NOT LISTED FOR SALE

Estimated Value: $3,351,000 - $4,757,000

1.2 Acres
$3,392,474 Price per Acre
52,272 Sq Ft Lot

Last Sold October 29, 2021

Last sale price $840,000

Est. 385% increase in value since last sale

Current estimated payment $21,812/month

Highlights

  • Views of Red Rock
  • Gated Community
  • Level Lot
  • Golf Course Community
  • Property is near a golf course

About This Lot

As of October 2021

This Luxury 1.2 acre Homesite, called ''Compass Point'' Lot 12, is located in the premier gated community of Solitude at Seven Canyon. It is close to the Seven Canyons Practice Facility, one of the most beautiful driving ranges in the nation. Think practice before cocktails and dinner! The Homesite features 270 degree panoramic views stretching from the NE to NW of Lost Wilson Mountain, Wilson Mountain, the Mogollan Rim, Capital Butte and Maroon Mountain. The Homesite offers a 21,032 s.f. building envelope with mature, established trees for privacy. Take a short walk to Coconino National Forest through Dry Creek Wash to access endless trails amidst the sublime beauty of our majestic red rocks. Seven Canyons was featured by USA Today in the article ''10 Golf Courses with Epic Views''.

Last Agent to Sell the Property

Katrin Themlitz

Russ Lyon Sotheby's International Realty License #SA547754000 Listed on: 10/29/2021

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Suzanne Horst

Legacy Sedona LLC License #BR673589000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,625

Lot Details

  • 1.2 Acre Lot
  • Level Lot
  • Property is zoned RS-10

Property Views

  • Red Rock
  • Panoramic
  • Golf Course
  • Mountain
  • Desert

Additional Features

  • Property is near a golf course
  • Private Water Source

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 40835302

Community Details

Overview

  • Property has a Home Owners Association
  • Seven Canyons Subdivision

Recreation

  • Golf Course Community

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$5,625

Lot Details

0

Listing Details

  • Property Type: Land
  • Topography: Level
  • Zoning: RS-10
  • Tax Year: 2020
  • Lot Size Acres: 1.2
  • Subdivision Name: Seven Canyons
  • View:Mountain View(s): Yes
  • View:Desert: Yes
  • View Red RocksBoulders: Yes
  • Water Source Private Franchise2: Yes
  • View:Golf Course2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Rural
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Golf Course Subd, Gated Community
  • View: Mountain(s), Red Rocks/Boulders, Panoramic, Golf Course, Desert
  • Other Structures: None
  • View:Panoramic: Yes

Utilities

  • Water Source: Private

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 52272.0
  • Parcel #: 40835302

Tax Info

  • Tax Annual Amount: 5625.0
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Oct 19, 2021
Sold by
Krp Holdings Llc
Bought by
Cochrun Roland
Seller's Agent
Katrin Themlitz
Russ Lyon Sotheby's International Realty
Buyer's Agent
Suzanne Horst
Legacy Sedona LLC
List Price
$975,000
Sold Price
$840,000
Premium/Discount to List
-$135,000
-13.85%
Current Estimated Value
$4,070,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,230,969
Avg. Annual Appreciation
46.14%

Purchase Details

Closed on
Dec 7, 2012
Sold by
Kortepeter William T and Kortepeter Wendy G
Bought by
Krp Holdings Llc

Purchase Details

Closed on
Aug 19, 2004
Sold by
Seven Canyons Lot Holdings Llc
Bought by
Kortepeter William T and Kortepeter Wendy G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cochrun Roland $840,000 Pioneer Title Agency
Krp Holdings Llc -- None Available
Kortepeter William T $1,208,300 Yavapai Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $840,000 -13.8% --
10/29/2021 10/29/21 For Sale $975,000 -- --
09/18/2021 09/18/21 Pending -- -- --
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 $5,790 $387,083 -- --
2024 $5,637 -- -- --
2023 $5,637 $93,361 $93,361 $0
2022 $5,535 $80,057 $80,057 $0
2021 $5,625 $61,419 $61,419 $0
2020 $5,625 $0 $0 $0
2019 $5,570 $0 $0 $0
2018 $7,177 $0 $0 $0
2017 $6,983 $0 $0 $0
2016 $6,891 $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: 525859

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-35-302