NOT LISTED FOR SALE

Estimated Value: $1,231,000 - $1,635,000

3 Beds
2 Baths
1,814 Sq Ft
$789/Sq Ft Est. Value

Last Sold May 02, 2017

Last sale price $550,000 $303 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $7,889/month

380 Days on Market

Highlights

  • Views of Red Rock
  • Waterfront
  • Contemporary Architecture
  • Manuel Demiguel Elementary School Rated A-
  • 1.22 Acre Lot
  • Vaulted Ceiling

About This Home

As of May 2017

The perfect Oak Creek Canyon getaway! This home feels like a glorified cabin with awesome Red Rock, Mountain and Creek views. Tucked away at the end of Thompson Road behind a private gate, this home sits on 1.22 acres and borders Bee Creek (which runs seasonally) and the Forest Service! Walking distance to Oak Creek for swimming and fishing. This home was dramatically renovated in 1996 with a dramatic rock fireplace, maple wood flooring, new kitchen, an addition of a solarium for stargazing those dark Sedona skies, and a whole new facia. The perfect 2nd home opportunity! Approximately 12 homes on a shared well for $120/yr each includes all water used.

Last Agent to Sell the Property

Lori Stewart

Russ Lyon Sotheby's International Realty License #SA526624000 Listed on: 02/18/2016

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

  • $6,043

Year Built

  • Built in 1981

Lot Details

  • 1.22 Acre Lot
  • Waterfront

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Tinted Windows
  • Views of Red Rock
  • Partial Basement
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Propane
  • Shared Well
  • Well
  • Septic Tank

Community Details

  • Under 5 Acres Subdivision

Listing and Financial Details

  • Tax Lot M&B
  • Assessor Parcel Number 40525003s

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,043

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Basement: Y
  • Year Built: 1981
  • Tax Year: 2015
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 1.22
  • Subdivision Name: Under 5 Acres
  • Architectural Style: Contemporary
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Utilities Butane Propane: Yes
  • View Red RocksBoulders: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Partial
  • Flooring: Carpet, Tile, Wood
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Vaulted Ceiling(s), Pantry, Separate Shwr & Tub
  • Window Features: Skylight(s), Dual Pane, Tinted Windows
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • Basement Description:Partial: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Lot Features: Waterfront Lot
  • Waterfront: Yes
  • Construction Type: Wood Frame
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Utilities: Propane
  • Cooling: Ceiling Fan(s)
  • Heating: Propane
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Onsite Well, Shared Well
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Propane: Yes

Lot Info

  • Lot Size Sq Ft: 53143.0
  • Parcel #: 40525003s

Tax Info

  • Tax Annual Amount: 6043.0
  • Tax Lot: M&B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2016
Closed on
Apr 10, 2017
Sold by
Tamis Tamis Robert H Robert H
Bought by
Farabaugh Rachel A
Seller's Agent
Lori Stewart
Russ Lyon Sotheby's International Realty
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$649,000
Sold Price
$550,000
Premium/Discount to List
-$99,000
-15.25%
Current Estimated Value
$1,431,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$881,335
Avg. Annual Appreciation
11.69%
Original Mortgage
$400,000
Interest Rate
4.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 6, 2013
Sold by
Tamis Robert H
Bought by
Tamis Robert H

Purchase Details

Closed on
Mar 16, 2007
Sold by
Tamis Beverlee and Zell Beverlee
Bought by
Tamis Beverlee and Tamis Robert H

Purchase Details

Closed on
Feb 10, 2003
Sold by
Tamis Zell Beverlee
Bought by
Weems Barbara J

Purchase Details

Closed on
Nov 12, 1997
Sold by
Tamis Robert and Tamis Beverlee
Bought by
Beverlee Zell Ltd Partnership
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
Farabaugh Rachel A $550,000 Pioneer Title Agency
Tamis Tamis Robert H Robert H -- Pioneer Title Agency
Tamis Robert H -- None Available
Tamis Beverlee -- None Available
Weems Barbara J -- --
Beverlee Zell Ltd Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farabaugh Rachel A $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2017 05/02/17 Sold $550,000 -15.3% $303 / Sq Ft
03/04/2017 03/04/17 Pending -- -- --
02/18/2016 02/18/16 For Sale $649,000 -- $358 / 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 $4,399 $112,456 -- --
2024 $4,399 $115,200 -- --
2023 $4,002 $90,181 $0 $0
2022 $4,002 $75,987 $0 $0
2021 $3,904 $73,283 $0 $0
2020 $3,841 $56,000 $0 $0
2019 $3,913 $56,000 $0 $0
2018 $5,442 $74,194 $0 $0
2017 $5,532 $73,353 $0 $0
2016 $6,042 $68,755 $0 $0
2015 $6,043 $78,481 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 509310

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-25-003S