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340 Rainbow Lane

340 Rainbow Lane, Sedona, AZ 86351
Property in Yavapai
Sold Nov 29, 2016
$1,500,000
$1,125,000 by Finance Of America Mortgage Ll
Mortgage Due Dec 01, 2046
340 Rainbow Lane in Sedona, AZ was first built in 1988 and is 36 years old. This has been categorized as a residential property type. It is a single story home. 340 Rainbow Lane has 3,958 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 113,692 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 555 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 340 Rainbow Lane was last sold in Nov 4, 2016 for $1,500,000. According to our calculations, that's $332.37 per sqft. Current property owners are expected to pay $7,847 in taxes per year. The property on 340 Rainbow Lane was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $210,088. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: A
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 555
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 113,692
  • Total Building Area: 4,513
  • Gross Building Area: 4,513
  • Building Area: 3,958
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,958
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RED ROCK CROSSING EST SUB
  • Land Acres: 2.61
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RED ROCK CROSSING EST SUB 2.61AC LOT 12 379/223

Ownership

  • Current Owner : AIRD PAUL R
  • Current Owner 2: MILLER DAWN M
  • Previous Owner : LYONS WILLIAM H
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Sedona-Oak Creek Joint Unified District
  • Census Tract: 001704

Geography

  • Assessors Map Reference: 2617N05E
  • Account Number: 408180123
  • Parcel: 408-18-012
  • Lot: 12
  • Meridian: SEC 26 TWN 17 RNG 05E
  • Latitude: 34.8223
  • Longitude: -111.812

    Address

  • Full Address: 340 Rainbow Ln
  • Address - House Number: 340
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Sedona
  • Carrier Code: R003
  • 4-Digit Zip Code: 9520
  • Zip Code: 86351

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,847
  • Tax Rate Code Area: 0970

    Appraisal Valuation

  • Standard Deviation: 0.3631
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 27
  • Final Value: 1,592,664
  • High Value: 2,171,042
  • Low Value: 1,014,285

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,125,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Nov 29, 2016
  • First Open Lien Mortgage Loan Amount: $1,125,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2046

    Market Valuation

  • Market Total Value: $2,100,879
  • Market Land Value: $606,594
  • Market Improvement Value: $1,494,285

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $210,088

    Sales

  • Current Sale Contract Date: Nov 04, 2016
  • Current Sale Recording Date: Nov 29, 2016
  • Current Sale Transaction ID: 1878319835
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-0060108

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Nov 29, 2016
  • First Mortgage Loan Amount: $1,125,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2046

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 340 Rainbow Lane located in?
The 340 Rainbow Lane is a located in the neighborhood of Yavapai in Yavapai, Sedona.
What is the average sales price for listings in 340 Rainbow Lane?
The average sales price for units in 340 Rainbow Lane is $0 currently.

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