NOT LISTED FOR SALE

5915 N Thunder Ridge Rd Rimrock, AZ 86335

Lake Montezuma Neighborhood

Estimated Value: $899,692 - $1,292,000

-- Bed
-- Bath
3,508 Sq Ft
$296/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $367,500 $105 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $5,677/month

248 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating System Uses Natural Gas

About This Home

As of June 2013

Quality built two story four plex with two 1 bedroom units and two 2 bedroom units. All units include an attached 235sq. ft. garage, 124 sq. ft patio or balcony, porcelain tile floors, carpeted bedroom(s), dishwasher, microwave, refrigerator, garbage disposal, and an oversized bathroom. 100% Occupied. See attached Proforma.

Last Agent to Sell the Property

Leslie Belsanti

Da Vinci Realty, LLC License #BR505627000 Listed on: 08/28/2012

Last Buyer's Agent

Sharon Steel

eXp Realty License #BR540910000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,987

Year Built

  • Built in 2005

Lot Details

  • 0.27

Home Design

  • Wood Frame Construction
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 405-25-111

Community Details

Overview

  • 4 Units
  • Building Dimensions are Irregular
  • Thunder Ridge Subdivision

Building Details

  • Operating Expense $1,987
  • Gross Income $148,800
  • Net Operating Income $30,409

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,987

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: Beaver Creek
  • Legal Info Range: 25
  • Property Type: Multiple Dwellings
  • Zoning: R2-3
  • Number Of Buildings: 1
  • Year Built: 2005
  • Tax Year: 2011
  • Directions: his investment Property is located in the Thunder Ridge Subdivision, off Beaver Creek Rd., within 5 miles of Interstate 17 and the McGuireville exit in the Verde Valley.
  • Road Surface Type: Asphalt
  • Subdivision Name: Thunder Ridge
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Stucco, Frame - Wood
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Garage Details: Yes
  • Parking:Attached: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS
  • Cooling: Individual, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Franchise
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Landscape Wtr System: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:See Remarks15: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes

Lot Info

  • Lot Size: Irregular
  • Additional Parcels: No
  • Parcel #: 405-25-111

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 148800.0
  • Property Net Operating Income: 30409.0
  • Annual Operating Expense: 1987.0
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 1987.0
  • Tax Book Number: 405.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2012
Closed on
Jul 14, 2013
Sold by
Walker Harriet Janes
Bought by
Walker Harriet Jane and The Walker Survivors Trust
Seller's Agent
Leslie Belsanti
Da Vinci Realty, LLC
Buyer's Agent
Sharon Steel
eXp Realty
List Price
$395,000
Sold Price
$367,500
Premium/Discount to List
-$27,500
-6.96%
Current Estimated Value
$1,039,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$672,397
Avg. Annual Appreciation
8.84%
Original Mortgage
$258,750
Outstanding Balance
$183,978
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$855,919

Purchase Details

Listed on
Aug 28, 2012
Closed on
Jun 18, 2013
Sold by
Kennen David W and The David Kennen Family Trust
Bought by
Walker Harriet Jane
Seller's Agent
Leslie Belsanti
Da Vinci Realty, LLC
Buyer's Agent
Sharon Steel
eXp Realty
List Price
$395,000
Sold Price
$367,500
Premium/Discount to List
-$27,500
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Outstanding Balance
$183,978
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$855,919

Purchase Details

Closed on
Jun 26, 2007
Sold by
Kennen David W
Bought by
Kennen David W and The David Kennen Family Trust

Purchase Details

Closed on
Sep 4, 2003
Sold by
Nemanich John and Nemanich Joy
Bought by
Kennen David W

Purchase Details

Closed on
Sep 3, 2002
Sold by
Moen Dianne M and Zahnle Dianne M
Bought by
Nemanich John and Nemanich Joy

Purchase Details

Closed on
Jul 13, 1998
Sold by
Fernandes Louis M
Bought by
Moen Dianne M
Source: Public Records

Range of Values:

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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
Walker Harriet Jane -- None Available
Walker Harriet Jane $370,000 Empire West Title Agency
Kennen David W -- None Available
Kennen David W $15,000 Transnation Title Ins Co
Nemanich John $16,000 Chicago Title Insurance Co
Moen Dianne M $3,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Harriet Jane $258,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2013 06/28/13 Sold $367,500 -7.0% $105 / Sq Ft
05/03/2013 05/03/13 Pending -- -- --
08/28/2012 08/28/12 For Sale $395,000 -- $113 / Sq Ft
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 $1,706 $46,418 -- --
2024 $1,715 $50,081 -- --
2023 $1,652 $41,426 $1,086 $40,340
2022 $1,715 $32,408 $612 $31,796
2021 $1,639 $35,128 $739 $34,389
2020 $1,599 $0 $0 $0
2019 $1,572 $0 $0 $0
2018 $1,520 $0 $0 $0
2017 $1,681 $0 $0 $0
2016 $1,625 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leslie Belsanti

    Seller's Agent in 2013

    Leslie Belsanti

    Da Vinci Realty, LLC

    (928) 600-1094

    39 Total Sales

    Leslie Belsanti
    Section Image
  • Sharon Steel

    Buyer's Agent in 2013

    Sharon Steel

    eXp Realty

    (888) 897-7821

    Sharon Steel
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4810327

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-25-111

Arizona Yavapai County Rimrock 86335 Lake Montezuma

5915 N Thunder Ridge Rd, Rimrock, AZ

This home is located at 5915 N Thunder Ridge Rd, Rimrock, AZ 86335 since 28 August 2012 and is currently estimated at $1,039,897, approximately $296 per square foot. This property was built in 2005. 5915 N Thunder Ridge Rd is a home located in Yavapai County with nearby schools including Beaver Creek 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.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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