50 Chaparral Dr, Sedona, AZ 86351

Studio-- baths2,288 sqft Edit

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Sold: $255,000
Sold on 12/29/13
Zestimate®: $360,511
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My Notes

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Turnkey Income Producer Fully Rented!! Located in the heart of Sedona's Village of Oak Creek this triplex in excellent condition is returning over 7.0% annually, the only one of it's kind in the area with this return. All three units have new heat pumps installed in 2010, composition shingle roof new as well, appliances are all new or in good condition. Unit #1 has private deck, fireplace in living room, large storage area and private laundry room with full bath and 1 3/4 bath. Units #2 and #3 have private patios and full bathrooms, both units share a laundry room with extra storage for each unit. All leases good through the end of 2013. Property is in excellent condition and will not last long at this price.

Facts

  • Single Family
  • Built in 1979
  • Cooling: Other
  • Heating: Heat pump
  • Last sold: Dec 2013 for $255,000
  • Last sale price/sqft: $111

Features

  • Flooring: Carpet, Tile
  • Parking: Off street, 0 space, 624 sqft

    Appliances Included

    • Garbage disposal
    • Refrigerator

    Construction

    • Construction quality: 6.0
    • Exterior material: Stucco
    • Roof type: Other
    • Stories: 1
    • Structure type: Other
    • Unit count: 3

    Other

    • Floor size: 2,288 sqft
    • Parcel #: 40527453
    • Zillow Home ID: 8770149

    Zestimate Details

    Zestimate
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    $360,511
    -$5,545 Last 30 days
    $332K
    $382K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

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    $1,620/mo
    +$41 Last 30 days
    $1K
    $2K
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    Popularity on Zillow

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    2,154 all-time views
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    385 forecasted views of this home
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    Comparable Homes

    Homes like this sold for $317-437K.

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    Neighborhood

    Market guide

    Zillow predicts 86351 home values will increase 1.9% next year, compared to a 1.7% rise for Sedona as a whole. Among 86351 homes, this home is valued 8.5% less than the midpoint (median) home, and is valued 46.4% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 86351, the number of foreclosures waiting to be sold is 24.5% greater than in Sedona, and 22.2% greater than the national average. This higher local number may prevent 86351 home values from rising as quickly as other regions in Sedona.

    Learn more about forecast calculations or 86351 home values.
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      Nearby Schools in Sedona

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      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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