tomo logo

$1,499,000

Beds
5
Baths
2.0
sq ft
2,737

111 South Mount Vernon Avenue, Prescott, AZ 86303

111 South Mount Vernon Avenue

Prescott, AZ 86303

  • 215 days on market
LOCATION! ''The Shady Victorian'' is an exquisite 1906 historic home nestled in the heart of Prescott. The residence offers a unique blend of timeless elegance and modern comfort. Boasting an impressive heritage, this property was home to one of the earliest pioneers of Prescott, the Daniel Hatz family. Hatz constructed the Governor's Mansion in 1864 which is now on display at Sharlot Hall Museum in Prescott. Listed on the National Historic Register and located within the renowned East Prescott Historic district, this beautiful early 20th century Arts & Crafts style home features the modern amenities of a remodeled Kitchen and bathrooms, with recent capital improvements including HVAC, Roof, Exterior paint and on-demand hot water heater (See Document tab for More Information).

Details

Property type

Single Family Residence

Est. home value

$854,593

Lot size

8,671 sq ft

Price per sq ft

$548

Year built

1921

Annual property taxes

$792

HOA

No

Price History

05/20/2024
PrescottAZ

PrescottAZ #1064645

Listed
$1,499,000
+149.83%
07/31/2019
PrescottAZ

PrescottAZ #1021163

Sold
$600,000
+60%
10/08/2015
PrescottAZ

PrescottAZ #986993

Sold
$375,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,086,987
Asking price
$1,499,000
Closing costs (~8% of asking)
-$119,920
Est. remaining loan balance
-$292,093
Cash to seller
$1,086,987

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

May 2020

Original loan amount

$395,840

Est. remaining balance

$292,093

Interest rate

2.82%

Loan type

New Conventional, 15 year

Seller

Logan W Frenks and Theresa S Franks

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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325 West Gurley Street Unit 302, Prescott, AZ 86301

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Pending
PrescottAZ
$1,599,000
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|
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3,011 sq ft
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1399 Ridgewood Drive, Prescott, AZ 86305

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Price drop
PrescottAZ
$1,497,000
4 bd
|
2.75 ba
|
4,166 sq ft
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473 Glen Echo Circle, Prescott, AZ 86303

Status: Active

Tomo last checked: 12/22/2024 at 8:00 AM

Listing updated: 10/09/2024 at 3:54 AM

Listed by: Theresa Sue Franks, HomeSmart Phone #: (623) 889-7100

MLS: PrescottAZ #1064645

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