NOT LISTED FOR SALE

Estimated Value: $763,272 - $923,000

-- Bed
-- Bath
2,172 Sq Ft
$391/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $612,000 $282 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,677/month

104 Days on Market

Highlights

  • Central Air
  • Carpet
  • Heating System Uses Natural Gas

About This Home

As of March 2021

Great Investment !!! Well-maintained duplex on corner lot in VOC. Each side has 2 bedrooms, 1 bath and lovely patios with RR Views! Unit 1 has newer SS appliances, new sink and countertops including a butcher block breakfast bar. Unit 2 has white appliances and newer tile in bathroom. In addition, Unit 2 has superb RR views from the livingroom. Both units have their own parking which includes a 2-car carport for each. Newer exterior paint, fixtures, and more, Excellent rental history and next to VOCA golfing as well!! Don't wait, act fast to own your piece of Sedona.....

Last Agent to Sell the Property

Thomas Garrow

Coldwell Banker Realty License #BR545876000 Listed on: 12/01/2020

Coldwell Banker Realty

Last Buyer's Agent

Thomas Garrow

Coldwell Banker Realty License #BR545876000 Listed on: 12/01/2020

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,755

Year Built

  • Built in 1994

Home Design

  • Wood Frame Construction

Flooring

  • Carpet

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Private Water Source
  • Septic Tank

Community Details

  • 2 Units
  • Fairway Oaks Subdivision

Listing and Financial Details

  • Tax Lot 201
  • Assessor Parcel Number 40527540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,755

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Year Built: 1994
  • Tax Year: 2020
  • Subdivision Name: Fairway Oaks
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Water Source Private14: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: Disposal, Dishwasher, Refrigerator, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No

Utilities

  • Electric: Individual Meter
  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter, Private
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes

Lot Info

  • Parcel #: 40527540

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2755.0
  • Tax Lot: 201

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Mar 15, 2021
Sold by
Bruce Passamani Living Trust and Passamani Bruce
Bought by
Passamani Bruce and Passamani Anita
Seller's Agent
Thomas Garrow
Coldwell Banker Realty
Buyer's Agent
Thomas Garrow
Coldwell Banker Realty
List Price
$625,000
Sold Price
$612,000
Premium/Discount to List
-$13,000
-2.08%
Current Estimated Value
$848,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,318
Avg. Annual Appreciation
7.29%
Original Mortgage
$132,000
Outstanding Balance
$118,059
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$730,259

Purchase Details

Listed on
Dec 1, 2020
Closed on
Feb 23, 2021
Sold by
Long Richard J and The Richard J Long Trust
Bought by
Passamani Bruce and The Bruce Passamani Living Tru
Seller's Agent
Thomas Garrow
Coldwell Banker Realty
Buyer's Agent
Thomas Garrow
Coldwell Banker Realty
List Price
$625,000
Sold Price
$612,000
Premium/Discount to List
-$13,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Outstanding Balance
$118,059
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$730,259

Purchase Details

Closed on
Aug 30, 2018
Sold by
Long Kathleen P
Bought by
Long Kathleen P and The Kathleen P Long Trust

Purchase Details

Listed on
Nov 6, 2017
Closed on
Nov 15, 2017
Sold by
Medulla Terry J and Medulla Sandra Curtis
Bought by
Long Richard J and Long Kathleen P
Seller's Agent
Kristi Anderson
RE/MAX Excalibur
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$499,999
Sold Price
$475,000
Premium/Discount to List
-$24,999
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%

Purchase Details

Closed on
Aug 16, 2004
Sold by
Medulla Sandra C and Medulla Terry J
Bought by
Medulla Terry J and Medulla Sandra Curtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.58%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 13, 2002
Sold by
Medulla Terry J and Medulla Sandra Curtis
Bought by
Medulla Terry J and Medulla Sandra Curtis
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
Passamani Bruce -- Empire West Title
Passamani Bruce $612,000 Empire West Title Agency Llc
Long Kathleen P -- None Available
Long Richard J -- None Available
Long Richard J $475,000 Empire West Title Agency Llc
Medulla Terry J -- Yavapai Title Agency
Medulla Sandra C -- Yavapai Title Agency
Medulla Terry J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Passamani Bruce $132,000
Previous Owner Medulla Sandra C $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2021 03/17/21 Sold $612,000 -2.1% $282 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
12/01/2020 12/01/20 For Sale $625,000 +31.6% $288 / Sq Ft
12/01/2017 12/01/17 Sold $475,000 -5.0% $219 / Sq Ft View Prior Sale
11/06/2017 11/06/17 For Sale $499,999 -- $230 / 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 $2,846 $67,052 -- --
2024 $2,716 $74,505 -- --
2023 $2,766 $56,477 $15,924 $40,553
2022 $2,716 $41,581 $10,127 $31,454
2021 $2,755 $42,424 $10,074 $32,350
2020 $2,755 $0 $0 $0
2019 $2,728 $0 $0 $0
2018 $2,604 $0 $0 $0
2017 $2,534 $0 $0 $0
2016 $2,501 $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: 524912

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-27-540