NOT LISTED FOR SALE
Studio
-- Bath
2,606 Sq Ft
1978 Built

Last Sold November 05, 2024

Last sale price $305,000 $117 Per Sq Ft

249 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Cottonwood Elementary School Rated 10
  • Concrete Flooring

About This Home

As of November 2024

If you've taken a stroll down Main St in Old Town Cottonwood, AZ, then you know the lure. With its mix of wine tasting rooms, diverse restaurants, artist galleries, and lodging, Old Town has become a state-wide and regional premiere destination for tourists and locals alike. Just as you begin to enter Old Town from 89A, there is an unmistakable property that embodies everything about Old Town in one eclectic offering. Over .50 acres fronting N. Main St, this property offers gathering/private event space with green space as its back-drop, ripe for redevelopment or make use of the car wash bays for automotive uses or storage, and plenty of improved land for an ATV rental, boat rental, tour bus location, RV park, boutique hotel, etc. Consisting of five parcels encompassing over a half acre fronting Main St, this real estate opportunity comes with true flexibility. Make use of the spacious area for any commercial or mixed use endeavor. Curbs, gutters, storm drains, and sidewalks - all site
improvements are in place. Broker can provide buyer with a full description of previous use (s) and operations as well as a new restaurant owner of the adjacent property to create strong synergies. With Cottonwood now flourishing (Merkin Vineyards new stunning multi-million dollar vineyard /winery /tasting room/restaurant/gelateria now OPEN just two blocks away), and with Sedona pricing many users out of the market as they try to keep pace with the flurries of annual tourists, this is the most sensible real estate to plant your investment money for present and future value. See the vision, take the tour, and make it your reality.

Last Agent to Sell the Property

Howard McBride

Coldwell Banker Northland Listed on: 02/01/2024

Coldwell Banker Northland

Co-Listed By

Rebecca McBride

Coldwell Banker Northland License #BR560248000

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,125

Year Built

  • Built in 1978

Lot Details

  • Property is zoned C-1

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Concrete

Utilities

  • Cooling System Mounted To A Wall/Window
  • 220 Volts
  • Master Water Meter

Community Details

  • 3 Buildings
  • New Old Town Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40638025a

Property Details

Property Type

Other

Est. Annual Taxes

$2,125

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Number Of Buildings: 3
  • Year Built: 1978
  • Tax Year: 2023
  • Co List Office Mls Id: DALS03
  • Co List Office Phone: 928-634-9536
  • Subdivision Name: New Old Town
  • Electric 220: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Concrete

Exterior Features

  • Construction Type: Wood Frame, Stucco, Block
  • Roof: Composition, Tile
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Utilities

  • Electric: 220 Volts, Master Meter
  • Cooling: Window/Wall Unit
  • Green Building Features: Physcl Chlgd (SRmks)
  • Cooling Y N: Yes
  • Water Source: City Franchise, Master Meter
  • Electric Master Meter: Yes

Lot Info

  • Parcel #: 40638025a

Tax Info

  • Tax Annual Amount: 2125.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Oct 29, 2024
Sold by
Dingo Properties Llc
Bought by
Square Holdings Llc
Seller's Agent
Howard McBride
Coldwell Banker Northland
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$495,000
Sold Price
$305,000
Premium/Discount to List
-$190,000
-38.38%

Purchase Details

Closed on
Jun 16, 2023
Sold by
Pender Enterprises Llc
Bought by
Dingo Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2014
Sold by
Mccormick Deborah J
Bought by
Mccormick Deborah J and Sutton Bradley S

Purchase Details

Closed on
Jun 30, 2014
Sold by
Sutton Bradley S and Mccormick Deborah J
Bought by
Mccormick Deborah J and Sutton Bradley S

Purchase Details

Closed on
Oct 13, 2010
Sold by
1992 The Callie M Colvin Survivors Trust
Bought by
Pender Enterprises Llc

Purchase Details

Closed on
Jul 25, 2001
Sold by
Savino Michael
Bought by
Davis Rachel

Purchase Details

Closed on
May 23, 2000
Sold by
Adrian Lorraine J
Bought by
The Lorraine Adrian Family Living Trust
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
Square Holdings Llc $305,000 Pioneer Title
Square Holdings Llc $305,000 Pioneer Title
Dingo Properties Llc $465,000 Yavapai Title
Mccormick Deborah J -- Accommodation
Mccormick Deborah J -- Lawyers Title
Pender Enterprises Llc $275,000 Lawyers Title
Davis Rachel -- Capital Title Agency
The Lorraine Adrian Family Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dingo Properties Llc $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2024 11/05/24 Sold $305,000 -38.4% $117 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $495,000 -- $190 / 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 $643 -- -- --
2024 $650 -- -- --
2023 $650 $10,773 $5,039 $5,734
2022 $666 $11,689 $6,546 $5,143
2021 $723 $9,416 $5,951 $3,465
2020 $718 $0 $0 $0
2019 $712 $0 $0 $0
2018 $688 $0 $0 $0
2017 $661 $0 $0 $0
2016 $647 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 534508

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-38-025A