J
Seller's Agent in 2022
James French
Russ Lyon Sotheby's International Realty
(928) 300-9654
22 in this area
86 Total Sales
Estimated Value: $224,000 - $1,337,000
0.24
Acre
$2,275,783
Price per Acre
10,454
Sq Ft Lot
Highlights
- Views of Red Rock
- Cul-De-Sac
- Property is near a preserve or public land
About This Lot
As of October 2022This exceptional .24-acre homesite backs to the NFS & offers some of the most beautiful & cherished views in Sedona. From sunrise to sunset, the everchanging panoramic RR & mesa views are spectacular, particularly during a thunderstorm. The verdant arroyo provides fantastic privacy, incredible birdwatching & wildlife viewing. This is the quintessence of the beauty of Sedona. Recently, newlyweds chose this gorgeous location for their wedding photos! Hiking & mountain bike trails nearby. A septic system was previously installed & with some work- may be utilized, Buyer to verify. A topographical survey is available & a Geotechnical Report has been completed. 2 preliminary plans available. Experience this inspiring property -it will make your heart skip a beat!
Last Agent to Sell the Property
Russ Lyon Sotheby's International Realty License #SA517242000 Listed on: 01/22/2022
Last Buyer's Agent
Russ Lyon Sotheby's International Realty License #SA517242000 Listed on: 01/22/2022
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,425
Lot Details
- 10,454 Sq Ft Lot
- Cul-De-Sac
- Property is zoned R1L-10
Property Views
- Red Rock
- Panoramic
- Mountain
Utilities
- Private Water Source
Community Details
- Property has a Home Owners Association
- Red Rock Cove East Subdivision
- Property is near a preserve or public land
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 40529016e
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 11, 2024
Sold by
Kavi Trust and Ratan Kavita
Bought by
Ratan Kavita
Current Estimated Value
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
$1,484,862
Interest Rate
6%
Mortgage Type
Construction
Estimated Equity
-$938,674
Purchase Details
Listed on
Jan 22, 2022
Closed on
Sep 23, 2022
Sold by
Gregory Randall and Gregory Louise Marie
Bought by
Kavi Trust
Seller's Agent
James French
Russ Lyon Sotheby's International Realty
Buyer's Agent
James French
Russ Lyon Sotheby's International Realty
List Price
$375,000
Sold Price
$262,500
Premium/Discount to List
-$112,500
-30%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.29%
Original Mortgage
$210,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 20, 2017
Closed on
Jun 14, 2017
Sold by
Warner Russell H
Bought by
Bridges Gregory R and Bridges Louise M
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
James French
Russ Lyon Sotheby's International Realty
List Price
$159,999
Sold Price
$100,000
Premium/Discount to List
-$59,999
-37.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.89%
Original Mortgage
$50,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 27, 2003
Sold by
Warner Russell Howard and Warner Kristine Susan
Bought by
Warner Russell H and Warner Kristine S
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 |
|---|---|---|---|
| Ratan Kavita | -- | Pioneer Title | |
| Kavi Trust | -- | Pioneer Title | |
| Ratan Kavita | -- | Pioneer Title | |
| Kavi Trust | $262,500 | Pioneer Title | |
| Bridges Gregory R | $100,000 | Yavapai Title | |
| Warner Russell H | -- | Yavapai Title | |
| Warner Russell H | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ratan Kavita | $1,500,000 | |
| Closed | Ratan Kavita | $1,500,000 | |
| Previous Owner | Kavi Trust | $210,000 | |
| Previous Owner | Warner Russell H | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/14/2022 10/14/22 | Sold | $262,500 | -30.0% | -- | |
| 10/12/2022 10/12/22 | Pending | -- | -- | -- | |
| 01/22/2022 01/22/22 | For Sale | $375,000 | +275.0% | -- | |
| 06/21/2017 06/21/17 | Sold | $100,000 | -37.5% | -- | View Prior Sale |
| 06/21/2017 06/21/17 | Pending | -- | -- | -- | |
| 03/20/2017 03/20/17 | For Sale | $159,999 | -- | -- |
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 | $1,472 | -- | -- | -- |
| 2024 | $1,430 | -- | -- | -- |
| 2023 | $1,430 | $21,429 | $21,429 | $0 |
| 2022 | $1,405 | $18,700 | $18,700 | $0 |
| 2021 | $1,425 | $17,816 | $17,816 | $0 |
| 2020 | $1,425 | $0 | $0 | $0 |
| 2019 | $1,411 | $0 | $0 | $0 |
| 2018 | $1,744 | $0 | $0 | $0 |
| 2017 | $1,747 | $0 | $0 | $0 |
| 2016 | $1,724 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
James French
-
H
Seller's Agent in 2017
Historical Agent - SVV
Historical Listings - SVV
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 528797
APN: 405-29-016E
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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