NOT LISTED FOR SALE

101 S Main St Cottonwood, AZ 86326

Cottonwood Neighborhood

Estimated Value: $724,772

Studio
-- Bath
5,911 Sq Ft
$123/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $719,000 $122 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,358/month

1 Day on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating System Uses Natural Gas
  • Cottonwood Elementary School Rated 10

About This Home

As of April 2022

Why not buy a building and let the other tenants pay for it?? Retail/Office building on busy Main Street in Cottonwood. Owner/User or Investment Property Opportunity! Upside potential; Rents are below market.

Last Agent to Sell the Property

Mark T. Belsanti

da Vinci Realty Listed on: 02/04/2022

Last Buyer's Agent

Mark T. Belsanti

da Vinci Realty Listed on: 02/04/2022

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,675

Year Built

  • Built in 2000

Lot Details

  • Property is zoned C-1

Home Design

  • 5,911 Sq Ft Home
  • Stucco

Flooring

  • Carpet
  • Concrete

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Community Details

  • Carroll Sub Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 40643023d

Property Details

Property Type

Other

Est. Annual Taxes

$7,675

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Year Built: 2000
  • Tax Year: 2021
  • Subdivision Name: Carroll Sub
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Concrete
  • Living Area: 5911.0

Exterior Features

  • Construction Type: Stucco
  • Roof: Rolled/Hot Mop
  • Construction:Stucco2: Yes

Utilities

  • Cooling: Other
  • Heating: Natural Gas
  • Green Building Features: Physcl Chlgd (SRmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Main Cooling Other: Yes

Lot Info

  • Parcel #: 40643023d

Tax Info

  • Tax Annual Amount: 7675.0
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 17, 2022
Sold by
Wendy D Lippman Trust
Bought by
Vora Investment Properties Llc
Seller's Agent
Mark T. Belsanti
da Vinci Realty
Buyer's Agent
Mark T. Belsanti
da Vinci Realty
List Price
$759,000
Sold Price
$719,000
Premium/Discount to List
-$40,000
-5.27%
Current Estimated Value
$724,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,772
Avg. Annual Appreciation
0.21%

Purchase Details

Listed on
Sep 27, 2018
Closed on
Jan 30, 2019
Sold by
Bacon Max E and Lippman Wendy D
Bought by
Lippman Wendy D and Wendy D Lippman Trust
Seller's Agent
Jack McMahon
McMahon & Miller Commercial
Buyer's Agent
Jack McMahon
McMahon & Miller Commercial
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.16%
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 27, 2018
Closed on
Dec 10, 2018
Sold by
Lippman Wendy D and The Wendy D Lippman Trust
Bought by
Bacon Max E and Lippman Wendy D
Seller's Agent
Jack McMahon
McMahon & Miller Commercial
Buyer's Agent
Jack McMahon
McMahon & Miller Commercial
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%

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
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 27, 2018
Closed on
Dec 7, 2018
Sold by
Southwest Drive Llc
Bought by
Lippman Wendy D and The Wendy D Lippman Trust
Seller's Agent
Jack McMahon
McMahon & Miller Commercial
Buyer's Agent
Jack McMahon
McMahon & Miller Commercial
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%

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
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 2009
Sold by
Whitmire Lewis L
Bought by
Southwest Drive Llc

Purchase Details

Closed on
Apr 29, 2002
Sold by
Tifft Lyman L and Bertalan Erno C
Bought by
Whitmire Lewis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,500
Interest Rate
6.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2000
Sold by
Intrepid Enterprises
Bought by
Tifft Lyman L and Bertalan Erno C

Purchase Details

Closed on
Sep 4, 1996
Sold by
Frasca George and Frasca Mary C
Bought by
Intrepid Enterprises
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Vora Investment Properties Llc $719,000 Pioneer Title
Lippman Wendy D -- Pioneer Title Agency
Bacon Max E -- Stewart Title & Trust Of Pho
Lippman Wendy D $450,000 Stewart Title & Trust
Southwest Drive Llc $299,000 Pioneer Title Agency Inc
Whitmire Lewis L $490,000 First American Title
Tifft Lyman L $95,000 Yavapai Coconino Title Agenc
Intrepid Enterprises $79,500 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lippman Wendy D $300,000
Previous Owner Whitmire Lewis L $334,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/04/2022 04/04/22 Sold $719,000 -5.3% $122 / Sq Ft
02/05/2022 02/05/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $759,000 +68.7% $128 / Sq Ft
12/11/2018 12/11/18 Sold $450,000 -5.3% $76 / Sq Ft View Prior Sale
12/01/2018 12/01/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $475,000 -- $80 / 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 $6,821 -- -- --
2024 $6,899 -- -- --
2023 $6,899 $132,642 $19,509 $113,133
2022 $7,068 $122,768 $32,076 $90,692
2021 $7,675 $98,930 $29,160 $69,770
2020 $7,617 $0 $0 $0
2019 $7,557 $0 $0 $0
2018 $7,297 $0 $0 $0
2017 $7,016 $0 $0 $0
2016 $7,123 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mark T. Belsanti

    da Vinci Realty

    Section Image
  • Jack McMahon

    Seller's Agent in 2018

    Jack McMahon

    McMahon & Miller Commercial

    (928) 224-2709

    1 in this area

    9 Total Sales

    Jack McMahon
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 528909

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-43-023D

Arizona Yavapai County Cottonwood 86326 Cottonwood

101 S Main St, Cottonwood, AZ

Not Listed for Sale

Other

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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