NOT LISTED FOR SALE

Estimated Value: $1,057,000 - $1,481,000

2.37 Acres
$529,791 Price per Acre
103,237 Sq Ft Lot

Last Sold July 30, 2020

Last sale price $725,000

Est. 73% increase in value since last sale

Current estimated payment $7,193/month

1 Day on Market

Highlights

  • Views of Red Rock
  • Property is near a preserve or public land
  • Gentle Sloping Lot
  • Gated Community

About This Lot

As of July 2020

Beautiful private lot. One of the largest home sites in the Gated Solitude in Seven Canyons with expansive views!

Last Agent to Sell the Property

Kimbeth McDermott

Coldwell Banker Realty License #BR568615000 Listed on: 07/06/2020

Coldwell Banker Realty

Last Buyer's Agent

Jeanette Sauer

Russ Lyon Sotheby's International Realty License #SA021068000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,313

Lot Details

  • 2.37 Acre Lot
  • Gentle Sloping Lot
  • Property is zoned PAD

Property Views

  • Red Rock
  • Panoramic
  • Mountain
  • Desert

Utilities

  • Private Water Source

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 40835309

Community Details

Overview

  • Property has a Home Owners Association
  • Seven Canyons Subdivision
  • Property is near a preserve or public land

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$7,313

Lot Details

0

Listing Details

  • Legal Info Range: 05E
  • Property Type: Land
  • Topography: Gentle Sloping
  • Zoning: PAD
  • Tax Year: 2019
  • Lot Size Acres: 2.37
  • Subdivision Name: Seven Canyons
  • View:Mountain View(s): Yes
  • View:Desert: Yes
  • View Red RocksBoulders: Yes
  • Water Source Private Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Rural
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Gated Community, Borders Pres/Pub Lnd
  • View: Mountain(s), Red Rocks/Boulders, Panoramic, Desert
  • Other Structures: None
  • View:Panoramic: Yes

Utilities

  • Water Source: Private

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 103237.2
  • Parcel #: 40835309

Tax Info

  • Tax Annual Amount: 7313.0
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Jul 22, 2020
Sold by
Davis Stephen R and Davis Karen L
Bought by
Arrasmith Rex Carey and Arrasmith Rex Carey
Seller's Agent
Kimbeth McDermott
Coldwell Banker Realty
Buyer's Agent
Jeanette Sauer
Russ Lyon Sotheby's International Realty
List Price
$850,000
Sold Price
$725,000
Premium/Discount to List
-$125,000
-14.71%
Current Estimated Value
$1,255,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,605
Avg. Annual Appreciation
10.62%

Purchase Details

Closed on
Oct 21, 2019
Sold by
Secret Ridge Estates Llc
Bought by
Davis Stephen R and Davis Karen L

Purchase Details

Closed on
Nov 10, 2005
Sold by
Sedona Development Partners Llc
Bought by
Seven Canyons Lot Holdings Llc

Purchase Details

Closed on
Feb 26, 2002
Sold by
Kirinsky Llc
Bought by
Sedona Development Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,066
Interest Rate
6.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 16, 1999
Sold by
Scanlon Mark and Scanlon Karin
Bought by
Secret Canyon Llc

Purchase Details

Closed on
Apr 5, 1999
Sold by
Scanlon Mark and Scanlon Karin
Bought by
Secret Canyon Llc
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
Arrasmith Rex Carey $725,000 Pioneer Title Agency
Davis Stephen R $650,500 Premier Title Agency Phoenix
Seven Canyons Lot Holdings Llc -- Yavapai Title Agency Inc
Sedona Development Partners Llc $216,400 Capital Title Agency Inc
Sedona Development Partners Llc $216,400 Capital Title Agency Inc
Secret Canyon Llc -- Capital Title Agency
Secret Canyon Llc -- --
Secret Canyon Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sedona Development Partners Llc $203,066
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold $725,000 -14.7% --
07/07/2020 07/07/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $850,000 -- --
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 $7,602 -- -- --
2024 $7,401 -- -- --
2023 $7,401 $180,924 $180,924 $0
2022 $7,266 $171,024 $171,024 $0
2021 $7,384 $122,117 $122,117 $0
2020 $7,384 $0 $0 $0
2019 $7,313 $0 $0 $0
2018 $10,181 $0 $0 $0
2017 $11,747 $0 $0 $0
2016 $11,591 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 523481

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-35-309