NOT LISTED FOR SALE

9774 E Cornville Rd Cornville, AZ 86325

Estimated Value: $663,000 - $671,267

Studio
5 Baths
2,912 Sq Ft
$229/Sq Ft Est. Value

Sale Details

Date Sold: December 5, 2019

Last sale price $450,000 $155 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,933 / mo

445 Days on Market

Highlights

  • Attached Garage
  • Ceiling Fan
  • 4-minute walk to Windmill Park
  • Central Air
  • Heating System Uses Propane

About This Home

As of December 2019

4 established rental units in 2 duplexes, one built in 1998 & one in 2002, each w/two 1 bed/1 bath apartments with modern kitchens, full baths, laundry, carport & storage locker. All surrounded by ditch irrigated green pastures, on property zoned for horses, mature trees, a pond & extensive wildlife. Adjacent property is the community park where Oak Creek runs year 'round. Owner states zoning would allow up to 6-7 residences. An owner could live in the one unit & oversee rental duplexes as long term OR vacation rentals.

Last Agent to Sell the Property

Jacqueline Weems

Russ Lyon Sotheby's International Realty Brokerage Phone: 928-254-9548 License #SA114786000 Listed on: 08/12/2018

Russ Lyon Sotheby's International Realty

Co-Listed By

Jolynn Greenfield

Russ Lyon Sotheby's International Realty Brokerage Phone: 928-254-9548 License #BR044410000

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 2002

Parking

  • Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan

Utilities

  • Central Air
  • Heating System Uses Propane
  • Separate Meters
  • Shared Well
  • Well
  • Septic Tank

Community Details

  • 2 Buildings
  • 4 Units
  • Under 5 Acres Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 40712010m

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,500

Year Built

Built in 2002

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R2-10
  • Number Of Buildings: 2
  • Year Built: 2002
  • Tax Year: 2017
  • Co List Office Mls Id: lyon23
  • Co List Office Phone: 928-282-5966
  • Subdivision Name: Under 5 Acres
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source Shared Well2: Yes
  • Water Source Domestic Well2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Parking Features:Attached: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Propane
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter, Shared Well, Domestic Well
  • Sewer Septic Tank: Yes
  • Heating:Propane: Yes

Association/Amenities

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

Lot Info

  • Parcel #: 40712010m

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2500.0
  • Tax Lot: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2018
Closed on
Oct 30, 2019
Sold by
Bought by
Seller's Agent
Jacqueline Weems
Russ Lyon Sotheby's International Realty
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$500,000
Sold Price
$450,000
Premium/Discount to List
-$50,000
-10%
Current Estimated Value
$667,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,134
Avg. Annual Appreciation
6.21%
Original Mortgage
$337,500
Outstanding Balance
$293,326
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$373,808
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$450,000 Yavapai Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $337,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/05/2019 12/05/19 Sold $450,000 -10.0% $155 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
08/12/2018 08/12/18 For Sale $500,000 -- $172 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2027 $3,959 $69,630 -- --
2026 $3,798 $67,418 -- --
2024 $3,664 $67,834 -- --
2023 $3,664 $49,442 $0 $0
2022 $3,603 $38,948 $5,727 $33,221
2021 $3,704 $38,046 $6,194 $31,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 517279

Arizona Regional Multiple Listing Service (ARMLS)

APN: 407-12-010M

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