NOT LISTED FOR SALE

3871 Portofino Way Unit 8 Sedona, AZ 86336

Estimated Value: $954,000 - $1,082,000

2 Beds
2 Baths
2,042 Sq Ft
$971/mo HOA Fee

Last Sold November 06, 2024

Last sale price $970,000 $475 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,894/month

38 Days on Market

Highlights

  • Views of Red Rock
  • Open Floorplan
  • Contemporary Architecture
  • Gated Community
  • Covered Deck
  • Cathedral Ceiling

About This Home

As of November 2024

Comfort, style, convenience: Luxury Penthouse apartment in one of the original Park Place buildings designed by award winning architect Don Woods. - Securely located in a double gated building, this private unit (no neighbor above or next to it) features some of the biggest panoramic Red Rock Views Sedona has to offer. Gently used as a second home this larger unit offers a front of windows to take in the breathtaking views, hardwood flooring throughout, Viking appliances, granite countertops, Kohler plumbing fixtures, a gas fireplace, a state of the art security system, and a large view terrace that invites the all year round Sedona indoor/outdoor lifestyle. 2 parking spaces in the easily accessible underground garage and a private storage room belong to the apartment.

Last Listed By

Gila Hager-Sherman

Russ Lyon Sotheby's Intl Rlty License #BR540316000 Listed on: 09/06/2024

Russ Lyon Sotheby's Intl Rlty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,368

Year Built

  • Built in 2006

Lot Details

  • Drip System Landscaping
  • Landscaped with Trees

HOA Fees

  • $971 Monthly HOA Fees

Property Views

  • Red Rock
  • Panoramic
  • Mountain

Home Design

  • Contemporary Architecture
  • Southwestern Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Stem Wall Foundation
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,042 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Shades
  • Shutters
  • Window Screens
  • Great Room
  • Combination Kitchen and Dining Room
  • Storage Room
  • Alarm System

Kitchen

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

Flooring

  • Wood
  • Tile

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

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Covered Deck
  • Outdoor Water Feature

Utilities

  • Refrigerated Cooling System
  • Separate Meters
  • Underground Utilities
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 40811450a

Community Details

Overview

  • Park Place Subdivision

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,368

Year Built

Built in 2006

Lot Details

0

HOA Fees

$971 per month

Listing Details

  • Style: Contemporary, Southwest
  • Appliances Included: Built-In Electric Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Oven, Microwave, Refrigerator, Washer
  • Association Fee Frequency: Monthly
  • Association Fees: 971.11
  • Cooling: Ceiling Fan(s), Refrigeration/Centrl
  • External Amenities: Covered Deck, Landscaping, Open Deck, Sprinkler/Drip, Water Features
  • Floor Plan: Great Room, Open/Modern, Split Bedroom
  • Floors: Tile, Wood
  • Internal Amenities: Fire Sprinklers, Garage Door Opener, Security, Smoke Detector
  • Pet Privileges: Domestics
  • Roof Materials: Tile
  • Total Number Of Rooms: 6
  • Utilities Included: Cable TV, Electricity, Individual Meter, Natural Gas, Public Water, Sewer (Public), Telephone, Underground
  • Property Sub Type: Condominium
  • Association Fees Type: Homeowners
  • Assessor Parcel Number: 40811450a
  • Amount of Taxes: 5368.00
  • Estimated Total Sq Ft: 2042.00
  • Total Bathrooms: 2.00
  • Lot Acreage: 0.02
  • Year Built: 2006
  • Directions: State Route 89A to Park Place across from Bristlecone Pines Rd. Call office for gate code. Building slightly to left in back.
  • Special Features: None

Interior Features

  • Fireplace: Gas
  • Master Bed.: Separate Tub/Shower, Walk in Closet, With Bath
  • Basement YN: No
  • Construction: Brick, Frame - Wood, Stucco
  • Dining Room Features: Kitchen/Dining Combo
  • Flood Zone: Verify
  • Foundation: Slab, Stem Wall
  • Kitchen Features: Breakfast Bar, Breakfast Nook, Commercial Grade, Gas, Island, Pantry
  • Levels: Level Entry, Single Level
  • Living Room Features: Cathedral Ceiling, Ceiling Fan, Great Room
  • Location: Gated Community, Mountain Views, Red Rock, Trees, View
  • Other Rooms: Laundry, Storage
  • Parking: 2 Car, Off Street
  • Property Type: Residential
  • Road Access: City, Paved
  • Road Maintenance: By Subdivision, Privately Maintained
  • Views: Mountains, Panoramic, Red Rocks/Boulders
  • Water Heater: Natural Gas
  • Window Coverings: Interior Shutter, Pleated Shades
  • 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
Sep 6, 2024
Closed on
Oct 28, 2024
Sold by
Lanphear Family Trust and Lanphear Judy A
Bought by
Herrington Tracey Wynne and Sager Mark Douglas
Seller's Agent
Gila Hager-Sherman
Russ Lyon Sotheby's Intl Rlty
Buyer's Agent
Meagan Mullins
eXp Realty, LLC
List Price
$999,000
Sold Price
$970,000
Premium/Discount to List
-$29,000
-2.9%
Total Days on Market
38
Views
42
Current Estimated Value
$994,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,370
Avg. Annual Appreciation
5.54%

Purchase Details

Listed on
Oct 19, 2022
Closed on
Feb 14, 2023
Sold by
Hart Stuart B and Hart Victoria A
Bought by
Lanphear Family Trust
Seller's Agent
Karen Dunlap
Coldwell Banker Realty
Buyer's Agent
Gila Hager-Sherman
Russ Lyon Sotheby's Intl Rlty
List Price
$895,000
Sold Price
$835,000
Premium/Discount to List
-$60,000
-6.7%
Views
212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%

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
Herrington Tracey Wynne $970,000 Yavapai Title Agency
Herrington Tracey Wynne $970,000 Yavapai Title Agency
Lanphear Family Trust $835,000 Yavapai Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Sold $970,000 -2.9% $475 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $999,000 +19.6% $489 / Sq Ft
02/21/2023 02/21/23 Sold $835,000 -6.7% $409 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
10/19/2022 10/19/22 For Sale $895,000 +50.4% $438 / Sq Ft
09/26/2018 09/26/18 Sold $595,000 -0.8% $291 / Sq Ft
07/29/2018 07/29/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $599,900 -- $294 / 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 $4,479 -- -- --
2023 $4,479 $83,581 $12,780 $70,801
2022 $4,282 $67,011 $11,000 $56,011
2021 $4,396 $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: 537044

Sedona Verde Valley Association of REALTORS®

APN: 408-11-450A