See Home Value
Prescott 86303
433 S Cortez Street
$395,738*
House - Off Market

433 S Cortez Street

Prescott, AZ 86303
bedrooms
3 Beds
bathrooms
1 Bath
square feet
947 Sqft
$338,000 - $412,000
Reference Base Price*
5.53%
Since Dec 1, 2022
National-US
Primary Model
Sold Nov 16, 2022
$404,975

About This Property

Great Bungalow Downtown Prescott with multi-family zoning!! This means a total of 2 family homes can be on the property. Very short distance to the Courthouse Square, with wonderful restaurants, shops and Parades. This 3 bedroom 1 bath home would be a great rental, VRBO, Airbnb or a place to call home as it has been for 50+ years. The current home is situated toward the front of the lot on Cortez, providing the ability to build an additional home/rental/garage on the back of the property. Property has alley access. There is a garage and workshop see sketches in photos for details. Lots of investor potential. This is an opportunity to own an older home in Downtown Prescott with many opportunities. It is an as is sale, sellers are not doing repairs.

The manager has listed the unit size as 947 square feet.
Unit Size
947Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$396
Property Type
House
Property Taxes
$49
HOA Dues
-
Year Built
1961

Price History

Date / Event Date Event Price
Nov 18, 2022 No longer available -
No longer available
Nov 16, 2022 Sold $404,975
Sold
Nov 12, 2022 In contract -
In contract
Oct 29, 2022 Listed $375,000
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 947
  • Gross Building Area: 947
  • Building Area: 947
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 947
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRESCOTT ORIGINAL TOWNSITE
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PRESCOTT LESS E 45 OF N 11 LOT 18 BLK 33 696/55

Ownership

  • Current Owner : LARSON REVOCABLE LIVING TRUST
  • Previous Owner : MORRITT CAROL
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Prescott Unified District
  • Census Tract: 000803

Geography

  • Assessors Map Reference: 0413N02W
  • Account Number: 109040713
  • Parcel: 109-04-071
  • Block: 33
  • Lot: 18
  • Meridian: SEC 04 TWN 13 RNG 02W
  • Municipality: PRESCOTT
  • Latitude: 34.5348
  • Longitude: -112.469

    Address

  • Full Address: 433 S Cortez St
  • Address - House Number: 433
  • Street Direction: S
  • Address - Street Name: Cortez
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Prescott
  • Carrier Code: C014
  • 4-Digit Zip Code: 4317
  • Zip Code: 86303

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $594
  • Tax Rate Code Area: 0120

    Appraisal Valuation

  • Standard Deviation: 0.2449
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 65
  • Final Value: 397,025
  • High Value: 494,284
  • Low Value: 299,766

    Market Valuation

  • Market Total Value: $293,666
  • Market Land Value: $114,547
  • Market Improvement Value: $179,119

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $29,367

    Sales

  • Current Sale Contract Date: Nov 09, 2022
  • Current Sale Recording Date: Nov 16, 2022
  • Current Sale Transaction ID: 11898837001
  • Current Sale Price: $404,975
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 66649



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
768 ft²
$553/ft²
$425,000 Feb 20, 2024
-
$70/mo
House
2 Beds
2 Baths
974 ft²
$425/ft²
$414,000 Feb 23, 2024
-
$68/mo
Condo
2 Beds
2 Baths
1,004 ft²
$348/ft²
$349,000 Jan 16, 2024
-
$251/mo
Condo
2 Beds
2 Baths
1,203 ft²
$254/ft²
$305,000 Feb 15, 2024
-
$337/mo
House
2 Beds
1 Bath
795 ft²
$384/ft²
$305,000 Mar 14, 2023
-
$19/mo
In Contract
Commercial
Loft
1 Bath
1,282 ft²
$296/ft²
$380,000 Mar 9, 2024
-
$73/mo
Land
Loft
-
-
$346,500 Mar 4, 2024
-
$64/mo
House
2 Beds
2.5 Baths
2,879 ft²
$156/ft²
$449,000 Apr 1, 2024
-
-

About Prescott


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Nearby Rentals

Unit for rent at

$2,100 /mo

  • 3 Beds
  • 1 Bath
Listing by Manager


Frequently Asked Questions

When was property at 433 South Cortez Street built and last sold?
The property at 433 South Cortez Street was built in 1961 and last sold on Nov 9, 2022 for $404,975.
How much is this home worth?
The estimated value of the home located at 433 South Cortez Street is $376,253.
What are some comparable homes to 433 South Cortez Street?
There are currently no comparable homes to 433 South Cortez Street.

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