NOT LISTED FOR SALE

Estimated Value: $686,592 - $721,000

-- Bed
-- Bath
3,982 Sq Ft
$178/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $520,000 $131 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,794/month

9 Days on Market

Highlights

  • Cooling Available
  • Cottonwood Elementary School Rated 10
  • Carpet

About This Home

As of January 2021

Strong rental income for this well maintained Cottonwood 4-plex. Will be sold only as a package with the 4-plex across the street at 1059 S 13th St. unless 1059 S 13th St (MLS#525078) has already been sold or is in escrow. SELLER CARRYBACK FINANCING is available to a qualified Borrower. All units have A/C and include their own laundry rooms. Private individual covered rear yard patios are separated by wooden dividers. .24 acre lot includes low maintenance decorative rock landscaping, a few mature shrubs and perimeter wood fencing. There are also individual private storage units to the rear of the property. 2 parking spaces are provided for each unit in the front of the building. Membrane roof with elastomeric coating. The owners pay water, sewer and trash collection. Strong rental income for this well maintained Cottonwood 4-plex. Will be sold only as a package with the 4-plex across the street at 1059 S 13th St. unless 1059 S 13th St (MLS# 184165) has already been sold or is in escrow. SELLER CARRYBACK FINANCING is available to a qualified Borrower. All units have A/C and include their own laundry rooms. Private individual covered rear yard patios are separated by wooden dividers. .24 acre lot includes low maintenance decorative rock landscaping, a few mature shrubs and perimeter wood fencing. There are also individual private storage units to the rear of the property. 2 parking spaces are provided for each unit in the front of the building. Membrane roof with elastomeric coating. The owners pay water, sewer and trash collection.

Last Agent to Sell the Property

Susan Weitzman

Linton Real Estate, LLC License #BR006602000 Listed on: 12/27/2020

Last Buyer's Agent

Susan Weitzman

Linton Real Estate, LLC License #BR006602000 Listed on: 12/27/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,209

Year Built

  • Built in 1974

Home Design

  • Block Exterior

Flooring

  • Carpet
  • Vinyl

Utilities

  • Cooling Available

Community Details

  • 4 Units
  • Five Star Hgt Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 40606226

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,209

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: MF
  • Number Of Buildings: 1
  • Year Built: 1974
  • Tax Year: 2020
  • Subdivision Name: Five Star Hgt
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Type: Block
  • Roof: Other
  • Construction:Block: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Other
  • Cooling Y N: Yes
  • Water Source: Individual Meter, City Franchise
  • Main Cooling Other: Yes

Association/Amenities

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

Lot Info

  • Parcel #: 40606226

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1209.0
  • Tax Lot: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2020
Closed on
Jan 19, 2021
Sold by
Loomis Ruth F and Loomis William F
Bought by
Shank You Llc
Seller's Agent
Susan Weitzman
Linton Real Estate, LLC
Buyer's Agent
Susan Weitzman
Linton Real Estate, LLC
List Price
$520,000
Sold Price
$520,000
Current Estimated Value
$707,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,398
Avg. Annual Appreciation
6.44%
Original Mortgage
$468,000
Outstanding Balance
$417,397
Interest Rate
2.67%
Mortgage Type
Commercial
Estimated Equity
$290,001

Purchase Details

Closed on
Feb 20, 2020
Sold by
Loomis William F and Loomis Ruth F
Bought by
Loomis Ruth F and Loomis William F

Purchase Details

Closed on
Dec 18, 1997
Sold by
Pirtle Thomas Wayne and Jacobs Laveda
Bought by
Pirtle Thomas Wayne

Purchase Details

Closed on
May 26, 1994
Sold by
Hamm Archy
Bought by
Jacobs Lona Laveda

Purchase Details

Closed on
May 17, 1994
Sold by
Hamm Leslie J
Bought by
Jacobs Lona La Veda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shank You Llc $520,000 Empire West Title Agency
Loomis Ruth F -- None Available
Pirtle Thomas Wayne -- --
Jacobs Lona Laveda -- --
Jacobs Lona La Veda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shank You Llc $468,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2021 01/27/21 Sold $520,000 0.0% $131 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
12/27/2020 12/27/20 For Sale $520,000 -- $131 / 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 $1,181 $43,067 -- --
2024 $1,154 -- -- --
2023 $1,160 $49,959 $5,301 $44,658
2022 $1,154 $39,652 $4,281 $35,371
2021 $1,218 $39,404 $4,477 $34,927
2020 $1,209 $0 $0 $0
2019 $1,200 $0 $0 $0
2018 $1,158 $0 $0 $0
2017 $1,114 $0 $0 $0
2016 $1,091 $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: 525075

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-06-226