$1,400,000
SOLD FEB 28, 2025

3220 State Highway 89 Prescott, AZ 86301

21 Beds
3 Baths
5,889 Sq Ft
0.92 Acres

Recently Sold

$238 Per Sq Ft

12% Below List Price

104 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Multiple Water Heaters
  • Abia Judd Elementary School Rated A-
  • Refrigerated and Evaporative Cooling System
  • 1-Story Property

About This Home

As of February 2025

Investment Opportunity: 20-Unit Apartment Complex in Prime LocationDiscover a rare value-add opportunity with this 20-unit apartment complex, ideally situated between Willow and Watson Lakes in the Dells. This property presents a unique chance for savvy investors to unlock its full potential and capitalize on a thriving rental market.Gross rent, NOI and GRM numbers are based on pro-forma. More details available for serious inquiries.

Last Agent to Sell the Property

Matthew Fish

Prescott Commercial Real Estate License #BR626105000

Last Buyer's Agent

Matthew Fish

Prescott Commercial Real Estate License #BR626105000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,321

Year Built

  • Built in 1963

Lot Details

  • 0.92 Acre Lot
  • Property fronts a highway

Parking

  • 1 Car Parking Space

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3 Bathrooms
  • 5,889 Sq Ft Home
  • 1-Story Property

Utilities

  • Refrigerated and Evaporative Cooling System
  • Evaporated cooling system
  • Baseboard Heating
  • 220 Volts
  • Private Company Owned Well
  • Multiple Water Heaters

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 20 Units

Listing and Financial Details

  • The owner pays for gas, trash collection, water
  • Assessor Parcel Number 18

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,321

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • FILLYEARBUILT: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Flooring: See Remarks
  • Number Of Buildings: 2
  • Owner Pays: Gas, Trash Collection, Water
  • Possible Bedrooms: 21
  • Stories: 1

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt Shingle
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Construction Type: Wood Frame
  • Neighborhood: N/A

Utilities

  • Cooling: Evaporative Cooling, Room Refrigeration
  • Heating: Baseboard
  • Utilities: Service - 220v, Natural Gas On-Site, Well Private, WWT - City Sewer
  • Water Heater: Two or More

Condo/Co-op/Association

  • Association: No
  • Management: Owner

Lot Info

  • Zoning: RS-35 and C1-2
  • Lot Size Acres: 0.92
  • Lot Size Sq Ft: 39902
  • Additional Parcels: No
  • AssessorsBook: 106
  • AssessorsMap: 13
  • AssessorsParcel: 18
  • LotNumber: na
  • AssessorParcelLtr: C

Rental Info

  • RentLease: No

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6321
  • Tax Parcel Letter: 106-13-018C

Multi Family

  • Number Of Units Total: 20
  • VacancyRate: 0.00
  • MoreThan5Units: Yes

Map

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

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $1,400,000 -12.5% $238 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
10/10/2024 10/10/24 For Sale $1,599,999 -- $272 / Sq Ft
Source: Prescott Area Association of REALTORS®

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
2024 $6,321 -- -- --
2023 $6,321 $95,169 $18,811 $76,358
2022 $6,280 $85,974 $24,782 $61,192
2021 $6,538 $85,831 $24,782 $61,049
2020 $6,458 $0 $0 $0
2019 $6,315 $0 $0 $0
2018 $6,067 $0 $0 $0
2017 $5,765 $0 $0 $0
2016 $5,703 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $1,400,000 Yavapai Title Agency
Special Warranty Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Source: Prescott Area Association of REALTORS®

MLS Number: 1068140

Prescott Area Association of REALTORS®

APN: 106-13-018C