NOT LISTED FOR SALE

Sedona, AZ 86336

Estimated Value: $662,000 - $1,298,000

-- Bed
-- Bath
450 Sq Ft
$2,363/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $500,000 $1,111 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,636/month

92 Days on Market

Highlights

  • Evaporated cooling system
  • Carpet
  • 3-minute walk to Oak Creek Canyon
  • Manuel Demiguel Elementary School Rated A-
  • Heating Available

About This Home

As of August 2021

Location, Location, Location! Prime Multi-Family property located in the heart of Uptown Sedona close to all shopping, restaurants and services. Own a piece of the Sedona dream voted one of the Most Beautiful places to Live. This special property has been affordable housing for many. Income potential is greater than what seller has been charging. Outstanding RED ROCK VIEWS! Five one bedroom one bath units approximately 515 sq. ft. Come let us show you why this is the perfect property for you!

Last Agent to Sell the Property

Rob Schabatka

RE/MAX Sedona License #BR030865000 Listed on: 05/24/2021

RE/MAX Sedona

Co-Listed By

Ricky Schabatka

RE/MAX Sedona License #SA560971000

Last Buyer's Agent

Rob Schabatka

RE/MAX Sedona License #BR030865000 Listed on: 05/24/2021

RE/MAX Sedona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,753

Year Built

  • Built in 1961

Home Design

  • Wood Frame Construction
  • Block Exterior

Flooring

  • Carpet
  • Vinyl

Utilities

  • Evaporated cooling system
  • Heating Available
  • Private Water Source

Community Details

  • 2 Buildings
  • 5 Units
  • Under 5 Acres Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 40116038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,753

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 2
  • Year Built: 1961
  • Tax Year: 2020
  • Co List Office Mls Id: rmxs01
  • Co List Office Phone: 928-282-4166
  • Subdivision Name: Under 5 Acres
  • Construction:Wood Frame: Yes
  • Water Source Private14: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Refrigerator
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Construction Type: Wood Frame, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Utilities

  • Cooling: Evaporative Cooling, Other
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Lot Info

  • Parcel #: 40116038

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 4753.02
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Aug 24, 2021
Sold by
Old English Apartments Llc
Bought by
Old English Apartments Llc
Seller's Agent
Rob Schabatka
RE/MAX Sedona
Buyer's Agent
Rob Schabatka
RE/MAX Sedona
List Price
$2,500,000
Sold Price
$500,000
Premium/Discount to List
-$2,000,000
-80%
Current Estimated Value
$839,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,749
Avg. Annual Appreciation
19.94%
Original Mortgage
$400,000
Outstanding Balance
$77,581
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$985,791

Purchase Details

Listed on
May 24, 2021
Closed on
Aug 2, 2021
Sold by
Old English Apartments Llc
Bought by
3Ruskie Devushkie Llc
Seller's Agent
Rob Schabatka
RE/MAX Sedona
Buyer's Agent
Rob Schabatka
RE/MAX Sedona
List Price
$2,500,000
Sold Price
$500,000
Premium/Discount to List
-$2,000,000
-80%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$77,581
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$985,791

Purchase Details

Closed on
Jul 15, 2009
Sold by
Hungate Jo Anne M
Bought by
Old English Apartments Llc

Purchase Details

Closed on
Jan 10, 2000
Sold by
Fde Enterprises Ltd
Bought by
English Frank D
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
Old English Apartments Llc -- Accommodation
3Ruskie Devushkie Llc $500,000 Empire West Title Agency Llc
Old English Apartments Llc $742,586 None Available
English Frank D $198,872 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Old English Apartments Llc $400,000
Closed 3Ruskie Devushkie Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $500,000 -80.0% $1,111 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $2,500,000 -- $5,556 / 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
2025 $2,786 $99,084 -- --
2024 $2,786 $100,300 -- --
2023 $2,557 $70,836 $0 $0
2022 $2,557 $47,809 $0 $0
2021 $2,478 $44,262 $0 $0
2020 $2,440 $41,620 $0 $0
2019 $2,371 $37,752 $0 $0
2018 $2,328 $37,365 $0 $0
2017 $2,313 $37,691 $0 $0
2016 $2,279 $27,404 $0 $0
2015 $2,145 $24,788 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rob Schabatka

    Seller's Agent in 2021

    Rob Schabatka

    RE/MAX

    (928) 821-3508

    101 in this area

    205 Total Sales

    Rob Schabatka
    Section Image
  • Ricky Schabatka

    Seller Co-Listing Agent in 2021

    Ricky Schabatka

    RE/MAX

    (928) 282-4166

    95 in this area

    188 Total Sales

    Ricky Schabatka
    Section Image
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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 526570

Arizona Regional Multiple Listing Service (ARMLS)

APN: 401-16-038

Arizona Coconino County Sedona

86336

This home since 24 May 2021 and is currently estimated at $1,063,372, approximately $2,363 per square foot. This property was built in 1961. This home is a home located in Coconino County with nearby schools including Manuel Demiguel Elementary School, Flagstaff High School, and Sedona Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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