7940 Fairoaks Dr
Prescott, AZ 86305
3 bd 2 ba 1,874 sqft Built 1994 Lot 35,284 sqft single_family
Most recent sale
$740,421
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 27, 2022 | Sold | $740,421 | Public Record |
| Apr 15, 2022 | Listed | $724,900 | MLS #1046330 |
| Dec 20, 2013 | Sold | $305,000 | MLS #973054 |
| Oct 25, 2013 | Relisted | $317,000 | MLS #973054 |
| Oct 24, 2013 | Listing removed | $317,000 | PrescottArea |
| Oct 5, 2013 | Price changed | $317,000 | MLS #973054 |
| Sep 7, 2013 | Listed | $324,000 | MLS #973054 |
| Nov 4, 1994 | Sold | $193,000 | Public Record |
| Apr 21, 1994 | Sold | $193,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $30,914 | $12,818 | $43,732 | $2,459 |
| 2023 | $26,564 | $10,591 | $37,155 | $1,970 |
| 2022 | $22,853 | $9,180 | $32,033 | $1,904 |
| 2021 | $21,625 | $8,226 | $29,851 | $1,959 |
| 2020 | $20,823 | $9,236 | $30,059 | $1,934 |
| 2019 | $19,892 | $4,533 | $24,425 | $1,897 |
| 2018 | $19,892 | $4,533 | $24,425 | $1,809 |
| 2017 | $18,319 | $4,334 | $22,653 | $1,731 |
| 2016 | $16,413 | $4,468 | $20,881 | $1,695 |
| 2015 | $16,194 | $4,380 | $20,574 | $1,633 |
| 2014 | $16,528 | $3,130 | $19,658 | $1,589 |
| 2013 | $14,204 | $2,020 | $16,224 | $1,742 |
| 2012 | $13,521 | $1,790 | $15,311 | $1,671 |
| 2010 | $17,272 | $8,660 | $25,932 | $1,827 |
| 2009 | $17,272 | $8,660 | $25,932 | $2,020 |
| 2008 | $19,881 | $10,300 | $30,181 | $1,805 |
| 2007 | $22,478 | $7,550 | $30,028 | $1,835 |
Property facts
Year built
1994
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,874 sqft
Lot size
35,284 sqft
ZIP code
86305
City
Prescott
Street
Fairoaks Dr
Coordinates
34.65636, -112.50809
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,905
Gross rental yield
4.71%
Implied cap rate
3.06%
Trend-extrapolated value
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Frequently asked questions
When did 7940 Fairoaks Dr last sell?
7940 Fairoaks Dr most recently sold on May 27, 2022 for $740,421.
What is the current tax assessment for 7940 Fairoaks Dr?
The most recent total assessment for 7940 Fairoaks Dr (year 2025) is $43,732 with $2,459 in property tax.
How does 7940 Fairoaks Dr's assessment compare to its last sale price?
The current assessment is 94.1% below the last sale price of $740,421.
When was 7940 Fairoaks Dr built?
7940 Fairoaks Dr was built in 1994.
How does 7940 Fairoaks Dr compare to others on Fairoaks Dr?
We track 5 other properties on Fairoaks Dr. Browse the list under "Other properties on Fairoaks Dr" to compare beds, baths, and sale history.
What are the property facts for 7940 Fairoaks Dr?
7940 Fairoaks Dr is a 3 bed, 2 bath, 1,874 sqft, 35,284 sqft lot single_family.
Is 7940 Fairoaks Dr a flip candidate?
No — 7940 Fairoaks Dr does not appear in our flips dataset.
Is 7940 Fairoaks Dr a tax-appeal candidate?
No — 7940 Fairoaks 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
+2.0%
Implied 1-yr
+7.9%
2026 Q3
$714.7K
2026 Q4
$727.2K
ZIP 86305 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Fairoaks Dr