NOT LISTED FOR SALE

Estimated Value: $310,170

10.63 Acres
$29,179 Price per Acre
463,043 Sq Ft Lot

Last Sold February 29, 2024

Last sale price $375,000

Est. 17% decrease in value since last sale

Current estimated payment $1,747/month

467 Days on Market

Highlights

  • Views of Red Rock
  • Horses Allowed On Property
  • 10.63 Acre Lot
  • Cottonwood Elementary School Rated 10

About This Lot

As of February 2024

Parcel 5 is part of 5 parcels for sale split from a beautiful 25-acre piece of land in the Mingus Foothills with 180 degree views including Sedona Red Rocks... Overlook Ridge is the informal name of this split and has a new road cut in with electric available as well. This parcel offers lots of privacy and many options for your building pad for home, shop, mini ranch, etc.. OWC too!! Site built homes only and deed restrictions apply but are minimal.

Last Agent to Sell the Property

Thomas Garrow

Coldwell Banker Realty License #BR545876000 Listed on: 10/30/2022

Coldwell Banker Realty

Last Buyer's Agent

Thomas Garrow

Coldwell Banker Realty License #BR545876000 Listed on: 10/30/2022

Coldwell Banker Realty

Property Details

Property Type

  • Land

Lot Details

  • 10.63 Acre Lot
  • Property is zoned RCU-2A

Property Views

  • Red Rock
  • Panoramic
  • Mountain
  • Desert

Horse Facilities and Amenities

  • Horses Allowed On Property

Community Details

  • 5 Acres Or More Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40618007k

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Legal Info Range: 03E
  • Property Type: Land
  • Topography: Steep Sloping, Gentle Sloping, Level
  • Zoning: RCU-2A
  • Tax Year: 2022
  • Horses: Yes
  • Lot Size Acres: 10.63
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: 5 Acres or More
  • View:Mountain View(s): Yes
  • View:Desert: Yes
  • View Red RocksBoulders: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Rural

Exterior Features

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

Lot Info

  • Lot Size Sq Ft: 463042.8
  • Parcel #: 40618007k

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2022
Closed on
Feb 22, 2024
Sold by
Overlook Ridge Llc
Bought by
Gordon Kenneth E and Taynton Kimberly J
Seller's Agent
Thomas Garrow
Coldwell Banker Realty
Buyer's Agent
Thomas Garrow
Coldwell Banker Realty
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Views
323
Current Estimated Value
$310,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,830
Avg. Annual Appreciation
4.53%
Original Mortgage
$125,000
Outstanding Balance
$122,416
Interest Rate
6.6%
Mortgage Type
Seller Take Back
Estimated Equity
$284,242
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gordon Kenneth E $375,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Kenneth E $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $375,000 -6.0% --
02/09/2024 02/09/24 Pending -- -- --
10/30/2022 10/30/22 For Sale $399,000 -- --
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 $1,453 -- -- --
2024 $2,136 -- -- --
2023 $2,136 $18,489 $18,489 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 531644

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-18-007K