NOT LISTED FOR SALE

Estimated Value: $524,000 - $562,000

2.43 Acres
$221,621 Price per Acre
105,851 Sq Ft Lot

Last Sold May 27, 2020

Last sale price $300,000

Est. 72% increase in value since last sale

Current estimated payment $2,970/month

316 Days on Market

Highlights

  • Views of Red Rock
  • Gated Community
  • Cul-De-Sac

About This Lot

As of May 2020

Drenched in rich heritage, the land encompassing Cross Creek Ranch today was settled back in the late 1800's. Over the years and thanks to the rich soil, flowing Oak Creek and creative irrigation ditches, the land proved to serve as a precious agricultural and ranching resource. Today Cross Creek Ranch offers a secluded, spectacular gated community of 85 estate sized luxury lots which border Red Rock State Park, Coconino National Forest Land and Oak Creek. Lot 49 is one of the last premium parcels that offers oversized, lush, level, pasture-like topography. With its North/South orientation, the rear of the property descends down thru the creek and up to the border of Red Rock State Park. Neighboring homes consistently possess one of the highest median prices in all of Sedona. Nearby walking trails meander thru Red Rock State Park and National Forest Land. Along with the close 11 minute ride to town, dynamic riparian habitat and the priceless irrigated ditch rights, this remarkable property stands on its own.

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 07/11/2019

Last Buyer's Agent

Naomi McKeever

Arizona Adobe Group Realty License #BR046878000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,063

Lot Details

  • 2.43 Acre Lot
  • Cul-De-Sac
  • Property is zoned RCU-2A

Property Views

  • Red Rock
  • Mountain

Utilities

  • Private Water Source

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 40819087

Community Details

Overview

  • Property has a Home Owners Association
  • Cross Creek Ranch Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$5,063

Lot Details

0

Listing Details

  • Legal Info Range: 05E
  • Property Type: Land
  • Topography: Gentle Sloping, Level
  • Zoning: RCU-2A
  • Tax Year: 2017
  • Lot Size Acres: 2.43
  • Subdivision Name: Cross Creek Ranch
  • View:Mountain View(s): Yes
  • View Red RocksBoulders: Yes
  • Water Source Private Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, Gated Community
  • View: Mountain(s), Red Rocks/Boulders
  • Other Structures: None

Utilities

  • Water Source: Private

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 105850.8
  • Parcel #: 40819087

Tax Info

  • Tax Annual Amount: 5063.0
  • Tax Lot: 49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
May 18, 2020
Sold by
Alkeshi Jennifer Lynn Martin
Bought by
Alkishi Jamal Alli Hussain
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Naomi McKeever
Arizona Adobe Group Realty
List Price
$499,000
Sold Price
$300,000
Premium/Discount to List
-$199,000
-39.88%
Current Estimated Value
$514,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,868
Avg. Annual Appreciation
11.42%

Purchase Details

Listed on
Jul 11, 2019
Closed on
May 11, 2020
Sold by
Yousko Steven J and Yousko Susan K
Bought by
Alkishi Jamal Ali Hussain
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Naomi McKeever
Arizona Adobe Group Realty
List Price
$499,000
Sold Price
$300,000
Premium/Discount to List
-$199,000
-39.88%

Purchase Details

Closed on
Nov 19, 2007
Sold by
Cravath Whole Life Communities L L C
Bought by
Yousko Steven J and Yousko Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2005
Sold by
Nshe London Llc
Bought by
Cravath Whole Life Communities Llc

Purchase Details

Closed on
Dec 31, 2004
Sold by
Williams Julia
Bought by
Nshe London Llc

Purchase Details

Closed on
Sep 28, 2003
Sold by
Cachet Western Ii Llc
Bought by
Williams Md Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,800
Interest Rate
6.27%
Mortgage Type
New Conventional
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
Alkishi Jamal Alli Hussain -- Empire West Title Agency Llc
Alkishi Jamal Ali Hussain $300,000 Empire West Title Agency Llc
Yousko Steven J $650,000 Chicago Title Ins Co
Cravath Whole Life Communities Llc -- Chicago Title Ins Co
Nshe London Llc $675,000 Chicago Title Ins Co
Williams Md Julia $426,000 Yavapai Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yousko Steven J $585,000
Previous Owner Williams Md Julia $340,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2020 05/27/20 Sold $300,000 -39.9% --
05/22/2020 05/22/20 Pending -- -- --
07/11/2019 07/11/19 For Sale $499,000 -- --
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 $2,982 -- -- --
2024 $2,903 -- -- --
2023 $2,903 $45,798 $45,798 $0
2022 $2,850 $35,660 $35,660 $0
2021 $156,290 $30,426 $30,426 $0
2020 $3,608 $0 $0 $0
2019 $3,573 $0 $0 $0
2018 $5,203 $0 $0 $0
2017 $5,063 $0 $0 $0
2016 $4,996 $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: 517317

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-19-087