NOT LISTED FOR SALE

Estimated Value: $1,512,310 - $1,771,000

3 Beds
2.5 Baths
3,337 Sq Ft
$491/Sq Ft Est. Value

Last Sold March 21, 2018

Last sale price $900,000 $270 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $9,138/month

322 Days on Market

Highlights

  • Views of Red Rock
  • Covered Patio or Porch
  • Double Pane Windows
  • Contemporary Architecture
  • Skylights
  • Intercom

About This Home

As of March 2018

The epitome of Southwest living in Sedona, this is the perfect blend of fantastic red rock views in a gorgeous 1-acre private setting, a gracious modern floorplan, a home that’s beautifully updated, and upscale Southwest design touches that merge with the luxurious and flawlessly appointed treatments. This home exudes warmth and character, from the front entry gate and courtyard to the open back patio overlooking a border of trees and unimpeded red rock views, from the bright entry foyer and elegant Gourmet Kitchen, to the delightful Living Room and adjacent spacious Media Room/Study, this single level sophisticated Southwest home is truly a Sedona gem The Kitchen has been completely updated with granite countertops and new cabinetry, Electrolux appliances, large island, walk-in pantry, and wine cooler, all making for a lovely creative space for the most exacting cook. The Living Room and adjacent large Media Room/Study capture the wonderful views and are so pleasantly light-&-bright that you'll always wear a smile, and the Master Bedroom Suite has also been handsomely updated. Throughout this home, the gracious room sizes and split bedroom floor plan offers a truly charming and relaxing experience, with excellent outdoor living and fantastic red rock views. The home is so welcoming that you'll never want to leave!

Last Agent to Sell the Property

Wendy Jacobsen

RE/MAX Sedona License #SA510294000 Listed on: 03/24/2017

RE/MAX Sedona

Last Buyer's Agent

Lee Jeans

Coldwell Banker Realty License #BR640184000

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,175

Year Built

  • Built in 1985

Lot Details

  • 1

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Tile Flooring
  • Views of Red Rock

Kitchen

  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Intercom

Utilities

  • Cooling Available
  • Heating Available
  • Propane
  • Septic Tank
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Covered Patio or Porch
  • 1 Acre Lot

Community Details

  • Highland Est 1 2 Subdivision

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 40526041

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,175

Year Built

Built in 1985

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Basement: N
  • Year Built: 1985
  • Tax Year: 2016
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 1.0
  • Subdivision Name: Highland Est 1 - 2
  • Architectural Style: Contemporary, Spanish
  • Association Fees:HOA Fee2: 500.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Utilities Butane Propane: Yes
  • View Red RocksBoulders: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Other Equipment: Intercom
  • Accessibility Features: Zero-Grade Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Central Vacuum, Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Exterior Features: Other
  • Construction Type: Stucco, Wood Frame, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Utilities: Propane
  • Cooling: Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Association Fees:HOA Paid Frequency: Annually

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 40526041

Tax Info

  • Tax Annual Amount: 5175.0
  • Tax Lot: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2024
Sold by
Mcnamara Mark V and Mcnamara Cynthia E
Bought by
Mcnamara Family Trust and Mcnamara
Current Estimated Value
$1,637,578

Purchase Details

Closed on
Oct 10, 2020
Sold by
Mcnamara Mark V and Parenti Cynthia E
Bought by
Mcnamara Mark V and Parenti Cynthia E

Purchase Details

Listed on
Mar 24, 2017
Closed on
Mar 13, 2018
Sold by
Mcnamara Mark V and Parenti Cynthia E
Bought by
Mcnamara Mark V and Parenti Cynthia E
Seller's Agent
Wendy Jacobsen
RE/MAX Sedona
Buyer's Agent
Lee Jeans
Coldwell Banker Realty
List Price
$895,000
Sold Price
$900,000
Premium/Discount to List
$5,000
0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$720,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2016
Sold by
Cothran Dan A and Cothran Cheryl C
Bought by
Cothran Dan Allen and Cothran Cheryl Cole

Purchase Details

Closed on
May 10, 2012
Sold by
Burghardt Manfred H and Walker Burghardt Joanna
Bought by
Burghardt Manfred Herbert and Walker Joanna

Purchase Details

Closed on
Jan 4, 2010
Sold by
Bank Of America National Association
Bought by
Cothran Dan A and Cothran Cheryl C

Purchase Details

Closed on
Sep 16, 2009
Sold by
Letterman Mary Kathryn
Bought by
Bank Of America National Association

Purchase Details

Closed on
May 30, 2006
Sold by
Wales Adele T
Bought by
Letterman Mary Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 26, 2006
Sold by
Letterman Mary Kathryn
Bought by
Letterman James Llyod and Letterman Mary Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 7, 2005
Sold by
Hedin Donald M and Hedin Lydia R
Bought by
Wales Adele T

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
5.67%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 7, 1999
Sold by
Hedin Donald M and Hedin Lydia R
Bought by
Hedin Donald M and Hedin Lydia R

Purchase Details

Closed on
Nov 19, 1997
Sold by
Palermo Loreto Anthony and Palermo Larry A
Bought by
Palermo Larry and Larry Palermo Revocable Trust

Purchase Details

Closed on
Jul 2, 1997
Sold by
Williams John C and Hawkins Williams Beki
Bought by
Williams John C and Hawkins Williams Beki

Purchase Details

Closed on
Mar 10, 1994
Sold by
White Robert T
Bought by
Osborne George M and Osborne Sandra Z

Purchase Details

Closed on
Nov 17, 1989
Sold by
Smith Margaret Ritter
Bought by
Palermo Larry A and Palermo Louise F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcnamara Family Trust -- None Listed On Document
Mcnamara Mark V -- Amrock Llc
Mcnamara Mark V -- Empire West Title Agency Llc
Mcnamara Mark V $900,000 Empire West Title Agency Llc
Cothran Dan Allen -- None Available
Burghardt Manfred Herbert -- Lawyers Title Of Arizona Inc
Cothran Dan A $590,000 Lsi Title Agency
Bank Of America National Association $680,000 Security Title Agency
Letterman Mary Kathryn $1,400,000 Yavapai Title Agency Inc
Letterman James Llyod -- Yavapai Title Agency Inc
Letterman Mary Kathryn -- Yavapai Title Agency Inc
Wales Adele T -- Chicago Title Ins Co
Hedin Donald M -- --
Palermo Larry -- --
Williams John C -- --
Osborne George M -- Transamerica Title Ins Co
R T White Investments Inc $35,400 Transamerica Title Ins Co
Palermo Larry A -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcnamara Mark V $720,000
Previous Owner Letterman Mary Kathryn $910,000
Previous Owner Letterman Mary Kathryn $910,000
Previous Owner Wales Adele T $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2018 03/21/18 Sold $900,000 +0.6% $270 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
03/24/2017 03/24/17 For Sale $895,000 -- $268 / 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 $5,896 $116,776 -- --
2024 $5,598 $128,962 -- --
2023 $5,849 $105,444 $25,270 $80,174
2022 $5,598 $75,290 $18,261 $57,029
2021 $5,731 $77,882 $20,251 $57,631
2020 $5,728 $0 $0 $0
2019 $5,684 $0 $0 $0
2018 $5,943 $0 $0 $0
2017 $5,278 $0 $0 $0
2016 $5,175 $0 $0 $0
2015 $4,950 $0 $0 $0
2014 $4,658 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 512536

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-26-041