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1940 Megan Way

Prescott, AZ 86301

3 bd 2 ba 2,453 sqft Built 2004 Lot 17,424 sqft single_family
Most recent sale
$660,000
Apr 5, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 6, 2022 Price changed $810,000 MLS #1050566
Sep 27, 2022 Price changed $820,000 MLS #1050566
Sep 16, 2022 Listed $825,000 MLS #6464916
Aug 25, 2022 Listed $825,000 MLS #1050566
Apr 5, 2021 Sold $660,000 MLS #1035770
Feb 6, 2021 Listed $629,900 MLS #6190964
Feb 4, 2021 Listed $629,900 MLS #1035770
May 27, 2010 Sold $375,000 Public Record
May 7, 2007 Listed $649,900 MLS #915648
Sep 18, 2006 Listed $669,900 MLS #907854
Sep 7, 2005 Sold $549,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $60,055 $12,812 $72,867 $2,317
2023 $50,371 $11,271 $61,642 $2,199
2022 $41,662 $11,411 $53,073 $2,169
2021 $42,245 $8,426 $50,671 $2,328
2020 $39,584 $7,950 $47,534 $2,338
2019 $35,537 $8,374 $43,911 $2,322
2018 $33,954 $7,613 $41,567 $2,218
2017 $31,885 $7,613 $39,498 $2,138
2016 $30,593 $7,320 $37,913 $2,129
2015 $27,238 $6,110 $33,348 $2,064
2014 $23,404 $4,070 $27,474 $2,059
2013 $22,653 $4,520 $27,173 $2,085
2012 $24,792 $4,520 $29,312 $2,142
2011 $24,411 $7,930 $32,341 $2,040
2010 $26,148 $11,360 $37,508 $2,083
2009 $26,148 $11,360 $37,508 $2,285
2008 $31,632 $13,140 $44,772 $2,026
2007 $34,127 $13,680 $47,807 $2,120

Property facts

Year built
2004
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,453 sqft
Lot size
17,424 sqft
ZIP code
86301
City
Prescott
Street
Megan Way
Coordinates
34.57709, -112.44904

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,802
Gross rental yield
6.91%
Implied cap rate
4.49%
Trend-extrapolated value

Frequently asked questions

When did 1940 Megan Way last sell?
1940 Megan Way most recently sold on Apr 5, 2021 for $660,000.
What is the current tax assessment for 1940 Megan Way?
The most recent total assessment for 1940 Megan Way (year 2025) is $72,867 with $2,317 in property tax.
How does 1940 Megan Way's assessment compare to its last sale price?
The current assessment is 89.0% below the last sale price of $660,000.
When was 1940 Megan Way built?
1940 Megan Way was built in 2004.
How does 1940 Megan Way compare to others on Megan Way?
We track 2 other properties on Megan Way. Browse the list under "Other properties on Megan Way" to compare beds, baths, and sale history.
What are the property facts for 1940 Megan Way?
1940 Megan Way is a 3 bed, 2 bath, 2,453 sqft, 17,424 sqft lot single_family.
Is 1940 Megan Way a flip candidate?
No — 1940 Megan Way does not appear in our flips dataset.
Is 1940 Megan Way a tax-appeal candidate?
No — 1940 Megan Way 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
+2.0%
Implied 1-yr
+8.1%
2026 Q3
$618.2K
2026 Q4
$629.2K
ZIP 86301 — Median Price History + Forecast

Explore nearby

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