NOT LISTED FOR SALE

Estimated Value: $1,204,000 - $1,628,828

0.92 Acre
$1,537,997 Price per Acre
40,075 Sq Ft Lot

Last Sold May 10, 2019

Last sale price $115,000

Est. 1,130% increase in value since last sale

Current estimated payment $7,886/month

178 Days on Market

Highlights

  • Views of Red Rock
  • 0.92 Acre Lot
  • Gentle Sloping Lot
  • Gated Community

About This Lot

As of May 2019

Ideal location, superb price, for a 0.92-acre lot with all utilities, including sewer and gas available. Within the boundaries of the prestigious La Barranca, but in a more pristine location with only 3 other lots. Quiet neighborhood, privacy, amazing views, and the lot's Eastern property line lies adjacent to the subdivision's large preserved open space. Owned by the respected custom home builder Neil Klein, Lot was originally selected for a custom home. One of the four lots has recently been sold (Lot #3). Minimum house size of 2,000 square feet (see architectural guidelines page 17 section 5.5). Level building envelope. A tiny portion of the far lower lot lies in the AE Flood Zone, in an area far removed from the Building Envelope. Sewer Fee paid, Internal driveway maintained by HOA.

Last Agent to Sell the Property

Reginald Owens

Coldwell Banker Realty License #BR005922000 Listed on: 11/12/2018

Coldwell Banker Realty

Last Buyer's Agent

Reginald Owens

Coldwell Banker Realty License #BR005922000 Listed on: 11/12/2018

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,466

Lot Details

  • 0.92 Acre Lot
  • Gentle Sloping Lot
  • Property is zoned PAD

Property Views

  • Red Rock
  • Panoramic
  • Mountain

Utilities

  • Private Water Source

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 40555001

Community Details

Overview

  • Property has a Home Owners Association
  • La Barranca Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,466

Lot Details

0

Listing Details

  • Legal Info Range: 06E
  • Property Type: Land
  • Topography: Gentle Sloping
  • Zoning: PAD
  • Tax Year: 2018
  • Lot Size Acres: 0.92
  • Subdivision Name: La Barranca
  • 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: Gated Community
  • 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: Varies
  • Lot Size Sq Ft: 40075.2
  • Parcel #: 40555001

Tax Info

  • Tax Annual Amount: 1466.0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2018
Closed on
May 6, 2019
Sold by
Klein Neal L and Klein Kathy R
Bought by
Adair Terry L and Adair Sandra B
Seller's Agent
Reginald Owens
Coldwell Banker Realty
Buyer's Agent
Reginald Owens
Coldwell Banker Realty
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$1,414,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,299,957
Avg. Annual Appreciation
47.48%

Purchase Details

Closed on
Dec 6, 2017
Sold by
Neal L Klein Development Inc
Bought by
Klein Neal L and Klein Kathy R

Purchase Details

Closed on
Aug 30, 2004
Sold by
Jacks Canyon Llc
Bought by
Neal Klein Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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
Adair Terry L $115,000 Stewart Title & Trust Sedona
Klein Neal L -- None Available
Neal Klein Development Inc $187,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neal Klein Development Inc $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $115,000 0.0% --
05/09/2019 05/09/19 Pending -- -- --
11/12/2018 11/12/18 For Sale $115,000 -- --
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 $5,580 $122,419 -- --
2024 $5,549 $125,547 -- --
2023 $5,549 $98,504 $14,382 $84,122
2022 $6,225 $17,949 $17,949 $0
2021 $1,513 $15,808 $15,808 $0
2020 $1,552 $0 $0 $0
2019 $1,536 $0 $0 $0
2018 $1,466 $0 $0 $0
2017 $1,427 $0 $0 $0
2016 $1,408 $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: 518181

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-55-001