NOT LISTED FOR SALE

502 Western Ave Prescott, AZ 86301

Estimated Value: $1,415,000 - $1,502,000

Studio
3 Baths
4,283 Sq Ft
$343/Sq Ft Est. Value

Sale Details

Date Sold: June 25, 2021

Last sale price $925,000 $216 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $7,913 / mo

55 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Handicap Accessible
  • Lincoln Elementary School Rated A-
  • Patio
  • Drip System Landscaping

About This Home

As of June 2021

Live in one and rent the other, or rent all 3 units. Short term VRBO approved, or longer term rental. Elevator, ADA accessible, 2 car garage.

Last Agent to Sell the Property

Nancy Christopherson

Coldwell Banker Realty License #SA575834000 Listed on: 04/23/2021

Last Buyer's Agent

Ashley Ivey

Blue Star Real Estate Services & Referrals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,565

Year Built

  • Built in 1960

Lot Details

  • 7,299 Sq Ft Lot
  • Fenced
  • Drip System Landscaping

Parking

  • 2 Car Parking Spaces

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 3 Full Bathrooms
  • 4,283 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Carpet
  • Tile

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • 220 Volts
  • Phone Available
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Patio

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 7

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • Fleurys Addition Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,565

Year Built

Built in 1960

Lot Details

7,299 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1960
  • Exclusions: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Number Of Buildings: 2
  • Owner Pays: All Utilities
  • Full Bathrooms: 3
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Handicap Access, Landscaped, Laundry Facilities, Patio/Deck/Balcony, Sprinkler/Drip
  • Roof: Asphalt Shingle, Rolled/Hot Mop
  • Construction Type: Block, Wood Frame, Other, Stucco

Utilities

  • Cooling: Central Refriger
  • Heating: Forced Air
  • Utilities: Service - 220v, Cable TV On-Site, Electricity On-Site, Individual Meter, Natural Gas On-Site, Telephone On-Site, Water - City, WWT - City Sewer
  • Water Heater: Electric,Natural Gas

Condo/Co-op/Association

  • Association: No
  • Management: Owner

Lot Info

  • Zoning: MF-M
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7299
  • Additional Parcels: No
  • AssessorsBook: 113
  • AssessorsMap: 12
  • AssessorsParcel: 7
  • LotNumber: 1

Rental Info

  • RentLease: No

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1565
  • Tax Parcel Letter: 113-12-007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2022
Sold by
Halk Properties Llc
Bought by
Azhalk Llc
Current Estimated Value
$1,467,230

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 22, 2021
Sold by
Tom & Bettie Llc
Bought by
Halk Properties Llc
Seller's Agent
Nancy Christopherson
Coldwell Banker Realty
Buyer's Agent
Ashley Ivey
Blue Star Real Estate Services & Referrals
List Price
$1,100,000
Sold Price
$925,000
Premium/Discount to List
-$175,000
-15.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%

Purchase Details

Closed on
Sep 17, 2019
Sold by
Turner Daniel L and Turner Christine A
Bought by
Tom & Bettie Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2014
Closed on
Dec 11, 2014
Sold by
Yavapai College Foundation
Bought by
Tom & Bettie Llc
Seller's Agent
Denny Colgan
West USA Realty of Prescott
Buyer's Agent
NANCY CHRISTOPHERSON
Realty Executives Northern AZ
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.51%
Original Mortgage
$262,500
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2010
Sold by
Downing John R
Bought by
Yavapai College Foundation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Azhalk Llc -- None Listed On Document
Halk Properties Llc $925,000 Yavapai Title
Tom & Bettie Llc -- Yavapai Title
Turner Daniel L -- Yavapai Title
Tom & Bettie Llc $350,000 Yavapai Title Agency
Yavapai College Foundation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Turner Daniel L $342,000
Previous Owner Tom & Bettie Llc $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2021 06/25/21 Sold $925,000 -15.9% $216 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $1,100,000 +214.3% $257 / Sq Ft
12/30/2014 12/30/14 Sold $350,000 -12.3% $81 / Sq Ft View Prior Sale
11/30/2014 11/30/14 Pending -- -- --
07/17/2014 07/17/14 For Sale $399,000 -- $93 / 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
2027 $1,610 $82,672 -- --
2026 $1,560 $83,625 -- --
2024 $1,529 $81,499 -- --
2023 $1,529 $70,443 $7,789 $62,654
2022 $1,498 $57,893 $8,301 $49,592
2021 $1,562 $56,653 $7,263 $49,390
2020 $1,565 $0 $0 $0
2019 $1,545 $0 $0 $0
2018 $1,490 $0 $0 $0
2017 $1,421 $0 $0 $0
2016 $1,430 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nancy Christopherson

    Coldwell Banker Realty

  • A

    Buyer's Agent in 2021

    Ashley Ivey

    Blue Star Real Estate Services & Referrals

  • D

    Seller's Agent in 2014

    Denny Colgan

    West USA Realty of Prescott

    Section Image

  • R

    Seller Co-Listing Agent in 2014

    Rebecka Ryniak

    West USA Realty of Prescott

See All Agents

Map

Source: Prescott Area Association of REALTORS®

MLS Number: 1037909

Prescott Area Association of REALTORS®

APN: 113-12-007

Arizona Yavapai County Prescott 86301

502 Western Ave, Prescott, AZ

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Prescott Area Association of REALTORS® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Listings courtesy of Prescott Area Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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