Seller's Agent in 2021
Rose Ortiz
Coldwell Banker Realty
(928) 282-4666
12 in this area
47 Total Sales
Studio
--
Bath
5,508
Sq Ft
1977
Built
Highlights
- Cooling Available
- Carpet
- Heating System Uses Natural Gas
- Cottonwood Elementary School Rated 10
About This Home
As of July 2021This facility is in a very high traffic part of town! It has had a full modernization project which has added a significant amount of square footage.
Four decades of success and family history. An important part of the local community, this restaurant serves up great food and great memories for locals and tourists alike! Great opportunity to walk in with established customer base or change to a completely different offering. Location, location!
Last Agent to Sell the Property
Coldwell Banker Realty License #SA043379000 Listed on: 07/12/2021
Property Details
Property Type
- Other
Est. Annual Taxes
- $5,972
Year Built
- Built in 1977
Lot Details
- Property is zoned C-2
Home Design
- 5,508 Sq Ft Home
Flooring
- Carpet
- Vinyl
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- 220 Volts
Community Details
- Building Dimensions are Parcels 406-06-022B & 406-06-020C
- Commercial Only Subdivision
Listing and Financial Details
- Assessor Parcel Number 40606022b
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2021
Closed on
Jun 30, 2021
Sold by
Varela Elvira and The 1998 Varela Family Trust
Bought by
Vig Cottonwood Llc
Seller's Agent
Rose Ortiz
Coldwell Banker Realty
Buyer's Agent
Rose Ortiz
Coldwell Banker Realty
List Price
$999,500
Sold Price
$750,000
Premium/Discount to List
-$249,500
-24.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$499,040
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 22, 2010
Sold by
Alexander Carole
Bought by
Varela Elvira and 1998 Varela Family Trust
Purchase Details
Closed on
Sep 25, 2007
Sold by
Ortiz Rose M
Bought by
Shah Siddharth
Purchase Details
Closed on
Jan 8, 2007
Sold by
Varela Elvira
Bought by
Ortiz Rose M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.1%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 8, 1998
Sold by
Varela Marcelino F and Varela Elvira
Bought by
Varela Marcelino F and Varela Elvira
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 |
|---|---|---|---|
| Vig Cottonwood Llc | $750,000 | Yavapai Title | |
| Varela Elvira | -- | None Available | |
| Shah Siddharth | $821,000 | Capital Title Agency | |
| Ortiz Rose M | $800,000 | Yavapai Title Agency Inc | |
| Varela Marcelino F | -- | -- | |
| Varela Marcelino F | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vig Cottonwood Llc | $550,000 | |
| Previous Owner | Ortiz Rose M | $720,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/12/2021 07/12/21 | For Sale | $999,500 | +33.3% | $181 / Sq Ft |
| 07/09/2021 07/09/21 | Sold | $750,000 | -- | $136 / Sq Ft |
| 05/01/2021 05/01/21 | Pending | -- | -- | -- |
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 | $4,735 | -- | -- | -- |
| 2024 | $4,789 | -- | -- | -- |
| 2023 | $4,789 | $99,227 | $20,450 | $78,777 |
| 2022 | $4,906 | $89,278 | $23,805 | $65,473 |
| 2021 | $5,328 | $72,451 | $23,805 | $48,646 |
| 2020 | $5,288 | $0 | $0 | $0 |
| 2019 | $5,246 | $0 | $0 | $0 |
| 2018 | $5,065 | $0 | $0 | $0 |
| 2017 | $4,870 | $0 | $0 | $0 |
| 2016 | $5,138 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rose Ortiz
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 509988
APN: 406-06-022B
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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