Seller's Agent in 2021
Carol Pinciaro
REAL ESTATE BROKERS OF SEDONA
(928) 301-3327
3 in this area
75 Total Sales
Estimated Value: $638,446
--
Bed
--
Bath
3,534
Sq Ft
$181/Sq Ft
Est. Value
Highlights
- Evaporated cooling system
- Cottonwood Elementary School Rated 10
- Ceiling Fan
About This Home
As of April 2021A rare opportunity to purchase a stable income property with 0% vacancy for the past few years. CAP rate on Gross Annual is 7%. Each unit has a fenced back area. Newer laminate flooring and evaporative coolers. 2BR, 1 BA units averaging 800-900 SF each. Refrigerators included; washers and dryers belong to tenants. New silicone roof. Upgrades vary per unit based on move out. Long term renters.
Owner May Carry up to $200,000 balance. Good opportunity with strong rental market.
Last Agent to Sell the Property
REAL ESTATE BROKERS OF SEDONA License #BR526272000 Listed on: 02/10/2021
Last Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,229
Year Built
- Built in 1977
Home Design
- Block Exterior
Additional Features
- Ceiling Fan
- Evaporated cooling system
Community Details
- 4 Units
- Five Star Hgt Subdivision
Listing and Financial Details
- Tax Lot 43
- Assessor Parcel Number 40606233
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2021
Closed on
Mar 24, 2021
Sold by
Billau Tony and Maddox Lori
Bought by
Wu Han Bin
Seller's Agent
Carol Pinciaro
REAL ESTATE BROKERS OF SEDONA
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$485,000
Sold Price
$470,000
Premium/Discount to List
-$15,000
-3.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,446
Avg. Annual Appreciation
7.18%
Original Mortgage
$352,500
Outstanding Balance
$262,831
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$380,114
Purchase Details
Closed on
Dec 30, 2019
Sold by
Cronister David W and Cronister Teresa Ann
Bought by
Billau Tony and Maddox Lori
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 17, 2002
Sold by
Schwisow M Scott
Bought by
Schwisow Claudia M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 14, 1995
Sold by
Williamson C Kevin and Williamson Shirley A
Bought by
Bohan William J and Williams Nancy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8.86%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wu Han Bin | $470,000 | Empire West Title Agency Llc | |
| Billau Tony | $300,000 | Old Republic Title Ins Az | |
| Schwisow Claudia M | -- | Chicago Title Insurance Co | |
| Schwisow Claudia M | $215,000 | Chicago Title Insurance Co | |
| Bohan William J | $160,000 | Yavapai Coconino Title Agenc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wu Han Bin | $352,500 | |
| Previous Owner | Billau Tony | $225,000 | |
| Previous Owner | Schwisow Claudia M | $115,000 | |
| Previous Owner | Bohan William J | $112,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/29/2021 04/29/21 | Sold | $470,000 | -3.1% | $133 / Sq Ft |
| 04/27/2021 04/27/21 | Pending | -- | -- | -- |
| 02/10/2021 02/10/21 | For Sale | $485,000 | -- | $137 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,201 | $40,937 | -- | -- |
| 2024 | $1,173 | $41,028 | -- | -- |
| 2023 | $1,179 | $31,938 | $3,534 | $28,404 |
| 2022 | $1,173 | $25,108 | $2,854 | $22,254 |
| 2021 | $1,238 | $24,921 | $2,985 | $21,936 |
| 2020 | $1,229 | $0 | $0 | $0 |
| 2019 | $1,219 | $0 | $0 | $0 |
| 2018 | $1,178 | $0 | $0 | $0 |
| 2017 | $1,132 | $0 | $0 | $0 |
| 2016 | $1,108 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Carol Pinciaro
-
H
Buyer's Agent in 2021
Historical Agent - SVV
Historical Listings - SVV
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 525449
APN: 406-06-233
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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