NOT LISTED FOR SALE

45 Cathedral Ranch Dr Unit 18 Sedona, AZ 86351

Estimated Value: $1,630,000 - $2,246,000

1.05 Acres
$1,917,390 Price per Acre
45,738 Sq Ft Lot

Last Sold December 15, 2021

Last sale price $475,000

Est. 324% increase in value since last sale

Current estimated payment $10,885/month

333 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • Property is near a preserve or public land

About This Lot

As of December 2021

Cathedral Rock Ranch location will take your breath away as you approach the gate. This lot is away from the entrance for the peacefulness of the forest backyard. Unobstructed, magnificent views of Cathedral Rock and Seven Warriors are in full view from this lot. This 1.05 acre lot has 305 feet backing to the Coconino National Forest. The subdivision is surrounded by split rail fencing, but nothing keeps you away from nature. Phase 1 has a minimum requirement of 2,100 sq. ft. but this lot will support the grandest of homes. All the design guidelines, CC & R's are in the document section. You will see the most beautiful homes here that complement the natural surroundings which is the goal of the community.

Last Agent to Sell the Property

Bonnie Norton

Arizona Vistas Realty License #BR034484000 Listed on: 12/19/2020

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,322

Lot Details

  • 1.05

HOA Fees

  • $67 Monthly HOA Fees

Schools

  • Out Of Maricopa Cnty Elementary And Middle School
  • Out Of Maricopa Cnty High School

Additional Features

  • 1.05 Acre Lot
  • Mountain Views

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 408-30-060

Community Details

Overview

  • Cathedral Ranch Comm Association, Phone Number (928) 284-9764
  • Cathedral Rock Ranch Phase 1 Subdivision
  • Property is near a preserve or public land

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,322

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Cross Street: SR #179 & Verde Valley School Rd.
  • Legal Info Range: 05E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: Residential
  • Tax Year: 2020
  • Lot Size Acres: 1.05
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: CATHEDRAL ROCK RANCH PHASE 1
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: See Remarks
  • Lot Features: Mountain View(s), Gated Community, Borders Pres/Pub Lnd
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS, Underground
  • Water Source: Private Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 800.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: 928-284-9764
  • Association Fee: 800.0
  • Association Fee Frequency: Annually
  • Association Name: Cathedral Ranch Comm
  • Phone: 928-284-9764
  • Association: Yes

Schools

  • Elementary School: Out of Maricopa Cnty
  • High School: Out of Maricopa Cnty
  • Middle Or Junior School: Out of Maricopa Cnty

Lot Info

  • Lot Size: 268.39 X 305.03 x 135.18
  • Lot Size Sq Ft: 45852.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 408-30-060
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3322.0
  • Tax Book Number: 408.00
  • Tax Lot: 18
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2024
Sold by
Lazzareschi Michael A
Bought by
Lazzareschi Living Trust and Lazzareschi
Current Estimated Value
$2,013,259

Purchase Details

Listed on
Dec 19, 2020
Closed on
Dec 7, 2021
Sold by
Cory R Paul R and Cory Deborah Regner
Bought by
Lazzareschi Michael
Seller's Agent
Bonnie Norton
Arizona Vistas Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$490,000
Sold Price
$475,000
Premium/Discount to List
-$15,000
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.23%

Purchase Details

Closed on
Jun 22, 2016
Sold by
Cory R Paul and Cory Deborah Regner
Bought by
The Benson Family Living Trust

Purchase Details

Closed on
Nov 2, 2006
Sold by
Cory R Paul and Cory Deborah R
Bought by
Cory R Paul and Cory Deborah Regner

Purchase Details

Closed on
Jul 15, 2004
Sold by
Cathedral Rock Ranch Llc
Bought by
Cory R Paul and Cory Deborah R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lazzareschi Living Trust -- None Listed On Document
Lazzareschi Michael $475,000 Yavapai Title Agency Inc
The Benson Family Living Trust $472,500 Pioneer Title Agency Inc
Cory R Paul -- Transnation Title
Cory R Paul $460,000 Transnation Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2021 12/15/21 Sold $475,000 -3.1% --
11/16/2021 11/16/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $490,000 0.0% --
06/29/2021 06/29/21 Price Changed $490,000 +3.2% --
04/10/2021 04/10/21 Off Market $475,000 -- --
01/19/2021 01/19/21 Price Changed $470,000 -1.1% --
12/18/2020 12/18/20 For Sale $475,000 -- --
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 $2,855 $166,211 -- --
2024 $2,774 -- -- --
2023 $2,774 $34,981 $34,981 $0
2022 $2,724 $33,015 $33,015 $0
2021 $2,763 $28,862 $28,862 $0
2020 $3,322 $0 $0 $0
2019 $3,290 $0 $0 $0
2018 $3,140 $0 $0 $0
2017 $3,055 $0 $0 $0
2016 $3,015 $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: 6173028

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-30-060