Seller's Agent in 2019
Esther Talbert
Yavapai Realty
(928) 254-0525
15 in this area
70 Total Sales
Estimated Value: $667,000 - $1,060,000
Studio
--
Bath
2,511
Sq Ft
$316/Sq Ft
Est. Value
Highlights
- Attached Garage
- Heating system powered by solar not connected to the grid
- Ceiling Fan
- Cottonwood Elementary School Rated 10
- Central Air
- Concrete Flooring
About This Home
As of February 2019TRIPLEX LEED PLATINUM MULTI-INCOME PROPERTY ~ Gateway to Historic Old Town Cottonwood, 685 N Main St Cottonwood AZ. Built in 2013, and completed in 2014. Fully leased with one and 2 year leases. Flexible PAD zoning allows for various buyer intended uses, to include Office, Small Retail and or /Residential. Presently all the units are leased to residential tenants. Walk to shops, in old town Cottonwood. Very central and convenient location. This total electric complex has very reasonable utilities with conservation utilization, each unit has its own inverter with solar generation credit, city sewer and water, low maintenance landscaped grounds, and common areas serve for additional paved parking for guests. Very low maintenance building, Anderson windows, reflective quality long life roofing (green building materials used.) Year 2018 5% cap rate. 2019 Projected 6.5% Cap Rate with current Lease income. HERS Rating, 26! Certified Green Building meeting the highest designation possible, (Leed Platinum). This modern architectural design built with Green materials and energy efficiency is a commodity that is rarely found in the Sedona-Verde Valley market place!
Last Agent to Sell the Property
Yavapai Realty License #BR009721000 Listed on: 12/12/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,616
Year Built
- Built in 2013
Parking
- Attached Garage
Home Design
- Wood Frame Construction
- Metal Roof
- Block Exterior
Flooring
- Carpet
- Concrete
- Vinyl
Utilities
- Central Air
- Heating Available
- Master Water Meter
Additional Features
- Ceiling Fan
- Heating system powered by solar not connected to the grid
Community Details
- 3 Units
- Building Dimensions are Refer to Survey Plat Documents
- Hopkins Rch 1 3 Subdivision
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 40638127c
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 20, 2020
Sold by
Green Light Estates Llc
Bought by
Rivera Raymond John
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,672
Interest Rate
2.7%
Mortgage Type
FHA
Purchase Details
Listed on
Dec 12, 2018
Closed on
Feb 27, 2019
Sold by
Fitzgerald Edward John and Fitzgerald Dorothea
Bought by
Green Light Estates Llc
Seller's Agent
Esther Talbert
Yavapai Realty
Buyer's Agent
Evan Richards
Realty ONE Group Mountain Desert
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Purchase Details
Listed on
Dec 12, 2018
Closed on
Jan 23, 2019
Sold by
Candlewood Green Llc
Bought by
Fitzgerald Edward John and Fitzgerald Dorothea
Seller's Agent
Esther Talbert
Yavapai Realty
Buyer's Agent
Evan Richards
Realty ONE Group Mountain Desert
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Purchase Details
Closed on
May 13, 2013
Sold by
Radoccia Reynold P and Radoccia Andrea Mcshane
Bought by
Candlewood Green Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.5%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 9, 2012
Sold by
National Bank Of Arizona
Bought by
Adoccia Reynold P R and Radoccia Andrea Mcshane
Purchase Details
Closed on
Jan 9, 2007
Sold by
Brownell Steve and Brownell Jules
Bought by
First American Title Insurance Co
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,300
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rivera Raymond John | $515,000 | Yavapai Title | |
| Green Light Estates Llc | -- | None Available | |
| Fitzgerald Edward John | $485,000 | Lawyers Title Cottonwood | |
| Candlewood Green Llc | -- | Yavapai Title Agency Prescot | |
| Adoccia Reynold P R | $65,000 | Pioneer Title | |
| First American Title Insurance Co | -- | First American Title Ins | |
| Brownell Steve | -- | First American Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rivera Raymond John | $505,672 | |
| Previous Owner | Candlewood Green Llc | $300,000 | |
| Previous Owner | Brownell Steve | $168,300 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/15/2019 02/15/19 | Sold | $485,000 | -2.8% | $193 / Sq Ft |
| 01/10/2019 01/10/19 | Pending | -- | -- | -- |
| 12/12/2018 12/12/18 | For Sale | $499,000 | -- | $199 / 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 | $2,010 | $50,080 | -- | -- |
| 2024 | $1,973 | $49,618 | -- | -- |
| 2023 | $1,973 | $34,689 | $4,717 | $29,972 |
| 2022 | $1,964 | $29,715 | $3,603 | $26,112 |
| 2021 | $2,073 | $27,638 | $2,404 | $25,234 |
| 2020 | $2,058 | $0 | $0 | $0 |
| 2019 | $1,656 | $0 | $0 | $0 |
| 2018 | $1,616 | $0 | $0 | $0 |
| 2017 | $1,610 | $0 | $0 | $0 |
| 2016 | $1,598 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Esther Talbert
-
Evan Richards
Buyer's Agent in 2019
Evan Richards
Realty ONE Group Mountain Desert
(928) 821-3472
3 in this area
36 Total Sales
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 518418
APN: 406-38-127C
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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