NOT LISTED FOR SALE
-- Bed
-- Bath
3,884 Sq Ft
1997 Built

Last Sold January 09, 2012

Last sale price $123,500 $32 Per Sq Ft

187 Days on Market

Highlights

  • Concrete Flooring
  • Cottonwood Elementary School Rated 10
  • 4-minute walk to Cottonwood Parks & Recreation

About This Home

As of January 2012

SMALL BUSINESS OPPORTUNITY within 1 block of the Cottonwood Airport. Right in the heart of the Industrial/Commercial section of Cottonwood you'll find 3 structures. Building 1 is a steel pre-fab structure containing 2080 square feet, reception foyer, 2 offices, break room, 2 parts rooms, kitchenette and a very large work area. Building 2 is a 2 bedroom, 1 bathroom and is in poor condition. Building 3 is a 2 bedroom, 1 bathroom house in fair condition. Regarding the two houses, they are being sold as-is, where-as in their present condition. All three sit on a hard to find +- 1.4 acre lot. Now is the time to jump on a fantastic opportunity. Zoning is I-2 Heavy Industrial. Acceptable uses are warehouses, outdoor storage, wrecking yards, heavy equipment co... (see supplement for full remarks) SMALL BUSINESS OPPORTUNITY within 1 block of the Cottonwood Airport. Right in the heart of the Industrial/Commercial section of Cottonwood you'll find 3 structures. Building 1 is a steel pre-fab structure containing 2080 square feet, reception foyer, 2 offices, break room, 2 parts rooms, kitchenette and a very large work area. Building 2 is a 2 bedroom, 1 bathroom and is in poor condition. Building 3 is a 2 bedroom, 1 bathroom house in fair condition. Regarding the two houses, they are being sold as-is, where-as in their present condition. All three sit on a hard to find +- 1.4 acre lot. Now is the time to jump on a fantastic opportunity. Zoning is I-2 Heavy Industrial. Acceptable uses are warehouses, outdoor storage, wrecking yards, heavy equipment construction yards, industrial and manufacturing establishments. A multitude of conditional uses would be acceptable.Potential buyers to verify all data including zoning, & intended use with the City of Cottonwood.Buyer pays to De-Winteriz

Last Agent to Sell the Property

Scott Donham

Donham Real Estate License #BR529861000 Listed on: 07/01/2011

Last Buyer's Agent

Scott Donham

Donham Real Estate License #BR529861000 Listed on: 07/01/2011

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,466

Year Built

  • Built in 1997

Home Design

  • 3,884 Sq Ft Home
  • Wood Frame Construction
  • Metal Roof
  • Metal Siding

Flooring

  • Carpet
  • Concrete
  • Vinyl

Additional Features

  • Property is zoned I-2
  • 220 Volts

Community Details

  • 3 Buildings
  • Under 5 Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40633014G

Property Details

Property Type

Other

Est. Annual Taxes

$2,466

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: I-2
  • Number Of Buildings: 3
  • Year Built: 1997
  • Tax Year: 2011
  • Subdivision Name: Under 5 Acres
  • Electric 220: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Living Area: 3884.0

Exterior Features

  • Construction Type: Wood Frame, Metal Siding
  • Roof: Metal, Rolled/Hot Mop
  • Construction:Metal: Yes
  • Construction:Frame - Wood2: Yes

Utilities

  • Electric: 220 Volts
  • Water Source: City Franchise

Lot Info

  • Parcel #: 40633014G

Tax Info

  • Tax Annual Amount: 2465.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2011
Closed on
Dec 27, 2011
Sold by
Jpmorgan Chase Bank Na
Bought by
Arizona Bug Company Llc
Seller's Agent
Scott Donham
Donham Real Estate
Buyer's Agent
Scott Donham
Donham Real Estate
List Price
$229,900
Sold Price
$123,500
Premium/Discount to List
-$106,400
-46.28%

Purchase Details

Closed on
Feb 17, 2011
Sold by
Adobe Refrigeration Inc
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Dec 14, 2006
Sold by
Millam Gary B and Watson Tonya L
Bought by
Adobe Refrigeration Inc

Purchase Details

Closed on
Oct 18, 2005
Sold by
Millam Gary B and Watson Tonya L
Bought by
Millam Gary B and Watson Tonya L

Purchase Details

Closed on
Jun 19, 2003
Sold by
Whittaker Brenda Lee
Bought by
Millam Gary B and Watson Tonya L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
5.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 22, 2003
Sold by
Whittaker Brenda L
Bought by
Revocable Living Tr Brenda L Whittaker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
5.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 21, 2003
Sold by
Whittaker Brenda L
Bought by
Whittaker Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 1997
Sold by
Whittaker Brenda Lee
Bought by
Revocable Living Tr Brenda L Whittaker

Purchase Details

Closed on
Dec 4, 1995
Sold by
Dykhuis Arthur J and Dykhuis Jeffrey D
Bought by
Whittaker Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,130
Interest Rate
7.47%
Mortgage Type
Assumption
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
Arizona Bug Company Llc $123,500 Security Title Agency
Jpmorgan Chase Bank Na $157,920 None Available
Adobe Refrigeration Inc $470,000 First American Title Ins
Millam Gary B -- --
Millam Gary B $256,300 Chicago Title Insurance Co
Revocable Living Tr Brenda L Whittaker -- --
Whittaker Brenda L -- Yavapai Title Agency
Revocable Living Tr Brenda L Whittaker -- --
Whittaker Brenda $90,130 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Millam Gary B $138,000
Previous Owner Whittaker Brenda L $125,000
Previous Owner Whittaker Brenda $75,130
Closed Millam Gary B $106,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2012 01/09/12 Sold $123,500 -46.3% $32 / Sq Ft
01/04/2012 01/04/12 Pending -- -- --
07/01/2011 07/01/11 For Sale $229,900 -- $59 / 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 $2,676 -- -- --
2024 $2,680 -- -- --
2023 $2,680 $79,559 $27,644 $51,915
2022 $2,587 $50,355 $6,316 $44,039
2021 $2,722 $45,695 $7,494 $38,201
2020 $2,755 $0 $0 $0
2019 $2,657 $0 $0 $0
2018 $2,596 $0 $0 $0
2017 $2,386 $0 $0 $0
2016 $2,379 $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: 130417

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-33-014G