NOT LISTED FOR SALE

Lake Montezuma, AZ 86335

Lake Montezuma Neighborhood

Estimated Value: $234,000 - $3,194,000

2.01 Acres
$852,736 Price per Acre
87,556 Sq Ft Lot

Last Sold December 15, 2014

Last sale price $26,500

Est. 6,368% increase in value since last sale

Current estimated payment $9,013/month

63 Days on Market

Highlights

  • Views of Red Rock
  • 2.01 Acre Lot
  • Corner Lot
  • Horses Allowed On Property

About This Lot

As of December 2014

ARE YOU LOOKING FOR PRISTINE DESERT LANDSCAPE AND CLEAR OPEN SKY? Indian Lakes is a very up-and-coming secluded community in Lake Montezuma, just 30 minutes from Sedona, that calls to the visionary buyer. This 2 acre parcel has a level building area with a gently sloped side for lots of seclusion and privacy with astounding panoramic views of the famous Sedona Red Rocks and the Mingus Mountain Range. Cell phone reception is very good. There is an existing survey and there is also an additional 2 acre parcel that is right next to this one for sale by the same owner. Seller financing is available with money down.

Last Agent to Sell the Property

Anastasia Satras

Realty ONE Group Mountain Desert License #SA529930000 Listed on: 10/02/2014

Realty ONE Group Mountain Desert

Last Buyer's Agent

Anastasia Satras

Realty ONE Group Mountain Desert License #SA529930000 Listed on: 10/02/2014

Realty ONE Group Mountain Desert

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $569

Lot Details

  • 2.01 Acre Lot
  • Corner Lot
  • Property is zoned RCU2A

Property Views

  • Red Rock
  • Panoramic
  • Mountain
  • Desert

Additional Features

  • Horses Allowed On Property
  • Private Water Source

Community Details

  • Indian Lak 1 2 Subdivision

Listing and Financial Details

  • Tax Lot 091L
  • Assessor Parcel Number 40520091l

Property Details

Property Type

Land

Est. Annual Taxes

$569

Lot Details

0

Listing Details

  • Property Type: Land
  • Topography: Gentle Sloping, Level
  • Zoning: RCU2A
  • Tax Year: 2014
  • Horses: Yes
  • Lot Size Acres: 2.01
  • Subdivision Name: Indian Lak 1 - 2
  • 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

Exterior Features

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

Utilities

  • Water Source: Private

Lot Info

  • Lot Size Sq Ft: 87555.6
  • Parcel #: 40520091l

Tax Info

  • Tax Annual Amount: 569.0
  • Tax Lot: 091L

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2014
Closed on
Dec 9, 2014
Sold by
Drotzmann Douglas L and Drotzmann Lauralie A
Bought by
Dinardo Daniel and Gamma Trust
Seller's Agent
Anastasia Satras
Realty ONE Group Mountain Desert
Buyer's Agent
Anastasia Satras
Realty ONE Group Mountain Desert
List Price
$54,900
Sold Price
$26,500
Premium/Discount to List
-$28,400
-51.73%
Current Estimated Value
$1,714,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,687,500
Avg. Annual Appreciation
45.89%
Original Mortgage
$36,800
Outstanding Balance
$28,138
Interest Rate
3.95%
Mortgage Type
Seller Take Back
Estimated Equity
$1,685,862

Purchase Details

Closed on
Nov 30, 2004
Sold by
Calmelat Michael J and Calmelat April C
Bought by
Drotzmann Douglas L and Drotzmann Lauralle A

Purchase Details

Closed on
Jul 2, 1997
Sold by
Wolf Steven L and Wolf Maria J
Bought by
Calmelat Michael J and Calmelat April C
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
Dinardo Daniel $48,500 Empire West Title Agency
Drotzmann Douglas L $60,000 First American Title Ins Co
Calmelat Michael J $40,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dinardo Daniel $36,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2014 12/15/14 Sold $26,500 -51.7% --
12/04/2014 12/04/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $54,900 -- --
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 $397 -- -- --
2024 $384 -- -- --
2023 $384 $4,777 $4,777 $0
2022 $399 $3,185 $3,185 $0
2021 $532 $5,162 $5,162 $0
2020 $519 $0 $0 $0
2019 $517 $0 $0 $0
2018 $500 $0 $0 $0
2017 $585 $0 $0 $0
2016 $566 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anastasia Satras

    Seller's Agent in 2014

    Anastasia Satras

    Realty ONE Group Mountain Desert

    (928) 254-2702

    4 in this area

    16 Total Sales

    Anastasia Satras
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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 505156

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-20-091L

Arizona Yavapai County Lake Montezuma 86335

Lake Montezuma

Not Listed for Sale

Lots

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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