NOT LISTED FOR SALE

Estimated Value: $320,330 - $490,000

-- Bed
-- Bath
1,260 Sq Ft
$332/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $230,000 $183 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,282/month

28 Days on Market

Highlights

  • RV or Boat Parking
  • Cooling System Mounted To A Wall/Window
  • Window Unit Heating System
  • Cottonwood Elementary School Rated 10
  • Carpet

About This Home

As of December 2020

Hard to find income producing Duplex in Cottonwood. Both Units nicely updated with New paint inside and out. New plank style flooring and New upgraded carpet everywhere else. Well equipped kitchen and interior laundry room. New HVAC equipment for both units. Large corner lot! Has a carport for covered parking and additional garage for storage. Lots of additional parking for recreational equipment. Both units are basically identical! Great location close to downtown, freeways, shopping, schools, etc...Great investment opportunity with long term tenants in place**DRIVE BY ONLY!!! DO NOT DISTURB THE TENANTS!!!***

Last Agent to Sell the Property

John Kovalik

DeLex Realty License #SA529382000 Listed on: 09/26/2020

DeLex Realty

Co-Listed By

Laura Anderson

Delex Realty License #SA562395000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $975

Year Built

  • Built in 1987

Lot Details

  • 9,583

Home Design

  • Steel Frame
  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • Carport
  • Free Parking
  • RV or Boat Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Window Unit Heating System

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 406-05-048-C

Community Details

Overview

  • 2 Units
  • Building Dimensions are 10,003
  • Verde Palisades Unit 2 Subdivision

Building Details

  • Operating Expense $975

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$975

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Cross Street: 89A and 6th street
  • Legal Info Range: 03E
  • Property Type: Multiple Dwellings
  • Zoning: duplex
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1987
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: dele003
  • Subdivision Name: VERDE PALISADES UNIT 2
  • Garage Yn: Yes
  • Tax Parcel Letter: C
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Built-In Range
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Steel Frame, Wood Frame, Painted
  • Roof: Composition
  • Construction:Steel Frame: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking, Free, Add'l Parking Avail, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking Features:Carport: Yes
  • Parking Features Free2: Yes
  • Parking Features:Garage: Yes
  • Parking Features RVBoat Parking2: Yes

Utilities

  • Electric: APS
  • Cooling: Window/Wall Unit, Electric
  • Heating: Window/Wall Unit(s), Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Separate Storage: Yes

Lot Info

  • Lot Size: 10,003
  • Additional Parcels: No
  • Parcel #: 406-05-048-C

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Operating Expense: 975.0

Tax Info

  • Tax Annual Amount: 975.0
  • Tax Book Number: 406.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2020
Closed on
Nov 30, 2020
Sold by
Hilberger Albert Lawrence
Bought by
Dedrick Denise R and Hillberger Albert Lawrence
Seller's Agent
John Kovalik
DeLex Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Current Estimated Value
$418,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,333
Avg. Annual Appreciation
12.98%
Original Mortgage
$172,500
Outstanding Balance
$153,850
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$264,483

Purchase Details

Closed on
Jul 30, 2018
Sold by
Hunt Vickie Gail
Bought by
Hunt Ashley E and Bridgeman Devon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Dedrick Denise R -- Yavapai Title
Dedrick Denise R $230,000 Yavapai Title
Hunt Ashley E $155,000 Yavapai Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dedrick Denise R $172,500
Previous Owner Hunt Ashley E $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $230,000 0.0% $183 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
10/24/2020 10/24/20 Off Market $230,000 -- --
10/16/2020 10/16/20 For Sale $235,000 +2.2% $187 / Sq Ft
10/12/2020 10/12/20 Off Market $230,000 -- --
10/05/2020 10/05/20 For Sale $235,000 +2.2% $187 / Sq Ft
10/01/2020 10/01/20 Off Market $230,000 -- --
09/26/2020 09/26/20 For Sale $235,000 -- $187 / 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 $1,050 $29,471 -- --
2024 $1,026 $28,946 -- --
2023 $1,031 $22,741 $0 $0
2022 $1,026 $18,558 $6,964 $11,594
2021 $1,083 $17,481 $6,123 $11,358
2020 $982 $0 $0 $0
2019 $975 $0 $0 $0
2018 $940 $0 $0 $0
2017 $902 $0 $0 $0
2016 $885 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $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: 6138077

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-05-048C