NOT LISTED FOR SALE

Estimated Value: $258,782 - $400,000

-- Bed
-- Bath
1,305 Sq Ft
$265/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $217,000 $166 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,933/month

33 Days on Market

Highlights

  • Evaporated cooling system
  • Ceiling Fan
  • Carpet

About This Home

As of January 2020

This property provides a great investment opportunity. Live in one unit and rent the other and the garage or rent them all and build additional units. Unit A has been recently renovated with new paint and flooring. Both units have space for washers and dryers. The location is great, within walking distance to restaurants and shops. Unit A is vacant to accommodate showings but would rent for $650. Unit B is rented for $500 on a month to month basis. Unit C is a garage that is rented month to month for $300. There is an approximate $183,196.19 assumable loan. The payment is $1136.54 at 5% interest. CTM is apx. $54,077. The R2-4 allows for 4 units.

Last Agent to Sell the Property

Susan Weitzman

Linton Real Estate, LLC License #BR006602000 Listed on: 11/25/2019

Last Buyer's Agent

Anastasia Satras

Realty ONE Group Mountain Desert License #SA529930000

Realty ONE Group Mountain Desert

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,336

Year Built

  • Built in 1969

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Vinyl

Additional Features

  • Ceiling Fan
  • Evaporated cooling system

Community Details

  • 3 Buildings
  • 2 Units
  • Cp Vrd Twp 1 15 Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 40422071a

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,336

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R2-4
  • Number Of Buildings: 3
  • Year Built: 1969
  • Tax Year: 2019
  • Subdivision Name: Cp Vrd Twp 1 - 15
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Composition

Utilities

  • Cooling: Ceiling Fan(s), Evaporative Cooling
  • Cooling Y N: Yes

Association/Amenities

  • Exterior Amenities:Fenced3: Yes

Lot Info

  • Parcel #: 40422071a

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1336.0
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2019
Closed on
Jan 7, 2020
Sold by
David James W and David Jacki
Bought by
Drotzmann Douglas L and Drotzmann Lauralie A
Seller's Agent
Susan Weitzman
Linton Real Estate, LLC
Buyer's Agent
Anastasia Satras
Realty ONE Group Mountain Desert
List Price
$237,273
Sold Price
$217,000
Premium/Discount to List
-$20,273
-8.54%
Current Estimated Value
$345,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,917
Avg. Annual Appreciation
8.38%
Original Mortgage
$38,000
Outstanding Balance
$33,575
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$311,621

Purchase Details

Closed on
Dec 7, 2016
Sold by
Davis James William
Bought by
Davis James W and Davis Jacki

Purchase Details

Closed on
May 25, 2006
Sold by
Pugh Helen A and Helen A Pugh Revocable Living
Bought by
Davis James William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 9, 1998
Sold by
Pugh Helen A
Bought by
Pugh Helen A and Helen A Pugh Family Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.05%

Purchase Details

Closed on
Jan 27, 1998
Sold by
Pugh Helen A and Helen A Pugh Family Revocable
Bought by
Pugh Helen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.05%

Purchase Details

Closed on
Apr 2, 1997
Sold by
Guzy Timothy J
Bought by
Pugh Helen 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
Drotzmann Douglas L $217,000 Yavapai Title
Davis James W -- None Available
Davis James William $240,000 Yavapai Title Agency Inc
Pugh Helen A -- --
Pugh Helen A -- Chicago Title Insurance Co
Pugh Helen A $60,000 Westitle Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drotzmann Douglas L $38,000
Previous Owner Davis James William $230,000
Previous Owner Pugh Helen A $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2020 01/17/20 Sold $217,000 -8.5% $166 / Sq Ft
12/28/2019 12/28/19 Pending -- -- --
11/25/2019 11/25/19 For Sale $237,273 -- $182 / 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 $1,426 $20,926 -- --
2024 $1,408 $21,527 -- --
2023 $1,408 $16,733 $2,602 $14,131
2022 $1,358 $12,822 $1,833 $10,989
2021 $1,383 $12,504 $1,757 $10,747
2020 $1,351 $0 $0 $0
2019 $1,336 $0 $0 $0
2018 $1,279 $0 $0 $0
2017 $1,259 $0 $0 $0
2016 $1,224 $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: 521710

Arizona Regional Multiple Listing Service (ARMLS)

APN: 404-22-071A