NOT LISTED FOR SALE

Estimated Value: $871,000 - $931,000

2 Beds
2 Baths
1,842 Sq Ft
$490/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $775,000 $421 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,627/month

56 Days on Market

Highlights

  • Contemporary Architecture
  • Cooling Available
  • Security System Owned
  • Double Pane Windows
  • Breakfast Bar
  • Stone Flooring

About This Home

As of July 2021

Executive Penthouse unit set among the spectacular red rocks of Sedona, Arizona, Park Place offers luxury private residences nestled in a beautiful and convenient location in West Sedona. Incorporating an Italian Influenced design, with distinctive upscale finishes. Viking appliances, hardwood kitchen cabinets, granite countertops, Kohler plumbing fixtures, large windows, gas fireplace, and state of the art security system. Residents who enjoy Sedona for part of the year will find Park Place an ideal option for a second home as it is a gated community with underground parking with elevator access and year-round grounds maintenance. Unblockable red rock views are viewable from both bedroom suites and the main living area and spacious skydeck.

Last Agent to Sell the Property

Rick Wesselhoff

Coldwell Banker Realty License #BR529981000 Listed on: 05/21/2021

Coldwell Banker Realty

Last Buyer's Agent

Karen Dunlap

Coldwell Banker Realty License #BR007987000

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,572

Year Built

  • Built in 2006

Lot Details

  • 871

HOA Fees

  • $556 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,842 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Bathtub With Separate Shower Stall

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Additional Features

  • Stepless Entry
  • 871 Sq Ft Lot

Community Details

  • Park Place Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 40811447a

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,572

Year Built

Built in 2006

Lot Details

0

HOA Fees

$556 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Year Built: 2006
  • Tax Year: 2020
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.02
  • Subdivision Name: Park Place
  • Architectural Style: Contemporary
  • Association Fees:HOA Fee2: 1667.93
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Accessibility Features: Zero-Grade Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1842.0
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Construction Type: Stucco, Wood Frame
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 1667.93
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Association Fees:HOA Paid Frequency: Quarterly

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 871.0
  • Parcel #: 40811447a

Tax Info

  • Tax Annual Amount: 5572.0
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 1, 2021
Sold by
Teran Barbra Jean
Bought by
Sedona Real Estate 2021 Llc
Seller's Agent
Rick Wesselhoff
Coldwell Banker Realty
Buyer's Agent
Karen Dunlap
Coldwell Banker Realty
List Price
$775,000
Sold Price
$775,000
Current Estimated Value
$895,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,604
Avg. Annual Appreciation
3.64%

Purchase Details

Listed on
May 8, 2018
Closed on
Oct 9, 2018
Sold by
Ryder Christine A
Bought by
Teran Barbara Jean
Seller's Agent
Karen Dunlap
Coldwell Banker Realty
Buyer's Agent
Rick Wesselhoff
Coldwell Banker Realty
List Price
$699,500
Sold Price
$600,000
Premium/Discount to List
-$99,500
-14.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$420,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Sedona Real Estate 2021 Llc $775,000 Empire West Title Agency Llc
Teran Barbara Jean $600,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Teran Barbara Jean $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2021 07/27/21 Sold $775,000 0.0% $421 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $775,000 +29.2% $421 / Sq Ft
11/07/2018 11/07/18 Sold $600,000 -14.2% $326 / Sq Ft View Prior Sale
11/06/2018 11/06/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $699,500 -- $380 / 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 $4,488 -- -- --
2024 $4,369 -- -- --
2023 $4,369 $75,362 $12,780 $62,582
2022 $4,289 $60,520 $11,000 $49,520
2021 $4,359 $13,415 $13,415 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 526531

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-11-447A