NOT LISTED FOR SALE

Estimated Value: $98,000 - $227,000

0.87 Acre
$186,782 Price per Acre
37,897 Sq Ft Lot

Last Sold April 07, 2021

Last sale price $80,000

Est. 103% increase in value since last sale

Current estimated payment $860/month

17 Days on Market

Highlights

  • Barn
  • Stables
  • Mountain View
  • Cottonwood Elementary School Rated 10
  • 0.87 Acre Lot
  • Property is near a preserve or public land

About This Lot

As of April 2021

Fantastic opportunity to live on a Nature Preserve in Cottonwood amongst majestic trees within short walk to the Verde River! Enjoy wildlife and bird watching. Unique and rare offering for this .87 acre parcel (4 contiguous lots sold together)! City water, underground utilities, Natural Gas are available. Truly a hidden gem in the Verde Valley at a great price!

Last Agent to Sell the Property

Katrin Themlitz

Russ Lyon Sotheby's International Realty License #SA547754000 Listed on: 03/20/2021

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Katrin Themlitz

Russ Lyon Sotheby's International Realty License #SA547754000 Listed on: 03/20/2021

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $442

Lot Details

  • 0.87 Acre Lot
  • Partially Fenced Property
  • Property is zoned R1-L10

Property Views

  • Mountain
  • Desert

Additional Features

  • Barn
  • Stables

Community Details

  • Verde Village Unit 5 Subdivision
  • Property is near a preserve or public land

Property Details

Property Type

Land

Est. Annual Taxes

$442

Lot Details

0

Listing Details

  • Property Type: Land
  • Topography: Gentle Sloping, Level
  • Zoning: R1-L10
  • Tax Year: 2020
  • Lot Size Acres: 0.87
  • Subdivision Name: Verde Village Unit 5
  • View:Mountain View(s): Yes
  • View:Desert: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None, Partial
  • Lot Features: Borders Pres/Pub Lnd
  • View: Mountain(s), Desert
  • Other Structures: None, Stable(s), Barn(s)

Utilities

  • Water Source: City Franchise

Lot Info

  • Lot Size Sq Ft: 37897.2

Tax Info

  • Tax Annual Amount: 442.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2021
Closed on
Apr 1, 2021
Sold by
Fridley-Roemer 1999 Revocable Trust
Bought by
Flaaten Anna Kirsten
Seller's Agent
Katrin Themlitz
Russ Lyon Sotheby's International Realty
Buyer's Agent
Katrin Themlitz
Russ Lyon Sotheby's International Realty
List Price
$90,000
Sold Price
$80,000
Premium/Discount to List
-$10,000
-11.11%
Current Estimated Value
$162,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,500
Avg. Annual Appreciation
15.91%

Purchase Details

Closed on
Mar 20, 2019
Sold by
Red Tag Properties Llc
Bought by
Fridley Claude Randall and Fridley Linda S

Purchase Details

Closed on
Jun 14, 2007
Sold by
Grigaitis Holly
Bought by
Red Tag Properties Llc

Purchase Details

Closed on
Apr 1, 2003
Sold by
Clooten Duane and Clooten Janell
Bought by
Grigaitis Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
5.73%
Mortgage Type
Seller Take Back
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

Date Buyer Sale Price Title Company
Flaaten Anna Kirsten -- Stewart Title & Trust Of Phoen
Flaaten Anna Kirsten $80,000 Stewart Title & Trust Sedona
Fridley Claude Randall $36,000 Pioneer Title Agency
Red Tag Properties Llc -- None Available
Grigaitis Holly $45,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grigaitis Holly $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2021 04/07/21 Sold $80,000 -11.1% --
04/06/2021 04/06/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $90,000 -- --
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 $231 -- -- --
2024 $222 -- -- --
2023 $222 $3,792 $3,792 $0
2022 $219 $2,787 $2,787 $0
2021 $225 $3,291 $3,291 $0
2020 $221 $0 $0 $0
2019 $217 $0 $0 $0
2018 $209 $0 $0 $0
2017 $206 $0 $0 $0
2016 $285 $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: 525865

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-47-568