NOT LISTED FOR SALE

3314 N Tani Rd Prescott Valley, AZ 86314

Estimated Value: $583,117 - $678,000

-- Bed
4 Baths
3,000 Sq Ft
$214/Sq Ft Est. Value

Last Sold January 07, 2021

Last sale price $450,000 $150 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,641/month

6 Days on Market

Highlights

  • Tile Flooring
  • Forced Air Heating System
  • Baseboard Heating
  • Outdoor Storage
  • Ceiling Fan
  • Evaporated cooling system

About This Home

As of January 2021

This is an investors delight and great opportunity for the right buyer. Well maintained fourplex with excellent rental history. Each unit has an identical townhome style with living room, kitchen, dining area, and 1/2 bath with laundry hookups on first floor and 2 bedrooms and a full bath on second floor. Patio with large storage unit plus freshly graveled, fenced yard in back. Each unit has 2 off street parking spaces in front. Owner pays water and currently provides 2 trash cans. Units are individually metered for tenants to pay their own electricity. The exterior has been recently painted. No deferred maintenance here! Please drive by only. Do not disturb the tenants.

Last Agent to Sell the Property

Tricia Michelson

Desert Reflections Realty License #BR110801000 Listed on: 11/21/2020

Last Buyer's Agent

NON MEMBER

EVERGREEN HOMES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,795

Year Built

  • Built in 1989

Lot Details

  • 9,597 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Parking Spaces

Home Design

  • Quadruplex
  • Steel Frame
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,000 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Tile
  • Vinyl

Outdoor Features

  • Outdoor Storage

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Electricity To Lot Line
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Prescott Valley Unit #13 Subdivision

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,795

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • FILLYEARBUILT: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1989

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Number Of Buildings: 1
  • Owner Pays: Trash Collection, Water
  • Full Bathrooms: 4
  • Stories: 2

Exterior Features

  • Exterior Features: Fence, Separate Storage
  • Roof: Asphalt Shingle
  • Construction Type: Steel Frame, Wood Frame
  • Neighborhood: N/A

Utilities

  • Cooling: Ceiling Fan(s), Evaporative Cooling
  • Heating: Baseboard, Cove, Forced Air
  • Utilities: Cable TV On-Site, Electricity On-Site, Telephone On-Site, Water - City, WWT - City Sewer
  • Water Heater: Electric

Condo/Co-op/Association

  • Management: Mgmt Company

Lot Info

  • Zoning: R2-3
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9597
  • Additional Parcels: No
  • AssessorsBook: 103
  • AssessorsMap: 30
  • AssessorsParcel: 3
  • LotNumber: 3805

Rental Info

  • RentLease: No

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1795
  • Tax Parcel Letter: 103-30-003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2020
Closed on
Jan 4, 2021
Sold by
Smith Kenneth Lake and Hofmeister Janet Bethel
Bought by
Chadwick John Joseph
Seller's Agent
Tricia Michelson
Desert Reflections Realty
Buyer's Agent
NON MEMBER
EVERGREEN HOMES
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$642,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,779
Avg. Annual Appreciation
6.85%
Original Mortgage
$315,000
Outstanding Balance
$284,293
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$328,507

Purchase Details

Closed on
Aug 18, 2015
Sold by
Hofmeister Janet Bethel
Bought by
Smith & Hofmeister Revocable Trust

Purchase Details

Closed on
Apr 1, 2005
Sold by
Thein Ronald L
Bought by
Hofmeister Janet B

Purchase Details

Closed on
Oct 9, 2000
Sold by
Governale D
Bought by
Thein Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 7, 1999
Sold by
Governale Phillip A
Bought by
Governale D

Purchase Details

Closed on
Aug 4, 1999
Sold by
Governale Phillip A
Bought by
Wood Donna H

Purchase Details

Closed on
Apr 21, 1998
Sold by
Cohen Bruce Allen and Cohen Janet Ellen
Bought by
Cohen Bruce A

Purchase Details

Closed on
Feb 18, 1998
Sold by
Cohen Janet
Bought by
Cohen Bruce A
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
Chadwick John Joseph $450,000 Pioneer Title Agency
Smith & Hofmeister Revocable Trust -- None Available
Hofmeister Janet B $345,000 First American Title Ins
Thein Ronald L $152,000 Transnation Title Insurance
Governale D -- Transnation Title Ins Co
Governale D -- Transnation Title Ins Co
Wood Donna H -- Transnation Title Ins Co
Wood Donna H $133,000 Transnation Title Ins Co
Cohen Bruce A -- Yavapai Coconino Title Agenc
Cohen Bruce A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chadwick John Joseph $315,000
Previous Owner Thein Ronald L $136,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold $450,000 0.0% $150 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $450,000 -- $150 / 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 $1,986 $45,338 -- --
2024 $1,812 $47,913 -- --
2023 $1,841 $40,959 $4,619 $36,340
2022 $1,812 $31,660 $3,141 $28,519
2021 $1,860 $28,967 $3,028 $25,939
2020 $1,795 $0 $0 $0
2019 $1,771 $0 $0 $0
2018 $1,694 $0 $0 $0
2017 $1,661 $0 $0 $0
2016 $1,607 $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: 1034461

Prescott Area Association of REALTORS®

APN: 103-30-003