NOT LISTED FOR SALE

Estimated Value: $421,512 - $492,000

Studio
3 Baths
3,676 Sq Ft
$122/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $400,000 $109 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,407/month

8 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Clarkdale-Jerome Elementary School Rated A-

About This Home

As of May 2023

7 units: a streetfront retail, 4 viable and presentable apartments plus 2 vacant apartments that were recently getting a face lift, each with its own deck with incredible views! Each 1 bedroom and 1 bath, plus a coin-op laundry room that hasn't been used for a while. You get 2 Jerome Main Street commercial lots, 401-06-036 and 401-06-034A. You'll see clawfoot bathtubs, original 6-panel doors, transoms, brick archways, wavy old glass. 2 units have new instant gas hot water heaters, and the entire building was re-plumbed with copper. You'll finish the recent remodel on the 1 apartment and start remodeling the other apartment, plus paint the front retail space. If this building were lined out it would be priced at twice what they're asking! Proof of cash available required before showing.

Last Agent to Sell the Property

Carol Anne Teague

Realty ONE Group Mountain Desert Brokerage Phone: 928-300-9031 License #BR036329000 Listed on: 05/09/2023

Realty ONE Group Mountain Desert

Last Buyer's Agent

Carol Anne Teague

Realty ONE Group Mountain Desert Brokerage Phone: 928-300-9031 License #BR036329000 Listed on: 05/09/2023

Realty ONE Group Mountain Desert

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $876

Year Built

  • Built in 1912

Home Design

  • Wood Frame Construction

Flooring

  • Wood Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • 7 Units
  • Building Dimensions are 54 X 15 X 12 X 60 X 23 X 10 X 33 X 6 X 61 +-
  • Jerome Subdivision

Listing and Financial Details

  • Tax Lot 32+
  • Assessor Parcel Number 40106036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$876

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: C-1
  • Number Of Buildings: 1
  • Year Built: 1912
  • Tax Year: 2022
  • Subdivision Name: Jerome
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No

Utilities

  • Cooling: Window/Wall Unit
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes

Lot Info

  • Lot Size: 54 X 15 X 12 X 60 X 23 X 10 X 33 X 6 X 61 +-
  • Parcel #: 40106036

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Annual Amount: 876.0
  • Tax Lot: 32+

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
May 24, 2023
Sold by
1299 Properties Inc
Bought by
414 Clark Street Llc
Seller's Agent
Carol Anne Teague
Realty ONE Group Mountain Desert
Buyer's Agent
Carol Anne Teague
Realty ONE Group Mountain Desert
List Price
$499,000
Sold Price
$400,000
Premium/Discount to List
-$99,000
-19.84%
Views
21
Current Estimated Value
$446,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,184
Avg. Annual Appreciation
4.61%

Purchase Details

Closed on
Oct 8, 2020
Sold by
Hayman Birgit K and The Birgit K Hayman Family Tru
Bought by
1299 Properties Llc

Purchase Details

Closed on
Dec 6, 1999
Sold by
Hayman Birgit
Bought by
Hayman Birgit K
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
414 Clark Street Llc $400,000 Yavapai Title
1299 Properties Llc $290,000 Lawyers Title Cottonwood
Hayman Birgit K -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $400,000 -19.8% $109 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $499,000 -- $136 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $882 $27,477 -- --
2024 $881 $43,360 -- --
2023 $881 $36,037 $5,030 $31,007
2022 $876 $29,914 $2,909 $27,005
2021 $908 $28,708 $2,719 $25,989
2020 $897 $0 $0 $0
2019 $886 $0 $0 $0
2018 $849 $0 $0 $0
2017 $824 $0 $0 $0
2016 $805 $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: 533069

Arizona Regional Multiple Listing Service (ARMLS)

APN: 401-06-036