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3242 Cottonwood Ln

Phoenix, AZ 85048

5 bd 3 ba 2,684 sqft Built 1987 Lot 11,761 sqft single_family
Most recent sale
$700,000
Apr 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 23, 2025 Listing removed $2,295 ArizonaRegionalMLS
Apr 19, 2022 Sold $700,000 MLS #6369676
Mar 17, 2022 Listed $710,000 MLS #6369676
Jan 29, 2018 Listing removed $2,395 ArizonaRegionalMLS
Oct 31, 2017 Listed for rent $2,495 ArizonaRegionalMLS
Nov 3, 2015 Listing removed $2,395 ArizonaRegionalMLS
Feb 3, 2014 Listing removed $2,295 ArizonaRegionalMLS
Jan 17, 2014 Listed for rent $2,295 ArizonaRegionalMLS
Dec 13, 2013 Listing removed $2,295 ArizonaRegionalMLS
Nov 27, 2013 Listed for rent $2,295 ArizonaRegionalMLS
Aug 13, 2004 Sold $365,000 Public Record
Jul 2, 1987 Sold $164,353 Public Record
Jun 16, 1986 Sold $2,835,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $52,150 $3,779
2024 $52,150 $3,659
2023 $57,230 $3,575
2022 $28,760 $7,190 $35,950 $3,397
2021 $27,670 $6,910 $34,580 $3,563
2020 $27,030 $6,750 $33,780 $3,474
2019 $25,520 $6,380 $31,900 $3,364
2018 $25,580 $6,390 $31,970 $3,249
2017 $25,360 $6,340 $31,700 $3,101
2016 $25,120 $6,280 $31,400 $3,143
2015 $24,390 $6,090 $30,480 $2,813
2014 $20,800 $5,200 $26,000 $2,758
2013 $17,880 $4,470 $22,350 $2,445
2012 $17,880 $4,470 $22,350 $2,412
2011 $18,740 $4,680 $23,420 $2,732
2009 $26,350 $6,580 $32,930 $2,680
2008 $29,640 $7,410 $37,050 $2,598
2007 $28,400 $7,100 $35,500 $2,655

Property facts

Year built
1987
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,684 sqft
Lot size
11,761 sqft
ZIP code
85048
City
Phoenix
Street
Cottonwood Ln
Coordinates
33.29430, -112.01215

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,160
Gross rental yield
7.13%
Implied cap rate
4.64%
Trend-extrapolated value

Frequently asked questions

When did 3242 Cottonwood Ln last sell?
3242 Cottonwood Ln most recently sold on Apr 19, 2022 for $700,000.
What is the current tax assessment for 3242 Cottonwood Ln?
The most recent total assessment for 3242 Cottonwood Ln (year 2025) is $52,150 with $3,779 in property tax.
How does 3242 Cottonwood Ln's assessment compare to its last sale price?
The current assessment is 92.6% below the last sale price of $700,000.
When was 3242 Cottonwood Ln built?
3242 Cottonwood Ln was built in 1987.
How does 3242 Cottonwood Ln compare to others on Cottonwood Ln?
We track 8 other properties on Cottonwood Ln. Browse the list under "Other properties on Cottonwood Ln" to compare beds, baths, and sale history.
What are the property facts for 3242 Cottonwood Ln?
3242 Cottonwood Ln is a 5 bed, 3 bath, 2,684 sqft, 11,761 sqft lot single_family.
Is 3242 Cottonwood Ln a flip candidate?
No — 3242 Cottonwood Ln does not appear in our flips dataset.
Is 3242 Cottonwood Ln a tax-appeal candidate?
No — 3242 Cottonwood Ln 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
-1.6%
Implied 1-yr
-6.3%
2026 Q3
$534K
2026 Q4
$524.6K
ZIP 85048 — Median Price History + Forecast

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