NOT LISTED FOR SALE

Estimated Value: $98,000 - $281,000

2 Acres
$79,304 Price per Acre
87,120 Sq Ft Lot

Last Sold March 31, 2020

Last sale price $83,000

Est. 91% increase in value since last sale

Current estimated payment $895/month

55 Days on Market

Highlights

  • Views of Red Rock
  • Horses Allowed On Property
  • Partially Fenced Property
  • Cottonwood Elementary School Rated 10
  • Property is near a preserve or public land
  • Level Lot

About This Lot

As of March 2020

This 2 acre special lot has views like you are in Spain! See a 60 acre vineyard (Alcantara Vineyard) to the East, the Verde River greenbelt to the South and Mingus Mountains to West. Very quiet neighborhood, beautiful views, only 2 min walking to Forest Service, Verde River, and State Land. 18 min drive to Sedona, 15 min to Cottonwood, 25 min to Jerome. Minimum square footage is 1,600 sf, homes only. Horses permitted. Paul Cate Architects created plans for a 1,900 sf 2 bedroom plus den home plus a 4 stall barn by MD Barnmaster with 650 sf barn apartment. Level topography is a builder's dream, site soil evaluation and percolation test already done! Call today for more information or to walk the site. Owner/Agent.

Last Agent to Sell the Property

Katrin Themlitz

Russ Lyon Sotheby's International Realty License #SA547754000 Listed on: 01/25/2020

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Steve Doyle

Russ Lyon Sotheby's International Realty

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $672

Lot Details

  • 2 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned RCU-2A

Property Views

  • Red Rock
  • Panoramic
  • City
  • Mountain
  • Desert

Horse Facilities and Amenities

  • Horses Allowed On Property

Community Details

  • Under 5 Acres Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 40721012u

Property Details

Property Type

Land

Est. Annual Taxes

$672

Lot Details

0

Listing Details

  • Legal Info Range: 04E
  • Property Type: Land
  • Topography: Level
  • Zoning: RCU-2A
  • Tax Year: 2019
  • Horses: Yes
  • Lot Size Acres: 2.0
  • Road Surface Type: Gravel
  • Subdivision Name: Under 5 Acres
  • View:Mountain View(s): Yes
  • View:Desert: Yes
  • View Red RocksBoulders: Yes
  • View City2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Rural

Exterior Features

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

Lot Info

  • Lot Size Sq Ft: 87120.0
  • Parcel #: 40721012u

Tax Info

  • Tax Annual Amount: 672.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2020
Closed on
Mar 17, 2020
Sold by
Heredia Leonor Hidalgo and Heredia Jeffrey Keith
Bought by
Heredia Jeffrey Keith
Seller's Agent
Katrin Themlitz
Russ Lyon Sotheby's International Realty
Buyer's Agent
Steve Doyle
Russ Lyon Sotheby's International Realty
List Price
$89,500
Sold Price
$83,000
Premium/Discount to List
-$6,500
-7.26%
Current Estimated Value
$158,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,608
Avg. Annual Appreciation
12.01%

Purchase Details

Closed on
Jun 21, 2018
Sold by
Hillman Phillip A and Hillman Patricia K
Bought by
Themlitz Katrin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 1, 2009
Sold by
Davis Allen L
Bought by
Hillman Philip A and Hillman Patricia K
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
Heredia Jeffrey Keith -- Pioneer Title Agency
Heredia Jeffrey Keith $83,000 Pioneer Title Agency
Themlitz Katrin $68,000 Pioneer Title Agency
Hillman Philip A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Themlitz Katrin $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2020 03/31/20 Sold $83,000 -7.3% --
03/20/2020 03/20/20 Pending -- -- --
01/25/2020 01/25/20 For Sale $89,500 -- --
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 $714 -- -- --
2024 $689 -- -- --
2023 $689 $15,036 $15,036 $0
2022 $677 $10,207 $10,207 $0
2021 $696 $11,387 $11,387 $0
2020 $684 $0 $0 $0
2019 $672 $0 $0 $0
2018 $647 $0 $0 $0
2017 $621 $0 $0 $0
2016 $604 $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: 522094

Arizona Regional Multiple Listing Service (ARMLS)

APN: 407-21-012U