NOT LISTED FOR SALE

Estimated Value: $3,213,000 - $4,334,595

4 Beds
3.5 Baths
4,750 Sq Ft
$764/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $4,000,000 $842 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $20,162/month

135 Days on Market

Highlights

  • Views of Red Rock
  • Horses Allowed On Property
  • RV Access or Parking
  • Guest House
  • Private Pool
  • Vaulted Ceiling

About This Home

As of February 2023

This property is like no other - as rare and unique as a white buffalo in the American Southwest with healing properties all of its own, a one of a kind sensational luxury resort, a portal to a peaceful place of sublime beauty, an entertainer's playground, a family compound with a luxury horse facility. Your very own sanctuary nestled beneath big panoramic views of the world famous Cathedral Rock and Seven Warriors awaits! The gorgeous single level 4100 SF Santa Fe/Pueblo style home on 2.28 acres features 2 Owner's Suites, 5 fireplaces and large wood viga beams, with curved walls creating both warmth and flow throughout. The property is on a double gated private road. Enjoy Sedona's highly desirable indoor/outdoor lifestyle at your very own private oasis with a large state of the art salt water negative edge pool. Hear the sensuous, soothing sounds of cascading waterfalls filling your backyard against the desert sky. There is even a unique Hefner Style Grotto above the main pool which seats 6! How about some morning yoga in the floating Ramada surrounded by a gentle flowing river? Or follow your creativity and utilize the Ramada as an art studio during the day, turn it into a movie theatre in the evening or just enjoy the magical sunsets. Did you see the fully equipped sunken outdoor kitchen with a swim up bar and baja step for hot summer nights? Don't forget the garaged parking for up to 9 cars and toys. If you have horses, they will enjoy the oversized stalls in the state of the art stable with overhead misters and video monitoring, or convert the stable into additional garaged parking for your luxury vehicles and toys. A guest casita/caretaker's quarters/studio apartment is attached to the stable, a separate hay barn offers storage and more garaged parking. This unique luxury estate features a total of 5,381 SF of livable area, 4 bedrooms with a bonus office/5th bedroom and a total of 11,281 SF under roof - it is truly an entertainer's dream, peaceful and serene healing sanctuary adjacent to 100s of miles of USFS trails right at your doorstep to enjoy the expansive magnificent nature of Sedona! Construction of Integrated Concrete Form with 13" thick walls and in-floor hydronic heating ensures your comfort and will keep your energy bills low. This property oozes owners pride, it is in great condition and move-in ready! Ask for the extensive list of improvements since last purchase.

Last Agent to Sell the Property

Katrin Themlitz

Russ Lyon Sotheby's International Realty License #SA547754000 Listed on: 10/08/2022

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,373

Year Built

  • Built in 2002

Lot Details

  • 2.29 Acre Lot
  • Cul-De-Sac

Parking

  • 9 Car Garage
  • Garage Door Opener
  • RV Access or Parking

Property Views

  • Red Rock
  • Desert

Home Design

  • Ranch Style House
  • Spanish Architecture
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,750 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Tinted Windows
  • Concrete Flooring
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Doors are 32 inches wide or more
  • Stepless Entry

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Built-In Barbecue

Additional Homes

  • Guest House

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Zoned Heating and Cooling System
  • Propane
  • Shared Well
  • Well
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 40830012y

Community Details

Overview

  • Under 5 Acres Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,373

Year Built

Built in 2002

Lot Details

0

Parking

9

Listing Details

  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Year Built: 2002
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 2.29
  • Subdivision Name: Under 5 Acres
  • Architectural Style: Ranch, Spanish
  • Efficiency: Multi-Zones
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • View:Desert: Yes
  • View Red RocksBoulders: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Flooring: Concrete
  • Basement YN: No
  • Accessibility Features: Accessible Door 32in+ Wide, Zero-Grade Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Other, Eat-in Kitchen, Breakfast Bar, Central Vacuum, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4750.0
  • Window Features: Dual Pane, Tinted Windows
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): 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, Built-in Barbecue
  • Lot Features: Cul-De-Sac
  • Pool Private: Yes
  • Construction Type: Stucco, See Remarks, Block
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Other, Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Parking Features: RV Access/Parking, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 9.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Utilities: Propane
  • Cooling: Central Air, Ceiling Fan(s), Other
  • Heating: Other, Electric
  • Laundry Features: Engy Star (See Rmks)
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Onsite Well, Pvt Water Company, Shared Well
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Radiant: Yes
  • Main Cooling Other: Yes

