20671 E Mingus Dr · Cordes Lakes, AZ 86333

$230,000

2 bd · 2.0 ba · 840 sqft · Manufactured public records · 34 Days on market

Built 2020 8,712 sqft lot

---

Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Appreciation +10.0/10.0
• Cash flow +7.6/30.0
• ARV discount +7.5/15.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.2/10.0
• Schools +2.0/10.0
• DSCR +1.7/10.0

Listing remarks MLS

This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

Key facts

• Privacy fencing
• 8,712 sq ft lot
• Built 2020

Tags

• UPDATED LIGHT FIXTURES
• COMPLETE KITCHEN MAKEOVER
• FULLY FENCED BACKYARD
• PRIVACY FENCING
• EASY ACCESS TO PRESCOTT
• EASY ACCESS TO PHOENIX

Property features AI

Finance

• Other: City-maintained road frontage on an asphalt city street; Zoned R1-10
• Financial info: Taxes reported (see listing for current amount)
• HOA & community: Not a senior community

Exterior

• Parking: Off-street RV parking
• Security: Smoke detector(s)
• Utilities: Public water; Electricity available; Septic system (conventional)
• Home design: Manufactured home (single wide); Single-story; Residential property; Located in Cordes Lakes subdivision; Facing direction not specified
• Construction: Frame construction; Composition roof; Pier foundation; Built area approximately 840
• Exterior features: Gravel driveway; Front and rear landscaping; Native species landscaping; Level lot; Privacy fencing in backyard; Back yard fencing

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Eat-in kitchen with kit/din combo
• Bedrooms: Primary bedroom located on the main level
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air; Ceiling fans; Electric heating
• Interior features: Ceiling fans; Eat-in kitchen; Kitchen/dining combo; Living/dining combo; Single-level living; Primary bedroom on main level; Smoke detectors
• Laundry & utility: Washer; Dryer; Separate laundry room; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $230k.

Deal economics

• At list price, monthly cash flow is $-275 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $190k (17.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $166k (27.6% below list).
• Recommended offer: $166k (27.6% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 60/100 on livability (#181 in AZ) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: schools F, amenities F, commute F.
• Mayer Unified School District (4473) (rural): math 23% / reading 26% proficiency, ranked #165 of 249 in AZ (top 66%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 80% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 242 active listings in the ZIP; 2,062 units permitted in Yavapai County in 2024 (98 in 5+ unit buildings).

Forward outlook

• In year one you build about $25k of equity ($2k loan paydown + $23k appreciation (10.0% local appreciation)).
• Yavapai County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 2, paydown + projected appreciation supports a ~$40k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($223k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $180k; 28% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 5→12/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $166,442 (27.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 28% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.72% ✗
• Cap rate: 4.86%
• Cash-on-cash: -5.12%
• DSCR: 0.77
• GRM: 11.5

CMA / ARV

• ARV (on-the-fly): $140,280
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
20715 E Larry Ln	0.05mi	2/1.5	840 (0%)	12mo	$130,000	$155	85
16070 S Indian Bend Dr	0.33mi	2/2.0	898 (+7%)	7mo	$150,000	$167	68
20555 E Park View Ln	0.61mi	2/2.0	840 (0%)	5mo	$168,900	$201	67
16128 S Papago Dr	0.37mi	2/1.0	785 (-6%)	4mo	$83,000	$106	65
16071 S Yavapai Dr	0.33mi	3/2.0 (+1)	925 (+10%)	5mo	$52,000	$56	59
20750 E Mingus Dr	0.10mi	2/2.0	721 (-14%)	16mo	$95,000	$132	59
20770 E Zaragoza Dr	0.27mi	2/1.0	781 (-7%)	16mo	$125,000	$160	58
16062 S Indian Bend Dr	0.32mi	2/2.0	925 (+10%)	14mo	$206,000	$223	57
15931 S Rolling Ridge Dr	0.35mi	2/1.0	799 (-5%)	18mo	$105,000	$131	57
20659 E Sierra Dr	0.31mi	2/2.0	930 (+11%)	17mo	$205,000	$220	54
20537 E Yucca Dr	0.57mi	2/1.0	832 (-1%)	18mo	$165,000	$198	53
15339 S Rolling Ridge Dr	0.65mi	3/2.0 (+1)	887 (+6%)	4mo	$150,000	$169	52

