
-0.12%
2018$1,374
$10,158
No records available.
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Data sourced from public records, where available.

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Rental Valuation Estimate for 540 Karen Dr

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The Xome Value displayed in connection with a property is computer-generated by the application of various proprietary mathematical formulas and techniques using currently available local market, licensed and proprietary data. The displayed Xome Value is not prepared or provided by a licensed appraiser, does not constitute an appraisal of the subject property, and should not be relied upon as such. Data used to generate the Xome Value does not include information that could be derived from a visible inspection of the subject property and its surroundings. The condition of a property can materially affect the accuracy of a property's Xome Value. The data, and information derived from such data, in a Xome Value is provided on an "AS AVAILABLE" and "AS IS" basis and is provided for informational purposes only. Although we have attempted to provide reliable data and use reliable methodologies in providing a property's Xome Value, Xome Inc., its affiliates and their respective members, directors, officers and employees make no representations or warranties regarding the accuracy of a property's Xome Value on any specific date and expressly disclaim the obligation to update such value. All uses of the Xome Value are at the user's sole risk, and shall be for personal, non-commercial use and for no other purpose. Xome Inc., its affiliates and their respective members, directors, officers and employees are not liable for the accuracy of a property's Xome Value or any information related thereto. Your use of Xome Value must in all cases comply with all applicable laws and regulations.

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Comparable Home Sales for 540 Karen Dr

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Comparable nearby sales are a major factor used by the Xome Value® to estimate the value of a home.

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# Address List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
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# Address List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
Empty Column Median Label List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
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The Comparable Home Sales chart is produced by analyzing a data set that contains the last 5 years of property sales within 3 miles of the subject property. Each property in this data set is analyzed on multiple factors such as square footage, bedrooms, bathrooms, lot size and more to arrive at a 'Relevance Score.' Comparable properties are then ordered from most similar to least similar for comparison purposes.

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Nearby Schools for 540 Karen Dr

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Public Schools

Rating School Name Grades Distance
7 Rio Rico High School 9-12 6.92 mi
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Private Schools

Rating School Name Grades Distance
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Source: Walk Score®

Area Statistics

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People

Zip City County National
Population 1,522 1,274 47,463 329.73M
Population Density 11 118 38 93
People per Household 1.9 1.9 2.9 2.6
Median Age 66.5 66.5 37.2 38.4
Median Household Income $74,714 $74,714 $45,089 $69,021
Average Income $55,094 $55,094 $22,985 $37,638

Economy

Zip City County National
Unemployment 5.70 % 5.70 % 5.70 % 3.20 %
Recent Job Growth 0.18 % 0.18 % 0.18 % 1.40 %
Future Job Growth 30.69 % 30.69 % 30.69 % 42.20 %
Sales Tax 6.60 % 6.60 % 8.60 % 7.02 %
Income Tax 4.17 % 4.17 % 4.17 % 22.00 %
Cost of Living Index 107 112 86 100

Environment

Zip City County National
Altitude 3207 3209 4544 2443
Rainfall (inches annually) 16.4 16.4 17.9 38.1
Snowfall (inches annually) 0.4 0.4 1.0 27.8
January Avg. Low Temp 32.1 32.1 31.7 21.7
July Avg. High Temp 95.9 95.9 93.1 85.8
Days of Precipitation Annually 58 58 60 106
Days Mostly Sunny Annually 284 284 284 205
Comfort Index (during hot weather) 7 7 8 7
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Source: Sperling's Best Places

Median Sales Price/Sq.Ft. in 86303

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The median price represents a midpoint for property values in the market — half of the properties sold for a higher price and half sold for lower. The median value (as opposed to average) is used so that extreme sales prices, both high and low, don't skew the interpretation of where property values in a market are heading.

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Months of Supply in 86303

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This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.

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Source: Xome Licensing (Xome CT LLC via, in part, its MLS licenses). Data through 1/1/2025.

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Listing Courtesy of: Travis C Hinton - Citiea 480-870-3110
Andrea Conner, License #BR685747000, Xome Inc., License #LC658141000 AndreaD.Conner@Xome.com, 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Information deemed reliable but not guaranteed. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. The ARMLS logo indicates a property listed by a real estate brokerage other than this broker. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
This content last refreshed on 1/6/2025 4:20 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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