NOT LISTED FOR SALE

122 S Arizona Ave Prescott, AZ 86303

Estimated Value: $1,100,000 - $4,488,000

-- Bed
16 Baths
18,104 Sq Ft
$154/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $2,870,000 $159 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $14,950/month

1 Day on Market

Highlights

  • Tile Flooring
  • Landscaped
  • Refrigerated and Evaporative Cooling System
  • Taylor Hicks School Rated A-
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of August 2020

See addresses as followsFour Plex 122 So. Arizona StFour Plex 138 So. Arizona StFour Plex 229 So. Penn StFour Plex 235 So. Penn StTotal 16 units

Last Agent to Sell the Property

John Gorden

Better Homes And Gardens Real Estate Bloomtree Realty License #SA568209000 Listed on: 07/13/2020

Better Homes And Gardens Real Estate Bloomtree Realty

Last Buyer's Agent

RAYMOND ZOGOB

First American Investment

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,154

Year Built

  • Built in 2005

Lot Details

  • 1 Acre Lot
  • Landscaped
  • Additional Parcels

Parking

  • 1 Car Parking Space

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 16 Full Bathrooms
  • 18,104 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Underground Utilities
  • Electricity To Lot Line
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Buildings
  • Laundry Facilities

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 110-02-016,110-02-014b,110-02-095,110-02-096

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,154

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • FILLYEARBUILT: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2005

Interior Features

  • Flooring: Carpet, Tile
  • Number Of Buildings: 4
  • Owner Pays: Sewer, Water
  • Full Bathrooms: 16
  • Stories: 2

Exterior Features

  • Exterior Features: Landscaped, Laundry Facilities
  • Roof: Asphalt Shingle
  • Construction Type: Wood Frame, Stucco

Utilities

  • Cooling: Central Refriger
  • Heating: Forced Air Gas
  • Utilities: Cable TV On-Site, Electricity On-Site, Individual Meter, Natural Gas On-Site, Telephone On-Site, Underground Utilities, Water - City, WWT - City Sewer
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Management: Owner

Lot Info

  • Zoning: mf-m
  • Lot Size Acres: 1
  • Additional Parcels: Yes
  • LotNumber: 1

Rental Info

  • RentLease: No

Tax Info

  • Tax Parcel Letter: 110-02-016,110-02-014b,110-02-095,110-02-096

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 13, 2020
Sold by
Arizona Avenue Enterprises Llc
Bought by
Ferrante Joseph Michael and Joseph Michael Ferrante Family
Seller's Agent
John Gorden
Better Homes And Gardens Real Estate Bloomtree Realty
Buyer's Agent
RAYMOND ZOGOB
First American Investment
List Price
$3,300,000
Sold Price
$2,870,000
Premium/Discount to List
-$430,000
-13.03%
Current Estimated Value
$2,794,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,000
Avg. Annual Appreciation
-0.52%
Original Mortgage
$182,104
Outstanding Balance
$161,539
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,632,461

Purchase Details

Closed on
May 24, 2016
Sold by
Beshers Earl L and Beshers Catherine L
Bought by
Arizona Avenue Enterprises Llc

Purchase Details

Closed on
Feb 10, 2010
Sold by
Beshers Earl L and Beshers Catherine L
Bought by
Beshers Earl L and Beshers Catherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2004
Sold by
Beshers Earl L and Beshers Catherine L
Bought by
Beshers Earl L and Beshers Catherine L

Purchase Details

Closed on
Aug 21, 1996
Sold by
Beshers Earl L and Beshers Catherine L
Bought by
Beshers Earl L and Beshers Catherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.42%

Purchase Details

Closed on
Aug 24, 1995
Sold by
Haley William S and Haley Wendi G
Bought by
Beshers Earl L and Beshers Catherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,100
Interest Rate
7.41%
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
Ferrante Joseph Michael $2,870,000 Yavapai Title
Arizona Avenue Enterprises Llc -- Accommodation
Beshers Earl L -- Lawyers Title Arizona Inc
Beshers Earl L -- Lawyers Title Of Arizona Inc
Beshers Earl L -- Chicago Title Ins Co
Beshers Earl L -- Transnation Title Ins Co
Beshers Earl L -- Transnation Title Ins Co
Beshers Earl L $53,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrante Joseph Michael $182,104
Previous Owner Beshers Earl L $225,000
Previous Owner Beshers Earl L $150,000
Previous Owner Beshers Earl L $184,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2020 08/20/20 Sold $2,870,000 -13.0% $159 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $3,300,000 -- $182 / 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 $2,154 $109,813 -- --
2024 $2,068 $107,267 -- --
2023 $2,110 $90,742 $9,325 $81,417
2022 $2,068 $9,157 $9,157 $0
2021 $2,156 $76,972 $9,157 $67,815
2020 $2,159 $0 $0 $0
2019 $2,132 $0 $0 $0
2018 $2,056 $0 $0 $0
2017 $1,961 $0 $0 $0
2016 $1,974 $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: 1031185

Prescott Area Association of REALTORS®

APN: 110-02-016