NOT LISTED FOR SALE

Estimated Value: $1,076,391

Studio
-- Bath
10,133 Sq Ft
$106/Sq Ft Est. Value

Last Sold January 04, 2012

Last sale price $205,000 $20 Per Sq Ft

Est. 425% increase in value since last sale

Current estimated payment $6,705/month

503 Days on Market

About This Home

As of January 2012

The owner has substantially reduced the price, and is now ready to look at A REALISTIC OFFER. She may also carry. Although the zoning is R-3, the building has had many uses over the years including artists studios and a light industrial business. It could be turned into a great B&B or antique mall. It would also make a good charter school, especially with the Town ballfield right next door. Retirement apartments would be another idea. One party had considered turning it into a hotel for riders of the Arizona Central Railroad which has its terminal nearby. The wide hallways, high ceilings, 10 large classrooms with large windows, hardwood floors and downstairs storage areas lend themselves to many possibilities. Most of the land around the building has n... (see supplement for full remarks) The owner has substantially reduced the price, and is now ready to look at A REALISTIC OFFER. She may also carry. Although the zoning is R-3, the building has had many uses over the years including artists studios and a light industrial business. It could be turned into a great B&B or antique mall. It would also make a good charter school, especially with the Town ballfield right next door. Retirement apartments would be another idea. One party had considered turning it into a hotel for riders of the Arizona Central Railroad which has its terminal nearby. The wide hallways, high ceilings, 10 large classrooms with large windows, hardwood floors and downstairs storage areas lend themselves to many possibilities. Most of the land around the building has not been used for many years and could be turned into parking, landscaping, or recreational facilities. The interior of the building is a work in progress, so the buyer will have the opportunity to finish the remodeling as desired..

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 08/15/2010

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV Listed on: 08/15/2010

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,060

Year Built

  • Built in 1917

Lot Details

  • Property is zoned R-3

Home Design

  • 10,133 Sq Ft Home
  • Block Exterior
  • Stucco

Flooring

  • Wood
  • Carpet
  • Concrete
  • Vinyl

Utilities

  • 220 Volts
  • Master Water Meter

Community Details

  • Clkdale Twnsp Subdivision

Listing and Financial Details

  • Tax Lot 01
  • Assessor Parcel Number 40003117B

Property Details

Property Type

Other

Est. Annual Taxes

$5,060

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1917
  • Tax Year: 2011
  • Subdivision Name: Clkdale Twnsp
  • Electric 220: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl, Wood, Concrete
  • Living Area: 10133.0

Exterior Features

  • Construction Type: Stucco, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Utilities

  • Electric: 220 Volts, Master Meter
  • Water Source: City Franchise, Master Meter
  • Electric Master Meter: Yes

Lot Info

  • Parcel #: 40003117B

Tax Info

  • Tax Annual Amount: 5060.0
  • Tax Lot: 01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2009
Sold by
Phinney William R and Phinney Deneill A
Bought by
Graziano Margaret
Current Estimated Value
$1,076,391

Purchase Details

Closed on
Nov 14, 2006
Sold by
Phinney William R and Phinney Deneill A
Bought by
The Old Schoolhouse Inn Of Clarkdale Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.36%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 13, 2006
Sold by
Graziano Margaret and Miller Carrie J
Bought by
Phinney William R and Phinney Deneill A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.36%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 15, 2006
Sold by
Seeley William A and Williams Stephanie F
Bought by
Graziano Margaret and Miller Carrie J
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
Graziano Margaret $650,123 Lawyers Title Of Arizona
The Old Schoolhouse Inn Of Clarkdale Lp -- Transnation Title Ins Co
Phinney William R $650,000 Transnation Title Ins Co
Graziano Margaret $550,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phinney William R $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2012 01/04/12 Sold $205,000 -65.5% $20 / Sq Ft
12/31/2011 12/31/11 Pending -- -- --
08/15/2010 08/15/10 For Sale $595,000 -- $59 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 127375

Arizona Regional Multiple Listing Service (ARMLS)

APN: 400-03-117B