NOT LISTED FOR SALE

21 Sugar Loaf Dr Sedona, AZ 86336

Estimated Value: $1,405,000 - $1,803,000

-- Bed
1 Bath
3,193 Sq Ft
$498/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $1,600,000 $501 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,657/month

23 Days on Market

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Central Heating and Cooling System
  • Manuel Demiguel Elementary School Rated A-
  • Community Barbecue Grill

About This Home

As of July 2023

Incredible Views* Prime Location* Unbeatable Income! Ideally situated behind Sedona's landmark Tlaquepaque Arts & Shopping Village/Resort sits this unbelievable Cash Cow with breathtaking Red Rock views. This highly performing Airbnb TriPlex brings in (over $200k gross) comes complete with full furnishings as shown for immediate return. Sitting atop in a quiet residential neighborhood provides ''the best of everything''; just minutes from downtown Sedona & hiking trails. Separately entranced & individually climate controlled, each unit has essentially stocked kitchens, designer finishes & private outdoor spaces. 1 space per unit outside parking+2 car garage, storage room & laundry on site. Low maintenance landscape, Pitched Tile Roof, Comm Tankless h20heater & Wifi services all unit.

Last Agent to Sell the Property

Denise Pias

RE/MAX Alliance Group License #BR525044000 Listed on: 05/24/2023

RE/MAX Alliance Group

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,522

Year Built

  • Built in 1975

Lot Details

  • 0.3

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Parking

  • 5 Open Parking Spaces
  • 7 Parking Spaces
  • 2 Covered Spaces
  • Over 1 Space Per Unit
  • Free Parking

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • The owner pays for gas, electricity, trash collection, water, sewer, landscaping
  • Tax Lot 14
  • Assessor Parcel Number 401-21-046

Community Details

Overview

  • 3 Units
  • Building Dimensions are 100x140x99x118
  • Ed Black Subdivision

Amenities

  • Community Barbecue Grill

Building Details

  • Operating Expense $34,164
  • Gross Income $233,620
  • Net Operating Income $199,456

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,522

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Cross Street: 89A & 179
  • Legal Info Range: 06E
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1975
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Subdivision Name: ED BLACK
  • Garage Yn: Yes
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Built-In Range, Free-Standing Range, Other, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes
  • Community Features:Barbecue: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Block
  • Roof: Tile
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Free, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking Features Free2: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Garage: Yes

Utilities

  • Electric: APS, Master Meter
  • Cooling: Central Air, See Remarks, Electric, Heat Pump, Individual, 2 or More Units
  • Heating: Other, See Remarks, Individual, Central, Heat Pump, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes
  • Electric Master Meter: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Breakfast Bar2: Yes
  • Interior Amenities:Other (See Remarks)51: Yes
  • Interior Amenities:Drapes2: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes
  • Interior Amenities:Furnished: Yes

Fee Information

  • Annual Fuel Expense: 1000.0
  • Trash Expense: 720.0
  • Annual Water Sewer Expense: 1932.0

Lot Info

  • Lot Size: 100x140x99x118
  • Additional Parcels: No
  • Parcel #: 401-21-046

Multi Family

  • Owner Pays: Other, Gas, Electricity, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Electric Expense: 3000.0
  • Annual Gross Income: 233619.5
  • Insurance Expense: 2700.0
  • Property Net Operating Income: 199455.5
  • Annual Operating Expense: 34164.0

Tax Info

  • Tax Annual Amount: 3522.0
  • Tax Book Number: 401.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
Andres Ferdinand Santiago and Andres Rachel Gayto
Bought by
Andres Family Trust and Andres
Current Estimated Value
$1,591,268

Purchase Details

Listed on
May 24, 2023
Closed on
Jul 14, 2023
Sold by
Yoho Bertha Magalli
Bought by
Andres Ferdinand Santiago and Andres Rachel Gaytos
Seller's Agent
Denise Pias
RE/MAX Alliance Group
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,475,000
Sold Price
$1,600,000
Premium/Discount to List
$125,000
8.47%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.23%
Original Mortgage
$960,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2016
Closed on
Aug 14, 2017
Sold by
Lanning Eiseler Peggy J
Bought by
Yoho Bertha Magalli
Seller's Agent
Ronald Volkman
Coldwell Banker Realty
List Price
$569,000
Sold Price
$535,000
Premium/Discount to List
-$34,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.37%
Original Mortgage
$379,000
Interest Rate
3.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 7, 2010
Sold by
Eiseler Peggy J Lanning
Bought by
Eiseler Peggy J Lanning

Purchase Details

Closed on
Jun 2, 2006
Sold by
Eiseler William M and Lanning Eiseler Peggy
Bought by
Eiseler William M and Lanning Eiseler Peggy J

Purchase Details

Closed on
Feb 9, 2004
Sold by
Wolff Theodore S and Wolff Lois A
Bought by
Eiseler William M and Lanning Eiseler Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2003
Sold by
Dow Richard D and Dow Sally J
Bought by
Wolff Theodore S and Wolff Lois A

Purchase Details

Closed on
Jan 16, 2003
Sold by
Wolff Theodore S and Wolff Lois A
Bought by
Dow Richard D and Dow Sally J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Andres Family Trust -- None Listed On Document
Andres Ferdinand Santiago -- Stewart Title & Trust Of Phoen
Yoho Bertha Magalli $535,000 Pioneer Title Agency
Eiseler Peggy J Lanning -- None Available
Eiseler William M -- None Available
Eiseler William M -- First American Title
Wolff Theodore S $228,768 First American Title Ins Co
Dow Richard D $228,768 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andres Ferdinand Santiago $960,000
Previous Owner Yoho Bertha Magalli $379,000
Previous Owner Eiseler William M $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2023 07/14/23 Sold $1,600,000 +8.5% $501 / Sq Ft
06/17/2023 06/17/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $1,475,000 0.0% $462 / Sq Ft
05/28/2023 05/28/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $1,475,000 +175.7% $462 / Sq Ft
08/18/2017 08/18/17 Sold $535,000 -6.0% $168 / Sq Ft View Prior Sale
07/24/2017 07/24/17 Pending -- -- --
06/04/2016 06/04/16 For Sale $569,000 -- $178 / 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 $3,837 $98,318 -- --
2024 $3,837 $90,694 -- --
2023 $3,522 $70,091 $0 $0
2022 $3,522 $52,067 $0 $0
2021 $3,413 $49,736 $0 $0
2020 $3,361 $45,676 $0 $0
2019 $3,265 $41,577 $0 $0
2018 $3,206 $39,681 $0 $0
2017 $3,185 $40,274 $0 $0
2016 $3,139 $37,555 $0 $0
2015 $2,955 $37,463 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6560355

Arizona Regional Multiple Listing Service (ARMLS)

APN: 401-21-046