NOT LISTED FOR SALE

Estimated Value: $807,000

-- Bed
-- Bath
4,216 Sq Ft
$191/Sq Ft Est. Value

Last Sold January 15, 2020

Last sale price $1,450,000 $344 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $4,659/month

288 Days on Market

About This Home

As of January 2020

Location, Location, Location - Looking for a great location on 89A in Sedona? High visibility site across from Harkins Theaters and directly next to the Rouge Hotel, this property has it all - right in the center of Sedona's commercial district with highest traffic volume and visibility.
Recently reduced to $1,500,000. Owner financing available at a $2,000,000 purchase price, favorable terms.
Property Highlights: Adjacent parcels totaling 0.89 acres. Zoned commercial C-1. Allows for multipurpose development of retail, office & residential. Artistic Renderings of expansion plans designed by local architect are included in photo section. Two existing buildings remodeled in 2005. 1824 s.f. medical office and 820 s.f. administrative office. 3rd building 1557 sq ft remodeled in 2010.

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 03/14/2019

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV Listed on: 03/14/2019

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,350

Year Built

  • Built in 1962

Lot Details

  • Property is zoned C1

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,216 Sq Ft Home
  • Carpet

Community Details

  • 3 Buildings
  • Commercial Only Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40824070a

Property Details

Property Type

Other

Est. Annual Taxes

$5,350

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C1
  • Number Of Buildings: 3
  • Year Built: 1962
  • Tax Year: 2018
  • Subdivision Name: Commercial Only
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet
  • Living Area: 4216.0

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 #: 40824070a

Tax Info

  • Tax Annual Amount: 5350.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2019
Closed on
Jan 13, 2020
Sold by
Global Community Communication Alliance
Bought by
Blueflagiris Llc
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$1,500,000
Sold Price
$1,450,000
Premium/Discount to List
-$50,000
-3.33%
Current Estimated Value
$807,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$643,000

Purchase Details

Closed on
Oct 22, 2004
Sold by
Nordeen Allen F and Nordeen Debra Lee
Bought by
Aquarian Concepts Community

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 1999
Sold by
Delevin Anthony Joseph
Bought by
Aquarian Concepts
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
Blueflagiris Llc $1,450,000 Pioneer Title Agency
Aquarian Concepts Community $750,000 First American Title Ins Co
Aquarian Concepts -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aquarian Concepts Community $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2020 01/15/20 Sold $1,450,000 -3.3% $344 / Sq Ft
12/27/2019 12/27/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $1,500,000 -- $356 / 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 $5,217 -- -- --
2024 $5,217 -- -- --
2023 $5,217 $108,430 $77,999 $30,431
2022 $5,273 $75,735 $48,671 $27,064
2021 $5,512 $69,108 $44,246 $24,862
2020 $5,512 $0 $0 $0
2019 $5,459 $0 $0 $0
2018 $5,350 $0 $0 $0
2017 $5,206 $0 $0 $0
2016 $5,222 $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: 519117

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-24-070A