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 20.7%
• Equity multiple: 2.67×
• Total profit: $107,801
• Equity at exit: $207,202

10-year hold

• IRR: 18.8%
• Equity multiple: 6.14×
• Total profit: $331,258
• Equity at exit: $446,839

Cash invested: $64,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Arizona: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

5-day pay-or-quit; AZ courts known for speed; no state rent control; cities preempted by state law.

Methodology + full state rankings →

ZIP-level market 86333

• Home prices YoY: 17.3%
• Active inventory: 242
• Price-to-rent: 11.5×

Monthly cashflow live

• Estimated rent: $1,664 medium
• Mortgage (P&I): −$1,206
• Tax est. 1.5%: −$288 /mo · $3,450/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$350
• Net cashflow: $-275

Break-even live

Break-even rent $2,012

Max offer price $190,267

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $57,500
• Closing costs: $6,900
• Reserves months: —
• Total cash needed: —

Listing history 50 events

1. 2026-06-18
   days on market $230,000 Active 34 DOM
2. 2026-06-17
   days on market $230,000 Active 33 DOM
3. 2026-06-16
   days on market $230,000 Active 32 DOM
4. 2026-06-15
   days on market $230,000 Active 31 DOM
5. 2026-06-14
   days on market $230,000 Active 29 DOM
6. 2026-06-13
   days on market $230,000 Active 28 DOM
7. 2026-06-10
   days on market $230,000 Active 26 DOM
8. 2026-06-09
   days on market $230,000 Active 25 DOM
9. 2026-06-08
   days on market $230,000 Active 24 DOM
10. 2026-06-07
    days on market $230,000 Active 23 DOM
11. 2026-06-03
    days on market $230,000 Active 19 DOM
12. 2026-06-02
    days on market $230,000 Active 18 DOM
13. 2026-06-01
    days on market $230,000 Active 17 DOM
14. 2026-05-31
    days on market $230,000 Active 16 DOM
15. 2026-05-30
    days on market $230,000 Active 15 DOM
16. 2026-05-15
    listed $230,000 Active
17. 2024-04-30
    soldstatus $180,000 Closed 707-char remark

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

18. 2024-04-30
    soldstatus $180,000 Closed 703-char remark

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

19. 2024-04-30
    soldstatus $180,000

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

20. 2024-04-17
    status Pending 707-char remark

    Show marketing remark (707 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

21. 2024-04-16
    status Pending 703-char remark

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

22. 2024-03-29
    historical Active Under Contract 703-char remark

    Show marketing remark (707 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

23. 2024-03-29
    historical Under Contract Accepting Backups 707-char remark

    Show marketing remark (707 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

24. 2024-03-01
    price $193,000 707-char remark

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

25. 2024-03-01
    price $193,000 703-char remark

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

26. 2024-02-26
    status Active 707-char remark

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

27. 2024-02-26
    status Active 703-char remark

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

28. 2024-02-17
    status Pending 707-char remark

    Show marketing remark (707 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

29. 2024-02-16
    soldstatus $180,000 Closed 707-char remark

    Show marketing remark (707 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

30. 2024-01-18
    status Pending 707-char remark

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

31. 2024-01-18
    status Pending 703-char remark

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

32. 2024-01-04
    status Active 707-char remark

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

33. 2024-01-04
    status Active 703-char remark

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

34. 2023-12-26
    status Pending 707-char remark

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

35. 2023-12-26
    status Pending 703-char remark

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

36. 2023-12-07
    price $195,000 707-char remark

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

37. 2023-12-07
    price $195,000 703-char remark

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

38. 2023-10-12
    price $220,000 707-char remark

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

39. 2023-10-12
    price $220,000 703-char remark

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

40. 2023-09-28
    listed $230,000 Active 707-char remark

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

41. 2023-09-28
    listed $230,000 Active 703-char remark

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

42. 2023-09-25
    historical $230,000 703-char remark

    Show marketing remark (703 chars)

