NOT LISTED FOR SALE

Estimated Value: $419,000

0.25 Acre
$1,676,000 Price per Acre
10,890 Sq Ft Lot

Last Sold October 08, 2019

Last sale price $145,125

Est. 189% increase in value since last sale

Current estimated payment $2,617/month

Highlights

  • Views of Red Rock
  • Partially Fenced Property
  • Level Lot
  • Cul-De-Sac

About This Lot

As of October 2019

This is an Outstanding Opportunity to build your own Office/Condo/Multifamily Plaza in the heart of West Sedona. Preliminary plans for a 3 two-story unit multifamily complex which meets new City standards will be available with this purchase. With parking for 9 cars. Imagine the AirBnb Income from 3 rentable units in the heart of West Sedona! . Zoned M2 which is Mixed Use Office. Also would accomadate a 6 room bed and breakfast under the current zoning. Owner Financing, 20% down at 7% Interest. What an Amazing Deal! Very few multi-family lots left in Sedona!

Last Agent to Sell the Property

Lori Stewart

Russ Lyon Sotheby's International Realty License #SA526624000 Listed on: 08/01/2019

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Lori Stewart

Russ Lyon Sotheby's International Realty License #SA526624000 Listed on: 08/01/2019

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $238

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Block Wall Fence
  • Chain Link Fence
  • Level Lot
  • Property is zoned M2

Property Views

  • Red Rock
  • City

Community Details

  • Under 5 Acres Subdivision

Listing and Financial Details

  • Tax Lot M & B
  • Assessor Parcel Number 40825011d

Property Details

Property Type

Land

Est. Annual Taxes

$238

Lot Details

0

Listing Details

  • Legal Info Range: 05E
  • Property Type: Land
  • Topography: Level
  • Zoning: M2
  • Tax Year: 2018
  • Lot Size Acres: 0.25
  • Subdivision Name: Under 5 Acres
  • View Red RocksBoulders: Yes
  • Water Source City Franchise2: Yes
  • View City2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Block, Chain Link, Partial
  • Lot Features: Cul-De-Sac
  • View: Red Rocks/Boulders, City
  • Other Structures: None

Utilities

  • Water Source: City Franchise

Lot Info

  • Lot Size: There are 2 parcels with this property
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 40825011d

Tax Info

  • Tax Annual Amount: 238.0
  • Tax Lot: M & B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2019
Sold by
Gilgoff Joel and Gilgoff Profit Sharing Plan
Bought by
Dinsmore Darin
Current Estimated Value
$419,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 19, 2009
Sold by
Langstrand Peter
Bought by
Real Estate Excellence Inc Defined Benef
Source: Public Records

Range of Values:

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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
Dinsmore Darin $145,125 Empire West Title Agency Llc
Real Estate Excellence Inc Defined Benef -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dinsmore Darin $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2019 10/08/19 Sold $145,125 -19.3% --
08/01/2019 08/01/19 For Sale $179,900 -- --
03/09/2019 03/09/19 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
2022 $717 $10,384 $10,384 $0
2021 $717 $11,043 $11,043 $0
2020 $717 $0 $0 $0
2019 $710 $0 $0 $0
2018 $677 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $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: 518471

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-25-011D