NOT LISTED FOR SALE

Estimated Value: $1,099,000 - $1,280,000

3 Beds
4 Baths
1,872 Sq Ft
$654/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $850,000 $454 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,051/month

25 Days on Market

Highlights

  • Views of Red Rock
  • 1.03 Acre Lot
  • Eat-In Kitchen
  • Guest House
  • Vaulted Ceiling
  • Double Pane Windows

About This Home

As of February 2021

Very unique Cedar Cove log cabin home! This authentic cabin home sits on over an acre of prime real estate! Fantastic views from the vaulted living room windows and outdoor deck and fenced back & side yard. Enjoy the red rock views and brilliant blue skies in the day or the beautiful night time stars while relaxing outside on this spacious land. The main house is 1560 sq ft, with a loft which has been used as personal office. Additional 300 plus sq ft bedroom/office/studio on 2nd floor. This room is heated by pellet stove only. Access to loft & office is accessible by outdoor stairwell. The main living room & kitchen is divided by a majestic stone/rock fireplace. Gas fireplace on living room side and pellet stove on kitchen dining side. Large master bedroom & bath each have a glass door to outdoor small deck area. Large laundry room with lots of storage is attached to the garage.
This charming home has incredible possibilities to enhance the overall living space, to create your dream home!! There is no HOA ~ Many options for short term rental.

Last Agent to Sell the Property

John Cunningham

DreamWest Real Estate Services License #BR113334000 Listed on: 01/25/2021

Co-Listed By

Robin Cunningham

DreamWest Real Estate Services License #SA115207000

Last Buyer's Agent

Kathy Cox

Realty ONE Group Mountain Desert License #BR578689000

Realty ONE Group Mountain Desert

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,969

Year Built

  • Built in 1993

Lot Details

  • 1.03

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Views of Red Rock
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms
  • Bathtub With Separate Shower Stall

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Septic Tank

Additional Features

  • 1.03 Acre Lot
  • Guest House

Community Details

  • Under 5 Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40528011t

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,969

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Year Built: 1993
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 1.03
  • Co List Office Mls Id: dres559
  • Co List Office Phone: 928-821-1852
  • Subdivision Name: Under 5 Acres
  • View Red RocksBoulders: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), Separate Shwr & Tub
  • Living Area: 1872.0
  • Stories: 2
  • Window Features: Dual Pane
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Other Structures: Separate Guest House
  • Roof: Composition
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Onsite Well
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 44867.0
  • Parcel #: 40528011t

Tax Info

  • Tax Annual Amount: 4969.0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Feb 18, 2021
Sold by
Knell Edie Petersen
Bought by
Butler Stacey Lee
Seller's Agent
John Cunningham
DreamWest Real Estate Services
Buyer's Agent
Kathy Cox
Realty ONE Group Mountain Desert
List Price
$749,000
Sold Price
$850,000
Premium/Discount to List
$101,000
13.48%
Current Estimated Value
$1,254,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,959
Avg. Annual Appreciation
8.13%
Original Mortgage
$467,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2010
Sold by
Knell Arthur T
Bought by
Knell Edie Petersen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$885,000
Interest Rate
4.51%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 23, 2001
Sold by
Hagen Arthur T and Petersen Edie
Bought by
Knell Arthur T and Knell Edie Peterson
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
Butler Stacey Lee $850,000 Stewart Title & Trust Sedona
Knell Edie Petersen -- None Available
Knell Arthur T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butler Stacey Lee $467,500
Previous Owner Knell Edie Petersen $885,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2021 02/24/21 Sold $850,000 +13.5% $454 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $749,000 -- $400 / 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 $5,634 $112,343 -- --
2024 $5,376 $113,742 -- --
2023 $5,475 $88,553 $20,432 $68,121
2022 $5,376 $67,376 $15,460 $51,916
2021 $4,971 $66,144 $13,341 $52,803
2020 $4,969 $0 $0 $0
2019 $4,930 $0 $0 $0
2018 $4,688 $0 $0 $0
2017 $4,577 $0 $0 $0
2016 $4,489 $0 $0 $0
2015 $4,293 $0 $0 $0
2014 $4,040 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 525295

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-28-011T