NOT LISTED FOR SALE

Estimated Value: $1,501,091

Studio
-- Bath
6,098 Sq Ft
$246/Sq Ft Est. Value

Last Sold December 11, 2019

Last sale price $875,000 $143 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $8,491/month

392 Days on Market

About This Home

As of December 2019

Prime Sedona location on Hwy 89A! Long term established commercial corner with strong rental history. Completely full. Approximate Cap Rate of 7.2. Owner may carry financing.

Last Agent to Sell the Property

Brian Dante

RE/MAX Sedona License #SA107062000 Listed on: 03/31/2018

RE/MAX Sedona

Co-Listed By

Cindy Dante

RE/MAX Sedona

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,088

Year Built

  • Built in 1973

Lot Details

  • Property is zoned C2

Home Design

  • 6,098 Sq Ft Home
  • Wood Frame Construction
  • Block Exterior

Flooring

  • Carpet
  • Concrete

Utilities

  • Central Air
  • Private Water Source

Community Details

  • Building Dimensions are 70 x 208 x 70 x 208
  • Under 5 Acres Subdivision

Listing and Financial Details

  • Tax Lot 097
  • Assessor Parcel Number 40824097

Property Details

Property Type

Other

Est. Annual Taxes

$8,088

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C2
  • Number Of Buildings: 1
  • Year Built: 1973
  • Tax Year: 2015
  • Co List Office Mls Id: rmxs01
  • Co List Office Phone: 928-282-4166
  • Subdivision Name: Under 5 Acres
  • Water Source Private Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Concrete
  • Living Area: 6098.0

Exterior Features

  • Construction Type: Wood Frame, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes

Utilities

  • Cooling: Central Air, Other
  • Cooling Y N: Yes
  • Water Source: Private
  • Main Cooling Other: Yes

Lot Info

  • Lot Size: 70 x 208 x 70 x 208
  • Parcel #: 40824097

Tax Info

  • Tax Annual Amount: 8088.0
  • Tax Lot: 097

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2019
Sold by
Nicholson Linda A and The Linda A Nicholson Revocabl
Bought by
Estes C Drake Properties Llc
Current Estimated Value
$1,501,091

Purchase Details

Closed on
Nov 28, 2016
Sold by
Nicholson Peter D and Nicholson Linda A
Bought by
Nicholson Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2005
Sold by
Nicholson Linda A
Bought by
Nicholson Linda A and The Linda A Nicholson Revocable Trust

Purchase Details

Closed on
Jul 2, 2004
Sold by
Nicholson Peter D
Bought by
Nicholson Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 2000
Sold by
Britton Bonney
Bought by
Keller Henry L

Purchase Details

Closed on
Jan 31, 1996
Sold by
Polati E J and Polati Jacquelyne A
Bought by
Polati Ernest J and Polati Jacquelyne A

Purchase Details

Closed on
Dec 13, 1995
Sold by
Smith Fern Campeau
Bought by
Polati E J and Polati Jacquelyne A
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Estes C Drake Properties Llc $875,000 Pioneer Title Agency
Nicholson Linda A -- Accommodation
Nicholson Peter D -- Accommodation
Nicholson Linda A -- --
Nicholson Linda A -- Capital Title Agency
Nicholson Linda A $1,000,000 Capital Title Agency
Keller Henry L -- Yavapai Coconino Title Agenc
Polati Ernest J -- --
Polati E J $500,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nicholson Peter D $280,000
Previous Owner Nicholson Linda A $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2019 12/11/19 Sold $875,000 -5.4% $143 / Sq Ft
04/27/2019 04/27/19 Pending -- -- --
03/31/2018 03/31/18 For Sale $925,000 -- $152 / 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 $7,698 -- -- --
2024 $7,756 -- -- --
2023 $7,756 $161,815 $63,934 $97,881
2022 $7,712 $118,417 $34,126 $84,291
2021 $7,968 $109,653 $31,138 $78,515
2020 $7,922 $0 $0 $0
2019 $7,911 $0 $0 $0
2018 $7,754 $0 $0 $0
2017 $8,402 $0 $0 $0
2016 $8,291 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 509258

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-24-097