NOT LISTED FOR SALE

Estimated Value: $412,448 - $535,000

2.92 Acres
$163,978 Price per Acre
127,195 Sq Ft Lot

Last Sold March 28, 2019

Last sale price $225,000

Est. 113% increase in value since last sale

Current estimated payment $2,760/month

88 Days on Market

Highlights

  • Views of Red Rock
  • Partially Fenced Property
  • Level Lot
  • Gated Community

About This Lot

As of March 2019

Aerie Lot 38 - Central 2.9 acre lot with expansive views of Doe Mountain and Cockscomb. Easy build flat topography. Open feel. Welcome to the Aerie, the last significant collection of land in Sedona now has become the most desirable community in which to create a residence in harmony with the natural splendor of this unique landscape. The Aerie - an elevated place of serenity - is located in the Red Rock Secret Mountain Wilderness of Sedona, Arizona. Completely surrounded by national forest, this extraordinary setting encompasses approximately 100 acres and 41 custom homesites ranging from 2 to 4 acres. The Aerie was planned and designed with a goal to promote excellence in architecture.

Last Agent to Sell the Property

Elisa Andreis

Russ Lyon Sotheby's International Realty License #SA583548000 Listed on: 12/27/2018

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Elisa Andreis

Russ Lyon Sotheby's International Realty License #SA583548000 Listed on: 12/27/2018

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,059

Lot Details

  • 2.92 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned R1L-2A

Property Views

  • Red Rock
  • Panoramic
  • Mountain
  • Desert

Utilities

  • Private Water Source

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 40823055

Community Details

Overview

  • Property has a Home Owners Association
  • Aerie Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,059

Lot Details

0

Listing Details

  • Property Type: Land
  • Topography: Level
  • Zoning: R1L-2A
  • Tax Year: 2017
  • Lot Size Acres: 2.92
  • Subdivision Name: Aerie
  • View:Mountain View(s): Yes
  • View:Desert: Yes
  • View Red RocksBoulders: Yes
  • Water Source Private Franchise2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: Partial
  • Lot Features: Gated Community
  • View: Mountain(s), Red Rocks/Boulders, Panoramic, Desert
  • Other Structures: None
  • View:Panoramic: Yes

Utilities

  • Water Source: Private

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 127195.2
  • Parcel #: 40823055

Tax Info

  • Tax Annual Amount: 4059.0
  • Tax Lot: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2020
Sold by
Light Amy Treese
Bought by
Light Amy T and Amy T Light Revocable Trust
Current Estimated Value
$478,816

Purchase Details

Listed on
Dec 27, 2018
Closed on
Mar 13, 2019
Sold by
First American Title Insurance Company
Bought by
Light Amy Treese
Seller's Agent
Elisa Andreis
Russ Lyon Sotheby's International Realty
Buyer's Agent
Elisa Andreis
Russ Lyon Sotheby's International Realty
List Price
$497,250
Sold Price
$225,000
Premium/Discount to List
-$272,250
-54.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.16%
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
Light Amy T -- None Available
Light Amy Treese $225,000 Pioneer Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2019 03/28/19 Sold $225,000 -54.8% --
03/25/2019 03/25/19 Pending -- -- --
12/27/2018 12/27/18 For Sale $497,250 -- --
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 $3,037 -- -- --
2024 $2,957 -- -- --
2023 $2,957 $39,551 $39,551 $0
2022 $2,903 $32,534 $32,534 $0
2021 $3,320 $34,870 $34,870 $0
2020 $4,074 $0 $0 $0
2019 $4,035 $0 $0 $0
2018 $4,172 $0 $0 $0
2017 $4,059 $0 $0 $0
2016 $4,005 $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: 500136

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-23-055