NOT LISTED FOR SALE

Estimated Value: $693,000

0.63 Acre
$1,100,000 Price per Acre
27,443 Sq Ft Lot

Last Sold January 14, 2020

Last sale price $50,000

Est. 1,286% increase in value since last sale

Current estimated payment $3,884/month

70 Days on Market

Highlights

  • Mountain View
  • Oak Creek School Rated 9+
  • Corner Lot

About This Lot

As of January 2020

Incredible commercial property with over 400 feet of Cornville Road frontage. Next to the Post Office and Mercantiles in downtown historic Cornville this lot has unlimited potential. Located along the Verde Valley Wine Trail this location has heavy tourism traffic as well as daily commuter traffic! 0.63 acres of C2-10 Zoning (Commercial; General Sales and Services). Owner will carry with 30% down for 5 years at 6% interest. This location could be great for an office, auto repair shop, park and sale, UTV, ATV, bicycle rental location, restaurant, custom wine tasting room, multi unit vacation rental, and so much more. Great long term investment.

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 10/08/2019

Co-Listed By

Hunter Rauch

Chambers Realty Group License #SA646042000

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV Listed on: 10/08/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $486

Lot Details

  • 0.63 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned C2-10

Property Views

  • Mountain Views

Community Details

  • Commercial Only Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40714022e

Property Details

Property Type

Land

Est. Annual Taxes

$486

Lot Details

0

Listing Details

  • Legal Info Range: 04E
  • Property Type: Land
  • Topography: Level
  • Zoning: C2-10
  • Tax Year: 2018
  • Lot Size Acres: 0.63
  • Co List Office Mls Id: cham001
  • Co List Office Phone: 928-718-2020
  • Subdivision Name: Commercial Only
  • View:Mountain View(s): Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot
  • View: Mountain(s)
  • Other Structures: None

Lot Info

  • Lot Size Sq Ft: 27442.8
  • Parcel #: 40714022e

Tax Info

  • Tax Annual Amount: 486.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
May 29, 2019
Sold by
Cornville County Storage Llc
Bought by
Kingman Desert Vista Llc
Seller's Agent
Cris Ballard
Coldwell Banker Northland
Buyer's Agent
Hunter Rauch
Chambers Realty Group
List Price
$79,500
Sold Price
$40,000
Premium/Discount to List
-$39,500
-49.69%
Current Estimated Value
$693,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,000

Purchase Details

Closed on
Nov 21, 2006
Sold by
Cornville Country Storage Llc
Bought by
Cornville Country Storage Llc

Purchase Details

Closed on
Nov 14, 2005
Sold by
Rush Leon Page
Bought by
Cornville Country Storage Llc
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
Kingman Desert Vista Llc $40,000 Empire West Title Agency Llc
Cornville Country Storage Llc -- None Available
Cornville Country Storage Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2020 01/14/20 Sold $50,000 -23.1% --
12/17/2019 12/17/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $65,000 +62.5% --
06/04/2019 06/04/19 Sold $40,000 -49.7% -- View Prior Sale
06/03/2019 06/03/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $79,500 -- --
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 $2,990 -- -- --
2024 $2,873 $58,217 -- --
2023 $2,873 $8,437 $8,437 $0
2022 $509 $8,521 $8,521 $0
2021 $523 $8,521 $8,521 $0
2020 $514 $0 $0 $0
2019 $505 $0 $0 $0
2018 $486 $0 $0 $0
2017 $466 $0 $0 $0
2016 $454 $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: 521246

Arizona Regional Multiple Listing Service (ARMLS)

APN: 407-14-022E