NOT LISTED FOR SALE
Studio
-- Bath
6,278 Sq Ft
1983 Built

Sale Details

Date Sold: January 24, 2013

Last sale price $1,100,000 $175 Per Sq Ft

224 Days on Market

Highlights

  • Concrete Flooring
  • Manuel Demiguel Elementary School Rated A-
  • No Heating

About This Home

As of January 2013

One of the most viable commercial locations in all of Sedona!! Not only is this two-parcel, .79acre, lot ON Oak Creek, but it goes ACROSS Oak Creek as well!! The 6,278 sq ft, like-new building is situated at the pedestrian bridge and round-about on Hwy 179, a stone's throw from world famous Tlaqupaque's wonderful shops. The remodel design by Sedona's well known Charles Van Block blends into the natural surroundings as well as combining the neighboring historic Sedona and elegant old-Mexico flavors. The creekside level is 2,440 sq ft, permitting both interior and outside seating for a cafe. The street level has been nearly completed for retail space of 2,296 sq ft. The top level, also nearly completed, is 1,542 sq ft. All three levels are connected by a... (see supplement for full remark One of the most viable commercial locations in all of Sedona!! Not only is this two-parcel, .79acre, lot ON Oak Creek, but it goes ACROSS Oak Creek as well!! The 6,278 sq ft, like-new building is situated at the pedestrian bridge and round-about on Hwy 179, a stone's throw from world famous Tlaqupaque's wonderful shops. The remodel design by Sedona's well known Charles Van Block blends into the natural surroundings as well as combining the neighboring historic Sedona and elegant old-Mexico flavors. The creekside level is 2,440 sq ft, permitting both interior and outside seating for a cafe. The street level has been nearly completed for retail space of 2,296 sq ft. The top level, also nearly completed, is 1,542 sq ft. All three levels are connected by an elevator shaft as well as interior stairs. The flowing sound of Oak Creek melodiously complements the red rock views from many of the building's large windows, making this one desirably unique Sedona commercial property!

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 06/08/2012

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV Listed on: 06/08/2012

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,378

Year Built

  • Built in 1983

Lot Details

  • Property is zoned C1

Home Design

  • Wood Frame Construction
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,278 Sq Ft Home
  • Concrete Flooring

Utilities

  • No Heating
  • 220 Volts
  • Master Water Meter

Community Details

  • Hart Village Subdivision

Listing and Financial Details

  • Tax Lot C & D
  • Assessor Parcel Number 40118066A

Property Details

Property Type

Other

Est. Annual Taxes

$8,378

Year Built

Built in 1983

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C1
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2011
  • Subdivision Name: Hart Village
  • Electric 220: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 6278.0

Exterior Features

  • Construction Type: Wood Frame, Stucco, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Utilities

  • Electric: 220 Volts, Individual Meter, Master Meter
  • Heating: None
  • Green Building Features: Physcl Chlgd (SRmks)
  • Heating Yn: No
  • Water Source: City Franchise, Master Meter, Individual Meter
  • Electric Master Meter: Yes
  • Heating:None29: Yes

Lot Info

  • Parcel #: 40118066A

Tax Info

  • Tax Annual Amount: 8378.0
  • Tax Lot: C & D

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2021
Sold by
Tracy/Trevillyan Revocable Trust and Tracy David A
Bought by
115 Schnebly Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,451,491
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2012
Closed on
Jan 2, 2013
Sold by
Chung Joon and Chung Hwa K
Bought by
25 Schnedbly Hill Llc
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$1,550,000
Sold Price
$1,100,000
Premium/Discount to List
-$450,000
-29.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,080
Interest Rate
3.32%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 22, 2002
Sold by
Steele Raymond J and Steele Sally V
Bought by
Chung Joon and Chung Hwa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.03%
Mortgage Type
Seller Take Back
Source: Public Records
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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
115 Schnebly Llc -- First American Title
25 Schnedbly Hill Llc $1,100,000 Pioneer Title Agency Inc
Chung Joon $1,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 115 Schnebly Llc $5,000,000
Previous Owner 25 Schnedbly Hill Llc $567,080
Previous Owner 25 Schnedbly Hill Llc $996,400
Previous Owner Chung Joon $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2013 01/24/13 Sold $1,100,000 -29.0% $175 / Sq Ft
01/18/2013 01/18/13 Pending -- -- --
06/08/2012 06/08/12 For Sale $1,550,000 -- $247 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $16,730 $395,113 -- --
2024 $16,730 $337,339 -- --
2023 $16,403 $273,392 $0 $0
2022 $16,285 $242,662 $0 $0
2021 $16,233 $220,165 $0 $0
2020 $15,986 $206,496 $0 $0
2019 $16,229 $205,480 $0 $0
2018 $16,482 $202,414 $0 $0
2017 $16,814 $199,536 $0 $0
2016 $1,219 $188,521 $0 $0
2015 $16,576 $196,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 133389

Arizona Regional Multiple Listing Service (ARMLS)

APN: 401-18-066B

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