NOT LISTED FOR SALE

Estimated Value: $1,060,011 - $1,258,000

3 Beds
2.5 Baths
2,994 Sq Ft
$387/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $848,000 $283 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,320/month

152 Days on Market

Highlights

  • Views of Red Rock
  • Cul-De-Sac
  • Cooling Available
  • RV Access or Parking
  • Double Pane Windows
  • Tankless Water Heater

About This Home

As of November 2021

Large home in West Sedona with many possibilities. Highest & best use may be
as an investment property. There are no restrictions. Or live up top on the main level & rent the lower level to help with the mortgage. There are 3 bedrooms & 2 baths on main level with a beautiful gourmet kitchen opening to a Great Room with Living and dining areas. On the lower level you will find two huge rooms & a potential additional bedroom plus a half bath. Home is sited on a large half acre lot with Spectacular Red Rock Views. Easily park 5 cars + an RV. Great National Forest hiking nearby & all Sedona amenities are within minutes. Come take a look and see if this one might be the one you've been looking for. A professional property manager who does AirB&Bs in Sedona felt with some updating the property could possibly bring $900/night in season & $500/night in the off season. If you are willing to roll up your sleeves and do some work this property could be a real gold mine.

OR, buy as a primary residence and rent out the lower level (it has a separate entrance). If you rent it as a short term rental it should pay your mortgage, property taxes and utilities plus give you a profit. As a long term rental it would cut your mortgage by 2/3 to a around $1,000-$1200/ month depending on rental value.

Home would also be great for a large family or an extended family. Lower level would make a great mother-in law quarters.

I would be happy to share my ideas on all of these possibilities.

Last Agent to Sell the Property

Herbert Schock

RE/MAX Sedona License #SA577183000 Listed on: 05/27/2021

RE/MAX Sedona

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,561

Year Built

  • Built in 1984

Lot Details

  • 0.52 Acre Lot
  • Cul-De-Sac

Parking

  • RV Access or Parking

Property Views

  • Red Rock
  • City

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,994 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Walk-Out Basement

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • Stepless Entry

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Coffee Pot Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40825006a

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,561

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Basement: Y
  • Year Built: 1984
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.52
  • Subdivision Name: Coffee Pot
  • Architectural Style: Ranch
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • View Red RocksBoulders: Yes
  • Fireplace Features Gas Fireplace: Yes
  • View City2: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Flooring: Carpet, Tile
  • Basement YN: Yes
  • Accessibility Features: Zero-Grade Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Central Vacuum, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2994.0
  • Stories: 1
  • Window Features: Dual Pane
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Separate Workshop: Yes
  • Basement Description:Walkout: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Lot Features: Cul-De-Sac
  • Construction Type: Wood Frame
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: RV Access/Parking
  • Attached Garage: No
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22651.0
  • Parcel #: 40825006a

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Tax Info

  • Tax Annual Amount: 3561.0
  • Tax Lot: xx

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Oct 13, 2021
Sold by
Lansky Martin
Bought by
Bhatt Yash J and Shah Khushali D
Seller's Agent
Herbert Schock
RE/MAX Sedona
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$989,000
Sold Price
$848,000
Premium/Discount to List
-$141,000
-14.26%
Current Estimated Value
$1,158,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,253
Avg. Annual Appreciation
7.54%
Original Mortgage
$763,115
Outstanding Balance
$695,890
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$462,363

Purchase Details

Closed on
May 30, 2008
Sold by
Lansky Aileen
Bought by
Lansky Martin
Source: Public Records
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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
Bhatt Yash J $848,000 Empire Title Agency
Lansky Martin -- Pioneer Title Agency Inc
Lansky Martin $360,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhatt Yash J $763,115
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2021 11/01/21 Sold $848,000 -14.3% $283 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $989,000 -- $330 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $3,666 $80,570 -- --
2024 $3,569 $72,372 -- --
2023 $3,569 $51,495 $11,709 $39,786
2022 $3,504 $42,205 $10,458 $31,747
2021 $3,561 $41,754 $10,471 $31,283
2020 $3,561 $0 $0 $0
2019 $3,526 $0 $0 $0
2018 $3,366 $0 $0 $0
2017 $3,293 $0 $0 $0
2016 $3,249 $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: 526609

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-25-006A