$500,000
SOLD JUL 8, 2024

401 S Cortez St Prescott, AZ 86303

3 Beds
2.5 Baths
1,745 Sq Ft
0.43 Acres

Recently Sold

$287 Per Sq Ft

53 Days on Market

Highlights

  • RV Parking in Community
  • City View
  • Main Floor Primary Bedroom
  • Taylor Hicks School Rated A-
  • Wood Flooring
  • Corner Lot

About This Home

As of July 2024

Rare opportunity to own a classic Bungalow style home on an extraordinary .43 acres in historic downtown Prescott with period details and jaw-dropping views of the city, Granite Mountain and Thumb Butte. Built in 1905 as the territorial capital's birthing hospital, it is listed on the National Trust of Historic Places which keeps taxes low ($960 a year). Zoned multifamily high density. New roof and HVAC 2023. Huge front porch with columns leads to the main level with hardwood floors, a large living room, dining, kitchen, 3 bedrooms and full bath with cast-iron tub. Lower level has a bedroom and bath with clawfoot tub, laundry and storage with separate entrance and potential to be a separate rentable unit. One car garage, carport, fenced yard area, parking for small RV accessed from alley.

Last Agent to Sell the Property

Abbie Roses

Better Homes And Gardens Real Estate Bloomtree Realty License #SA560722000 Listed on: 04/25/2024

Better Homes And Gardens Real Estate Bloomtree Realty

Co-Listed By

Karen Woodsmall

Better Homes And Gardens Real Estate Bloomtree Realty License #SA672728000

Last Buyer's Agent

Greg Gannon

eXp Realty License #BR652739000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $960

Year Built

  • Built in 1905

Lot Details

  • 0.43 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Corner Lot
  • Historic Home
  • Property is zoned MF-H

Parking

  • 1 Car Detached Garage
  • 1 Detached Carport Space
  • Parking Available
  • Dirt Driveway

Property Views

  • City
  • Thumb Butte
  • Mountain

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,745 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Aluminum Window Frames
  • Window Screens

Kitchen

  • Gas Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Refrigerated and Evaporative Cooling System
  • Heating Available
  • Electricity To Lot Line
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Prescott Subdivision
  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 60

Home Details

Home Type

Single Family

Est. Annual Taxes

$960

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • ResidentialStatus: Existing
  • Prop. Type: Residential
  • Property Sub Type: Site Built Single Family
  • Architectural Style: Historic, Walkout Basement
  • FILLYEARBUILT: 1905
  • Exclusions: No
  • Special Features: None
  • Year Built: 1905

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
  • Flooring: Laminate, Wood
  • Interior Amenities: Ceiling Fan(s), Counters-Solid Srfc, Laminate Counters, Live on One Level, Master On Main, Raised Ceilings 9+ft, Wash/Dry Connection
  • Has Basement: Finished, Outside Entrance, Walk Out
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1745
  • Stories: 2
  • Window Features: Aluminum Frames, Screens, Single Pane
  • Other Rooms: Hobby/Studio,Laundry Room,Potential Bedroom,Storage,Study/Den/Library,Workshop
  • SplitBedroomPlan: No

Exterior Features

  • Exterior Features: Driveway Dirt, Fence - Backyard, Landscaping-Front, Landscaping-Rear, Patio-Covered, Screens/Sun Screens
  • Roof: Composition
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Asphalt
  • Topography: Corner Lot,Views
  • View: City, Granite Mountain, Mountain(s), Thumb Butte
  • Construction Type: Wood Frame
  • Neighborhood: N/A

Garage/Parking

  • Garage Spaces: 1
  • Total Parking Spaces: 2
  • Garage Detached: 1.00
  • CarportAttached: 0.00
  • CarportDetached: 1.00
  • RVGarageParkingFeatures: Parking Spaces
  • RVGarageParking: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Room Refrigeration
  • Heating: Electric
  • Utilities: Electricity On-Site, Natural Gas On-Site, Water - City, WWT - City Sewer
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: MF-H
  • Land Lease: No
  • Lot Size Acres: 0.43
  • Lot Size Sq Ft: 18620
  • Additional Parcels: No
  • Irrigation Water Rights: No
  • AssessorsBook: 109
  • AssessorsMap: 4
  • AssessorsParcel: 60
  • LotNumber: 2

Rental Info

  • PetsAnimals: Domestics

Tax Info

  • Year: 2023
  • Tax Annual Amount: 960
  • Tax Parcel Letter: 109-04-060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jul 1, 2024
Sold by
Steven M And Janis L Siegel Trust and Siegel Janis L
Bought by
Burch Craig
Seller's Agent
Abbie Roses
Better Homes and Gardens Real Estate BloomTree Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$629,000
Sold Price
$500,000
Premium/Discount to List
-$129,000
-20.51%
Views
192
Current Estimated Value
$618,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,661
Avg. Annual Appreciation
5.47%
Original Mortgage
$450,000
Outstanding Balance
$446,562
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$86,177

Purchase Details

Closed on
Oct 21, 2020
Sold by
Siegel Steven M
Bought by
Siegel Steven M and Siegel Janis L

Purchase Details

Closed on
Dec 2, 2003
Sold by
Hall Eve Linda
Bought by
Siegel Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,750
Interest Rate
5.12%
Mortgage Type
Trade

Purchase Details

Closed on
Jan 9, 1997
Sold by
Dalen Mary L
Bought by
Hall Eve Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
7.74%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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 $500,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Warranty Deed $277,000 Capital Title Agency
Warranty Deed $165,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Previous Owner $207,750 Trade
Previous Owner $82,500 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $500,000 +0.2% $231 / Sq Ft
05/17/2024 05/17/24 Price Changed $499,000 -20.7% $231 / Sq Ft
04/29/2024 04/29/24 For Sale $629,000 -- $291 / 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 $1,203 $64,029 -- --
2024 $946 $55,105 -- --
2023 $960 $48,156 $19,560 $28,596
2022 $946 $37,852 $15,043 $22,809
2021 $1,016 $35,663 $13,032 $22,631
2020 $1,020 $0 $0 $0
2019 $1,013 $0 $0 $0
2018 $968 $0 $0 $0
2017 $933 $0 $0 $0
2016 $929 $0 $0 $0
2015 $901 $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: 1063990

Prescott Area Association of REALTORS®

APN: 109-04-060