NOT LISTED FOR SALE

Estimated Value: $483,307

Studio
-- Bath
1,265 Sq Ft
$382/Sq Ft Est. Value

Sale Details

Date Sold: August 25, 2022

Last sale price $425,000 $336 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,760 / mo

44 Days on Market

Highlights

  • Central Air
  • Carpet
  • Heat Pump System

About This Home

As of August 2022

Great commercial building in the Village of Oak Creek, Sedona. High visibility from the road, and convenient access to Hwy 179 and then to I-17. This lot is fully built out at 1265 sf, 3 units with a total of 4 offices, reception area, small inner courtyard, 1 shared interior bath & 1 exterior bath. 3-zone heating & cooling. Single level, no stairs. Existing furniture is included with the exception of a few personal items, to be verified. Configure this space to your needs. Owner has the option to rent separate spaces. Village Square is 12 individual lots, each lot has a proportionate share of the parking lot. Seller may carry with 50% down. Back of building is drainage way and not to be used for vehicular traffic. New roof 2016. Like-new carpet in back room.

Last Agent to Sell the Property

Lisa Frost

Coldwell Banker Realty License #BR116904000 Listed on: 07/03/2022

Coldwell Banker Realty

Last Buyer's Agent

Lisa Frost

Coldwell Banker Realty License #BR116904000 Listed on: 07/03/2022

Coldwell Banker Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,993

Year Built

  • Built in 1992

Lot Details

  • Property is zoned C2-2

Home Design

  • Wood Frame Construction
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,265 Sq Ft Home
  • Carpet

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source

Community Details

  • Building Dimensions are 25x70
  • Village Square Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 40540005

Property Details

Property Type

Other

Est. Annual Taxes

$1,993

Year Built

Built in 1992

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C2-2
  • Number Of Buildings: 1
  • Year Built: 1992
  • Tax Year: 2021
  • Subdivision Name: Village Square
  • Water Source Private Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet
  • Living Area: 1265.0

Exterior Features

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

Utilities

  • Electric: Individual Meter
  • Cooling: Central Air, Other, Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private, Individual Meter
  • Heating:Heat Pump2: Yes
  • Main Cooling Other: Yes

Lot Info

  • Lot Size: 25x70
  • Parcel #: 40540005

Tax Info

  • Tax Annual Amount: 1993.0
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2024
Sold by
Sacred Home Llc
Bought by
Naz Property Group Llc
Current Estimated Value
$483,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$373,644
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$109,663

Purchase Details

Listed on
Jul 3, 2022
Closed on
Aug 15, 2022
Sold by
Benson Family Trust
Bought by
Sacred Home Llc
Seller's Agent
Lisa Frost
Coldwell Banker Realty
Buyer's Agent
Lisa Frost
Coldwell Banker Realty
List Price
$445,000
Sold Price
$425,000
Premium/Discount to List
-$20,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Original Mortgage
$212,500
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2017
Sold by
Benson Barbara A
Bought by
Benson Barbara A and Benson Thomas W
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
Naz Property Group Llc $475,000 Empire Title
Sacred Home Llc -- Yavapai Title Agency
Benson Barbara A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naz Property Group Llc $380,000
Previous Owner Sacred Home Llc $212,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2022 08/25/22 Sold $425,000 -4.5% $336 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
07/03/2022 07/03/22 For Sale $445,000 -- $352 / 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 $1,887 -- -- --
2024 $1,889 -- -- --
2023 $1,889 $32,139 $5,899 $26,240
2022 $1,910 $26,589 $4,958 $21,631
2021 $1,993 $23,153 $3,966 $19,187
2020 $1,993 $0 $0 $0
2019 $1,973 $0 $0 $0
2018 $1,883 $0 $0 $0
2017 $1,833 $0 $0 $0
2016 $1,809 $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: 530618

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-40-005

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