NOT LISTED FOR SALE

Estimated Value: $1,473,336

Studio
-- Bath
4,851 Sq Ft
$304/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $1,483,000 $306 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,523/month

55 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • Heating Available
  • Manuel Demiguel Elementary School Rated A-

About This Home

As of September 2024

Income property with established tenants. Significant upside potential. Two tenants (Sedona Beer Company & Bloom Dispensary). Parking onsite & 50+ public parking spots adjacent (City of Sedona lot). Walking distance to all of Uptown. Fantastic red rock views.

Last Agent to Sell the Property

Jack McMahon

McMahon & Miller Commercial License #BR649715000 Listed on: 08/06/2024

Last Buyer's Agent

Kaitlynn Schabatka

RE/MAX Sedona License #SA645367000

RE/MAX Sedona

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,284

Year Built

  • Built in 1970

Lot Details

  • Property is zoned CO

Home Design

  • 4,851 Sq Ft Home
  • Wood Frame Construction
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Vinyl

Utilities

  • Central Air
  • Heating Available

Community Details

  • 2 Buildings
  • Commercial Only Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40115022a

Property Details

Property Type

Other

Est. Annual Taxes

$8,284

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: CO
  • Number Of Buildings: 2
  • Year Built: 1970
  • Tax Year: 2023
  • Subdivision Name: Commercial Only
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Living Area: 4851.0

Exterior Features

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

Utilities

  • Electric: Individual Meter
  • Cooling: Central Air
  • Heating: Other
  • Green Building Features: Physcl Chlgd (SRmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter

Lot Info

  • Parcel #: 40115022a

Tax Info

  • Tax Annual Amount: 8284.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Sep 17, 2024
Sold by
Shirai Trust and Sadler Elisabeth
Bought by
Jordan Road Llc
Seller's Agent
Jack McMahon
McMahon & Miller Commercial
Buyer's Agent
Kaitlynn Schabatka
RE/MAX Sedona
List Price
$1,599,000
Sold Price
$1,483,000
Premium/Discount to List
-$116,000
-7.25%
Current Estimated Value
$1,473,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,664
Avg. Annual Appreciation
-0.49%
Original Mortgage
$619,000
Outstanding Balance
$611,470
Interest Rate
6.49%
Estimated Equity
$861,866

Purchase Details

Closed on
Jun 28, 1994
Sold by
Shirai Masako
Bought by
Shirai Masako
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
Jordan Road Llc $1,483,000 Pioneer Title
Shirai Masako -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Road Llc $619,000
Closed Jordan Road Llc $752,016
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $1,483,000 -7.3% $306 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
08/06/2024 08/06/24 For Sale $1,599,000 -- $330 / 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
2025 $8,449 $167,817 -- --
2024 $8,449 $149,097 -- --
2023 $8,284 $130,705 $0 $0
2022 $8,225 $127,188 $0 $0
2021 $8,199 $127,609 $0 $0
2020 $8,074 $126,832 $0 $0
2019 $7,845 $116,162 $0 $0
2018 $7,703 $107,556 $0 $0
2017 $7,653 $93,747 $0 $0
2016 $7,540 $90,924 $0 $0
2015 $7,295 $83,986 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 536755

Arizona Regional Multiple Listing Service (ARMLS)

APN: 401-15-022A