NOT LISTED FOR SALE

220 S Penn Ave Prescott, AZ 86303

Estimated Value: $434,000 - $458,000

-- Bed
2 Baths
1,016 Sq Ft
$438/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $248,500 $245 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,621/month

57 Days on Market

Highlights

  • Patio
  • Landscaped
  • Fenced
  • Taylor Hicks School Rated A-
  • Ceiling Fan
  • Carpet

About This Home

As of October 2019

Buyer failed to qualify for loan!! Back on market! Two great cottages plus a bunk house on this multi-family medium density parcel. The front unit is currently on a month to month lease and tenants would love to stay. They are willing to sign a one-year lease and pay up to $750 a month to stay. Long term tenants of nine years. The front unit has an open living room, kitchen, bedroom and full bath. The back unit is a one-bedroom cottage and has a living room, kitchen, dining area, sleeping loft, bedroom and full bath plus the adjacent detached casita/bunk house (that is 132 sf and is included in the square footage). Great location in town and well maintained. Perfect opportunity to have a summer home in Prescott, plus a rental property at the same time.

Last Agent to Sell the Property

Yamauchi Real Estate Team

Yamauchi Real Estate Listed on: 07/23/2019

Co-Listed By

Sheila Mengarelli

Yamauchi Real Estate License #SA558124000

Last Buyer's Agent

AUDRA FARNSWORTH

Red Arrow Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $941

Year Built

  • Built in 1985

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced
  • Landscaped

Parking

  • 2 Car Parking Spaces

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,016 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Patio

Utilities

  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Electricity To Lot Line
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Buildings
  • Whipple Heights Subdivision

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 64

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$941

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • FILLYEARBUILT: 1985
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 1985

Interior Features

  • Flooring: Carpet, Vinyl
  • Number Of Buildings: 3
  • Owner Pays: Water
  • Full Bathrooms: 2
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Landscaped, Patio/Deck/Balcony
  • Roof: Asphalt Shingle
  • Home Warranty: No
  • Construction Type: Wood Frame
  • Neighborhood: N/A

Utilities

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

Condo/Co-op/Association

  • Management: Mgmt Company

Lot Info

  • Zoning: MF-M
  • Lot Size Acres: 0.19
  • AssessorsBook: 110
  • AssessorsMap: 2
  • AssessorsParcel: 64
  • LotNumber: 9

Rental Info

  • RentLease: No

Tax Info

  • Year: 2018
  • Tax Annual Amount: 941
  • Tax Parcel Letter: 110-02-064

Multi Family

  • MoreThan5Units: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2019
Closed on
Sep 19, 2019
Sold by
Faulkner Jay L and The Jay L Faulkner Revocable T
Bought by
Wojciak Benjamin and Wojciak Andrea
Seller's Agent
Yamauchi Real Estate Team
Yamauchi Real Estate
Buyer's Agent
AUDRA FARNSWORTH
Red Arrow Real Estate
List Price
$250,000
Sold Price
$248,500
Premium/Discount to List
-$1,500
-0.6%
Current Estimated Value
$464,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,132
Avg. Annual Appreciation
10.51%
Original Mortgage
$186,375
Outstanding Balance
$164,387
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$280,196

Purchase Details

Closed on
Jan 21, 2003
Sold by
Faulkner Jay L
Bought by
Faulkner Jay L

Purchase Details

Closed on
Jul 8, 2000
Sold by
Faulkner J L
Bought by
Faulkner J L
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
Wojciak Benjamin $248,500 Lawyers Title Of Arizona Inc
Faulkner Jay L -- --
Faulkner J L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wojciak Benjamin $186,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $248,500 -0.6% $245 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $250,000 -- $246 / 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 $1,064 $35,216 -- --
2024 $1,042 $33,025 -- --
2023 $1,042 $28,476 $7,926 $20,550
2022 $1,021 $24,065 $8,370 $15,695
2021 $1,065 $23,665 $7,804 $15,861
2020 $1,066 $0 $0 $0
2019 $977 $0 $0 $0
2018 $941 $0 $0 $0
2017 $649 $0 $0 $0
2016 $650 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2019

    Yamauchi Real Estate Team

    Yamauchi Real Estate

  • S

    Seller Co-Listing Agent in 2019

    Sheila Mengarelli

    Yamauchi Real Estate

  • A

    Buyer's Agent in 2019

    AUDRA FARNSWORTH

    Red Arrow Real Estate

See All Agents

Map

Source: Prescott Area Association of REALTORS®

MLS Number: 1023088

Prescott Area Association of REALTORS®

APN: 110-02-064

Arizona Yavapai County Prescott 86303

220 S Penn Ave, Prescott, AZ

This home is located at 220 S Penn Ave, Prescott, AZ 86303 since 23 July 2019 and is currently estimated at $444,939, approximately $437 per square foot. This property was built in 1985. 220 S Penn Ave is a home located in Yavapai County with nearby schools including Taylor Hicks 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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