$492,400
- 1 Bed
- 1 Bath
- 494 sqft
116 E Terrace Ave, Flagstaff, AZ 86001
Est. Refi. Payment $2,777/mo*
Refinance Your HomeCurrently Off Market - Sold Feb 22, 2021 for $368,000
Home Value
Trulia Estimate
$492KSince last month
Decreased$7K (-1.5%)Since last year
Decreased$8K (-1.6%)Since last sale
Increased$124K (+33.8%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +122% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $492K |
| July 2026 | $500K |
| June 2026 | $508K |
| May 2026 | $499K |
| April 2026 | $504K |
| March 2026 | $502K |
| February 2026 | $491K |
| January 2026 | $493K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.54 | Single-Family Home | $376,000 | 09/05/25 | 2 | 1 | 1,032 | |
0.10 | Single-Family Home | $408,000 | 06/23/26 | 3 | 3 | 1,760 | |
0.41 | Single-Family Home | $837,500 | 02/27/26 | 2 | 1 | 994 | |
0.51 | Single-Family Home | $420,000 | 11/14/25 | 3 | 1 | 1,065 | |
0.14 | Single-Family Home | $941,000 | 03/04/26 | 3 | 2.5 | 1,911 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $1,175,500 | 3 | 3 | 2,616 | Off Market | |
0.03 | $752,400 | 3 | 2 | 1,300 | Off Market | |
0.04 | $705,800 | Studio | 2 | 1,224 | Off Market | |
0.34 | $853,500 | 6 | 2.5 | 3,058 | Off Market | |
0.01 | $672,300 | Studio | 2 | 1,501 | Off Market | |
0.03 | $1,492,500 | 3 | 2 | 1,620 | Off Market | |
0.04 | $633,600 | Studio | 2 | 282 | Off Market | |
0.07 | $655,800 | 1 | 1 | 483 | Off Market | |
0.05 | $942,600 | Studio | 2 | 1,639 | Off Market | |
0.06 | $551,200 | Studio | 1 | 790 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1940
Living Area
494 sqft
Price/Sqft
$997
About this House
CHERRY HILL! Super cool stone cottage just a stone's throw from downtown Flagstaff. Very close to the town square, shops and restaurants, Flagstaff Medical Center, Northern Arizona University, and more. Ideal for year round or seasonal living, investment, work from home, vacation rental, long term rental. Very favorable zoning offers multiple possibilities. Single level one bedroom on a large lot includes living room, kitchen, dining, bath, and a great view of the San Francisco Peaks. GORGEOUS HARDWOOD FLOORS! An excellent opportunity to live in the heart of Flagstaff!
116 E Terrace Ave, Flagstaff, AZ 86001 is a 1 bedroom, 1 bathroom, 494 sqft single-family home in Downtown Flagstaff, built in 1940. It last sold for $368,000 on Feb 22, 2021. More recently, it was listed as a rental in March 2017 with an asking price of $850 per month. That rental listing was removed on March 29, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $492,400, with a rent estimate of $1,284/month.
Home Details for 116 E Terrace Ave
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Heating & Cooling Heating: Baseboard, GasHeating Fuel: Baseboard |
Levels, Entrance, & Accessibility Stories: 1Floors: Hardwood, Linoleum Vinyl |
Interior Details Number of Rooms: 3Types of Rooms: Dining Room |
Appliances & Utilities Cable ReadyRefrigerator |
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Exterior Home Features Roof: AsphaltExterior: Stone, Wood |
Pool Pool |
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Year Built Year Built: 1940 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 6534 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 1, 2022 Source: NAZMLS #190339 | ListingRemoved | |
Jun 22, 2022 Source: NAZMLS #190339 | Listed For Sale | $520,000 |
Sep 14, 2021 Source: NAZMLS #187246 | ListingRemoved | |
Sep 2, 2021 Source: NAZMLS #187246 | Listed For Sale | $489,500 |
Feb 22, 2021 Source: N/A | Sold | $368,000 |
Jan 20, 2021 Source: Agent Provided | Pending | $429,000 |
Jan 6, 2021 Source: Agent Provided | Listed For Sale | $429,000 |
Mar 29, 2017 Source: Agent Provided | ListingRemoved | $850 |
Mar 28, 2017 Source: Agent Provided | Listed For Rent | $850 |
May 7, 2013 Source: Agent Provided | ListingRemoved | $850 |
May 3, 2013 Source: Agent Provided | Listed For Rent | $850 |
Jun 28, 2006 Source: N/A | Sold | $265,100 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | $1,946 | $369,449 |
Home facts updated by county records
Market trends in Flagstaff
Last updated July 2026
Avg. sale price
$674K
$6.93KMoM
Sale-to-List Price
98.6%
Price per sq ft
$379
$1MoM
Available listings
513
35MoM
Around this home
What Locals Say about Downtown Flagstaff
At least 12 Trulia users voted on each feature.
92 % Say there are sidewalks
87 % Say it's walkable to grocery stores
85 % Say it's dog friendly
80 % Say it's walkable to restaurants
78 % Say there's wildlife
69 % Say people would walk alone at night
56 % Say there's holiday spirit
53 % Say car is needed
53 % Say parking is easy
45 % Say streets are well-lit
38 % Say there are community events
38 % Say it's quiet
38 % Say yards are well-kept
37 % Say neighbors are friendly
33 % Say kids play outside
29 % Say they plan to stay for at least 5 years
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 116 E Terrace Ave
- What is 116 E Terrace Ave estimated to be worth?Trulia's estimated value for 116 E Terrace Ave in Flagstaff, AZ is $492,400.
- What is the price history for 116 E Terrace Ave?116 E Terrace Ave in Flagstaff, AZ last sold for $368,000 in February 2021.
- Is Flagstaff a buyer's or seller's market?Flagstaff is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Flagstaff?The median sale price in Flagstaff is $674K. That is up $6.93K from the prior month.
- Does 116 E Terrace Ave have a pool?Yes, 116 E Terrace Ave in Flagstaff, AZ has a pool.
- How big is the lot at 116 E Terrace Ave?The lot at 116 E Terrace Ave in Flagstaff, AZ is about 0.15 acres (6,534 sq ft).

