NOT LISTED FOR SALE

155 S Merritt Ranch Rd Cornville, AZ 86325

Cornville Neighborhood

Estimated Value: $514,000 - $1,010,000

2 Beds
2 Baths
1,077 Sq Ft
$714/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $600,000 $557 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,443/month

5 Days on Market

Highlights

  • Arena
  • Waterfront
  • Wood Flooring
  • RV Access or Parking
  • 4.47 Acre Lot
  • No HOA

About This Home

As of October 2019

Property is exclusively being sold to a buyer who would like to purchase the 24-acre parcel next door (the Elements) at 0 Merritt Ranch Rd., Cornville that is currently on the market. Cash only sale and please provide proof of funds to preview.

Approximately 771 Ft of Oak Creek frontage. Beautiful rural setting. Zoning R1-35 & R1L-70. Well exists; water rights; irrigation from pond at the Elements next door. Mature trees for shade; grassy areas; barn; abundance of room for an equestrian arena. Horses ok.

Last Agent to Sell the Property

Jeanette Sauer

Russ Lyon Sotheby's International Realty License #SA644577000 Listed on: 08/29/2019

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,149

Year Built

  • Built in 1937

Lot Details

  • 4.47 Acre Lot
  • Waterfront
  • Desert faces the front and back of the property

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,077 Sq Ft Home
  • 1-Story Property
  • Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Open Parking Spaces
  • RV Access or Parking

Outdoor Features

  • Outdoor Storage

Schools

  • Out Of Maricopa Cnty Elementary And Middle School
  • Out Of Maricopa Cnty High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Arena

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Propane
  • Shared Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot B/D
  • Assessor Parcel Number 407-32-024-Y

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Under 5 Acres M & B Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,149

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Cross Street: Oak Creek Valley Rd
  • Legal Info Range: 04E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1937
  • Tax Year: 2018
  • Directions: HWY 89A W toward Cornville. Left on Oak Creek Valley Rd. Turn Left, At Fork & Bear Right Onto Merritt Ranch Road. Go Past the ''Elements'' Subdivision. Property Is First Driveway On The Left.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 4.47
  • Subdivision Name: Under 5 Acres M & B
  • Architectural Style: Other
  • Property Attached Yn: No
  • Tax Parcel Letter: Y
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Other
  • Fireplace: Yes
  • Living Area: 1077.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Community Features:BikingWalking Path: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Storage
  • Lot Features: Waterfront Lot, Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: None
  • Construction Type: Wood Frame
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Parking Features: RV Access/Parking
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Parking Features:RV AccessParking: Yes

Utilities

  • Utilities: Propane
  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Shared Well
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Out of Maricopa Cnty
  • High School: Out of Maricopa Cnty
  • Middle Or Junior School: Out of Maricopa Cnty

Lot Info

  • Horse Amenities: Arena
  • Land Lease: No
  • Lot Size Sq Ft: 194713.0
  • Parcel #: 407-32-024-Y

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3149.0
  • Tax Book Number: 407.00
  • Tax Lot: B/D
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2019
Closed on
Oct 1, 2019
Sold by
Kitay David Joseph and Kitay Deborah Lynn
Bought by
Cornville Springs Llc
Seller's Agent
Jeanette Sauer
Russ Lyon Sotheby's International Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$769,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,294
Avg. Annual Appreciation
4.74%

Purchase Details

Closed on
Mar 2, 2006
Sold by
Area Sedona Investments Llc
Bought by
Kitay David Joseph and Kitay Deborah Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 22, 2005
Sold by
Franklin Equity Partners Llc
Bought by
Area Sedona Investments

Purchase Details

Closed on
Jun 28, 2004
Sold by
Kovacovich John and Kovacovich Mary Margaret
Bought by
Franklin Equity Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Cornville Springs Llc $600,000 Pioneer Title Agency
Kitay David Joseph -- Arizona Title Agency Inc
Area Sedona Investments -- Pioneer Title Agency Inc
Franklin Equity Partners Llc $525,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kitay David Joseph $576,000
Previous Owner Franklin Equity Partners Llc $475,000
Previous Owner Franklin Equity Partners Llc $525,000
Closed Kitay David Joseph $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2019 10/07/19 Sold $600,000 0.0% $557 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
08/29/2019 08/29/19 For Sale $600,000 -- $557 / 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 $3,023 $47,440 -- --
2024 $2,917 $43,578 -- --
2023 $2,917 $38,111 $23,277 $14,834
2022 $2,868 $24,376 $12,553 $11,823
2021 $2,948 $22,898 $12,063 $10,835
2020 $2,907 $0 $0 $0
2019 $3,270 $0 $0 $0
2018 $3,149 $0 $0 $0
2017 $3,021 $0 $0 $0
2016 $2,940 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeanette Sauer

    Seller's Agent in 2019

    Jeanette Sauer

    Russ Lyon Sotheby's International Realty

    (928) 660-9266

    2 in this area

    295 Total Sales

    Jeanette Sauer
    Section Image

  • N

    Buyer's Agent in 2019

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5971464

Arizona Regional Multiple Listing Service (ARMLS)

APN: 407-32-024Y

Arizona Yavapai County Cornville 86325 Cornville

155 S Merritt Ranch Rd, Cornville, AZ

This home is located at 155 S Merritt Ranch Rd, Cornville, AZ 86325 since 29 August 2019 and is currently estimated at $769,294, approximately $714 per square foot. This property was built in 1937. 155 S Merritt Ranch Rd is a home located in Yavapai County with nearby schools including Oak Creek School, Cottonwood Community School, and Cottonwood Middle School.

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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