NOT LISTED FOR SALE

Cornville, AZ 86325

Estimated Value: $665,000 - $873,000

3.75 Acres
$192,508 Price per Acre
163,350 Sq Ft Lot

Last Sold April 27, 2023

Last sale price $250,000

Est. 189% increase in value since last sale

Current estimated payment $3,952/month

57 Days on Market

Highlights

  • Horses Allowed On Property
  • City View
  • Partially Fenced Property
  • Oak Creek School Rated 9+

About This Lot

As of April 2023

Your dream home site is here. This 3.75 acre property is ready for your dream home. The Well, Septic and Electricity is already in and it comes with building plans for small home or use them for your Guest Casita. Well produces 25 GPM , oversized Septic 1530 Gal , 400 Amp Electric and meter on property, RV setup with 50 amp service, Driveway is in and Building site leveled and NO HOA. A 750 sq. ft guest house is allowed and you already have the plans.. Amazing Mingus Mountain views from Camp Verde to Jerome. Fantastic Horse property or maybe a vineyard? This property is located in the heart of the Verde Valley and close to town with wineries nearby.

Last Agent to Sell the Property

Ken Robertson

Russ Lyon Sotheby's International Realty License #BR527867000 Listed on: 02/28/2023

Russ Lyon Sotheby's International Realty

Co-Listed By

Nancy Read

Compass License #SA677214000

Last Buyer's Agent

Timothy Toth

Coldwell Banker Northland License #SA560439000

Coldwell Banker Northland

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $735

Lot Details

  • 3.75 Acre Lot
  • Partially Fenced Property
  • Property is zoned RCU-2A

Property Views

  • City
  • Mountain
  • Desert

Additional Features

  • Horses Allowed On Property
  • Well

Community Details

  • Under 5 Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40709020n

Property Details

Property Type

Land

Est. Annual Taxes

$735

Lot Details

0

Listing Details

  • Legal Info Range: 04E
  • Property Type: Land
  • Topography: Gentle Sloping, Level
  • Zoning: RCU-2A
  • Tax Year: 2022
  • Horses: Yes
  • Lot Size Acres: 3.75
  • Co List Office Mls Id: lyon23
  • Co List Office Phone: 928-282-5966
  • Subdivision Name: Under 5 Acres
  • View:Mountain View(s): Yes
  • View:Desert: Yes
  • Water Source Domestic Well2: Yes
  • View City2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Rural

Exterior Features

  • Fencing: None, Partial
  • View: Mountain(s), Desert, City
  • Other Structures: Other

Utilities

  • Water Source: Domestic Well

Lot Info

  • Lot Size Sq Ft: 163350.0
  • Parcel #: 40709020n

Tax Info

  • Tax Annual Amount: 735.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2025
Sold by
Light Russel and Light Andrea
Bought by
Light Russel and Light Andrea
Current Estimated Value
$721,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Outstanding Balance
$576,967
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$144,937

Purchase Details

Listed on
Feb 28, 2023
Closed on
Apr 20, 2023
Sold by
Cole Julia M
Bought by
Light R Robert R and Light Debra L
Seller's Agent
Ken Robertson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Timothy Toth
Coldwell Banker Northland
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.08%
Original Mortgage
$125,000
Interest Rate
6.6%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 14, 2013
Sold by
Trs Momentum Fund Llc
Bought by
Cole Julia M

Purchase Details

Closed on
Aug 18, 2004
Sold by
Rayturn Inc
Bought by
Trs Momentum Fund Llc

Purchase Details

Closed on
Jul 31, 2002
Sold by
Rayturn Inc
Bought by
Rayturn Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Light Russel -- Wfg National Title Insurance C
Light R Robert R $250,000 Yavapai Title
Cole Julia M $100,000 Lawyers Title Yavapai-Coconi
Trs Momentum Fund Llc $138,924 Pioneer Title Agency
Rayturn Inc -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Light Russel $580,000
Previous Owner Light R Robert R $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2023 04/27/23 Sold $250,000 -5.7% --
04/26/2023 04/26/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $265,000 -- --
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 $1,815 -- -- --
2024 $735 $16,105 -- --
2023 $1,000 $16,188 $14,085 $2,103
2022 $735 $14,504 $14,504 $0
2021 $73,801 $16,593 $16,593 $0
2020 $1,325 $0 $0 $0
2019 $1,302 $0 $0 $0
2018 $1,254 $0 $0 $0
2017 $1,203 $0 $0 $0
2016 $1,170 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ken Robertson

    Seller's Agent in 2023

    Ken Robertson

    Russ Lyon Sotheby's International Realty

    (928) 274-0530

    85 Total Sales

    Ken Robertson
    Section Image

  • N

    Seller Co-Listing Agent in 2023

    Nancy Read

    Compass

    (928) 282-5966

    94 Total Sales

    Nancy Read
    Section Image
  • Timothy Toth

    Buyer's Agent in 2023

    Timothy Toth

    Coldwell Banker Northland

    (928) 300-4718

    157 Total Sales

    Timothy Toth
    Section Image
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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 531806

Arizona Regional Multiple Listing Service (ARMLS)

APN: 407-09-020N

Arizona Yavapai County Cornville

86325

Not Listed for Sale

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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