Seller's Agent in 2016
Bruce Tobias
RE/MAX
(928) 204-1950
2 in this area
4 Total Sales
Estimated Value: $2,204,321 - $3,184,000
3
Beds
3.5
Baths
3,248
Sq Ft
$786/Sq Ft
Est. Value
Highlights
- Views of Red Rock
- Private Pool
- Contemporary Architecture
- Horses Allowed On Property
- 2.52 Acre Lot
- Vaulted Ceiling
About This Home
As of November 2016This is a uniquely beautiful home, privately located on 2.55 acres at the end of Chimney Rock Lane in west Sedona. A true artistic architectural expression, this single level home features an open and bright floor plan, specialty materials and gorgeous finishes, custom doors and windows, and attention to every detail throughout this stunning residence. The open Great Room flows seamlessly into the Gourmet Kitchen, Dining Area, large Den/Office, and the full outdoor experience with patios front and back opening up to spectacular panoramic red rock. Recent additions include a new pool, spa, and flagstone patio area, new outdoor barbecue area, red rock and custom metalwork fencing, and much more. This is a brilliant work of art, dazzling the senses at every turn and from every perspective.
Last Agent to Sell the Property
RE/MAX Sedona License #SA046864000 Listed on: 10/14/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,197
Year Built
- Built in 2005
Lot Details
- 2.52
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Metal Roof
- Stucco
- Adobe
Interior Spaces
- 1-Story Property
- Vaulted Ceiling
- Gas Fireplace
- Double Pane Windows
- Views of Red Rock
Kitchen
- Breakfast Bar
- Built-In Microwave
- Kitchen Island
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bathroom is a Full Bathroom
- 3.5 Bathrooms
- Bathtub With Separate Shower Stall
Outdoor Features
- Private Pool
- Covered Patio or Porch
- Built-In Barbecue
Utilities
- Heating System Uses Natural Gas
- Septic Tank
- Cable TV Available
Additional Features
- Stepless Entry
- 2.52 Acre Lot
- Horses Allowed On Property
Listing and Financial Details
- Tax Lot 038
- Assessor Parcel Number 40822038
Community Details
Overview
- Under 5 Acres Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 30, 2019
Sold by
Formant Christopher M
Bought by
Formant Christopher
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
$1,927,000
Outstanding Balance
$1,271,198
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,280,576
Purchase Details
Listed on
Oct 14, 2016
Closed on
Nov 2, 2016
Sold by
Remmers John E and Perrouault Naomi M
Bought by
Formant Christopher M
Seller's Agent
Bruce Tobias
RE/MAX Sedona
Buyer's Agent
Jeanette Sauer
Russ Lyon Sotheby's International Realty
List Price
$2,200,000
Sold Price
$1,975,000
Premium/Discount to List
-$225,000
-10.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Purchase Details
Closed on
Aug 21, 2008
Sold by
Levine David M
Bought by
Remmers John E and Perrouault Naomi M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 19, 2005
Sold by
Snead Barbara Ann and Thomas Diana Mary
Bought by
Levine David M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,200
Interest Rate
5.6%
Mortgage Type
Fannie Mae Freddie Mac
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 |
|---|---|---|---|
| Formant Christopher | -- | First American Insurance Co | |
| Formant Christopher M | $1,975,000 | Metro Title Agency Az Tucson | |
| Remmers John E | $1,850,000 | Pioneer Title Agency Inc | |
| Levine David M | $849,900 | Arizona Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Formant Christopher | $1,927,000 | |
| Previous Owner | Remmers John E | $850,000 | |
| Previous Owner | Levine David M | $679,200 | |
| Closed | Levine David M | $169,950 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/09/2016 11/09/16 | Sold | $1,975,000 | -10.2% | $608 / Sq Ft |
| 10/27/2016 10/27/16 | Pending | -- | -- | -- |
| 10/14/2016 10/14/16 | For Sale | $2,200,000 | -- | $677 / Sq Ft |
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 | $8,111 | $232,858 | -- | -- |
| 2024 | $7,753 | $220,222 | -- | -- |
| 2023 | $7,896 | $147,682 | $0 | $0 |
| 2022 | $7,753 | $119,017 | $43,587 | $75,430 |
| 2021 | $7,879 | $121,696 | $47,499 | $74,197 |
| 2020 | $7,879 | $0 | $0 | $0 |
| 2019 | $7,803 | $0 | $0 | $0 |
| 2018 | $7,448 | $0 | $0 | $0 |
| 2017 | $7,247 | $0 | $0 | $0 |
| 2016 | $6,551 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bruce Tobias
-
Jeanette Sauer
Buyer's Agent in 2016
Jeanette Sauer
Russ Lyon Sotheby's International Realty
(928) 660-9266
143 in this area
283 Total Sales
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 511369
APN: 408-22-038
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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