$1,990,000
SOLD FEB 27, 2025
1.79 Acres
$1,111,732 Price per Acre
77,972 Sq Ft Lot

Recently Sold

147 Days on Market

Highlights

  • Views of Red Rock
  • 1.79 Acre Lot
  • Partially Fenced Property

About This Lot

As of February 2025

Relisted 9/4/24. Opportunity for MFH, retail, restaurant/drive-thru, office, storage, special purpose. Or land bank.

Introducing a rare investment opportunity in Sedona, Arizona. Nestled along the iconic State Route 89A, this prime +/- 1.79 AC property boasts unparalleled visibility and access in the heart of Sedona. Positioned across from prominent landmarks like McDonald's, Safeway, PetSmart, UPS etc. as well as adjacent to the Wyndham Resort (west) and Builder's 1st Source (east), this land parcel is offered at an attractive price of $1,999,000, translating to just $26 PSF.

Last Agent to Sell the Property

Jack McMahon

McMahon & Miller Commercial License #BR649715000 Listed on: 09/04/2024

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,318

Lot Details

  • 1.79 Acre Lot
  • Partially Fenced Property
  • Property is zoned CO

Property Views

  • Red Rock
  • Panoramic
  • Mountain

Community Details

  • Commercial Only Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40824023a

Property Details

Property Type

Land

Est. Annual Taxes

$15,318

Lot Details

0

Listing Details

  • Legal Info Range: 5E
  • Property Type: Land
  • Topography: Gentle Sloping, Level
  • Zoning: CO
  • Tax Year: 2023
  • Lot Size Acres: 1.79
  • Subdivision Name: Commercial Only
  • View:Mountain View(s): Yes
  • View Red RocksBoulders: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Partial
  • View: Mountain(s), Red Rocks/Boulders, Panoramic
  • Other Structures: None
  • View:Panoramic: Yes

Utilities

  • Water Source: City Franchise

Lot Info

  • Lot Size Sq Ft: 77972.4
  • Parcel #: 40824023a

Tax Info

  • Tax Annual Amount: 15318.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Feb 27, 2025
Sold by
Dahya Revocable Family Trust and Dahya Kiran
Bought by
City Of Sedona
Seller's Agent
Jack McMahon
McMahon & Miller Commercial
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$1,999,000
Sold Price
$1,990,000
Premium/Discount to List
-$9,000
-0.45%
Views
10
Current Estimated Value
$2,185,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,052
Avg. Annual Appreciation
10.95%

Purchase Details

Closed on
Sep 4, 2018
Sold by
Vagha Development Llc
Bought by
Dahya Kiran and Dahya Nila K

Purchase Details

Closed on
Sep 8, 2016
Sold by
Sedona Re Projecy Llc
Bought by
Vagha Development Llc
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $1,191,800 Pioneer Title Agency
Cash Sale Deed $1,010,000 North American Title Co Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2025 02/27/25 Sold $1,990,000 -0.5% --
01/29/2025 01/29/25 Pending -- -- --
09/04/2024 09/04/24 For Sale $1,999,000 -- --
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 $15,735 -- -- --
2024 $15,318 -- -- --
2023 $15,318 $215,438 $215,438 $0
2022 $15,040 $176,595 $176,595 $0
2021 $15,284 $160,541 $160,541 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 537010

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-24-023A