677 E Mingus Ave Cottonwood, AZ 86326
Cottonwood NeighborhoodEstimated payment $6,973/month
Highlights
- 0.48 Acre Lot
- Community Kitchen
- ENERGY STAR Qualified Equipment
- Cottonwood Elementary School Rated 10
- Central Air
- 4-minute walk to Garrison Centennial Park
About This Home
Prime investment opportunity in the heart of Cottonwood! This centrally located property sits near the Post Office, Garrison Park, the Rec
Center, and historic Old Town—perfectly positioned for visibility and convenience. With two parcels and C-1 commercial zoning, the possibilities are
endless. The property features 3,169 sq ft of retail/restaurant space, ideal for an owner/operator to bring their vision to life. Upstairs, a spacious 2,280 sq ft
penthouse apartment provides stylish living quarters or rental income potential, while a 1,092 sq ft garage adds valuable storage and flexibility. With over 40
parking spaces, your guests and customers will always feel welcome.
Property Details
Property Type
- Other
Est. Annual Taxes
- $6,624
Year Built
- Built in 2005
Lot Details
- 0.48 Acre Lot
- Wood Fence
- Chain Link Fence
- Property is zoned C1
Home Design
- Wood Frame Construction
- Tile Roof
- Composition Roof
Interior Spaces
- 6,500 Sq Ft Home
- Concrete Flooring
Parking
- 30 Open Parking Spaces
- 30 Parking Spaces
- Private Parking
- Paved Parking
- Parking Fee
Eco-Friendly Details
- ENERGY STAR Qualified Equipment
Utilities
- Central Air
- Heating System Uses Natural Gas
- Heat Pump System
Listing and Financial Details
- Assessor Parcel Number 406-42-255-A
Community Details
Overview
- 2 Buildings
Amenities
- Community Kitchen
- Meeting Room
Building Details
- Operating Expense $39,324
- Gross Income $102,000
- Net Operating Income $63,476
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,207 | -- | -- | -- |
| 2024 | $1,220 | -- | -- | -- |
| 2023 | $1,220 | $21,998 | $19,214 | $2,784 |
| 2022 | $1,250 | $24,318 | $21,996 | $2,322 |
| 2021 | $1,358 | $21,892 | $19,996 | $1,896 |
| 2020 | $1,347 | $0 | $0 | $0 |
| 2019 | $1,337 | $0 | $0 | $0 |
| 2018 | $1,291 | $0 | $0 | $0 |
| 2017 | $1,072 | $0 | $0 | $0 |
| 2016 | $1,050 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/12/2026 01/12/26 | For Sale | $1,250,000 | +51.1% | $192 / Sq Ft | |
| 10/01/2015 10/01/15 | Sold | $827,000 | +4.7% | $127 / Sq Ft | View Prior Sale |
| 08/10/2015 08/10/15 | Pending | -- | -- | -- | |
| 12/14/2014 12/14/14 | For Sale | $789,900 | -- | $122 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $827,000 | Yavapai Title | |
| Warranty Deed | $235,000 | Capital Title Agency |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $70,000 | Unknown | |
| Open | $692,000 | Seller Take Back | |
| Previous Owner | $90,000 | Commercial |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6967132
APN: 406-42-255D
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.
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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Ask me questions while you tour the home.