NOT LISTED FOR SALE

Estimated Value: $1,544,000 - $1,983,000

-- Bed
8 Baths
3,900 Sq Ft
$456/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $985,000 $253 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $9,770/month

345 Days on Market

Highlights

  • Attached Garage
  • Central Air
  • Concrete Flooring
  • Manuel Demiguel Elementary School Rated A-
  • Ceiling Fan
  • 1-minute walk to Jordan Historical Park

About This Home

As of October 2020

Situated on 1.44 acres in Uptown Sedona, the possibilities for the multi-unit building and raw land are endless. Priced out at $800,000 for the 4-plex (on .44 acres) + $250,000 for the raw land (1 acre). Units 1 & 2 are fully remodeled with new appliances and laminate flooring. Each is a 2 BR/2 BA at approx 900 sq.ft. each. The Master Bedrooms open out onto private landscaped patio areas with mature trees. Unit 1 has an additional side patio and a wood-burning stovepipe fireplace. Unit 3 is larger at approx. 1050 sq.ft. with its own huge private deck with red rock views. It is also 2 BR/2BA and in good condition with a wood-burning stovepipe fireplace + new laminate flooring in kitchen.

The lower level of the building is where you will find the community laundry room and Units 4, 5 & 6. Unit 4 is approx 1050 sq. ft. and has a huge living room with a large kitchen/dining area. It's a 1 Bedroom with an attached full bathroom plus a 2nd room that can be used as an office or bedroom with an attached bathroom as well. The front of this unit has large windows onto it's own private garden patio.

Units 5 & 6 have been rented as storage space/workshops and each has a 2-car garage with electric door openers. These extra units have provided additional income stream to the property but also have the potential to be converted into additional living units.

The property is being sold AS IS and priced accordingly. In June 2019, a full inspection was done on the property and the report will be provided to serious buyers who are approved for a showing appointment.

Because this is a fully occupied multi-unit dwelling, please respect the privacy of tenants and carefully read Agent Remarks with all imperative instructions for showings. There is absolutely no seller financing. We are only allowing showings for serious buyers & their agents after receiving qualifying financial documents. Thank you!

Last Agent to Sell the Property

Ian Kraut

Sedona Elite Properties License #BR645547000 Listed on: 09/10/2019

Co-Listed By

Traci Durfee

Sedona Elite Properties License #SA684059000

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,054

Year Built

  • Built in 1981

Parking

  • Attached Garage

Home Design

  • Wood Frame Construction
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Concrete
  • Vinyl

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • 6 Units
  • Under 5 Acres Subdivision

Listing and Financial Details

  • Tax Lot 2f
  • Assessor Parcel Number 40105002k

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,054

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: Rm2
  • Number Of Buildings: 1
  • Year Built: 1981
  • Tax Year: 2018
  • Co List Office Mls Id: sedo001
  • Co List Office Phone: 614-477-3352
  • Subdivision Name: Under 5 Acres
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Appliances: Disposal, Dishwasher, Refrigerator, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Construction Type: Wood Frame, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other, Attached
  • Attached Garage: Yes
  • Parking Features:Attached: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Natural Gas: Yes

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Lot Info

  • Parcel #: 40105002k

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 5054.0
  • Tax Lot: 2f

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2019
Closed on
Sep 30, 2020
Sold by
Mcdonald Jean A
Bought by
Tamplin Kenneth R and Tamplin Lynette J
Seller's Agent
Ian Kraut
Sedona Elite Properties
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$1,050,000
Sold Price
$985,000
Premium/Discount to List
-$65,000
-6.19%
Current Estimated Value
$1,773,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$788,974
Avg. Annual Appreciation
12.41%
Original Mortgage
$738,750
Outstanding Balance
$657,079
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,123,180

Purchase Details

Closed on
Oct 7, 1997
Sold by
Pritchard William J
Bought by
Glass Robert and Glass Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.54%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Tamplin Kenneth R $985,000 Stewart Ttl & Tr Of Phoenix
Glass Robert $200,000 Yavapai Coconino Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tamplin Kenneth R $738,750
Previous Owner Glass Robert $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $985,000 -6.2% $253 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
09/10/2019 09/10/19 For Sale $1,050,000 -- $269 / 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
2025 $5,821 $141,163 -- --
2024 $5,821 $130,182 -- --
2023 $5,343 $94,125 $0 $0
2022 $5,343 $83,018 $0 $0
2021 $5,178 $81,544 $0 $0
2020 $5,099 $79,744 $0 $0
2019 $4,954 $62,729 $0 $0
2018 $5,054 $62,065 $0 $0
2017 $5,159 $63,025 $0 $0
2016 $5,083 $60,383 $0 $0
2015 $4,785 $55,795 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 521162

Arizona Regional Multiple Listing Service (ARMLS)

APN: 401-05-002K