5040 Somerset Dr
Cornville, AZ 86325
3 bd 2 ba 2,227 sqft Built 2005 Lot 7,405 sqft single_family
Most recent sale
$499,000
Jun 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 8, 2024 | Listing removed | $400,000 | PrescottArea |
| Jun 1, 2022 | Sold | $499,000 | MLS #529770 |
| Apr 20, 2022 | Listed | $499,000 | MLS #529770 |
| Dec 8, 2021 | Listed | $400,000 | MLS #1043923 |
| Mar 27, 2020 | Sold | $347,000 | MLS #521441 |
| Nov 18, 2019 | Price changed | $349,900 | MLS #521441 |
| Oct 25, 2019 | Listed | $359,900 | MLS #521441 |
| Dec 15, 2017 | Sold | $288,000 | MLS #513733 |
| Jul 13, 2017 | Listed | $298,000 | MLS #513733 |
| Jul 27, 2016 | Listing removed | $1,650 | AppfolioUnits |
| Jul 26, 2016 | Listing removed | $288,000 | SedonaVerde |
| Jul 14, 2016 | Listed for rent | $1,650 | AppfolioUnits |
| Jul 6, 2016 | Listing removed | $1,650 | AppfolioUnits |
| Jun 16, 2016 | Listed for rent | $1,650 | AppfolioUnits |
| Jun 1, 2016 | Price changed | $288,000 | MLS #508116 |
| Feb 13, 2016 | Price changed | $298,000 | MLS #508116 |
| Feb 11, 2016 | Price changed | $299,000 | MLS #508116 |
| Sep 13, 2015 | Listed | $309,000 | MLS #508116 |
| Jul 29, 2005 | Sold | $48,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $39,514 | $10,225 | $49,739 | $2,849 |
| 2023 | $35,845 | $8,778 | $44,623 | $2,621 |
| 2022 | $27,789 | $8,634 | $36,423 | $2,576 |
| 2021 | $25,332 | $7,440 | $32,772 | $2,691 |
| 2020 | $25,380 | $3,723 | $29,103 | $2,641 |
| 2019 | $22,121 | $3,780 | $25,901 | $2,985 |
| 2018 | $22,121 | $3,780 | $25,901 | $2,875 |
| 2017 | $21,309 | $3,780 | $25,089 | $2,758 |
| 2016 | $21,781 | $3,100 | $24,881 | $2,683 |
| 2015 | $21,273 | $2,640 | $23,913 | $2,634 |
| 2014 | $18,379 | $2,590 | $20,969 | $2,384 |
| 2013 | $14,479 | $2,590 | $17,069 | $2,116 |
| 2012 | $12,928 | $2,590 | $15,518 | $2,209 |
| 2011 | $14,730 | $2,590 | $17,320 | $2,053 |
| 2010 | $18,343 | $5,360 | $23,703 | $2,185 |
| 2009 | $18,343 | $5,360 | $23,703 | $2,297 |
| 2008 | $20,486 | $5,950 | $26,436 | $2,640 |
| 2007 | $27,148 | $5,810 | $32,958 | $2,723 |
Property facts
Year built
2005
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,227 sqft
Lot size
7,405 sqft
ZIP code
86325
City
Cornville
Street
Somerset Dr
Coordinates
34.72269, -111.97166
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,452
Gross rental yield
8.30%
Implied cap rate
5.40%
Trend-extrapolated value
—
Frequently asked questions
When did 5040 Somerset Dr last sell?
5040 Somerset Dr most recently sold on Jun 1, 2022 for $499,000.
What is the current tax assessment for 5040 Somerset Dr?
The most recent total assessment for 5040 Somerset Dr (year 2025) is $49,739 with $2,849 in property tax.
How does 5040 Somerset Dr's assessment compare to its last sale price?
The current assessment is 90.0% below the last sale price of $499,000.
When was 5040 Somerset Dr built?
5040 Somerset Dr was built in 2005.
How does 5040 Somerset Dr compare to others on Somerset Dr?
We track 8 other properties on Somerset Dr. Browse the list under "Other properties on Somerset Dr" to compare beds, baths, and sale history.
What are the property facts for 5040 Somerset Dr?
5040 Somerset Dr is a 3 bed, 2 bath, 2,227 sqft, 7,405 sqft lot single_family.
Is 5040 Somerset Dr a flip candidate?
No — 5040 Somerset Dr does not appear in our flips dataset.
Is 5040 Somerset Dr a tax-appeal candidate?
No — 5040 Somerset Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.6%
Implied 1-yr
-2.6%
2026 Q3
$343.9K
2026 Q4
$341.6K
ZIP 86325 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Somerset Dr