NOT LISTED FOR SALE

Flagstaff, AZ 86001

North End Neighborhood

Estimated Value: $1,333,850

Studio
-- Bath
4,147 Sq Ft
$322/Sq Ft Est. Value

Last Sold August 14, 2017

Last sale price $699,000 $169 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $7,897/month

218 Days on Market

About This Home

As of August 2017

Great owner user or investment opportunity downtown Flagstaff. Beautifully upgraded 4,147 SF office building. Nine offices totaling 2,883 rentable SF on .21 acres of commercial land. Currently 85% occupied. Improvements to the building include: new roof installed in 2013, entire building painted in 2014, parking lot was paved in 2002 and seal coated in 2015, restrooms and lobby remodeled in 2012, and new HVAC system installed in 2015.

Last Agent to Sell the Property

Mark T. Belsanti

da Vinci Realty Listed on: 12/22/2016

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,887

Year Built

  • Built in 1981

Lot Details

  • Property is zoned CC

Home Design

  • 4,147 Sq Ft Home
  • Wood Frame Construction
  • Composition Roof

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Commercial Only Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10112002a

Property Details

Property Type

Other

Est. Annual Taxes

$5,887

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: CC
  • Year Built: 1981
  • Tax Year: 2015
  • Subdivision Name: Commercial Only
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Living Area: 4147.0

Exterior Features

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes

Lot Info

  • Parcel #: 10112002a

Tax Info

  • Tax Annual Amount: 5886.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2016
Closed on
Jul 11, 2017
Sold by
Katlon Inc
Bought by
Cpc Holdings Llc
Seller's Agent
Mark T. Belsanti
da Vinci Realty
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$699,000
Sold Price
$699,000
Current Estimated Value
$1,333,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$634,850
Avg. Annual Appreciation
7.94%
Original Mortgage
$559,200
Outstanding Balance
$464,473
Interest Rate
3.88%
Mortgage Type
Commercial
Estimated Equity
$865,647

Purchase Details

Closed on
May 23, 2011
Sold by
Franklin Lonnie K and Franklin Kathleen S
Bought by
Katlon Inc

Purchase Details

Closed on
Mar 24, 1998
Sold by
Johnson Norm and Johnson Lynette
Bought by
Franklin Lonnie K and Franklin Kathleen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 1994
Sold by
Peak Investments
Bought by
Johnson Norman C and Johnson Lynette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
9.1%
Mortgage Type
Assumption
Source: Public Records
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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
Cpc Holdings Llc $699,000 Pioneer Title Agency
Katlon Inc -- None Available
Franklin Lonnie K $280,000 Transnation Title Insurance
Johnson Norman C $240,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cpc Holdings Llc $559,200
Previous Owner Franklin Lonnie K $210,000
Previous Owner Johnson Norman C $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2017 08/14/17 Sold $699,000 0.0% $169 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
12/22/2016 12/22/16 For Sale $699,000 -- $169 / 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
2025 $11,069 $175,059 -- --
2024 $11,069 $178,649 -- --
2023 $10,968 $168,340 $0 $0
2022 $10,599 $157,609 $0 $0
2021 $10,599 $143,217 $0 $0
2020 $10,304 $131,203 $0 $0
2019 $6,336 $76,583 $0 $0
2018 $6,164 $74,546 $0 $0
2017 $5,797 $63,236 $0 $0
2016 $5,801 $60,596 $0 $0
2015 $5,887 $62,227 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mark T. Belsanti

    da Vinci Realty

    Section Image

  • H

    Buyer's Agent in 2017

    Historical Agent - SVV

    Historical Listings - SVV

See All Agents

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 511791

Arizona Regional Multiple Listing Service (ARMLS)

APN: 101-12-002A

Arizona Coconino County Flagstaff 86001

North End

Not Listed for Sale

Other

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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