Lot Info

  • Horse Amenities: Corral(s)
  • Land Lease: No
  • Lot Size Sq Ft: 99752.0
  • Parcel #: 40830012y

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Tax Info

  • Tax Annual Amount: 12373.0
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2022
Closed on
Feb 15, 2023
Sold by
Ritchie Scott E
Bought by
Drake And Stephanie Kennedy 2006 Family Trust and Kennedy
Seller's Agent
Katrin Themlitz
Russ Lyon Sotheby's International Realty
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$4,450,000
Sold Price
$4,000,000
Premium/Discount to List
-$450,000
-10.11%
Views
801
Current Estimated Value
$3,630,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$369,468
Avg. Annual Appreciation
-3.35%

Purchase Details

Listed on
Oct 8, 2022
Closed on
Feb 14, 2023
Sold by
Ritchie Scott E
Bought by
Drake And Stephanie Kennedy 2006 Family Trust
Seller's Agent
Katrin Themlitz
Russ Lyon Sotheby's International Realty
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$4,450,000
Sold Price
$4,000,000
Premium/Discount to List
-$450,000
-10.11%
Views
801

Purchase Details

Closed on
Jul 26, 2007
Sold by
Monte Serene Holdings
Bought by
Ritchie Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 17, 2006
Sold by
Fedrizzi Jane E
Bought by
Fedrizzi Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 11, 2006
Sold by
Main Event Properties Llc
Bought by
Fedrizzi Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 24, 2003
Sold by
Montgomery Bruce Terrill and Montgomery Kathryn M
Bought by
Main Event Properties Llc

Purchase Details

Closed on
Oct 3, 2003
Sold by
Main Event Properties Llc
Bought by
Montgomery Bruce Terrill and Montgomery Kathryn M

Purchase Details

Closed on
Apr 27, 2003
Sold by
Macduff Enterprises
Bought by
Main Event Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2003
Sold by
Montgomery Bruce Terrill and Montgomery Kathryn D
Bought by
Macduff Enterprises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2000
Sold by
Vistas Crimson
Bought by
Bahe Michael Paul and Gavan Mary Ellen
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
Drake And Stephanie Kennedy 2006 Family Trust $4,000,000 Stewart Title & Trust Of Phoen
Drake And Stephanie Kennedy 2006 Family Trust $4,000,000 Stewart Title & Trust Of Phoen
Ritchie Scott $2,050,000 Pioneer Title Agency Inc
Fedrizzi Paul J -- First American Title Ins
Fedrizzi Paul J $2,077,000 First American Title Ins
Main Event Properties Llc -- --
Montgomery Bruce Terrill -- --
Main Event Properties Llc -- --
Macduff Enterprises -- --
Bahe Michael Paul $525,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ritchie Scott $1,500,000
Previous Owner Fedrizzi Paul J $1,350,000
Previous Owner Fedrizzi Paul J $1,350,000
Previous Owner Main Event Properties Llc $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2023 02/21/23 Sold $4,000,000 -10.1% $842 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
10/08/2022 10/08/22 For Sale $4,450,000 -- $937 / 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 $12,996 $255,871 -- --
2024 $12,611 $277,781 -- --
2023 $12,611 $225,762 $0 $0
2022 $12,373 $176,839 $42,650 $134,189
2021 $12,560 $175,773 $40,120 $135,653
2020 $12,561 $0 $0 $0
2019 $12,432 $0 $0 $0
2018 $11,839 $0 $0 $0
2017 $11,505 $0 $0 $0
2016 $11,345 $0 $0 $0
2015 $10,741 $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: 531485

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-30-012Y