NOT LISTED FOR SALE

1122 White Spar Rd Prescott, AZ 86303

Estimated Value: $678,136 - $794,000

-- Bed
6 Baths
4,060 Sq Ft
$181/Sq Ft Est. Value

Last Sold July 23, 2024

Last sale price $675,000 $166 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,107/month

84 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1-Story Property
  • Lincoln Elementary School Rated A-
  • Ceiling Fan

About This Home

As of July 2024

Owner will carry with approximately 15% down payment, terms are negotiable. Nestled among the pines along White Spar Road, and only a few minutes from Downtown Prescott. This charming lodge cabin multifamily property host 6 units, 5 of which are rented currently. Unit A is a 3 bedroom, 1 bath. Unit B & C is a duplex unit each with 1 bedroom, 1 bath plus a full kitchen. Unit D & E is a duplex unit each with 1 Bedroom, 1 bath full kitchen, Unit E has a garage/storage unit. This property is an excellent investment as it sits right now or could be transformed to be a profit machine. There is lots of potential to increase rent closer to market rents and fully max out this property income.

Last Agent to Sell the Property

Abigail Chartier

Arizona Commercial License #SA710066000 Listed on: 04/24/2024

Last Buyer's Agent

NON MEMBER

NON-MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,216

Year Built

  • Built in 1956

Lot Details

  • 0.52 Acre Lot
  • Dirt Road
  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 6 Full Bathrooms
  • 4,060 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring

Utilities

  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electricity To Lot Line
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 5 Buildings
  • Mile High Properties Subdivision

Listing and Financial Details

  • Assessor Parcel Number 36

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,216

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • FILLYEARBUILT: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1956

Interior Features

  • Flooring: Wood
  • Number Of Buildings: 5
  • Owner Pays: Other
  • Full Bathrooms: 6
  • Stories: 1

Exterior Features

  • Exterior Features: Other
  • Roof: Asphalt Shingle
  • Road Frontage Type: City Street
  • Road Surface Type: Dirt
  • Construction Type: Wood Frame, Other
  • Neighborhood: N/A

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas
  • Utilities: Cable TV On-Site, Electricity On-Site, Individual Meter, Telephone On-Site, Underground Utilities, Water - City, WWT - City Sewer
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Management: Owner

Lot Info

  • Zoning: BG
  • Lot Size Acres: 0.52
  • Lot Size Sq Ft: 22651.2
  • Additional Parcels: Yes
  • AssessorsBook: 107
  • AssessorsMap: 15
  • AssessorsParcel: 36
  • LotNumber: 7
  • AssessorParcelLtr: A

Rental Info

  • RentLease: Yes

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1216
  • Tax Parcel Letter: 107-15-036A

Multi Family

  • MoreThan5Units: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jul 16, 2024
Sold by
Jenkins Scott
Bought by
Perfect Stay Holdings Llc
Seller's Agent
Abigail Chartier
Arizona Commercial
Buyer's Agent
NON MEMBER
NON-MEMBER
List Price
$810,000
Sold Price
$675,000
Premium/Discount to List
-$135,000
-16.67%
Views
28
Current Estimated Value
$736,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,068
Avg. Annual Appreciation
8.12%
Original Mortgage
$607,500
Outstanding Balance
$602,903
Interest Rate
6.99%
Mortgage Type
Seller Take Back
Estimated Equity
$133,165
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Perfect Stay Holdings Llc $675,000 Yavapai Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perfect Stay Holdings Llc $607,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $675,000 -10.0% $166 / Sq Ft
05/24/2024 05/24/24 Price Changed $750,000 -7.4% $185 / Sq Ft
04/24/2024 04/24/24 For Sale $810,000 -- $200 / Sq Ft
Source: Prescott Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $1,242 $38,551 -- --
2024 $1,216 $39,747 -- --
2023 $1,216 $32,673 $8,185 $24,488
2022 $1,192 $26,656 $6,959 $19,697
2021 $1,243 $26,080 $6,072 $20,008
2020 $1,245 $0 $0 $0
2019 $1,229 $0 $0 $0
2018 $1,186 $0 $0 $0
2017 $1,131 $0 $0 $0
2016 $1,138 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Abigail Chartier

    Seller's Agent in 2024

    Abigail Chartier

    Arizona Commercial

    (928) 642-3032

    22 Total Sales

    Abigail Chartier
    Section Image

  • N

    Buyer's Agent in 2024

    NON MEMBER

    NON-MEMBER

See All Agents

Map

Source: Prescott Area Association of REALTORS®

MLS Number: 1063904

Prescott Area Association of REALTORS®

APN: 107-15-036A

Arizona Yavapai County Prescott 86303

1122 White Spar Rd, Prescott, AZ

This home is located at 1122 White Spar Rd, Prescott, AZ 86303 since 24 April 2024 and is currently estimated at $736,068, approximately $181 per square foot. This property was built in 1956. 1122 White Spar Rd is a home located in Yavapai County with nearby schools including Lincoln Elementary School, Granite Mountain Middle School, and Prescott Mile High Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Prescott Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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