$2,400,000
SOLD FEB 26, 2025
3 Beds
2.5 Baths
2,427 Sq Ft
3.05 Acres

Recently Sold

$989 Per Sq Ft

14% Below List Price

113 Days on Market

Highlights

  • Views of Red Rock
  • Contemporary Architecture
  • Wood Flooring
  • Waterfront
  • Vaulted Ceiling
  • Covered Patio or Porch

About This Home

As of February 2025

The single best property in Sedona, located at 387 Loy Lane. This 3-bed, 3-bath estate with an office/den boasts incredible upgrades: a gourmet kitchen, a serene master suite with custom window coverings, and an expansive outdoor living area featuring a flagstone patio, gas firepit, and elegant pathway lighting. This property is nestled on over 3 acres with private Oak Creek access and featuring a personal swimming/fishing hole on the calmest and deepest part of Oak Creek. This, combined with panoramic views of Cathedral Rock and the surrounding Red Rock landscape makes the property truly something to behold. Enjoy the perfect combination of luxury and serenity. Embrace Sedona's beauty in this one-of-a-kind residence and embark on your future in the perfect Sedona setting.

Last Agent to Sell the Property

Jack Johnson

Posterity 44 LLC License #BR682052000 Listed on: 10/23/2024

Last Buyer's Agent

Kris Anderson

eXp Realty License #SA527922000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,409

Year Built

  • Built in 2018

Lot Details

  • 3.05 Acre Lot
  • Waterfront

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Property Views

  • River
  • Red Rock

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,427 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Utilities

  • Heating System Uses Propane
  • Propane
  • Shared Well
  • Tankless Water Heater
  • Septic Tank

Additional Features

  • Stepless Entry
  • Covered Patio or Porch

Community Details

  • Sedona Ranch On Oak Creek Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 40831315

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,409

Year Built

Built in 2018

Lot Details

0

HOA Fees

$220 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Year Built: 2018
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 3.05
  • Subdivision Name: Sedona Ranch on Oak Creek
  • Architectural Style: Contemporary, Ranch
  • Association Fees:HOA Fee2: 220.0
  • Utilities Butane Propane: Yes
  • View Red RocksBoulders: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • ViewRiver: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Accessibility Features: Zero-Grade Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry
  • Living Area: 2427.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Lot Features: Waterfront Lot
  • Waterfront: Yes
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Utilities: Propane
  • Heating: Propane
  • Laundry Features: Engy Star (See Rmks), Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Heating Yn: Yes
  • Water Source: City Water, Shared Well
  • Sewer Septic Tank: Yes
  • Heating:Propane: Yes

Condo/Co-op/Association

  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fees:HOA Paid Frequency: Monthly

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 132858.0
  • Parcel #: 40831315

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Tax Info

  • Tax Annual Amount: 6409.0
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Feb 12, 2025
Sold by
Marshall-Mcconnell Family Trust and Mcconnell Robert W
Bought by
Dream Board Trust and Rabbat
Seller's Agent
Jack Johnson
Posterity 44 LLC
Buyer's Agent
Kris Anderson
eXp Realty
List Price
$2,800,000
Sold Price
$2,400,000
Premium/Discount to List
-$400,000
-14.29%
Views
1
Current Estimated Value
$2,379,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,598
Avg. Annual Appreciation
-1.02%

Purchase Details

Listed on
Jul 12, 2024
Closed on
Oct 8, 2024
Sold by
Wayne K And Patricia K Holum Living Trus and Holum Wayne K
Bought by
Marshall-Mcconnell Family Trust and Mcconnell
Seller's Agent
Jack Johnson
Posterity 44 LLC
Buyer's Agent
Jack Johnson
Posterity 44 LLC
List Price
$2,800,000
Sold Price
$2,680,000
Premium/Discount to List
-$120,000
-4.29%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.40%

Purchase Details

Closed on
Mar 18, 2021
Sold by
Holum Wayne K and Holum Patricia K
Bought by
Holum Wayne K and Holum Patricia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,800
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2019
Closed on
Apr 8, 2020
Sold by
Considerations La Merra Holdings Llc
Bought by
Holum Wayne K and Holum Patricia Kk
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Donna Lynn Meek
Barbara Baker Realty LLC
List Price
$1,045,000
Sold Price
$1,100,000
Premium/Discount to List
$55,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.58%
Original Mortgage
$880,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $2,400,000 Yavapai Title Agency
Warranty Deed $2,680,000 Pioneer Title
Interfamily Deed Transfer -- Pioneer Title Agency Inc
Warranty Deed $1,100,000 Empire West Title Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $527,800 New Conventional
Previous Owner $880,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2025 02/26/25 Sold $2,400,000 -14.3% $989 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
10/23/2024 10/23/24 For Sale $2,800,000 +4.5% $1,154 / Sq Ft
10/16/2024 10/16/24 Sold $2,680,000 -4.3% $1,104 / Sq Ft View Prior Sale
10/04/2024 10/04/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $2,800,000 +154.5% $1,154 / Sq Ft
05/01/2020 05/01/20 Sold $1,100,000 +5.3% $453 / Sq Ft View Prior Sale
03/05/2020 03/05/20 Pending -- -- --
03/01/2019 03/01/19 For Sale $1,045,000 -- $431 / Sq Ft
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 $6,599 $223,243 -- --
2024 $6,490 $250,515 -- --
2023 $6,490 $134,793 $37,884 $96,909
2022 $6,281 $90,177 $20,015 $70,162
2021 $6,393 $88,599 $29,434 $59,165
2020 $1,627 $0 $0 $0
2019 $1,692 $0 $0 $0
2018 $1,709 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 537522

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-31-315