NOT LISTED FOR SALE

Rimrock, AZ 86335

Lake Montezuma Neighborhood

Estimated Value: $390,298

-- Bed
-- Bath
3,000 Sq Ft
$130/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $385,000 $128 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,211/month

70 Days on Market

Highlights

  • Central Air
  • Heat Pump System
  • 1-minute walk to Rollins Park
  • Concrete Flooring

About This Home

As of October 2023

Now is the time to invest in an area up-and-coming. Be a part of a newly transforming town square in the heart of idyllic Lake Montezuma. Two retail spaces with commercial zoning that allows for multiple uses. Across the street; the historic Ranch House, newly purchased by Sedona Vineyards! Who have plans to build a luxury resort! Check their site to see their plans for the future. And get in on the action today! Owner Will Carry - Mortgage Approximately $2,600 per month. See documents tab for more owner carry info.
Adjacent Lot available, but not listed (Parcel #405-06-026A). Combined would give buyer .51 acres. Prime corner lot zoned C1-3 w/ ample frontage. Inquire for purchase options.
Please confirm w/ county reasons for purchase/operation complies w/ current zoning & use ordinances

Last Agent to Sell the Property

Sushila Kandola

Beaver Creek Realty License #SA706230000 Listed on: 07/06/2023

Last Buyer's Agent

Terry Brock

Russ Lyon Sotheby's International Realty License #BR509508000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,148

Year Built

  • Built in 1964

Lot Details

  • Property is zoned C1-3

Home Design

  • 3,000 Sq Ft Home
  • Foam Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Vinyl

Utilities

  • Central Air
  • Heat Pump System
  • 220 Volts
  • Private Water Source
  • Septic Tank

Community Details

  • Montez Pk 1 11 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40506029

Property Details

Property Type

Other

Est. Annual Taxes

$2,148

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C1-3
  • Number Of Buildings: 1
  • Year Built: 1964
  • Tax Year: 2022
  • Subdivision Name: Montez Pk 1 - 11
  • Electric 220: Yes
  • Water Source Private Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Living Area: 3000.0

Exterior Features

  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Utilities

  • Electric: 220 Volts
  • Cooling: Central Air, Heat Pump
  • Heating: Heat Pump, Electric
  • Green Building Features: Physcl Chlgd (SRmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Parcel #: 40506029

Tax Info

  • Tax Annual Amount: 2148.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2017
Closed on
Dec 13, 2017
Sold by
Nassar George H and The Nassar Family Living Trust
Bought by
Erhart Cheryl
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$225,000
Sold Price
$125,000
Premium/Discount to List
-$100,000
-44.44%
Current Estimated Value
$390,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,298
Avg. Annual Appreciation
15.69%
Source: Public Records

Range of Values:

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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
Erhart Cheryl $125,000 Yavapai Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2023 10/19/23 Sold $385,000 -20.6% $128 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $485,000 +288.0% $162 / Sq Ft
01/16/2018 01/16/18 Sold $125,000 -44.4% $42 / Sq Ft View Prior Sale
12/02/2017 12/02/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $225,000 -- $75 / 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 $2,015 -- -- --
2024 $2,010 -- -- --
2023 $2,010 $31,214 $1,856 $29,358
2022 $2,148 $24,068 $2,760 $21,308
2021 $2,112 $19,751 $2,509 $17,242
2020 $2,060 $0 $0 $0
2019 $2,026 $0 $0 $0
2018 $1,959 $0 $0 $0
2017 $2,380 $0 $0 $0
2016 $2,301 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sushila Kandola

    Beaver Creek Realty

    (928) 274-6624

    38 in this area

    43 Total Sales

    Sushila Kandola
    Section Image
  • Terry Brock

    Buyer's Agent in 2023

    Terry Brock

    Russ Lyon Sotheby's International Realty

    (602) 799-0261

    4 in this area

    49 Total Sales

    Terry Brock
    Section Image

  • H

    Seller's Agent in 2018

    Historical Agent - SVV

    Historical Listings - SVV

See All Agents

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 533529

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-06-029A

Arizona Yavapai County Rimrock 86335

Lake Montezuma

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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