NOT LISTED FOR SALE

Estimated Value: $769,000 - $927,000

2 Beds
2.5 Baths
2,516 Sq Ft
$335/Sq Ft Est. Value

Last Sold September 12, 2023

Last sale price $815,000 $324 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,680/month

96 Days on Market

Highlights

  • Horses Allowed On Property
  • Solar Power System
  • 3.06 Acre Lot
  • Cottonwood Elementary School Rated 10
  • City View
  • Contemporary Architecture

About This Home

As of September 2023

Property sits at one of the highest points above the Verde Valley. Gorgeous panoramic views of the Valley and Sedona. This 2516 Square Foot custom home is on a little over 3 acres of private secluded land that backs up to Prescott National Forrest. This home has two Master Suites and a large Greatroom and Office nook. Home boasts Pella windows and doors throughout and custom kitchen cabinetry. Oversized 2 car garage. Home is set up with zoned mini-split A/C heating units and handicap features. Oversized wraparound deck allows to take in the spectacular panoramic views! Home is constructed using Autoclaved Aerated Concrete blocks(AAC Block) which is fire resistant. Home has a private well and owned Solar System with generator and battery back up.

Last Agent to Sell the Property

Debbie Smith

Realty Executives Arizona Territory License #BR518497000 Listed on: 06/07/2023

Realty Executives Arizona Territory

Last Buyer's Agent

Elise Griffis

Coldwell Banker Northland License #SA671299000

Coldwell Banker Northland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,012

Year Built

  • Built in 2013

Lot Details

  • 3.06

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Block Exterior

Interior Spaces

  • 2,516 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • City Views
  • Built-In Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Utilities

  • Mini Split Air Conditioners
  • Heating Available
  • Propane
  • Well
  • Septic Tank

Additional Features

  • Doors are 32 inches wide or more
  • Solar Power System
  • 3.06 Acre Lot
  • Horses Allowed On Property

Community Details

  • Under 5 Acres Subdivision

Listing and Financial Details

  • Tax Lot J
  • Assessor Parcel Number 40616026j

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,012

Year Built

Built in 2013

Lot Details

3.06 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Year Built: 2013
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 3.06
  • Subdivision Name: Under 5 Acres
  • Architectural Style: Contemporary
  • Efficiency: Solar Panels
  • Cooling:Ceiling Fan(s): Yes
  • Utilities Butane Propane: Yes
  • Fireplace Features Gas Fireplace: Yes
  • View City2: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Accessibility Features: Accessible Door 32in+ Wide
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Other, Gas
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s), Full Bth Master Bdrm
  • Living Area: 2516.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Construction Type: Block
  • Roof: Other
  • Construction:Block: 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), Mini Split
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Onsite Well, Pvt Water Company
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 133294.0
  • Parcel #: 40616026j

Tax Info

  • Tax Annual Amount: 3012.0
  • Tax Lot: J

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Sep 5, 2023
Sold by
Rees Arthur Dennis and Rees Miller Fredric
Bought by
David William E and David Esther K
Seller's Agent
Debbie Smith
Realty Executives Arizona Territory
Buyer's Agent
Elise Griffis
Coldwell Banker Northland
List Price
$850,000
Sold Price
$815,000
Premium/Discount to List
-$35,000
-4.12%
Views
90
Current Estimated Value
$843,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,520
Avg. Annual Appreciation
1.38%
Original Mortgage
$650,000
Outstanding Balance
$634,552
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
$208,968

Purchase Details

Closed on
Jan 26, 2022
Sold by
Rees Miller Fredric
Bought by
Rees Miller Fredric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,189,500
Interest Rate
4.4%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 30, 2019
Sold by
Alfano Ress Elaine M and Alfano Fredric Rees
Bought by
Rees Miller Fredric

Purchase Details

Closed on
Aug 30, 2012
Sold by
Alfano Rees Elaine M and Alfano Fredric Rees
Bought by
Alfano Rees Elaine M and Alfano Fredric Rees

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2000
Sold by
Alfano Rees Elaine M
Bought by
Rees M Fredric

Purchase Details

Closed on
Jul 13, 1999
Sold by
Rees M Fredric and Alfano Rees Elaine M
Bought by
Alfano Rees Elaine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,250
Interest Rate
7.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 1, 1999
Sold by
Chaikin Henry R and Chaikin Marguerite S
Bought by
Rees M Fredric and Alfano Rees Elaine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,250
Interest Rate
7.4%
Mortgage Type
Seller Take Back
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
David William E $815,000 Lawyers Title
Alfano Francis John -- Lawyers Title
Rees Miller Fredric -- Fnc Title Services
Rees Miller Fredric -- None Available
Alfano Rees Elaine M -- Yavapai Title Agency Inc
Rees M Fredric -- Yavapai Title Agency Inc
Rees M Fredric $115,000 First American Title
Alfano Rees Elaine M -- First American Title
Rees M Fredric $283,250 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open David William E $650,000
Previous Owner Rees Miller Fredric $1,189,500
Previous Owner Rees Miller Fredric $1,189,500
Previous Owner Rees M Fredric $128,000
Previous Owner Rees M Fredric $93,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2023 09/12/23 Sold $815,000 -4.1% $324 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $850,000 -- $338 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,921 $79,592 -- --
2024 $2,857 $81,945 -- --
2023 $2,857 $69,125 $0 $0
2022 $3,012 $59,313 $15,735 $43,578
2021 $3,404 $56,719 $16,290 $40,429
2020 $3,374 $0 $0 $0
2019 $3,343 $0 $0 $0
2018 $3,207 $0 $0 $0
2017 $3,060 $0 $0 $0
2016 $2,984 $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: 533325

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-16-026J

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