NOT LISTED FOR SALE

Estimated Value: $428,000 - $495,100

1.4 Acres
$336,452 Price per Acre
60,984 Sq Ft Lot

Last Sold April 26, 2023

Last sale price $465,000

Est. 1% increase in value since last sale

Current estimated payment $2,702/month

187 Days on Market

Highlights

  • Views of Red Rock
  • Gated Community
  • Level Lot

About This Lot

As of April 2023

Views, Views, and more Views! This sumptuous lot is located in coveted Cathedral Rock (CR) Ranch, a gated community of luxury homes and homesites, praised for it's unique setting at the base of it's namesake, Sedona's most iconic stone wonder. The 1.4 acres of wide frontage on the high side of the roadway enjoys forever-unblockable views of Cathedral, Seven Warriors, and Capitol Butte. CR Ranch borders the vast Coconino National Forest and world class hiking, yet is mere minutes away from shopping, dining, golf, and the amenities of the Village of Oak Creek. All roadways are paved with contoured curbs and hand set paver sidewalks. This lot is sure to delight the most discriminating buyer.

Last Agent to Sell the Property

Coco (Kymberly) Clark

Russ Lyon Sotheby's International Realty License #SA661516000 Listed on: 09/30/2022

Russ Lyon Sotheby's International Realty

Co-Listed By

Roy Grimm

RE/MAX Sedona

Last Buyer's Agent

Debra Gregor

Russ Lyon Sotheby's International Realty License #SA680801000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,597

Lot Details

  • 1.4 Acre Lot
  • Level Lot
  • Property is zoned R1L-35

Property Views

  • Red Rock
  • Panoramic
  • Mountain

Utilities

  • Private Water Source

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 40830053

Community Details

Overview

  • Property has a Home Owners Association
  • Cathedral Rock Ranch Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,597

Lot Details

0

Listing Details

  • Legal Info Range: 05E
  • Property Type: Land
  • Topography: Level
  • Zoning: R1L-35
  • Tax Year: 2022
  • Lot Size Acres: 1.4
  • Co List Office Mls Id: rmxs01
  • Co List Office Phone: 928-282-4166
  • Subdivision Name: Cathedral Rock Ranch
  • View:Mountain View(s): Yes
  • View Red RocksBoulders: Yes
  • Water Source Private Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Gated Community
  • View: Mountain(s), Red Rocks/Boulders, Panoramic
  • Other Structures: None
  • View:Panoramic: Yes

Utilities

  • Water Source: Private

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 60984.0
  • Parcel #: 40830053

Tax Info

  • Tax Annual Amount: 2597.0
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Apr 19, 2023
Sold by
Mcgill Everett C and Mcgill Linda
Bought by
Palermo Peter S and Palermo Mary Ann
Seller's Agent
Coco (Kymberly) Clark
Russ Lyon Sotheby's International Realty
Buyer's Agent
Debra Gregor
Russ Lyon Sotheby's International Realty
List Price
$495,000
Sold Price
$465,000
Premium/Discount to List
-$30,000
-6.06%
Views
145
Current Estimated Value
$471,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,033
Avg. Annual Appreciation
0.49%

Purchase Details

Listed on
Sep 30, 2022
Closed on
Apr 6, 2023
Sold by
Mcgill Everett C and Mcgill Linda
Bought by
Basset James Neil and Basset Mary Beth
Seller's Agent
Coco (Kymberly) Clark
Russ Lyon Sotheby's International Realty
Buyer's Agent
Debra Gregor
Russ Lyon Sotheby's International Realty
List Price
$495,000
Sold Price
$465,000
Premium/Discount to List
-$30,000
-6.06%
Views
145

Purchase Details

Closed on
Nov 17, 2004
Sold by
Stanton Douglas A and Stanton Diana G
Bought by
Stanton Custom Homes Llc

Purchase Details

Closed on
Nov 12, 2004
Sold by
Stanton Custom Homes Llc
Bought by
Mcgill Everett C and Mcgill Linda

Purchase Details

Closed on
May 25, 2004
Sold by
Stanton Custom Homes Llc
Bought by
Stanton Douglas A and Stanton Diana G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2002
Sold by
Cathedral Rock Ranch Llc
Bought by
Stanton Custom Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palermo Peter S $465,000 Stewart Title & Trust Of Phoen
Basset James Neil -- None Listed On Document
Stanton Custom Homes Llc -- Chicago Title Ins Co
Mcgill Everett C $375,000 Chicago Title Ins Co
Stanton Douglas A -- Pioneer Title Agency
Stanton Custom Homes Llc $260,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stanton Douglas A $300,000
Previous Owner Stanton Custom Homes Llc $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2023 04/26/23 Sold $465,000 -6.1% --
04/05/2023 04/05/23 Pending -- -- --
09/30/2022 09/30/22 For Sale $495,000 -- --
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 $2,722 -- -- --
2024 $2,597 -- -- --
2023 $2,645 $33,654 $33,654 $0
2022 $2,597 $31,744 $31,744 $0
2021 $2,635 $28,594 $28,594 $0
2020 $2,635 $0 $0 $0
2019 $2,609 $0 $0 $0
2018 $2,490 $0 $0 $0
2017 $2,424 $0 $0 $0
2016 $2,392 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 531397

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-30-053