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Show Low 85901
2981 W VILLA Loop
Photo of 2981 W VILLA Loop
Sold on Aug 22, 2016

37

Map

Photo of 2981 W VILLA Loop
Photo of 2981 W VILLA Loop
$177,000
● House - Off Market

2981 W VILLA Loop

Show Low, AZ 85901
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,550 Ft²
$445,383
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

THIS CAREFREE GATED VILLA REPRESENTS ITSELF WITH A FULL ON PRISTINE VIEW OF THE 15TH HOLE & FAIRWAY. FRONT DECK FACES THE WINTER SUN. WOOD TONGUE & GROOVE VAULTED CEILING, 20' SHELVES W/ LIGHTED VILLAGE DECOR, HEAVY METAL EAGLE ABOVE STONE FACED UPGRADED FIREPLACE, CUSTOM VALANCES, WOOD BLINDS, CLOSE TO FOOLS HOLLOW LAKE, VERY QUIET AND SERENE.
Unit Size
1,550 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$170
Property Type
House
Property Taxes
$134
HOA Dues
$172
Year Built
2006

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (ARMLS #5386960)

Price History

Date / Event Date Event Price
Oct 22, 2021 Sold
Premium
Sold
Aug 22, 2016 Sold
Premium
Sold
Jan 21, 2016 Listed by Long Realty Covey Luxury Properties $263,700
Listed by Long Realty Covey Luxury Properties
Aug 1, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 624
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE RETREAT
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • Legal Description 1: SEC 13 & 24,T10N,R21E: THE RETREAT AT BISON CROSSING LOT 79, PER PLAT 28-1 2 OUT OF 209-55-009A FOR2008ROLL

Neighborhood

  • School District Name: Show Low Unified District
  • Census Tract: 965201

Zoning

  • Zoning: MUNICIPAL

Geography

  • Section: 13,24
  • Parcel: 309-91-079
  • Lot: 79
  • Meridian: SEC 24 TWN 10N RNG 21E
  • Municipality: SHOW LOW
  • Latitude: 34.2547
  • Longitude: -110.074

    Address

  • Full Address: 2981 W Billy Mayfair Loop
  • Address - House Number: 2981
  • Street Direction: W
  • Address - Street Name: Billy Mayfair
  • Address - Suffix Type: Loop
  • State: AZ
  • City Name: Show Low
  • Carrier Code: R008
  • 4-Digit Zip Code: 4591
  • Zip Code: 85901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $250,562
  • Tax Rate Code Area: 1020

    Appraisal Valuation

  • Standard Deviation: 0.4989
  • Valuation Date: Dec 13, 2023
  • Final Value: 507,216
  • High Value: 760,287
  • Low Value: 254,144

    Market Valuation

  • Market Total Value: $401,599
  • Market Land Value: $38,500
  • Market Improvement Value: $363,099

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $40,160
  • Assessed Land Value: $3,850
  • Assessed Improvements Value: $36,310

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-24048
  • Previous Sale Recording Date: May 27, 2010
  • Previous Sale Contract Date: Apr 27, 2010
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Show Low

Stats & Trends

Median Asking:

$559,500

Sale Price/ft²

$318

Above Asking

0.00%

Average Days on Market

130

Average Home Size

1944 ft²

Average Home Age

16.5 years

Currently For Sale

77 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4760 W Bison Lane, Show Low, AZ, 85901

$2,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,225 ft²
4760 W Bison Lane, Show Low, AZ, 85901 Listing by Tammy L Chapman
Unit for rent at 2640 N Eagle View Circle, Show Low, AZ, 85901

$3,650 /mo

  • 3 Beds
  • 3 Baths
  • 2,316 ft²
2640 N Eagle View Circle, Show Low, AZ, 85901 Listing by Nicole Drew

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Kathlyn Covey, Long Realty Covey Luxury Properties
Last Updated: 6 months ago
Data Source: ARMLS, MLS# 5386960
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 2981 West Villa Loop built and last sold?
The property at 2981 West Villa Loop was built in 2006 and last sold on Oct 15, 2021 for $525,000.
How much is this home worth?
The estimated value of the home located at 2981 West Villa Loop is $278,169.
What are some comparable homes to 2981 West Villa Loop?
There are currently no comparable homes to 2981 West Villa Loop.
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