NOT LISTED FOR SALE

510 S Cortez St Prescott, AZ 86303

Estimated Value: $475,670 - $747,000

-- Bed
8 Baths
2,532 Sq Ft
$253/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $156,000 $62 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $3,583/month

257 Days on Market

Highlights

  • Landscaped
  • Forced Air Heating System
  • Carpet
  • Taylor Hicks School Rated A-
  • Refrigerated and Evaporative Cooling System
  • 1-Story Property

About This Home

As of April 2012

Great income generating tri-plex in downtown Prescott. 1 car carport per unit and storage closet. Short sale approved by Chase bank, bank is very cooperative with response time. Inspections upon accepted contract. May be purchased separately or in conjunction with 512 S. Cortez for a total of 6 units. Use as-is addendum. Sold as-is, no exceptions. All units are rented. ACCEPTING BACK UP OFFERS.

Last Agent to Sell the Property

Terri Atkins

Arizona Prime Real Estate License #BR521934000 Listed on: 07/13/2011

Last Buyer's Agent

TONYA MERRITT

SHARP HOMES REALTY INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,517

Year Built

  • Built in 1969

Lot Details

  • 7,405 Sq Ft Lot
  • Landscaped

Parking

  • 1 Car Parking Space

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,532 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Electricity To Lot Line
  • Natural Gas Water Heater
  • Phone Available

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 40

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,517

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • FILLYEARBUILT: 1969
  • Exclusions: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Flooring: Carpet, Laminate
  • Owner Pays: Trash Collection, Water
  • Stories: 1

Exterior Features

  • Exterior Features: Landscaped
  • Roof: Asphalt Shingle
  • Construction Type: Stucco

Utilities

  • Cooling: Room Refrigeration
  • Heating: Forced Air Gas
  • Utilities: Electricity On-Site, Natural Gas On-Site, Telephone On-Site, Water - City, WWT - City Sewer
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Management: Owner

Lot Info

  • Zoning: multi
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • AssessorsBook: 109
  • AssessorsMap: 14
  • AssessorsParcel: 40
  • LotNumber: 5
  • AssessorParcelLtr: C

Rental Info

  • RentLease: No

Tax Info

  • Year: 2010
  • Tax Annual Amount: 1517
  • Tax Parcel Letter: 109-14-040C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2011
Closed on
Apr 27, 2012
Sold by
Beets Nancy J
Bought by
510 Cortez Street Llc
Seller's Agent
Terri Atkins
Arizona Prime Real Estate
Buyer's Agent
TONYA MERRITT
SHARP HOMES REALTY INC
List Price
$235,000
Sold Price
$156,000
Premium/Discount to List
-$79,000
-33.62%
Current Estimated Value
$640,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,223
Avg. Annual Appreciation
10.59%
Original Mortgage
$117,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2011
Closed on
Apr 3, 2012
Sold by
Fountas John and Jones Frederick L
Bought by
Beets Mccallister Nancy
Seller's Agent
Terri Atkins
Arizona Prime Real Estate
Buyer's Agent
TONYA MERRITT
SHARP HOMES REALTY INC
List Price
$235,000
Sold Price
$156,000
Premium/Discount to List
-$79,000
-33.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2005
Sold by
Feldmeier William J and Feldmeier Sharon
Bought by
Fountas John and Jones Frederick L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
5.44%
Mortgage Type
New Conventional
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
510 Cortez Street Llc -- None Available
Beets Mccallister Nancy $156,000 Pioneer Title Agency Inc
Fountas John $246,250 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beets Mccallister Nancy $117,000
Previous Owner Fountas John $197,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2012 04/30/12 Sold $156,000 -33.6% $62 / Sq Ft
03/31/2012 03/31/12 Pending -- -- --
07/13/2011 07/13/11 For Sale $235,000 -- $93 / 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 $1,141 $55,768 -- --
2024 $1,118 $51,846 -- --
2023 $1,118 $44,787 $8,091 $36,696
2022 $1,096 $31,969 $8,623 $23,346
2021 $1,142 $32,307 $7,989 $24,318
2020 $1,144 $0 $0 $0
2019 $1,130 $0 $0 $0
2018 $1,090 $0 $0 $0
2017 $1,039 $0 $0 $0
2016 $1,046 $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: 956626

Prescott Area Association of REALTORS®

APN: 109-14-040C