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Heber-Overgaard 85933
3349 CEDAR Drive
Photo of 3349 CEDAR Drive
Sold on Jan 20, 2020

28

Map

Photo of 3349 CEDAR Drive
Photo of 3349 CEDAR Drive
$275,000
● House - Off Market

3349 CEDAR Drive

Overgaard, AZ 85933
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,040 Ft²
$407,825
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

A great site built home in the mountains. This 3 bedroom 2 bath, open floor plan home has plenty of room for everyone. The large kitchen has plenty of storage as well as a breakfast bar. The three car garage has plenty of space for all your needs and is wired for 220 to use as a shop. Located in a quiet neighborhood just minutes from national forest, this is a great place to watch the elk, deer, and other wildlife. Front deck, back patio, fireplace, and much more.
Unit Size
2,040 Ft²
Days on Market
-
Land Size
1.15 acres
Price per sqft
$137
Property Type
House
Property Taxes
$155
HOA Dues
-
Year Built
1997

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 days ago (ARMLS #6009484)

Price History

Date / Event Date Event Price
Jan 16, 2020 Sold
Premium
Sold
Nov 27, 2019 Listed by Tenney Properties $279,900
Listed by Tenney Properties
Aug 25, 2015 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 595
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,094
  • Total Building Area: 2,040
  • Gross Building Area: 2,040
  • Building Area: 2,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 2,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ZANE GREY ACRES
  • Land Acres: 0000001150
  • Standard Land Use Code: 1008
  • County Land Use Code: 0133
  • Legal Description 1: ZANE GREY ACRES #2 LOT 141

Neighborhood

  • School District Name: Heber-Overgaard Unified District
  • Census Tract: 963700

Zoning

  • Zoning: R1-10

Geography

  • Parcel: 206-11-139
  • Lot: 141
  • Meridian: SEC 21 TWN 12N RNG 17E
  • Latitude: 34.4236
  • Longitude: -110.544

    Address

  • Full Address: 3349 Cedar Dr
  • Address - House Number: 3349
  • Address - Street Name: Cedar
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Overgaard
  • Carrier Code: R777
  • 4-Digit Zip Code: 5063
  • Zip Code: 85933

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $221,802
  • Tax Rate Code Area: 0607

    Appraisal Valuation

  • Standard Deviation: 0.2764
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 60
  • Final Value: 502,714
  • High Value: 641,672
  • Low Value: 363,756

    Market Valuation

  • Market Total Value: $498,159
  • Market Land Value: $58,902
  • Market Improvement Value: $439,257

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $49,816
  • Assessed Land Value: $5,890
  • Assessed Improvements Value: $43,926

    Sales

  • Current Sale Contract Date: Jan 10, 2020
  • Current Sale Recording Date: Jan 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-00745
  • Previous Sale Recording Date: Aug 25, 2015
  • Previous Sale Contract Date: Jun 30, 2015
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Heber-Overgaard

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$284

Below Asking

0.04%

Average Days on Market

128

Average Home Size

1573 ft²

Average Home Age

30.8 years

Currently For Sale

33 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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ARMLS

Listed by: June Call, Tenney Properties
Last Updated: 2 days ago
Data Source: ARMLS, MLS# 6009484
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 3349 Cedar Drive built and last sold?
The property at 3349 Cedar Drive was built in 1997 and last sold on Jan 10, 2020 for $275,000.
How much is this home worth?
The estimated value of the home located at 3349 Cedar Drive is $298,220.
What are some comparable homes to 3349 Cedar Drive?
There are currently no comparable homes to 3349 Cedar Drive.
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