NOT LISTED FOR SALE

Estimated Value: $1,322,000 - $1,614,000

0.49 Acre
$2,951,841 Price per Acre
21,344 Sq Ft Lot

Last Sold May 31, 2012

Last sale price $125,000

Est. 1,057% increase in value since last sale

Current estimated payment $8,068/month

2,057 Days on Market

Highlights

  • Views of Red Rock
  • Partially Fenced Property
  • Level Lot
  • Gated Community

About This Lot

As of May 2012

This custom homesite is located in a small gated community in the heart of West Sedona. The subdivision provides owners access to National Forest and has unblockable views of the famed Red Rocks that have made Sedona famous. This lot is nearly a half acre and allows a single story home. All utilities are underground to preserve the views from your dream home. Green building practices will be encouraged to ensure harmony with the Sedona's desert landscape. OMC. One officer of the corp. has an AZ Real Estate license.

Last Agent to Sell the Property

Karen Dunlap

Coldwell Banker Realty License #BR007987000 Listed on: 09/14/2006

Coldwell Banker Realty

Co-Listed By

Rick Wesselhoff

Coldwell Banker Realty License #BR529981000

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,570

Lot Details

  • 0.49 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned RS18a

Property Views

  • Red Rock
  • Mountain

Utilities

  • Private Water Source

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 40828380

Community Details

Overview

  • Property has a Home Owners Association
  • Terrie Verde Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,570

Lot Details

0

Listing Details

  • Property Type: Land
  • Topography: Level
  • Zoning: RS18a
  • Tax Year: 2011
  • Lot Size Acres: 0.49
  • Co List Office Mls Id: cbfa01
  • Co List Office Phone: 928-282-4666
  • Subdivision Name: Terrie Verde
  • 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: Partial
  • Lot Features: Gated Community
  • View: Mountain(s), Red Rocks/Boulders
  • Other Structures: None

Utilities

  • Water Source: Private

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size: irreg
  • Lot Size Sq Ft: 21344.4
  • Parcel #: 40828380

Tax Info

  • Tax Annual Amount: 2570.0
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2021
Sold by
Panem Investments Llc
Bought by
Cook Stephen and Cook Kathryn
Current Estimated Value
$1,446,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 14, 2006
Closed on
May 29, 2012
Sold by
Cdr Associates Inc
Bought by
Panem Investments Llc
Seller's Agent
Karen Dunlap
Coldwell Banker Realty
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$479,000
Sold Price
$125,000
Premium/Discount to List
-$354,000
-73.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.03%
Source: Public Records

Range of Values:

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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
Cook Stephen $159,000 Pioneer Title Agency
Panem Investments Llc -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cook Stephen $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2012 05/31/12 Sold $125,000 -73.9% --
05/02/2012 05/02/12 Pending -- -- --
09/14/2006 09/14/06 For Sale $479,000 -- --
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 $5,964 $127,437 -- --
2024 $5,806 $135,395 -- --
2023 $5,806 $23,006 $23,006 $0
2022 $1,511 $20,989 $20,989 $0
2021 $1,535 $19,245 $19,245 $0
2020 $1,535 $0 $0 $0
2019 $1,520 $0 $0 $0
2018 $1,641 $0 $0 $0
2017 $1,677 $0 $0 $0
2016 $1,737 $0 $0 $0
2015 -- $0 $0 $0
2014 $1,864 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 110628

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-28-380