NOT LISTED FOR SALE

Estimated Value: $530,000 - $686,000

-- Bed
-- Bath
2,784 Sq Ft
$208/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $309,000 $111 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,133/month

30 Days on Market

Highlights

  • Evaporated cooling system
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Cottonwood Elementary School Rated 10
  • Carpet

About This Home

As of July 2019

Rare opportunity to own an income producer in Old Town Cottonwood. 3 bedroom, 2 bath with plenty of off-street parking and yards for each unit. New appliances, big kitchens. On city water, sewer and natural gas. Live in one and rent the other or rent them both for a nice return on your investment. Walk to Old Town. Each unit has its own laundry! Everything you need for an affordable lifestyle in a great Northern Arizona community that offers restaurants, bars, wine tasting , antique shops and The Verde River all within walking distance of this duplex.

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 06/14/2019

Last Buyer's Agent

Toni Holtzman

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,316

Year Built

  • Built in 1988

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Carpet

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Hopkins Rch 1 3 Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 40638131

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,316

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Year Built: 1988
  • Tax Year: 2018
  • Subdivision Name: Hopkins Rch 1 - 3
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: Disposal, Dishwasher, Refrigerator
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Ceiling Fan(s), Evaporative Cooling
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter, City Franchise
  • Heating:Natural Gas: Yes

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes

Lot Info

  • Parcel #: 40638131

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1316.0
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jul 22, 2019
Sold by
Godsey Austin C and Godsey Lynne D
Bought by
Cottonwood Rental Properties Llc
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Toni Holtzman
Coldwell Banker Realty
List Price
$310,000
Sold Price
$309,000
Premium/Discount to List
-$1,000
-0.32%
Current Estimated Value
$578,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,275
Avg. Annual Appreciation
10.48%

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jul 16, 2019
Sold by
Carney Tempe Llc
Bought by
Godsey Austin C and Godsey Lynne D
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Toni Holtzman
Coldwell Banker Realty
List Price
$310,000
Sold Price
$309,000
Premium/Discount to List
-$1,000
-0.32%

Purchase Details

Listed on
Jun 29, 2017
Closed on
Jul 27, 2017
Sold by
Green Todd and Green Mary Anne
Bought by
Carmey Trmoe Llc
Seller's Agent
Thomas Garrow
Coldwell Banker Realty
Buyer's Agent
Thomas Garrow
Coldwell Banker Realty
List Price
$259,000
Sold Price
$260,000
Premium/Discount to List
$1,000
0.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
Original Mortgage
$120,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 29, 2017
Closed on
Jul 25, 2017
Sold by
Heidt Bonny L and The Hedit Revocable Trust
Bought by
Green Todd and Green Mary Anne
Seller's Agent
Thomas Garrow
Coldwell Banker Realty
Buyer's Agent
Thomas Garrow
Coldwell Banker Realty
List Price
$259,000
Sold Price
$260,000
Premium/Discount to List
$1,000
0.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2015
Sold by
Heldt Bonny L
Bought by
Heldt Bonny L and The Heidt Revocable Trust

Purchase Details

Closed on
Sep 2, 2004
Sold by
Allen John Henry
Bought by
Heidt Jeffry L and Heidt Bonny L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
6%
Mortgage Type
New Conventional
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
Cottonwood Rental Properties Llc -- Pioneer Title Agency
Godsey Austin C $309,000 Pioneer Title Agency
Carmey Trmoe Llc -- Accommodation
Green Todd $260,000 Yavapai Title
Heldt Bonny L -- Stewart Title & Trust Sedona
Heidt Jeffry L $179,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Todd $120,000
Previous Owner Heidt Jeffry L $143,200
Closed Heidt Jeffry L $17,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2019 07/19/19 Sold $309,000 -0.3% $111 / Sq Ft
07/14/2019 07/14/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $310,000 +19.2% $111 / Sq Ft
08/01/2017 08/01/17 Sold $260,000 +0.4% $93 / Sq Ft View Prior Sale
08/01/2017 08/01/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $259,000 -- $93 / 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 $1,210 $48,004 -- --
2024 $1,187 $49,479 -- --
2023 $1,187 $33,643 $5,006 $28,637
2022 $1,311 $28,661 $4,002 $24,659
2021 $1,384 $25,977 $2,730 $23,247
2020 $1,374 $0 $0 $0
2019 $1,363 $0 $0 $0
2018 $1,316 $0 $0 $0
2017 $1,265 $0 $0 $0
2016 $1,239 $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: 520119

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-38-131