NOT LISTED FOR SALE

Lake Montezuma, AZ 86335

Lake Montezuma Neighborhood

Estimated Value: $20,000 - $258,000

0.21 Acre
$661,905 Price per Acre
9,148 Sq Ft Lot

Last Sold March 24, 2021

Last sale price $7,000

Est. 1,886% increase in value since last sale

Current estimated payment $741/month

293 Days on Market

Highlights

  • Panoramic View
  • Cul-De-Sac
  • Level Lot

About This Lot

As of March 2021

INVESTORS, INVESTORS, INVESTORS! This multi-family zoned .21 acre lot is the perfect income opportunity! Easily build apartments, duplex or triplex for commuters looking to work in Sedona/Verde Valley but not wanting to pay the high prices to live there! Lot is flat with existing electricity, water and phone. Designated wash already on property to direct rainwater flow, makes lot maintenance incredibly EASY! Price was recently reduced 3K - motivated seller! Adjoining property is also for sale. Refer to MLS#520599, 4340 E Beaver Creek Road.
Only 20 minute drive to Sedona, 45 mins to Flagstaff, 60 to Prescott and 90 to Phoenix.

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 05/12/2020

Co-Listed By

Hunter Rauch

Chambers Realty Group License #SA646042000

Last Buyer's Agent

Hunter Rauch

Chambers Realty Group License #SA646042000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $107

Lot Details

  • 9,148 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot
  • Property is zoned R2-3

Property Views

  • Panoramic
  • Mountain

Community Details

  • L Montezuma 1 2 Subdivision

Listing and Financial Details

  • Tax Lot 88
  • Assessor Parcel Number 40525105

Property Details

Property Type

Land

Est. Annual Taxes

$107

Lot Details

0

Listing Details

  • Legal Info Range: 88
  • Property Type: Land
  • Topography: Level
  • Zoning: R2-3
  • Tax Year: 2018
  • Lot Size Acres: 0.21
  • Road Surface Type: Gravel
  • Co List Office Mls Id: cham001
  • Co List Office Phone: 928-718-2020
  • Subdivision Name: L Montezuma 1 - 2
  • View:Mountain View(s): Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac
  • View: Mountain(s), Panoramic
  • Other Structures: None
  • View:Panoramic: Yes

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 40525105

Tax Info

  • Tax Annual Amount: 97.0
  • Tax Lot: 88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Mar 17, 2021
Sold by
Behmer Robert R and Behmer Gail M
Bought by
Swope Stan and Swope Michelle
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Hunter Rauch
Chambers Realty Group
List Price
$12,000
Sold Price
$7,000
Premium/Discount to List
-$5,000
-41.67%
Current Estimated Value
$139,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,000
Avg. Annual Appreciation
90.42%
Original Mortgage
$5,000
Outstanding Balance
$4,474
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$134,526

Purchase Details

Closed on
Aug 17, 2007
Sold by
Hickman Kurt D
Bought by
Behmer Robert R and Behmer Gail M

Purchase Details

Closed on
Jan 19, 2006
Sold by
Hickman Kurt D and Hickman Katherine
Bought by
Hickman Kurt D and Hickman Ruth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 13, 2004
Sold by
Hickman Kurt and Hickman Katherine
Bought by
Hickman Kurt and Hickman Katherine

Purchase Details

Closed on
May 20, 2003
Sold by
Wright Charles W
Bought by
Hickman Kurt and Hickman James Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,840
Interest Rate
5.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 14, 1999
Sold by
Wilderson Laurence W and Wilderson W L
Bought by
Wright Charles W
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
Swope Stan $7,000 Yavapai Title Agency Inc
Behmer Robert R $25,000 Transnation Title Ins Co
Hickman Kurt D -- Transnation Title Ins Co
Hickman Kurt D -- Transnation Title Ins Co
Hickman Kurt D -- None Available
Hickman Kurt -- --
Hickman Kurt $7,600 Chicago Title Insurance Co
Wright Charles W $1,500 First American Title
Wilderson Laurence W -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swope Stan $5,000
Previous Owner Hickman Kurt D $80,000
Previous Owner Hickman Kurt $6,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2021 03/24/21 Sold $7,000 -41.7% --
03/01/2021 03/01/21 Pending -- -- --
05/12/2020 05/12/20 For Sale $12,000 -- --
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 $107 -- -- --
2024 $104 -- -- --
2023 $104 $1,418 $1,418 $0
2022 $108 $859 $859 $0
2021 $105 $1,043 $1,043 $0
2020 $102 $0 $0 $0
2019 $101 $0 $0 $0
2018 $97 $0 $0 $0
2017 $119 $0 $0 $0
2016 $115 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Historical Agent - SVV

    Historical Listings - SVV

  • Hunter Rauch

    Seller Co-Listing Agent in 2021

    Hunter Rauch

    Chambers Realty Group

    (928) 301-1650

    90 in this area

    262 Total Sales

    Hunter Rauch
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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 519811

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-25-105

Arizona Yavapai County Lake Montezuma 86335

Lake Montezuma

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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