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1518 Varsity Drive

1518 Varsity Drive, Prescott, AZ 86301
House in Yavapai
Sold Nov 20, 2020
$462,500
$262,000 by Prime Choice Funding Inc
Mortgage Due Dec 01, 2050
Sold Nov 21, 2016
$357,670
$280,000 by Mohave State Bank
Mortgage Due Dec 01, 2046
Local assessors in Prescott, AZ have categorized 1518 Varsity Drive as a residential type of property. The home was built in 2015 and is 9 years old. The property's lot size has been calculated to be 6,534 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1518 Varsity Drive has a total of 1,998 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 461 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of concrete. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1518 Varsity Drive sold most recently in Nov 11, 2020 for a total of $462,500. If you work out the math, that's approximately a cost of $188.08 per sqft. Before that, the property was also sold for $357,670 in Nov 11, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,714 in taxes each year. 1518 Varsity Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $53,639. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior
Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • 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: 461
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 2,459
  • Gross Building Area: 2,459
  • Building Area: 1,998
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,998
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRESCOTT LAKES
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FALCON POINT AT PRESCOTT LAKES LOT 10 CONT .15AC SEC 23&24 -14-2W M&P 59/5-7

Ownership

  • Current Owner : TWOMBLEY GARY
  • Current Owner 2: TWOMBLEY JEANINE
  • Previous Owner : PITTMAN MARK D
  • Previous Owner 2: PITTMAN CONNIE L
  • Owner Before Previous Owner: DORN HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 2314N02W
  • Account Number: 105043026
  • Parcel: 105-04-302
  • Lot: 10
  • Meridian: SEC 23 TWN 14N RNG 02W
  • Municipality: PRESCOTT
  • Latitude: 34.5804
  • Longitude: -112.433

    Address

  • Full Address: 1518 Varsity Dr
  • Address - House Number: 1518
  • Address - Street Name: Varsity
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Prescott
  • Carrier Code: R042
  • 4-Digit Zip Code: 7848
  • Zip Code: 86301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,714
  • Tax Rate Code Area: 0120

    Appraisal Valuation

  • Standard Deviation: 0.2401
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 66
  • Final Value: 639,120
  • High Value: 792,610
  • Low Value: 485,630

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $262,000
  • First Open Lien Mortgage Lender: PRIME CHOICE FUNDING INC
  • First Open Lien Mortgage Recording Date: Nov 20, 2020
  • First Open Lien Mortgage Loan Amount: $262,000
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $536,390
  • Market Land Value: $92,187
  • Market Improvement Value: $444,203

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $53,639

    Sales

  • Current Sale Contract Date: Nov 11, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Transaction ID: 11803495584
  • Current Sale Price: $462,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-0072413
  • Previous Sale Recording Date: Nov 21, 2016
  • Previous Sale Contract Date: Nov 11, 2016
  • Previous Sale Amount: $357,670
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIME CHOICE FUNDING INC
  • First Mortgage Transaction Date: Nov 20, 2020
  • First Mortgage Loan Amount: $262,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MOHAVE STATE BANK
  • Previous Mortgage Transaction Date: Nov 21, 2016
  • Previous Mortgage Loan Amount: $280,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2046

About Prescott



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Frequently Asked Questions

What neighborhood is 1518 Varsity Drive located in?
The 1518 Varsity Drive is a house located in the neighborhood of Yavapai in Prescott, Prescott.
What is the average sales price for listings in 1518 Varsity Drive?
The average sales price for units in 1518 Varsity Drive is $0 currently.

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