NOT LISTED FOR SALE

512 S Cortez St Prescott, AZ 86303

Estimated Value: $457,604 - $710,000

-- Bed
-- Bath
2,532 Sq Ft
$246/Sq Ft Est. Value

Last Sold April 26, 2012

Last sale price $150,000 $59 Per Sq Ft

Est. 315% increase in value since last sale

Current estimated payment $3,485/month

257 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Laundry Facilities
  • Taylor Hicks School Rated A-
  • Refrigerated and Evaporative Cooling System
  • Carpet

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 510 S. Cortez for a total of 6 units. Use as-is addendum. Sold as-is, no exceptions. Both units need new roofs, priced appropriately. 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

  • $1,518

Year Built

  • Built in 1969

Lot Details

  • 7,405 Sq Ft Lot

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
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,518

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
  • Number Of Buildings: 1
  • Owner Pays: Trash Collection, Water
  • Stories: 1

Exterior Features

  • Exterior Features: Laundry Facilities
  • Roof: Asphalt Shingle
  • Construction Type: Stucco

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Management: Owner

Lot Info

  • Zoning: multi
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • AssessorsBook: 109
  • AssessorsMap: 14
  • AssessorsParcel: 40
  • LotNumber: 7
  • AssessorParcelLtr: D

Rental Info

  • RentLease: No

Tax Info

  • Year: 2010
  • Tax Annual Amount: 1518
  • Tax Parcel Letter: 109-14-040D

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2011
Closed on
Apr 24, 2012
Sold by
Beets Lura
Bought by
Cplex 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
$150,000
Premium/Discount to List
-$85,000
-36.17%
Current Estimated Value
$622,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,201
Avg. Annual Appreciation
10.81%
Original Mortgage
$112,500
Outstanding Balance
$79,046
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$510,963

Purchase Details

Listed on
Jul 13, 2011
Closed on
Apr 4, 2012
Sold by
Fountas John and Jones Frederick L
Bought by
Beets Lura
Seller's Agent
Terri Atkins
Arizona Prime Real Estate
Buyer's Agent
TONYA MERRITT
SHARP HOMES REALTY INC
List Price
$235,000
Sold Price
$150,000
Premium/Discount to List
-$85,000
-36.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Outstanding Balance
$79,046
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$510,963

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
Trade
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cplex Llc -- None Available
Beets Lura $150,000 Pioneer Title Agency Inc
Fountas John $246,250 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beets Lura $112,500
Previous Owner Fountas John $197,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2012 04/26/12 Sold $150,000 -36.2% $59 / Sq Ft
03/27/2012 03/27/12 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 $55,014 -- --
2024 $1,118 $51,074 -- --
2023 $1,118 $44,148 $8,091 $36,057
2022 $1,096 $31,570 $8,623 $22,947
2021 $1,142 $31,889 $7,989 $23,900
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

  • T

    Seller's Agent in 2012

    Terri Atkins

    Arizona Prime Real Estate

  • T

    Buyer's Agent in 2012

    TONYA MERRITT

    SHARP HOMES REALTY INC

See All Agents

Map

Source: Prescott Area Association of REALTORS®

MLS Number: 956625

Prescott Area Association of REALTORS®

APN: 109-14-040D

Arizona Yavapai County Prescott 86303

512 S Cortez St, Prescott, AZ

This home is located at 512 S Cortez St, Prescott, AZ 86303 since 13 July 2011 and is currently estimated at $622,201, approximately $245 per square foot. This property was built in 1969. 512 S Cortez St is a home located in Yavapai County with nearby schools including Taylor Hicks School, Granite Mountain Middle School, and Prescott Mile High Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Prescott Area Association of REALTORS® 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.

Nearby Homes