NOT LISTED FOR SALE

Lake Montezuma, AZ 86335

Lake Montezuma Neighborhood

Estimated Value: $313,210

4.39 Acres
$71,346 Price per Acre
191,228 Sq Ft Lot

Last Sold June 14, 2021

Last sale price $274,000

Est. 14% increase in value since last sale

Current estimated payment $1,798/month

50 Days on Market

Highlights

  • Panoramic View
  • 4.39 Acre Lot
  • Level Lot

About This Lot

As of June 2021

This incredible, level 4.39-acre commercial property in Rimrock is ideally situated between Beaver Creek Rd. & Montezuma Lake Ave. and offers fantastic potential. This well trafficked parcel is adjacent to the Rimrock Post Office and behind the Beaver Creek Gasmart and is zoned C1-35 & R1-35. Possible uses include: Retail, Restaurant/Cafe, Bank, Office Building, Hotel/Motel, Religious Institutions & Service Stations and more. Buyer to verify the R1-35 zoning. This property is available from either Beaver Creek Rd. or Lake Montezuma Ave & accessible within 4 minutes from Interstate 17. The Rimrock/ Beaver Creek area is a great community that supports its businesses! see the Yavapai County Plat

Last Agent to Sell the Property

James French

Russ Lyon Sotheby's International Realty License #SA517242000 Listed on: 04/20/2021

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

James French

Russ Lyon Sotheby's International Realty License #SA517242000 Listed on: 04/20/2021

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,286

Lot Details

  • 4.39 Acre Lot
  • Level Lot
  • Property is zoned C-1, R1-35

Property Views

  • Panoramic
  • City
  • Mountain
  • Desert

Utilities

  • Private Water Source

Community Details

  • Commercial Only Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 40514017

Property Details

Property Type

Land

Est. Annual Taxes

$2,286

Lot Details

0

Listing Details

  • Legal Info Range: 05E
  • Property Type: Land
  • Topography: Level
  • Zoning: C-1, R1-35
  • Tax Year: 2019
  • Lot Size Acres: 4.39
  • Co List Office Mls Id: lyon23
  • Co List Office Phone: 928-282-5966
  • Subdivision Name: Commercial Only
  • View:Mountain View(s): Yes
  • View:Desert: Yes
  • Water Source Private Franchise2: Yes
  • View City2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Utilities

  • Water Source: Private

Lot Info

  • Lot Size: 289.97 x 633.08 x 318.49 x 318.48
  • Lot Size Sq Ft: 191228.4
  • Parcel #: 40514017

Tax Info

  • Tax Annual Amount: 2286.0
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jun 5, 2021
Sold by
Unicorn Llc
Bought by
Terrapin Holdings Llc
Seller's Agent
James French
Russ Lyon Sotheby's International Realty
Buyer's Agent
James French
Russ Lyon Sotheby's International Realty
List Price
$279,900
Sold Price
$274,000
Premium/Discount to List
-$5,900
-2.11%
Current Estimated Value
$313,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,210
Avg. Annual Appreciation
3.09%

Purchase Details

Listed on
May 6, 2019
Closed on
Dec 30, 2019
Sold by
A F W Llc
Bought by
Unicorn Llc
Seller's Agent
Douglas Eagen
Coldwell Banker Realty
Buyer's Agent
Gerald Butterbrodt
Better Homes and Gardens Real
List Price
$149,900
Sold Price
$110,000
Premium/Discount to List
-$39,900
-26.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.65%

Purchase Details

Closed on
Sep 17, 1998
Sold by
Cobb Paula Kay and Cobb Joseph W
Bought by
A F W Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 28, 1997
Sold by
Jamison Family Ltd Partnership
Bought by
Cobb Joseph W and Cobb Paula Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.43%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 19, 1997
Sold by
Cjm Investment Company
Bought by
Cobb Joseph W and Cobb Paula Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.43%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 1, 1996
Sold by
Jamison Jim and Jamison Darleen
Bought by
Jamison Family Ltd Partnership
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
Terrapin Holdings Llc $274,000 Pioneer Title Agency
Unicorn Llc $110,000 Yavapai Title
A F W Llc $235,000 Transnation Title Ins Co
Cobb Joseph W -- Transnation Title Ins Co
Cobb Joseph W $225,000 Transnation Title Ins Co
Jamison Family Ltd Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner A F W Llc $48,000
Previous Owner Cobb Joseph W $175,000
Closed A F W Llc $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2021 06/14/21 Sold $274,000 -2.1% --
06/09/2021 06/09/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $279,900 +154.5% --
12/31/2019 12/31/19 Sold $110,000 -26.6% -- View Prior Sale
12/28/2019 12/28/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $149,900 -- --
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 $1,800 -- -- --
2024 $1,743 -- -- --
2023 $1,743 $18,621 $18,621 $0
2022 $1,810 $15,145 $15,145 $0
2021 $1,730 $13,769 $13,769 $0
2020 $1,771 $0 $0 $0
2019 $2,286 $0 $0 $0
2018 $2,321 $0 $0 $0
2017 $2,695 $0 $0 $0
2016 $2,736 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    James French

    Russ Lyon Sotheby's International Realty

    (928) 300-9654

    4 in this area

    88 Total Sales

    James French
    Section Image
  • Douglas Eagen

    Seller's Agent in 2019

    Douglas Eagen

    Coldwell Banker Realty

    (970) 209-4293

    16 in this area

    70 Total Sales

    Douglas Eagen
    Section Image
  • Gerald Butterbrodt

    Buyer's Agent in 2019

    Gerald Butterbrodt

    Better Homes and Gardens Real

    (928) 821-1766

    22 in this area

    79 Total Sales

    Gerald Butterbrodt
    Section Image
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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 524091

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-14-017

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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