NOT LISTED FOR SALE

Estimated Value: $940,000 - $1,145,000

5 Beds
3 Baths
3,576 Sq Ft
$284/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $782,500 $219 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,876/month

14 Days on Market

Highlights

  • Deck
  • Forest View
  • Fireplace
  • Manuel Demiguel Elementary School Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of November 2021

Established Vacation Rental, Second Home, or Primary Residence, the possibilities with this home are endless! Located in one of Flagstaff's favorite neighborhoods - University Heights, this home has 3576 SF on 1/4 acre lot, multi level with 2 car attached garage. 5 bedrooms, 3 baths, fireplace in living area plus an in-law/guest quarters on upper level with kitchenette! Close to I-17 and 40, schools, shopping and mass transit. Heavily treed lot. 2 gas furnaces, and terraced landscaping. Would make an awesome NAU rental property too!

Vacation rental Income:
2019 Revenue - $77,657
2020 Revenue - $77,773
2021 Revenue - $61,278 through 6/30
2021 Pro-Forma - $104,956
3 Year Average - $86,673 with 3 month closure in 2020
Cap Rate - 9.23

Last Agent to Sell the Property

Travis Joralmon

Realty One Group, Mountain Desert License #SA670329000 Listed on: 09/18/2021

Realty One Group, Mountain Desert

Co-Listed By

Candace Joralmon

Realty One Group, Mountain Desert License #SA511102000

Last Buyer's Agent

Mason Swenson

Realty ONE Group, Mountain Desert License #SA691503000

Realty ONE Group, Mountain Desert

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,739

Year Built

  • Built in 1985

Lot Details

  • 0.26 Acre Lot
  • Partially Fenced Property
  • Hillside Location

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 3,576 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Forest Views
  • Walk-Out Basement
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • University Heights Subdivision
  • Complex Is Fenced

Listing and Financial Details

  • Assessor Parcel Number 11216044

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,739

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1985
  • Fencing: Partial
  • View: Forest
  • Lot Size Acres: 0.26
  • Road Surface Type: Paved
  • NAV29_Unit_1_Appliances: Gas Range
  • Co List Office Mls Id: 143001116
  • Co List Office Phone: 928-774-3392
  • Co List Office Phone: 928-774-3392
  • MLS Status: Closed
  • Subdivision Name: University Heights
  • Unit Levels: Multi/Split
  • Location Tax Legal:Taxes2: 3739.1
  • Location Tax Legal:Tax Year2: 2021
  • Cooling:Ceiling Fan(s): Yes
  • Floor Coverings:Carpet: Yes
  • Roof:Asphalt Shingle: Yes
  • Floor Coverings:Wood: Yes
  • Floor Style:Multi-Level: Yes
  • Exterior:Stone: Yes
  • Exterior:Wood Siding: Yes
  • Windows:Double Pane Windows: Yes
  • Garage Type Attached: Yes
  • Special Features: None

Interior Features

  • Cooling System: Ceiling Fan(s)
  • Utilities: Broadband, Electricity Available, Natural Gas Available, Cable Available
  • Cross Street: S Walkup Dr
  • Heating System: Natural Gas, Forced Air
  • Flooring: Carpet, Ceramic Tile, Wood
  • Basement: Walk-Out Access
  • Total Bedrooms: 5
  • Fireplace: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Other Rooms:In-law Quarters: Yes
  • Kitchen Features Pantry: Yes

Exterior Features

  • Topography: Hillside
  • Patio And Porch Features: Deck
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener

Utilities

  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air2: Yes

Association/Amenities

  • Exterior Amenities:Partially Fenced: Yes

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Parcel Number: 11216044

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3739.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2024
Sold by
Gm & T Inc
Bought by
Gregory Lawrence Kane Living Trust and Kane
Current Estimated Value
$1,017,232

Purchase Details

Closed on
Mar 18, 2014
Sold by
Fannie Mae
Bought by
Cowan Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,500
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2012
Sold by
Neuman John G and Neuman Elizabeth C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 16, 2005
Sold by
Young S Aaron
Bought by
Neuman John G and Neuman Elizabeth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2005
Sold by
Anderson Brian
Bought by
Young S Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2005
Sold by
Young S Aaron
Bought by
Anderson Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2004
Sold by
Shughart Donald L
Bought by
Young S Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.86%
Mortgage Type
Unknown

Purchase Details

Closed on
May 17, 2004
Sold by
Young Amy
Bought by
Young S Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.86%
Mortgage Type
Unknown
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
Gregory Lawrence Kane Living Trust -- --
Cowan Lee $399,900 Stewart Title & Trust Of Pho
Federal National Mortgage Association -- None Available
Neuman John G $420,000 Transnation Title
Young S Aaron -- Transnation Title
Young S Aaron $420,000 Transnation Title
Anderson Brian -- --
Young S Aaron $220,000 Fidelity National Title
Young S Aaron -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cowan Lee $353,000
Previous Owner Cowan Lee $351,500
Previous Owner Neuman John G $372,000
Previous Owner Neuman John G $50,000
Previous Owner Neuman John G $332,000
Previous Owner Young S Aaron $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $782,500 -2.1% $219 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $799,000 -- $223 / Sq Ft
Source: Northern Arizona Association of REALTORS®

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 $4,131 $71,100 -- --
2024 $4,131 $78,388 -- --
2023 $3,972 $61,705 $0 $0
2022 $3,729 $44,043 $0 $0
2021 $3,739 $43,259 $0 $0
2020 $3,649 $42,772 $0 $0
2019 $3,580 $39,968 $0 $0
2018 $3,482 $39,078 $0 $0
2017 $3,275 $38,375 $0 $0
2016 $3,258 $35,628 $0 $0
2015 $2,466 $34,138 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Arizona Association of REALTORS®

MLS Number: 187290

Northern Arizona Association of REALTORS®

APN: 112-16-044