NOT LISTED FOR SALE

11375 E Cornville Rd Cornville, AZ 86325

Studio
-- Bath
2,349 Sq Ft
1.4 Acres

Last Sold April 25, 2018

Last sale price $500,000 $213 Per Sq Ft

296 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Oak Creek School Rated 9+
  • Wood Fence

About This Home

As of April 2018

Great opportunity in the LAND OF OPPORTUNITY!Minutes from Sedona & around the corner from The Verde Valley's Wine Country and Bed and Breakfast area!Fully equipped bar/tavern in a stand alone building in Cornville/Page Springs area ).Excellent street frontage(Owner will consider financing with large down).
Established in 1981, a landmark destination.BUSINESS & LIQUOR LICENSE and furniture & Fixtures included! Back yard with horse shoe pits and great potential for beer garden, art fairs,farmers markets, outdoor music venues plus adjacent patio. TV's throughout patio and bar. Present business offers weekly live music, poker & pool tournaments,etc. Locals and outside public frequent this classic locale with loyalty.Plenty of local commerce around.

Last Agent to Sell the Property

Bendy Sobol

Berkshire Hathaway HomeServices Arizona Properties License #SA636735000 Listed on: 05/17/2017

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Debra Riley

Beaver Creek Realty License #BR116898000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,358

Year Built

  • Built in 1981

Lot Details

  • 1.4 Acre Lot
  • Wood Fence
  • Property is zoned C2-10

Interior Spaces

  • 2,349 Sq Ft Home
  • Ceramic Tile Flooring

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Gross Income $350,000
  • Net Operating Income $190,000

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 407-04-027-F

Property Details

Property Type

Other

Est. Annual Taxes

$4,358

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: Cornville RD & Page Springs Rd
  • Property Type: Comm/Industry Sale
  • Zoning: C2-10
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2016
  • Lot Size Acres: 1.4
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: praz20
  • Co List Office Phone: 480-505-6300
  • Structure Type: Commercial
  • Tax Parcel Letter: F
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2349.0

Exterior Features

  • Fencing: Wood
  • Disclosures: Water Well Report
  • Construction Type: Other
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Parking Features: Open, Private
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0

Utilities

  • Electric: APS
  • Heating: Heat Pump
  • Security: Fire Sprinklers, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Domestic

Fee Information

  • Trash Expense: 1690.0

Lot Info

  • Lot Size Sq Ft: 60984.0
  • Parcel #: 407-04-027-F

Multi Family

  • Electric Expense: 10255.0
  • Annual Gross Income: 350000.0
  • Insurance Expense: 12862.0
  • Maintenance Expense: 9810.0
  • Property Net Operating Income: 190000.0

Tax Info

  • Tax Annual Amount: 4358.0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2017
Closed on
Apr 17, 2018
Sold by
West Hay Inc
Bought by
Pineda Jose Elmer
Seller's Agent
Bendy Sobol
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Debra Riley
Beaver Creek Realty
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$128,997
Interest Rate
4.44%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 14, 2000
Sold by
Rohloff William P and Rohloff Helma A
Bought by
West Hay Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.86%
Mortgage Type
Seller Take Back
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pineda Jose Elmer $500,000 Yavapai Title
West Hay Inc -- Yavapai Title
West Hay Inc $450,000 Yavapai Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pineda Jose Elmer $150,000
Previous Owner West Hay Inc $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2018 04/25/18 Sold $500,000 0.0% $213 / Sq Ft
03/09/2018 03/09/18 Pending -- -- --
05/17/2017 05/17/17 For Sale $500,000 -- $213 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $4,458 -- -- --
2024 $4,432 -- -- --
2023 $4,432 $40,613 $22,541 $18,072
2022 $4,504 $43,488 $30,297 $13,191
2021 $4,762 $40,515 $30,297 $10,218
2020 $4,679 $0 $0 $0
2019 $4,597 $0 $0 $0
2018 $4,428 $0 $0 $0
2017 $4,479 $0 $0 $0
2016 $4,358 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5606645

Arizona Regional Multiple Listing Service (ARMLS)

APN: 407-04-027F