Seller's Agent in 2025
Rick Wesselhoff
Coldwell Banker Realty
(928) 301-2622
6 in this area
237 Total Sales
--
Bed
--
Bath
3,498
Sq Ft
1973
Built
Highlights
- Central Air
- Ceiling Fan
- Heating System Uses Natural Gas
- Cottonwood Elementary School Rated 10
- Carpet
About This Home
As of April 2025Turnkey 4-plex investment opportunity for this single level multi family unit in the heart of Cottonwood. Fully rented 4-plex offers steady rental income with a strong cash flow and long term potential. Each of the four single level units feature 2 bedrooms, 1 bathroom, private fenced backyard and are currently leased/leasing for $1,350-$1450 per month. Prime Cottonwood location close to shopping, dining, schools and outdoor recreation. This is a solid investment in a growing market with strong rental demand.
Last Agent to Sell the Property
Coldwell Banker Realty License #BR529981000 Listed on: 02/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,286
Year Built
- Built in 1973
Home Design
- Block Exterior
Interior Spaces
- Ceiling Fan
Flooring
- Carpet
- Vinyl
Utilities
- Central Air
- Heating System Uses Natural Gas
- Master Water Meter
Community Details
- 4 Units
- Five Star Hgt Subdivision
Listing and Financial Details
- Tax Lot 37
- Assessor Parcel Number 40606227
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2025
Closed on
Apr 9, 2025
Sold by
Shank You Llc
Bought by
Hong Nuong
Seller's Agent
Rick Wesselhoff
Coldwell Banker Realty
Buyer's Agent
Chad McMahan
Realty ONE Group Mountain Desert
List Price
$690,000
Sold Price
$686,000
Premium/Discount to List
-$4,000
-0.58%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,925
Avg. Annual Appreciation
4.47%
Original Mortgage
$514,500
Outstanding Balance
$512,207
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$195,718
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
$499,000
Sold Price
$499,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$449,100
Interest Rate
2.6%
Mortgage Type
Commercial
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
Oct 31, 2010
Sold by
Allen Frank E and Allen Deanna R
Bought by
Willis Dick E and Willis Linda E
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $686,000 | Yavapai Title Agency | |
| Warranty Deed | $499,000 | Empire West Title Agency Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed In Lieu Of Foreclosure | -- | Lawyers Title Of Arizona Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $514,500 | New Conventional | |
| Previous Owner | $449,100 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/16/2025 04/16/25 | Sold | $686,000 | -0.6% | $196 / Sq Ft | |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- | |
| 02/10/2025 02/10/25 | For Sale | $690,000 | +38.3% | $197 / Sq Ft | |
| 01/27/2021 01/27/21 | Sold | $499,000 | 0.0% | $143 / Sq Ft | View Prior Sale |
| 01/05/2021 01/05/21 | Pending | -- | -- | -- | |
| 12/27/2020 12/27/20 | For Sale | $499,000 | -- | $143 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,286 | $42,859 | -- | -- |
| 2024 | $1,263 | $43,709 | -- | -- |
| 2023 | $1,263 | $33,550 | $3,534 | $30,016 |
| 2022 | $1,256 | $26,144 | $2,854 | $23,290 |
| 2021 | $1,327 | $25,310 | $2,985 | $22,325 |
| 2020 | $1,317 | $0 | $0 | $0 |
| 2019 | $1,306 | $0 | $0 | $0 |
| 2018 | $1,261 | $0 | $0 | $0 |
| 2017 | $1,213 | $0 | $0 | $0 |
| 2016 | $1,190 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Wesselhoff
-
Karen Dunlap
Seller Co-Listing Agent in 2025
Karen Dunlap
Coldwell Banker Realty
(928) 300-1757
6 in this area
236 Total Sales
-
Chad McMahan
Buyer's Agent in 2025
Chad McMahan
Realty ONE Group Mountain Desert
(928) 300-9449
12 in this area
109 Total Sales
-
Susan Weitzman
Seller's Agent in 2021
Susan Weitzman
Linton Real Estate, LLC
(928) 699-3499
7 in this area
88 Total Sales
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 538225
APN: 406-06-227
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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