NOT LISTED FOR SALE

Estimated Value: $1,560,000 - $2,101,000

1 Acre
$1,845,780 Price per Acre
43,560 Sq Ft Lot

Last Sold November 17, 2017

Last sale price $215,000

Est. 759% increase in value since last sale

Current estimated payment $9,896/month

162 Days on Market

About This Lot

As of November 2017

PRICE REDUCED!! A very beautiful easy build elevated lot in one of Sedona's best subdivisions. Owner has RECENTLY COMPLETED A TOPO so this lot is ready for building!

Cathedral Rock Ranch is located close to the iconic mountain called ''Cathedral Rock'' - a rock formation so photographed that around the world people recognize its beauty and its fame.

The lot has lovely mature vegetation, an elevated building site and views of many amazing rock formations and of course Cathedral Rock itself. --

A motivated seller -- a brand new complete TOPO-and the best lot and price in this amazing subdivision
This is a BUYER'S DREAM COME TRUE -----

Last Agent to Sell the Property

Christine Adams

Russ Lyon Sotheby's International Realty License #SA110177000 Listed on: 05/22/2017

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Barbara Baker

Barbara Baker Realty LLC License #BR543533000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,280

Lot Details

  • 1 Acre Lot
  • Property is zoned R1L35

Property Views

  • Red Rock
  • Panoramic
  • Mountain

Listing and Financial Details

  • Assessor Parcel Number 40830066

Community Details

Overview

  • Property has a Home Owners Association
  • Cathedral Rock Ranch Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,280

Lot Details

0

Listing Details

  • Property Type: Land
  • Topography: Gentle Sloping, Level
  • Zoning: R1L35
  • Tax Year: 2014
  • Lot Size Acres: 1.0
  • Subdivision Name: Cathedral Rock Ranch
  • View:Mountain View(s): Yes
  • View Red RocksBoulders: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

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

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 40830066

Tax Info

  • Tax Annual Amount: 2280.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2017
Closed on
Oct 20, 2017
Sold by
Gulino David C and Reagan Michele L
Bought by
Richter James Robert and Richter Toni Renee
Seller's Agent
Christine Adams
Russ Lyon Sotheby's International Realty
Buyer's Agent
Barbara Baker
Barbara Baker Realty LLC
List Price
$249,900
Sold Price
$215,000
Premium/Discount to List
-$34,900
-13.97%
Current Estimated Value
$1,845,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,630,780
Avg. Annual Appreciation
30.40%

Purchase Details

Closed on
Dec 19, 2006
Sold by
Gulino David G
Bought by
Gulino David G and Reagan Michele L

Purchase Details

Closed on
Jan 24, 2005
Sold by
Gulino David G
Bought by
Gulino David G and David G Gulino Trust

Purchase Details

Closed on
Mar 19, 2002
Sold by
Cathedral Rock Ranch Llc
Bought by
Gulino David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Richter James Robert $215,000 Empire West Title Agency Llc
Gulino David G -- None Available
Gulino David G -- None Available
Gulino David G $225,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gulino David G $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2017 11/17/17 Sold $215,000 -14.0% --
10/31/2017 10/31/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $249,900 -- --
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
2026 $2,358 $160,107 -- --
2024 $2,291 -- -- --
2023 $2,291 $28,366 $28,366 $0
2022 $2,250 $26,063 $26,063 $0
2021 $2,283 $23,843 $23,843 $0
2020 $2,635 $0 $0 $0
2019 $2,609 $0 $0 $0
2018 $2,490 $0 $0 $0
2017 $2,424 $0 $0 $0
2016 $2,392 $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: 507161

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-30-066