NOT LISTED FOR SALE

Estimated Value: $1,089,156 - $1,376,000

3 Beds
3 Baths
1,896 Sq Ft
$651/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $905,000 $477 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,758/month

6 Days on Market

Highlights

  • Views of Red Rock
  • RV Access or Parking
  • Vaulted Ceiling
  • Guest House
  • 1.33 Acre Lot
  • Ranch Style House

About This Home

As of October 2020

Where We Want To Live now!

A Refuge, Room to Roam, NO HOA, So Private & TWO Rentable Dwellings.

A trio of dwellings on this 1.33 feels like a world away. Centrally located in West Sedona. Property on sewer & natural gas, bringing together a multitude of opportunity & options.

An adventurous couple renovated this 3 bedroom & 2 bath historic Red Rock Sedona 1950s gem of a home (now 1919 sqft) in the heart of West Sedona; Adding on an expansive naturally sunlit great room & chefs' kitchen in 2002. In 2014, a private & permitted ''ADU Guest Cottage'' built on upper corner of property for the ultimate in privacy, views & rentability. In 2019 owners renovated & built a ''day use'' Studio on this acre & a third in one of Sedona 1st neighborhoods, Settlers Rest. A RETREAT like no other!
A trio of dwellings bring together a multitude of opportunity & options... An adventurous couple renovated a 1950s gem of an original Red Rock Sedona home in the heart of West Sedona; including a chef's kitchen and sunlit family room. Later adding a Studio and a Guest Cottage on this acre and a third in one of Sedona First neighborhoods Settlers Rest.

NO HOA.

- - - A, 1919 sq ft handcrafted Timber and Red Rock home "Main Residence" preserves the flavor of authentic Sedona in this original vintage dwelling that has been twice updated with modern generously sized chefs kitchen, gracious & spacious owners red rock retreat bedroom and a vaulted sunlit great room that opens onto the back patio via Anderson sliding glass doors. (county says 1896 sqft - owner had it professionally measured and it came out slightly higher at 1919 sqft) may be due to the stone thermal mass in owners suite. Both renovations completed by licensed contractors and permitted.

- - - A 300 sq ft Studio with kitchenette, fits a queen bed, has a skylight above shower and is entered from a private drive or main house. ( City says: day use only...) Unpermitted.

- - - A 629 sq ft Guest Cottage approved by City of Sedona as an ADU and now grandfathered as a separate residence, Privacy and character are abundant in this single bedroom,and bath cottage complete with great room, kitchen, and a wall of windows enjoying a private flagstone courtyard patio, all with glorious views!

Let your imagination run wild with all the possibilities. VRBO - short term rentals, mother-in-law, au pair- caretaker - long term rentals.... RV space potential - This one is SPECIAL!

Last Agent to Sell the Property

Jolynn Greenfield

Russ Lyon Sotheby's International Realty License #BR044410000 Listed on: 08/20/2020

Russ Lyon Sotheby's International Realty

Co-Listed By

Jacqueline Weems

Russ Lyon Sotheby's International Realty License #SA114786000

Last Buyer's Agent

Mitchell Maier

RE/MAX Sedona License #SA682022000

RE/MAX Sedona

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,332

Year Built

  • Built in 1955

Lot Details

  • 1.33 Acre Lot
  • Corner Lot

Parking

  • RV Access or Parking

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,896 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Views of Red Rock

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Patio
  • Guest House

Community Details

  • Settlers Rest Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 40809006

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,332

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Year Built: 1955
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 1.33
  • Co List Office Mls Id: lyon23
  • Co List Office Phone: 928-282-5966
  • Subdivision Name: Settlers Rest
  • Architectural Style: Ranch
  • Efficiency: Other (See Remarks), Multi-Zones
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • View Red RocksBoulders: Yes
  • Water Source City Water: Yes
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Flooring: Carpet, Vinyl, Tile, Wood
  • Basement YN: No
  • Accessibility Features: Zero-Grade Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry
  • Living Area: 1896.0
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Wood Frame, Block
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Parking Features: RV Access/Parking
  • Attached Garage: No
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 57935.0
  • Parcel #: 40809006

Green Features

  • Green Water Conservation: Recirculation Pump

Tax Info

  • Tax Annual Amount: 3332.0
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 8, 2020
Sold by
Fleet Cheryl E and Brooks Patricia J
Bought by
Surace John and Surace Catherine
Seller's Agent
Jolynn Greenfield
Russ Lyon Sotheby's International Realty
Buyer's Agent
Mitchell Maier
RE/MAX Sedona
List Price
$895,000
Sold Price
$905,000
Premium/Discount to List
$10,000
1.12%
Current Estimated Value
$1,234,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,039
Avg. Annual Appreciation
6.36%
Original Mortgage
$510,400
Outstanding Balance
$453,974
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$780,065

Purchase Details

Closed on
Jun 14, 2018
Sold by
Fleet Cheryl E and Brooks Patricia J
Bought by
Fleet Cheryl E and Brooks Patrica J

Purchase Details

Closed on
Apr 10, 2000
Sold by
Monterastelli Albert N and Christina Monterastelli E
Bought by
Fleet Cheryl E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 1995
Sold by
Monterastelli E Christina
Bought by
Monterastelli Albert N and Christina Monterastelli E
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
Surace John $905,000 Stewart Title & Trust Sedona
Fleet Cheryl E -- None Available
Fleet Cheryl E -- None Available
Fleet Cheryl E $180,000 Capital Title Agency Inc
Monterastelli Albert N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Surace John $510,400
Previous Owner Fleet Cheryl E $111,000
Closed Fleet Cheryl E $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2020 10/14/20 Sold $905,000 +1.1% $477 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $895,000 0.0% $472 / Sq Ft
06/27/2017 06/27/17 Rented $1,795 0.0% --
06/27/2017 06/27/17 For Rent $1,795 -- --
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 $3,434 $85,512 -- --
2024 $3,273 $87,296 -- --
2023 $3,423 $60,808 $16,327 $44,481
2022 $3,273 $50,061 $14,789 $35,272
2021 $3,359 $48,596 $14,075 $34,521
2020 $3,357 $0 $0 $0
2019 $3,332 $0 $0 $0
2018 $3,169 $0 $0 $0
2017 $2,395 $0 $0 $0
2016 $2,348 $0 $0 $0
2015 -- $0 $0 $0
2014 $2,119 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 523927

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-09-006