NOT LISTED FOR SALE

Cottonwood, AZ 86326

Cottonwood Neighborhood

Estimated Value: $524,689

2.6 Acres
$201,803 Price per Acre
113,256 Sq Ft Lot

Last Sold December 28, 2020

Last sale price $390,000

Est. 35% increase in value since last sale

Current estimated payment $3,054/month

160 Days on Market

Highlights

  • Panoramic View
  • 2.6 Acre Lot
  • Partially Fenced Property
  • Cottonwood Elementary School Rated 10
  • Corner Lot
  • 3-minute walk to Cottonwood Kids Park

About This Lot

As of December 2020

This is a level corner parcel zoned C-1 with 596' frontage on E. Cherry Street and 190' frontage on S. 12th Street. It was originally part of the old Valley Drive-In Theatre...the concrete foundation for the screen still sits on the property! There is easy access to Highway 89A and South Main Street. There are apartments to the north and commercial and office uses across Cherry Street to the south. Verde Valley Fairgrounds is located across 12th Street to the west. The Department of Economic Security is on Cherry Street to the east. The Department of Motor Vehicles is on 12th Street to the south. The property would make an excellent apartment site, or could be divided into commercial lots. A developer had planned to build 56 apartments on the site, but the sale fell out due to financing.

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 07/21/2020

Last Buyer's Agent

James Cecil

Realty ONE Group Mountain Desert

Realty ONE Group Mountain Desert

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,744

Lot Details

  • 2.6 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Property is zoned C-1

Property Views

  • Panoramic
  • Mountain

Community Details

  • Commercial Only Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40642094v

Property Details

Property Type

Land

Est. Annual Taxes

$3,744

Lot Details

0

Listing Details

  • Legal Info Range: 03E
  • Property Type: Land
  • Topography: Level
  • Zoning: C-1
  • Tax Year: 2019
  • Lot Size Acres: 2.6
  • Subdivision Name: Commercial Only
  • View:Mountain View(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Chain Link, Partial
  • Lot Features: Corner Lot
  • View: Mountain(s), Panoramic
  • Other Structures: None
  • View:Panoramic: Yes

Utilities

  • Water Source: City Franchise

Lot Info

  • Lot Size: 596x190
  • Lot Size Sq Ft: 113256.0
  • Parcel #: 40642094v

Tax Info

  • Tax Annual Amount: 3744.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2022
Sold by
Maddox Properties Llc
Bought by
San Cipriano Townhomes Llc
Current Estimated Value
$524,689

Purchase Details

Listed on
Jul 21, 2020
Closed on
Dec 28, 2020
Sold by
Cherry & 12Th Ne Llc
Bought by
Maddox Properties Llc
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
James Cecil
Realty ONE Group Mountain Desert
List Price
$450,000
Sold Price
$390,000
Premium/Discount to List
-$60,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%

Purchase Details

Listed on
Dec 11, 2007
Closed on
Dec 21, 2012
Sold by
Dhb Real Estate Llc
Bought by
Cherry & 12Th Ne Llc
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$906,048
Sold Price
$225,000
Premium/Discount to List
-$681,048
-75.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%

Purchase Details

Closed on
Mar 23, 2012
Sold by
Miller Bros Llc
Bought by
Dhb Real Estate Llc

Purchase Details

Closed on
Nov 20, 2002
Sold by
R C Morgensen Lp
Bought by
Miller Bros Llc

Purchase Details

Closed on
Jun 28, 2001
Sold by
Morgensen John D and Maples Lorna J
Bought by
R C Morgensen Ltd Partnership

Purchase Details

Closed on
Jun 8, 2001
Sold by
Morgensen Family Trust
Bought by
Morgensen John D and Maples Lorna J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
San Cipriano Townhomes Llc -- --
Maddox Properties Llc $390,000 Thomas Title And Escrow
Cherry & 12Th Ne Llc $225,000 None Available
Dhb Real Estate Llc $191,321 First American Title
Miller Bros Llc $396,000 First American Title Ins Co
R C Morgensen Ltd Partnership $225,000 --
Morgensen John D -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2020 12/28/20 Sold $390,000 -13.3% --
12/28/2020 12/28/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $450,000 +100.0% --
12/28/2012 12/28/12 Sold $225,000 -75.2% -- View Prior Sale
12/28/2012 12/28/12 Pending -- -- --
12/11/2007 12/11/07 For Sale $906,048 -- --
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 $3,686 -- -- --
2024 $3,619 -- -- --
2023 $3,619 $59,776 $59,776 $0
2022 $3,601 $51,577 $51,577 $0
2021 $3,802 $51,577 $51,577 $0
2020 $3,773 $0 $0 $0
2019 $3,744 $0 $0 $0
2018 $3,615 $0 $0 $0
2017 $3,649 $0 $0 $0
2016 $3,752 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Historical Agent - SVV

    Historical Listings - SVV

  • J

    Buyer's Agent in 2020

    James Cecil

    Realty ONE Group Mountain Desert

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 504253

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-42-094V

Arizona Yavapai County Cottonwood 86326

Cottonwood

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

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