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723 Cherry Hills Way

Cottonwood, AZ 86326

3 bd 2 ba 1,530 sqft Built 1988 Lot 12,632 sqft single_family
Most recent sale
$410,000
Dec 21, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 21, 2023 Sold $410,000 SedonaVerde
Nov 10, 2023 Listed $419,000 SedonaVerde
Nov 25, 2015 Listing removed $1,200 SedonaVerde
Nov 18, 2015 Listed for rent $1,200 SedonaVerde
Jul 1, 2014 Listing removed $1,100 SedonaVerde
Jun 21, 2014 Listed for rent $1,100 SedonaVerde
Jan 23, 2014 Listing removed $1,100 SedonaVerde
Nov 16, 2013 Listed for rent $1,100 SedonaVerde
Apr 19, 2007 Sold $222,000 SedonaVerde
Dec 15, 2006 Listed $249,900 SedonaVerde
Dec 9, 2004 Sold $193,300 SedonaVerde
Oct 15, 2004 Listed $193,300 SedonaVerde
Sep 25, 1998 Sold $121,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $25,437 $4,669 $30,106 $1,472
2023 $21,366 $3,534 $24,900 $1,354
2022 $17,385 $2,854 $20,239 $1,397
2021 $16,177 $2,985 $19,162 $1,532
2020 $15,399 $2,657 $18,056 $1,504
2018 $14,614 $2,265 $16,880 $1,637
2017 $12,998 $2,098 $15,096 $1,570
2016 $12,091 $2,070 $14,161 $1,528
2015 $11,842 $1,480 $13,322 $1,500
2014 $10,129 $1,470 $11,599 $1,139
2013 $8,224 $1,140 $9,364 $1,043
2012 $6,650 $2,120 $8,770 $1,039
2011 $7,157 $2,120 $9,277 $1,048
2009 $9,451 $4,840 $14,291 $1,466
2008 $12,055 $5,440 $17,495 $1,428
2007 $12,709 $5,340 $18,049 $1,225

Property facts

Year built
1988
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,530 sqft
Lot size
12,632 sqft
ZIP code
86326
City
Cottonwood
Street
Cherry Hills Way
Coordinates
34.70896, -112.01995

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,372
Gross rental yield
6.94%
Implied cap rate
4.51%
Trend-extrapolated value

Frequently asked questions

When did 723 Cherry Hills Way last sell?
723 Cherry Hills Way most recently sold on Dec 21, 2023 for $410,000.
What is the current tax assessment for 723 Cherry Hills Way?
The most recent total assessment for 723 Cherry Hills Way (year 2025) is $30,106 with $1,472 in property tax.
How does 723 Cherry Hills Way's assessment compare to its last sale price?
The current assessment is 92.7% below the last sale price of $410,000.
When was 723 Cherry Hills Way built?
723 Cherry Hills Way was built in 1988.
How does 723 Cherry Hills Way compare to others on Cherry Hills Way?
We track 8 other properties on Cherry Hills Way. Browse the list under "Other properties on Cherry Hills Way" to compare beds, baths, and sale history.
What are the property facts for 723 Cherry Hills Way?
723 Cherry Hills Way is a 3 bed, 2 bath, 1,530 sqft, 12,632 sqft lot single_family.
Is 723 Cherry Hills Way a flip candidate?
No — 723 Cherry Hills Way does not appear in our flips dataset.
Is 723 Cherry Hills Way a tax-appeal candidate?
No — 723 Cherry Hills Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+9.9%
Implied 1-yr
+39.8%
2026 Q3
$893.1K
2026 Q4
$947.1K
ZIP 86326 — Median Price History + Forecast

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