NOT LISTED FOR SALE

Lake Montezuma, AZ 86335

Lake Montezuma Neighborhood

Estimated Value: $50,656 - $344,000

32.79 Acres
$3,924 Price per Acre
1,428,332 Sq Ft Lot

Last Sold November 15, 2013

Last sale price $192,000

Est. 33% decrease in value since last sale

Current estimated payment $708/month

43 Days on Market

Highlights

  • Panoramic View
  • 32.79 Acre Lot
  • Property is near a preserve or public land

About This Lot

As of November 2013

Fantastic Opportunity for a Custom Home Builder or Investor to have control of a community within a community! The developer of the 166 lot, 588-acre master planned community of Thunder Ridge, is doing a Bulk Close Out Sale of the last 12 Lots which they own in Thunder Ridge. Positioned within the unincorporated community of Rimrock, AZ, these 12 lots are zoned RCU-2A, and range in size from 2.10 to 5.20 acres, total of 32.79 net acres. The location is stunning, as they are all situated within a small valley on side of the east mesa, nestled against adjacent Coconino National Forest, with unobstructed views. The Arizona Department of Real Estate issued their Public Report #DM 05-050082 on November 29, 2005 for Phase VI. The development entity officially transferred the subdivision to the POA on September 9, 2006. Electric/Telephone/Roadway are installed - lots require a future well and septic. Community clubhouse/pool. The 2005 Public Report is in the process of being Amended with ADRE to reflect current data.

Last Agent to Sell the Property

Reginald Owens

Coldwell Banker Realty License #BR005922000 Listed on: 08/26/2013

Coldwell Banker Realty

Last Buyer's Agent

Reginald Owens

Coldwell Banker Realty License #BR005922000 Listed on: 08/26/2013

Coldwell Banker Realty

Property Details

Property Type

  • Land

Lot Details

  • 32.79 Acre Lot
  • Property is zoned RCU-2A

Property Views

  • Panoramic
  • Mountain

Community Details

  • Property has a Home Owners Association
  • Thunder Ridge Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 40551156

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Topography: Steep Sloping, Hillside, Gentle Sloping, Level
  • Zoning: RCU-2A
  • Tax Year: 2012
  • Lot Size Acres: 32.79
  • Subdivision Name: Thunder Ridge
  • View:Mountain View(s): Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Lot Features: Borders Pres/Pub Lnd
  • View: Mountain(s), Panoramic
  • Other Structures: None
  • View:Panoramic: Yes

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 1428332.4
  • Parcel #: 40551156

Tax Info

  • Tax Annual Amount: 10105.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2013
Closed on
Nov 12, 2013
Sold by
America West Capital One Lc
Bought by
Tr Custom Lots Llc
Seller's Agent
Reginald Owens
Coldwell Banker Realty
Buyer's Agent
Reginald Owens
Coldwell Banker Realty
List Price
$348,000
Sold Price
$192,000
Premium/Discount to List
-$156,000
-44.83%
Current Estimated Value
$128,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,336
Avg. Annual Appreciation
-3.28%
Source: Public Records

Range of Values:

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Average Value
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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
Tr Custom Lots Llc $48,000 Stewart Title & Trust Sedona
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2013 11/15/13 Sold $192,000 -44.8% --
10/08/2013 10/08/13 Pending -- -- --
08/26/2013 08/26/13 For Sale $348,000 -- --
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 $371 -- -- --
2024 $359 -- -- --
2023 $359 $4,075 $4,075 $0
2022 $373 $2,977 $2,977 $0
2021 $458 $3,645 $3,645 $0
2020 $525 $0 $0 $0
2019 $516 $0 $0 $0
2018 $499 $0 $0 $0
2017 $552 $0 $0 $0
2016 $549 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Reginald Owens

    Coldwell Banker Realty

    (928) 821-5455

    35 Total Sales

    Reginald Owens
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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 501740

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-51-156

Arizona Yavapai County Lake Montezuma 86335

Lake Montezuma

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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