NOT LISTED FOR SALE

Estimated Value: $187,000 - $448,000

0.13 Acre
$1,967,215 Price per Acre
5,663 Sq Ft Lot

Last Sold January 04, 2024

Last sale price $185,000

Est. 48% increase in value since last sale

Current estimated payment $1,577/month

47 Days on Market

Highlights

  • Views of Red Rock
  • Cul-De-Sac
  • Level Lot

About This Lot

As of January 2024

Marvelous opportunity for a well priced lot in TMR. Lot contains dense, mature vegetation, & has access off of a very private cul-de-sac. Lot is served by all necessary utilities, including natural gas and city sewer. At Lot's frontage you will note a predefined future driveway cut. This leads to some red rock steps accessing the Lot's 5,720 square foot level B/E, which has no topgraphical or drainage/flood issues. 100% of the B/E may be disturbed during contruction. TMR is one of the most popular subdivisions, within walking distance to some of Sedona's best hiking & biking trails, and conveniently close to restaurants, shops and entertainment venues.

Last Agent to Sell the Property

Reginald Owens

Coldwell Banker Realty License #BR005922000 Listed on: 10/12/2023

Coldwell Banker Realty

Last Buyer's Agent

Cheyenne Cunningham

RE/MAX Sedona License #SA692471000

RE/MAX Sedona

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,637

Lot Details

  • 5,663 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot
  • Property is zoned PD

Property Views

  • Red Rock
  • Mountain

Utilities

  • Private Water Source

Community Details

  • Property has a Home Owners Association
  • Thunder Mnt Ranch Subdivision

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 40848031

Property Details

Property Type

Land

Est. Annual Taxes

$1,637

Lot Details

0

Listing Details

  • Legal Info Range: 5E
  • Property Type: Land
  • Topography: Level
  • Zoning: PD
  • Tax Year: 2023
  • Lot Size Acres: 0.13
  • Subdivision Name: Thunder Mnt Ranch
  • View:Mountain View(s): Yes
  • View Red RocksBoulders: Yes
  • Water Source Private Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac
  • View: Mountain(s), Red Rocks/Boulders
  • Other Structures: None

Utilities

  • Water Source: Private

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size: 77.61 x 85.08 & 77.61 x 79.50
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 40848031

Tax Info

  • Tax Annual Amount: 1637.38
  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Dec 28, 2023
Sold by
Marshall S Flam Revocable Trust
Bought by
Terry Family Trust and Terry
Seller's Agent
Reginald Owens
Coldwell Banker Realty
Buyer's Agent
Cheyenne Cunningham
RE/MAX Sedona
List Price
$198,800
Sold Price
$185,000
Premium/Discount to List
-$13,800
-6.94%
Views
69
Current Estimated Value
$274,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,030
Avg. Annual Appreciation
19.71%

Purchase Details

Closed on
Jun 15, 2021
Sold by
Cooper Charles and Cooper Nancy
Bought by
Flam Marshall S and The Marshall S Flam Revocable

Purchase Details

Listed on
Oct 7, 2017
Closed on
Oct 20, 2017
Sold by
Jesso Michael A and Jesso Karen
Bought by
Cooper Charles and Cooper Nancy
Seller's Agent
Reginald Owens
Coldwell Banker Realty
Buyer's Agent
Gina Tartamella
Coldwell Banker Realty
List Price
$112,000
Sold Price
$100,000
Premium/Discount to List
-$12,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.47%

Purchase Details

Closed on
Jan 30, 2004
Sold by
Cafe Borgia Inc
Bought by
Jesso Michael A and Jesso Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2001
Sold by
Jesso Michael A and Jesso Karen
Bought by
Cafe Borgia Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,300
Interest Rate
7.21%
Mortgage Type
New Conventional
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
Terry Family Trust $185,000 Pioneer Title
Flam Marshall S $125,000 Empire West Title Agency Llc
Cooper Charles $100,000 Premier Title Agency Sedona
Jesso Michael A -- First American Title Ins Co
Cafe Borgia Inc -- Chicago Title Insurance Co
Jesso Michael A $147,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jesso Michael A $87,500
Previous Owner Jesso Michael A $104,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2024 01/04/24 Sold $185,000 -6.9% --
11/28/2023 11/28/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $198,800 +98.8% --
10/27/2017 10/27/17 Sold $100,000 -10.7% -- View Prior Sale
10/26/2017 10/26/17 Pending -- -- --
10/07/2017 10/07/17 For Sale $112,000 -- --
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 $1,682 -- -- --
2024 $1,637 -- -- --
2023 $1,637 $19,668 $19,668 $0
2022 $1,608 $18,025 $18,025 $0
2021 $1,634 $17,160 $17,160 $0
2020 $1,777 $0 $0 $0
2019 $1,760 $0 $0 $0
2018 $1,680 $0 $0 $0
2017 $1,654 $0 $0 $0
2016 $1,632 $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: 534299

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-48-031