NOT LISTED FOR SALE

Estimated Value: $1,140,428

1.13 Acres
$1,009,228 Price per Acre
49,223 Sq Ft Lot

Last Sold December 30, 2022

Last sale price $1,500,000

Est. 24% decrease in value since last sale

Current estimated payment $6,369/month

15 Days on Market

Highlights

  • Views of Red Rock
  • 1.13 Acre Lot
  • Level Lot

About This Lot

As of December 2022

Some of the last undeveloped land in Sedona with ample business opportunity. Located next to the industrial beating heart of Sedona, just 5 minutes drive from most Sedona residents and resources. Recently approved for up to 4 Story high density housing, Bar, Tavern, Lounge, Tasting Room, Catering Establishment, Medical Marijuana Dispensary, Marijuana Off-Site Cultivation Location, Nursery or Garden Supply Store, Mobile food Vending, Microbrewery, Distillery or Winery, Restaurant, Restaurant with Drive-Through, Building Materials and Supply Store, General Retail, Less than 10,000 Sq. Ft., Equipment Sales and Rental Fleet Services, Parking Facility, Vehicle Fuel Sales
Vehicle Repair, Major Vehicle Repair and/or sales or lease.

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 07/15/2022

Co-Listed By

Chad McMahan

Realty ONE Group Mountain Desert License #SA637448000

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV Listed on: 07/15/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,882

Lot Details

  • 1.13 Acre Lot
  • Level Lot
  • Property is zoned Industrial

Property Views

  • Red Rock
  • City
  • Mountain

Community Details

  • Aaa Industrial Park Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 40828103c

Property Details

Property Type

Land

Est. Annual Taxes

$4,882

Lot Details

0

Listing Details

  • Legal Info Range: R05E
  • Property Type: Land
  • Topography: Level
  • Zoning: Industrial
  • Tax Year: 2021
  • Lot Size Acres: 1.13
  • Co List Office Mls Id: ROGM04
  • Co List Office Phone: 928-862-4035
  • Subdivision Name: AAA Industrial Park
  • View:Mountain View(s): Yes
  • View Red RocksBoulders: Yes
  • Water Source City Franchise2: Yes
  • View City2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Red Rocks/Boulders, City
  • Other Structures: None

Utilities

  • Water Source: City Franchise

Lot Info

  • Lot Size Sq Ft: 49222.8
  • Parcel #: 40828103c

Tax Info

  • Tax Annual Amount: 4882.0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Dec 29, 2022
Sold by
Nimtz Teri and Lopez Christy Leeann
Bought by
City Of Sedona
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$1,965,000
Sold Price
$1,500,000
Premium/Discount to List
-$465,000
-23.66%
Views
122
Current Estimated Value
$1,140,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$359,572

Purchase Details

Listed on
Jul 15, 2022
Closed on
Dec 23, 2022
Sold by
Lopez Christy Leeann
Bought by
City Of Sedona
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$1,965,000
Sold Price
$1,500,000
Premium/Discount to List
-$465,000
-23.66%
Views
122

Purchase Details

Listed on
Mar 5, 2020
Closed on
Feb 20, 2020
Sold by
Ney Peter and Ney Yvonne
Bought by
Nimtz Teri
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$675,000
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.73%
Original Mortgage
$450,000
Interest Rate
3.6%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Aug 26, 2014
Closed on
Jul 10, 2015
Sold by
Nyberg Charles D and Nyberg Mary J
Bought by
Ney Peter and Ney Yvonne
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$560,000
Sold Price
$425,000
Premium/Discount to List
-$135,000
-24.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%

Purchase Details

Closed on
Mar 7, 2008
Sold by
Duncan Virginia I and Dick Hal Joe
Bought by
Nyberg Charles D
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
City Of Sedona -- Yavapai Title
City Of Sedona -- Yavapai Title
Nimtz Teri $675,000 Empire West Title Agency Llc
Ney Peter $425,000 Empire West Title Agency Sed
Nyberg Charles D $775,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nimtz Teri $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2022 12/30/22 Sold $1,500,000 -23.7% --
07/30/2022 07/30/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $1,965,000 +191.1% --
03/05/2020 03/05/20 Sold $675,000 0.0% -- View Prior Sale
03/05/2020 03/05/20 For Sale $675,000 +58.8% --
03/04/2020 03/04/20 Pending -- -- --
07/31/2015 07/31/15 Sold $425,000 -24.1% -- View Prior Sale
06/25/2015 06/25/15 Pending -- -- --
08/26/2014 08/26/14 For Sale $560,000 -- --
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
2024 $4,804 -- -- --
2023 $0 $66,795 $66,795 $0
2022 $4,804 $69,076 $69,076 $0
2021 $4,882 $62,796 $62,796 $0
2020 $4,882 $0 $0 $0
2019 $4,835 $0 $0 $0
2018 $0 $0 $0 $0
2017 $4,783 $0 $0 $0
2016 $4,720 $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 530738

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-28-103C