NOT LISTED FOR SALE

0 E Orillo Oeste -- E Unit '-' 5725785 Cave Creek, AZ 85331

Estimated Value: $714,000 - $765,000

7.78 Acres
$95,051 Price per Acre
338,897 Sq Ft Lot

Last Sold January 31, 2020

Last sale price $448,500

Est. 65% increase in value since last sale

Current estimated payment $4,069/month

699 Days on Market

Highlights

  • Horses Allowed On Property
  • City Lights View
  • 7.78 Acre Lot
  • Black Mountain Elementary School Rated A-
  • Waterfront
  • River Nearby

About This Lot

As of January 2020

THIS ESTATE HAS IT ALL:CREEK FRONTAGE,PREMIUM ELEVATED BUILDING SITE,CITY LIGHTS & MOUNTAIN VIEWS, INCREDIBLE VEGETATION,PAVED CUL-DE-SAC DRIVE,AND ACRES OF FLAT LEVEL LAND WITH FEW ROCKS (USED TO BE A FARM) 3 BLOCKS TO CAVE CREEK REGIONAL PARK & GO JOHN TRAIL. WATER,GAS,ELECTRIC AND TELEPHONE ON PROPERTY.MINUTES TO MAJOR SHOPPING YET VERY SECLUDED.LOW DENSITY AREA OF MILLION $ HOMES. EASY ACCESS TO CAVE CREEK RD, CAREFREE.HWY & I-17. WATER METER SET AND UTILITIES PAID FOR,BUYER TO VERIFY THIS AND AMOUNT OF IMPACT FEES,IF ANY. DIRECTIONS CONTINUED: PROCEED ABOUT 200 FEET TO PRIVATE ROAD SIGN ON RIGHT AND ELECTRIC BOX ON LEFT. THIS IS THE SOUTH BOUNDARY, PROPERTY IS ON BOTH SIDES OF PAVED ROAD.

Last Agent to Sell the Property

Thomas Adam

Tom Adam Realty, Inc. License #BR003552000 Listed on: 06/30/2018

Last Buyer's Agent

Thomas Adam

Tom Adam Realty, Inc. License #BR003552000 Listed on: 06/30/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,848

Lot Details

  • 7.78 Acre Lot
  • Waterfront
  • Partially Fenced Property
  • Property is zoned DR-190

Schools

  • Black Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Additional Features

  • City Lights Views
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 211-16-016

Community Details

Overview

  • No Home Owners Association

Recreation

  • River Nearby

Property Details

Property Type

Land

Est. Annual Taxes

$1,848

Lot Details

0

Listing Details

  • Cross Street: CAVE CREEK ROAD AND CAREFREE HIGHWAY
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Off Site Imp Complte
  • Topography: Existing Wash(s), Hillside, Level
  • Zoning: DR-190
  • Tax Year: 2018
  • Directions: N.ON CAVE CREEK,W.ON NEW RIVER TO CANYON CREEK,RIGHT ON CANYON CREEK THEN BEAR LEFT. CROSS CREEK TO THE ORILLO OESTE SIGN AND TURN RIGHT (NORTH) (CONTINUED AT BOTTOM OF PUBLIC REMARKS SECTION)
  • Horses: Yes
  • Lot Size Acres: 7.78
  • Road Surface Type: Asphalt, Private Street
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Ranch

Exterior Features

  • Fencing: Partial
  • Lot Features: Waterfront, City Light View(s), Adjacent to Wash, Adjacent to Rvr/Strm
  • Disclosures: Seller Prop Disc Stm, Boundary Survey Avlb
  • Other Structures: None
  • Land Features:Waterfront: Yes

Utilities

  • Electric: APS, Underground, Individual Meter
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: IRREGULAR
  • Lot Size Sq Ft: 338927.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 211-16-016
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1848.0
  • Tax Book Number: 211.00
  • Tax Lot: 0
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2020
Sold by
Kummerle Richard and Kummerle Anne
Bought by
Granite Real Estate Llc
Current Estimated Value
$739,500

Purchase Details

Listed on
Jun 30, 2018
Closed on
Jan 27, 2020
Sold by
Indes Maura
Bought by
Kummerle Richard and Kummerle Anne
Seller's Agent
Thomas Adam
Tom Adam Realty, Inc.
Buyer's Agent
Thomas Adam
Tom Adam Realty, Inc.
List Price
$975,000
Sold Price
$448,500
Premium/Discount to List
-$526,500
-54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%

Purchase Details

Closed on
Jan 16, 2019
Sold by
Adam Thomas and Indes Maura
Bought by
Indes Maura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 1997
Sold by
Tom Adam Realty Inc
Bought by
Indes Maura

Purchase Details

Closed on
Jul 11, 1994
Sold by
Wait Charles E and Wait Carolyn J
Bought by
Tom Adam Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,400
Interest Rate
8.57%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Granite Real Estate Llc -- None Available
Kummerle Richard $448,500 American Title Svc Agcy Llc
Indes Maura -- American Title Service Agenc
Indes Maura -- --
Tom Adam Realty Inc $215,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Indes Maura $100,000
Previous Owner Tom Adam Realty Inc $189,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $448,500 -4.5% --
01/17/2020 01/17/20 Pending -- -- --
01/07/2020 01/07/20 Price Changed $469,650 -1.3% --
12/14/2019 12/14/19 Price Changed $475,850 -0.8% --
11/19/2019 11/19/19 Price Changed $479,850 -1.4% --
09/20/2019 09/20/19 Price Changed $486,750 -2.6% --
03/09/2019 03/09/19 Price Changed $499,750 -3.8% --
02/15/2019 02/15/19 Price Changed $519,750 -2.8% --
01/08/2019 01/08/19 Price Changed $534,900 -5.2% --
12/05/2018 12/05/18 Price Changed $564,000 -12.8% --
11/26/2018 11/26/18 Price Changed $647,000 -18.6% --
10/24/2018 10/24/18 Price Changed $795,000 -18.5% --
06/30/2018 06/30/18 For Sale $975,000 0.0% --
06/30/2018 06/30/18 Price Changed $975,000 +117.4% --
05/02/2018 05/02/18 Off Market $448,500 -- --
03/06/2018 03/06/18 Price Changed $1,489,000 -20.6% --
02/17/2018 02/17/18 For Sale $1,875,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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
2025 $1,917 $41,484 $41,484 --
2024 $1,816 $39,509 $39,509 --
2023 $1,816 $67,260 $67,260 $0
2022 $1,780 $53,295 $53,295 $0
2021 $1,942 $35,460 $35,460 $0
2020 $1,910 $36,525 $36,525 $0
2019 $1,856 $39,780 $39,780 $0
2018 $1,793 $43,530 $43,530 $0
2017 $1,735 $60,090 $60,090 $0
2016 $1,729 $47,310 $47,310 $0
2015 $1,735 $34,240 $34,240 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5725785

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-16-016