NOT LISTED FOR SALE

Estimated Value: $290,849

-- Bed
-- Bath
1,660 Sq Ft
$175/Sq Ft Est. Value

Last Sold July 02, 2013

Last sale price $120,000 $72 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,603/month

12 Days on Market

About This Home

As of July 2013

Owner Financing! Great terms! Please call for more information. This commercial property in Cottonwood is zoned C-1 with a permanent use permit for an auto repair shop (not a dealership). Consists of 1660 sq. ft. main building having two bays (each with a lift), half bath, two office spaces and a compressor. Additional, separate 225 sq. ft. remodeled studio in rear of property is excellent for storage. Presently rented on a month-to-month basis. Can be used for any other business that requires C-1 zoning. Signage is visible from Main Street.

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 06/07/2013

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV Listed on: 06/07/2013

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,391

Year Built

  • Built in 1980

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,660 Sq Ft Home
  • Concrete Flooring

Additional Features

  • Property is zoned C-1
  • 220 Volts

Community Details

  • 2 Buildings
  • Scotts Add Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 40637220a

Property Details

Property Type

Other

Est. Annual Taxes

$1,391

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Number Of Buildings: 2
  • Year Built: 1980
  • Tax Year: 2012
  • Subdivision Name: Scotts Add
  • Electric 220: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 1660.0

Exterior Features

  • Construction Type: Block
  • Roof: Composition, Rolled/Hot Mop
  • Construction:Block: Yes

Utilities

  • Electric: 220 Volts, 3 Phase Power
  • Water Source: City Franchise
  • 3 Phase Power: Yes

Lot Info

  • Parcel #: 40637220a

Tax Info

  • Tax Annual Amount: 1391.0
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2013
Closed on
Jun 21, 2013
Sold by
Gore Robert N and Gore Mirkalice
Bought by
Serna Ruben and Serna Maria Magdalena
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%
Current Estimated Value
$290,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,849
Avg. Annual Appreciation
7.31%
Original Mortgage
$70,000
Outstanding Balance
$49,772
Interest Rate
3.48%
Mortgage Type
Seller Take Back
Estimated Equity
$236,729

Purchase Details

Closed on
Dec 19, 2005
Sold by
Scott Dallas E
Bought by
Gore Robert N and Gore Mirkalice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,200
Interest Rate
6.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 17, 2004
Sold by
Rackov Joseph L and Rackov Sharon L
Bought by
Scott Dallas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.76%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Serna Ruben $120,000 Stewart Title & Trust Of Pho
Gore Robert N $279,900 Capital Title Agency
Scott Dallas E $110,000 Yavapai Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serna Ruben $70,000
Previous Owner Gore Robert N $77,200
Previous Owner Scott Dallas E $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2013 07/02/13 Sold $120,000 -11.1% $72 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $135,000 -- $81 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

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
2026 $954 -- -- --
2024 $989 -- -- --
2023 $965 $24,323 $5,641 $18,682
2022 $989 $20,998 $5,761 $15,237
2021 $1,074 $17,013 $5,237 $11,776
2020 $1,066 $0 $0 $0
2019 $1,057 $0 $0 $0
2018 $1,021 $0 $0 $0
2017 $982 $0 $0 $0
2016 $961 $0 $0 $0
2015 -- $0 $0 $0
2014 $969 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 501019

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-37-220A