NOT LISTED FOR SALE

516 S Montezuma St Prescott, AZ 86303

Estimated Value: $615,000 - $812,000

0.17 Acre
$4,174,141 Price per Acre
7,405 Sq Ft Lot

Last Sold March 02, 2016

Last sale price $95,000

Est. 632% increase in value since last sale

Current estimated payment $3,971/month

289 Days on Market

Highlights

  • City View
  • No HOA
  • Gentle Sloping Lot
  • Taylor Hicks School Rated A-

About This Lot

As of March 2016

Outstanding buildable lot right in town. Zoned Business Regional which allows for single family, duplex or tri-plex (3 addresses available). Also allows medical offices, retail shops, convenience store, laundromat, offices, restaurants, just to list a few. You can also do a combination of retail/residential. See attached documents for all uses. This lot is NOT in the flood plain. City water, city sewer, natural gas, and alley access. So much potential here!

Last Agent to Sell the Property

Laura Miner

Realty ONE Group Mountain Desert License #SA641729000 Listed on: 05/10/2015

Last Buyer's Agent

LAURA MINER

Keller Williams Check Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $664

Lot Details

  • 7,405 Sq Ft Lot
  • Gentle Sloping Lot
  • Property is zoned BR

Property Views

  • City Views

Community Details

  • No Home Owners Association
  • Prescott Original Township Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25

Property Details

Property Type

Land

Est. Annual Taxes

$664

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Multi-Residential
  • Exclusions: No
  • Special Features: None

Exterior Features

  • Fencing: None
  • Topography: Sloped - Gentle
  • View: City
  • Home Warranty: No
  • Neighborhood: N/A
  • RoadAccessMaintenance: Access-City,Maint-City

Utilities

  • Utilities: Natural Gas On-Site, Water - City, WWT - City Sewer
  • UtilitiesAvailable: City Sewer,City Water,Electricity,Natural Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: BR
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 0.17
  • Irrigation Water Rights: No
  • AssessorsBook: 109
  • AssessorsMap: 14
  • AssessorsParcel: 25
  • LotNumber: 9
  • LotImprovements: Alley,Sidewalk(s)
  • BuildingRestriction: Other - See Remarks
  • SiteSoilEvaluation: None
  • ListPriceAcres: 647059.00

Rental Info

  • PetsAnimals: Domestics

Tax Info

  • Year: 2014
  • Tax Annual Amount: 664
  • Tax Parcel Letter: 109-14-025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2015
Closed on
Feb 25, 2016
Sold by
Richardson Timothy E and Richardson Tim
Bought by
Routson Donald C and Routson Rebecca B
Seller's Agent
Laura Miner
Realty ONE Group Mountain Desert
Buyer's Agent
LAURA MINER
Keller Williams Check Realty
List Price
$110,000
Sold Price
$95,000
Premium/Discount to List
-$15,000
-13.64%
Current Estimated Value
$695,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,791
Avg. Annual Appreciation
21.89%

Purchase Details

Closed on
Mar 21, 2015
Sold by
Cornell Neil A
Bought by
Richardson Tim
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
Routson Donald C $95,000 Empire West Title Agency
Richardson Tim $65,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cornell Neil A $51,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2016 03/02/16 Sold $95,000 -13.6% --
02/01/2016 02/01/16 Pending -- -- --
05/09/2015 05/09/15 For Sale $110,000 -- --
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 $1,936 $60,261 -- --
2024 $1,897 $54,960 -- --
2023 $1,897 $47,369 $0 $0
2022 $1,859 $11,758 $11,758 $0
2021 $595 $10,894 $10,894 $0
2020 $596 $0 $0 $0
2019 $588 $0 $0 $0
2018 $567 $0 $0 $0
2017 $379 $0 $0 $0
2016 $653 $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: 986549

Prescott Area Association of REALTORS®

APN: 109-14-025