NOT LISTED FOR SALE

Estimated Value: $41,000 - $286,000

0.74 Acre
$220,946 Price per Acre
32,234 Sq Ft Lot

Last Sold May 15, 2024

Last sale price $42,000

Est. 289% increase in value since last sale

Current estimated payment $891/month

214 Days on Market

Highlights

  • Views of Red Rock
  • Cottonwood Elementary School Rated 10
  • 0.74 Acre Lot

About This Lot

As of May 2024

Seize the opportunity to create your very own sanctuary on this expansive .74-acre lot, nestled in the heart of Cottonwood with mesmerizing views of Sedona's iconic Red Rocks. This parcel of land offers a unique blend of serenity and natural beauty, making it the perfect canvas for your dream home.

Envision waking up each morning to the awe-inspiring vistas of the Red Rocks, where the play of light and shadow brings the landscape to life in a display of colors that change from dawn to dusk. This spacious lot provides ample room to design a residence that not only captures these views from every window but also harmonizes with the natural surroundings to create a seamless indoor-outdoor living experience.

Utilities are conveniently located nearby, ensuring that the essential that the essentials for modern living are at your fingertips, while the requirement for a septic system offers the flexibility to customize your home's sustainability features. Whether you dream of incorporating green technologies or desire a garden oasis that taps into the natural landscape, this lot provides the foundation upon which your visions can be realized.

Situated in Cottonwood, you'll enjoy the charm and comfort of a community that boasts a blend of small-town hospitality and easy access to the amenities and recreational opportunities that make Northern Arizona so beloved. From the verdant vineyards of the Verde Valley to the enchanting trails of Sedona's backcountry, your lifestyle here can be as relaxed or as adventurous as you wish.

This .74-acre lot is not just a piece of land; it's a gateway to a life lived in harmony with nature, surrounded by the breathtaking beauty of Arizona's landscapes. Build your dream home here and start living the life you've always imagined amidst the splendor of the Red Rocks of Sedona.

Last Agent to Sell the Property

Joyce Wilson

Coldwell Banker Realty License #BR515783000 Listed on: 10/05/2023

Coldwell Banker Realty

Last Buyer's Agent

Timothy Toth

Coldwell Banker Northland License #SA560439000

Coldwell Banker Northland

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $392

Lot Details

  • 0.74 Acre Lot
  • Property is zoned R1L-10

Property Views

  • Red Rock
  • Panoramic
  • Mountain

Community Details

  • Verde Village Unit 2 Subdivision

Listing and Financial Details

  • Tax Lot 444
  • Assessor Parcel Number 40646238

Property Details

Property Type

Land

Est. Annual Taxes

$392

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Land
  • Topography: Hillside, Gentle Sloping
  • Zoning: R1L-10
  • Tax Year: 2023
  • Lot Size Acres: 0.74
  • Subdivision Name: Verde Village Unit 2
  • View:Mountain View(s): Yes
  • View Red RocksBoulders: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • View: Mountain(s), Red Rocks/Boulders, Panoramic
  • Other Structures: None
  • View:Panoramic: Yes

Utilities

  • Water Source: City Franchise

Lot Info

  • Lot Size Sq Ft: 32234.4
  • Parcel #: 40646238

Tax Info

  • Tax Annual Amount: 392.0
  • Tax Lot: 444

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
May 8, 2024
Sold by
Ambrosia Andrew and Ambrosia Heidi
Bought by
Vista Cottonwood Llc
Seller's Agent
Joyce Wilson
Coldwell Banker Realty
Buyer's Agent
Timothy Toth
Coldwell Banker Northland
List Price
$63,000
Sold Price
$42,000
Premium/Discount to List
-$21,000
-33.33%
Views
210
Current Estimated Value
$163,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,500
Avg. Annual Appreciation
156.99%

Purchase Details

Listed on
Sep 10, 2020
Closed on
Nov 2, 2021
Sold by
Krafft Michael A and Krafft Lori L
Bought by
Ambrosia Andrew and Ambrosia Heidi
Seller's Agent
Joyce Wilson
Coldwell Banker Realty
Buyer's Agent
Joyce Wilson
Coldwell Banker Realty
List Price
$45,000
Sold Price
$36,000
Premium/Discount to List
-$9,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%

Purchase Details

Listed on
Jun 1, 2017
Closed on
May 25, 2018
Sold by
Howell Charles O and The Charles O Howell Living Tr
Bought by
Krafft Michael A and Krafft Lori L
Seller's Agent
Esther Talbert
Yavapai Realty
Buyer's Agent
Joyce Wilson
Coldwell Banker Realty
List Price
$29,900
Sold Price
$28,000
Premium/Discount to List
-$1,900
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%

Purchase Details

Closed on
Jul 6, 2017
Sold by
Howell C O
Bought by
Howell Charles O and The Charles O Howell Living Tr

Purchase Details

Listed on
Nov 26, 2012
Closed on
Feb 5, 2013
Sold by
Denning Eddie D and Denning Debi L
Bought by
Howell C O and Howell Carolyn
Seller's Agent
Philip Terbell
RealtyOneGroup Mountain Desert
Buyer's Agent
Esther Talbert
Yavapai Realty
List Price
$16,500
Sold Price
$16,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.81%

Purchase Details

Closed on
Jul 18, 2008
Sold by
Denning Eddie D and Eddie D Denning Trust
Bought by
Denning Eddie D and Denning Debi L

Purchase Details

Closed on
Apr 6, 2004
Sold by
Zenner Peter A and Zenner Claire M
Bought by
Denning Eddie D and Eddie D Denning Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
5.57%
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
Vista Cottonwood Llc $42,000 Yavapai Title Agency
Ambrosia Andrew $36,000 Stewart Ttl & Tr Of Phoenix
Krafft Michael A $28,000 Yavapai Title
Howell Charles O -- None Available
Howell C O $16,500 Lawyers Title Of Arizona Inc
Denning Eddie D -- Transnation Title Ins Co
Denning Eddie D $27,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Denning Eddie D $17,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2024 05/15/24 Sold $42,000 -33.3% --
05/06/2024 05/06/24 Pending -- -- --
10/05/2023 10/05/23 For Sale $63,000 +75.0% --
11/12/2021 11/12/21 Sold $36,000 -20.0% -- View Prior Sale
11/08/2021 11/08/21 Pending -- -- --
09/10/2020 09/10/20 For Sale $45,000 +60.7% --
06/07/2018 06/07/18 Sold $28,000 -6.4% -- View Prior Sale
05/08/2018 05/08/18 Pending -- -- --
06/01/2017 06/01/17 For Sale $29,900 +81.2% --
02/15/2013 02/15/13 Sold $16,500 0.0% -- View Prior Sale
02/14/2013 02/14/13 Pending -- -- --
11/26/2012 11/26/12 For Sale $16,500 -- --
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 $407 -- -- --
2024 $392 -- -- --
2023 $392 $5,301 $5,301 $0
2022 $386 $4,281 $4,281 $0
2021 $397 $4,477 $4,477 $0
2020 $390 $0 $0 $0
2019 $383 $0 $0 $0
2018 $369 $0 $0 $0
2017 $354 $0 $0 $0
2016 $344 $0 $0 $0
2015 -- $0 $0 $0
2014 $326 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 534226

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-46-238