NOT LISTED FOR SALE

Estimated Value: $71,643 - $250,000

0.97 Acre
$139,084 Price per Acre
42,253 Sq Ft Lot

Last Sold December 06, 2023

Last sale price $69,999

Est. 93% increase in value since last sale

Current estimated payment $776/month

60 Days on Market

Highlights

  • Mountain View
  • Oak Creek School Rated 9+
  • Level Lot

About This Lot

As of December 2023

Welcome to your canvas of opportunity in beautiful Cornville, Arizona! This vacant lot, spanning .97 acres, offers the perfect foundation for your dream home, whether you envision a charming manufactured home or a custom-built oasis. This level lot boasts convenience and accessibility in a highly desirable location. Just outside of Sedona, you'll enjoy easy access to all the attractions and amenities this world-renowned destination has to offer. Explore the vibrant wine & art scene, dine at gourmet restaurants, or embark on outdoor adventures in Red Rock country. While this lot currently lacks utilities, it offers access to a shared well with a pre-existing well agreement in place. This cost-effective solution simplifies the process of connecting to water, saving you time and resources.

Last Agent to Sell the Property

Wyndie Whitney

Glow Realty License #SA664544000 Listed on: 10/04/2023

Last Buyer's Agent

Wyndie Whitney

Glow Realty License #SA664544000 Listed on: 10/04/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $756

Lot Details

  • 0.97 Acre Lot
  • Level Lot
  • Property is zoned R1-35

Property Views

  • Mountain
  • Desert

Utilities

  • Shared Well

Community Details

  • Under 5 Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40733055d

Property Details

Property Type

Land

Est. Annual Taxes

$756

Lot Details

0

Listing Details

  • Property Type: Land
  • Topography: Level
  • Zoning: R1-35
  • Tax Year: 2022
  • Lot Size Acres: 0.97
  • Road Surface Type: Gravel
  • Subdivision Name: Under 5 Acres
  • View:Mountain View(s): Yes
  • View:Desert: Yes
  • Water Source Shared Well2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Utilities

  • Water Source: Shared Well

Lot Info

  • Lot Size Sq Ft: 42253.2
  • Parcel #: 40733055d

Tax Info

  • Tax Annual Amount: 756.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Nov 29, 2023
Sold by
Kerr Leo Russell and Kerr Nathaniel R
Bought by
Demolli Joseph P
Seller's Agent
Wyndie Whitney
Glow Realty
Buyer's Agent
Wyndie Whitney
Glow Realty
List Price
$70,000
Sold Price
$69,999
Premium/Discount to List
-$1
-0.001%
Views
67
Current Estimated Value
$134,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,912
Avg. Annual Appreciation
39.06%
Original Mortgage
$48,999
Outstanding Balance
$48,191
Interest Rate
7.79%
Mortgage Type
Seller Take Back
Estimated Equity
$86,720

Purchase Details

Closed on
Aug 10, 2020
Sold by
Kerr Leo Russell
Bought by
Kerr Leo Russell and Kerr Nathaniel R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Demolli Joseph P $69,999 Yavapai Title Agency
Kerr Leo Russell -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demolli Joseph P $48,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2023 12/06/23 Sold $69,999 0.0% --
12/03/2023 12/03/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $70,000 -- --
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 $797 -- -- --
2024 $769 -- -- --
2023 $769 $13,644 $13,644 $0
2022 $756 $7,551 $7,551 $0
2021 $777 $7,010 $7,010 $0
2020 $764 $0 $0 $0
2019 $750 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 534218

Arizona Regional Multiple Listing Service (ARMLS)

APN: 407-33-055D