NOT LISTED FOR SALE

4211 Commercial Way Lake Montezuma, AZ 86335

Lake Montezuma Neighborhood

Estimated Value: $325,573 - $440,000

4 Beds
4 Baths
1,944 Sq Ft
$200/Sq Ft Est. Value

Last Sold February 12, 2020

Last sale price $240,000 $123 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,161/month

66 Days on Market

Highlights

  • Attached Garage
  • Laundry Room
  • Ceiling Fan
  • Patio
  • Landscaped
  • 3-minute walk to Rollins Park

About This Home

As of February 2020

Enjoy an investment into a 100% occupied & well maintained building in lovely Lake Montezuma, right down the block from the Town Square, with an established Chiropractor, Dentist, Post Office, new Restaurant, and more! Just 15 minutes from Sedona, Camp Verde & even 25 min to Cottonwood. This area is affordable yet close to all amenities. History of the Area: Around 1957 shortly after the Black Canyon Highway was built north from Phoenix, one of the largest ranches in Rimrock was turned into a subdivision called Lake Montezuma. They dug out a pond below the original ranch house and named it Lake Montezuma after the area's most significant local landmark - Montezuma Well National Monument. Real Estate is your best investment, and this property fits the bill!

Last Agent to Sell the Property

Joy Michelle Moore

License #SA545015000 Listed on: 11/01/2019

Last Buyer's Agent

Bridgett Bowers

Camp Verde Realty License #BR645603000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,184

Year Built

  • Built in 2001

Lot Details

  • 7,405 Sq Ft Lot
  • East Facing Home
  • Landscaped

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • 1,944 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Heat Pump System
  • Separate Meters
  • Electric Water Heater
  • Conventional Septic
  • Septic System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 40506618b

Community Details

Overview

  • Montezuma Man Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,184

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Cooling: Ceiling Fan(s), Heat Pump
  • External Amenities: Landscape, Patio/Deck
  • Floors: Carpet, Laminate
  • Internal Amenities: Ceiling Fan, Dishwasher, Disposal, Fire/Smoke Alarm, Garage Door Opener, Laundry Room, Refrigerator
  • On Site Water Trtmnt: Conventional Septic
  • Pet Privileges: Yes
  • Roof Materials: Comp Shingle
  • Property Sub Type: Multi-Family
  • Assessor Parcel Number: 40506618b
  • Bathrooms: Interior
  • Business Type: Rental
  • Type Of Building: 2 - 4 Units, Duplex
  • Amount of Taxes: 1184.00
  • Lot Acreage: 0.17
  • Year Built: 2001
  • House Faces: E
  • Directions: From Highway 17, take Exit 293 to Beaver Creek rd. Follow Montezuma Ave all the way past the Y, bear right, and go 2 blocks past the Beaver Creek Restaurant (currently closed), and make a Left onto E
  • Special Features: None

Interior Features

  • Heating: Heat Pump
  • Total Sq Ft: 1944.00
  • Construction: Frame - Wood, Stucco
  • Parking: Attached
  • Property Type: Multi-Family
  • Road Access: County, Gravel
  • Road Maintenance: County Maintained
  • Water Heater: Electric
  • Subdivision: Montezuma Man
  • Management: Management Company
  • Utilities Available: Cable TV, Electricity, Individual Meter, Septic, Telephone

Tax Info

  • Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Feb 10, 2020
Sold by
Koeppen Ernest
Bought by
Adkins Mark Alan
Seller's Agent
Joy Michelle Moore
Buyer's Agent
Bridgett Bowers
Camp Verde Realty
List Price
$240,000
Sold Price
$240,000
Current Estimated Value
$376,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,266
Avg. Annual Appreciation
7.72%

Purchase Details

Closed on
Dec 22, 2004
Sold by
Koeppen Denise
Bought by
Koeppen Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 13, 2004
Sold by
Hinojosa Roger
Bought by
Koeppen Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 20, 2000
Sold by
Hinojosa Roger
Bought by
Hinojosa Roger

Purchase Details

Closed on
Nov 10, 1994
Sold by
Blue Gregory A
Bought by
Hinojosa Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
8.9%
Mortgage Type
Seller Take Back
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
Adkins Mark Alan $240,000 Yavapai Title
Koeppen Ernest -- Transnation Title
Koeppen Ernest $230,000 Transnation Title
Hinojosa Roger -- --
Hinojosa Roger $7,500 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koeppen Ernest $184,000
Previous Owner Hinojosa Roger $6,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2020 02/12/20 Sold $240,000 0.0% $123 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
11/23/2019 11/23/19 For Sale $240,000 0.0% $123 / Sq Ft
11/16/2019 11/16/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $240,000 0.0% $123 / Sq Ft
10/05/2019 10/05/19 Rented $925 0.0% --
09/03/2019 09/03/19 For Rent $925 +48.0% --
10/04/2013 10/04/13 Rented $625 0.0% --
09/04/2013 09/04/13 Under Contract -- -- --
07/22/2013 07/22/13 For Rent $625 -- --
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 $1,329 $26,977 -- --
2024 $1,286 $26,698 -- --
2023 $1,286 $22,025 $2,716 $19,309
2022 $1,336 $15,209 $2,552 $12,657
2021 $1,277 $14,991 $2,541 $12,450
2020 $1,245 $0 $0 $0
2019 $1,224 $0 $0 $0
2018 $1,184 $0 $0 $0
2017 $1,309 $0 $0 $0
2016 $1,266 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joy Michelle Moore

    Section Image

  • B

    Buyer's Agent in 2020

    Bridgett Bowers

    Camp Verde Realty

    Section Image
  • Cindy Espolt

    Seller's Agent in 2019

    Cindy Espolt

    Canyon Wren Properties

    (928) 634-3152

    Section Image
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Map

Source: Sedona Verde Valley Association of REALTORS®

MLS Number: 521511

Sedona Verde Valley Association of REALTORS®

APN: 405-06-618B

Arizona Yavapai County Lake Montezuma 86335 Lake Montezuma

4211 Commercial Way, Lake Montezuma, AZ

This home is located at 4211 Commercial Way, Lake Montezuma, AZ 86335 since 01 November 2019 and is currently estimated at $389,643, approximately $200 per square foot. This property was built in 2001. 4211 Commercial Way is a home located in Yavapai County with nearby schools including Beaver Creek School and Sedona Sky Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Sedona Verde Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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