NOT LISTED FOR SALE

Estimated Value: $1,506,000 - $2,449,000

3 Beds
3 Baths
2,301 Sq Ft
$833/Sq Ft Est. Value

Last Sold June 06, 2013

Last sale price $1,075,000 $467 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $10,828/month

45 Days on Market

Highlights

  • Views of Red Rock
  • Waterfront
  • Wood Flooring
  • Horses Allowed On Property
  • Contemporary Architecture
  • Covered Patio or Porch

About This Home

As of June 2013

Unique & exquisite signature Design Group Home in private neighborhood with sweeping 360 degree panoramic views. Rare in every way. Scenic and secluded private like an eagle’s nest this home sits on 1.61 acres in prestigious Cup of Gold Estates close to Creek. Built by Design Group in 1992 for an artist, it was completely and lovingly remodeled in 2008 – also by Design Group. “Every detail has been attended to, working together like a symphony, making the whole so much more than the sum of its parts.” The home is richly, texturally and brilliantly executed with countless exotic finishes. Indoor and outdoor blend seamlessly. All colors used inside are also found outside. Some of the outstanding features are floor to ceiling windows opening to dramatic red rock views, 4 decks, African rosewood & zebra wood cabinets, Tanzanian onyx counter tops, state of the art bronze appliances, shoji screens, Japanese soaking tub, Tanzanian onyx counter tops, highest quality venetian plaster, bamboo & earth colored soycrete floors, cut stone walls and metal work (for a complete list see attached documents.) A covered breezeway deck adds to the homea€TMs square footage considerably by providing a lovely outdoor living and dining room, usable almost year around. This light-filled retreat is the perfect place to relax and rejuvenate with a sundance spa, outdoor sauna house, stone labyrinth, and the sound of running water from the nearby Creek and the beautiful cascading water feature. An easy 5-minute walk over HOA shared land to a rushing portion of Oak Creek makes this home an oasis in the high desert. Open HOA will allow for various workable site options for adding a guesthouse with views on this property.

Last Agent to Sell the Property

Gila Hager-Sherman

Russ Lyon Sotheby's International Realty License #BR540316000 Listed on: 04/17/2013

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Bruce Tobias

RE/MAX Sedona License #SA046864000

RE/MAX Sedona

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,778

Year Built

  • Built in 1992

Lot Details

  • 1.61 Acre Lot
  • Waterfront

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Views of Red Rock
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Wood
  • Stone
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Evaporated cooling system
  • Heating System Uses Propane
  • Propane
  • Septic Tank
  • Cable TV Available

Community Details

  • Cup Gold East Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 40819016b

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,778

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Basement: N
  • Year Built: 1992
  • Tax Year: 2012
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.61
  • Subdivision Name: Cup Gold East
  • Architectural Style: Contemporary
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Utilities Butane Propane: Yes
  • View Red RocksBoulders: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone, Wood, Concrete
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Central Vacuum, Full Bth Master Bdrm, Separate Shwr & Tub
  • Stories: 2
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Other Rooms:ExerciseSauna Room: 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: Rolled/Hot Mop
  • 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: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Utilities: Propane
  • Cooling: Ceiling Fan(s), Evaporative Cooling
  • Heating: Propane
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Sewer Septic Tank: Yes
  • Heating:Propane: Yes

Lot Info

  • Horse Amenities: Corral(s)
  • Lot Size Sq Ft: 70132.0
  • Parcel #: 40819016b

Tax Info

  • Tax Annual Amount: 3778.0
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2013
Closed on
May 7, 2013
Sold by
Iskowitz Michael E
Bought by
Lavi Gavriel and Lavi Susan E
Seller's Agent
Gila Hager-Sherman
Russ Lyon Sotheby's International Realty
Buyer's Agent
Bruce Tobias
RE/MAX Sedona
List Price
$1,250,000
Sold Price
$1,075,000
Premium/Discount to List
-$175,000
-14%
Current Estimated Value
$1,963,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$888,121
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
Apr 2, 2007
Sold by
Magaziner Susan Anne and The 2003 Sam Family Trust
Bought by
Moore Elizabeth B B and Moore Richard B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2007
Sold by
Moore Elizabeth B B and Moore Richard B
Bought by
Iskowitz Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lavi Gavriel $1,075,000 Pioneer Title Agency Sedona
Moore Elizabeth B B -- Pioneer Title Agency Inc
Iskowitz Michael E $885,000 Pioneer Title Agency Inc
Magaziner Susan Anne -- Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iskowitz Michael E $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2013 06/06/13 Sold $1,075,000 -14.0% $467 / Sq Ft
06/01/2013 06/01/13 Pending -- -- --
04/17/2013 04/17/13 For Sale $1,250,000 -- $543 / 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 $6,383 $133,910 -- --
2024 $6,214 $158,150 -- --
2023 $6,214 $109,565 $0 $0
2022 $6,101 $82,695 $19,783 $62,912
2021 $6,200 $70,653 $17,253 $53,400
2020 $6,200 $0 $0 $0
2019 $6,141 $0 $0 $0
2018 $0 $0 $0 $0
2017 $5,057 $0 $0 $0
2016 $4,990 $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: 500535

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-19-016C