$879,000
SOLD JUL 1, 2025

3863 Portofino Way Unit 11 Sedona, AZ 86336

2 Beds
2 Baths
1,792 Sq Ft
$806/mo HOA Fee

Recently Sold

$491 Per Sq Ft

1% Below List Price

66 Days on Market

Highlights

  • Views of Red Rock
  • Open Floorplan
  • Covered Deck
  • Gated Community
  • Clubhouse
  • Contemporary Architecture

About This Home

As of July 2025

Penthouse apartment with stunning endless panoramic Red Rock Views in the original Park Place. Designed by award winning architect Don Woods this highest unit in the building combines comfort, style and convenience. - Securely located in a double gated building and gently used as a second home, a front of windows and a large terrace invite you to take in some of the best Views Sedona has to offer. The features of this private and meticulously cared for home include artful floor and wall mosaics, Kahrs engineered wood flooring in living and bedrooms, Travertine flooring in kitchen and bathrooms, Gourmet kitchen with all Viking appliances and custom cabinetry, high-end finishes, natural gas fireplace and a spa-like primary bath. See more

Last Agent to Sell the Property

Gila Hager-Sherman

Russ Lyon Sotheby's Intl Rlty License #BR540316000 Listed on: 02/25/2025

Russ Lyon Sotheby's Intl Rlty

Last Buyer's Agent

Gila Hager-Sherman

Russ Lyon Sotheby's Intl Rlty License #BR540316000 Listed on: 02/25/2025

Russ Lyon Sotheby's Intl Rlty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,496

Year Built

  • Built in 2006

Lot Details

  • Landscaped with Trees
  • Grass Covered Lot

HOA Fees

  • $806 Monthly HOA Fees

Property Views

  • Red Rock
  • Panoramic
  • Mountain

Home Design

  • Contemporary Architecture
  • Southwestern Architecture
  • Stem Wall Foundation
  • Wood Frame Construction
  • Tile Roof
  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Drapes & Rods
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Alarm System

Kitchen

  • Breakfast Bar
  • Built-In Electric Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch
  • Built-In Barbecue

Utilities

  • Refrigerated Cooling System
  • Separate Meters
  • Underground Utilities
  • Private Water Source
  • Natural Gas Water Heater
  • Water Softener
  • Phone Available
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Flood Zone Lot

Listing and Financial Details

  • Assessor Parcel Number 40811453a

Community Details

Overview

  • Park Place Subdivision

Amenities

  • Clubhouse

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,496

Year Built

Built in 2006

Lot Details

0

HOA Fees

$806 per month

Listing Details

  • Style: Contemporary, Southwest
  • Appliances Included: Built-In Electric Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Oven, Microwave, Refrigerator, Washer, Water Softener
  • Association Fee Frequency: Monthly
  • Association Fees: 806.00
  • Cooling: Ceiling Fan(s), Refrigeration/Centrl
  • External Amenities: Built-in BBQ, Community Club House, Covered Deck, Covered Patio(s), Grass, Gutters, Landscaping, Open Deck
  • Floor Plan: Great Room, Open/Modern, Split Bedroom
  • Floors: Carpet, Stone, Tile, Wood
  • Internal Amenities: Elevator, Fire Sprinklers, Garage Door Opener, Security, Smoke Detector
  • Pet Privileges: Domestics
  • Roof Materials: Rolled/Hot Mop, Tile
  • Total Number Of Rooms: 5
  • Utilities Included: Cable TV, Electricity, Individual Meter, Natural Gas, Private Water, Sewer (Public), Telephone, Underground
  • Property Sub Type: Condominium
  • Association Fees Type: Homeowners
  • Assessor Parcel Number: 40811453a
  • Amount of Taxes: 4496.00
  • Estimated Total Sq Ft: 1792.00
  • Total Bathrooms: 2.00
  • Lot Acreage: 0.02
  • Year Built: 2006
  • Directions: State Route 89A to Park Place across from Bristlecone Pines Rd. Call office for gate code. Building slightly to left in back.
  • Special Features: None

Interior Features

  • Fireplace: Gas
  • Master Bed.: Primary on Main Level, Separate Tub/Shower, Walk in Closet, With Bath
  • Basement YN: No
  • Construction: Frame - Wood, Stucco
  • Dining Room Features: Living/Dining Combo
  • Flood Zone: Verify, Zone X
  • Foundation: Stem Wall
  • Kitchen Features: Breakfast Bar, Commercial Grade, Electric, Gas, Island, Pantry
  • Levels: Level Entry, Single Level
  • Living Room Features: Ceiling Fan, Exist, Great Room
  • Location: Gated Community, Mountain Views, Red Rock, Trees, View
  • Other Rooms: Laundry, Storage
  • Parking: 2 Car
  • Property Type: Residential
  • Road Access: Paved, Private
  • Road Maintenance: By Subdivision, Privately Maintained
  • Views: Mountains, Panoramic, Red Rocks/Boulders
  • Water Heater: Natural Gas
  • Window Coverings: Draperies
  • Subdivision: Park Place

Exterior Features

  • Windows: Double Glaze

Lot Info

  • LANDLEASE: No

Tax Info

  • Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2025
Closed on
Jun 16, 2025
Sold by
Kenneth W Smith Family Trust and Smith Kenneth W
Bought by
Rea John J and Rea Sandra K
Seller's Agent
Gila Hager-Sherman
Russ Lyon Sotheby's Intl Rlty
Buyer's Agent
Gila Hager-Sherman
Russ Lyon Sotheby's Intl Rlty
List Price
$890,000
Sold Price
$879,000
Premium/Discount to List
-$11,000
-1.24%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.11%
Original Mortgage
$379,000
Outstanding Balance
$378,678
Interest Rate
6.81%
Mortgage Type
Seller Take Back
Estimated Equity
$504,378

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 27, 2021
Sold by
Cogert Alton and Cogert Lee Ann
Bought by
Smith Kenneth W and Kenneth W Smith Family Trust
Seller's Agent
Cindy Dante
RE/MAX Sedona
Buyer's Agent
Brian Dante
RE/MAX Sedona
List Price
$678,000
Sold Price
$678,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%

Purchase Details

Closed on
Feb 19, 2008
Sold by
Park Place Residences Sedona Llc
Bought by
Cogert Alton and Cogert Lee Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $879,000 Yavapai Title Agency
Warranty Deed $675,000 Stewart Title & Trust Sedona
Special Warranty Deed $908,289 First American Title Insuran
Warranty Deed -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $379,000 Seller Take Back
Previous Owner $476,400 New Conventional
Previous Owner $86,400 Credit Line Revolving
Previous Owner $648,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Sold $879,000 0.0% $491 / Sq Ft
05/02/2025 05/02/25 Pending -- -- --
04/09/2025 04/09/25 Price Changed $879,000 -1.2% $491 / Sq Ft
02/25/2025 02/25/25 For Sale $890,000 +31.3% $497 / Sq Ft
06/01/2021 06/01/21 Sold $678,000 0.0% $378 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/25/2021 04/25/21 For Sale $678,000 -- $378 / Sq Ft
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 $4,496 -- -- --
2024 $4,378 -- -- --
2023 $4,378 $75,528 $12,780 $62,748
2022 $4,298 $60,638 $11,000 $49,638
2021 $3,979 $13,415 $13,415 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Sedona Verde Valley Association of REALTORS®

MLS Number: 538373

Sedona Verde Valley Association of REALTORS®

APN: 408-11-453A