NOT LISTED FOR SALE

355 S Bonito Ranch Loop Unit 23 Cornville, AZ 86325

Cornville Neighborhood

Estimated Value: $297,000 - $320,000

2 Acres
$152,025 Price per Acre
87,120 Sq Ft Lot

Last Sold February 14, 2025

Last sale price $300,000

Est. 1% increase in value since last sale

Current estimated payment $2,011/month

136 Days on Market

Highlights

  • Horses Allowed On Property
  • 2 Acre Lot
  • Greenbelt
  • Gated Community
  • Mountain View

About This Lot

As of February 2025

One of the last remaining irrigated lots. Almost Two Acres in Gated Rio Bonito Ranch. Located at the center of the entire mid level of the subdivision and near the community pond, come build your dream estate. You will find easy access to the HOA recreation area and path down to Oak Creek. This lot is ready for building with a capped well. Bring your plans and get building!The true magic lies in the community amenities. Rio Bonito Ranch is a gated community with paved roads and provides owners private access to Oak Creek, a stocked community pond and Mason Lane Ditch that wanders around the whole subdivision like a mountain stream. The community has well established water rights, incredible sunset, mountain and valley views as well as dark sky and Jerome lights at night. It's location is minutes from Page Springs Cellars and other local wineries and only 20 minutes from West Sedona.

Last Agent to Sell the Property

Janelle Flaherty

Russ Lyon Sotheby's International Realty License #SA569876000 Listed on: 09/20/2024

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,464

Lot Details

  • 2 Acre Lot
  • Additional Parcels
  • Property is zoned R135

HOA Fees

  • $100 Monthly HOA Fees

Utilities

  • Grandfathered Water Rights
  • Well

Additional Features

  • Mountain Views
  • North or South Exposure
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 407-32-083

Community Details

Overview

  • Rio Bonito Ranch Association, Phone Number (415) 307-1980
  • Rio Bonito Ranch Subdivision
  • Greenbelt

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,464

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Cross Street: Page Springs Road/Cornville Road
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Gentle Sloping, Level
  • Zoning: R135
  • Tax Year: 2023
  • Directions: Go 2 miles North on Page Springs Road, turn left on Purple Sage, turn left at Oak Creek Elementary School (stop sign). Rio Bonito Subdivision will be on the right side.
  • Horses: Yes
  • Lot Size Acres: 2.0
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: RIO BONITO RANCH
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Other, See Remarks, Single Family, Agricultural, Ranch, Rural
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: Other, None
  • Lot Features: Mountain View(s), Gated Community, North/South Exp, Greenbelt
  • Disclosures: Soil Test, Seller Prop Disc Stm, Boundary Survey Avlb, Development Pln Aval
  • Other Structures: None

Utilities

  • Electric: APS, Underground
  • Water Source: Domestic Well, Wtr Rghts Grndfthrd, Irr Ditch(es)-Unlnd, Irrigation Pipe

Condo/Co-op/Association

  • Annual HOA Fees: 1200.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: 415-307-1980
  • HOA Transfer Fee: 60.0
  • Association Fee: 1200.0
  • Association Fee Frequency: Annually
  • Association Name: RIO BONITO RANCH
  • Phone: 415-307-1980
  • Association: Yes

Schools

  • Junior High Dist: Mingus Union High School District

Lot Info

  • Lot Size: county assessor
  • Lot Size Sq Ft: 87153.0
  • Number Of Lots: 1
  • Additional Parcels: Yes
  • Parcel #: 407-32-083
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2464.0
  • Tax Book Number: 407.00
  • Tax Lot: 23
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Feb 6, 2025
Sold by
Brevand Group Llc
Bought by
Mills Jerre Wayne
Seller's Agent
Janelle Flaherty
Russ Lyon Sotheby's International Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$300,000
Sold Price
$300,000
Total Days on Market
136
Views
39
Current Estimated Value
$304,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,050
Avg. Annual Appreciation
4.02%

Purchase Details

Listed on
Nov 7, 2021
Closed on
Feb 22, 2022
Sold by
Jsc Ranch Creek Properties Llc
Bought by
Brevand Group Llc
Seller's Agent
Janelle Flaherty
Russ Lyon Sotheby's International Realty
Buyer's Agent
Chad Englehart
Keller Williams Northeast Realty
List Price
$280,000
Sold Price
$240,000
Premium/Discount to List
-$40,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$200,000
Interest Rate
3.55%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 16, 2009
Sold by
S R B Properties Llc
Bought by
Jsc Ranch Creek Properties Llc
Source: Public Records

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Range of Values:

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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
Mills Jerre Wayne $300,000 Yavapai Title Agency
Brevand Group Llc $240,000 Yavapai Title Agency
Jsc Ranch Creek Properties Llc $1,121,000 Lawyers Title Of Arizona
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brevand Group Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $300,000 0.0% --
09/20/2024 09/20/24 For Sale $300,000 +25.0% --
02/28/2022 02/28/22 Sold $240,000 0.0% --
12/09/2021 12/09/21 Off Market $240,000 -- --
10/29/2021 10/29/21 For Sale $280,000 -- --
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 $2,553 -- -- --
2024 $2,464 -- -- --
2023 $2,464 $450 $450 $0
2022 $29 $300 $300 $0
2021 $30 $240 $240 $0
2020 $29 $0 $0 $0
2019 $28 $0 $0 $0
2018 $27 $0 $0 $0
2017 $26 $0 $0 $0
2016 $26 $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: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6759919

Arizona Regional Multiple Listing Service (ARMLS)

APN: 407-32-083