NOT LISTED FOR SALE

81 Main St Bisbee, AZ 85603

Estimated Value: $566,356

-- Bed
-- Bath
5,196 Sq Ft
$109/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $480,000 $92 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,670/month

381 Days on Market

Highlights

  • Wood Flooring
  • Display Windows
  • Heating System Uses Natural Gas
  • Skylights
  • Central Air
  • 4-minute walk to Grassy Park

About This Home

As of March 2022

Downtown Old Bisbee Commercial
Two-Story:
With vast ground floor retail and office space (nearly 2700 sq ft) and a spectacular Second Floor- 2,000 plus square feet with vaulted ceilings, massive skylights, ceiling fans, plumbed for a full bathroom, large front room with hardwood flooring and small balcony. (The Second Floor could be converted to a living space or used as additional retail, storage, manufacturing or studio space.) Well maintained, upgraded and updated with newer electrical panel and fixtures, roof replaced in 2016, Central Heat and AC downstairs.
Glass shelving with brackets, slatwall, some built-in cases included.

Last Agent to Sell the Property

Eliza Adams

Eliza Adams Real Estate License #BR656010000 Listed on: 03/16/2022

Last Buyer's Agent

Carrick Sears

SVN/Desert Commercial Advisors License #BR633405000

SVN/Desert Commercial Advisors

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,210

Year Built

  • Built in 1935

Lot Details

  • 2,821 Sq Ft Lot
  • Property is zoned CM-2

Parking

  • Public Parking

Home Design

  • Tilt Up Walls
  • Built-Up Roof

Interior Spaces

  • 5,196 Sq Ft Home
  • Skylights
  • Display Windows

Flooring

  • Wood
  • Carpet
  • Concrete

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Old Bisbee Subdivision
  • Operating Expense $6,210

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 103-62-002

Property Details

Property Type

Other

Est. Annual Taxes

$6,210

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: CM-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1935
  • Tax Year: 2019
  • Directions: On Northwest side of Main Street. Accross and slightly uphill from large public parking lot.
  • Lot Size Acres: 0.06
  • Road Surface Type: Asphalt
  • Subdivision Name: OLD BISBEE
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Wood, Concrete
  • Living Area: 5196.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Tilt-Up
  • Roof: Built-Up
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Parking Features: Public Parking
  • Attached Garage: No
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Green Building Features: Other (See Remarks), Skylight(s), Display Window(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Franchise
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes
  • Amenities:Display Window(s): Yes
  • Amenities:Skylight(s)2: Yes

Lot Info

  • Lot Size Sq Ft: 2821.0
  • Parcel #: 103-62-002
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 6210.0

Tax Info

  • Tax Annual Amount: 6210.0
  • Tax Book Number: 103.00
  • Tax Lot: 12
  • Tax Map Number: 62.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
Mar 25, 2022
Sold by
Finders Keepers Antiques And Collectible
Bought by
Pinnacle Real Estate Five
Seller's Agent
Eliza Adams
Eliza Adams Real Estate
Buyer's Agent
Carrick Sears
SVN/Desert Commercial Advisors
List Price
$497,500
Sold Price
$480,000
Premium/Discount to List
-$17,500
-3.52%
Current Estimated Value
$566,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,356
Avg. Annual Appreciation
4.91%
Original Mortgage
$300,000
Outstanding Balance
$281,297
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$285,059
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
Pinnacle Real Estate Five $480,000 Stewart Title & Trust Of Phoen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinnacle Real Estate Five $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $480,000 -3.5% $92 / Sq Ft
03/16/2022 03/16/22 Price Changed $497,500 0.0% $96 / Sq Ft
03/01/2022 03/01/22 Price Changed $497,500 0.0% $96 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $497,500 +3.6% $96 / Sq Ft
08/02/2021 08/02/21 Off Market $480,000 -- --
06/27/2021 06/27/21 Price Changed $497,500 -5.2% $96 / Sq Ft
02/08/2021 02/08/21 Price Changed $525,000 -11.8% $101 / Sq Ft
09/25/2020 09/25/20 For Sale $595,000 -- $115 / 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
2024 $7,295 $56,664 $4,094 $52,570
2023 $5,516 $36,998 $4,094 $32,904
2022 $5,726 $36,998 $4,094 $32,904
2021 $6,178 $36,998 $4,094 $32,904
2020 $6,196 $0 $0 $0
2019 $6,210 $0 $0 $0
2018 $6,483 $0 $0 $0
2017 $6,150 $0 $0 $0
2016 $5,771 $0 $0 $0
2015 -- $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: 6138749

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-62-002