NOT LISTED FOR SALE

Estimated Value: $254,000 - $379,000

1.12 Acres
$276,554 Price per Acre
48,787 Sq Ft Lot

Last Sold February 07, 2022

Last sale price $290,000

Est. 7% increase in value since last sale

Current estimated payment $1,842/month

39 Days on Market

Highlights

  • Views of Red Rock
  • Gated Community
  • Level Lot

About This Lot

As of February 2022

Absolutely breathtaking, this spectacular level lot with panoramic Red Rock & Cathedral Rock views is nestled within the highly sought after gated Highland Estates subdivision. Quiet & serene, this is the perfect location to build your dream home. Are you looking to live in a neighborhood for neighbors without the noise & distractions of an Airbnb, then Highland Estates is for you. Close to all the amenities Sedona's Village of Oak Creek has to offer including hiking, biking, golf, restaurants, shopping & more. All utilities are underground.

Last Agent to Sell the Property

Danielle Giann

Coldwell Banker Realty License #SA561933000 Listed on: 12/27/2021

Coldwell Banker Realty

Last Buyer's Agent

Barbara Baker

Barbara Baker Realty LLC License #BR543533000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,908

Lot Details

  • 1.12 Acre Lot
  • Level Lot
  • Property is zoned R1L-35

Property Views

  • Red Rock
  • Panoramic
  • Mountain

Utilities

  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 40526050

Community Details

Overview

  • Property has a Home Owners Association
  • Highland Est 1 2 Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,908

Lot Details

0

Listing Details

  • Property Type: Land
  • Topography: Level
  • Zoning: R1L-35
  • Tax Year: 2021
  • Lot Size Acres: 1.12
  • 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
  • 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 Sq Ft: 48787.2
  • Parcel #: 40526050

Tax Info

  • Tax Annual Amount: 2908.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2021
Closed on
Jan 13, 2022
Sold by
Panescu Richard L
Bought by
Teger Frank S and Defeo Francesca A
Seller's Agent
Danielle Giann
Coldwell Banker Realty
Buyer's Agent
Barbara Baker
Barbara Baker Realty LLC
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Current Estimated Value
$309,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,740
Avg. Annual Appreciation
1.72%

Purchase Details

Closed on
Jul 30, 2008
Sold by
Panescu Ingeburg M and Panescu Richard L
Bought by
Panescu Richard L
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
Teger Frank S $290,000 Stewart Title
Panescu Richard L -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2022 02/07/22 Sold $290,000 -3.0% --
02/04/2022 02/04/22 Pending -- -- --
12/27/2021 12/27/21 For Sale $299,000 -- --
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 $2,580 -- -- --
2024 $2,507 -- -- --
2023 $2,507 $37,906 $37,906 $0
2022 $2,462 $27,392 $27,392 $0
2021 $2,908 $30,376 $30,376 $0
2020 $2,916 $0 $0 $0
2019 $2,887 $0 $0 $0
2018 $2,756 $0 $0 $0
2017 $2,682 $0 $0 $0
2016 $2,647 $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: 528629

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-26-050