$1,950,000
SOLD DEC 18, 2024
5 Beds
3 Baths
2,676 Sq Ft
0.39 Acres

Recently Sold

$729 Per Sq Ft

7% Below List Price

61 Days on Market

Highlights

  • Views of Red Rock
  • Contemporary Architecture
  • Wood Flooring
  • Manuel Demiguel Elementary School Rated A-
  • Vaulted Ceiling
  • Covered Patio or Porch

About This Home

As of December 2024

Top-performing vacation rental alert! Have it all with this spectacular, private, hill-top property overlooking all of Sedona's most famous red rocks! And yes, you are only a 5-minute walk to all of Sedona's best restaurants, activities, and shops! Completely remodeled and luxuriously appointed, this hilltop villa features 5 bedrooms, each with a red rock view, a chef's kitchen, two expansive covered patios with sweeping red rock views, vaulted tongue and groove ceiling, 3 car garage, and much more! (See upgrade list). This home is completely furnished, a proven track record ($850,000+ gross bookings Sept 2019 to 2024), & has turn-key management in place. Start renting day 1! This is your opportunity to own a Crown Jewel investment property in Sedona! See ''more'' for add info. PROPERTY HIGHLIGHTS:

Premium Location: Walking distance to Uptown restaurants and shops. This is a HUGE competitive advantage for guests/tourists wanting to book in a prime location. Simply put, this is the best location to own a vacation rental in Sedona.

Size: 5 Bedrooms, which is one of the most desirable categories on Airbnb and other booking platforms. This property is a unique product in Sedona rentals as 5 bedroom luxury vacation rentals (with VIEWS!) are rare in Sedona.

Views: You have magnificent views from almost every window of the home which is a highly sought after feature for guests (and yourself!) to enjoy this magnificent home.

Turn-Key: This property comes fully ready to rent with great indoor furniture, outdoor furniture, decor, housewares, and hot tub. Almost everything conveys with the home and is valued at $125,000, which is included in the list price.

Quality Remodel: The owners put $320,000+ into a total remodel which included a permitted bathroom addition, septic upgrade, two additional bedrooms, floors, cabinetry, appliances, HVAC system upgrade, and hot water heater upgrade. Everything was completed in summer of 2019. The owners completed a top-notch remodel and created a beautifully styled, luxury home that is highly desirable to guests.

Potential Pool: You have the opportunity to take this property to the next level and potentially add a pool (buyer to verify). This is not required to be a successful rental but could be a great upgrade down the road that would increase ROI for the property.

Last Agent to Sell the Property

Victoria Wylde

RE/MAX Sedona License #SA704593000 Listed on: 09/12/2024

RE/MAX Sedona

Last Buyer's Agent

Jasson Dellacroce

My Home Group Real Estate License #SA649021000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,253

Year Built

  • Built in 1991

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,676 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Tinted Windows
  • Views of Red Rock

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Doors are 32 inches wide or more
  • Stepless Entry

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Septic Tank
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • 0.39 Acre Lot

Community Details

  • Manzanita 1 2 Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 40140031

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,253

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Year Built: 1991
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.39
  • Subdivision Name: Manzanita 1 - 2
  • Architectural Style: Contemporary
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • View Red RocksBoulders: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Accessibility Features: Accessible Door 32in+ Wide, Zero-Grade Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2676.0
  • Window Features: Dual Pane, Tinted Windows
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Exterior Features: Other
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16988.0
  • Parcel #: 40140031

Tax Info

  • Tax Annual Amount: 4253.0
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Dec 16, 2024
Sold by
Sedona Sunset Properties Llc
Bought by
Joseph Salama Revocable Living Trust and Salama
Seller's Agent
Victoria Wylde
RE/MAX Sedona
Buyer's Agent
Jasson Dellacroce
My Home Group Real Estate
List Price
$2,095,000
Sold Price
$1,950,000
Premium/Discount to List
-$145,000
-6.92%
Views
48
Current Estimated Value
$1,991,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,548
Avg. Annual Appreciation
2.45%
Original Mortgage
$1,743,931
Outstanding Balance
$1,724,009
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$267,539

Purchase Details

Closed on
Oct 5, 2023
Sold by
Brunone Sondra G and Brunone Michael D
Bought by
Sedona Sunset Properties Llc

Purchase Details

Listed on
Sep 13, 2018
Closed on
Mar 1, 2019
Sold by
Schoenhardt Cynthia L
Bought by
Brunone Sondra G and Brunone Michael D
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$832,800
Sold Price
$735,000
Premium/Discount to List
-$97,800
-11.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.30%
Original Mortgage
$380,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2017
Sold by
Schoenhardt Cynthia L
Bought by
Schoenhardt Cynthia L and Estate Of Herbert W Schoenhardt

Purchase Details

Closed on
Nov 19, 2014
Sold by
Schoenhardt Cynthia L
Bought by
Schoenhardt Herbert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
2.15%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Dec 7, 2007
Sold by
Akren Kenneth P
Bought by
Schoenhardt Herbert W and Schoenhardt Cynthia L

Purchase Details

Closed on
Oct 4, 2004
Sold by
Recore James and Recore Brenda S
Bought by
Akren Kenneth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2003
Sold by
Hansen Billie
Bought by
Recore Brenda S and Ross Brenda S

Purchase Details

Closed on
May 2, 2001
Sold by
Allen Lawrence T and Allen Rebecca
Bought by
Ross Brenda S and Hansen Billie
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,950,000 Stewart Title & Trust Of Phoen
Warranty Deed $1,950,000 Stewart Title & Trust Of Phoen
Special Warranty Deed -- None Listed On Document
Warranty Deed $735,000 Pioneer Title Agency
Deed Of Distribution -- None Available
Interfamily Deed Transfer -- Placer Title Company
Cash Sale Deed $910,000 First American Title Ins Co
Warranty Deed $790,000 Fidelity National Title
Warranty Deed -- --
Cash Sale Deed $500,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,743,931 New Conventional
Closed $1,743,931 New Conventional
Previous Owner $380,000 New Conventional
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $632,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2024 12/18/24 Sold $1,950,000 -6.9% $729 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $2,095,000 +185.0% $783 / Sq Ft
03/28/2019 03/28/19 Sold $735,000 -11.7% $274 / Sq Ft View Prior Sale
03/15/2019 03/15/19 Pending -- -- --
09/13/2018 09/13/18 For Sale $832,800 -- $310 / Sq Ft
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
2025 $4,469 $118,947 -- --
2024 $4,469 $124,972 -- --
2023 $4,102 $73,172 $0 $0
2022 $4,102 $62,719 $0 $0
2021 $3,975 $59,748 $0 $0
2020 $3,914 $56,465 $0 $0
2019 $3,803 $48,156 $0 $0
2018 $3,495 $48,579 $0 $0
2017 $3,514 $48,323 $0 $0
2016 $3,434 $47,090 $0 $0
2015 $3,260 $44,699 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 537118

Arizona Regional Multiple Listing Service (ARMLS)

APN: 401-40-031