NOT LISTED FOR SALE

Rimrock, AZ 86335

Lake Montezuma Neighborhood

Estimated Value: $728,000

-- Bed
-- Bath
2,100 Sq Ft
$347/Sq Ft Est. Value

Last Sold January 11, 2023

Last sale price $505,000 $240 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,025/month

47 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • 3-minute walk to Rollins Park
  • Ceiling Fan
  • Heating Available

About This Home

As of January 2023

Very nice quad plex in a quiet neighborhood. All units have private fenced in back yards and storage units. Well maintained over the years. All units have been rented to the same tenants for long periods of time very low turnover rate. This is a great investment opportunity. Sellers are selling an additional 4 plex and duplex. Possible package deal available for all 10 units. Sale includes parcel 405-06-089b. Seller holds an active real estate license in Arizona.

Last Agent to Sell the Property

Jason Riley

Beaver Creek Realty License #BR677004000 Listed on: 11/03/2022

Last Buyer's Agent

Leslie Yardley

Coldwell Banker Realty License #BR554548000

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,577

Year Built

  • Built in 1995

Home Design

  • Wood Frame Construction

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Utilities

  • Cooling Available
  • Heating Available
  • Private Water Source
  • Septic Tank

Community Details

  • 4 Units
  • Montez Pk 1 11 Subdivision

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 40506090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,577

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R2-3
  • Year Built: 1995
  • Tax Year: 2022
  • Subdivision Name: Montez Pk 1 - 11
  • Cooling:Ceiling Fan(s): Yes
  • Construction:Wood Frame: Yes
  • Water Source Private14: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Refrigerator
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Rolled/Hot Mop

Utilities

  • Cooling: Ceiling Fan(s), Other
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Main Cooling Other: Yes

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes

Lot Info

  • Parcel #: 40506090

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2577.0
  • Tax Lot: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Jan 4, 2023
Sold by
Triple J Living Trust
Bought by
Croce Family Trust
Seller's Agent
Jason Riley
Beaver Creek Realty
Buyer's Agent
Leslie Yardley
Coldwell Banker Realty
List Price
$499,000
Sold Price
$505,000
Premium/Discount to List
$6,000
1.2%
Views
44
Current Estimated Value
$728,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,000
Avg. Annual Appreciation
13.85%
Original Mortgage
$230,000
Outstanding Balance
$27,816
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$700,184

Purchase Details

Closed on
May 4, 2015
Sold by
Gobeil Normand P and Gobeil Betty J
Bought by
Triple J Living Trust and Gobeil Betty J

Purchase Details

Closed on
Mar 14, 2003
Sold by
Pace Michael A and Pace Julie D
Bought by
Gobeil Normand P and Gobeil Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 1998
Sold by
Pace Michael A and Pace Julie D
Bought by
Pace Michael A and Pace Julie D

Purchase Details

Closed on
Jul 21, 1997
Sold by
Blue Gregory A
Bought by
Pace Michael A and Pace Julie D

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
7.49%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 12, 1996
Sold by
Warren Richard B
Bought by
Kraus Timothy J and Kraus Barbara R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,250
Interest Rate
7.82%

Purchase Details

Closed on
Feb 8, 1996
Sold by
Blue Gregory A
Bought by
Laboube Van C Dale

Purchase Details

Closed on
Jun 8, 1994
Sold by
Boyd David E and Boyd Margaret Jean
Bought by
Blue Gregory A
Source: Public Records

Range of Values:

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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
Croce Family Trust $505,000 Stewart Title & Trust Of Phoen
Triple J Living Trust -- None Available
Gobeil Normand P $250,000 Transnation Title Insurance
Pace Michael A $107,437 Capital Title Agency
Pace Michael A $225,000 Capital Title Agency
Kraus Timothy J $15,000 First American Title Ins
Kraus Timothy L $15,000 First American Title Ins
Laboube Van C Dale $80,000 First American Title Ins
Blue Gregory A $10,500 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Croce Family Trust $230,000
Previous Owner Gobeil Normand P $225,000
Previous Owner Pace Michael A $125,000
Previous Owner Kraus Timothy L $11,250
Closed Pace Michael A $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2023 01/11/23 Sold $505,000 +1.2% $240 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $499,000 -- $238 / 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 $2,563 $48,648 -- --
2024 $2,482 $48,455 -- --
2023 $2,482 $40,884 $0 $0
2022 $2,577 $26,411 $612 $25,799
2021 $2,463 $26,112 $739 $25,373
2020 $2,402 $0 $0 $0
2019 $2,362 $0 $0 $0
2018 $2,284 $0 $0 $0
2017 $2,525 $0 $0 $0
2016 $2,442 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Riley

    Seller's Agent in 2023

    Jason Riley

    Beaver Creek Realty

    (928) 567-7448

    86 in this area

    110 Total Sales

    Jason Riley
    Section Image
  • Leslie Yardley

    Buyer's Agent in 2023

    Leslie Yardley

    Coldwell Banker Realty

    (928) 821-2105

    7 in this area

    73 Total Sales

    Leslie Yardley
    Section Image
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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 531683

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-06-090

Arizona Yavapai County Rimrock 86335

Lake Montezuma

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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