NOT LISTED FOR SALE

550 Grove Dr Sedona, AZ 86336

Estimated Value: $1,577,000 - $1,799,000

3 Beds
3 Baths
2,000 Sq Ft
$858/Sq Ft Est. Value

Last Sold August 14, 2024

Last sale price $1,800,000 $900 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $9,693/month

29 Days on Market

Highlights

  • Spa
  • Panoramic View
  • Covered Patio or Porch
  • Manuel Demiguel Elementary School Rated A-
  • Cathedral Ceiling
  • In-Law or Guest Suite

About This Home

As of August 2024

EXCEPTIONAL VIEWS Uptown! Vacation Rental with high perched, huge, Radiant, Living Views define this spacious house. Just about no matter where you are enjoying life in this vaulted-ceiling home watching TV, cooking, eating dinner, relaxing with a glass of wine on the wrap-around deck, or your master BR - you are enjoying the Living Views. This property is a successful Star Turn Key short term rental (STR) with high demand for its views, spacious layout, and highly desirable, convenient Uptown location. Just an ~8-minute walk to main street of restaurants and shops. Kitchen is fully implemented for holiday meals. Nestled in a nice, wooded, naturescaped neighborhood, this up to date split-level home boasts a spacious open floor plan, laundry room, garage, and loads of storage.

Last Agent to Sell the Property

Jared English

Congress Realty License #BR569813000 Listed on: 04/25/2024

Last Buyer's Agent

Christopher Treanor

My Home Group Real Estate, LLC License #SA692239000

My Home Group Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,051

Year Built

  • Built in 1989

Lot Details

  • 10,454 Sq Ft Lot
  • Back Yard Fenced
  • Drip System Landscaping

Parking

  • 3 Parking Spaces

Property Views

  • Panoramic
  • Mountain

Home Design

  • Slab Foundation
  • Stem Wall Foundation
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,000 Sq Ft Home
  • Multi-Level Property
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 3 Bathrooms

Outdoor Features

  • Spa
  • Covered Patio or Porch

Utilities

  • Refrigerated Cooling System
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Lazy Bear 1 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40115073

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,051

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Cooling: Refrigeration/Centrl
  • External Amenities: Covered Patio(s), Fenced Backyard, Landscaping, Spa/Hot Tub, Sprinkler/Drip
  • Floor Plan: Conventional
  • Floors: Tile
  • Internal Amenities: Bar/Wet Bar, Central Vacuum, Smoke Detector
  • Pet Privileges: Domestics
  • Roof Materials: Tile
  • Total Number Of Rooms: 5
  • Utilities Included: Cable TV, Electricity, Natural Gas, Sewer (Public), Telephone
  • Property Sub Type: Single Family Residence
  • Assessor Parcel Number: 40115073
  • Amount of Taxes: 3051.00
  • Estimated Total Sq Ft: 2000.00
  • Total Bathrooms: 3.00
  • Lot Acreage: 0.24
  • Year Built: 1989
  • Directions: Cross street: Schnebly DR
  • Special Features: None

Interior Features

  • Fireplace: Gas
  • Basement YN: No
  • Construction: Frame - Wood, Stucco
  • Dining Room Features: Living/Dining Combo
  • Flood Zone: Verify
  • Foundation: Slab, Stem Wall
  • Kitchen Features: Breakfast Bar, Electric
  • Levels: Multi-Level
  • Living Room Features: Cathedral Ceiling
  • Other Rooms: In-Law Apartment
  • Parking: 3 or More
  • Property Type: Residential
  • Road Access: Paved
  • Road Maintenance: City Maintained
  • Views: Mountains, Panoramic
  • Water Heater: Tankless
  • Subdivision: Lazy Bear 1 - 2

Exterior Features

  • Windows: Double Glaze

Lot Info

  • LANDLEASE: No

Tax Info

  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Aug 13, 2024
Sold by
Sedrad View Llc
Bought by
Gather Sedona Llc
Seller's Agent
Jared English
Congress Realty
Buyer's Agent
Christopher Treanor
My Home Group Real Estate, LLC
List Price
$2,129,000
Sold Price
$1,800,000
Premium/Discount to List
-$329,000
-15.45%
Views
52
Current Estimated Value
$1,716,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,676
Avg. Annual Appreciation
-4.52%
Original Mortgage
$1,260,000
Outstanding Balance
$1,247,982
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$468,342

Purchase Details

Closed on
Mar 24, 2022
Sold by
Smith Anthony C and Smith Carol
Bought by
Sedrad View Llc

Purchase Details

Listed on
Feb 25, 2021
Closed on
Mar 4, 2021
Sold by
Ames Michael K and Ames Marsha L
Bought by
Smith Anthony C and Rooney Carol
Seller's Agent
Barbara Baker
Barbara Baker Realty LLC
Buyer's Agent
Kris Anderson
eXp Realty
List Price
$939,000
Sold Price
$1,010,000
Premium/Discount to List
$71,000
7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.56%

Purchase Details

Listed on
Oct 15, 2013
Closed on
Jul 25, 2014
Sold by
Masel Max J and Masel Lois F
Bought by
Ames Michael K and Ames Marsha L
Seller's Agent
Catalina Egry
Buyer's Agent
Airen Sapp
List Price
$468,500
Sold Price
$420,000
Premium/Discount to List
-$48,500
-10.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.22%
Original Mortgage
$285,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 1995
Sold by
Masel Max James and Masel Lois F
Bought by
Masel Max J and Masel Lois F
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
Gather Sedona Llc -- Pioneer Title
Sedrad View Llc -- --
Smith Anthony C $1,010,000 Pioneer Title Agency Inc
Ames Michael K $420,000 Stewart Title & Trust Of Pho
Masel Max J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gather Sedona Llc $1,260,000
Previous Owner Ames Michael K $69,865
Previous Owner Ames Michael K $285,000
Previous Owner Masel Max J $217,000
Previous Owner Masel Max J $211,300
Previous Owner Masel Max J $213,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2024 08/14/24 Sold $1,800,000 -4.8% $900 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/15/2024 05/15/24 Price Changed $1,890,000 -3.1% $945 / Sq Ft
05/07/2024 05/07/24 Price Changed $1,950,000 -8.4% $975 / Sq Ft
04/25/2024 04/25/24 For Sale $2,129,000 +110.8% $1,065 / Sq Ft
03/05/2021 03/05/21 Sold $1,010,000 +7.6% $505 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $939,000 +123.6% $470 / Sq Ft
07/30/2014 07/30/14 Sold $420,000 -10.4% $226 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
10/15/2013 10/15/13 For Sale $468,500 -- $252 / Sq Ft
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
2024 $4,088 $101,032 -- --
2023 $3,051 $51,303 $0 $0
2022 $2,943 $44,658 $0 $0
2021 $2,852 $41,552 $0 $0
2020 $2,488 $39,922 $0 $0
2019 $2,414 $34,549 $0 $0
2018 $2,455 $34,122 $0 $0
2017 $2,488 $34,170 $0 $0
2016 $2,431 $33,386 $0 $0
2015 $2,308 $31,027 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sedona Verde Valley Association of REALTORS®

MLS Number: 535932

Sedona Verde Valley Association of REALTORS®

APN: 401-15-073