NOT LISTED FOR SALE

3859 Portofino Way Unit 9 Sedona, AZ 86336

Estimated Value: $830,000 - $895,000

2 Beds
2 Baths
1,842 Sq Ft
$895/mo HOA Fee

Last Sold November 22, 2024

Last sale price $840,000 $456 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,072/month

175 Days on Market

Highlights

  • Views of Red Rock
  • Open Floorplan
  • Clubhouse
  • Gated Community
  • Atrium Room
  • Covered Deck

About This Home

As of November 2024

Exceptional opportunity to live in the prestigious Park Place complex complete with private, gated courtyard & expansive entry ways. Located on the second floor, (no stairs), the home has unobstructed VIEWS to Boynton Canyon. Excellent reflective light on the canyon walls provide take - away moments. This rare residence insures privacy and upgraded amenities. Patios are accessible from all living areas and bring the outside in. Underground two-car garage parking, together with storage unit, has elevator access. Sedona's best amenities are within 10 minutes and surrounded by some of the worlds best hiking trails. Award winning Don Wood's design.

Last Listed By

Dennis Tribble

Redstone Properties, Inc. License #BR004057000 Listed on: 04/29/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,914

Year Built

  • Built in 2006

Lot Details

  • Drip System Landscaping
  • Irrigation

HOA Fees

  • $895 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Property Views

  • Red Rock
  • Panoramic
  • City
  • Mountain

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Rolled or Hot Mop Roof
  • Stucco
  • Stone

Interior Spaces

  • 1,842 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Vertical Blinds
  • Window Screens
  • Great Room
  • Combination Dining and Living Room
  • Atrium Room
  • Alarm System

Kitchen

  • Breakfast Bar
  • Built-In Electric Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Doors

Outdoor Features

  • Covered Deck
  • Covered patio or porch
  • Outdoor Water Feature
  • Built-In Barbecue

Utilities

  • Refrigerated Cooling System
  • Hot Water Heating System
  • Separate Meters
  • Underground Utilities
  • Private Water Source
  • Hot Water Circulator
  • Natural Gas Water Heater
  • Water Softener
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 40811451

Community Details

Overview

  • Park Place Subdivision

Amenities

  • Clubhouse

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,914

Year Built

Built in 2006

Lot Details

0

HOA Fees

$895 per month

Listing Details

  • Appliances Included: Built-In Electric Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Dryer Hookup, Electric Oven, Microwave, Refrigerator, Washer, Washer Hookup, Water Softener
  • Association Fee Frequency: Quarterly
  • Association Fees: 2686.00
  • Cooling: Ceiling Fan(s), Refrigeration/Centrl
  • External Amenities: Built-in BBQ, Community Club House, Covered Deck, Covered Patio(s), Gutters, Landscaping, Open Deck, Sprinkler/Drip, Water Features
  • Floor Plan: Open/Modern, Split Bedroom
  • Floors: Carpet, Stone
  • Handicap Features: Doorway
  • Internal Amenities: Atrium, Bar/Wet Bar, Elevator, Fire Sprinklers, Recirculating HotWtr, Security, Smoke Detector
  • Irrigation: Sprinkler
  • Pet Privileges: Domestics
  • Roof Materials: Rolled/Hot Mop, Tile
  • Total Number Of Rooms: 5
  • Utilities Included: 220, Cable TV, Electricity, Individual Meter, Natural Gas, Private Water, Sewer (Public), Telephone, Underground
  • Property Sub Type: Condominium
  • Association Fees Type: Subdivision
  • Assessor Parcel Number: 40811451
  • Amount of Taxes: 3914.00
  • Estimated Total Sq Ft: 1842.00
  • Total Bathrooms: 2.00
  • Lot Acreage: 0.02
  • Year Built: 2006
  • Directions: West 89A to Park Place.
  • Special Features: None

Interior Features

  • Fireplace: Gas
  • Master Bed.: Primary on Main Level, Separate Tub/Shower, Walk in Closet, With Bath
  • Heating: Hot Water
  • Basement YN: No
  • Construction: Frame - Wood, Stone, Stucco
  • Dining Room Features: Living/Dining Combo
  • Flood Zone: Verify
  • Foundation: Slab
  • Kitchen Features: Breakfast Bar, Gas, Island, Pantry
  • Levels: Single Level
  • Living Room Features: Ceiling Fan, Great Room
  • Location: Gated Community, Mountain Views, Red Rock, View
  • Other Rooms: Laundry
  • Parking: 2 Car
  • Property Type: Residential
  • Road Access: City, Paved, Private
  • Road Maintenance: City Maintained, Privately Maintained
  • Views: City, Mountains, Panoramic, Red Rocks/Boulders
  • Water Heater: Natural Gas
  • Window Coverings: Horizontal Blinds, Vertical Blinds
  • Subdivision: Park Place

Exterior Features

  • Windows: Double Glaze, Screens

Lot Info

  • LANDLEASE: No

Tax Info

  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Nov 12, 2024
Sold by
Olson Survivors Trust and Olson Sonja A
Bought by
Gautham Jain & Uma Vel Trust and Jain
Seller's Agent
Dennis Tribble
Redstone Properties, Inc.
Buyer's Agent
Meagan Mullins
eXp Realty, LLC
List Price
$879,000
Sold Price
$840,000
Premium/Discount to List
-$39,000
-4.44%
Total Days on Market
175
Views
192
Current Estimated Value
$867,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,433
Avg. Annual Appreciation
7.95%
Original Mortgage
$504,000
Outstanding Balance
$501,616
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$365,817

Purchase Details

Closed on
Jul 7, 2020
Sold by
Olson Sonja A
Bought by
Olson Sonja A

Range of Values:

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Average Value
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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
Gautham Jain & Uma Vel Trust $840,000 Yavapai Title Agency
Olson Sonja A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gautham Jain & Uma Vel Trust $504,000
Previous Owner Olson Sonja A $302,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $840,000 -4.4% $456 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $879,000 +4.6% $477 / Sq Ft
09/18/2024 09/18/24 Off Market $840,000 -- --
09/03/2024 09/03/24 Pending -- -- --
06/02/2024 06/02/24 For Sale $879,000 0.0% $477 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
04/29/2024 04/29/24 For Sale $879,000 +58.4% $477 / Sq Ft
09/19/2018 09/19/18 Sold $555,000 -1.8% $301 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
07/21/2018 07/21/18 Price Changed $565,000 -2.6% $307 / Sq Ft
04/23/2018 04/23/18 For Sale $579,900 +20.8% $315 / Sq Ft
04/14/2016 04/14/16 Sold $480,000 -12.6% $261 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
07/17/2015 07/17/15 For Sale $549,000 +14.4% $298 / Sq Ft
03/12/2015 03/12/15 Sold $480,000 +1.1% $261 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $475,000 +19.3% $258 / Sq Ft
04/06/2012 04/06/12 Sold $398,000 -5.0% $216 / Sq Ft
03/23/2012 03/23/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $419,000 -- $227 / Sq Ft
Source: Sedona Verde Valley Association of REALTORS®

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
2024 $4,014 -- -- --
2023 $4,014 $74,770 $12,780 $61,990
2022 $3,838 $60,042 $11,000 $49,042
2021 $3,940 $13,415 $13,415 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Sedona Verde Valley Association of REALTORS®

MLS Number: 535967

Sedona Verde Valley Association of REALTORS®

APN: 408-11-451A