$1,124,900
$50K PRICE DROP

12570 N Cotton Ln Unit 29-32 Surprise, AZ 85388

Estimated payment $5,950/month

Total Views 1,577
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Clubhouse
  • 10 Car Attached Garage
  • Central Heating and Cooling System
  • Heated Community Pool
  • Resident Manager or Management On Site
  • Ceiling Fan

About This Home

Brand-new 4-plex in Hayden Farms, built for long-term durability & low maintenance.
Each unit offers 3 bedrooms, 2.5 baths, open-concept living, quartz countertops, stainless appliances, in-unit laundry & private garages. Great location near Loop 303,shopping,dining and top-rated schools.
HOA is $988/month for all units and covers water, sewer, trash, ext insurance, landscaping, clubhouse, pool and tot lot. Units are in the lease-up phase.Rents:#1029 $1,995,9.13.26, other units estimated rent $1,745. MAXX PM is the required onsite management (7% of gross rents). Ideal turnkey investment for owner-occupy, investors, or 1031 exchange. Rare opportunity in one of the West Valley's fastest-growing communities. Buyer/Broker to verify all info. Listing Agent is the owner of the fourplex.

Listing Agent

Sherida Zenger

Long Realty Unlimited License #SA686590000 Listed on: 07/23/2025

Long Realty Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $322

Year Built

  • Built in 2025

Parking

  • 10 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Carpet

Schools

  • Dysart Middle School
  • Dysart High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 502-12-430

Community Details

Overview

  • 4 Units
  • Building Dimensions are .03
  • Hayden Farms Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $18,367
  • Gross Income $91,579
  • Net Operating Income $63,241

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$322

Year Built

Built in 2025

Lot Details

0

Listing Details

  • Cross Street: Cotton and Cactus
  • Legal Info Range: 2W
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2025
  • Tax Year: 2024
  • Professional Management Expense: 6189.0
  • Subdivision Name: HAYDEN FARMS
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Carpet
  • Appliances: Disposal, Dishwasher, Refrigerator, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes
  • Community Features:Clubhouse: Yes
  • Community Features:Pool2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco, Stone
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Attached
  • Attached Garage: Yes
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Manager Res/Office, Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes

Schools

  • Elementary School: Dysart Middle School
  • High School: Dysart High School
  • Junior High Dist: Dysart Unified District
  • Middle Or Junior School: Dysart Middle School

Lot Info

  • Lot Size: .03
  • Additional Parcels: No
  • Parcel #: 502-12-430

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 4
  • Annual Gross Income: 91578.67
  • Property Net Operating Income: 63241.0
  • Annual Operating Expense: 18367.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 322.0
  • Tax Book Number: 502.00
  • Tax Lot: 9

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,663 $2,365 $2,365 --
2024 $328 $2,252 $2,252 --
2023 $328 $2,145 $2,145 $0
2022 $331 $3,750 $3,750 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2025 10/16/25 Price Changed $1,124,900 -2.1% --
09/08/2025 09/08/25 Price Changed $1,149,000 -0.1% --
08/26/2025 08/26/25 Price Changed $1,150,000 -2.1% --
07/23/2025 07/23/25 For Sale $1,175,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $862,000 Thomas Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $646,500 Construction
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6896435

Arizona Regional Multiple Listing Service (ARMLS)

APN: 502-12-430

Arizona Maricopa County Surprise 85388

12570 N Cotton Ln Unit 29-32, Surprise, AZ

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Sherida Zenger
Listing Agent
Sherida Zenger
Section Image
Long Realty Unlimited
(623) 323-2078