NOT LISTED FOR SALE

Estimated Value: $749,387

-- Bed
-- Bath
2,340 Sq Ft
$320/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $700,000 $299 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,185/month

57 Days on Market

About This Home

As of December 2023

Huge Price Reduction! Terrific opportunity to own a commercial building on one of the busiest streets in Flagstaff. Tremendous amount of new development happening within a mile to the south of this building. Call me to find out more about what the long term prospects might be for this property. Owners are willing to include the business with an acceptable offer and all salon fixtures would convey with an offer acceptable to the sellers. Owners are also willing to carry a note with negotiable terms, or possibly even lease the space with negotiable terms. Entire building has been updated since 2014, which includes a newer roof, newer A/C and heating system, newer 400 amp electric service, and more. Zoning is Community Commercial, which will accommodate multiple types of uses.

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 09/09/2023

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV Listed on: 09/09/2023

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,439

Year Built

  • Built in 1983

Home Design

  • 2,340 Sq Ft Home
  • Wood Frame Construction
  • Composition Roof

Additional Features

  • Property is zoned Community Comm
  • Central Air

Community Details

  • Commercial Only Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10703021a

Property Details

Property Type

Other

Est. Annual Taxes

$3,439

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: Community Comm
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2022
  • Subdivision Name: Commercial Only
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Living Area: 2340.0

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Composition
  • Construction:Frame - Wood2: Yes

Utilities

  • Cooling: Central Air
  • Green Building Features: Physcl Chlgd (SRmks)
  • Cooling Y N: Yes
  • Water Source: City Franchise

Lot Info

  • Parcel #: 10703021a

Tax Info

  • Tax Annual Amount: 3439.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2023
Closed on
Dec 1, 2023
Sold by
Henning And Henning Llc
Bought by
2029 4Th St Llc
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$895,000
Sold Price
$700,000
Premium/Discount to List
-$195,000
-21.79%
Current Estimated Value
$749,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,387
Avg. Annual Appreciation
3.35%
Original Mortgage
$420,000
Outstanding Balance
$412,504
Interest Rate
7.63%
Mortgage Type
Seller Take Back
Estimated Equity
$336,883

Purchase Details

Closed on
Jun 16, 2016
Sold by
Henning Nathan and Henning Amber
Bought by
Henning & Henning Llc

Purchase Details

Closed on
Jun 20, 2014
Sold by
Kocisko Wayne M
Bought by
Henning Nathan and Henning Amber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 15, 2003
Sold by
Kocisko Martha C
Bought by
Kocisko Wayne M

Purchase Details

Closed on
Oct 14, 1999
Sold by
Kcl Enterprises
Bought by
Kocisko Wayne M and Kocisko Martha C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 1996
Sold by
Cash Eddie L
Bought by
K C L Enterprises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.99%
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
2029 4Th St Llc -- Pioneer Title
2029 4Th St Llc -- Pioneer Title
Henning & Henning Llc -- Accommodation
Henning & Henning Llc -- Accommodation
Henning Nathan $375,000 Stewart Title & Trust Of Pho
Henning Nathan $375,000 Stewart Title & Trust Of Pho
Kocisko Wayne M -- First American Title Insuran
Kocisko Wayne M -- First American Title Insuran
Kocisko Wayne M -- First American Title
Kocisko Wayne M -- First American Title
K C L Enterprises $65,000 Fidelity National Title
K C L Enterprises $65,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2029 4Th St Llc $420,000
Previous Owner Henning Nathan $310,000
Previous Owner Kocisko Wayne M $76,000
Previous Owner K C L Enterprises $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2023 12/01/23 Sold $700,000 0.0% $299 / Sq Ft
12/01/2023 12/01/23 Sold $700,000 -11.9% $299 / Sq Ft View Prior Sale
11/05/2023 11/05/23 Pending -- -- --
11/05/2023 11/05/23 Pending -- -- --
11/02/2023 11/02/23 Price Changed $795,000 -11.2% $340 / Sq Ft
09/09/2023 09/09/23 For Sale $895,000 0.0% $382 / Sq Ft
06/21/2023 06/21/23 Price Changed $895,000 -8.2% $382 / Sq Ft
04/29/2023 04/29/23 For Sale $975,000 -- $417 / 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
2025 $3,255 $40,130 -- --
2024 $3,255 $38,832 -- --
2023 $3,439 $37,544 $0 $0
2022 $3,439 $41,780 $0 $0
2021 $3,548 $41,866 $0 $0
2020 $3,449 $40,848 $0 $0
2019 $3,383 $39,528 $0 $0
2018 $3,291 $39,807 $0 $0
2017 $3,095 $33,768 $0 $0
2016 $3,216 $33,594 $0 $0
2015 $3,597 $38,021 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 534015

Arizona Regional Multiple Listing Service (ARMLS)

APN: 107-03-021A