NOT LISTED FOR SALE

685 N Main St Unit A,B&C Cottonwood, AZ 86326

Estimated Value: $600,000 - $759,000

4 Beds
4 Baths
2,511 Sq Ft
$268/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $485,000 $193 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,828/month

29 Days on Market

Highlights

  • Attached Garage
  • Accessible Bathroom
  • Drip System Landscaping
  • Handicap Accessible
  • Tile Flooring
  • Solar Heating System

About This Home

As of February 2019

TRIPLEX LEED PLATINUM MULTI-INCOME PROPERTY ~ Gateway to Historic Old Town Cottonwood, 685 N Main St Cottonwood AZ. Built in 2013, and completed in 2014. Fully leased with one and 2 year leases. Flexible PAD zoning allows for various buyer intended uses, to include Office, Small Retail and or /Residential. Presently all the units are leased to residential tenants. Walk to shops, in old town Cottonwood. Very central and convenient location. This total electric complex has very reasonable utilities with conservation utilization, each unit has its own inverter with solar generation credit, city sewer and water, low maintenance landscaped grounds, and common areas serve for additional paved parking for guests. Very low maintenance building

Last Agent to Sell the Property

Esther Talbert

Yavapai Realty License #BR009721000 Listed on: 12/12/2018

Last Buyer's Agent

Evan Richards

Realty One Group Mountain Dese License #SA543153000

Realty One Group Mountain Dese

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,616

Year Built

  • Built in 2013

Lot Details

  • 6,098 Sq Ft Lot
  • North Facing Home
  • Drip System Landscaping

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Block And Beam Construction
  • Stucco

Interior Spaces

  • 2,511 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Tile
  • Vinyl

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • Attached Garage
  • Off-Street Parking

Accessible Home Design

  • Accessible Bathroom
  • Handicap Accessible

Eco-Friendly Details

  • Solar Heating System

Utilities

  • Refrigerated Cooling System
  • Mini Split Air Conditioners
  • Forced Air Heating System
  • Radiant Heating System
  • Separate Meters
  • Underground Utilities
  • Master Meter
  • 220 Volts
  • Multiple Water Heaters
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Hopkins Rch 1 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40638127c

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,616

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Cooling: Ceiling Fan(s), Individual AC, Refrigeration/Centrl
  • External Amenities: Handicap Access, Landscape, Sprinkler/Drip
  • Floors: Carpet, Concrete, Sheet Vinyl, Tile
  • Internal Amenities: Ceiling Fan, Dishwasher, Disposal, Fire Sprinklers, Fire/Smoke Alarm, Refrigerator
  • Roof Materials: Metal
  • Property Sub Type: Multi-Family
  • Assessor Parcel Number: 40638127c
  • Bathrooms: Handicap, Interior
  • Business Type: Apartments
  • Type Of Building: 2 - 4 Units
  • Amount of Taxes: 1616.00
  • Lot Acreage: 0.14
  • Year Built: 2013
  • House Faces: N
  • Directions: Cottonwood AZ Take North Main St to N 8th St. Turn on N 8th St. Take the first driveway to the left on the corner in the parking lot behind the buildings. 685 N Main Cottonwood, AZ is the 2nd building from the corner.
  • Special Features: None

Interior Features

  • Heating: Electric, Forced Air, Radiant, Solar
  • Total Sq Ft: 2511.00
  • Construction: Block, Frame - Wood, Stucco
  • Parking: Attached, Off Street
  • Property Type: Multi-Family
  • Road Access: City, Paved, Private
  • Road Maintenance: City Maintained
  • Water Heater: Electric, Two or More
  • Subdivision: Hopkins Rch 1 - 3
  • Management: Owner
  • Utilities Available: 220, Cable TV, City Water, Electricity, Individual Meter, Main Meter, Sewer (City), Telephone, Underground

Lot Info

  • Lot Dimensions: Refer to Survey Plat Documents

Tax Info

  • Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Green Light Estates Llc
Bought by
Rivera Raymond John
Total Days on Market
29
Current Estimated Value
$671,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,672
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 12, 2018
Closed on
Feb 27, 2019
Sold by
Fitzgerald Edward John and Fitzgerald Dorothea
Bought by
Green Light Estates Llc
Seller's Agent
Esther Talbert
Yavapai Realty
Buyer's Agent
Evan Richards
Realty One Group Mountain Dese
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%

Purchase Details

Listed on
Dec 12, 2018
Closed on
Jan 23, 2019
Sold by
Candlewood Green Llc
Bought by
Fitzgerald Edward John and Fitzgerald Dorothea
Seller's Agent
Esther Talbert
Yavapai Realty
Buyer's Agent
Evan Richards
Realty One Group Mountain Dese
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%

Purchase Details

Closed on
May 13, 2013
Sold by
Radoccia Reynold P and Radoccia Andrea Mcshane
Bought by
Candlewood Green Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 9, 2012
Sold by
National Bank Of Arizona
Bought by
Adoccia Reynold P R and Radoccia Andrea Mcshane

Purchase Details

Closed on
Jan 9, 2007
Sold by
Brownell Steve and Brownell Jules
Bought by
First American Title Insurance Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,300
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Rivera Raymond John $515,000 Yavapai Title
Green Light Estates Llc -- None Available
Fitzgerald Edward John $485,000 Lawyers Title Cottonwood
Candlewood Green Llc -- Yavapai Title Agency Prescot
Adoccia Reynold P R $65,000 Pioneer Title
First American Title Insurance Co -- First American Title Ins
Brownell Steve -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Raymond John $46,762
Open Rivera Raymond John $503,521
Previous Owner Rivera Raymond John $505,672
Previous Owner Candlewood Green Llc $300,000
Previous Owner Brownell Steve $168,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $485,000 -2.8% $193 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
12/12/2018 12/12/18 For Sale $499,000 -- $199 / Sq Ft
Source: Sedona Verde Valley Association of REALTORS®

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 $2,010 $50,080 -- --
2024 $1,973 $49,618 -- --
2023 $1,973 $34,689 $4,717 $29,972
2022 $1,964 $29,715 $3,603 $26,112
2021 $2,073 $27,638 $2,404 $25,234
2020 $2,058 $0 $0 $0
2019 $1,656 $0 $0 $0
2018 $1,616 $0 $0 $0
2017 $1,610 $0 $0 $0
2016 $1,598 $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: Sedona Verde Valley Association of REALTORS®

MLS Number: 518418

Sedona Verde Valley Association of REALTORS®

APN: 406-38-127C