NOT LISTED FOR SALE

1385 Terrace View Dr Prescott, AZ 86301

Estimated Value: $531,000 - $625,000

3 Beds
2 Baths
2,095 Sq Ft
$276/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $562,000 $268 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,252/month

4 Days on Market

Highlights

  • RV Parking in Community
  • Panoramic View
  • Wood Flooring
  • Taylor Hicks School Rated A-
  • Contemporary Architecture
  • No HOA

About This Home

As of April 2024

This 1976 contemporary home exudes mid-century charm, with its clean lines, architectural details & expansive windows. On a .84 landscaped acre in the middle of Prescott with views of the city and surrounding mountains your Oasis awaits. A gracious entry and gorgeous wood flooring leads to the spacious living room with a dramatic stone fireplace, vaulted ceilings w/ exposed beams and sliding doors to the expansive deck framing views of the surrounding landscape. Formal dining or flex room, eat in kitchen with pantry and breakfast bar. 3 spacious bedrooms & master suite w/cedar lined walk in closet. Fully fenced back yard, large storage shed, carport, rv parking pad. But there is more! A 486 sq ft basement w/partially finished 3rd bath is not included in the 2095 sq ft. Updates include

Last Agent to Sell the Property

Kathy August

West USA Realty of Prescott License #SA572512000 Listed on: 04/05/2024

Co-Listed By

Elsemarie Ackley

West USA Realty of Prescott License #SA104433000

Last Buyer's Agent

Patty Peck

Realty ONE Group Mountain Desert License #SA563451000

Realty ONE Group Mountain Desert

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,513

Year Built

  • Built in 1976

Lot Details

  • 0.84 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Native Plants
  • Level Lot
  • Landscaped with Trees
  • Property is zoned SF9

Parking

  • 3 Car Garage
  • 1 Detached Carport Space
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Panoramic
  • City
  • Trees
  • Thumb Butte
  • Mountain
  • Bradshaw Mountain

Home Design

  • Contemporary Architecture
  • Stem Wall Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,095 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Vertical Blinds
  • Window Screens
  • Formal Dining Room
  • Sink in Utility Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Sump Pump
  • Stubbed For A Bathroom

Accessible Home Design

  • Level Entry For Accessibility

Eco-Friendly Details

  • Air Purifier
  • Solar Heating System

Outdoor Features

  • Covered Deck
  • Covered patio or porch
  • Separate Outdoor Workshop
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 67

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,513

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • ResidentialStatus: Existing
  • Prop. Type: Residential
  • Property Sub Type: Site Built Single Family
  • Architectural Style: Contemporary, Other, Ranch
  • FILLYEARBUILT: 1976
  • Exclusions: No
  • Special Features: VirtualTour
  • Year Built: 1976

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Oven, Refrigerator, See Remarks, Washer
  • Flooring: Carpet, See Remarks, Tile, Vinyl, Wood
  • Interior Amenities: Air Purifier, Beamed Ceilings, Ceiling Fan(s), Counters-Solid Srfc, Eat-in Kitchen, Wood Burning Fireplace, Formal Dining, Garage Door Opener(s), Kit/Din Combo, Laminate Counters, Live on One Level, Master On Main, Raised Ceilings 9+ft, See Remarks, Utility Sink, Walk-In Closet(s), Wash/Dry Connection
  • Number Of Buildings: 3
  • Has Basement: Partial, Plumbed, Sump Pump, Stem Wall
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Living Area: 2095
  • Stories: 1
  • Window Features: Double Pane Windows, Horizontal Blinds, Screens, Vertical Blinds
  • Other Rooms: Family Room,Other - See Remarks,Study/Den/Library,Workshop
  • SplitBedroomPlan: No

