NOT LISTED FOR SALE

638 2nd St Prescott, AZ 86301

Estimated Value: $637,000 - $783,000

-- Bed
-- Bath
2,400 Sq Ft
$293/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $700,000 $292 Per Sq Ft

Current estimated payment $3,819/month

12 Days on Market

Highlights

  • Evaporated cooling system
  • Ceiling Fan
  • Heating Available
  • Lincoln Elementary School Rated A-

About This Home

As of July 2022

rofessionally managed 4 plex in Prescott! Wonderful investment opportunity. This single-level 4-plex includes two 750 sf 2 bedroom, 1 ba units, two 450 sf studio units. All units are currently leased; current rental income for all 4 combined is $3,895 per month. Proforma $4000/mo. Plenty of parking and walking distance to downtown, shopping, schools, hospital, restaurants. Each Unit includes range and refrigerator. ~4.5% cash on cash return with manangement.

Last Agent to Sell the Property

Cody Anne Yarnes

Rent Right Management Solutions License #SA576662000 Listed on: 06/02/2022

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,097

Year Built

  • Built in 1979

Lot Details

  • 0.25

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Out Of Maricopa Cnty Elementary And Middle School
  • Out Of Maricopa Cnty High School

Utilities

  • Evaporated cooling system
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 7 / 15
  • Assessor Parcel Number 113-03-014

Community Details

Overview

  • 4 Units
  • Building Dimensions are 115x125x65x125
  • Dameron Park Add Subdivision

Building Details

  • Operating Expense $1,097

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,097

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Legal Info Range: 02W
  • Property Type: Multiple Dwellings
  • Zoning: MF-M
  • Number Of Buildings: 1
  • Year Built: 1979
  • Tax Year: 2021
  • Directions: Montezuma to Navajo West to property on Right.
  • Road Surface Type: Asphalt
  • Subdivision Name: DAMERON PARK ADD
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Out of Maricopa Cnty
  • High School: Out of Maricopa Cnty
  • Middle Or Junior School: Out of Maricopa Cnty

Lot Info

  • Lot Size: 115x125x65x125
  • Additional Parcels: No
  • Parcel #: 113-03-014

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Operating Expense: 1097.0

Tax Info

  • Tax Annual Amount: 1097.0
  • Tax Block: 15
  • Tax Book Number: 113.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2023
Sold by
Ariaaz Llc
Bought by
Nieto Debra S and Nieto Robert A
Current Estimated Value
$703,219

Purchase Details

Closed on
Mar 9, 2021
Sold by
Umali Ralph E and Umali Yvonne C
Bought by
Carter Corporation Profit Sharing Plan

Purchase Details

Listed on
Oct 31, 2015
Closed on
Nov 23, 2015
Sold by
Tally Jayson J and Tally Laurel L
Bought by
Umali Ralph E and Umali Yvonne C
Seller's Agent
Laurel Tally
Realty ONE Group Mountain Desert
Buyer's Agent
Simon Fort
Arizona Prime Real Estate
List Price
$279,000
Sold Price
$270,000
Premium/Discount to List
-$9,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%
Original Mortgage
$202,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2014
Sold by
Bunch Douglas J
Bought by
Tally Jayson J and Tally Laurel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2011
Sold by
Vonurban Daniel M and Vonurban Linda J
Bought by
Bunch Douglas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,107
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 2007
Sold by
Vonurban Daniel M and Vonurban Linda J
Bought by
Vonurban Daniel M and Vonurban Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2000
Sold by
Doe Joan L
Bought by
Vonurban Daniel M and Vonurban Linda I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 4, 1999
Sold by
Timperio Louise Caulkins and Caulkins Frances Louise
Bought by
Doe Clifford W and Doe Joan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.7%
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
Nieto Debra S $716,500 Lawyers Title
Carter Corporation Profit Sharing Plan $465,000 Yavapai Title
Umali Ralph E $270,000 Driggs Title Agency Inc
Tally Jayson J $210,000 Driggs Title Agency Inc
Bunch Douglas J $193,000 Yavapai Title Agency Inc
Vonurban Daniel M -- Pioneer Title Agency Inc
Vonurban Daniel M -- Pioneer Title Agency Inc
Vonurban Daniel M $161,000 Transnation Title Ins Co
Doe Clifford W $140,000 Yavapai Coconino Title Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Umali Ralph E $202,500
Previous Owner Tally Jayson J $157,500
Previous Owner Bunch Douglas J $188,107
Previous Owner Vonurban Daniel M $296,000
Previous Owner Vonurban Daniel M $110,000
Previous Owner Doe Clifford W $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2022 07/01/22 Sold $700,000 0.0% $292 / Sq Ft
07/01/2022 07/01/22 Sold $700,000 -2.5% $292 / Sq Ft View Prior Sale
06/30/2022 06/30/22 Pending -- -- --
05/27/2022 05/27/22 Pending -- -- --
05/15/2022 05/15/22 For Sale $718,025 -4.0% $299 / Sq Ft
03/02/2022 03/02/22 For Sale $748,025 +177.0% $312 / Sq Ft
12/22/2015 12/22/15 Sold $270,000 -3.2% $113 / Sq Ft View Prior Sale
11/22/2015 11/22/15 Pending -- -- --
10/31/2015 10/31/15 For Sale $279,000 -- $116 / 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 $1,096 $58,872 -- --
2024 $1,073 $54,548 -- --
2023 $1,073 $46,856 $11,103 $35,753
2022 $1,052 $38,622 $9,852 $28,770
2021 $1,097 $38,872 $8,165 $30,707
2020 $1,099 $0 $0 $0
2019 $1,085 $0 $0 $0
2018 $1,046 $0 $0 $0
2017 $998 $0 $0 $0
2016 $1,004 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Cody Anne Yarnes

    Rent Right Management Solutions

    (928) 848-1188

    224 Total Sales

    Cody Anne Yarnes
    Section Image

  • N

    Buyer's Agent in 2022

    Non-MLS Agent

    Non-MLS Office

  • B

    Buyer's Agent in 2022

    Barbara Morris

    Better Homes And Gardens Real Estate Bloomtree Realty

    Section Image
  • Laurel Tally

    Seller's Agent in 2015

    Laurel Tally

    Realty ONE Group Mountain Desert

    (928) 848-1080

    54 Total Sales

    Laurel Tally
    Section Image

  • S

    Buyer's Agent in 2015

    Simon Fort

    Arizona Prime Real Estate

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6409962

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-03-014

Arizona Yavapai County Prescott 86301

638 2nd St, Prescott, AZ

This home is located at 638 2nd St, Prescott, AZ 86301 since 02 June 2022 and is currently estimated at $703,219, approximately $293 per square foot. This property was built in 1979. 638 2nd St is a home located in Yavapai County with nearby schools including Lincoln Elementary 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.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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