NOT LISTED FOR SALE

Estimated Value: $1,835,862

Studio
-- Bath
12,896 Sq Ft
$142/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $1,400,000 $109 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $10,186/month

111 Days on Market

Highlights

  • Wood Flooring
  • Clarkdale-Jerome Elementary School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of December 2020

Designed by Arthur Rolland Kelly of Los Angeles, this building was constructed in 1917 & was Jerome's 3rd hospital until it was vacated in 1927. The style is an eclectic mix of Italianate & Mission design. The three-story building has concrete walls & floors all poured in place. The lovely vaulted ceilings, columns & large windows are a tribute to its creators. It was converted to a clubhouse in 1927 with a large library on the first floor and men's & women's lounges, card playing rooms and a grand ballroom on the upper floors. After 1952, the building sat vacant for many years & is now transitioning into residences. So many possibilities for this beautiful building with panoramic views. Plans are in place for an 8 unit condo type renovation. Commercial/residential.

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 08/19/2020

Co-Listed By

Ken Robertson

Russ Lyon Sotheby's International Realty License #BR527867000

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Ken Robertson

Russ Lyon Sotheby's International Realty License #BR527867000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,093

Year Built

  • Built in 1917

Lot Details

  • Property is zoned C-1/R1-5

Home Design

  • 12,896 Sq Ft Home
  • Metal Siding
  • Stucco

Flooring

  • Wood
  • Concrete

Utilities

  • Heating System Uses Natural Gas
  • 220 Volts

Community Details

  • Under 5 Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40107169a

Property Details

Property Type

Other

Est. Annual Taxes

$7,093

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C-1/R1-5
  • Number Of Buildings: 1
  • Year Built: 1917
  • Tax Year: 2019
  • Co List Office Mls Id: lyon23
  • Co List Office Phone: 928-282-5966
  • Subdivision Name: Under 5 Acres
  • Electric 220: Yes
  • Water Source City Franchise: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood, Concrete
  • Living Area: 12896.0

Exterior Features

  • Construction Type: See Remarks, Stucco, Metal Siding
  • Roof: Rolled/Hot Mop
  • Construction:Metal: Yes
  • Construction:Stucco2: Yes

Utilities

  • Electric: 220 Volts
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Lot Info

  • Parcel #: 40107169a

Tax Info

  • Tax Annual Amount: 7093.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Dec 8, 2020
Sold by
The Jerome Clubhouse Llc
Bought by
Red Iron Construction Llc
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Ken Robertson
Russ Lyon Sotheby's International Realty
List Price
$1,400,000
Sold Price
$1,400,000
Current Estimated Value
$1,835,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,862
Avg. Annual Appreciation
5.62%
Original Mortgage
$100,000
Outstanding Balance
$89,046
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$1,760,280
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Red Iron Construction Llc $1,400,000 Yavapai Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Red Iron Construction Llc $100,000
Open Red Iron Construction Llc $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $1,400,000 0.0% $109 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $1,400,000 -- $109 / 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 $7,035 -- -- --
2024 $7,102 -- -- --
2023 $7,102 $195,377 $26,432 $168,945
2022 $7,112 $162,682 $18,843 $143,839
2021 $7,463 $144,067 $18,567 $125,500
2020 $7,211 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 523915

Arizona Regional Multiple Listing Service (ARMLS)

APN: 401-07-169A