NOT LISTED FOR SALE

Estimated Value: $502,534 - $553,000

4.58 Acres
$113,430 Price per Acre
199,505 Sq Ft Lot

Last Sold August 08, 2024

Last sale price $488,000

Est. 9% increase in value since last sale

Current estimated payment $3,072/month

53 Days on Market

Highlights

  • Views of Red Rock
  • 4.58 Acre Lot
  • Cul-De-Sac
  • Gated Community

About This Lot

As of August 2024

Luxury meets Tranquil Red Rock Formation! Imagine awakening each day to picture-perfect paradise with your very own Red Rock Formation surrounded by awe-inspiring panoramic Red Rock and Mesa Views, with Bell Rock, Court House Butte and Lee Mountain center stage. This majestic 4.58-acre estate parcel is a rare offering, and one of just 10 large estate parcels in one of Sedona's most coveted gated living destinations, with luxurious neighboring homes. Architectural plans for a one-of-a-kind custom retreat were designed to be incorporated into the red rock formation, or chose another building site among the 4+ acres! What an amazing opportunity to have it all: peace, privacy, luxury, tranquility and stretching nature views that will take your breath away. Read on! 55 Canyon Ridge Trail offers an incomparable Sedona Lifestyle in a stunning setting, with sought-after convenience to hiking and biking trails, casual & fine dining, grocery, retail shops, banks and other amenities.

Last Agent to Sell the Property

Lynne Easterday

Coldwell Banker Realty Listed on: 06/09/2024

Coldwell Banker Realty

Last Buyer's Agent

Nicola Sarn

Best Flagstaff Homes Realty License #SA701905000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,341

Lot Details

  • 4.58 Acre Lot
  • Cul-De-Sac
  • Property is zoned RCU-2A

Property Views

  • Red Rock
  • Panoramic
  • Mountain

Utilities

  • Well

Community Details

  • Under 5 Acres Subdivision
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 40533550q

Property Details

Property Type

Land

Est. Annual Taxes

$3,341

Lot Details

0

Listing Details

  • Legal Info Range: 6E
  • Property Type: Land
  • Topography: Rolling, Hillside, Gentle Sloping
  • Zoning: RCU-2A
  • Tax Year: 2023
  • Lot Size Acres: 4.58
  • Subdivision Name: Under 5 Acres
  • View:Mountain View(s): Yes
  • View Red RocksBoulders: Yes
  • Water Source Domestic Well2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

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

Utilities

  • Water Source: Domestic Well

Lot Info

  • Lot Size Sq Ft: 199504.8
  • Parcel #: 40533550q

Tax Info

  • Tax Annual Amount: 3341.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2024
Closed on
Aug 5, 2024
Sold by
Kiszewski Anthony and Rose Cortese C
Bought by
Mcgrew John and Mcgrew Penny K
Seller's Agent
Lynne Easterday
Coldwell Banker Realty
Buyer's Agent
Nicola Sarn
Best Flagstaff Homes Realty
List Price
$500,000
Sold Price
$488,000
Premium/Discount to List
-$12,000
-2.4%
Current Estimated Value
$532,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,606
Avg. Annual Appreciation
4.47%
Original Mortgage
$288,000
Outstanding Balance
$283,946
Interest Rate
6.86%
Mortgage Type
Seller Take Back
Estimated Equity
$235,565

Purchase Details

Listed on
Jun 9, 2024
Closed on
Aug 1, 2024
Sold by
Kiszewski Anthony and Rose Cortese C
Bought by
Mcgrew John and Mcgrew Penny K
Seller's Agent
Lynne Easterday
Coldwell Banker Realty
Buyer's Agent
Nicola Sarn
Best Flagstaff Homes Realty
List Price
$500,000
Sold Price
$488,000
Premium/Discount to List
-$12,000
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Outstanding Balance
$283,946
Interest Rate
6.86%
Mortgage Type
Seller Take Back
Estimated Equity
$235,565

Purchase Details

Listed on
Sep 4, 2015
Closed on
Jan 5, 2018
Sold by
Mcgehee Mark A
Bought by
Kiszewski Anthony and Rose Cortese C
Seller's Agent
Lynne Easterday
Coldwell Banker Realty
Buyer's Agent
Lynne Easterday
Coldwell Banker Realty
List Price
$329,000
Sold Price
$200,000
Premium/Discount to List
-$129,000
-39.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.66%

Purchase Details

Closed on
Jun 4, 2001
Sold by
Deen Homer C and Deen Claudette H
Bought by
Mcgehee Mark A and Mcgehee Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.7%
Mortgage Type
New Conventional
Source: Public Records
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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
Mcgrew John $488,000 Wfg National Title Insurance C
Mcgrew John $488,000 Wfg National Title Insurance C
Kiszewski Anthony $200,000 Empire West Title Agency Llc
Mcgehee Mark A $290,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrew John $288,000
Closed Mcgrew John $288,000
Previous Owner Mcgehee Mark A $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2024 08/08/24 Sold $488,000 -2.4% --
08/01/2024 08/01/24 Pending -- -- --
06/09/2024 06/09/24 For Sale $500,000 +150.0% --
01/31/2018 01/31/18 Sold $200,000 -39.2% -- View Prior Sale
01/30/2018 01/30/18 Pending -- -- --
09/04/2015 09/04/15 For Sale $329,000 -- --
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 $3,438 -- -- --
2024 $3,341 -- -- --
2023 $3,341 $66,392 $66,392 $0
2022 $3,280 $56,568 $56,568 $0
2021 $3,328 $45,513 $45,513 $0
2020 $3,328 $0 $0 $0
2019 $3,793 $0 $0 $0
2018 $4,083 $0 $0 $0
2017 $4,059 $0 $0 $0
2016 $4,006 $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: 536353

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-33-550Q