NOT LISTED FOR SALE

Rimrock, AZ 86335

Lake Montezuma Neighborhood

Estimated Value: $432,372

-- Bed
-- Bath
9,290 Sq Ft
$47/Sq Ft Est. Value

Last Sold April 06, 2012

Last sale price $200,000 $22 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,682/month

1,482 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heat Pump System

About This Home

As of April 2012

Extremely Motivated Seller. At the price of $250,000 the property will be sold AS IS. Originaly listed for $1,375,000. Less than 30 minutes from Sedona Arizona, this motel has been completely remodeled inside and out with new Beds, Furniture TV's etc.... Turn key operation for a motel with 21 available rooms plus two room suite for owner operator Consider other uses as well, like a boarding school or individual offices. Please do not disturb care taker. Shown by Appointment Only.

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 03/14/2008

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV Listed on: 03/14/2008

Property Details

Property Type

  • Other

Year Built

  • Built in 1984

Lot Details

  • Property is zoned C1-3

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 9,290 Sq Ft Home
  • Carpet

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • Montezuma Man Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 40506603

Property Details

Property Type

Other

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C1-3
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2011
  • Subdivision Name: Montezuma Man
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet
  • Living Area: 9290.0

Exterior Features

  • Construction Type: Wood Frame, Stucco
  • Roof: Composition
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Green Building Features: Physcl Chlgd (SRmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Parcel #: 40506603

Tax Info

  • Tax Annual Amount: 14927.0
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2008
Closed on
Mar 26, 2012
Sold by
Nassar George H and Nassar Joan S
Bought by
Joanns Cottages Llc
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$1,375,000
Sold Price
$200,000
Premium/Discount to List
-$1,175,000
-85.45%
Current Estimated Value
$432,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,372

Purchase Details

Closed on
Jun 3, 2008
Sold by
Aznorth Townhouses Number 2 Llc
Bought by
Nassar George H and Nassar Joan S

Purchase Details

Closed on
Aug 30, 2006
Sold by
Peak Education Assn
Bought by
Aznorth Townhouses #2 Llc and Aznorth Enterprises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,000
Interest Rate
6.53%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 14, 2003
Sold by
Chambers Bill and Chambers Kathy
Bought by
Peak Education Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,000
Interest Rate
5.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 28, 2003
Sold by
Hays Gloria O and Hays Larry P
Bought by
Chambers Bill and Chambers Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,000
Interest Rate
5.61%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Joanns Cottages Llc $150,000 Yavapai Title Agency
Nassar George H -- Transnation Title Ins Co
Aznorth Townhouses #2 Llc $629,000 Transnation Title Ins Co
Peak Education Assn -- Transnation Title Ins Co
Chambers Bill -- Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aznorth Townhouses #2 Llc $429,000
Previous Owner Peak Education Assn $363,000
Closed Aznorth Townhouses #2 Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2012 04/06/12 Sold $200,000 -85.5% $22 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
03/14/2008 03/14/08 For Sale $1,375,000 -- $148 / 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 $5,028 -- -- --
2024 $5,017 -- -- --
2023 $5,017 $133,617 $4,639 $128,978
2022 $5,361 $94,396 $2,933 $91,463
2021 $5,271 $79,702 $2,667 $77,035
2020 $5,141 $0 $0 $0
2019 $5,055 $0 $0 $0
2018 $4,888 $0 $0 $0
2017 $5,404 $0 $0 $0
2016 $5,226 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2012

    Historical Agent - SVV

    Historical Listings - SVV

See All Agents

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 118152

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-06-603

Arizona Yavapai County Rimrock 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

Nearby Homes