NOT LISTED FOR SALE

Estimated Value: $889,128

Studio
-- Bath
4,988 Sq Ft
$178/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $900,000 $180 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,199/month

Highlights

  • Central Air
  • Cottonwood Elementary School Rated 10
  • Heating Available

About This Home

As of July 2024

Located on State Route 89A just west of Main St and east of 12th St in Cottonwood, AZ. The property is designed as a 4988 sf office building. Paved parking spaces number 29, one of which is reserved as a handicapped space. There are two restrooms, a break room, a conference room, storage, and numerous offices. There is also a drive-through. The interior could be easily reconfigured as the building was designed with exterior wall support. Perfect for office or medical use. There is also a new sewer tap on the property. This property is also available to lease for $19 SF, NNN. MLS # 532671

Last Agent to Sell the Property

Susan Weitzman

Linton Real Estate, LLC License #BR006602000 Listed on: 07/03/2024

Last Buyer's Agent

Susan Weitzman

Linton Real Estate, LLC License #BR006602000 Listed on: 07/03/2024

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,838

Year Built

  • Built in 1985

Lot Details

  • Property is zoned C-2

Home Design

  • 4,988 Sq Ft Home
  • Wood Frame Construction
  • Stucco

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Community Details

  • Building Dimensions are 214.48 x 145.15 x 221.22 x 113.20
  • Commercial Only Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40606022e

Property Details

Property Type

Other

Est. Annual Taxes

$6,838

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2022
  • Subdivision Name: Commercial Only
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Living Area: 4988.0

Exterior Features

  • Construction Type: Wood Frame, Stucco
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Utilities

  • Electric: 3 Phase Power
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • 3 Phase Power: Yes

Lot Info

  • Lot Size: 214.48 x 145.15 x 221.22 x 113.20
  • Parcel #: 40606022e

Tax Info

  • Tax Annual Amount: 6838.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Jun 24, 2024
Sold by
Feldman & Feldman Investments Llc
Bought by
1250 Az89 Llc
Seller's Agent
Susan Weitzman
Linton Real Estate, LLC
Buyer's Agent
Susan Weitzman
Linton Real Estate, LLC
List Price
$996,000
Sold Price
$900,000
Premium/Discount to List
-$96,000
-9.64%
Current Estimated Value
$889,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,872
Avg. Annual Appreciation
-0.80%
Original Mortgage
$600,000
Outstanding Balance
$592,343
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$296,785

Purchase Details

Closed on
Jul 19, 2002
Sold by
Feldman & Feldman Investments Ltd Partne
Bought by
Feldman & Feldman Investments Llc
Source: Public Records
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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
1250 Az89 Llc $900,000 Pioneer Title
Feldman & Feldman Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1250 Az89 Llc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2024 07/03/24 For Sale $996,000 +10.7% $200 / Sq Ft
07/01/2024 07/01/24 Sold $900,000 -- $180 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
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 $6,599 -- -- --
2024 $6,675 -- -- --
2023 $6,675 $113,665 $29,248 $84,417
2022 $6,838 $91,042 $32,235 $58,807
2021 $7,425 $77,117 $32,235 $44,882
2020 $7,369 $0 $0 $0
2019 $7,311 $0 $0 $0
2018 $7,060 $0 $0 $0
2017 $6,787 $0 $0 $0
2016 $7,087 $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: 536528

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-06-022E