NOT LISTED FOR SALE

Estimated Value: $1,894,045

Studio
-- Bath
7,969 Sq Ft
$238/Sq Ft Est. Value

Sale Details

Date Sold: July 30, 2021

Last sale price $1,550,000 $195 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $11,268 / mo

91 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available

About This Home

As of July 2021

Fabulous location in Village of Oak Creek ! Possible conversion of buildings into Short term rentals!!!!!!!!Property is directly across street from Elements hotel and outlet mall. Fully rented. Very quaint plaza with history of hollywood film making. Amazing outdoor patio with red rock views of bell rock! Property has potential of adding second story. Front building has original fireplace. Property has three separate buildings. Highway frontage on busy 179 .Fully rented . see attached documents for rent roll income and expenses.

Last Agent to Sell the Property

Duplicate Account

Wise Choice Properties Listed on: 04/23/2021

Last Buyer's Agent

Jack McMahon

McMahon & Miller Commercial License #BR649715000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,529

Year Built

  • Built in 1975

Lot Details

  • Property is zoned C2

Home Design

  • 7,969 Sq Ft Home
  • Wood Frame Construction
  • Composition Roof
  • Metal Roof

Flooring

  • Carpet
  • Concrete

Utilities

  • Cooling Available
  • Heating Available
  • 220 Volts
  • Private Water Source

Community Details

  • Building Dimensions are approx.150x200
  • Lake Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40540218

Property Details

Property Type

Other

Est. Annual Taxes

$13,529

Year Built

Built in 1975

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C2
  • Year Built: 1975
  • Tax Year: 2020
  • Subdivision Name: Lake Square (Comm)
  • Electric 220: Yes
  • Roofing:Composition: Yes
  • Water Source Private Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Concrete
  • Living Area: 7969.0

Exterior Features

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

Utilities

  • Electric: 220 Volts
  • Cooling: Other
  • Heating: Electric
  • Green Building Features: Physcl Chlgd (SRmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Lot Info

  • Lot Size: approx.150x200
  • Parcel #: 40540218

Tax Info

  • Tax Annual Amount: 13529.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jul 12, 2021
Sold by
Sedona Ranch House Square Llc
Bought by
Brierra Enterprises Llc
Seller's Agent
Duplicate Account
Wise Choice Properties
Buyer's Agent
Jack McMahon
McMahon & Miller Commercial
List Price
$1,995,000
Sold Price
$1,550,000
Premium/Discount to List
-$445,000
-22.31%
Current Estimated Value
$1,894,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,045
Avg. Annual Appreciation
4.37%
Original Mortgage
$610,000
Outstanding Balance
$377,314
Interest Rate
2.93%
Mortgage Type
Commercial
Estimated Equity
$1,516,731

Purchase Details

Listed on
Sep 17, 2013
Closed on
Feb 25, 2015
Sold by
Badiaco John J and Badiaco Barbara A
Bought by
Sedona Ranch House Square Llc
Seller's Agent
Mark T. Belsanti
da Vinci Realty
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$950,000
Sold Price
$710,000
Premium/Discount to List
-$240,000
-25.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%
Original Mortgage
$410,000
Interest Rate
3.75%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Sep 17, 2013
Closed on
Feb 3, 2015
Sold by
Ranch House Square Llc
Bought by
Badiaco John J and Badiaco Barbara A
Seller's Agent
Mark T. Belsanti
da Vinci Realty
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$950,000
Sold Price
$710,000
Premium/Discount to List
-$240,000
-25.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
3.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 7, 2004
Sold by
Hughes Jeffrey D
Bought by
Ranch House Square Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
5.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 2004
Sold by
The Nancy P Hughes Revocable Trust
Bought by
Ranch House Square Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
5.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2004
Sold by
Hughes Nancy P
Bought by
Hughes Nancy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
5.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 1998
Sold by
Frazier James Thomas and Frazier Betty S
Bought by
Pueblo Inn Motel Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,000
Interest Rate
6.9%

Purchase Details

Closed on
Dec 12, 1997
Sold by
Hughes Andrew A and Hughes Nancy P
Bought by
Hughes Andrew A and Hughes Nancy P
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
Brierra Enterprises Llc $1,550,000 Yavapai Title Agency Inc
Sedona Ranch House Square Llc -- Stewart Title & Trust Of Pho
Badiaco John J $710,000 Stewart Title & Trust
Ranch House Square Llc -- Transnation Title
Ranch House Square Llc $460,714 Transnation Title
Hughes Nancy P -- --
Pueblo Inn Motel Inc -- First American Title
Hughes Andrew A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brierra Enterprises Llc $610,000
Previous Owner Badiaco John J $410,000
Previous Owner Ranch House Square Llc $495,000
Previous Owner Pueblo Inn Motel Inc $699,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2021 07/30/21 Sold $1,550,000 -22.3% $195 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $1,995,000 +181.0% $250 / Sq Ft
02/03/2015 02/03/15 Sold $710,000 -25.3% $91 / Sq Ft View Prior Sale
01/30/2015 01/30/15 Pending -- -- --
09/17/2013 09/17/13 For Sale $950,000 -- $122 / 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 $12,811 -- -- --
2024 $12,825 -- -- --
2023 $12,825 $205,629 $92,135 $113,494
2022 $12,965 $196,741 $105,253 $91,488
2021 $13,528 $165,430 $84,202 $81,228
2020 $13,529 $0 $0 $0
2019 $13,396 $0 $0 $0
2018 $12,786 $0 $0 $0
2017 $12,565 $0 $0 $0
2016 $12,400 $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: 525654

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-40-218

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