NOT LISTED FOR SALE

Estimated Value: $807,000 - $917,000

-- Bed
-- Bath
4,884 Sq Ft
$177/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $657,000 $135 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,921/month

35 Days on Market

Highlights

  • Central Air
  • Ceiling Fan
  • Heating Available
  • Clarkdale-Jerome Elementary School Rated A-
  • Carpet

About This Home

As of June 2021

Fantastic investment opportunity! Super close to Old Town Cottonwood and Clarkdale. 2 covered parking spaces per unit with additional guest parking. Each unit has a private exterior storage closet. All appliances convey; including washer/dryer in each unit. Unit 1 is 1,610 sqft with a huge loft and gas fireplace. This was originally designed as an ''Owners living quarters''. Units 2,3,4 are all identical 2 bed 2 bath spacious floor plans with 2 closets in the Master and large kitchens. Walk out patios on all 4 units with expansive views of Mingus Mountain. Mature ponderosa pine trees. This property has it's own private well so there is NO WATER BILL! Minimal landscape and maintenance on this one! Adjacent vacant 1/2 acre lot also available with plans for another 4-plex (MLS#526441)

Last Agent to Sell the Property

Tim Allen

Realty ONE Group Mountain Desert License #SA682816000 Listed on: 05/13/2021

Realty ONE Group Mountain Desert

Last Buyer's Agent

Tim Allen

Realty ONE Group Mountain Desert License #SA682816000 Listed on: 05/13/2021

Realty ONE Group Mountain Desert

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,162

Year Built

  • Built in 2002

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Metal Roof

Interior Spaces

  • Ceiling Fan
  • Carpet

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter
  • Shared Well
  • Well
  • Septic Tank

Community Details

  • 4 Units
  • Under 5 Acres Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 40623005f

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,162

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 1
  • Year Built: 2002
  • Tax Year: 2020
  • 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: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Composition, Metal

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No

Utilities

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

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:PatioBalcony: Yes

Lot Info

  • Parcel #: 40623005f

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3162.0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2022
Sold by
First American Title Insurance Company S
Bought by
Trust 7060
Current Estimated Value
$862,667

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 11, 2021
Sold by
Atweel Thomas Leland and Anderson Atweel Christine
Bought by
Dinsmore Darin
Seller's Agent
Tim Allen
Realty ONE Group Mountain Desert
Buyer's Agent
Tim Allen
Realty ONE Group Mountain Desert
List Price
$595,000
Sold Price
$657,000
Premium/Discount to List
$62,000
10.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$468,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2006
Sold by
Metcalf Dana E and Metcalf Bridgette V
Bought by
Atwell Thomas Leland and Anderson Atwell Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2005
Sold by
Metcalf Dane E and Metcalf Brigette V
Bought by
Metcalf Dane E and Metcalf Brigette

Purchase Details

Closed on
Feb 28, 2005
Sold by
Warner Kirk A and Warner Barbara D
Bought by
Metcalf Dana E and Metcalf Brigette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2003
Sold by
Warner Stephen R and Warner Merri E
Bought by
Warner Kirk A and Warner Barbara D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,200
Interest Rate
8.49%
Mortgage Type
New Conventional
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
Trust 7060 -- First American Title
Dinsmore Darin $677,000 Pioneer Title Agency Inc
Atwell Thomas Leland $575,000 Arizona Title Agency Inc
Metcalf Dane E -- Transnation Title
Metcalf Dane E -- Transnation Title
Metcalf Dana E $425,000 Transnation Title
Warner Kirk A -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dinsmore Darin $468,750
Previous Owner Atwell Thomas Leland $360,000
Previous Owner Metcalf Dana E $340,000
Previous Owner Warner Kirk A $300,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2021 06/23/21 Sold $657,000 +10.4% $135 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $595,000 -- $122 / 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 $4,816 $93,887 -- --
2024 $4,717 $83,065 -- --
2023 $4,717 $60,323 $0 $0
2022 $2,775 $56,017 $3,302 $52,715
2021 $3,232 $53,070 $3,847 $49,223
2020 $3,162 $0 $0 $0
2019 $3,097 $0 $0 $0
2018 $2,963 $0 $0 $0
2017 $2,856 $0 $0 $0
2016 $2,772 $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: 526440

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-23-005F