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1524 Varsity Drive

1524 Varsity Drive, Prescott, AZ 86301
House in Yavapai
Sold Mar 25, 2020
$422,649
$222,000 by Paramount Residential Mortgage
Mortgage Due Jan 01, 2051
Sold Jul 21, 2014
$4,200,000
$15,000,000 by Wells Fargo Bank Na
Mortgage
Nearby Listings
The property has no active listings. Please see other similar options below.
Unit for sale at 1472 Varsity Drive, Prescott, AZ 86301

$679,900

  • 2 Beds
  • 2 Baths
  • 1,684 ft²
1472 Varsity Drive, Prescott, AZ 86301 Listing by John P Bolstad

Unit for sale at 1611 Petroglyph Point Drive, Prescott, AZ 86301

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1611 Petroglyph Point Drive #45, Prescott, AZ 86301 Listing by Christian Petersen

Unit for sale at 1566 Commonwealth Street, Prescott, AZ 86301

$975,000

  • 3 Beds
  • 2.5 Baths
  • 2,405 ft²
1566 Commonwealth Street, Prescott, AZ 86301 Listing by Molly Auman

Local assessors in Prescott, AZ have categorized 1524 Varsity Drive as a residential type of property. The home was built in 2019 and is 5 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 1524 Varsity Drive has a total of 1,809 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. 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, 1524 Varsity Drive sold most recently in Feb 26, 2020 for a total of $422,649. If you work out the math, that's approximately a cost of $233.64 per sqft. Before that, the property was also sold for $4,200,000 in Jul 14, 2014. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,483 in taxes each year. 1524 Varsity Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $45,862. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

Condition

New Construction

Exterior

Stucco Exterior Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,809
  • Gross Building Area: 1,809
  • Building Area: 1,809
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,809
  • 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 7 CONT .15AC SEC 23&24 -14-2W M&P 59/5-7

Ownership

  • Current Owner : KOZLOW JULIE A
  • Previous Owner : DORN HOMES INC
  • Owner Before Previous Owner: NEPTUNE COMPANY ASSET HOLDINGS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 2314N02W
  • Account Number: 105042991
  • Parcel: 105-04-299
  • Lot: 7
  • Meridian: SEC 23 TWN 14N RNG 02W
  • Municipality: PRESCOTT
  • Latitude: 34.5806
  • Longitude: -112.433

    Address

  • Full Address: 1524 Varsity Dr
  • Address - House Number: 1524
  • Address - Street Name: Varsity
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Prescott
  • Carrier Code: R042
  • 4-Digit Zip Code: 7850
  • Zip Code: 86301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,483
  • Tax Rate Code Area: 0120

    Appraisal Valuation

  • Standard Deviation: 0.2354
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 67
  • Final Value: 616,466
  • High Value: 761,638
  • Low Value: 471,293

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $222,000
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 23, 2020
  • First Open Lien Mortgage Loan Amount: $222,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $458,623
  • Market Land Value: $92,187
  • Market Improvement Value: $366,436

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $45,862

    Sales

  • Current Sale Contract Date: Feb 26, 2020
  • Current Sale Recording Date: Mar 25, 2020
  • Current Sale Transaction ID: 11751536328
  • Current Sale Price: $422,649
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2020-0016586
  • Previous Sale Recording Date: Jul 21, 2014
  • Previous Sale Contract Date: Jul 14, 2014
  • Previous Sale Amount: $4,200,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIERRA PACIFIC MORTGAGE SERVIC
  • First Mortgage Transaction Date: Mar 25, 2020
  • First Mortgage Loan Amount: $322,649
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 21, 2014
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $15,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Prescott



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Nearby Rentals

Unit for rent at 1975 Blooming Hills Drive, Prescott, AZ, 86301

$1,850 /mo

  • 2 Beds
  • 2 Baths
  • 1,192 ft²
1975 Blooming Hills Drive #216, Prescott, AZ, 86301 Listing by Donald R Bonnell

Frequently Asked Questions

What neighborhood is 1524 Varsity Drive located in?
The 1524 Varsity Drive is a house located in the neighborhood of Yavapai in Prescott, Prescott.
What is the average sales price for listings in 1524 Varsity Drive?
The average sales price for units in 1524 Varsity Drive is $0 currently.

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