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Seller's Agent in 2022
Matthew Fish
Prescott Commercial Real Estat
Estimated Value: $1,187,504
Studio
--
Bath
11,012
Sq Ft
$108/Sq Ft
Est. Value
Highlights
- Central Air
- Concrete Flooring
- Heating System Uses Natural Gas
- Lincoln Elementary School Rated A-
About This Home
As of March 2022On the Market for the first time in 49 years! This 7-unit multi-tenant shopping center is a perfect addition to your portfolio. The property is 100% occupied by 6 separate tenants, new roof in February of 2022, 33 parking spaces, zoned business general, and offers great exposure along Miller Valley Road. There are a lot of upsides in increasing under market base rents, adding NNN's to the gross leases, and renegotiating month to month leases. Current financials and pro-forma available with a signed NDA.
Last Agent to Sell the Property
Matthew Fish
Prescott Commercial Real Estat Listed on: 03/09/2022
Last Buyer's Agent
Matthew Fish
Prescott Commercial Real Estat Listed on: 03/09/2022
Property Details
Property Type
- Other
Est. Annual Taxes
- $9,025
Year Built
- Built in 1982
Lot Details
- Property is zoned BG
Home Design
- 11,012 Sq Ft Home
- Brick Exterior Construction
- Wood Frame Construction
- Block Exterior
Flooring
- Carpet
- Concrete
Utilities
- Central Air
- Heating System Uses Natural Gas
- 220 Volts
- Septic Tank
Community Details
- Commercial Only Subdivision
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 11307012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2022
Closed on
Mar 29, 2022
Sold by
Orville F Heuer Family Trust
Bought by
Rjh Property Llc
Seller's Agent
Matthew Fish
Prescott Commercial Real Estat
Buyer's Agent
Matthew Fish
Prescott Commercial Real Estat
List Price
$1,400,000
Sold Price
$1,200,000
Premium/Discount to List
-$200,000
-14.29%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,496
Avg. Annual Appreciation
-0.26%
Original Mortgage
$900,000
Outstanding Balance
$844,085
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$343,419
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rjh Property Llc | $1,200,000 | Yavapai Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rjh Property Llc | $900,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/31/2022 03/31/22 | Sold | $1,200,000 | -14.3% | $109 / Sq Ft |
| 03/31/2022 03/31/22 | Pending | -- | -- | -- |
| 03/09/2022 03/09/22 | For Sale | $1,400,000 | -- | $127 / 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 | $8,265 | -- | -- | -- |
| 2024 | $8,342 | -- | -- | -- |
| 2023 | $8,342 | $197,751 | $39,954 | $157,797 |
| 2022 | $8,416 | $181,130 | $60,816 | $120,314 |
| 2021 | $9,025 | $182,921 | $60,816 | $122,105 |
| 2020 | $9,041 | $0 | $0 | $0 |
| 2019 | $8,926 | $0 | $0 | $0 |
| 2018 | $8,610 | $0 | $0 | $0 |
| 2017 | $8,212 | $0 | $0 | $0 |
| 2016 | $8,265 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 529198
APN: 113-07-012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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