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505 Franklin St

Prescott, AZ 86303

2 bd 2 ba 1,053 sqft Built 1946 Lot 7,405 sqft single_family
Most recent sale
$624,000
Aug 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 1, 2023 Listing removed $275,000 PrescottArea
Oct 9, 2023 Listing removed $275,000 PrescottArea
Aug 25, 2022 Sold $624,000 MLS #6439406
Jul 25, 2022 Listed $624,000 MLS #6439406
Jul 24, 2022 Listed $624,000 MLS #1049906
May 6, 2022 Sold $492,500 MLS #1047183
Apr 28, 2022 Listed $499,999 MLS #1047183
Nov 24, 2021 Sold $533,900 Public Record
Mar 17, 2012 Listing removed $275,000 PrescottArea
Mar 16, 2012 Listed $275,000 MLS #920960
Jun 24, 2008 Sold $220,500 MLS #927118
Apr 24, 2008 Listed $249,500 MLS #927118

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $17,321 $11,519 $28,840 $1,007
2023 $13,519 $9,376 $22,895 $778
2022 $11,311 $7,497 $18,808 $768
2021 $11,202 $7,027 $18,229 $824
2020 $10,017 $7,362 $17,379 $828
2019 $9,375 $5,858 $15,233 $822
2018 $9,012 $4,686 $13,699 $785
2017 $8,367 $4,640 $13,007 $757
2016 $8,071 $4,000 $12,071 $754
2015 $7,543 $3,580 $11,123 $731
2014 $6,523 $3,580 $10,103 $733
2013 $5,862 $2,980 $8,842 $678
2012 $6,847 $2,980 $9,827 $718
2011 $6,254 $4,710 $10,964 $692
2010 $8,039 $5,270 $13,309 $739
2009 $8,039 $5,270 $13,309 $808
2008 $10,727 $5,850 $16,577 $710
2007 $10,983 $5,850 $16,833 $726

Property facts

Year built
1946
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,053 sqft
Lot size
7,405 sqft
ZIP code
86303
City
Prescott
Street
Franklin St
Coordinates
34.53491, -112.48130

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,744
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 505 Franklin St last sell?
505 Franklin St most recently sold on Aug 25, 2022 for $624,000.
What is the current tax assessment for 505 Franklin St?
The most recent total assessment for 505 Franklin St (year 2025) is $28,840 with $1,007 in property tax.
How does 505 Franklin St's assessment compare to its last sale price?
The current assessment is 95.4% below the last sale price of $624,000.
When was 505 Franklin St built?
505 Franklin St was built in 1946.
How does 505 Franklin St compare to others on Franklin St?
We track 2 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 505 Franklin St?
505 Franklin St is a 2 bed, 2 bath, 1,053 sqft, 7,405 sqft lot single_family.
Is 505 Franklin St a flip candidate?
Yes — 505 Franklin St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 505 Franklin St a tax-appeal candidate?
No — 505 Franklin St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.8%
Implied 1-yr
+7.1%
2026 Q3
$646.7K
2026 Q4
$657K
ZIP 86303 — Median Price History + Forecast

Explore nearby

Other properties on Franklin St