NOT LISTED FOR SALE

Estimated Value: $4,135,996

-- Bed
8 Baths
10,786 Sq Ft
$383/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $2,000,000 $185 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $23,198/month

383 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heating System Uses Natural Gas

About This Home

As of October 2017

This incredible private campus/retreat center is located on a secluded, gated property of 1.9 acres in the heart of West Sedona, surrounded by lush landscaping and impeccably maintained, offering a multitude of versatile uses as an educational facility, meeting center, retreat center, and much more. There are six buildings, all stunningly remodeled, comprising 10,785 sq. ft. These include a beautiful Main Hall that’s permitted for up to 135 people, an exceptional group Kitchen and Dining Area with indoor and patio seating, a large Conference Center, Meeting Rooms, Session Rooms, Exercise/Yoga room, Office and Welcome Center, 2 private self-contained Residences and a gorgeous Meditation/Meeting Pavilion - all spectacularly groomed and manicured. The Main Hall includes a built-in... sound system, projector, and large retractable screen. The full Kitchen facility includes a large walk-in cooler, large outdoor barbecue area, and indoor/outdoor dining with a wonderful water feature. There's parking for 50 vehicles onsite. The current use is grandfathered and the new owner may need a Conditional Use Permit from the City for a similar permitted use. This is a very rare and amazing property, a true jewel in the heart of Sedona. Furniture is available by separate agreement.

Last Agent to Sell the Property

Roy Grimm

RE/MAX Sedona License #BR504752000 Listed on: 10/01/2016

RE/MAX Sedona

Last Buyer's Agent

Roy Grimm

RE/MAX Sedona License #BR504752000 Listed on: 10/01/2016

RE/MAX Sedona

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $18,066

Year Built

  • Built in 1992

Lot Details

  • Property is zoned RS-12

Home Design

  • 10,786 Sq Ft Home
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Wood
  • Carpet

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 220 Volts
  • Private Water Source
  • Master Water Meter

Community Details

  • 6 Buildings
  • Building Dimensions are Per Plat of Record
  • Settlers Rest Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 40809023

Property Details

Property Type

Other

Est. Annual Taxes

$18,066

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: RS-12
  • Number Of Buildings: 6
  • Year Built: 1992
  • Tax Year: 2016
  • Subdivision Name: Settlers Rest
  • Electric 220: Yes
  • Roofing:Composition: Yes
  • Water Source Private Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Wood
  • Living Area: 10786.0
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Construction Type: Wood Frame, Stucco
  • Roof: Composition
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Utilities

  • Electric: 220 Volts, Master Meter
  • Cooling: Central Air, Other
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private, Master Meter
  • Heating:Natural Gas: Yes
  • Electric Master Meter: Yes
  • Main Cooling Other: Yes

Lot Info

  • Lot Size: Per Plat of Record
  • Parcel #: 40809023

Tax Info

  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2023
Sold by
Sedona Life Center Llc
Bought by
Cc-Deer Trail Llc
Current Estimated Value
$4,135,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,470,836
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$2,790,331

Purchase Details

Listed on
Oct 1, 2016
Closed on
Oct 18, 2017
Sold by
Osho Academy Inc
Bought by
Cc Deer Trail Llc
Seller's Agent
Roy Grimm
RE/MAX Sedona
Buyer's Agent
Roy Grimm
RE/MAX Sedona
List Price
$2,400,000
Sold Price
$2,000,000
Premium/Discount to List
-$400,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$100,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2007
Sold by
Unlimited Property Development Llc
Bought by
Osho Academy Inc

Purchase Details

Closed on
Jun 20, 2001
Sold by
The Sedona Conservative Baptist Church
Bought by
Osho Academy
Source: Public Records

Range of Values:

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Average Value
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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
Cc-Deer Trail Llc -- Empire Title
Cc Deer Trail Llc $2,000,000 Pioneer Title Agency
Osho Academy Inc -- Capital Title Agency
Osho Academy $500,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cc-Deer Trail Llc $1,500,000
Previous Owner Cc Deer Trail Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2017 10/20/17 Sold $2,000,000 -16.7% $185 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
10/01/2016 10/01/16 For Sale $2,400,000 -- $223 / Sq Ft
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 $18,066 -- -- --
2024 $17,588 -- -- --
2023 $17,588 $325,695 $27,786 $297,909
2022 $17,268 $295,159 $25,304 $269,855
2021 $17,549 $274,396 $23,622 $250,774
2020 $17,549 $0 $0 $0
2019 $17,380 $0 $0 $0
2018 $16,590 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $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: 511240

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-09-023