NOT LISTED FOR SALE

Estimated Value: $924,000 - $1,207,498

3 Beds
2.5 Baths
2,348 Sq Ft
$462/Sq Ft Est. Value

Last Sold June 13, 2019

Last sale price $500,000 $213 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $6,094/month

47 Days on Market

Highlights

  • Views of Red Rock
  • Covered Patio or Porch
  • Double Pane Windows
  • Vaulted Ceiling
  • Cul-De-Sac
  • Cooling Available

About This Home

As of June 2019

Motivated Owner Wants it SOLD!- Open to Offers'...Nestled among the trees, on a quiet cul de sac, is 40 Edgewood Circle. Conveniently located in W. Sedona and close to shopping & dining. This 3 Bd/3 Bath home boasts 2348 sq.ft. with a split floorplan for privacy. It has a very pleasant- flowing design throughout the house and has been well maintained thru the years. The formal dining area can also be used as a separate office/den. Open concept living room w/ gas fireplace, a pantry for extra goodies and some updated appliances & washer/dryer. Situated on .45 acre to enjoy the beautiful surroundings and buffer between adjacent homes. 3-car garage, outside patio/deck, the new owner will be happy to call this home!

Last Agent to Sell the Property

Jeff Teele

Coldwell Banker Realty License #SA505418000 Listed on: 04/26/2019

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,541

Year Built

  • Built in 1995

Lot Details

  • 0.45 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,348 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Views of Red Rock
  • Unfinished Basement
  • Partial Basement
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Bathtub With Separate Shower Stall

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Septic Tank
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Covered Patio or Porch

Community Details

  • Cedar Ridge Subdivision

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 40824443

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,541

Year Built

Built in 1995

Lot Details

0

HOA Fees

$4 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Basement: Y
  • Year Built: 1995
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.45
  • Subdivision Name: Cedar Ridge
  • Architectural Style: Ranch
  • Association Fees:HOA Fee2: 50.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • View Red RocksBoulders: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished, Partial
  • Flooring: Carpet, Tile
  • Basement YN: Yes
  • Accessibility Features: Zero-Grade Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2348.0
  • Stories: 1
  • Window Features: Dual Pane
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Basement Description:Unfinished2: Yes
  • Basement Description:Partial: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Lot Features: Cul-De-Sac
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19602.0
  • Parcel #: 40824443

Tax Info

  • Tax Annual Amount: 4541.0
  • Tax Lot: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2019
Closed on
Jun 5, 2019
Sold by
Alex Delisa C
Bought by
Sovich Stephen and Sovich Sheena
Seller's Agent
Jeff Teele
Coldwell Banker Realty
List Price
$539,900
Sold Price
$500,000
Premium/Discount to List
-$39,900
-7.39%
Current Estimated Value
$1,085,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$585,875
Avg. Annual Appreciation
12.53%
Original Mortgage
$300,000
Outstanding Balance
$263,773
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$822,102

Purchase Details

Closed on
May 24, 2006
Sold by
Jimenez Carlos and Jimenez Tereza
Bought by
Rockenbach Dennis J

Purchase Details

Closed on
Oct 29, 1998
Sold by
Lakritz Marlene J
Bought by
Jimenez Carlos and Jimenez Tereza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Interest Rate
10.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 1998
Sold by
Lakritz Marlene Joyce
Bought by
Lakritz Marlene J and Arnold H & Marlene J Lakritz Joint Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Interest Rate
10.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 1994
Sold by
Neal Klein Construction Corp
Bought by
Lakritz Arnold Herbert and Lakritz Marlene Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.09%

Purchase Details

Closed on
Aug 19, 1994
Sold by
Lakritz Arnold Herbert and Lakritz Marlene Joyce
Bought by
Neal Klein Construction Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.09%
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
Sovich Stephen $500,000 Stewart Title & Trust Sedona
Rockenbach Dennis J $692,500 Capital Title Agency
Jimenez Carlos $327,500 Capital Title Agency
Lakritz Marlene J -- --
Lakritz Arnold Herbert -- Capital Title Agency
Neal Klein Construction Corp -- Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sovich Stephen $300,000
Previous Owner Jimenez Carlos $245,600
Previous Owner Lakritz Arnold Herbert $100,000
Closed Jimenez Carlos $32,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2019 06/13/19 Sold $500,000 -7.4% $213 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $539,900 -- $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 $4,945 $102,497 -- --
2024 $4,814 $111,118 -- --
2023 $4,814 $78,452 $0 $0
2022 $4,727 $64,026 $13,864 $50,162
2021 $4,803 $62,111 $12,724 $49,387
2020 $4,803 $0 $0 $0
2019 $4,757 $0 $0 $0
2018 $4,541 $0 $0 $0
2017 $4,585 $0 $0 $0
2016 $4,524 $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: 519618

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-24-443