Check Availability
Prescott 86301
1385 Terrace View Drive
$491,000 - $599,000
House - In Contract

1385 Terrace View Drive

Prescott, AZ 86301
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2095 Sqft
Sold Feb 22, 2005
$346,900
$675,000 by Hightechlending Inc
Mortgage Due Aug 11, 2093
Sold Nov 28, 1994
$206,650
$165,300 by Arcs Mortgage Inc
Mortgage Due Dec 01, 2024

About This Property

This 1976 contemporary home exudes mid-century charm, with its clean lines, architectural details & expansive windows. On a .84 landscaped acre in the middle of Prescott with views of the city and  surrounding mountains your Oasis awaits.  A gracious entry and gorgeous wood flooring leads to the spacious living room with a dramatic stone fireplace, vaulted ceilings w/ exposed beams and sliding doors to the expansive deck framing views of the surrounding landscape.  Formal dining or flex room, eat in kitchen with pantry and breakfast bar. 3 spacious bedrooms & master suite w/cedar lined walk in closet. Fully fenced back yard, large storage shed, carport, rv parking pad. But there is more! A 486 sq ft basement w/partially finished 3rd bath is not included in the 2095 sq ft. Updates include

The manager has listed the unit size as 2095 square feet.
Unit Size
2,095Ft²
Days on Market
-
Land Size
0.84 acres
Price per sqft
$260
Property Type
House
Property Taxes
$126
HOA Dues
-
Year Built
1976
Listed By
Kathy August
Kathy August
West USA Realty of Prescott

Price History

Date / Event Date Event Price
Apr 11, 2024 In contract -
In contract
Apr 5, 2024 Listed $545,000
Listed

Property Highlights

Fireplace
Air Conditioning
Interior Details

Interior Information

Deck

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Wood

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 560
  • Garage Type: Attached
  • Garage Square Area: 580
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 36,590
  • Total Building Area: 3,235
  • Gross Building Area: 3,235
  • Building Area: 2,655
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,655
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TERRACE
  • Land Acres: 0.84
  • Standard Land Use Code: Single family residential
  • Legal Description 1: IRREG PCL BY M&B IN NE 1/4 LYING E OF TERRACE VIEW DR SEC 28 1 4 2W CONT 84 AC

Ownership

  • Current Owner : LOKAY JAMES A
  • Previous Owner : JACOBSON GARY ALAN
  • Previous Owner 2: JACOBSON MARCIA M
  • Owner Before Previous Owner: LEVY HAROLD C
  • Owner Before Previous Owner 2: LEVY HELEN S
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Prescott Unified District
  • Census Tract: 000406

Geography

  • Assessors Map Reference: 2814N02W
  • Account Number: 11618067C2
  • Parcel: 116-18-067C
  • Meridian: SEC 28 TWN 14 RNG 02W
  • Municipality: PRESCOTT
  • Latitude: 34.568
  • Longitude: -112.468

    Address

  • Full Address: 1385 Terrace View Dr
  • Address - House Number: 1385
  • Address - Street Name: Terrace View
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Prescott
  • Carrier Code: C023
  • 4-Digit Zip Code: 1552
  • Zip Code: 86301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,513
  • Tax Rate Code Area: 0120

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 670,946
  • High Value: 797,658
  • Low Value: 544,234

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $675,000
  • First Open Lien Mortgage Lender: HIGHTECHLENDING INC
  • First Open Lien Mortgage Recording Date: May 21, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $675,000
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Aug 11, 2093

    Market Valuation

  • Market Total Value: $523,759
  • Market Land Value: $131,312
  • Market Improvement Value: $392,447

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $52,376

    Sales

  • Current Sale Contract Date: Jan 25, 2005
  • Current Sale Recording Date: Feb 22, 2005
  • Current Sale Transaction ID: 1027745134
  • Current Sale Price: $346,900
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 3822892
  • Previous Sale Recording Date: Nov 28, 1994
  • Previous Sale Contract Date: Nov 07, 1994
  • Previous Sale Amount: $206,650
  • Previous Sale Document Type: Joint Tenancy Deed

    Previous Mortgages

  • Previous Mortgage Lender: ARCS MORTGAGE INC
  • Previous Mortgage Transaction Date: Nov 28, 1994
  • Previous Mortgage Loan Amount: $165,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2024

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
2,083 ft²
$288/ft²
$600,000 Jan 11, 2024
-
$142/mo
House
3 Beds
2 Baths
2,054 ft²
$243/ft²
$499,000 Apr 12, 2024
-
$89/mo
House
3 Beds
2 Baths
1,898 ft²
$329/ft²
$625,000 Nov 20, 2023
-
$297/mo
House
3 Beds
2 Baths
1,658 ft²
$295/ft²
$489,900 Apr 12, 2024
-
$84/mo
House
3 Beds
2 Baths
1,740 ft²
$339/ft²
$589,000 Mar 7, 2024
-
$651/mo
House
3 Beds
2 Baths
1,488 ft²
$326/ft²
$485,000 Feb 27, 2024
-
$103/mo
House
3 Beds
2 Baths
1,484 ft²
$303/ft²
$450,000 Aug 14, 2023
-
$78/mo
House
4 Beds
3 Baths
1,820 ft²
$247/ft²
$450,000 Apr 4, 2024
-
$81/mo
House
4 Beds
3 Baths
1,784 ft²
$247/ft²
$440,000 Aug 22, 2023
-
-

About Prescott


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Frequently Asked Questions

When was property at 1385 Terrace View Drive built and last sold?
The property at 1385 Terrace View Drive was built in 1976 and last sold on Jan 25, 2005 for $346,900.
How much is this home worth?
The estimated value of the home located at 1385 Terrace View Drive is $559,401.
What are some comparable homes to 1385 Terrace View Drive?
Homes that are comparable to 1385 Terrace View Drive include a house property at 1617 Campbell Avenue, 491 Frederick Lane, 199 East Rosser Street.

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