NOT LISTED FOR SALE

Estimated Value: $757,331 - $960,000

-- Bed
-- Bath
2,282 Sq Ft
$387/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $875,000 $383 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,872/month

9 Days on Market

Highlights

  • Central Air
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Cottonwood Elementary School Rated 10
  • Carpet

About This Home

As of April 2022

Great investment opportunity in the heart of Cottonwood. A total of four units all two bedroom, two bath, with single car garage. Clean units in a great location! Adjacent property with an addition four units also for sale.

Last Agent to Sell the Property

Ashley Cook

Coldwell Banker Northland Brokerage Email: info@cwbanker.com License #SA700550000 Listed on: 04/07/2022

Coldwell Banker Northland

Last Buyer's Agent

Angelo Davis

RE/MAX Sedona License #BR626225000

RE/MAX Sedona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,874

Year Built

  • Built in 2003

Parking

  • Automatic Garage Door Opener

Home Design

  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Carpet

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Valley Vue 1 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40642253e

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,874

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Year Built: 2003
  • Tax Year: 2021
  • Subdivision Name: Valley Vue 1 - 2
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: Disposal, Dishwasher, Refrigerator, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Parking Features Auto Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Lot Info

  • Parcel #: 40642253e

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2874.0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Verde Plaza Apartments
Bought by
Verde Plaza Associates
Current Estimated Value
$882,110

Purchase Details

Closed on
May 18, 2023
Sold by
Verde Plaza Apartments and Verde Plaza Associates
Bought by
Verde Plaza Associates

Purchase Details

Listed on
Apr 7, 2022
Closed on
Apr 27, 2022
Sold by
Adams Family 880 882 Ash Street Llc
Bought by
Gateway 880-882 Realty Llc
Seller's Agent
Ashley Cook
Coldwell Banker Northland
Buyer's Agent
Angelo Davis
RE/MAX Sedona
List Price
$895,000
Sold Price
$875,000
Premium/Discount to List
-$20,000
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.23%

Purchase Details

Closed on
Dec 23, 2019
Sold by
Adams Steven M and Adams Genevieve E
Bought by
Adams Family 880 882 Ash Street Llc

Purchase Details

Closed on
Sep 1, 2004
Sold by
Steven Adams Family Lp
Bought by
Adams Steven M and Adams Genevieve E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2003
Sold by
Steven Adams Family Lp
Bought by
Stevens Family Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.89%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 12, 2003
Sold by
Adams Steven M and Adams Genevieve E
Bought by
Steven Adams Family Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.89%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 18, 2001
Sold by
Campbell Hogue & Associates Inc
Bought by
Adams Steven M and Adams Genevieve E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Verde Plaza Associates -- --
Verde Plaza Associates -- --
Gateway 880-882 Realty Llc $875,000 Yavapai Title Agency
Adams Family 880 882 Ash Street Llc -- None Available
Adams Steven M -- Chicago Title Ins Co
Stevens Family Lp -- Chicago Title Insurance Comp
Steven Adams Family Lp -- Chicago Title Ins Co
Adams Steven M $75,000 Yavapai Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Steven M $250,000
Previous Owner Steven Adams Family Lp $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $875,000 -2.2% $383 / Sq Ft
04/16/2022 04/16/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $895,000 -- $392 / 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 $2,787 $82,129 -- --
2024 $2,736 $87,341 -- --
2023 $2,736 $61,337 $4,263 $57,074
2022 $2,723 $52,390 $2,951 $49,439
2021 $2,874 $51,476 $3,567 $47,909
2020 $2,853 $0 $0 $0
2019 $2,830 $0 $0 $0
2018 $2,733 $0 $0 $0
2017 $2,628 $0 $0 $0
2016 $2,573 $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: 529613

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-42-253E