NOT LISTED FOR SALE

Estimated Value: $1,756,000 - $2,382,000

0.38 Acre
$5,214,513 Price per Acre
16,553 Sq Ft Lot

Last Sold March 23, 2012

Last sale price $163,500

Est. 1,096% increase in value since last sale

Current estimated payment $10,728/month

69 Days on Market

Highlights

  • Views of Red Rock
  • Cul-De-Sac
  • Partially Fenced Property
  • Manuel Demiguel Elementary School Rated A-

About This Lot

As of March 2012

Outstanding, unblockable Red Rock Views! Perfect Location! This is the reason people move to Sedona. Build your dream home on this lot with all of the famous Sedona red rocks. Cul-de-sac location. Sewer available.

Last Agent to Sell the Property

Rob Schabatka

RE/MAX Sedona License #BR030865000 Listed on: 01/13/2012

RE/MAX Sedona

Co-Listed By

Pamela Schabatka

RE/MAX Sedona License #SA542302000

Last Buyer's Agent

Rob Schabatka

RE/MAX Sedona License #BR030865000 Listed on: 01/13/2012

RE/MAX Sedona

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,064

Lot Details

  • 0.38 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property

Property Views

  • Red Rock
  • Panoramic
  • Mountain

Utilities

  • Private Water Source

Community Details

  • Property has a Home Owners Association
  • Rolling Hills Subdivision

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 40146056

Property Details

Property Type

Land

Est. Annual Taxes

$1,064

Lot Details

0

Listing Details

  • Property Type: Land
  • Topography: Steep Sloping, Hillside
  • Zoning: Res
  • Tax Year: 2012
  • Lot Size Acres: 0.38
  • Co List Office Mls Id: rmxs01
  • Co List Office Phone: 928-282-4166
  • Subdivision Name: Rolling Hills
  • View:Mountain View(s): Yes
  • View Red RocksBoulders: Yes
  • Water Source Private Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Utilities

  • Water Source: Private

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 16552.8
  • Parcel #: 40146056

Tax Info

  • Tax Annual Amount: 1064.4
  • Tax Lot: 54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2012
Closed on
Mar 22, 2012
Sold by
Park Chan S
Bought by
Park Chan S and Park Inkyung Kim
Seller's Agent
Rob Schabatka
RE/MAX Sedona
Buyer's Agent
Rob Schabatka
RE/MAX Sedona
List Price
$174,900
Sold Price
$163,500
Premium/Discount to List
-$11,400
-6.52%
Current Estimated Value
$1,955,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,792,015
Avg. Annual Appreciation
20.15%
Original Mortgage
$83,500
Outstanding Balance
$57,069
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$1,924,446

Purchase Details

Listed on
Jan 13, 2012
Closed on
Mar 3, 2012
Sold by
Gengl John and Gengl Elizabeth
Bought by
Park Chan S
Seller's Agent
Rob Schabatka
RE/MAX Sedona
Buyer's Agent
Rob Schabatka
RE/MAX Sedona
List Price
$174,900
Sold Price
$163,500
Premium/Discount to List
-$11,400
-6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Outstanding Balance
$57,069
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$1,924,446

Purchase Details

Closed on
Oct 7, 2003
Sold by
Pelino Thomas P
Bought by
Gengl John and Gengl Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
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
Park Chan S -- Stewart Title & Trust Of Pho
Park Chan S $163,500 Stewart Title & Trust Of Pho
Gengl John $195,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Chan S $83,500
Previous Owner Gengl John $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2012 03/23/12 Sold $163,500 -6.5% --
03/22/2012 03/22/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $174,900 -- --
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
2025 $5,680 $177,499 -- --
2024 $5,680 $155,804 -- --
2023 $5,164 $127,722 $0 $0
2022 $5,164 $88,879 $0 $0
2021 $4,986 $78,373 $0 $0
2020 $4,900 $78,074 $0 $0
2019 $4,744 $78,391 $0 $0
2018 $1,307 $20,051 $0 $0
2017 $1,298 $17,436 $0 $0
2016 $1,279 $17,436 $0 $0
2015 $1,284 $18,598 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 131995

Arizona Regional Multiple Listing Service (ARMLS)

APN: 401-46-056