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$499,999
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Property Description
Successful Short Term Rental - This investment property was making $4,000 to $5,000 per month with unprofessional management and design. Historic financial reports could be made available upon request. Short Term Rentals ARE permitted. Property will be sold fully furnished and turnkey. Furniture included, no separate bill of sale necessary. We can recommend a local team of cleaners and handymen for the next operator. $60,000* / $540,000 = 11.1% Yield Gross ROI to Purchase Price *This math is for educational purposes only. We do NOT guarantee performanc
Full Property Details
Full Property Details for 7240 E Knighthood Ln
General
- Price: $499,999
- Taxes: $1,362 (2024)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6823682
- Updated: 11/21/2025
- Added to Site: 329 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, Furnished (See Remarks), Kitchen Island, Separate Shwr & Tub
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Fire Pit, Living Room
- Appliances: Electric Cooktop
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Playground
Parking
- Parking Features: Unassigned
Location
- County: Coconino
- Township: 22N
- Subdivision: SHERWOOD FOREST ESTATES
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: Hauled
Structural Information
- Builder: Unkown
- Exterior Const.: Wood Frame, Painted
- Roof: Composition
- Sq. Ft. Source: Assessor
- Year Built: 1988
Additional Structures
- Other Structures: Separate Guest House
Lot Features
- Lot Size (Acres): 1.01
- Lot Size (Sq. Ft.): 44,206
- Lot Size Source: Assessor
- Lot Features: Dirt Front, Dirt Back
Financial Considerations
- Tax Amount: $1,362
- Tax Year: 2024
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 109 SHERWOOD FOREST ESTATES
- Property ID: 203-19-046
- Range: 03E
- Section: 35
- Lot Number: 109
Listed by eXp Realty
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Schools
Schools serving 7240 E Knighthood Ln
School District:Maine Consolidated School District
| Name | Grades | Distance |
|---|---|---|
Maine Consolidated School 10 North Spring Valley Road, Parks, AZ 86018 | PK-8 | 5.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7240 E Knighthood Ln
Date
Details
Price
Change
Source
7/27/2025
Price Reduced
$499,999
-7.41%
MLS
2/20/2025
Listed
$540,000
12.5%
MLS
1/21/2022
Sold
$480,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7240 E Knighthood Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,477
8%
$32,013
-4%
2024
$1,362
4%
$33,338
-2%
2023
$1,310
1%
$33,926
32%
2022
$1,291
—
$25,692
24%
2022
$1,291
3%
$20,674
11%
2020
$1,257
—
$18,700
9%
2020
$1,257
8%
$17,234
8%
2018
$1,164
-2%
$15,895
16%
2017
$1,183
—
$13,720
30%
2016
$1,183
3%
$10,547
3%
2015
$1,145
36%
$10,263
5%
2013
$845
—
$9,814
14%
2013
$845
—
$8,583
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7240 E Knighthood Ln
7240 E Knighthood Lane, Williams, AZ 86046 (MLS# 6823682) is a Single Family property with 2 bedrooms and 1 full bathroom. 7240 E Knighthood Lane is currently listed for $499,999 and was received on February 20, 2025. Want to learn more about 7240 E Knighthood Lane? Do you have questions about finding other Single Family real estate for sale in Williams? You can browse all Williams real estate or contact a Coldwell Banker agent to request more information.

