Seller's Agent in 2021
Herbert Schock
RE/MAX
(928) 300-2733
30 in this area
61 Total Sales
Estimated Value: $1,061,000 - $1,173,000
3
Beds
2.5
Baths
2,994
Sq Ft
$365/Sq Ft
Est. Value
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 2021Large 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
RE/MAX Sedona License #SA577183000 Listed on: 05/27/2021
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,301
Avg. Annual Appreciation
6.27%
Original Mortgage
$763,115
Outstanding Balance
$695,890
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$396,030
Purchase Details
Closed on
May 30, 2008
Sold by
Lansky Aileen
Bought by
Lansky Martin
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 Compared to Growth
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 | $3,504 | $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
-
Herbert Schock
-
H
Buyer's Agent in 2021
Historical Agent - SVV
Historical Listings - SVV
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 526609
APN: 408-25-006A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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