NOT LISTED FOR SALE

Rimrock, AZ 86335

Lake Montezuma Neighborhood

Estimated Value: $301,060 - $360,000

Studio
-- Bath
2,016 Sq Ft
$163/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $132,500 $66 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $1,858/month

17 Days on Market

Highlights

  • Attached Garage
  • Ceiling Fan
  • Heating System Uses Propane
  • Evaporated cooling system

About This Home

As of February 2016

Fantastic investment opportunity on this well maintained duplex. See the SPDS for record of the upgrades and replaced fixtures. These units are both under lease with happy tenants. Great corner location, low maintenance landscaping. Tile floors throughout Unit B. Tile and Laminate flooring in Unit A. All appliances including washer and dryer are in place.

Last Agent to Sell the Property

Debra Riley

Beaver Creek Realty Listed on: 02/01/2016

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,118

Year Built

  • Built in 1994

Parking

  • Attached Garage

Home Design

  • Wood Frame Construction
  • Foam Roof

Interior Spaces

  • Ceiling Fan

Utilities

  • Evaporated cooling system
  • Heating System Uses Propane
  • Private Water Source
  • Septic Tank

Community Details

  • 2 Units
  • Building Dimensions are 75x51x59.59x122x94.94
  • Montezuma Man Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 40506602b

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,118

Year Built

Built in 1994

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R2-3
  • Number Of Buildings: 1
  • Year Built: 1994
  • Tax Year: 2015
  • Subdivision Name: Montezuma Man
  • Cooling:Ceiling Fan(s): Yes
  • Construction:Wood Frame: Yes
  • Water Source Private14: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Foam, Rolled/Hot Mop

Garage/Parking

  • Parking Features: Other, Attached
  • Attached Garage: Yes
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Ceiling Fan(s), Evaporative Cooling
  • Heating: Propane
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private
  • Sewer Septic Tank: Yes
  • Heating:Propane: Yes

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes

Lot Info

  • Lot Size: 75x51x59.59x122x94.94
  • Parcel #: 40506602b

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1118.0
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2024
Sold by
Finn Family Revocable Trust
Bought by
Juliann Finn Family Trust
Current Estimated Value
$329,515

Purchase Details

Listed on
Feb 1, 2016
Closed on
Feb 9, 2016
Sold by
Olsen Norman R and Olsen Sharon A
Bought by
The Finn Family Revocable Trust
Seller's Agent
Debra Riley
Beaver Creek Realty
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$135,500
Sold Price
$132,500
Premium/Discount to List
-$3,000
-2.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%

Purchase Details

Closed on
May 22, 2003
Sold by
Olsen Norman R and Olsen Sharon A
Bought by
Olsen Norman R and Olsen Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,250
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 1998
Sold by
Olsen Sharon A
Bought by
Olsen Sharon A and The Sharon A Olsen Family Trus

Purchase Details

Closed on
Aug 23, 1994
Sold by
Kraus Timothy J and Kraus Barbara R
Bought by
Olsen Norman R and Olsen Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
8.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 1994
Sold by
Heller William A and Heller Edwin J
Bought by
Kraus Timothy J and Kraus Barbara R
Source: Public Records
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Juliann Finn Family Trust -- None Listed On Document
The Finn Family Revocable Trust $132,500 Yavapai Title
Olsen Norman R -- Yavapai Title
Olsen Norman R -- First American Title Ins Co
Olsen Norman R -- First American Title Ins Co
Olsen Sharon A -- --
Olsen Norman R $115,000 First American Title Insuran
Kraus Timothy J $20,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olsen Norman R $98,250
Previous Owner Olsen Norman R $103,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2016 02/29/16 Sold $132,500 -2.2% $66 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $135,500 -- $67 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,317 $26,699 -- --
2024 $1,276 $26,473 -- --
2023 $1,276 $21,765 $0 $0
2022 $1,324 $15,208 $2,552 $12,656
2021 $1,182 $14,829 $2,541 $12,288
2020 $1,151 $0 $0 $0
2019 $1,132 $0 $0 $0
2018 $1,093 $0 $0 $0
2017 $1,218 $0 $0 $0
2016 $1,177 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Debra Riley

    Beaver Creek Realty

    Section Image

  • H

    Buyer's Agent in 2016

    Historical Agent - SVV

    Historical Listings - SVV

See All Agents

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 509118

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-06-602B

Arizona Yavapai County Rimrock 86335

Lake Montezuma

Not Listed for Sale

MultiFamily

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.

Arizona Regional Multiple Listing Service (ARMLS) 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.