NOT LISTED FOR SALE

Estimated Value: $750,408

-- Bed
-- Bath
2,295 Sq Ft
$327/Sq Ft Est. Value

Last Sold January 19, 2021

Last sale price $565,000 $246 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,023/month

334 Days on Market

Highlights

  • Carpet
  • Cottonwood Elementary School Rated 10
  • Heating System Uses Natural Gas

About This Home

As of January 2021

Seller Financing Available. Excellent location in Old Town Historic Cottonwood. Old-fashioned shopping district lined with charming, historic art galleries, shops & cafes. Remodeled building located in perfect location across from main parking lot. Previous seller remodeled flooring, Paint, Roof, LED lighting, ceiling, Awning in 2018. Excellent location. Ready for your retail, restaurant, gallery, office, etc. Possibilities are endless. Back entrance for deliveries.

Last Agent to Sell the Property

Rob Schabatka

RE/MAX Sedona License #BR030865000 Listed on: 02/19/2020

RE/MAX Sedona

Co-Listed By

Ricky Schabatka

RE/MAX Sedona License #SA560971000

Last Buyer's Agent

Taylor Coleman- Underwood

RE/MAX Sedona License #SA682595000

RE/MAX Sedona

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,259

Year Built

  • Built in 1963

Home Design

  • Block Exterior

Interior Spaces

  • 2,295 Sq Ft Home
  • Carpet

Additional Features

  • Property is zoned C-1
  • Heating System Uses Natural Gas

Community Details

  • Commercial Only Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 40634038

Property Details

Property Type

Other

Est. Annual Taxes

$1,259

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Year Built: 1963
  • Tax Year: 2019
  • Co List Office Mls Id: rmxs01
  • Co List Office Phone: 928-282-4166
  • Subdivision Name: Commercial Only
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet
  • Living Area: 2295.0

Exterior Features

  • Construction Type: Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Utilities

  • Electric: Individual Meter
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Natural Gas: Yes

Lot Info

  • Parcel #: 40634038

Tax Info

  • Tax Annual Amount: 1259.0
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2020
Closed on
Dec 10, 2020
Sold by
Otg Main Street Llc
Bought by
Dmn Facilitation Llc
Seller's Agent
Rob Schabatka
RE/MAX Sedona
Buyer's Agent
Taylor Coleman- Underwood
RE/MAX Sedona
List Price
$650,000
Sold Price
$565,000
Premium/Discount to List
-$85,000
-13.08%
Current Estimated Value
$750,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,408
Avg. Annual Appreciation
6.08%
Original Mortgage
$475,000
Outstanding Balance
$422,967
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$326,236

Purchase Details

Listed on
Aug 3, 2017
Closed on
Jan 23, 2018
Sold by
Coleman Larry and Coleman Teri
Bought by
Otg Main Street Llc
Seller's Agent
Rob Schabatka
RE/MAX Sedona
Buyer's Agent
Rob Schabatka
RE/MAX Sedona
List Price
$635,000
Sold Price
$561,000
Premium/Discount to List
-$74,000
-11.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.24%
Original Mortgage
$300,000
Interest Rate
3.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 29, 2015
Sold by
Remmler Thomas E and Remmler Sharon R
Bought by
Coleman Larry and Coleman Teri

Purchase Details

Closed on
Jul 1, 2008
Sold by
Kayjo Development Llc
Bought by
Remmier Thomas E and Remmier Sharon R

Purchase Details

Closed on
Jan 30, 2004
Sold by
Raney Ernest R and Raney Francis Marion
Bought by
Kayjo Development Llc

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
5.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 31, 2002
Sold by
Behmer Robert R and Behmer Gail M
Bought by
Behmer Robert R and Behmer Gail M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dmn Facilitation Llc $565,000 Pioneer Title Agency
Otg Main Street Llc $561,000 Yavapai Title
Coleman Larry $400,000 Stewart Title & Trust Sedona
Remmier Thomas E $255,000 Transnation Title Ins Co
Kayjo Development Llc $250,000 Yavapai Title Agency
Behmer Robert R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dmn Facilitation Llc $475,000
Previous Owner Otg Main Street Llc $300,000
Previous Owner Kayjo Development Llc $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2021 01/19/21 Sold $565,000 -13.1% $246 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
02/19/2020 02/19/20 For Sale $650,000 +15.9% $283 / Sq Ft
01/24/2018 01/24/18 Sold $561,000 -11.7% $244 / Sq Ft View Prior Sale
01/23/2018 01/23/18 Pending -- -- --
08/03/2017 08/03/17 For Sale $635,000 -- $277 / 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 $1,137 -- -- --
2024 $1,150 -- -- --
2023 $1,150 $41,541 $19,563 $21,978
2022 $1,178 $37,577 $19,642 $17,935
2021 $1,279 $31,174 $17,856 $13,318
2020 $1,269 $0 $0 $0
2019 $1,259 $0 $0 $0
2018 $1,216 $0 $0 $0
2017 $1,169 $0 $0 $0
2016 $1,182 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 522366

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-34-038