NOT LISTED FOR SALE

Estimated Value: $1,547,000 - $2,082,000

3 Beds
2.5 Baths
2,416 Sq Ft
$749/Sq Ft Est. Value

Last Sold July 19, 2018

Last sale price $875,000 $362 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $9,979/month

24 Days on Market

Highlights

  • Views of Red Rock
  • 2.25 Acre Lot
  • Skylights
  • Horses Allowed On Property
  • Contemporary Architecture
  • Double Pane Windows

About This Home

As of July 2018

This extraordinary estate, situated on 2.25 acres, combines Old World charm with fabulous views, privacy & one of Sedona's most desirable areas - the Dry Creek Road corridor. The Spanish-influenced home features Saltillo tile floors, beamed ceilings, arched windows, three fireplaces, a marvelous waterfall & spa, native & planted landscaping, & several wonderful patios to enjoy the illuminated red rocks at sunset with the fragrance of jasmine in the air. The location is ideal for hikers, with some of the area's best trails within walking distance. For golfers, the world-class Seven Canyon's Golf Club is less than five minutes away. So, too, is the Enchantment Resort with its great restaurants & famed spa. For equestrians, the property has horse privileges & stables. Yes, you CAN have it all

Last Agent to Sell the Property

Roy Grimm

RE/MAX Sedona License #BR504752000 Listed on: 05/26/2018

RE/MAX Sedona

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,472

Year Built

  • Built in 1987

Lot Details

  • 2.25

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,416 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Views of Red Rock

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Home Security

  • Security System Owned
  • Intercom

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Septic Tank
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Patio
  • 2.25 Acre Lot

Community Details

  • Red Cliffs Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 40822029

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,472

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Basement: N
  • Year Built: 1987
  • Tax Year: 2017
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 2.25
  • Subdivision Name: Red Cliffs
  • Architectural Style: Contemporary, Spanish
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • View Red RocksBoulders: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Other Equipment: Intercom
  • Accessibility Features: Zero-Grade Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Central Vacuum, Kitchen Island, Full Bth Master Bdrm
  • Living Area: 2416.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Exterior Features: Other
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Patio
  • Roof: Tile, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Horse Amenities: Corral(s)
  • Lot Size Sq Ft: 98010.0
  • Parcel #: 40822029

Tax Info

  • Tax Annual Amount: 5472.0
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2018
Sold by
Lago Barbara D and Barbara D Lago Living Trust
Bought by
Drake Lago Properties Llc
Current Estimated Value
$1,809,122

Purchase Details

Listed on
May 26, 2018
Closed on
Jul 13, 2018
Sold by
Paradise View Enterprises
Bought by
Lago Barbara D and Barbara D Lago Living Trust Of
Seller's Agent
Roy Grimm
RE/MAX Sedona
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$925,000
Sold Price
$875,000
Premium/Discount to List
-$50,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%

Purchase Details

Closed on
Jul 26, 2005
Sold by
Sours Charles L
Bought by
Paradise View Enterprises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2001
Sold by
Sours Charles L and Sours Barbara
Bought by
Paradise View Enterprises

Purchase Details

Closed on
Jul 11, 2000
Sold by
Kickert Juliana
Bought by
Sours Charles L and Sours Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
8.38%
Mortgage Type
New Conventional
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
Drake Lago Properties Llc -- None Available
Lago Barbara D $875,000 Pioneer Title Agency
Paradise View Enterprises -- Arizona Title Agency Inc
Sours Charles L -- Arizona Title Agency Inc
Sours Charles L -- Arizona Title Agency Inc
Paradise View Enterprises -- --
Sours Charles L $630,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sours Charles L $840,000
Previous Owner Sours Charles L $470,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2018 07/19/18 Sold $875,000 -5.4% $362 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
05/26/2018 05/26/18 For Sale $925,000 -- $383 / 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 $6,124 $163,649 -- --
2024 $5,962 $154,329 -- --
2023 $5,962 $102,379 $48,628 $53,751
2022 $5,854 $84,056 $41,802 $42,254
2021 $5,949 $87,137 $45,833 $41,304
2020 $5,949 $0 $0 $0
2019 $5,891 $0 $0 $0
2018 $5,624 $0 $0 $0
2017 $5,472 $0 $0 $0
2016 $4,893 $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: 516495

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-22-029