NOT LISTED FOR SALE

Estimated Value: $5,933,405

Studio
-- Bath
3,070 Sq Ft
$1,933/Sq Ft Est. Value

Sale Details

Date Sold: December 3, 2014

Last sale price $1,057,500 $344 Per Sq Ft

Est. 461% increase in value since last sale

Current estimated payment $33,206 / mo

10 Days on Market

About This Home

As of December 2014

Reproduction of a Venice, Italy villa, this gem with Red Rock views, centrally located in preferred West Sedona, provides a standard of grace and epicurean experience for all since 1997. Purchase includes the building, land; equipment/furnishings optional.5 acre land. Easy access from W. SR 89A, located among newer architectural buildings, is an added value for the discriminating buyer. 39 parking spaces provide for this busy restaurant. Exterior has custom paint, interior is open, bright and has a contemporary Italian trattoria gathering place feel to the loyal customer base. Separate restroom facilities are handicap accessible. Outdoor patio, with great views, can be heated for additional seating capacity beyond the 72 paid interior seats. Host area an... (see supplement for full remarks
Reproduction of a Venice, Italy villa, this gem with Red Rock views, centrally located in preferred West Sedona, provides a standard of grace and epicurean experience for all since 1997. Purchase includes the building, most furnishings (call for list), .5 acre land. Easy access from W. SR 89A, located among newer architectural buildings, is an added value for the discriminating buyer. 39 parking spaces provide for this busy restaurant. Exterior has custom paint, interior is open, bright and has a contemporary Italian trattoria gathering place feel to the loyal customer base. Separate restroom facilities are handicap accessible. Outdoor patio, with great views, can be heated for additional seating capacity beyond the 72 paid interior seats. Host area and kitchen counters have an elegant look with upgraded granite, cabinetry. Seamless stainless steel hoods in the cooking area, add to the contemporary look of the commercial kitchen. Facility was totally remodeled except for utility area.

Last Agent to Sell the Property

Carol Pinciaro

REAL ESTATE BROKERS OF SEDONA License #BR526272000 Listed on: 10/20/2014

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,037

Year Built

  • Built in 1990

Lot Details

  • Property is zoned C-1

Home Design

  • 3,070 Sq Ft Home
  • Tile Roof
  • Block Exterior
  • Stucco

Utilities

  • Central Air
  • 220 Volts

Community Details

  • Commercial Only Subdivision

Listing and Financial Details

  • Tax Lot M&B
  • Assessor Parcel Number 40826083

Property Details

Property Type

Other

Est. Annual Taxes

$10,037

Year Built

Built in 1990

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Number Of Buildings: 1
  • Year Built: 1990
  • Tax Year: 2012
  • Subdivision Name: Commercial Only
  • Electric 220: Yes
  • Water Source City Franchise: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Living Area: 3070.0
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Construction Type: Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Utilities

  • Electric: 220 Volts, Individual Meter
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: City Franchise, Individual Meter

Lot Info

  • Parcel #: 40826083

Tax Info

  • Tax Annual Amount: 10037.0
  • Tax Lot: M&B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2020
Sold by
Niki Holdings Lp
Bought by
Herzberg Barbara Bloome and Barbara Bloome Herzberg Living
Current Estimated Value
$5,933,405

Purchase Details

Closed on
Dec 6, 2017
Sold by
Ruffin Tech Center Llc
Bought by
Niki Holdings Lp and Exeter 1733 De Llc

Purchase Details

Closed on
Dec 31, 2016
Sold by
Ruffin Tech Center Ltd
Bought by
Niki Holdings Lp

Purchase Details

Listed on
Oct 20, 2014
Closed on
Dec 1, 2014
Sold by
Troias Property 1885 Llc
Bought by
Ruffin Tech Center Ltd
Seller's Agent
Carol Pinciaro
REAL ESTATE BROKERS OF SEDONA
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$1,195,000
Sold Price
$1,057,500
Premium/Discount to List
-$137,500
-11.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.41%

Purchase Details

Closed on
Jan 24, 2001
Sold by
The Comworks Group Inc
Bought by
Freedman Richard

Purchase Details

Closed on
May 24, 1996
Sold by
Franchise Finance Corp Of America
Bought by
Troia Samuel J and Troia Rosanne
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
Herzberg Barbara Bloome $3,455,000 Chicago Title Agency
Niki Holdings Lp $1,490,080 First American Title Ncs San
Niki Holdings Lp -- First American Title Ncs San
Niki Holdings Lp $318,513 None Available
Ruffin Tech Center Ltd $1,057,500 Lawyers Title
Freedman Richard $200,000 Yavapai Title Agency
Troia Samuel J $545,000 First American Title Ins
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2014 12/03/14 Sold $1,057,500 -11.5% $344 / Sq Ft
10/30/2014 10/30/14 Pending -- -- --
10/20/2014 10/20/14 For Sale $1,195,000 -- $389 / 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
2026 $15,017 -- -- --
2024 $15,063 -- -- --
2023 $15,063 $245,206 $107,789 $137,417
2022 $15,224 $232,527 $94,547 $137,980
2021 $15,913 $214,176 $85,952 $128,224
2020 $15,913 $0 $0 $0
2019 $15,760 $0 $0 $0
2018 $15,044 $0 $0 $0
2017 $14,638 $0 $0 $0
2016 $11,326 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 134396

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-26-083

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