NOT LISTED FOR SALE

Estimated Value: $361,000 - $565,251

1.67 Acres
$300,487 Price per Acre
72,745 Sq Ft Lot

Last Sold January 17, 2012

Last sale price $180,000

Est. 179% increase in value since last sale

Current estimated payment $2,864/month

235 Days on Market

Highlights

  • Views of Red Rock
  • Corner Lot
  • Partially Fenced Property

About This Lot

As of January 2012

Beautiful Lot!!! Wide and flat with great orientation toward Cathedral Rock to the Northeast! Perfect orientation for a home to capture Red Rock Views in many directions and turn it's back to the western setting sun! A lovely choice for a building lot in a beautiful gated subdivision! Located at the foothills of Cathedral Rock, with easy access to the amenities and charm of the Village of Oak Creek, and the town of Sedona. Cathedral Rock Ranch is a premier gated custom home community in Sedona. CR Ranch offers harmony of lifestyle and nature! It was designed with respect for the vegetation, natural geography, and resident wildlife; while at the same time affording it's residents an unprecedented living environment. Some of the most beautiful homes in S... (see supplement for full remarks Beautiful Lot!!! Wide and flat with great orientation toward Cathedral Rock to the Northeast! Perfect orientation for a home to capture Red Rock Views in many directions and turn it's back to the western setting sun! A lovely choice for a building lot in a beautiful gated subdivision! Located at the foothills of Cathedral Rock, with easy access to the amenities and charm of the Village of Oak Creek, and the town of Sedona. Cathedral Rock Ranch is a premier gated custom home community in Sedona. CR Ranch offers harmony of lifestyle and nature! It was designed with respect for the vegetation, natural geography, and resident wildlife; while at the same time affording it's residents an unprecedented living environment. Some of the most beautiful homes in Sedona have been built in CR Ranch. Here is your opportunity to own your own piece of CR Ranch!! Agent is available to walk the lot with you, and can arrange a builder consultation too!

Last Agent to Sell the Property

Claudine Pinto

RE/MAX Sedona License #BR111838000 Listed on: 05/27/2011

RE/MAX Sedona

Last Buyer's Agent

Devin Johnston

Russ Lyon Sotheby's International Realty License #SA626326000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,128

Lot Details

  • 1.67 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Property is zoned RS1

Property Views

  • Red Rock
  • Panoramic
  • Mountain
  • Desert

Utilities

  • Private Water Source

Community Details

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

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 40830071

Property Details

Property Type

Land

Est. Annual Taxes

$4,128

Lot Details

0

Listing Details

  • Legal Info Range: 5E
  • Property Type: Land
  • Topography: Level
  • Zoning: RS1
  • Tax Year: 2010
  • Lot Size Acres: 1.67
  • Subdivision Name: Cathedral Rock Ranch
  • View:Mountain View(s): Yes
  • View:Desert: Yes
  • View Red RocksBoulders: Yes
  • Water Source Private Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Rural

Exterior Features

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

Utilities

  • Water Source: Private

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 72745.2
  • Parcel #: 40830071

Tax Info

  • Tax Annual Amount: 4128.2
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2011
Closed on
Dec 28, 2011
Sold by
Crenshaw Michael S and Crenshaw Deborah L H
Bought by
Busque Christopher M and Busque Patricia K
Seller's Agent
Claudine Pinto
RE/MAX Sedona
Buyer's Agent
Devin Johnston
Russ Lyon Sotheby's International Realty
List Price
$225,000
Sold Price
$180,000
Premium/Discount to List
-$45,000
-20%
Current Estimated Value
$501,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,813
Avg. Annual Appreciation
7.64%
Original Mortgage
$144,000
Outstanding Balance
$57,690
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$444,123

Purchase Details

Closed on
Nov 17, 2004
Sold by
Crenshaw Michael S and Crenshaw Deborah L H
Bought by
Crenshaw Michael S and Crenshaw Deborah L H

Purchase Details

Closed on
Jan 9, 2002
Sold by
Cathedral Rock Ranch Llc
Bought by
Crenshaw Michael S and Crenshaw Deborah L H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.84%
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
Busque Christopher M $180,000 Pioneer Title
Crenshaw Michael S -- --
Crenshaw Michael S -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busque Christopher M $144,000
Previous Owner Crenshaw Michael S $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2012 01/17/12 Sold $180,000 -20.0% --
01/17/2012 01/17/12 Pending -- -- --
05/27/2011 05/27/11 For Sale $225,000 -- --
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 $36,808 $36,808 $0
2022 $2,597 $35,200 $35,200 $0
2021 $2,635 $31,451 $31,451 $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: 130108

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-30-071