NOT LISTED FOR SALE

Estimated Value: $1,711,701

Studio
-- Bath
10,466 Sq Ft
$164/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $1,700,000 $162 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $10,081/month

257 Days on Market

About This Home

As of May 2022

This 10466 sq. ft. metal building on 2.0 acres will become vacant upon the expiration of the existing lease to Unisource Gas on November 30, 2022. Unisource Gas is paying rent of $11,353 NNN per month. The property is well located near Highway 89A @ S. Willard Street. It adjoins Manzanita Medical Center, Northern Arizona Rehab and Fitness and vacant industrial land. The property has 4466 sq. ft. offices, a 5000 sq. ft. warehouse with two 12' x 16' rollup doors, a 1000 sq. ft. second floor mezzanine, a detached 1760 sq. ft. open front vehicle/material storage building and a 2106 sq. ft. covered carport. The property is also tentatively available for lease @ $.75/sq. ft. NNN following the tenant's lease expiration. Shown by appointment after 4 pm on weekdays only.

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 06/17/2021

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV Listed on: 06/17/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $14,536

Year Built

  • Built in 2001

Lot Details

  • Property is zoned I-2

Home Design

  • 10,466 Sq Ft Home
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Carpet
  • Concrete
  • Vinyl

Utilities

  • Heating System Uses Natural Gas
  • 220 Volts

Community Details

  • Building Dimensions are 436 x 200+/-
  • Commercial Only Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40608024r

Property Details

Property Type

Other

Est. Annual Taxes

$14,536

Year Built

Built in 2001

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: I-2
  • Number Of Buildings: 1
  • Year Built: 2001
  • Tax Year: 2021
  • Subdivision Name: Commercial Only
  • Electric 220: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Living Area: 10466.0

Exterior Features

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

Utilities

  • Electric: 220 Volts
  • Heating: Natural Gas
  • Green Building Features: Physcl Chlgd (SRmks)
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size: 436 x 200+/-
  • Parcel #: 40608024r

Tax Info

  • Tax Annual Amount: 14536.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
May 17, 2022
Sold by
Olson Ferris and Olson Peri
Bought by
Jibaro Holdings Llc
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$2,300,000
Sold Price
$1,700,000
Premium/Discount to List
-$600,000
-26.09%
Current Estimated Value
$1,711,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,701
Avg. Annual Appreciation
0.18%
Original Mortgage
$680,000
Outstanding Balance
$641,610
Interest Rate
5%
Estimated Equity
$1,070,091

Purchase Details

Closed on
Jan 1, 2002
Sold by
Cottonwood Industrial Llc
Bought by
Olson Ferris Michael and Olson Ferris Peri

Purchase Details

Closed on
Apr 29, 1999
Sold by
Collings Jerold L
Bought by
Olson Edward A and Olson Joann

Purchase Details

Closed on
Mar 26, 1997
Sold by
Collings Glenda M
Bought by
Collings Jerold L

Purchase Details

Closed on
Jan 24, 1997
Sold by
Collings Glenda M
Bought by
Collings Jerold L
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
Jibaro Holdings Llc $1,700,000 New Title Company Name
Olson Ferris Michael -- --
Olson Edward A -- First American Title Ins Co
Collings Jerold L -- Westitle Agency
Collings Jerold L -- Westitle Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jibaro Holdings Llc $680,000
Closed Jibaro Holdings Llc $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2022 05/25/22 Sold $1,700,000 -26.1% $162 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
06/17/2021 06/17/21 For Sale $2,300,000 -- $220 / 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 $12,919 -- -- --
2024 $13,067 -- -- --
2023 $13,067 $242,367 $47,831 $194,536
2022 $13,386 $192,376 $59,512 $132,864
2021 $14,536 $160,668 $59,512 $101,156
2020 $14,427 $0 $0 $0
2019 $14,313 $0 $0 $0
2018 $13,821 $0 $0 $0
2017 $13,287 $0 $0 $0
2016 $13,778 $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: 526876

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-08-024R

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