NOT LISTED FOR SALE

55 Russet Ridge Place Unit 80 Sedona, AZ 86351

Estimated Value: $439,000 - $541,000

2.71 Acres
$174,585 Price per Acre
118,048 Sq Ft Lot

Last Sold November 18, 2020

Last sale price $185,000

Est. 156% increase in value since last sale

Current estimated payment $3,064/month

Highlights

  • Gated Community
  • Cul-De-Sac
  • Gentle Sloping Lot
  • Mountain View

About This Lot

As of November 2020

Lot 80 - This 2.71 acre premium lot in Sedona presents picturesque red rock buttes and mountain vista views. Lot 80 sits at the end of a cul-de-sac. With 2.71 Acres, this lot is the BEST PRICE in the Cross Creek Ranch. An exclusive residential community, Cross Creek Ranch has been planned as an upscale, gated community with 84 natural custom home-sites. One of the unique features of this gated community is its proximity to Oak Creek, which borders the subdivision on three sides, yielding a one-of-a-kind relationship with one of Sedona's most significant natural features. Hiking/walking trail system that provides access for the residents to Oak Creek, Red Rock State Park and National Forest. UTILITIES: Underground utilities to preserve the views. Minutes (Approx. 9-10 Min) to West Sedona.

Last Agent to Sell the Property

Jeanette Sauer

Russ Lyon Sotheby's International Realty License #SA644577000 Listed on: 10/09/2020

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,169

Lot Details

  • 2.71 Acre Lot
  • Cul-De-Sac
  • Gentle Sloping Lot
  • Property is zoned RCU-2A

HOA Fees

  • $218 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

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

Listing and Financial Details

  • Tax Lot _80
  • Assessor Parcel Number 408-19-118

Community Details

Overview

  • Cross Creek Ranch Association, Phone Number (928) 282-4479
  • Cross Creek Ranch Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,169

Lot Details

0

HOA Fees

$218 per month

Listing Details

  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Gentle Sloping
  • Zoning: RCU-2A
  • Tax Year: 2019
  • Directions: HWY 89A to Lower Red Rock Loop Rd. Stay on Red Rock Loop Rd & enter through Cross Creek Ranch GATED entry. Head southeast on Cross Creek Cir. Right On Russet Ridge Place. End of cul-de-sac. See Plat!
  • Horses: No
  • Lot Size Acres: 2.71
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: Cross Creek Ranch
  • View:Mountain View(s): Yes
  • Water Source Community Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Fencing: None
  • Lot Features: Other, See Remarks, Cul-De-Sac, Gated Community, Border Common Area
  • View: Mountain(s)
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: Underground
  • Water Source: Community Franchise, None

Condo/Co-op/Association

  • Annual HOA Fees: 654.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 928-282-4479
  • HOA Transfer Fee: 200.0
  • Association Fee: 654.0
  • Association Fee Frequency: Quarterly
  • Association Name: Cross Creek Ranch
  • Phone: 928-282-4479
  • 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: PROVIDED IN ESCROW
  • Lot Size Sq Ft: 118047.6
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 408-19-118

Tax Info

  • Tax Annual Amount: 3169.0
  • Tax Book Number: 408.00
  • Tax Lot: _80
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2022
Sold by
Rabe Steven E and Rabe Karen J
Bought by
Greenawalt Family Trust
Current Estimated Value
$473,126

Purchase Details

Listed on
Oct 9, 2020
Closed on
Nov 12, 2020
Sold by
Sedtex Llc
Bought by
Rabe Steven E and Kovacic Karen J
Seller's Agent
Jeanette Sauer
Russ Lyon Sotheby's International Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.65%

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
$432,000
Interest Rate
5.64%
Mortgage Type
New Conventional
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
Greenawalt Family Trust $410,000 Yavapai Title Agency
Rabe Steven E $185,000 Stewart Title & Trust
Sedtex Llc $350,000 Pioneer Title
Gorges Richard A $540,000 Yavapai Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gorges Richard A $432,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $185,000 0.0% --
11/18/2020 11/18/20 Sold $185,000 -7.0% --
10/09/2020 10/09/20 For Sale $199,000 0.0% --
10/09/2020 10/09/20 Pending -- -- --
09/07/2020 09/07/20 Price Changed $199,000 -19.8% --
12/19/2019 12/19/19 For Sale $248,000 0.0% --
12/04/2019 12/04/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $248,000 -- --
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 $3,215 -- -- --
2024 $3,130 -- -- --
2023 $3,130 $42,715 $42,715 $0
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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6144550

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-19-118