NOT LISTED FOR SALE

Estimated Value: $484,043

3.07 Acres
$157,669 Price per Acre
133,729 Sq Ft Lot

Last Sold November 26, 2012

Last sale price $299,000

Est. 62% increase in value since last sale

Current estimated payment $3,030/month

1,813 Days on Market

Highlights

  • Views of Red Rock
  • 3.07 Acre Lot
  • Corner Lot

About This Lot

As of November 2012

The property has just been foreclosed; the price has been drastically reduced to $2.24 per sq. ft. The property is centrally located along Cove Parkway just east of the Cottonwood Towne Center (Safeway shopping center). It is an ideal location for the development of offices, retail, or healthcare facilities. A buyer could also subdivide the property into lots as an extension of the Cottonwood Cove Subdivision. This is one of the prime commercial land investments available in the Cottonwood area.

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 12/07/2007

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV Listed on: 12/07/2007

Property Details

Property Type

  • Land

Lot Details

  • 3.07 Acre Lot
  • Corner Lot
  • Property is zoned C-1

Property Views

  • Red Rock
  • Mountain

Community Details

  • Commercial Only Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40604034G

Property Details

Property Type

Land

Lot Details

3.07 Acres

Listing Details

  • Legal Info Range: 03E
  • Property Type: Land
  • Topography: Gentle Sloping, Level
  • Zoning: C-1
  • Tax Year: 2011
  • Lot Size Acres: 3.07
  • Subdivision Name: Commercial Only
  • View:Mountain View(s): Yes
  • View Red RocksBoulders: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot
  • View: Mountain(s), Red Rocks/Boulders
  • Other Structures: None

Utilities

  • Water Source: City Franchise

Lot Info

  • Lot Size: 387x239x484x283
  • Lot Size Sq Ft: 133729.2
  • Parcel #: 40604034G

Tax Info

  • Tax Annual Amount: 9136.0
  • Tax Lot: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2019
Sold by
One Cove Parkway Llc
Bought by
Groseta Ranches Llc
Current Estimated Value
$484,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$175,146
Interest Rate
3.8%
Mortgage Type
Commercial
Estimated Equity
$298,247

Purchase Details

Closed on
Nov 7, 2013
Sold by
Haskell Mark
Bought by
One Cove Parkway Llc

Purchase Details

Listed on
Dec 7, 2007
Closed on
Nov 14, 2012
Sold by
Dhb Real Estate Llc
Bought by
Haskell Mark
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$1,069,834
Sold Price
$299,000
Premium/Discount to List
-$770,834
-72.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%

Purchase Details

Closed on
Mar 23, 2012
Sold by
River Park Cottonwood Llc
Bought by
Dhb Real Estate Llc

Purchase Details

Closed on
Nov 23, 2004
Sold by
Miller Bros Llc
Bought by
River Park Cottonwood Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2000
Sold by
Miller Bros
Bought by
Miller Bros Llc
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
Groseta Ranches Llc $300,000 Yavapai Title
One Cove Parkway Llc -- First American Title Ins Co
Haskell Mark $299,900 Pioneer Title Agency
Dhb Real Estate Llc $256,452 First American Title
River Park Cottonwood Llc $690,000 First American Title Ins
Miller Bros Llc -- --
Miller Bros Llc $62,314 --
Miller Bros Llc $43,440 --
Miller Bros Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groseta Ranches Llc $200,000
Previous Owner River Park Cottonwood Llc $345,000
Closed River Park Cottonwood Llc $590,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2012 11/26/12 Sold $299,000 -72.1% --
11/23/2012 11/23/12 Pending -- -- --
12/07/2007 12/07/07 For Sale $1,069,834 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 117054

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-04-034G

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