NOT LISTED FOR SALE

8500 E Lakeshore Dr Prescott Valley, AZ 86314

Estimated Value: $354,487 - $508,000

-- Bed
2 Baths
1,600 Sq Ft
$271/Sq Ft Est. Value

Last Sold February 17, 2012

Last sale price $102,000 $64 Per Sq Ft

Est. 325% increase in value since last sale

Current estimated payment $2,469/month

Highlights

  • Tile Flooring
  • Fenced
  • 1-Story Property
  • Ceiling Fan

About This Home

As of February 2012

TOTAL REMODEL. NEW STUCCO, FRESH PAINT INSIDE AND OUT. NEW TILE FLOORING AND CARPET IN BOTH UNITS. NEW BATHROOMS AND REFURBISHED KITCHENS. ENCLOSED LAUNDRY CLOSETS. NEW DOORS AND TRIM. THESE UNITS ARE BEING PROFESSIONALLY MANAGED AND ARE ALMOST MAINTANCE FREE.

Last Agent to Sell the Property

Mark Reed

Legends Investments License #BR525654000 Listed on: 12/28/2011

Last Buyer's Agent

NON MEMBER

DESERT SIERRA REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,101

Year Built

  • Built in 1972

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2 Full Bathrooms
  • 1,600 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Tile

Utilities

  • Electricity To Lot Line
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 145

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,101

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • FILLYEARBUILT: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Flooring: Carpet, Tile
  • Number Of Buildings: 1
  • Owner Pays: Sewer, Water
  • Full Bathrooms: 2
  • Stories: 1

Exterior Features

  • Exterior Features: Fence
  • Roof: Asphalt Shingle
  • Construction Type: Block, Stucco

Utilities

  • Cooling: Ceiling Fan(s)
  • Utilities: Cable TV On-Site, Electricity On-Site, Natural Gas On-Site, Telephone On-Site, Water - City, WWT - City Sewer
  • Water Heater: Electric

Condo/Co-op/Association

  • Management: Owner

Lot Info

  • Zoning: RS
  • Lot Size Acres: 0.24
  • AssessorsBook: 103
  • AssessorsMap: 28
  • AssessorsParcel: 145
  • LotNumber: 3360

Rental Info

  • RentLease: Yes

Tax Info

  • Year: 2009
  • Tax Annual Amount: 1101
  • Tax Parcel Letter: 103-28-145

Multi Family

  • MoreThan5Units: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2023
Sold by
Merrell William E and Merrell Jeanne C
Bought by
Majestic Mounty Property Llc
Current Estimated Value
$433,162

Purchase Details

Listed on
Dec 28, 2011
Closed on
Feb 9, 2012
Sold by
Prescott Equity Solutions Llc
Bought by
Merrell William E and Merrell Jeanne C
Seller's Agent
Mark Reed
Legends Investments
Buyer's Agent
NON MEMBER
DESERT SIERRA REALTY
List Price
$104,900
Sold Price
$102,000
Premium/Discount to List
-$2,900
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%
Original Mortgage
$76,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2010
Sold by
Aurora Loan Services Llc
Bought by
Prescott Equity Solutions

Purchase Details

Closed on
Nov 13, 2009
Sold by
Soehner Robert and Soehner Julie
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Feb 26, 2007
Sold by
Stazenski George A and Stazenski Sandra D
Bought by
Soehner Robert and Soehner Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
1.99%
Mortgage Type
Negative Amortization
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
Majestic Mounty Property Llc -- None Listed On Document
Merrell William E $102,000 Pioneer Title Agency Inc
Prescott Equity Solutions $75,000 Lawyers Title Of Arizona
Aurora Loan Services Llc $153,890 Servicelink
Soehner Robert $176,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merrell William E $76,500
Previous Owner Reed Kenneth S $108,863
Previous Owner Soehner Robert $140,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2012 02/17/12 Sold $102,000 -2.8% $64 / Sq Ft
01/18/2012 01/18/12 Pending -- -- --
12/28/2011 12/28/11 For Sale $104,900 -- $66 / 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 $1,295 $28,915 -- --
2024 $1,201 $30,791 -- --
2023 $1,201 $25,044 $0 $0
2022 $1,181 $18,548 $3,141 $15,407
2021 $1,213 $16,495 $3,028 $13,467
2020 $1,170 $0 $0 $0
2019 $1,155 $0 $0 $0
2018 $1,105 $0 $0 $0
2017 $1,083 $0 $0 $0
2016 $1,048 $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: 959848

Prescott Area Association of REALTORS®

APN: 103-28-145