NOT LISTED FOR SALE

Estimated Value: $1,051,000 - $1,299,000

Studio
-- Bath
2,493 Sq Ft
$463/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $1,060,000 $425 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,269/month

234 Days on Market

Highlights

  • Central Air
  • Carpet
  • Heat Pump System
  • Manuel Demiguel Elementary School Rated A-

About This Home

As of August 2024

Rare opportunity to own a Muti-Family Investment Property located at the end of a quiet cul-de-sac with no HOA located in the heart of Sedona. An active, successful short term rental in gorgeous, idyllic greenbelt setting of Oak Creek only a short drive from Tlaquepaque, chic restaurants, coffee houses and galleries. 2020 improvements include new roof, new HVAC in all units, remodel of all baths and kitchens plus new appliances, new floors in Units A, B, C. Each unit has its own deck/patio and washer/dryer. Unit A has 2.5 bedrooms/1.5 baths and sleeps 5. Unit B has 1.5 bedroom/1 bath sleeps 4, Unit C has 1 bedroom, 1 living room and 1 bath and sleeps 4. There is additional space of 300 sf part of Unit C (same meter) that Is currently used as storage. City approved multi-family use.

Last Agent to Sell the Property

Katrin Themlitz

Russ Lyon Sotheby's International Realty License #SA547754000 Listed on: 12/17/2023

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Mitchell Maier

RE/MAX Sedona License #SA682022000

RE/MAX Sedona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,616

Year Built

  • Built in 1980

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Vinyl

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • 3 Units
  • Trails End Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 40126029h

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,616

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R-3/6000
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2023
  • Subdivision Name: Trails End
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • 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, Brick
  • Roof: Composition

Utilities

  • Electric: Individual Meter
  • Cooling: Central Air
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Heat Pump2: Yes

Association/Amenities

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

Lot Info

  • Parcel #: 40126029h

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2616.0
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2021
Sold by
Nrv969 Properties Llc
Bought by
Gutierrez Alejandro and Closa Beatriz
Current Estimated Value
$1,155,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$297,304
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$857,900

Purchase Details

Closed on
Apr 22, 2021
Sold by
Nrv969 Properties Llc
Bought by
Gutierrez Alejandro and Closa Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$297,304
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$857,900

Purchase Details

Listed on
Oct 8, 2019
Closed on
Jan 8, 2020
Sold by
Jb Sb 2002 Property Llc
Bought by
Nrv 969 Properties Llc
Seller's Agent
Brian Dante
RE/MAX Sedona
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$498,000
Sold Price
$469,000
Premium/Discount to List
-$29,000
-5.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.33%

Purchase Details

Closed on
Dec 19, 2003
Sold by
Beeler Joe N and Beeler Sharon A
Bought by
Jb-Sb 2002 Property Llc
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
Gutierrez Alejandro -- Yavapai Title Agency Inc
Gutierrez Alejandro -- New Title Company Name
Nrv 969 Properties Llc $469,000 Pioneer Title Agency Inc
Jb-Sb 2002 Property Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Alejandro $330,000
Closed Gutierrez Alejandro $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2024 08/08/24 Sold $1,060,000 -33.5% $425 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
12/17/2023 12/17/23 For Sale $1,595,000 +240.1% $640 / Sq Ft
01/22/2020 01/22/20 Sold $469,000 -5.8% $188 / Sq Ft View Prior Sale
01/06/2020 01/06/20 Pending -- -- --
10/08/2019 10/08/19 For Sale $498,000 -- $200 / 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 $2,749 $79,242 -- --
2024 $2,749 $78,737 -- --
2023 $2,616 $55,038 $0 $0
2022 $2,523 $44,204 $0 $0
2021 $2,446 $42,717 $0 $0
2020 $2,408 $39,155 $0 $0
2019 $2,340 $29,699 $0 $0
2018 $2,298 $28,215 $0 $0
2017 $2,304 $27,267 $0 $0
2016 $2,304 $26,304 $0 $0
2015 $2,169 $27,088 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 534783

Arizona Regional Multiple Listing Service (ARMLS)

APN: 401-26-029H