NOT LISTED FOR SALE

Estimated Value: $363,000 - $437,000

2 Beds
2 Baths
1,314 Sq Ft
$310/Sq Ft Est. Value

Last Sold September 25, 2024

Last sale price $410,000 $312 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,238/month

61 Days on Market

Highlights

  • Contemporary Architecture
  • Double Pane Windows
  • Patio
  • Vaulted Ceiling
  • Cooling Available
  • ENERGY STAR Qualified Appliances

About This Home

As of September 2024

Discover tranquility in this charming two-bedroom, two-bathroom house nestled in picturesque Rimrock, Arizona. Boasting panoramic views that will take your breath away, this property offers an unparalleled sense of privacy on its generous lot. The spacious 160 square foot deck provides the perfect vantage point to soak in the stunning vistas and entertain guests.
Recently updated with modern amenities, this home features waterproof cork bottom luxury vinyl plank floors, a brand new heating, ventilation, and air conditioning system, and new appliances throughout. The newly installed roof ensures peace of mind, while the electric charging station adds a touch of eco-friendly convenience. Golf enthusiasts will appreciate the garage designed for a golf cart, with the option to purchase.

Last Agent to Sell the Property

Denise Lerette

Russ Lyon Sotheby's International Realty License #SA528330000 Listed on: 07/22/2024

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Carol Pinciaro

REAL ESTATE BROKERS OF SEDONA License #BR526272000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,091

Year Built

  • Built in 1998

Lot Details

  • 0.45

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,314 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Basement

Kitchen

  • Built-In Microwave
  • ENERGY STAR Qualified Appliances

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Propane
  • Septic Tank

Additional Features

  • Patio
  • 0.45 Acre Lot

Community Details

  • L Montez Hill Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 92
  • Assessor Parcel Number 40501117a

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,091

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Basement: Y
  • Year Built: 1998
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.45
  • Subdivision Name: L Montez Hill
  • Architectural Style: Contemporary
  • Cooling:Ceiling Fan(s): Yes
  • Utilities Butane Propane: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 1314.0
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Home Warranty: Yes
  • Construction Type: Wood Frame, Block
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes

Utilities

  • Utilities: Propane
  • Cooling: Ceiling Fan(s)
  • Heating: Propane
  • Laundry Features: Engy Star (See Rmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Sewer Septic Tank: Yes
  • Heating:Propane: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19602.0
  • Parcel #: 40501117a

Green Features

  • GreenEnergy Cert:Energy Star Cert: Yes

Tax Info

  • Tax Annual Amount: 1091.0
  • Tax Lot: 92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Aug 20, 2024
Sold by
William Robert Kelly and William Pamela Jo
Bought by
Lowenhaupt Timothy D
Seller's Agent
Denise Lerette
Russ Lyon Sotheby's International Realty
Buyer's Agent
Carol Pinciaro
REAL ESTATE BROKERS OF SEDONA
List Price
$430,000
Sold Price
$410,000
Premium/Discount to List
-$20,000
-4.65%
Views
3
Current Estimated Value
$407,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,492
Avg. Annual Appreciation
-0.54%
Original Mortgage
$385,000
Outstanding Balance
$380,317
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$27,191

Purchase Details

Listed on
Jun 17, 2015
Closed on
Sep 14, 2015
Sold by
Clark Janet G and Earnshaw Janet G
Bought by
Kelly William Robert and Kelly Pamela Jo
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Denise Lerette
Russ Lyon Sotheby's International Realty
List Price
$199,800
Sold Price
$170,000
Premium/Discount to List
-$29,800
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$136,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2015
Closed on
Aug 25, 2015
Sold by
Earnshaw Cameron L
Bought by
Clark Janet Gaye and Earnshaw Janet G
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Denise Lerette
Russ Lyon Sotheby's International Realty
List Price
$199,800
Sold Price
$170,000
Premium/Discount to List
-$29,800
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2002
Sold by
Velo Construction Inc
Bought by
Velo Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.22%

Purchase Details

Closed on
Dec 26, 1998
Sold by
Velo James T and Velo Debra K
Bought by
Velo Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.12%
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
Lowenhaupt Timothy D $410,000 Empire Title
Kelly William Robert $170,000 Empire West Title Agency
Clark Janet Gaye -- Empire West Title Agency
Velo Debra -- Yavapai Title Agency
Velo Construction Inc -- Capital Title Agency
Velo James T -- Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowenhaupt Timothy D $385,000
Previous Owner Kelly William Robert $136,000
Previous Owner Velo Debra $20,000
Previous Owner Velo James T $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2024 09/25/24 Sold $410,000 -4.7% $312 / Sq Ft
09/21/2024 09/21/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $430,000 +152.9% $327 / Sq Ft
09/23/2015 09/23/15 Sold $170,000 -14.9% $129 / Sq Ft View Prior Sale
09/18/2015 09/18/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $199,800 -- $152 / 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 $1,127 $23,002 -- --
2024 $1,133 $23,395 -- --
2023 $1,091 $19,866 $1,280 $18,586
2022 $1,133 $15,543 $847 $14,696
2021 $1,083 $14,618 $1,023 $13,595
2020 $1,056 $0 $0 $0
2019 $1,038 $0 $0 $0
2018 $1,004 $0 $0 $0
2017 $1,110 $0 $0 $0
2016 $1,074 $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: 536692

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-01-117A