Seller's Agent in 2024
Jack McMahon
McMahon & Miller Commercial
(928) 224-2709
5 in this area
9 Total Sales
1490 W State Route 89a Sedona, AZ 86336
Estimated Value: $2,936,368
Studio
--
Bath
4,257
Sq Ft
$690/Sq Ft
Est. Value
Highlights
- Central Air
- West Sedona Elementary School Rated 9+
- Heating System Uses Natural Gas
About This Home
As of February 2024SEE OFFERING MEMORANDUM FOR DETAILS.
Sale leaseback from COE.
Low maintenance income producing property in heart of Sedona.
10 year NNN w/annual base rent increases.
6.0% CAP rate.
Experienced operator w/7 Jay Bird's locations.
Occupied by Jay Bird's Nashville Hot Chicken (only fried chicken concept in Sedona).
3 other owned and operated restaurants in Sedona alone (see OM for details)
30 total restaurants and counting throughout West/Southwest.
High barrier to entry market.
Frontage property w/monument sign.
One of the few drive-thru establishments in town.
Pride of ownership.
Perfect candidate for 1031 exchange.
*Real estate only - business NOT for sale.
Last Agent to Sell the Property
McMahon & Miller Commercial License #BR649715000 Listed on: 07/24/2023
Last Buyer's Agent
McMahon & Miller Commercial License #BR649715000 Listed on: 07/24/2023
Property Details
Property Type
- Other
Est. Annual Taxes
- $19,617
Year Built
- Built in 2009
Lot Details
- Property is zoned Commercial
Home Design
- 4,257 Sq Ft Home
- Wood Frame Construction
- Block Exterior
- Stucco
Utilities
- Central Air
- Heating System Uses Natural Gas
- Separate Meters
- Master Meter
- Master Water Meter
Community Details
- Commercial Only Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 40825038f
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2023
Closed on
Feb 22, 2024
Sold by
Bought by
Seller's Agent
Jack McMahon
McMahon & Miller Commercial
Buyer's Agent
Jack McMahon
McMahon & Miller Commercial
List Price
$2,998,800
Sold Price
$2,900,000
Premium/Discount to List
-$98,800
-3.29%
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
$36,368
Avg. Annual Appreciation
0.56%
Purchase Details
Listed on
Sep 4, 2019
Closed on
Mar 18, 2021
Sold by
Bought by
Seller's Agent
Rob Schabatka
RE/MAX Sedona
Buyer's Agent
Jack McMahon
McMahon & Miller Commercial
List Price
$1,850,000
Sold Price
$2,150,000
Premium/Discount to List
$300,000
16.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.68%
Purchase Details
Listed on
May 9, 2017
Closed on
Oct 12, 2017
Sold by
Bought by
Seller's Agent
Ricky Schabatka
RE/MAX Sedona
Buyer's Agent
Rob Schabatka
RE/MAX Sedona
List Price
$2,350,000
Sold Price
$1,450,000
Premium/Discount to List
-$900,000
-38.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%
Purchase Details
Closed on
Aug 14, 2013
Sold by
Bought by
Purchase Details
Closed on
Nov 6, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,870,000
Interest Rate
6.36%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 16, 1995
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
9.23%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,900,000 | Stewart Title & Trust Of Phoen | ||
| $2,150,000 | Stewart Ttl & Tr Of Phoenix | ||
| $1,450,000 | Empire West Title Agency Llc | ||
| $1,015,000 | Lawyers Title Of Arizona | ||
| $900,000 | Pioneer Title Agency Inc | ||
| $300,000 | Transamerica Title Ins Compa |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,870,000 | ||
| Previous Owner | $250,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/29/2024 02/29/24 | Sold | $2,900,000 | -3.3% | $681 / Sq Ft | |
| 02/28/2024 02/28/24 | Pending | -- | -- | -- | |
| 07/24/2023 07/24/23 | For Sale | $2,998,800 | +39.5% | $704 / Sq Ft | |
| 03/19/2021 03/19/21 | Sold | $2,150,000 | +16.2% | $590 / Sq Ft | View Prior Sale |
| 03/18/2021 03/18/21 | Pending | -- | -- | -- | |
| 09/04/2019 09/04/19 | For Sale | $1,850,000 | +27.6% | $507 / Sq Ft | |
| 10/16/2017 10/16/17 | Sold | $1,450,000 | -38.3% | $398 / Sq Ft | View Prior Sale |
| 09/23/2016 09/23/16 | For Sale | $2,350,000 | -- | $645 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2027 | $19,570 | -- | -- | -- |
| 2026 | $19,351 | -- | -- | -- |
| 2024 | $19,410 | -- | -- | -- |
| 2023 | $19,410 | $339,262 | $135,317 | $203,945 |
| 2022 | $19,617 | $286,765 | $119,930 | $166,835 |
| 2021 | $20,506 | $265,875 | $109,027 | $156,848 |
| 2020 | $20,505 | $0 | $0 | $0 |
| 2019 | $20,308 | $0 | $0 | $0 |
| 2018 | $19,385 | $0 | $0 | $0 |
| 2017 | $18,862 | $0 | $0 | $0 |
| 2016 | $18,612 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jack McMahon
-
Rob Schabatka
Seller's Agent in 2021
Rob Schabatka
RE/MAX
(928) 821-3508
93 in this area
180 Total Sales
-
Ricky Schabatka
Seller Co-Listing Agent in 2021
Ricky Schabatka
RE/MAX
(928) 282-4166
89 in this area
169 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 533643
APN: 408-25-038F
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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