$529,000
SOLD APR 15, 2025

141 N Alarcon St Prescott, AZ 86301

2 Beds
2 Baths
1,346 Sq Ft
7,840 Sq Ft Lot

Recently Sold

$393 Per Sq Ft

39 Days on Market

Highlights

  • Tile Flooring
  • Ceiling Fan
  • 1-Story Property
  • Taylor Hicks School Rated A-
  • Laundry Facilities

About This Home

As of April 2025

This attractive property offers a remarkable chance for investors interested in the Prescott Downtown market at a significantly lower price point. It is designated for Multifamily use, enabling it to function effectively as a duplex featuring two one-bedroom, one-bathroom units, each equipped with laundry hookups. The units are separately metered, allowing tenants to manage their utilities independently. The average monthly rent is approximately $1,350.00 per unit, with tenants responsible for utility costs. Currently, one unit is occupied while the other is available for viewing. Furthermore, there is potential to revert the property to a single-family home.

Last Agent to Sell the Property

Abigail Chartier

Arizona Commercial License #SA710066000 Listed on: 02/15/2025

Co-Listed By

Matthew Fish

Prescott Commercial Real Estate License #BR626105000

Last Buyer's Agent

Jonathan Rojas

Flex Realty License #SA700046000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $980

Year Built

  • Built in 1962

Lot Details

  • 7,840 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,346 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 87

Community Details

Overview

  • 2 Units
  • Prescott Original Township Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$980

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • FILLYEARBUILT: 1962
  • Exclusions: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Flooring: Laminate, Tile
  • Number Of Buildings: 1
  • Owner Pays: Other
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Exterior Features: Laundry Facilities, Balcony
  • Roof: Asphalt
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Construction Type: Frame
  • Neighborhood: N/A

Utilities

  • Cooling: Ceiling Fan(s), Gas
  • Heating: Natural Gas, Wall Furnace
  • Utilities: Electricity Available, Individual Meter, Natural Gas Available, Phone Available, WWT - City Sewer
  • Water Source: Public
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Management: Owner

Lot Info

  • Zoning: MF
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840
  • Additional Parcels: No
  • Parcel #: 4
  • AssessorsBook: 113
  • AssessorsMap: 16
  • AssessorsParcel: 87
  • AssessorParcelLtr: b

Rental Info

  • RentLease: Yes

Tax Info

  • Year: 2014
  • Tax Annual Amount: 980
  • Tax Parcel Letter: 113-16-087b

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2025
Closed on
Mar 13, 2025
Sold by
Jo Residential Llc
Bought by
Rojas Jonathan D
Seller's Agent
Abigail Chartier
Arizona Commercial
Buyer's Agent
Jonathan Rojas
Flex Realty
List Price
$529,000
Sold Price
$529,000
Views
10
Current Estimated Value
$528,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$628
Avg. Annual Appreciation
-3.31%
Original Mortgage
$396,750
Outstanding Balance
$396,400
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$125,345

Purchase Details

Closed on
May 5, 2023
Sold by
Prescott Mountain Llc
Bought by
Jo Residential Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,659,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2018
Sold by
Orefice Jason and Orefice Jason R
Bought by
Prescott Mountain Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
4.45%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 30, 2014
Sold by
Orefice Jason
Bought by
Orefice Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 25, 2014
Sold by
Parkhurst Charles and Parkhurst Dolores A
Bought by
Orefice Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 2, 1995
Sold by
Beardsley Cathryne Ann and Fuller Georgina
Bought by
Parkhurst Charles L and Parkhurst Dolores A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
9.03%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Warranty Deed $529,000 Pioneer Title
Warranty Deed -- Lawyers Title
Special Warranty Deed -- Empire West Title Agency Llc
Interfamily Deed Transfer -- Accommodation
Warranty Deed $175,000 Lawyers Title
Joint Tenancy Deed $150,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $396,750 New Conventional
Previous Owner $425,000 New Conventional
Previous Owner $2,659,000 New Conventional
Previous Owner $1,250,000 Construction
Previous Owner $148,875 Commercial
Previous Owner $135,000 Seller Take Back
Previous Owner $110,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $529,000 0.0% $393 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
02/15/2025 02/15/25 For Sale $529,000 -- $393 / 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 $980 $33,313 -- --
2024 $941 $30,196 -- --
2023 $960 $25,913 $8,408 $17,505
2022 $941 $21,315 $8,918 $12,397
2021 $981 $19,867 $8,289 $11,578
2020 $983 $0 $0 $0
2019 $970 $0 $0 $0
2018 $936 $0 $0 $0
2017 $893 $0 $0 $0
2016 $898 $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: 1070729

Prescott Area Association of REALTORS®

APN: 113-16-087B