NOT LISTED FOR SALE

Estimated Value: $620,352 - $650,000

Studio
-- Bath
3,000 Sq Ft
$212/Sq Ft Est. Value

Last Sold May 07, 2025

Last sale price $620,000 $207 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,482/month

21 Days on Market

Highlights

  • Central Air
  • Ceiling Fan
  • 5-minute walk to Cottonwood Kids Park
  • Cottonwood Elementary School Rated 10
  • Carpet

About This Home

As of May 2025

Great rental property with 5 units right in the heart of Cottonwood. Most of the unit have been remodeled recently. Property averages a 0% vacancy rate over the last decade. Very well maintained. All units are 1 bedroom 1 bathroom. Have stackable washer and dryer in the kitchen area. Every unit has a small fenced in back yard. Landlord pays trash and water. Tenants pay electricity. All units rent are slightly under market rent. All units are on month to month leases. Please call listing agents with any questions.

Last Agent to Sell the Property

Jason Riley

Beaver Creek Realty License #BR677004000 Listed on: 04/01/2025

Co-Listed By

Farrell Guy

Beaver Creek Realty License #SA576956000

Last Buyer's Agent

Timothy Toth

Coldwell Banker Northland License #SA560439000

Coldwell Banker Northland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,932

Year Built

  • Built in 2000

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Vinyl

Additional Features

  • Ceiling Fan
  • Central Air

Community Details

  • 5 Units
  • Mingus Park Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 40641045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,932

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: C-1
  • Year Built: 2000
  • Tax Year: 2024
  • Co List Office Mls Id: bcr3
  • Co List Office Phone: 928-567-7448
  • Subdivision Name: Mingus Park
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • 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: Dishwasher, Refrigerator, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Composition

Utilities

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

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes

Lot Info

  • Parcel #: 40641045

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 1932.0
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2024
Sold by
Hughmanick John J
Bought by
John J Hughmanick Revocable Trust and Hughmanick
Current Estimated Value
$635,176

Purchase Details

Listed on
Sep 20, 2013
Closed on
Nov 12, 2013
Sold by
Hughmanick Diana Lynn and Hughmanick John J
Bought by
Hughmanick John J
Seller's Agent
Gary Muise
Coldwell Banker Realty
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$262,500
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 20, 2013
Closed on
Oct 21, 2013
Sold by
Covep Properties L L C
Bought by
First American Exchange Company Llc
Seller's Agent
Gary Muise
Coldwell Banker Realty
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2000
Sold by
Mcinnis James W and Mcinnis Kristine L
Bought by
Covep Properties Llc

Purchase Details

Closed on
Nov 9, 1998
Sold by
Charter Sidney J and Charter Evelyn P
Bought by
Mcinnis James W and Mcinnis Kristine L
Source: Public Records
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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
John J Hughmanick Revocable Trust -- None Listed On Document
Hughmanick John J -- Yavapai Title Agency Sedona
First American Exchange Company Llc $350,000 Yavapai Title Agency Sedona
Covep Properties Llc -- --
Mcinnis James W $23,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughmanick John J $262,500
Previous Owner Covep Properties Llc $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2025 05/07/25 Sold $620,000 -3.9% $207 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $645,000 +84.3% $215 / Sq Ft
12/13/2013 12/13/13 Sold $350,000 -4.1% $117 / Sq Ft View Prior Sale
09/20/2013 09/20/13 For Sale $365,000 -- $122 / Sq Ft
09/19/2013 09/19/13 Pending -- -- --
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 $1,932 $54,329 -- --
2024 $1,897 $55,948 -- --
2023 $1,897 $38,316 $4,717 $33,599
2022 $1,888 $33,171 $3,603 $29,568
2021 $1,993 $30,818 $2,404 $28,414
2020 $1,978 $0 $0 $0
2019 $1,962 $0 $0 $0
2018 $1,895 $0 $0 $0
2017 $1,822 $0 $0 $0
2016 $1,784 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 538741

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-41-045