NOT LISTED FOR SALE

Estimated Value: $1,406,000 - $1,808,000

3 Beds
4 Baths
2,874 Sq Ft
$545/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $1,325,000 $461 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,605/month

33 Days on Market

Highlights

  • Views of Red Rock
  • 0.69 Acre Lot
  • Vaulted Ceiling
  • Manuel Demiguel Elementary School Rated A-
  • Contemporary Architecture
  • Cul-De-Sac

About This Home

As of May 2023

Rare find. Luxury home investor-special. Home recently demoed and needs full interior remodel. Huge wrap around panoramic red rock views in one of the most view-rich areas in Sedona; Stunning red rock views from all windows. Views, location, and close proximity to restaurants, shopping and hiking and biking trails make this a powerful short term rental option. New 2022 roof w/warranty. Mother-in-law apartment has separate entry. AS-IS sale. No HOA. Home qualifies for 75%-85% LTV DSCR financing! Seller is willing to carry with a short term. Offers being reviewed and responded to on 4/21.

Last Agent to Sell the Property

Chad McMahan

Realty ONE Group Mountain Desert License #SA637448000 Listed on: 04/05/2023

Realty ONE Group Mountain Desert

Last Buyer's Agent

Chad McMahan

Realty ONE Group Mountain Desert License #SA637448000 Listed on: 04/05/2023

Realty ONE Group Mountain Desert

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,970

Year Built

  • Built in 1968

Lot Details

  • 0.69 Acre Lot
  • Cul-De-Sac

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,874 Sq Ft Home
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Views of Red Rock
  • Unfinished Basement
  • Partial Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

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

Additional Features

  • Patio
  • Heating System Uses Natural Gas

Community Details

  • Gem Tract Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 40112021a

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,970

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Basement: Y
  • Year Built: 1968
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.69
  • Subdivision Name: Gem Tract
  • Architectural Style: Contemporary
  • View Red RocksBoulders: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Unfinished, Partial
  • Flooring: Other
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), Separate Shwr & Tub
  • Living Area: 2874.0
  • Window Features: Skylight(s), Dual Pane
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Separate Workshop: Yes
  • Kitchen Features:None42: Yes
  • Basement Description:Unfinished2: Yes
  • Basement Description:Partial: Yes

Exterior Features

  • Lot Features: Cul-De-Sac
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Patio
  • Roof: Composition, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Utilities

  • Heating: Natural Gas
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 30056.0
  • Parcel #: 40112021a

Tax Info

  • Tax Annual Amount: 2970.0
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2024
Sold by
Armstrong Russell
Bought by
181 Quail Ridge Lane Llc
Current Estimated Value
$1,565,268

Purchase Details

Listed on
Mar 3, 2022
Closed on
Mar 14, 2022
Sold by
Quast James Gilbert and Quast Caren
Bought by
Napili Llc
Seller's Agent
Janet Bigelow
Make Sedona My Home Realty
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$1,250,000
Sold Price
$1,550,000
Premium/Discount to List
$300,000
24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.27%

Purchase Details

Listed on
Mar 7, 2012
Closed on
May 21, 2012
Sold by
Us Bank National Association
Bought by
Quast James Gilbert and Caraway Quast Caren
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Barbara Baker
Barbara Baker Realty LLC
List Price
$349,900
Sold Price
$320,000
Premium/Discount to List
-$29,900
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.45%

Purchase Details

Closed on
Dec 1, 2011
Sold by
Hering Lisa K
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 30, 2003
Sold by
Vickers Philip and Vickers Barbara
Bought by
Hering Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 1998
Sold by
Vickers Philip and Vickers Barbara
Bought by
Vickers Philip and Vickers Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.86%

Purchase Details

Closed on
Jan 16, 1998
Sold by
Vickers Philip and Vickers Barbara
Bought by
Vickers Philip and Vickers Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,500
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
181 Quail Ridge Lane Llc -- None Listed On Document
Napili Llc $1,550,000 Stewart Title & Trust Of Phoen
Quast James Gilbert $320,000 First American Title Ins Co
Us Bank National Association $475,000 Great American Title Agency
Hering Lisa K $522,500 Fidelity National Title
Vickers Philip -- Transnation Title Ins Co
Vickers Philip -- Transnation Title Ins Co
Vickers Philip -- Transnation Title Insurance
Vickers Philip -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hering Lisa K $418,000
Previous Owner Vickers Philip $220,000
Previous Owner Vickers Philip $138,500
Closed Hering Lisa K $78,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2023 05/09/23 Sold $1,325,000 +7.3% $461 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $1,235,000 -20.3% $430 / Sq Ft
03/21/2022 03/21/22 Sold $1,550,000 +24.0% $539 / Sq Ft View Prior Sale
03/20/2022 03/20/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $1,250,000 +290.6% $435 / Sq Ft
05/31/2012 05/31/12 Sold $320,000 -8.5% $111 / Sq Ft View Prior Sale
05/24/2012 05/24/12 Pending -- -- --
03/07/2012 03/07/12 For Sale $349,900 -- $122 / 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
2025 $4,939 $116,359 -- --
2024 $4,939 $122,055 -- --
2023 $3,079 $70,327 $0 $0
2022 $2,970 $52,196 $0 $0
2021 $2,878 $44,249 $0 $0
2020 $2,834 $42,767 $0 $0
2019 $2,754 $44,654 $0 $0
2018 $2,389 $42,256 $0 $0
2017 $2,390 $42,079 $0 $0
2016 $2,335 $36,955 $0 $0
2015 $2,217 $38,079 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 532769

Arizona Regional Multiple Listing Service (ARMLS)

APN: 401-12-021A