NOT LISTED FOR SALE

Lake Montezuma, AZ 86335

Lake Montezuma Neighborhood

Estimated Value: $22,000 - $232,000

0.18 Acre
$516,417 Price per Acre
7,841 Sq Ft Lot

Last Sold July 12, 2016

Last sale price $7,500

Est. 1,139% increase in value since last sale

Current estimated payment $498/month

327 Days on Market

About This Lot

As of July 2016

Nearly level lot with beautiful well kept homes around it. Not in flood zone (verify). This neighborhood is becoming the new Mecca for building. Reasonably priced parcel that my client has owned for decades. Utilities in the area, should make this an easy and desirable spot. Don't wait for the golf course to get redone, buy now while the prices are reasonable!!

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 07/10/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $149

Lot Details

  • 7,841 Sq Ft Lot
  • Gentle Sloping Lot
  • Property is zoned R1L

Property Views

  • Red Rock
  • Panoramic
  • Mountain

Utilities

  • Private Water Source

Community Details

  • Property has a Home Owners Association
  • L Montezuma 1 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40525302

Property Details

Property Type

Land

Est. Annual Taxes

$149

Lot Details

0

Listing Details

  • Property Type: Land
  • Topography: Gentle Sloping
  • Zoning: R1L
  • Tax Year: 2014
  • Lot Size Acres: 0.18
  • Road Surface Type: Gravel
  • Subdivision Name: L Montezuma 1 - 2
  • View:Mountain View(s): Yes
  • View Red RocksBoulders: Yes
  • Water Source Private Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Rural

Exterior Features

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

Utilities

  • Water Source: Private

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 40525302

Tax Info

  • Tax Annual Amount: 149.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2025
Sold by
Aranzamendi David and Aranzamendi Claudia
Bought by
Lee James and Lee Ruth
Current Estimated Value
$92,955

Purchase Details

Closed on
Feb 13, 2017
Sold by
Favrow Joshua and Favrow Lindsay
Bought by
Aranzamendi David and Aranzamendi Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 10, 2015
Closed on
Jun 2, 2016
Sold by
Ford Frances
Bought by
Favrow Joshua and Favrow Lindsay
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$9,000
Sold Price
$7,500
Premium/Discount to List
-$1,500
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.93%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Lee James $25,000 None Listed On Document
Aranzamendi David -- Yavapai Title
Favrow Joshua $7,500 Yavapai Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aranzamendi David $2,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2016 07/12/16 Sold $7,500 -16.7% --
06/01/2016 06/01/16 Pending -- -- --
07/10/2015 07/10/15 For Sale $9,000 -- --
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 $109 -- -- --
2024 $106 -- -- --
2023 $106 $1,628 $1,628 $0
2022 $110 $918 $918 $0
2021 $105 $1,108 $1,108 $0
2020 $102 $0 $0 $0
2019 $101 $0 $0 $0
2018 $97 $0 $0 $0
2017 $119 $0 $0 $0
2016 $115 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2016

    Historical Agent - SVV

    Historical Listings - SVV

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 507578

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-25-302

Arizona Yavapai County Lake Montezuma 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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