NOT LISTED FOR SALE

225 Oak Creek Blvd Sedona, AZ 86336

7 Beds
4 Baths
5,680 Sq Ft
0.49 Acres

Last Sold June 30, 2022

Last sale price $900,000 $158 Per Sq Ft

132 Days on Market

Highlights

  • Patio
  • Landscaped
  • Ceiling Fan
  • Laundry Room
  • Forced Air Heating System
  • Evaporated cooling system

About This Home

As of June 2022

The park has 7 park owned mobile homes and a laundry room with 2 washers and 2 dryers. The prior owner, local contractor Gail Herrick, bought the park in 1993. In 1997 he renovated the park, replaced 5 mobile homes (1982-1991), restored the original 1973 2br, 2 ba unit and added decks, awnings, porches, sidewalks, curbing, landscaping and paved parking. He added new underground utilities including water, natural gas and electric and connected the park to city sewer. He managed the park himself. The present owner manages the park from Scottsdale. The park expects to gross $103,422 in 2022. With expected annual expenses of $31,941, the NOI is projected to be $71,481. See ''Documents''. The current cap rate is approximately 7.52%.

Last Agent to Sell the Property

Rick Rosenzweig

License #BR004344000 Listed on: 01/17/2022

Last Buyer's Agent

Joy Kim

Realty One Group Mountain Dese License #SA644298000

Realty One Group Mountain Dese

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,815

Year Built

  • Built in 1973

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 170 x 125
  • Landscaped

Parking

  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Composition Shingle Roof
  • Metal Roof
  • Modular or Manufactured Materials
  • Metal Construction or Metal Frame

Interior Spaces

  • 5,680 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Microwave
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Vinyl

Outdoor Features

  • Patio

Utilities

  • Evaporated cooling system
  • Mini Split Air Conditioners
  • Forced Air Heating System
  • Separate Meters
  • Underground Utilities
  • Master Meter
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Oc Development Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40826048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,815

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cooling: Evaporative Cooling, Individual AC
  • External Amenities: Landscape, Patio/Deck
  • Floors: Carpet, Concrete, Sheet Vinyl
  • Internal Amenities: Ceiling Fan, Disposal, Fire/Smoke Alarm, Laundry Room, Microwave, Refrigerator
  • Roof Materials: Comp Shingle, Metal
  • Property Sub Type: Multi-Family
  • Assessor Parcel Number: 40826048
  • Bathrooms: Interior
  • Business Type: Mobile Home Park
  • Type Of Building: 5 or More Units
  • Amount of Taxes: 1815.00
  • Lot Acreage: 0.49
  • Year Built: 1973
  • Directions: From 89A in West Sedona, go south on Oak Creek Blvd (on west side of automated car wash) 1/4 mile to #225 on right.
  • Special Features: None

Interior Features

  • Heating: Electric, Forced Air
  • Total Sq Ft: 5680.00
  • Construction: Frame - Wood, Metal, Modular
  • Parking: Off Street
  • Property Type: Multi-Family
  • Road Access: City, Paved
  • Road Maintenance: City Maintained
  • Water Heater: Electric, Natural Gas
  • Subdivision: OC Development
  • Management: Owner
  • Utilities Available: Cable TV, City Water, Electricity, Individual Meter, Main Meter, Natural Gas, Sewer (City), Telephone, Underground

Lot Info

  • Lot Dimensions: 170 x 125

Tax Info

  • Year: 2021

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $900,000 -5.3% $158 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $950,000 0.0% $167 / Sq Ft
05/06/2022 05/06/22 Price Changed $950,000 -9.5% $167 / Sq Ft
04/16/2022 04/16/22 Pending -- -- --
04/12/2022 04/12/22 Price Changed $1,050,000 -2.3% $185 / Sq Ft
03/05/2022 03/05/22 Price Changed $1,075,000 -2.3% $189 / Sq Ft
02/16/2022 02/16/22 For Sale $1,100,000 +22.2% $194 / Sq Ft
02/16/2022 02/16/22 Off Market $900,000 -- --
02/06/2022 02/06/22 For Sale $1,100,000 0.0% $194 / Sq Ft
02/06/2022 02/06/22 Price Changed $1,100,000 +15.8% $194 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $950,000 +65.2% $167 / Sq Ft
06/04/2018 06/04/18 Sold $575,000 -4.2% $97 / Sq Ft
02/18/2018 02/18/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $600,000 0.0% $101 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
11/30/2017 11/30/17 Price Changed $600,000 +4.3% $101 / Sq Ft
11/07/2017 11/07/17 Price Changed $575,000 +1.1% $97 / Sq Ft
08/25/2017 08/25/17 For Sale $569,000 0.0% $96 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
02/19/2017 02/19/17 For Sale $569,000 +1.8% $96 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
07/13/2015 07/13/15 For Sale $559,000 -- $94 / Sq Ft
Source: Sedona Verde Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sedona Verde Valley Association of REALTORS®

MLS Number: 528743

Sedona Verde Valley Association of REALTORS®