NOT LISTED FOR SALE

Sedona, AZ 86336

-- Bed
-- Bath
7,485 Sq Ft
1991 Built

Last Sold October 28, 2014

Last sale price $2,200,000 $294 Per Sq Ft

Highlights

  • Cooling Available
  • Heating Available
  • 2-minute walk to Oak Creek Canyon
  • Manuel Demiguel Elementary School Rated A-

About This Home

As of October 2014

This 7,498 sq ft building is in the heart of Sedona's Uptown tourist district. It is centered between Chamber of Commerce visitors center and the Hyatt. Originally a bank building the property is well suited for retail & restaurant uses. Originally built in 1975; most recently remodeled and expanded in 2006. Current vacancy rate of 97%. Easy access with 55 parking spaces.

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 06/08/2014

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV Listed on: 06/08/2014

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $16,042

Year Built

  • Built in 1991

Lot Details

  • Property is zoned C-1

Home Design

  • 7,485 Sq Ft Home

Utilities

  • Cooling Available
  • Heating Available
  • Private Water Source

Community Details

  • Under 5 Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40117019k

Property Details

Property Type

Other

Est. Annual Taxes

$16,042

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Year Built: 1991
  • Tax Year: 2014
  • Subdivision Name: Under 5 Acres
  • Water Source Private Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Living Area: 7485.0

Exterior Features

  • Construction Type: See Remarks
  • Roof: See Remarks

Utilities

  • Cooling: Other
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private
  • Main Cooling Other: Yes

Lot Info

  • Parcel #: 40117019k

Tax Info

  • Tax Annual Amount: 16042.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2014
Closed on
Oct 9, 2014
Sold by
Mitchell Caroline S and Mitchell Sharon A
Bought by
Sedona Jazz Collective Llc
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$2,600,000
Sold Price
$2,200,000
Premium/Discount to List
-$400,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 17, 2007
Sold by
Mclean Charles F and Mclean Nancy C
Bought by
Mitchell Caroline S and Mitchell Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2005
Sold by
Cohen Rife & Co P C
Bought by
Mclean Charles F and Mclean Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,280,000
Interest Rate
5.72%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sedona Jazz Collective Llc $1,790,000 Pioneer Title Agency
Mitchell Caroline S $4,300,000 Pioneer Title Agency Inc
Mclean Charles F $2,850,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sedona Jazz Collective Llc $1,800,000
Previous Owner Mitchell Caroline S $2,000,000
Previous Owner Mclean Charles F $2,280,000
Closed Mclean Charles F $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2014 10/28/14 Sold $2,200,000 -15.4% $294 / Sq Ft
06/08/2014 06/08/14 For Sale $2,600,000 -- $347 / Sq Ft
05/26/2014 05/26/14 Pending -- -- --
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
2025 $17,052 $303,996 -- --
2024 $17,052 $279,223 -- --
2023 $16,599 $257,318 $0 $0
2022 $16,599 $249,512 $0 $0
2021 $16,546 $240,057 $0 $0
2020 $16,294 $242,579 $0 $0
2019 $15,832 $226,678 $0 $0
2018 $17,860 $238,476 $0 $0
2017 $17,743 $230,971 $0 $0
2016 $430 $191,484 $0 $0
2015 $16,801 $197,308 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2014

    Historical Agent - SVV

    Historical Listings - SVV

See All Agents

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 501339

Arizona Regional Multiple Listing Service (ARMLS)

APN: 401-17-019K

Arizona Coconino County Sedona

86336

Not Listed for Sale

Other

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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