NOT LISTED FOR SALE

3220 State Highway 89 Prescott, AZ 86301

Estimated Value: $1,383,396

21 Beds
3 Baths
5,889 Sq Ft
$235/Sq Ft Est. Value

Last Sold February 28, 2025

Last sale price $1,400,000 $238 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,634/month

104 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Multiple Water Heaters
  • Abia Judd Elementary School Rated A-
  • Refrigerated and Evaporative Cooling System
  • 1-Story Property

About This Home

As of February 2025

Investment Opportunity: 20-Unit Apartment Complex in Prime LocationDiscover a rare value-add opportunity with this 20-unit apartment complex, ideally situated between Willow and Watson Lakes in the Dells. This property presents a unique chance for savvy investors to unlock its full potential and capitalize on a thriving rental market.Gross rent, NOI and GRM numbers are based on pro-forma. More details available for serious inquiries.

Last Agent to Sell the Property

Matthew Fish

Arizona Commercial License #BR626105000 Listed on: 10/14/2024

Last Buyer's Agent

Matthew Fish

Arizona Commercial License #BR626105000 Listed on: 10/14/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,321

Year Built

  • Built in 1963

Lot Details

  • 0.92 Acre Lot
  • Property fronts a highway

Parking

  • 1 Car Parking Space

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3 Bathrooms
  • 5,889 Sq Ft Home
  • 1-Story Property

Utilities

  • Refrigerated and Evaporative Cooling System
  • Evaporated cooling system
  • Baseboard Heating
  • 220 Volts
  • Private Company Owned Well
  • Multiple Water Heaters

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 20 Units

Listing and Financial Details

  • The owner pays for gas, trash collection, water
  • Assessor Parcel Number 18

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,321

Year Built

Built in 1963

Lot Details

0.92 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: See Remarks
  • Number Of Buildings: 2
  • Owner Pays: Gas, Trash Collection, Water
  • Stories: 1

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt Shingle
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Construction Type: Wood Frame
  • Neighborhood: N/A

Utilities

  • Cooling: Evaporative Cooling, Room Refrigeration
  • Heating: Baseboard
  • Utilities: Service - 220v, Natural Gas On-Site, Well Private, WWT - City Sewer
  • Water Heater: Two or More

Condo/Co-op/Association

  • Association: No
  • Management: Owner

Lot Info

  • Zoning: RS-35 and C1-2
  • Lot Size Acres: 0.92
  • Lot Size Sq Ft: 39902
  • Additional Parcels: No
  • AssessorsBook: 106
  • AssessorsMap: 13
  • AssessorsParcel: 18
  • LotNumber: na
  • AssessorParcelLtr: C

Rental Info

  • RentLease: No

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6321
  • Tax Parcel Letter: 106-13-018C

Multi Family

  • Number Of Units Total: 20
  • VacancyRate: 0.00
  • MoreThan5Units: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2024
Closed on
Feb 24, 2025
Sold by
Granite Dells Lodge Llc
Bought by
Hall Lodge Llc
Seller's Agent
Matthew Fish
Arizona Commercial
Buyer's Agent
Matthew Fish
Arizona Commercial
List Price
$1,599,999
Sold Price
$1,400,000
Premium/Discount to List
-$199,999
-12.5%
Views
23
Current Estimated Value
$1,383,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,604
Avg. Annual Appreciation
-1.19%
Original Mortgage
$1,000,000
Outstanding Balance
$995,048
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$388,348

Purchase Details

Closed on
Mar 29, 2002
Sold by
Stromberg William Charles and Stromberg Betty Jean
Bought by
Granite Dells Lodge Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hall Lodge Llc $1,400,000 Yavapai Title Agency
Granite Dells Lodge Llc -- --
Stromberg William Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Lodge Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $1,400,000 -12.5% $238 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
10/10/2024 10/10/24 For Sale $1,599,999 -- $272 / Sq Ft
Source: Prescott Area Association of REALTORS®

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 $6,342 -- -- --
2024 $6,321 -- -- --
2023 $6,321 $95,169 $18,811 $76,358
2022 $6,280 $85,974 $24,782 $61,192
2021 $6,538 $85,831 $24,782 $61,049
2020 $6,458 $0 $0 $0
2019 $6,315 $0 $0 $0
2018 $6,067 $0 $0 $0
2017 $5,765 $0 $0 $0
2016 $5,703 $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: 1068140

Prescott Area Association of REALTORS®

APN: 106-13-018C

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