NOT LISTED FOR SALE

Estimated Value: $1,258,000 - $1,501,000

3 Beds
3 Baths
2,303 Sq Ft
$581/Sq Ft Est. Value

Last Sold December 09, 2020

Last sale price $845,000 $367 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,419/month

63 Days on Market

Highlights

  • Views of Red Rock
  • Contemporary Architecture
  • Wood Flooring
  • Manuel Demiguel Elementary School Rated A-
  • Vaulted Ceiling
  • Covered Patio or Porch

About This Home

As of December 2020

A Turnkey Property. Price includes all furnishings except art. It's the perfect Oak Creek Canyon vacation home. This delightful 3 story residence sits high above the canyon & basks in plentiful sunlight & stupendous red rock views. Lots of decks & patios to enjoy the breath-taking scenery & pleasant temperatures & sights & sounds of Nature. Beautifully appointed with a cathedral ceiling, hardwood floors, granite counter-tops, & 2 fireplaces. Two full master suites plus a third bedroom with bath. Only 15 minutes from Sedona, but worlds away, with the US National Forest & the refreshing waters of Oak Creek at your finger-tips. Enjoy beauty & serenity of of the Great Outdoors, yet be close to dining & shopping in town. Be sure to view the VIDEO in Photos. Click ''MORE'' for Vac Rental info
Should you be interested using the property as a vacation home rental, here are some helpful numbers. The currrent owners have a "high touch" management style which brings them both good reviews and a high level of customer satisfaction. Because of that the property remains in strong demand for the following reasons:

The 3 bedroom 3 bathroom villa offers privacy with each guest suite being situated on its own floor. As such it is a highly desirable property for traveling couples (six guests). One of the few properties in the canyon that have unblockable Red Rock views in one direction and Canyon views in the other direction.

Following are gross revenue and occupancy rates for the past three years (including the current 2020 calendar year as of mid-September).

2018 76.5% occupancy (279 booked nights) Gross revenue $127,483

2019 68.5% occupancy (250 booked nights) Gross revenue $97,821

2020 76% occupancy YTD (Mid-September) (277 booked nights) Gross revenue $105,576

Since purchasing the property the owners have made several improvements including:

*Four camera security system
*upgraded cell reception antenna
*UV purification lighting in the HVAC system (to protect against bacteria and viruses)
*Replaced many window treatments
*Added central air conditioning
*New carpeting in guest suites
*Sunbrella privacy screens on the balconies
*Lutron remote lighting allows the owner to remotely turn on and off welcome lights at the property.

The List Price includes all furnishings except for the artwork. The Balinese door is afixed and does now convey with the sale.

Because of the high usage as a vacation rental, viewing times are very limited and appointments MUST be made.

Next available showing times:

DECEMBER 1:00-3:00 on
Wednesday - 2nd
Tuesday - 8th
Monday - 21st
Sunday - 27th

JANUARY
Sunday - 3rd

Last Agent to Sell the Property

Roy Grimm

RE/MAX Sedona Listed on: 09/14/2020

RE/MAX Sedona

Co-Listed By

Coco (Kymberly) Clark

Russ Lyon Sotheby's International Realty License #SA661516000

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Coco (Kymberly) Clark

Russ Lyon Sotheby's International Realty License #SA661516000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,785

Year Built

  • Built in 1999

Lot Details

  • 3,485 Sq Ft Lot
  • Cul-De-Sac

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,303 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Views of Red Rock
  • Built-In Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Evaporated cooling system
  • Heating Available
  • Propane
  • Cable TV Available

Community Details

  • Twin Sprg Ter Subdivision

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 40525058

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,785

Year Built

Built in 1999

Lot Details

3,485 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Year Built: 1999
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.08
  • Co List Office Mls Id: rmxs01
  • Co List Office Phone: 928-282-4166
  • Subdivision Name: Twin Sprg Ter
  • Architectural Style: Contemporary
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Utilities Butane Propane: Yes
  • View Red RocksBoulders: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Flooring: Carpet, Wood
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm
  • Living Area: 2303.0
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Lot Features: Cul-De-Sac
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Utilities: Propane
  • Cooling: Ceiling Fan(s), Evaporative Cooling
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3485.0
  • Parcel #: 40525058

Tax Info

  • Tax Annual Amount: 2785.0
  • Tax Lot: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Dec 7, 2020
Sold by
Gilden Jerry S
Bought by
Desert Property Llc
Seller's Agent
Roy Grimm
RE/MAX Sedona
Buyer's Agent
Coco (Kymberly) Clark
Russ Lyon Sotheby's International Realty
List Price
$789,000
Sold Price
$845,000
Premium/Discount to List
$56,000
7.1%
Current Estimated Value
$1,337,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,262
Avg. Annual Appreciation
9.03%

Purchase Details

Listed on
Mar 3, 2015
Closed on
May 26, 2015
Sold by
Chadwick Cheryl Lynn and Bablitz Cheryl Lynn
Bought by
Gilden Jerry
Seller's Agent
Elisa Andreis
Russ Lyon Sotheby's International Realty
Buyer's Agent
Roy Grimm
RE/MAX Sedona
List Price
$490,000
Sold Price
$455,000
Premium/Discount to List
-$35,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%
Original Mortgage
$364,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2010
Sold by
Jarvie Ronald L and Jarvie Susanne C
Bought by
Bablitz Cheryl Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2004
Sold by
Peck David and Peck Rhonda
Bought by
Jarvie Ronald L and Jarvie Susanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 1998
Sold by
Taylor Martha J
Bought by
Peck David and Peck Rhonda
Source: Public Records
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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
Desert Property Llc $845,000 Stewart Ttl & Tr Of Phoenix
Gilden Jerry $455,000 None Available
Bablitz Cheryl Lynn $437,500 Yavapai Title Agency Inc
Jarvie Ronald L $554,000 Pioneer Title Agency Inc
Peck David $55,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilden Jerry $364,000
Previous Owner Bablitz Cheryl Lynn $150,000
Previous Owner Jarvie Ronald L $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2020 12/09/20 Sold $845,000 +7.1% $367 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $789,000 +73.4% $343 / Sq Ft
06/08/2015 06/08/15 Sold $455,000 -7.1% $198 / Sq Ft View Prior Sale
06/08/2015 06/08/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $490,000 -- $213 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $3,273 $93,702 -- --
2024 $3,273 $98,773 -- --
2023 $3,115 $70,250 $0 $0
2022 $3,004 $49,903 $0 $0
2021 $2,911 $40,574 $0 $0
2020 $2,867 $38,075 $0 $0
2019 $2,785 $40,045 $0 $0
2018 $2,735 $38,327 $0 $0
2017 $2,418 $37,626 $0 $0
2016 $2,362 $32,502 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 524209

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-25-058

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