NOT LISTED FOR SALE

50 Russet Ridge Place Sedona, AZ 86351

Estimated Value: $2,140,000 - $2,306,000

2.07 Acres
$1,067,131 Price per Acre
90,169 Sq Ft Lot

Last Sold July 02, 2018

Last sale price $223,000

Est. 891% increase in value since last sale

Current estimated payment $12,594/month

14 Days on Market

Highlights

  • Views of Red Rock
  • Cul-De-Sac
  • Level Lot
  • Gated Community
  • Landscaped with Trees

About This Lot

As of July 2018

This is certainly one of Cross Creek Ranch's most beautiful views with sweeping panoramic views of Cathedral Rock & the entire eastern vista of fantastic red rocks, broad southern views of Lichen Butte, beautiful western sunsets and more. There are even views of the night lights of Jerome and the Mingus Mountains. This is a gently sloping parcel with numerous great building sites, filled with gorgeous native vegetation and trees. This property will provide the ideal balance of incredible red rock views, a lush setting and privacy, while ideally located at the rear of the Russet Ridge Place cul-de-sac. Please walk this property and you'll see how outstanding it is.

Last Agent to Sell the Property

Roy Grimm

RE/MAX Sedona License #BR504752000 Listed on: 05/21/2018

RE/MAX Sedona

Last Buyer's Agent

Jeanette Sauer

Russ Lyon Sotheby's Intl Rlty License #SA021068000

Russ Lyon Sotheby's Intl Rlty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,171

Lot Details

  • 2.07 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Hillside Location
  • Landscaped with Trees

HOA Fees

  • $208 Monthly HOA Fees

Property Views

  • Lake
  • Red Rock
  • Panoramic
  • Mountain

Utilities

  • Underground Utilities
  • Private Water Source
  • Private Sewer
  • Phone Available

Community Details

Overview

  • Cross Creek Ranch Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,171

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Sub Type: Residential
  • Association Fee Frequency: Quarterly
  • Association Fees: Homeowners
  • Pet Privileges: Domestics
  • Amount of Taxes: 3171.00
  • Lot Acreage: 2.07
  • Association Fee: 624.00
  • Directions: State Route 89A in West Sedona to Lower Red Rock Loop Road (Red Rock State Park Signs), turn LEFT and follow to bridge at Cross Creek Ranch, cross bridge, enter CCR gate, turn RIGHT on to Russet Ridge. The lot is on the LEFT.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Flood Zone: Verify
  • Location: Cul-De-Sac, Gated Community, Red Rock, Trees, View
  • Property Type: Land
  • Road Access: Private
  • Road Maintenance: County Maintained, Privately Maintained
  • Views: Lake/Creek/River, Mountains, Panoramic, Red Rocks/Boulders
  • Subdivision: Cross Creek Ranch
  • Utilities Available: Electricity, Private Water, Sewer (Private), Telephone, Underground Utilities

Lot Info

  • Lot Dimensions: Per plat of record
  • Topography: Hillside, Level, Sloped Gentle

Tax Info

  • Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Jun 26, 2018
Sold by
Sedtex Llc
Bought by
Penchina Jeffrey and Penchina Sharon R
Seller's Agent
Roy Grimm
RE/MAX Sedona
Buyer's Agent
Jeanette Sauer
Russ Lyon Sotheby's Intl Rlty
List Price
$239,000
Sold Price
$223,000
Premium/Discount to List
-$16,000
-6.69%
Current Estimated Value
$2,208,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,985,962
Avg. Annual Appreciation
37.14%

Purchase Details

Closed on
Dec 20, 2011
Sold by
Gorges Richard A and Gorges Marion
Bought by
Sedtex Llc

Purchase Details

Closed on
Dec 2, 2004
Sold by
Cachet Western Ii Llc
Bought by
Gorges Richard A and Gorges Marion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.64%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Penchina Jeffrey $223,000 Pioneer Title Agency
Sedtex Llc $350,000 Pioneer Title
Gorges Richard A $415,000 Yavapai Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gorges Richard A $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2018 07/02/18 Sold $223,000 -6.7% --
06/04/2018 06/04/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $239,000 -- --
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 $7,545 $173,426 -- --
2024 $7,343 $181,697 -- --
2023 $7,343 $131,369 $28,477 $102,892
2022 $3,073 $35,137 $35,137 $0
2021 $3,123 $32,806 $32,806 $0
2020 $3,200 $0 $0 $0
2019 $3,169 $0 $0 $0
2018 $3,258 $0 $0 $0
2017 $3,171 $0 $0 $0
2016 $3,128 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roy Grimm

    Seller's Agent in 2018

    Roy Grimm

    RE/MAX

    (928) 300-0690

    105 Total Sales

    Roy Grimm
    Section Image
  • Jeanette Sauer

    Buyer's Agent in 2018

    Jeanette Sauer

    Russ Lyon Sotheby's Intl Rlty

    (928) 660-9266

    278 Total Sales

    Jeanette Sauer
    Section Image
See All Agents

Map

Source: Sedona Verde Valley Association of REALTORS®

MLS Number: 516434

Sedona Verde Valley Association of REALTORS®

APN: 408-19-119

Arizona Yavapai County Sedona 86351

50 Russet Ridge Place, Sedona, AZ

This home is located at 50 Russet Ridge Place, Sedona, AZ 86351 since 21 May 2018 and is currently estimated at $2,208,962. 50 Russet Ridge Place is a home located in Yavapai County with nearby schools including Sedona Red Rock Junior/Senior High School.

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.

Nearby Homes