NOT LISTED FOR SALE

625 N 3rd St Prescott, AZ 86301

Estimated Value: $1,375,307

-- Bed
-- Bath
13,258 Sq Ft
$104/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $700,000 $53 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $7,570/month

47 Days on Market

About This Home

As of November 2016

Great opportunity to run or grow your business in this highy desirable area. Commercial building's complete with office space and large roll up doors.
Demand for this type of space to rent is extremely high. Run your business in one or part of one building and rent out the rest.

Last Agent to Sell the Property

Joseph Scarpignato

Phoenician Properties Realty License #BR115991000 Listed on: 07/14/2016

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,900

Year Built

  • Built in 1975

Lot Details

  • 0.55 Acre Lot
  • Chain Link Fence
  • Property is zoned il

Home Design

  • Metal Roof
  • Metal Siding

Interior Spaces

  • 13,258 Sq Ft Home
  • Concrete Flooring

Parking

  • 30 Open Parking Spaces
  • 30 Parking Spaces

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Buildings

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 113-04-020

Property Details

Property Type

Other

Est. Annual Taxes

$2,900

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Cross Street: Gurley and Montezuma
  • Property Type: Comm/Industry Sale
  • Zoning: il
  • Current Use: Warehouse
  • Number Of Buildings: 2
  • Year Built: 1975
  • Tax Year: 2015
  • Directions: North on Montezuma to 3rd street turn right up the hill to the Property
  • Lot Size Acres: 0.55
  • Structure Type: Commercial, Industrial, Office, Manufacturing, Distribution/Warehse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Chain Link
  • Construction Type: Metal Siding
  • Roof: See Remarks, Metal
  • Construction:Metal: Yes

Garage/Parking

  • Open Parking Spaces: 30.0
  • Total Parking Spaces: 30.0
  • General Property Description:Uncvrd Parking Spcs: 30.0
  • General Property Description:Total Parking Spcs: 30.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Office A/C
  • Heating: Natural Gas
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size Sq Ft: 23958.0
  • Additional Parcels: No
  • Parcel #: 113-04-020
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2900.0
  • Tax Book Number: 113.00
  • Tax Lot: 20
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2017
Sold by
K & Jb Commercial Investments
Bought by
Universal Iron Investments Llc
Current Estimated Value
$1,375,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.9%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jul 14, 2016
Closed on
Nov 2, 2016
Sold by
Mccracken Jack
Bought by
K & Jb Commercial Investments Llc
Seller's Agent
Joseph Scarpignato
Phoenician Properties Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$999,777
Sold Price
$700,000
Premium/Discount to List
-$299,777
-29.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$600,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2005
Sold by
The Golden Talons Llc
Bought by
Tnt Makela Family Lp

Purchase Details

Closed on
Jul 30, 2004
Sold by
Di Mar Industries Inc
Bought by
The Golden Talons Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
5.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 27, 1999
Sold by
Corkery Thomas A and Corkery Marie
Bought by
Corkery Martin J and Corkery Diana

Purchase Details

Closed on
Jan 10, 1996
Sold by
Moore Patrick B
Bought by
Corkery Martin J and Corkery Diana
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
Universal Iron Investments Llc $779,000 Yavapai Title
K & Jb Commercial Investments Llc $700,000 Yavapai Title Agency Inc
Tnt Makela Family Lp $1,105,000 --
The Golden Talons Llc $995,000 First American Title Ins Co
Corkery Martin J $400,000 First American Title
Corkery Martin J $430,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Universal Iron Investments Llc $600,000
Previous Owner K & Jb Commercial Investments Llc $600,000
Previous Owner The Golden Talons Llc $995,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2016 11/18/16 Sold $700,000 -30.0% $53 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $999,777 -- $75 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $3,345 -- -- --
2024 $3,376 -- -- --
2023 $3,376 $84,999 $21,523 $63,476
2022 $3,406 $58,885 $19,573 $39,312
2021 $3,652 $59,796 $19,573 $40,223
2020 $3,659 $0 $0 $0
2019 $3,612 $0 $0 $0
2018 $3,484 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5470052

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-04-019A