502 CherryFlagstaff, AZ 86001

  • Residential income properties
  • 6,353 SF
Off market
$2,304,370 Estimated

Property Details for 502 Cherry

Year built
1952
Construction
CONCRETE
Lot size
0.23 AC
Property size (Sq ft)
6,353 SF
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
100-08-008A
APU
10008008A

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,262,904
    6.5%
    $1,165,758
    7%
    $1,082,489
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,517,938
    Geo Method
    $1,517,938
  • Alternative Use

    Use
    Valuation
    Residential
    $1,165,758
    Hospitality
    $1,067,828
    Educational
    $888,420
    Medical
    $918,974
    Retail
    $1,381,987
502 Cherry, Flagstaff, Arizona

Location Insight

City
Flagstaff
County
Coconino
State
Arizona
Latitude
35.2024
Longitude
-111.653
CBSA code
22380
CBSA name
FLAGSTAFF, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,094
$20,733
$106,351
$127,084
-
$207,332
$1,063,511
$1,270,843

FAQs

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