12570 N Cotton Lane 1045-46, Surprise, AZ 85388 (MLS# 6846662)


$580,000
12570 N Cotton Lane 1045-46
Surprise, AZ 85388
MLS# 6846662
Status: Closed



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Property Description
Hard to find brand new built townhome style duplex in a great location. Construction almost completed! Buyer required to use MAXX PM for property management. HOA covers the following services for this individual unit: Common Area Water, Landscape Maintenance, Garbage Service, Clubhouse/Pool, Internet, Smart Home.

Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $580,000
Sold Price: $580,000
Status: Closed
List Date: 2025-04-04
Location, Tax & Legal
Unit #: 1045-46
Building Number: 14
Assessor's Map #: 12
Assessor's Parcel #: 435
Add'l Parcels: No
Tax Municipality: Surprise
Taxes: 0
Legal: Hayden Farms Lot 14
Marketing Name: Hayden Farms
House Number: 12570
Compass: N
Street Name: Cotton
St Suffix: Lane
City/Town Code: Surprise
State/Province: AZ
Zip Code: 85388
County Code: Maricopa
Assessor Number: 502-12-435
Tax Year: 2024
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 3
Lot Size Dimensions: .03
Flood Zone: No
Total # of Units: 2
Elementary School District: Dysart Unified District
High School District: Dysart Unified District
Elementary School: Dysart Middle School
Jr. High School: Dysart Middle School
High School: Dysart High School
Year Built: 2024
Zoning: residential
Project Type
Duplex: 1
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Roofing
Composition: 1
Floors
Carpet: 1
Other: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 5928
Operating Exp: 5928
Other Income: 0
Vacancy Allowance: 0.03
Adjusted Gross Inc: 45396
Pmt & Rate Info
Cap Rate: 6.07
Equity: 649900
Down Payment %: 25
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
None: 1
Community Features
Pool: 1
Clubhouse: 1
Heating
Central: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Exterior Amenities
Landscape Water System: 1
Curb(s) & Gutter(s): 1
Sidewalk(s): 1
Interior Features
Unfurnished: 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Garage: 1
Attached: 1
Electric
City Electric: 1
Gas
City Gas: 1
Owner Pays
None: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
1031 Exchange: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 1950
Avg SqFt: 1778
# Baths: 5
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Seller Paid - S
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 3
Seller Concession $/%: %
Remarks Misc
Geo Lat: 33.598118
Geo Lon: -112.428639
Status Change Info
Off Market Date: 2025-12-27
Under Contract Date: 2025-12-26
Close of Escrow Date: 2025-12-26
Sold Price: $580,000
Legal Info
Lot Number: 14
Income Expenses
Gross Annual Sch Inc: 46800
Net Operating Income: 39468
Property Features
Project Type: Duplex
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Composition
Floors: Carpet; Other
Sale Includes: Land & Building
Community Features: Pool; Clubhouse
Exterior Amenities: Landscape Water System; Curb(s) & Gutter(s); Sidewalk(s)
Interior Features: Unfurnished
Appliances Included: Refrigerator; Dishwasher; Disposal; Microwave
Heating: Central
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: City Electric
Gas: City Gas
Parking Features: Garage; Attached
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV
Source of Fincl Data: Owner
Lockbox Type: None
New Financing: Cash; VA; Conventional; 1031 Exchange
Environmental: None

IDX
Listing Office: RE/MAX Excalibur

Last Updated: December - 28 - 2025

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Cell: (480) 235-5360 | Email: KimAndHenry@cox.net