NOT LISTED FOR SALE

Rimrock, AZ 86335

Lake Montezuma Neighborhood

Estimated Value: $314,934 - $407,000

-- Bed
-- Bath
-- Sq Ft
2000 Built

Last Sold December 26, 2019

Last sale price $240,000

Est. 57% increase in value since last sale

Current estimated payment $2,083/month

54 Days on Market

Highlights

  • Attached Garage
  • Ceiling Fan
  • Heat Pump System
  • Cooling Available
  • Carpet
  • 3-minute walk to Rollins Park

About This Home

As of December 2019

Enjoy an investment into a 100% occupied & well maintained building in lovely Lake Montezuma, right down the block from the Town Square, with an established Chiropractor, Dentist, Post Office, new Restaurant, and more! Just 15 minutes from Sedona, Camp Verde & even 25 min to Cottonwood. This area is affordable yet close to all amenities. History of the Area: Around 1957 shortly after the Black Canyon Highway was built north from Phoenix, one of the largest ranches in Rimrock was turned into a subdivision called Lake Montezuma. They dug out a pond below the original ranch house and named it Lake Montezuma after the area's most significant local landmark - Montezuma Well National Monument. Real Estate is your best investment, and this property fits the bill!

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 11/01/2019

Last Buyer's Agent

Tracy Grubb Christ

eXp Realty License #SA669474000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,240

Year Built

  • Built in 2000

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Carpet

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • 2 Units
  • Montezuma Man Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 40506618c

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,240

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 1
  • Year Built: 2000
  • Tax Year: 2018
  • Subdivision Name: Montezuma Man
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: Disposal, Dishwasher, Refrigerator
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage Door Opener, Attached
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features Auto Door Opener: Yes

Utilities

  • Cooling: Ceiling Fan(s), Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes

Association/Amenities

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

Lot Info

  • Parcel #: 40506618c

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1240.0
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2020
Sold by
Robinson Tracy Grubb and Robinson James R
Bought by
Descanse Dos Llc
Current Estimated Value
$375,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2020
Sold by
Holsclaw Wayne W and Holsclaw Donna H
Bought by
Robinson Tracy Grubb and Robinson James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2019
Closed on
Dec 19, 2019
Sold by
Koeppen Ernest
Bought by
Holsclaw Wayne W and Holsclaw Donna H
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Tracy Grubb Christ
eXp Realty
List Price
$240,000
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$180,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2004
Sold by
Koeppen Denise
Bought by
Koeppen Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 13, 2004
Sold by
Hinojosa Roger
Bought by
Koeppen Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 20, 2000
Sold by
Hinojosa Roger
Bought by
Hinojosa Roger

Purchase Details

Closed on
Jul 9, 1998
Sold by
Stevenson Dacoma
Bought by
Mollineaux Scott and Hinojosa Roger

Purchase Details

Closed on
Nov 9, 1994
Sold by
Quam Grant J and Quam Betty A
Bought by
Hinojosa Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
9.08%
Mortgage Type
Seller Take Back
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
Descanse Dos Llc -- Yavapai Title Agency Inc
Robinson Tracy Grubb $255,000 Yavapai Title
Holsclaw Wayne W $240,000 Yavapai Title
Koeppen Ernest -- Transnation Title
Koeppen Ernest $230,000 Transnation Title
Hinojosa Roger -- --
Mollineaux Scott -- None Available
Stevenson Dacoma -- None Available
Hinojosa Roger $8,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robinson Tracy Grubb $191,250
Previous Owner Holsclaw Wayne W $180,000
Previous Owner Koeppen Ernest $184,000
Previous Owner Hinojosa Roger $6,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2019 12/26/19 Sold $240,000 0.0% --
12/25/2019 12/25/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $240,000 -- --
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 $1,392 $27,052 -- --
2024 $1,348 $26,951 -- --
2023 $1,348 $21,797 $0 $0
2022 $1,399 $15,062 $2,552 $12,510
2021 $1,337 $14,848 $2,541 $12,307
2020 $1,304 $0 $0 $0
2019 $1,282 $0 $0 $0
2018 $1,240 $0 $0 $0
2017 $1,371 $0 $0 $0
2016 $1,326 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2019

    Historical Agent - SVV

    Historical Listings - SVV

  • Tracy Grubb Christ

    Buyer's Agent in 2019

    Tracy Grubb Christ

    eXp Realty

    (602) 677-6992

    2 in this area

    21 Total Sales

    Tracy Grubb Christ
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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 521510

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-06-618C

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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