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118 East Cottonwood Lane

118 East Cottonwood Lane, Phoenix, AZ 85048
Sold Apr 06, 2018
$268,000
$286,000 by Nova Financial & Investment Co
Mortgage Due Sep 01, 2051
Sold Mar 11, 2013
$185,500
$85,500 by Amerifirst Financial Inc
Mortgage Due Apr 01, 2043
118 East Cottonwood Lane in Phoenix, AZ was first built in 2000 and is 24 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 118 East Cottonwood Lane has 1,683 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,985 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of concrete. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. As for heating, the home is utilizing a heating system. The property was last sold in Mar 1, 2018 for $268,000. That's $159.24 per sqft. Prior to that sales transaction, the property was also sold in Dec 19, 2012 for $185,500. 118 East Cottonwood Lane was last assessed in 2023. The total value of the property was assessed at $34,530. Specifically, the land the property is located on was valued at $6,900. While improvements on the property were assessed at a total of $27,630. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,948. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 3,985
  • Total Building Area: 1,683
  • Gross Building Area: 1,683
  • Building Area: 1,683
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,683
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRWAY HILLS AT CLUB WEST
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FAIRWAY HILLS AT CLUB WEST MCR 477-21

Ownership

  • Current Owner : ALAMEDA EDDIE
  • Previous Owner : TURLEY DONALD
  • Previous Owner 2: TURLEY KAREN
  • Owner Before Previous Owner: FIRST HORIZON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tempe Union High School District
  • Census Tract: 116727

Zoning

  • Zoning: M-H

Geography

  • Assessors Map Reference: 47721
  • Parcel: 311-02-302
  • Lot: 21
  • Municipality: PHOENIX
  • Latitude: 33.2932
  • Longitude: -112.081

    Address

  • Full Address: 118 E Cottonwood Ln
  • Address - House Number: 118
  • Street Direction: E
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C011
  • 4-Digit Zip Code: 2093
  • Zip Code: 85048

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,948
  • Tax Rate Code Area: 281300

    Appraisal Valuation

  • Standard Deviation: 0.1425
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 490,991
  • High Value: 560,975
  • Low Value: 421,006

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $286,000
  • First Open Lien Mortgage Lender: NOVA FINANCIAL & INVESTMENT CO
  • First Open Lien Mortgage Recording Date: Aug 30, 2021
  • First Open Lien Mortgage Loan Amount: $286,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $345,300
  • Market Land Value: $69,000
  • Market Improvement Value: $276,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,530
  • Assessed Land Value: $6,900
  • Assessed Improvements Value: $27,630

    Sales

  • Current Sale Contract Date: Mar 01, 2018
  • Current Sale Recording Date: Apr 06, 2018
  • Current Sale Transaction ID: 11442243169
  • Current Sale Price: $268,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20180260420
  • Previous Sale Recording Date: Mar 11, 2013
  • Previous Sale Contract Date: Dec 19, 2012
  • Previous Sale Amount: $185,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NOVA FINANCIAL & INVESTMENT CO
  • First Mortgage Transaction Date: Apr 06, 2018
  • First Mortgage Loan Amount: $262,163
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: AMERIFIRST FINANCIAL INC
  • Previous Mortgage Transaction Date: Mar 11, 2013
  • Previous Mortgage Loan Amount: $85,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2043

About Ahwatukee Foothills



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Frequently Asked Questions

What neighborhood is 118 East Cottonwood Lane located in?
The 118 East Cottonwood Lane is a located in the neighborhood of Fairway Hills at Club West in Ahwatukee Foothills, Phoenix.
What is the average sales price for listings in 118 East Cottonwood Lane?
The average sales price for units in 118 East Cottonwood Lane is $0 currently.

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