NOT LISTED FOR SALE

122 & 124 S Alto St Prescott, AZ 86303

-- Bed
9 Baths
5,280 Sq Ft
0.38 Acres

Last Sold September 16, 2019

Last sale price $850,000 $161 Per Sq Ft

Highlights

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

About This Home

As of September 2019

Great investment property just moments from downtown. Private street with plenty of parking for tenants. Rare to have covered parking as well. 4 Plex and a 5 Plex to be sold together. They both have a combination of one- and two-bedroom options offering flexibility in tenant needs. 100% occupied with great historic occupancy and rents with professional management. Units are well cared for with several that have been upgraded and renovated. All showings are subject to a successfully accepted offer. Please don't solicit property.

Last Agent to Sell the Property

Todd Klein

Klein Properties & Investment License #BR529940000 Listed on: 06/12/2019

Last Buyer's Agent

JOHN HARDY

HARDY REED

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,503

Year Built

  • Built in 1988

Lot Details

  • 0.38 Acre Lot

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 9 Full Bathrooms
  • 5,280 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Laminate
  • Tile

Utilities

  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Buildings

Listing and Financial Details

  • The owner pays for gas
  • Assessor Parcel Number 114

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,503

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • FILLYEARBUILT: 1988
  • Exclusions: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1988

Interior Features

  • Flooring: Laminate, Tile
  • Number Of Buildings: 3
  • Owner Pays: Gas
  • Full Bathrooms: 9
  • Stories: 1

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt Shingle
  • Construction Type: Block, Wood Frame, Stucco
  • Neighborhood: N/A

Utilities

  • Cooling: Ceiling Fan(s)
  • Utilities: Service - 220v, Cable TV On-Site, Electricity On-Site, Natural Gas On-Site, Water - City, WWT - City Sewer
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No
  • Management: Mgmt Company

Lot Info

  • Zoning: MF-H
  • Lot Size Acres: 0.38
  • Lot Size Sq Ft: 7841
  • AssessorsBook: 109
  • AssessorsMap: 6
  • AssessorsParcel: 114
  • LotNumber: 9
  • AssessorParcelLtr: G

Rental Info

  • RentLease: No

Tax Info

  • Year: 2018
  • Tax Annual Amount: 2502.9
  • Tax Parcel Letter: 109-06-114G

Multi Family

  • MoreThan5Units: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Sep 7, 2019
Sold by
Alto Street Propeerties Llc
Bought by
Agape House Of Prescott Inc
Seller's Agent
Todd Klein
Klein Properties & Investment
Buyer's Agent
JOHN HARDY
HARDY REED
List Price
$915,000
Sold Price
$850,000
Premium/Discount to List
-$65,000
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,400
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 2017
Sold by
Barksdale Kelly and Barksdale Ty
Bought by
Barksdale Ty and Barksdale Kelly

Purchase Details

Closed on
Dec 31, 2014
Sold by
Yellow Dog Llc
Bought by
Alto Street Properties Llc

Purchase Details

Closed on
Mar 19, 2012
Sold by
Claxton Karen and Petrovich Cindy
Bought by
Yellow Dog Llc
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
Agape House Of Prescott Inc $850,000 Empire West Title Agency Llc
Barksdale Ty -- Empire West Title Agency
Alto Street Properties Llc -- None Available
Yellow Dog Llc $187,500 Yavapai Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Agape House Of Prescott Inc $595,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $850,000 -7.1% $161 / Sq Ft
08/17/2019 08/17/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $915,000 -- $173 / 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 -- -- -- --
2024 $0 -- -- --
2023 $0 $69,649 $10,504 $59,145
2022 $0 $58,790 $10,563 $48,227
2021 $1,533 $61,300 $10,496 $50,804
2020 $1,533 $0 $0 $0
2019 $1,514 $0 $0 $0
2018 $1,460 $0 $0 $0
2017 $1,393 $0 $0 $0
2016 $1,402 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Prescott Area Association of REALTORS®

MLS Number: 1021972

Prescott Area Association of REALTORS®

APN: 109-06-114G