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1474 Varsity Drive

1474 Varsity Drive, Prescott, AZ 86301
House in Yavapai
Sold Feb 10, 2022
$620,000
$496,000 by Nfm Lending Inc
Mortgage Due Mar 01, 2052
Sold Jul 31, 2020
$413,000
1474 Varsity Drive has been categorized by the local assessors in Prescott, AZ as a residential type of property. The building on the property was first built in 2016 and is 8 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1474 Varsity Drive has 1,715 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,227 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 471 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of concrete. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1474 Varsity Drive was last sold in Feb 7, 2022 for $620,000. According to our calculations, that's $283.62 per sqft. Prior to that sales transaction, the property was sold for $413,000 in Jul 27, 2020. Current property owners are expected to pay $1,587 in taxes per year. The property on 1474 Varsity Drive was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $48,377. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Wood Exterior
Stone Exterior
Stucco Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 471
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 2,186
  • Gross Building Area: 2,186
  • Building Area: 1,715
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,715
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRESCOTT LAKES
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FALCON POINT AT PRESCOTT LAKES LOT 31 CONT .12AC SEC 23&24 -14-2W M&P 59/5-7

Ownership

  • Current Owner : WOOD FAMILY TRUST
  • Previous Owner : EUGENE COOK TERRY
  • Owner Before Previous Owner: LOHRAN LEE ANN
  • Owner Before Previous Owner 2: LEE ANN LOHRAN REVOCABLE TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Prescott Unified District
  • Census Tract: 000404

Geography

  • Assessors Map Reference: 2314N02W
  • Account Number: 105043237
  • Parcel: 105-04-323
  • Lot: 31
  • Meridian: SEC 23 TWN 14N RNG 02W
  • Municipality: PRESCOTT
  • Latitude: 34.5819
  • Longitude: -112.431

    Address

  • Full Address: 1474 Varsity Dr
  • Address - House Number: 1474
  • Address - Street Name: Varsity
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Prescott
  • Carrier Code: R042
  • 4-Digit Zip Code: 7844
  • Zip Code: 86301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,587
  • Tax Rate Code Area: 0120

    Appraisal Valuation

  • Standard Deviation: 0.2355
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 67
  • Final Value: 599,432
  • High Value: 740,629
  • Low Value: 458,236

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $496,000
  • First Open Lien Mortgage Lender: NFM LENDING INC
  • First Open Lien Mortgage Recording Date: Feb 10, 2022
  • First Open Lien Mortgage Loan Amount: $496,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $483,771
  • Market Land Value: $70,707
  • Market Improvement Value: $413,064

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $48,377

    Sales

  • Current Sale Contract Date: Feb 07, 2022
  • Current Sale Recording Date: Feb 10, 2022
  • Current Sale Transaction ID: 11879564427
  • Current Sale Price: $620,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8270
  • Previous Sale Recording Date: Jul 31, 2020
  • Previous Sale Contract Date: Jul 27, 2020
  • Previous Sale Amount: $413,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NFM LENDING INC
  • First Mortgage Transaction Date: Feb 10, 2022
  • First Mortgage Loan Amount: $496,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

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Frequently Asked Questions

What neighborhood is 1474 Varsity Drive located in?
The 1474 Varsity Drive is a house located in the neighborhood of Yavapai in Prescott, Prescott.
What is the average sales price for listings in 1474 Varsity Drive?
The average sales price for units in 1474 Varsity Drive is $0 currently.

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