NOT LISTED FOR SALE

2900 Lem Dr Sedona, AZ 86336

Estimated Value: $247,000 - $494,000

3.67 Acres
$92,643 Price per Acre
159,865 Sq Ft Lot

Last Sold July 27, 2018

Last sale price $525,000

Est. 35% decrease in value since last sale

Current estimated payment $1,980/month

350 Days on Market

Highlights

  • Views of Red Rock
  • Landscaped with Trees
  • Level Lot
  • Hilltop Location

About This Lot

As of July 2018

Fantastic knoll and natural vegetation site complete with red rock views. Family held land. This can be bought part or parcel.Parcels #003-008, 3.615 acres. One.76 ac $120K. Three .57 ac lots $110K and one 1.14 acre lot $225KA survey is being preformed to located lot corners for road, utilities and ingress/egress. In the heart of West Sedona.

Last Agent to Sell the Property

Deborah Ehlers

License #BR106634000 Listed on: 05/18/2017

Last Buyer's Agent

Paul Galloway

Galloway Realty, LLC License #BR106151000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,344

Lot Details

  • 3.67 Acre Lot
  • East Facing Home
  • Level Lot
  • Hilltop Location
  • Landscaped with Trees

Property Views

  • Red Rock
  • Mountain

Community Details

  • Under 5 Acres Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,344

Lot Details

0

Listing Details

  • Sub Type: Residential
  • Pet Privileges: Domestics
  • Amount of Taxes: 1344.00
  • Lot Acreage: 3.67
  • House Faces: E
  • Directions: Highway 89A left on Deer Trail. Deer Trail turns into Carol Canyon. Look for the dirt road on your left. No street sign for Lem Drive. The land is located just before the first home on your left. There is a roughed in dirt road across the lots. It's the entire knoll.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Flood Zone: Verify
  • Location: Red Rock, Trees, View
  • Property Type: Land
  • Road Access: Dirt, Private, Recorded Easement
  • Road Maintenance: Privately Maintained
  • Views: Mountains, Red Rocks/Boulders
  • Subdivision: Under 5 Acres

Lot Info

  • Topography: Hilltop, Level, Rolling, Sloped Gentle

Tax Info

  • Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2021
Sold by
Galloway Paul
Bought by
Sedona 360View Llc
Current Estimated Value
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$393,988
Interest Rate
3.09%
Mortgage Type
Commercial
Estimated Equity
-$25,655

Purchase Details

Listed on
May 18, 2017
Closed on
Jul 23, 2018
Sold by
Scheinkman Tracy and Scheinkman Tracy
Bought by
Galloway Paul
Seller's Agent
Deborah Ehlers
Buyer's Agent
Paul Galloway
Galloway Realty, LLC
List Price
$680,000
Sold Price
$525,000
Premium/Discount to List
-$155,000
-22.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.88%
Original Mortgage
$425,000
Interest Rate
4.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 24, 2000
Sold by
Brown Harry W and Brown Bernice E
Bought by
Scheinkman Martin
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
Sedona 360View Llc -- Accommodation
Galloway Paul $525,000 Empire West Title Agency Llc
Scheinkman Martin $270,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sedona 360View Llc $425,000
Previous Owner Galloway Paul $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2018 07/27/18 Sold $525,000 -22.8% --
05/03/2018 05/03/18 Pending -- -- --
05/18/2017 05/18/17 For Sale $680,000 -- --
Source: Sedona Verde Valley 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
2026 $1,525 -- -- --
2024 $1,457 -- -- --
2023 $1,484 $26,444 $26,444 $0
2022 $1,457 $18,790 $18,790 $0
2021 $1,481 $17,708 $17,708 $0
2020 $1,481 $0 $0 $0
2019 $1,467 $0 $0 $0
2018 $1,400 $0 $0 $0
2017 $1,362 $0 $0 $0
2016 $1,344 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sedona Verde Valley Association of REALTORS®

MLS Number: 513148

Sedona Verde Valley Association of REALTORS®

APN: 408-28-003