NOT LISTED FOR SALE

Sedona, AZ 86336

Estimated Value: $667,000 - $894,000

-- Bed
-- Bath
1,406 Sq Ft
$576/Sq Ft Est. Value

Last Sold April 21, 2014

Last sale price $240,000 $171 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $4,441/month

About This Home

As of April 2014

Own a unique 1/2 acre commercial property situated at the mouth of Oak Creek Canyon, just 2 minutes north of world famous ''Uptown'' Sedona, with all of its shops, restaurants, art galleries, etc. The property – adjacent to National Forest land and hiking trails - overlooks Oak Creek and has a panoramic view of Sedona and dramatic red rocks, including Cathedral Rock, Snoopy, and Giant Thumb. An upscale Bed & Breakfast and the historic Red Rock Lodge neighbor the property. Zoned C1, this property is suitable for an array of opportunities (only .04% of Sedona has this zoning) such as a Bed and Breakfast, Spa, Professional Offices, Multi-Family (Condos), Short-Term Vacantion Rentals or Private Residence. The 1/2 acre offers a 1300 sq ft house with 3 BRs, 1.75 baths, LR with wood-burning fireplace, DR, eat-in kitchen, and an attached studio with bath. There is a fenced back yard and a carport. City sewer/water. Highest and best use may be to remove the existing house and construct a new commercial structure. Sold "as is."

Last Agent to Sell the Property

Lori Stewart

Russ Lyon Sotheby's International Realty License #SA526624000 Listed on: 04/05/2014

Russ Lyon Sotheby's International Realty

Co-Listed By

Historical Agent - SVV

Historical Listings - SVV

Last Buyer's Agent

Lori Stewart

Russ Lyon Sotheby's International Realty License #SA526624000 Listed on: 04/05/2014

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,704

Year Built

  • Built in 1967

Lot Details

  • Property is zoned C-1

Home Design

  • 1,406 Sq Ft Home
  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Vinyl

Community Details

  • Under 5 Acres Subdivision

Listing and Financial Details

  • Tax Lot M&B
  • Assessor Parcel Number 40107001g

Property Details

Property Type

Other

Est. Annual Taxes

$1,704

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Number Of Buildings: 1
  • Year Built: 1967
  • Tax Year: 2012
  • Co List Office Mls Id: rmxs01
  • Co List Office Phone: 928-282-4166
  • Subdivision Name: Under 5 Acres
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl
  • Living Area: 1406.0
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Utilities

  • Electric: Individual Meter
  • Water Source: City Franchise, Individual Meter

Lot Info

  • Parcel #: 40107001g

Tax Info

  • Tax Annual Amount: 1704.0
  • Tax Lot: M&B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2016
Sold by
Saad Llc
Bought by
Garden Of Iden Ii Llc
Current Estimated Value
$810,491

Purchase Details

Listed on
Apr 5, 2014
Closed on
Apr 14, 2014
Sold by
Simon Aurelia
Bought by
Saad Llc
Seller's Agent
Lori Stewart
Russ Lyon Sotheby's International Realty
Buyer's Agent
Lori Stewart
Russ Lyon Sotheby's International Realty
List Price
$329,000
Sold Price
$240,000
Premium/Discount to List
-$89,000
-27.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%

Purchase Details

Closed on
Oct 27, 2010
Sold by
Wilson Monty and Wilson Marlene
Bought by
Simon Aurelia and Becker Aurelia

Purchase Details

Closed on
May 18, 2007
Sold by
Suite Home Sedona Llc
Bought by
Wilson Monty and Wilson Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,394
Interest Rate
6.41%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 23, 2004
Sold by
Ashok & Manu Partnership
Bought by
Suite Home Sedona Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Garden Of Iden Ii Llc $1,162,500 Pioneer Title Agency
Saad Llc $240,000 Stewart Title & Trust Of Pho
Simon Aurelia $397,290 Pioneer Title Agency
Wilson Monty $600,000 Pioneer Title Agency Inc
Suite Home Sedona Llc $485,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Monty $391,394
Closed Suite Home Sedona Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2014 04/21/14 Sold $240,000 -27.1% $171 / Sq Ft
04/05/2014 04/05/14 For Sale $329,000 -- $234 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
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
2025 $2,280 $60,287 -- --
2024 $2,280 $60,052 -- --
2023 $2,170 $45,528 $0 $0
2022 $2,093 $33,572 $0 $0
2021 $2,028 $31,629 $0 $0
2020 $1,997 $29,590 $0 $0
2019 $1,940 $26,624 $0 $0
2018 $1,905 $26,505 $0 $0
2017 $1,893 $25,986 $0 $0
2016 $1,865 $21,315 $0 $0
2015 $1,756 $20,212 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Stewart

    Seller's Agent in 2014

    Lori Stewart

    Russ Lyon Sotheby's International Realty

    (928) 300-4410

    7 in this area

    34 Total Sales

    Lori Stewart
    Section Image

  • H

    Seller Co-Listing Agent in 2014

    Historical Agent - SVV

    Historical Listings - SVV

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 135468

Arizona Regional Multiple Listing Service (ARMLS)

APN: 401-07-001G

Arizona Coconino County Sedona

86336

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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