    This recently placed 2 bedroom, 2 bath home is the perfect escape from the hustle and bustle of the city life. Nestled in the beautiful Cordes Lakes community, you will find a more peaceful, cooler climate than The Valley. The large lot provides enough room for outdoor activities and the almost new home features new appliances and modern finishes. This home is conveniently located just off I-17, making it easy to access all the amenities and attractions of Prescott, Sedona, Phoenix, and Flagstaff. With its warm and inviting atmosphere, this home will make you feel right at home when you enter. Enjoy the peacefulness of this great neighborhood and the beauty of the surrounding Arizona landscape.

43. 2022-09-23
    soldstatus $174,900 Closed
44. 2022-09-09
    soldstatus $174,900 Closed
45. 2022-08-26
    historical Active with Contingency
46. 2022-08-26
    historical Contract Contingent on Buyer Sale
47. 2022-08-15
    price $174,900
48. 2022-08-14
    price $174,900
49. 2022-06-20
    price $199,900
50. 2022-06-19
    price $199,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 6/10 Major 5 d/yr ≥101°F today · 12 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,973
• − Mortgage interest: −$12,884
• − Property taxes: −$3,450
• − Insurance: −$1,150
• − Repairs & maintenance: −$1,598
• − Management: −$1,598
• − Depreciation: −$6,691
• Taxable loss: −$7,397
• Est. tax savings @ 24.0%: +$1,775
• After-tax cash flow: $-1,520/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Mayer Unified School District (4473)
• NCES district ID: 0404820
• Math proficiency: 23% ▼ -11.00%
• Reading proficiency: 26% ▼ -13.00%
• Median HH income: $35,108
• Composite: 20.22/100
• National rank: #8627
• State rank: #165 of 249 in AZ

Livability — Cordes Lakes

• Score: 60/100
• State rank: #181
• US rank: #19144

Category grades

Amenities F Commute F Cost of living A+ Crime A- Employment F Housing A+ Health & safety F User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Cordes Lakes, AZ
• Population (ZIP): 6,425

Population outlook (Yavapai County) Hauer SSP2

• Today (2025): 241,389 people
• By 2030: 249,523 · +3.4%
• By 2040: 259,966 · +7.7%
• By 2050: 264,736 · +9.7%
• By 2075: 269,334 · +11.6%
• By 2100: 256,505 · +6.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Two or more races 15% Hispanic / Latino 14%
• Hispanic origin (detail): Mexican 11% Puerto Rican 1%
• Common ancestry: Lithuanian 6% Iranian 3% Romanian 3%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 6% Russian/Polish/Slavic 1%

Political lean MEDSL · Yavapai

• 2024 margin: Solid R (+33.9) · D 32.6% · R 66.5%
• 2008→2024 swing: -9.5pp toward R · 2008: -24.4pp · 2024: -33.9pp
• All cycles: 2024: R+33.9 2020: R+29.3 2016: R+31.4 2012: R+30.7 2008: R+24.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 55.51%
• Current HPI: 376.0374
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 4.54%
• F500 in state: 20

Industry mix (Fortune 500 HQ in AZ)

Industry	F500 HQs	Revenue
▸Technology	2	$13B
▸Mining / Metals	1	$23B
▸Environmental Services	1	$16B
▸Metals / Steel	1	$14B
▸Technology Distribution	1	$9B
▸Homebuilding	1	$8B

