NOT LISTED FOR SALE

340 Ridge Rd Sedona, AZ 86336

Estimated Value: $1,270,000 - $1,317,000

4 Beds
4 Baths
2,591 Sq Ft
$498/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $990,000 $382 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,111/month

56 Days on Market

Highlights

  • Mountain View
  • Family Room with Fireplace
  • Granite Countertops
  • Manuel Demiguel Elementary School Rated A-
  • Vaulted Ceiling
  • No HOA

About This Home

As of December 2022

This Uptown Gem has an additional 502 square foot finished basement with a private bath that is not included in the square footage making this home potentially 5 bedroom 4 bathroom 3137 sq. ft. Perfect for a short term rental investment or full time residence. This beauty is well appointed with vaulted ceilings, huge stone fireplace, no carpet throughout and a huge wrap around deck offering sweeping views of the Sedona red rock mountains! Kitchen boasts solid wood staggered cabinets, granite counters and a custom tile backsplash. Upstairs is the master retreat with its own private balcony and amazing views. Fresh Exterior paint, new Trex deck and a newer roof. This property is amazing! Come see for yourself!

Last Agent to Sell the Property

Susan Miller

Keller Williams Realty East Valley License #SA549850000 Listed on: 10/04/2022

Last Buyer's Agent

Alana Bateman

Russ Lyon Sotheby's International Realty License #SA697493000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,083

Year Built

  • Built in 1985

Lot Details

  • 0.27 Acre Lot
  • Chain Link Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stone Exterior Construction

Interior Spaces

  • 2,591 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Finished Basement

Kitchen

  • Electric Cooktop
  • Granite Countertops

Flooring

  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall
  • Solar Tube

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating Available
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Lazy Bear Estates Unit 2 Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 401-45-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,083

Year Built

Built in 1985

Lot Details

0.27 Acres

Parking

2

Listing Details

  • Legal Info Range: 06E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: Y
  • Updated Floors: Partial
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2011
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2016
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.27
  • Subdivision Name: LAZY BEAR ESTATES UNIT 2
  • Efficiency: Solar Tubes
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 382.09
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Flooring: Laminate, Stone, Tile
  • Basement YN: Yes
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2591.0
  • Stories: 2
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Utilities: Other
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11973.0
  • Parcel #: 401-45-024

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 3083.0
  • Tax Book Number: 401.00
  • Tax Lot: 11
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Dec 22, 2022
Sold by
Garver Loretta K
Bought by
Murat Goemen Trust and Gocmen
Seller's Agent
Susan Miller
Keller Williams Realty East Valley
Buyer's Agent
Alana Bateman
Russ Lyon Sotheby's International Realty
List Price
$1,399,000
Sold Price
$990,000
Premium/Discount to List
-$409,000
-29.24%
Views
81
Current Estimated Value
$1,291,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,486
Avg. Annual Appreciation
8.61%
Original Mortgage
$693,000
Outstanding Balance
$667,910
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$623,576

Purchase Details

Closed on
Jan 22, 2009
Sold by
Aurora Loan Services Llc
Bought by
Garver James R and Garver Loretta K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2008
Sold by
Smith Susan S and Smith Norman H
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jan 21, 2008
Sold by
Hunt Robert
Bought by
Mcdonald Family Foundation

Purchase Details

Closed on
Sep 26, 2006
Sold by
Smith Susan S and Smith Norman H
Bought by
Smith Norman Henry and Smith Susan Sommerfeld

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,200
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2006
Sold by
Smith Norman H and Smith Susan S
Bought by
Smith Norman Henry and Smith Susan Sommerfield

Purchase Details

Closed on
Sep 12, 1994
Sold by
Massion Geraldine B
Bought by
Hamilton Paul C and Hamilton Joan L
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
Murat Goemen Trust $990,000 Magnus Title
Garver James R $407,000 First American Title Ins Co
Aurora Loan Services Llc $463,760 Fidelity National Title
Mcdonald Family Foundation -- None Available
Smith Norman Henry -- Pioneer Title Agency Inc
Smith Norman H -- Pioneer Title Agency Inc
Smith Norman Henry -- Pioneer Title Agency Inc
Hamilton Paul C $295,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murat Goemen Trust $693,000
Previous Owner Garver James R $326,000
Previous Owner Smith Norman H $663,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2022 12/29/22 Sold $990,000 -17.5% $382 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/28/2022 11/28/22 Price Changed $1,199,995 -14.2% $463 / Sq Ft
10/27/2022 10/27/22 For Sale $1,399,000 0.0% $540 / Sq Ft
10/27/2022 10/27/22 Price Changed $1,399,000 -6.7% $540 / Sq Ft
10/10/2022 10/10/22 For Sale $1,500,000 0.0% $579 / Sq Ft
10/08/2022 10/08/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $1,500,000 -- $579 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $3,813 $106,657 -- --
2024 $3,813 $104,119 -- --
2023 $3,629 $62,541 $0 $0
2022 $3,083 $53,329 $0 $0
2021 $3,007 $50,518 $0 $0
2020 $2,959 $47,950 $0 $0
2019 $2,871 $41,088 $0 $0
2018 $2,965 $41,214 $0 $0
2017 $3,348 $40,946 $0 $0
2016 $3,298 $39,898 $0 $0
2015 $3,105 $37,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6472555

Arizona Regional Multiple Listing Service (ARMLS)

APN: 401-45-024

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