NOT LISTED FOR SALE

6669 E 1st St Prescott Valley, AZ 86314

Estimated Value: $4,549,940

Studio
-- Bath
21,763 Sq Ft
$209/Sq Ft Est. Value

Sale Details

Date Sold: January 2, 2018

Last sale price $2,810,000 $129 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $27,332 / mo

353 Days on Market

About This Home

As of January 2018

LONG TERM OCCUPANT - MATTRESS & FURNITURE GALLERY!!! 5 year lease with options. High volume store. Located on 1/14 acres. New roof in 2014. Building is divisible into 2 units. 2 roll-up doors (12 ft.). Fully sprinklered building. 70 parking spaces. 8% CAP RATE! Only $137.00 PSF, $239,613 NOI. Visibility from major corridor of Highway 69 through Prescott Valley. Entrance to highway adjacent to property. Prescott Valley Metro Ara has more than 211,000 people.

Last Agent to Sell the Property

David Genovese

Avison Young License #BR032969000 Listed on: 08/27/2016

Last Buyer's Agent

David Genovese

Avison Young License #BR032969000 Listed on: 08/27/2016

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $43,905

Year Built

  • Built in 2000

Lot Details

  • 35,719 Sq Ft Lot
  • Partially Fenced Property
  • Additional Parcels
  • Property is zoned Commercial

Home Design

  • 21,763 Sq Ft Home
  • Block Exterior

Parking

  • 70 Open Parking Spaces
  • 70 Parking Spaces

Utilities

  • Heating System Uses Natural Gas

Community Details

  • Graybriar Unit 1001 1100 2001 2100 Subdivision
  • Operating Expense $43,905

Listing and Financial Details

  • Tax Lot 1048
  • Assessor Parcel Number 103-08-054-A

Property Details

Property Type

Other

Est. Annual Taxes

$43,905

Year Built

Built in 2000

Lot Details

0.82 Acres

Listing Details

  • Cross Street: SWC E. 1st Street & Interstate 69.
  • Legal Info Range: 01W
  • Property Type: Comm/Industry Sale
  • Zoning: Commercial
  • Current Use: Retail PAD
  • Number Of Buildings: 1
  • Year Built: 2000
  • Tax Year: 2016
  • Lot Size Acres: 0.82
  • Road Surface Type: Asphalt
  • Subdivision Name: GRAYBRIAR UNIT 1001-1100 2001-2100
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: Partial
  • Construction Type: Block
  • Roof: Other, See Remarks
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 70.0
  • Total Parking Spaces: 70.0
  • General Property Description:Uncvrd Parking Spcs: 70.0
  • General Property Description:Total Parking Spcs: 70.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Warehouse Evap
  • Heating: Natural Gas
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size Sq Ft: 35719.0
  • Additional Parcels: Yes
  • Parcel #: 103-08-054-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 43905.14

Tax Info

  • Tax Annual Amount: 43905.14
  • Tax Book Number: 103.00
  • Tax Lot: 1048
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2021
Sold by
Bell 40 Llc
Bought by
Spooner Capital Llc
Current Estimated Value
$4,549,940

Purchase Details

Listed on
Aug 27, 2016
Closed on
Dec 29, 2017
Sold by
Milligan John and Milligan Michelle
Bought by
Bell 40 Llc
Seller's Agent
David Genovese
Avison Young
Buyer's Agent
David Genovese
Avison Young
List Price
$3,495,000
Sold Price
$2,810,000
Premium/Discount to List
-$685,000
-19.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$1,885,000
Interest Rate
3.95%
Mortgage Type
Commercial
Source: Public Records
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

Purchase History

Date Buyer Sale Price Title Company
Spooner Capital Llc $3,640,000 Stewart Title & Trust
Bell 40 Llc $2,830,000 Lawyers Titel Navajo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bell 40 Llc $1,885,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2018 01/02/18 Sold $2,810,000 -19.6% $129 / Sq Ft
08/26/2016 08/26/16 For Sale $3,495,000 -- $161 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $40,514 -- -- --
2024 $40,380 -- -- --
2023 $40,380 $239,592 $59,965 $179,627
2022 $40,726 $188,328 $39,964 $148,364
2021 $40,802 $199,477 $47,016 $152,461
2020 $39,611 $0 $0 $0
2019 $39,250 $0 $0 $0
2018 $38,404 $0 $0 $0
2017 $38,849 $0 $0 $0
2016 $38,810 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    David Genovese

    Avison Young

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5489459

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-08-054A

Arizona Yavapai County Prescott Valley 86314

6669 E 1st St, Prescott Valley, AZ

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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.