NOT LISTED FOR SALE

Estimated Value: $316,000 - $409,972

-- Bed
-- Bath
791 Sq Ft
$457/Sq Ft Est. Value

Last Sold December 01, 2016

Last sale price $152,000 $192 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,987/month

54 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating System Uses Natural Gas
  • Lincoln Elementary School Rated A-

About This Home

As of December 2016

Great Investment Property.Two homes in downtown Prescott. Original home is ~791 SQFT with 2 bedrooms, one bath, plus a screened in porch and additional room/office. House is 1936 year built. Rented for $600 through 07/31/16 tenants pays all of their own utilities. Back house was built in 1950 and has 4 paved parking spots with alley access. Home is ~988 SQFT, 3 bedrooms, one bath with laundry/storage area. Currently rented for $999 through 1/31/17, tenants pay all of their own utilities. Separate parking, yards and utility meters for each house. GREAT INVESTMENT property, zoned Multi-Family Medium.

Last Agent to Sell the Property

Cody Anne Yarnes

Rent Right Management Solutions License #SA576662000 Listed on: 08/24/2016

Last Buyer's Agent

Rena Bergman

Realty Executives Northern Arizona License #SA550516000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $874

Year Built

  • Built in 1950

Lot Details

  • 7,405

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Community Details

  • 2 Buildings
  • Building Dimensions are .17 acres
  • Dameron Tract Subdivision

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water
  • Legal Lot and Block 11 / 4
  • Assessor Parcel Number 113-05-060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$874

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: MF-M
  • Number Of Buildings: 2
  • Year Built: 1950
  • Tax Year: 2013
  • Directions: West on Whipple, left on Dameron, home is on the left.
  • Road Surface Type: Asphalt
  • Subdivision Name: DAMERON TRACT
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Appliances Included:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Add'l Parking Avail, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Street Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS
  • Cooling: Other, See Remarks
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: .17 acres
  • Additional Parcels: No
  • Parcel #: 113-05-060

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Gas, Electricity, Water
  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 874.0
  • Tax Block: 4
  • Tax Book Number: 113.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2016
Closed on
Dec 1, 2016
Sold by
Mann James J
Bought by
Basta Bonnette
Seller's Agent
Cody Anne Yarnes
Rent Right Management Solutions
Buyer's Agent
Rena Bergman
Realty Executives Northern Arizona
List Price
$160,000
Sold Price
$152,000
Premium/Discount to List
-$8,000
-5%
Current Estimated Value
$361,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,493
Avg. Annual Appreciation
10.24%
Original Mortgage
$114,000
Outstanding Balance
$92,053
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$269,440

Purchase Details

Listed on
Aug 24, 2016
Closed on
Nov 21, 2016
Sold by
Basta John P and Basta Bonette
Bought by
Basta Bonette
Seller's Agent
Cody Anne Yarnes
Rent Right Management Solutions
Buyer's Agent
Rena Bergman
Realty Executives Northern Arizona
List Price
$160,000
Sold Price
$152,000
Premium/Discount to List
-$8,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Outstanding Balance
$92,053
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$269,440

Purchase Details

Closed on
Apr 26, 2005
Sold by
Rotering David L and Rotering Candy P
Bought by
Mann James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2004
Sold by
Amos Don
Bought by
Rotering David L and Rotering Candy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 1999
Sold by
Scalf Joseph F
Bought by
Scalf Jody L
Source: Public Records

Range of Values:

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Average Value
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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
Basta Bonnette $152,000 Yavapai Title Agency Inc
Basta Bonette -- Yavapai Title Agency Inc
Mann James J $195,000 Arizona Title Agency Inc
Rotering David L -- Chicago Title Ins Co
Amos Don -- Chicago Title Ins Co
Scalf Jody L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basta Bonnette $114,000
Previous Owner Mann James J $156,000
Previous Owner Rotering David L $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2016 12/01/16 Sold $152,000 0.0% $192 / Sq Ft
11/01/2016 11/01/16 Sold $152,000 -1.9% $154 / Sq Ft View Prior Sale
10/17/2016 10/17/16 Pending -- -- --
10/02/2016 10/02/16 Pending -- -- --
09/15/2016 09/15/16 Price Changed $154,900 -3.2% $196 / Sq Ft
08/24/2016 08/24/16 For Sale $160,000 -3.6% $202 / Sq Ft
08/03/2016 08/03/16 Sold $166,000 +3.8% $210 / Sq Ft View Prior Sale
07/01/2016 07/01/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $160,000 -19.6% $202 / Sq Ft
11/10/2014 11/10/14 For Sale $199,000 -- $201 / 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 $911 $44,963 -- --
2024 $874 $42,946 -- --
2023 $892 $37,040 $0 $0
2022 $874 $27,742 $6,736 $21,006
2021 $911 $26,740 $5,786 $20,954
2020 $913 $0 $0 $0
2019 $901 $0 $0 $0
2018 $869 $0 $0 $0
2017 $829 $0 $0 $0
2016 $835 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5488062

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-05-060