Price history

+2069.8% since first listed

52 events — show timeline

• 2026-05-15 Listed $230,000 PAARMLS as Distributed by MLS Grid
• 2024-04-30 Sold (Public Records) $180,000 Public Records
• 2024-04-30 Sold (MLS) $180,000 PAARMLS as Distributed by MLS Grid
• 2024-04-30 Sold (MLS) $180,000 ARMLS
• 2024-04-17 Pending — ARMLS
• 2024-04-16 Pending — PAARMLS as Distributed by MLS Grid
• 2024-03-29 Contingent — PAARMLS as Distributed by MLS Grid
• 2024-03-29 Contingent — ARMLS
• 2024-03-01 Price Changed $193,000 ARMLS
• 2024-03-01 Price Changed $193,000 PAARMLS as Distributed by MLS Grid
• 2024-02-26 Relisted — ARMLS
• 2024-02-26 Relisted — PAARMLS as Distributed by MLS Grid
• 2024-02-17 Pending — ARMLS
• 2024-02-16 Sold (MLS) $180,000 ARMLS
• 2024-01-18 Pending — ARMLS
• 2024-01-18 Pending — PAARMLS as Distributed by MLS Grid
• 2024-01-04 Relisted — ARMLS
• 2024-01-04 Relisted — PAARMLS as Distributed by MLS Grid
• 2023-12-26 Pending — ARMLS
• 2023-12-26 Pending — PAARMLS as Distributed by MLS Grid
• 2023-12-07 Price Changed $195,000 ARMLS
• 2023-12-07 Price Changed $195,000 PAARMLS as Distributed by MLS Grid
• 2023-10-12 Price Changed $220,000 ARMLS
• 2023-10-12 Price Changed $220,000 PAARMLS as Distributed by MLS Grid
• 2023-09-28 Listed $230,000 ARMLS
• 2023-09-28 Listed $230,000 PAARMLS as Distributed by MLS Grid
• 2023-09-25 Coming Soon $230,000 PAARMLS as Distributed by MLS Grid
• 2022-09-23 Sold (MLS) $174,900 PAARMLS as Distributed by MLS Grid
• 2022-09-09 Sold (MLS) $174,900 ARMLS
• 2022-08-26 Contingent — PAARMLS as Distributed by MLS Grid
• 2022-08-26 Contingent — ARMLS
• 2022-08-15 Price Changed $174,900 ARMLS
• 2022-08-14 Price Changed $174,900 PAARMLS as Distributed by MLS Grid
• 2022-06-20 Price Changed $199,900 ARMLS
• 2022-06-19 Price Changed $199,900 PAARMLS as Distributed by MLS Grid
• 2022-05-31 Price Changed $224,900 ARMLS
• 2022-05-31 Price Changed $224,900 PAARMLS as Distributed by MLS Grid
• 2022-05-15 Price Changed $234,900 ARMLS
• 2022-05-15 Price Changed $234,900 PAARMLS as Distributed by MLS Grid
• 2022-05-03 Price Changed $239,900 ARMLS
• 2022-05-03 Price Changed $239,900 PAARMLS as Distributed by MLS Grid
• 2022-04-26 Price Changed $249,900 ARMLS
• 2022-04-26 Price Changed $249,900 PAARMLS as Distributed by MLS Grid
• 2022-04-15 Price Changed $259,500 ARMLS
• 2022-04-14 Price Changed $259,500 PAARMLS as Distributed by MLS Grid
• 2022-04-07 Price Changed $264,900 ARMLS
• 2022-03-30 Listed $269,900 ARMLS
• 2022-03-27 Listed $269,900 PAARMLS as Distributed by MLS Grid
• 2022-02-08 Sold (Public Records) $29,500 Public Records
• 2021-05-27 Sold (Public Records) $18,500 Public Records
• 2020-12-04 Sold (Public Records) $10,600 Public Records
• 2020-12-04 Sold (MLS) $10,600 PAARMLS as Distributed by MLS Grid

Property tax history

+8.1%/yr

Latest (2025): $326 · +6.7% YoY. Source: county tax records.