NOT LISTED FOR SALE

Estimated Value: $598,154 - $792,000

4 Beds
3 Baths
2,142 Sq Ft
$309/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $525,000 $245 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,556/month

24 Days on Market

Highlights

  • Views of Red Rock
  • Horses Allowed On Property
  • 1.16 Acre Lot
  • Cottonwood Elementary School Rated 10
  • RV Access or Parking
  • Vaulted Ceiling

About This Home

As of April 2021

Rare find in desirable Palisades neighborhood. Over acre parcel, horse property, views of Sedona from back deck & Mingus from front porch, at end of quiet street, right in the middle of town! No HOA, no land lease, rural living with all Cottonwood amenities nearby. Separate apt/in law set up downstairs with separate access & attached single car garage. Income potential or multi use. Property is fenced & has a corral and 600 SF barn ready for your horse. Recently painted inside & outside. New roof installed, new carpet, new garage door opener, new water heater. Well pump replaced 2018. Kitchen remodel has new appliances, granite counter tops, sink & tile floor. All bathrooms have new vanities & flooring. Master bath has separate soaker tub/shower. Master bedroom walk in closet. Much more!

Last Agent to Sell the Property

Deborah DJ Smith

Better Homes and Gardens Real License #SA649566000 Listed on: 03/25/2021

Better Homes and Gardens Real

Last Buyer's Agent

Leisa Farr

Modern Home Real Estate License #BR111269000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $885

Year Built

  • Built in 1997

Lot Details

  • 1.16

Parking

  • 3 Car Garage
  • Garage Door Opener
  • RV Access or Parking

Property Views

  • Red Rock
  • Desert

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,142 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Partial Basement
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms
  • Bathtub With Separate Shower Stall

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Propane
  • Well
  • Septic Tank
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • 1.16 Acre Lot

Community Details

  • Verde Palisades North Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 40605041

Home Details

Home Type

Single Family

Est. Annual Taxes

$885

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Basement: Y
  • Year Built: 1997
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.16
  • Subdivision Name: Verde Palisades North
  • Architectural Style: Ranch
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Utilities Butane Propane: Yes
  • View:Desert: Yes
  • View Red RocksBoulders: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Partial
  • Flooring: Carpet, Vinyl, Tile
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Other, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Separate Shwr & Tub
  • Living Area: 2142.0
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Separate Workshop: Yes
  • Basement Description:Partial: Yes

Exterior Features

  • Construction Type: Wood Frame
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Parking Features: RV Access/Parking, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Utilities: Propane
  • Cooling: Ceiling Fan(s)
  • Heating: Propane
  • Laundry Features: Engy Star (See Rmks), Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Onsite Well
  • Sewer Septic Tank: Yes
  • Heating:Propane: Yes

Lot Info

  • Horse Amenities: Corral(s)
  • Land Lease: No
  • Lot Size Sq Ft: 50530.0
  • Parcel #: 40605041

Tax Info

  • Tax Annual Amount: 885.0
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Apr 5, 2021
Sold by
Ladd Dennis R
Bought by
Hammer Michael E and Hammer Melissa A
Seller's Agent
Deborah DJ Smith
Better Homes and Gardens Real
Buyer's Agent
Leisa Farr
Modern Home Real Estate
List Price
$489,000
Sold Price
$525,000
Premium/Discount to List
$36,000
7.36%
Current Estimated Value
$650,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,691
Avg. Annual Appreciation
5.01%
Original Mortgage
$367,500
Outstanding Balance
$304,147
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$357,392

Purchase Details

Closed on
Aug 11, 2008
Sold by
Logan Jeffrey T and Logan Rebecca J
Bought by
Ladd Barbara L and Ladd Dennis R

Purchase Details

Closed on
May 7, 1996
Sold by
Profi Runke Lawrence C
Bought by
Logan Jeffrey T and Logan Rebecca J

Purchase Details

Closed on
Jan 3, 1996
Sold by
Holmgren Arthur B and Holmgren Mary C
Bought by
Lawrence C Runke Md Profit Sharing Trust
Source: Public Records
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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
Hammer Michael E $525,000 Yavapai Title
Ladd Barbara L $372,000 Transnation Title Ins Co
Logan Jeffrey T $22,500 Yavapai Coconino Title Agenc
Lawrence C Runke Md Profit Sharing Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammer Michael E $367,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2021 04/19/21 Sold $525,000 +7.4% $245 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $489,000 -- $228 / 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 $1,841 $48,063 -- --
2024 $1,807 $48,245 -- --
2023 $1,807 $39,314 $8,327 $30,987
2022 $1,798 $32,740 $6,964 $25,776
2021 $1,898 $29,804 $6,124 $23,680
2020 $885 $0 $0 $0
2019 $860 $0 $0 $0
2018 $6,101 $0 $0 $0
2017 $749 $0 $0 $0
2016 $713 $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: 525915

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-05-041