NOT LISTED FOR SALE

Estimated Value: $244,000 - $300,000

2.58 Acres
$105,591 Price per Acre
112,385 Sq Ft Lot

Last Sold September 01, 2023

Last sale price $265,000

Est. 3% increase in value since last sale

Current estimated payment $1,630/month

15 Days on Market

Highlights

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

About This Lot

As of September 2023

This lot in Higland estates is a remarkable find. The lot is elevated and offers breath taking views, a full 360-degrees. This site is waiting for someone's vision of a dream home that would want to incorporate the beauty of the Red Rocks into a reality. The property backs up to the National Forest, so no building behind this lot. Highland Estates is an exclusive subdivision that is located in the heart of Sedona's Village of Oak Creek. If offers a peaceful and tranquil retreat like setting, but still close to the amenities of Sedona's Village of Oak Creek.

Last Agent to Sell the Property

Cami Goucher

Coldwell Banker Realty License #SA705428000 Listed on: 06/01/2023

Coldwell Banker Realty

Co-Listed By

Clara Cantu Leach

Coldwell Banker Realty License #SA704569000

Last Buyer's Agent

Cami Goucher

Coldwell Banker Realty License #SA705428000 Listed on: 06/01/2023

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,295

Lot Details

  • 2.58 Acre Lot
  • Property is zoned R1L-35

Property Views

  • Red Rock
  • Panoramic
  • Mountain

Utilities

  • Private Water Source

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 40526047

Community Details

Overview

  • Property has a Home Owners Association
  • Highland Est 1 2 Subdivision
  • Property is near a preserve or public land

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,295

Lot Details

0

Listing Details

  • Legal Info Range: 05E
  • Property Type: Land
  • Topography: Steep Sloping, Hillside
  • Zoning: R1L-35
  • Tax Year: 2022
  • Lot Size Acres: 2.58
  • Co List Office Mls Id: cbrb05
  • Co List Office Phone: 928-282-4666
  • Subdivision Name: Highland Est 1 - 2
  • View:Mountain View(s): Yes
  • View Red RocksBoulders: Yes
  • Water Source Private Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

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

Utilities

  • Water Source: Private

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size: see attached PDF of lot demensions
  • Lot Size Sq Ft: 112384.8
  • Parcel #: 40526047

Tax Info

  • Tax Annual Amount: 2295.0
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Aug 25, 2023
Sold by
Stanley A Framburg Trust
Bought by
Greg & Sharon Hormann Family Trust and Hormann
Seller's Agent
Cami Goucher
Coldwell Banker Realty
Buyer's Agent
Cami Goucher
Coldwell Banker Realty
List Price
$289,000
Sold Price
$265,000
Premium/Discount to List
-$24,000
-8.3%
Views
30
Current Estimated Value
$272,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,141
Avg. Annual Appreciation
1.20%

Purchase Details

Closed on
Mar 29, 2004
Sold by
Framburg Stanley A and Framburg Nancy D
Bought by
Framburg Stanley A

Purchase Details

Closed on
Jan 5, 2004
Sold by
Bowen Ron
Bought by
Framburg Stanley A and Framburg Nancy D
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
Greg & Sharon Hormann Family Trust $265,000 Stewart Title & Trust Of Phoen
Framburg Stanley A -- --
Framburg Stanley A $295,000 Pioneer Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2023 09/01/23 Sold $265,000 -8.3% --
06/16/2023 06/16/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $289,000 -- --
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 $2,405 -- -- --
2024 $2,337 -- -- --
2023 $2,337 $41,724 $41,724 $0
2022 $2,295 $29,066 $29,066 $0
2021 $2,328 $30,871 $30,871 $0
2020 $2,328 $0 $0 $0
2019 $2,306 $0 $0 $0
2018 $3,476 $0 $0 $0
2017 $3,383 $0 $0 $0
2016 $3,338 $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: 533247

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-26-047