NOT LISTED FOR SALE

Estimated Value: $781,470

Studio
-- Bath
4,945 Sq Ft
$158/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $760,000 $154 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,559/month

16 Days on Market

Highlights

  • Concrete Flooring
  • Clarkdale-Jerome Elementary School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of August 2023

The once Queen Neighbor's Art Gallery is now available through an estate sale! This property is Zoned Commercial/Mixed Use. Priced under appraised value, Seller will move items out but make no repairs. This property is just waiting for the right buyer with a creative vision and the means to make the needed repairs. The property contains 2 bldgs on 4 contiguous lots and offers panoramic views of the Verde Valley to the San Francisco Peaks. Original brick building built in 1993 still houses the art gallery and includes a 1 bed/1bath apartment The 2nd building built in 2009 was designed for housing & is now vacant. There are many options with this C-1 zoned property. A hotel, or income producing rentals? Wine bar or retail shop? 2 antique pianos sold outside of escrow. Liquor license avail. Maybe wine tasting bar - ask about the liquor license already available! Make it a retail shop or office w/live-in space, or keep it as an art gallery. You decide!
Commercial properties like this one are hard to find in Jerome. Don't let this potential income-producing opportunity pass you by. Call the LA today to schedule a showing.

Last Agent to Sell the Property

Peggy Branch

Russ Lyon Sotheby's International Realty License #SA094089000 Listed on: 07/12/2023

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Peggy Branch

Russ Lyon Sotheby's International Realty License #SA094089000 Listed on: 07/12/2023

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,595

Year Built

  • Built in 2009

Lot Details

  • Property is zoned C-1

Home Design

  • 4,945 Sq Ft Home
  • Wood Frame Construction
  • Metal Roof

Flooring

  • Carpet
  • Concrete

Utilities

  • Heating System Uses Natural Gas
  • 220 Volts

Community Details

  • 2 Buildings
  • G. W. Hulls Plat Of Jerome Subdivision

Listing and Financial Details

  • Tax Lot 4-7
  • Assessor Parcel Number 40106128h

Property Details

Property Type

Other

Est. Annual Taxes

$5,595

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Number Of Buildings: 2
  • Year Built: 2009
  • Tax Year: 2022
  • Subdivision Name: G. W. Hulls Plat of Jerome
  • Electric 220: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Concrete
  • Living Area: 4945.0
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Utilities

  • Electric: 220 Volts
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Lot Info

  • Parcel #: 40106128h

Tax Info

  • Tax Annual Amount: 5595.0
  • Tax Lot: 4-7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Jul 26, 2023
Sold by
Rojas Lisa Jeanne
Bought by
310 Queen Llc
Seller's Agent
Peggy Branch
Russ Lyon Sotheby's International Realty
Buyer's Agent
Peggy Branch
Russ Lyon Sotheby's International Realty
List Price
$999,000
Sold Price
$760,000
Premium/Discount to List
-$239,000
-23.92%
Current Estimated Value
$781,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,470
Avg. Annual Appreciation
1.32%

Purchase Details

Closed on
Jun 19, 1998
Sold by
Guth Jack E
Bought by
Guth Jack E and Denise Guth C

Purchase Details

Closed on
May 15, 1996
Sold by
Hicks Louise and Bowles Russell
Bought by
Guth Jack E and Denise Guth C
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
310 Queen Llc $760,000 Yavapai Title Agency
Guth Jack E -- --
Guth Jack E -- First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2023 08/02/23 Sold $760,000 -23.9% $154 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $999,000 -- $202 / 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 $5,662 -- -- --
2024 $5,661 -- -- --
2023 $5,661 $170,895 $15,501 $155,394
2022 $5,595 $144,652 $9,043 $135,609
2021 $5,912 $128,632 $8,945 $119,687
2020 $5,756 $0 $0 $0
2019 $5,685 $0 $0 $0
2018 $5,383 $0 $0 $0
2017 $4,908 $0 $0 $0
2016 $4,785 $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: 532713

Arizona Regional Multiple Listing Service (ARMLS)

APN: 401-06-128H