NOT LISTED FOR SALE

Estimated Value: $716,871

Studio
-- Bath
3,777 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $650,000 $172 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,998/month

209 Days on Market

Highlights

  • Central Air
  • Ceiling Fan
  • Heating Available
  • Cottonwood Elementary School Rated 10
  • Carpet

About This Home

As of August 2021

Unbelievable investments opportunity, and potential 2-3 unit apartment complex. Close to town, plenty of parking spaces, enclosed backyard, great views, and spacious building. Could be great for long term rentals, visiting nurses / doctors, or short term AirBnb rentals.

Over 1,800 sq ft upstairs apartment with 2 bed and 2 bath, with the potential for a third bedroom.

The downstairs is currently used for a hair and nail salon, but could easily be converted to a one or two unit dwelling. The south side of the building has three rooms, a private entrance, a kitchen, 1.5 baths, and a large living area.

The north side of the building could be easily converted to a one bedroom apartment, and currently has plumbing to convert the laundry room into a bathroom.

Last Agent to Sell the Property

Kristine Anderson

Mingus Mountain Real Estate License #BR519377000 Listed on: 02/02/2021

Last Buyer's Agent

Carol Pinciaro

REAL ESTATE BROKERS OF SEDONA License #BR526272000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,771

Year Built

  • Built in 1989

Home Design

  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Carpet

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Community Details

  • 23 Units
  • Verde Village Unit 2 Subdivision

Listing and Financial Details

  • Tax Lot 507
  • Assessor Parcel Number 40646301a

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,771

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: C2-3
  • Year Built: 1989
  • Tax Year: 2020
  • Subdivision Name: Verde Village Unit 2
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: Dishwasher, Refrigerator, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No

Utilities

  • Electric: Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), Other
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter, City Franchise
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Main Cooling Other: Yes

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes

Lot Info

  • Parcel #: 40646301a

Multi Family

  • Number Of Units Total: 23

Tax Info

  • Tax Annual Amount: 2771.0
  • Tax Lot: 507

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Aug 16, 2021
Sold by
Siegel Nancy M
Bought by
Employee Housing Llc
Seller's Agent
Kristine Anderson
Mingus Mountain Real Estate
Buyer's Agent
Carol Pinciaro
REAL ESTATE BROKERS OF SEDONA
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Current Estimated Value
$716,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,871
Avg. Annual Appreciation
2.26%

Purchase Details

Closed on
Dec 23, 2015
Sold by
Guzman Benjamin M and Guzman Catherine J
Bought by
Siegel Nancy M

Purchase Details

Closed on
Apr 27, 1998
Sold by
Riddle Clarence Dale and Riddle Elnora Lorraine
Bought by
Guzman Benjamin M and Guzman Catherine J
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
Employee Housing Llc $650,000 Empire West Title
Siegel Nancy M -- None Available
Guzman Benjamin M $160,000 Yavapai Coconino Title Agenc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2021 08/30/21 Sold $650,000 -3.7% $172 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $675,000 -- $179 / 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 $2,991 -- -- --
2024 $2,868 -- -- --
2023 $2,868 $51,226 $9,483 $41,743
2022 $2,842 $42,747 $8,748 $33,999
2021 $2,729 $38,335 $8,748 $29,587
2020 $2,771 $0 $0 $0
2019 $2,606 $0 $0 $0
2018 $2,543 $0 $0 $0
2017 $2,690 $0 $0 $0
2016 $2,762 $0 $0 $0
2015 $2,782 $0 $0 $0
2014 $2,611 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 525377

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-46-301A