NOT LISTED FOR SALE

Sedona, AZ 86336

Estimated Value: $389,387 - $474,000

-- Bed
1 Bath
961 Sq Ft
$464/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $2,150,000 $2,237 Per Sq Ft

Current estimated payment $2,414/month

4 Days on Market

Highlights

  • Central Air
  • Carpet
  • 2-minute walk to Oak Creek Canyon
  • Manuel Demiguel Elementary School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of October 2018

The dream short term rental investment property, this Uptown location features eight units (2 buildings with 4 units in each) that have been fully remodeled and furnished. All units are 2 bedroom/1 bath; 961 sq.ft. One unit is nearing completion, the rest are fully operational.

Last Agent to Sell the Property

Ronald Volkman

Coldwell Banker Realty License #BR006008000 Listed on: 09/03/2018

Coldwell Banker Realty

Last Buyer's Agent

Ricky Schabatka

RE/MAX Sedona License #SA560971000

RE/MAX Sedona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $892

Year Built

  • Built in 1979

Home Design

  • Composition Roof

Flooring

  • Carpet

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Private Water Source

Community Details

  • 2 Buildings
  • 8 Units
  • Building Dimensions are Condo pad
  • Under 5 Acres Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 40169002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$892

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 2
  • Year Built: 1979
  • Tax Year: 2017
  • Subdivision Name: Under 5 Acres
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source Private14: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: Dishwasher, Refrigerator, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Roof: Composition

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private
  • Heating:Natural Gas: Yes

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes

Lot Info

  • Lot Size: Condo pad
  • Parcel #: 40169002

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 892.0
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2018
Closed on
Oct 31, 2018
Sold by
Sundance Ventures Llc
Bought by
Cc Chic Housing Llc
Seller's Agent
Ronald Volkman
Coldwell Banker Realty
Buyer's Agent
Ricky Schabatka
RE/MAX Sedona
List Price
$2,500,000
Sold Price
$2,150,000
Premium/Discount to List
-$350,000
-14%
Current Estimated Value
$444,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,705,611
Avg. Annual Appreciation
-20.18%
Original Mortgage
$1,550,000
Outstanding Balance
$1,357,311
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$911,464

Purchase Details

Closed on
Dec 2, 2016
Sold by
Sundance Ventures Llc
Bought by
Sundance Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 1994
Sold by
Moore George L and Moore Marie C
Bought by
J N I Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.98%
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
Cc Chic Housing Llc $2,150,000 Empire West Title Agency Llc
Sundance Ventures Llc -- Empire West Title Agency
J N I Company $197,000 Transamerica Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cc Chic Housing Llc $1,550,000
Previous Owner Sundance Ventures Llc $250,000
Previous Owner J N I Company $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $2,150,000 -14.0% $2,237 / Sq Ft
09/07/2018 09/07/18 Pending -- -- --
09/03/2018 09/03/18 For Sale $2,500,000 -- $2,601 / 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 $990 $24,316 -- --
2024 $990 $22,809 -- --
2023 $943 $18,192 $0 $0
2022 $909 $13,479 $0 $0
2021 $881 $12,026 $0 $0
2020 $868 $11,616 $0 $0
2019 $843 $10,673 $0 $0
2018 $851 $10,449 $0 $0
2017 $892 $10,501 $0 $0
2016 $887 $10,089 $0 $0
2015 $873 $10,055 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ronald Volkman

    Seller's Agent in 2018

    Ronald Volkman

    Coldwell Banker Realty

    (928) 300-3010

    18 in this area

    34 Total Sales

    Ronald Volkman
    Section Image
  • Ricky Schabatka

    Buyer's Agent in 2018

    Ricky Schabatka

    RE/MAX

    (928) 282-4166

    95 in this area

    188 Total Sales

    Ricky Schabatka
    Section Image
  • Rob Schabatka

    Buyer Co-Listing Agent in 2018

    Rob Schabatka

    RE/MAX

    (928) 821-3508

    101 in this area

    205 Total Sales

    Rob Schabatka
    Section Image
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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 517515

Arizona Regional Multiple Listing Service (ARMLS)

APN: 401-69-002

Arizona Coconino County Sedona

86336

This home since 03 September 2018 and is currently estimated at $445,847, approximately $463 per square foot. This property was built in 1979. This home is a home located in Coconino County with nearby schools including Manuel Demiguel Elementary School, Flagstaff High School, and Sedona Charter School.

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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