NOT LISTED FOR SALE

Estimated Value: $395,614

2 Beds
1 Bath
997 Sq Ft
$397/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $391,000 $392 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,217/month

31 Days on Market

Highlights

  • Central Air
  • Carpet
  • Heat Pump System
  • Cottonwood Elementary School Rated 10

About This Home

As of April 2022

This is a rare commercial or multi-family development opportunity on a high traffic street in a growth area of the city of Cottonwood. Surrounding uses include the N. Arizona Healthcare campus (the area's largest employer), professional offices, 2 new gas stations, retail and multi-family housing. Multi-family (R-3 zoning district) is a permitted use in the C-1 zoning district and the maximum number of potential units on this parcel is estimated at 24 depending on parking, landscaping, open space, setbacks etc.. The land is level and has 2 curb cuts onto W. Mingus Avenue, which was recently upgraded to accommodate increased traffic volume, including sidewalks.
Please see documents attached for lists of possible uses, setbacks and parking requirements. Height limit is 2 1/2 stories.

Last Agent to Sell the Property

Pamala Drake

Coldwell Banker Realty License #SA630504000 Listed on: 03/05/2022

Coldwell Banker Realty

Co-Listed By

Andrew Brearley

Coldwell Banker Realty License #BR006410000

Last Buyer's Agent

Nisreen Hawley

Berkshire Hathaway HomeServices Arizona Properties License #SA516853000

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,445

Year Built

  • Built in 1962

Lot Details

  • Property is zoned C1, R3

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 997 Sq Ft Home
  • Carpet

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • 2 Buildings
  • Building Dimensions are Approx. 220,231,82,254
  • Under 5 Acres Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 40633010d

Property Details

Property Type

Other

Est. Annual Taxes

$2,445

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C1, R3
  • Number Of Buildings: 2
  • Year Built: 1962
  • Tax Year: 2021
  • Co List Office Mls Id: cbrb05
  • Co List Office Phone: 928-282-4666
  • Subdivision Name: Under 5 Acres
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet
  • Living Area: 997.0

Exterior Features

  • Construction Type: Wood Frame, Stucco
  • Roof: Composition
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Central Air, Heat Pump
  • Heating: Heat Pump
  • Green Building Features: Physcl Chlgd (SRmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size: Approx. 220,231,82,254
  • Parcel #: 40633010d

Tax Info

  • Tax Annual Amount: 2445.0
  • Tax Lot: 1

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

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $391,000 -8.9% $392 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $429,000 -- $430 / 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 $1,628 -- -- --
2024 $1,617 -- -- --
2023 $1,617 $31,962 $22,012 $9,950
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 528739

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-33-010D