Exterior Features

  • Exterior Features: Covered Deck, Driveway Circular, Driveway Concrete, Driveway Gravel, Fence - Backyard, Fence Partial, Landscaping-Front, Landscaping-Rear, Level Entry, Native Species, Porch-Covered, Screens/Sun Screens, See Remarks, Shed(s), Workshop
  • Roof: Composition
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Paved
  • Topography: Cul-De-Sac,Juniper/Pinon,Level,Other - See Remarks,Other Trees,Sloped - Gentle,Views
  • View: Bradshaw Mountain, City, Granite Mountain, Juniper/Pinon, Mountain(s), Other, Panoramic, See Remarks, Thumb Butte
  • Construction Type: Wood Frame, Other
  • Neighborhood: N/A

Garage/Parking

  • Garage Spaces: 2
  • Total Parking Spaces: 3
  • Garage Detached: 0.00
  • CarportAttached: 0.00
  • CarportDetached: 1.00
  • RVGarageParkingFeatures: Other,Parking Pad,RV - Pad,See Remarks,Street Parking
  • RVGarageParking: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air, See Remarks
  • Heating: Forced Air Gas, Forced Air, Gas Pack, Natural Gas, See Remarks, Solar
  • Utilities: Service - 220v, Cable TV On-Site, Electricity On-Site, Natural Gas On-Site, Telephone On-Site, Underground Utilities, Water - City, WWT - City Sewer
  • Water Heater: Natural Gas,Other - See Remarks
  • WHGallons: 50.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: SF9
  • Land Lease: No
  • Lot Size Acres: 0.84
  • Lot Size Sq Ft: 36368
  • Additional Parcels: No
  • Irrigation Water Rights: No
  • AssessorsBook: 116
  • AssessorsMap: 18
  • AssessorsParcel: 67
  • AssessorParcelLtr: C

Rental Info

  • PetsAnimals: Domestics

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1513
  • Tax Parcel Letter: 116-18-067C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Apr 22, 2024
Sold by
James A Lokay Trust and Lokay James A
Bought by
Templeton Alisa Jean
Seller's Agent
Kathy August
West USA Realty of Prescott
Buyer's Agent
Patty Peck
Realty ONE Group Mountain Desert
List Price
$545,000
Sold Price
$562,000
Premium/Discount to List
$17,000
3.12%
Views
100
Current Estimated Value
$570,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,235
Avg. Annual Appreciation
2.18%
Original Mortgage
$150,000
Outstanding Balance
$148,398
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$429,314

Purchase Details

Closed on
May 4, 2021
Sold by
Lokay James A
Bought by
Lokay James A and The James A Lokay Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
2.31%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 25, 2005
Sold by
Jacobson Gary Alan and Jacobson Marcia M
Bought by
Lokay James A

Purchase Details

Closed on
Nov 7, 1994
Sold by
Levy Harold C and Levy Helen S
Bought by
Jacobson Gary Alan and Jacobson Marcia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,300
Interest Rate
8.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Templeton Alisa Jean $562,000 Roc Title Agency
Lokay James A -- None Available
Lokay James A $346,900 Capital Title Agency
Jacobson Gary Alan $206,650 Yavapai Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Templeton Alisa Jean $150,000
Previous Owner Lokay James A $675,000
Previous Owner Lokay James A $322,500
Previous Owner Lokay James A $147,300
Previous Owner Lokay James A $150,000
Previous Owner Lokay James A $66,100
Previous Owner Jacobson Gary A $210,000
Previous Owner Jacobson Gary Alan $160,252
Previous Owner Jacobson Gary Alan $165,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $562,000 +3.1% $268 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
04/06/2024 04/06/24 For Sale $545,000 -- $260 / 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 $1,546 $50,319 -- --
2024 $1,513 $52,376 -- --
2023 $1,513 $43,566 $12,046 $31,520
2022 $1,492 $34,574 $9,435 $25,139
2021 $1,602 $33,852 $8,636 $25,216
2020 $1,609 $0 $0 $0
2019 $1,597 $0 $0 $0
2018 $1,526 $0 $0 $0
2017 $1,471 $0 $0 $0
2016 $1,464 $0 $0 $0
2015 $1,420 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Prescott Area Association of REALTORS®

MLS Number: 1063355

Prescott Area Association of REALTORS®

APN: 116-18-067C