NOT LISTED FOR SALE

23225 S State Route 89 Yarnell, AZ 85362

Yarnell Neighborhood
-- Bed
-- Bath
1,936 Sq Ft
0.89 Acres

Last Sold September 10, 2014

Last sale price $150,000 $77 Per Sq Ft

280 Days on Market

About This Home

As of September 2014

An opportunity to own the iconic Yarnell Ranch House. This homestyle family restaurant has served locals and visitors since the 40's. Located at the top of Yarnell Hill, the Ranch House has served as a favorite stopping point for visitors from around the State, the Country and the World. Patrons come back for the great food, atmosphere and to enjoy the fresh mountain air of Yarnell. Trade Name, equipment, inventory, supplies & good will are also included in the sale. A second adjacent parcel is included and has a location for your manufactured home. Live and do business all on the same premises. Seller may carry

Last Agent to Sell the Property

Wendy Fostiak-Amos

Top of the Hill Realty License #BR563765000 Listed on: 11/01/2013

Last Buyer's Agent

Wendy Fostiak-Amos

Top of the Hill Realty License #BR563765000 Listed on: 11/01/2013

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,967

Year Built

  • Built in 1945

Lot Details

  • 0.89 Acre Lot
  • Additional Parcels
  • Property is zoned C2-1

Home Design

  • Wood Frame Construction

Interior Spaces

  • 1,936 Sq Ft Home
  • Concrete Flooring

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces

Utilities

  • Roof Turbine
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 203-14-006-A

Community Details

Overview

  • Glen Ilah Subdivision

Building Details

  • Operating Expense $98,673
  • Gross Income $300,000
  • Net Operating Income $21,343

Property Details

Property Type

Other

Est. Annual Taxes

$1,967

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Cross Street: Mina Rd
  • Legal Info Range: 05W
  • Property Type: Comm/Industry Sale
  • Zoning: C2-1
  • Current Use: Restaurant
  • Number Of Buildings: 1
  • Year Built: 1945
  • Tax Year: 2012
  • Directions: Highway 89, Yarnell
  • Lot Size Acres: 0.89
  • Road Surface Type: Asphalt
  • Professional Management Expense: 17111.0
  • Subdivision Name: Glen Ilah
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Roof Turbine(s)
  • Heating: Natural Gas
  • Water Source: Private Franchise
  • Heating:Natural Gas: Yes

Fee Information

  • Annual Fuel Expense: 9129.0
  • Trash Expense: 1360.0
  • Annual Water Sewer Expense: 1642.0

Lot Info

  • Lot Size Sq Ft: 38715.0
  • Additional Parcels: Yes
  • Parcel #: 203-14-006-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 9129.0
  • Annual Gross Income: 300000.0
  • Insurance Expense: 17810.0
  • Maintenance Expense: 3037.0
  • Property Net Operating Income: 21343.0
  • Annual Operating Expense: 98673.0

Tax Info

  • Tax Annual Amount: 1967.0
  • Tax Book Number: 203.00
  • Tax Lot: 0
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2013
Closed on
Sep 4, 2014
Sold by
Bergeson Steven A and Bergeson Shelley L
Bought by
Velasquez Vicki
Seller's Agent
Wendy Fostiak-Amos
Top of the Hill Realty
Buyer's Agent
Wendy Fostiak-Amos
Top of the Hill Realty
List Price
$395,000
Sold Price
$150,000
Premium/Discount to List
-$245,000
-62.03%

Purchase Details

Closed on
Mar 31, 2009
Sold by
Harris Bernadine L
Bought by
Bergeson Shelley L and Bergeson Steven A

Purchase Details

Closed on
Sep 10, 2001
Sold by
Velasquez Living Trust and Velasquez Vicki
Bought by
Lo Que Hay Restaurant Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.77%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 2, 1994
Sold by
Hancock Fredelia A
Bought by
Harris Robert B and Harris Donald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 15, 1993
Sold by
Russell Jan
Bought by
Shaw Marvin D and Shaw Sarah D

Purchase Details

Closed on
Nov 9, 1993
Sold by
Shaw Marvin D
Bought by
Russell Jan
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Velasquez Vicki $100,000 Pioneer Title Agency
Bergenson Steven A -- Pioneer Title Agency
Velasquez Vicki $100,000 Pioneer Title Agency
Bergenson Steven A -- Pioneer Title Agency
Bergeson Shelley L $180,000 None Available
Bergeson Shelley L $180,000 None Available
Lo Que Hay Restaurant Llc $385,000 Pioneer Title
Lo Que Hay Restaurant Llc $385,000 Pioneer Title
Harris Robert B $100,000 Yavapai Title Co
Harris Robert B $100,000 Yavapai Title Co
Shaw Marvin D -- --
Shaw Marvin D -- --
Russell Jan -- --
Russell Jan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lo Que Hay Restaurant Llc $290,000
Previous Owner Harris Robert B $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2014 09/10/14 Sold $150,000 -62.0% $77 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
10/31/2013 10/31/13 For Sale $395,000 -- $204 / 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 $1,646 -- -- --
2024 $1,597 -- -- --
2023 $1,597 $31,342 $3,616 $27,726
2022 $1,501 $22,731 $3,950 $18,781
2021 $1,532 $19,178 $3,950 $15,228
2020 $1,524 $0 $0 $0
2019 $1,480 $0 $0 $0
2018 $1,400 $0 $0 $0
2017 $1,339 $0 $0 $0
2016 $1,285 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2014

    Wendy Fostiak-Amos

    Top of the Hill Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5023741

Arizona Regional Multiple Listing Service (ARMLS)

APN: 203-14-006A

Arizona Yavapai County Yarnell 85362 Yarnell

23225 S State Route 89, Yarnell, AZ

This home is located at 23225 S State Route 89, Yarnell, AZ 85362 since 01 November 2013. This property was built in 1945. 23225 S State Route 89 is a home located in Yavapai County with nearby schools including Model Creek Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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