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FIRST ANSWER
It can vary quite a bit, as it's based on an assessment of value by the county in which it resides (Yavapai or Coconino), which is affected by, among other things, the size of the lot, the size of the home, year built, and other factors. Assessed value and market value are not necessarily the same. For instance, is it a small home in good condition and a 'normal' sale, or is it a large or upscale foreclosure that's been recently stripped of all its fixtures and appliances and being offered at a lowered price for quick sale? For example, a quick (& unscientific) peek at homes in Sedona in that price range shows a tax range from about $1,300+ to $3,600+, though most are probably in the $1,800-$2,100 range. It can take a while for assessments to catch up with changing conditions as well. You should contact the county assessor or ask your Realtor for an exact figure.
Tue Aug 18 2009, 09:12