NOT LISTED FOR SALE

000 N Old Way W Unit 5k Cave Creek, AZ 85331

Boulders Neighborhood

Estimated Value: $1,523,000 - $2,275,000

1.11 Acres
$1,824,076 Price per Acre
48,352 Sq Ft Lot

Last Sold August 02, 2017

Last sale price $176,000

Est. 1,050% increase in value since last sale

Current estimated payment $11,641/month

94 Days on Market

Highlights

  • Mountain View
  • Black Mountain Elementary School Rated A-
  • No HOA

About This Lot

As of August 2017

North South facing lot looking at Black Mtn, County taxes with city of Scottsdale services, easement on Old West Way for water, gas, electric, phone in Street. Property has alta survey stakes visible.
Easement in access street for installation of water line. See Documents. Also have letter from city that allows for size of water line to be only what you need 1'' maybe 1.25 ''.

Last Agent to Sell the Property

Mark Richmond

Mark Richmond License #BR528252000 Listed on: 04/15/2017

Last Buyer's Agent

Mark Richmond

Mark Richmond License #BR528252000 Listed on: 04/15/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $470

Year Built

  • 2019

Lot Details

  • 1.11 Acre Lot
  • Property is zoned RU43

Property Views

  • Mountain Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 005k
  • Assessor Parcel Number 216-49-005-K

Property Details

Property Type

Land

Est. Annual Taxes

$470

Year Built

2019

Lot Details

0

Listing Details

  • Cross Street: 68TH ST NORTH OF DOVE VALLEY TO OLD WEST WAY
  • Legal Info Range: 5N
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Other (See Rmks), Level
  • Zoning: RU43
  • Tax Year: 2017
  • Directions: Scottsdale Rd west on Ashler Hills North on 68th st go straight on 68th st pass Dove Valley Rd (North of Dove Valley) make 1st left vacant lot on right or north side
  • Lot Size Acres: 1.11
  • Road Surface Type: Asphalt, Treated
  • Subdivision Name: NO SUBDIVISION
  • Tax Parcel Letter: K
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2019

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Mountain View(s)
  • Disclosures: Other (See Rmks), ALTA Survey Alba
  • Other Structures: None

Utilities

  • Electric: Individual Meter
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 205.27 X 235.78
  • Lot Size Sq Ft: 48396.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 216-49-005-K
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 470.0
  • Tax Book Number: 216.00
  • Tax Lot: 005k
  • Tax Map Number: 49.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2021
Sold by
Summers Lawrence William and Summers Donna Marie
Bought by
Betschart Mardy and Betschart Julia
Total Days on Market
94
Current Estimated Value
$2,024,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Outstanding Balance
$1,323,983
Interest Rate
2.93%
Mortgage Type
Commercial
Estimated Equity
$700,741

Purchase Details

Listed on
Apr 15, 2017
Closed on
Jul 20, 2017
Sold by
Richmond Mark and Richmond Nancy
Bought by
Summers Lawrence William and Summers Donna Marie
Seller's Agent
Mark Richmond
Mark Richmond
Buyer's Agent
Mark Richmond
Mark Richmond
List Price
$189,900
Sold Price
$176,000
Premium/Discount to List
-$13,900
-7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.45%

Purchase Details

Closed on
May 16, 2000
Sold by
Olivieri Anthony
Bought by
Richmond Mark and Richmond Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.26%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 23, 2000
Sold by
Oliveri Anthony
Bought by
Richmond Mark and Richmond Nancy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.26%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 5, 1999
Sold by
Richmond Mark and Richmond Nancy R
Bought by
Richmond Mark and Richmond Nancy R

Purchase Details

Closed on
Apr 26, 1999
Sold by
Olivieri Anthony
Bought by
Richmond Mark and Richmond Nancy R

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
6.98%
Mortgage Type
Purchase Money Mortgage
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
Betschart Mardy $1,800,000 Great American Ttl Agcy Inc
Summers Lawrence William $176,000 First American Title Insuran
Richmond Mark $60,000 Security Title Agency
Richmond Mark -- Security Title Agency
Richmond Mark -- Security Title Agency
Richmond Mark $150,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Betschart Mardy $1,440,000
Previous Owner Richmond Mark $400,000
Previous Owner Richmond Mark $100,000
Closed Richmond Mark $52,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2017 08/02/17 Sold $176,000 -7.3% --
07/17/2017 07/17/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $189,900 -- --
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 $3,815 $82,579 -- --
2024 $3,764 $78,647 -- --
2023 $3,764 $118,180 $23,630 $94,550
2022 $3,690 $106,470 $21,290 $85,180
2021 $3,422 $98,150 $19,630 $78,520
2020 $3,373 $94,900 $18,980 $75,920
2019 $505 $16,590 $16,590 $0
2018 $488 $23,460 $23,460 $0
2017 $472 $17,715 $17,715 $0
2016 $470 $14,445 $14,445 $0
2015 $472 $12,032 $12,032 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mark Richmond

    Mark Richmond

    (602) 679-1699

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5591319

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-49-005K

Arizona Maricopa County Cave Creek 85331 Boulders

000 N Old Way W Unit 5k, Cave Creek, AZ

This home is located at 000 N Old Way W Unit 5k, Cave Creek, AZ 85331 since 15 April 2017 and is currently estimated at $2,024,724. This property was built in 2019. 000 N Old Way W Unit 5k is a home located in Maricopa County with nearby schools including Black Mountain Elementary School, Cactus Shadows High School, and Sonoran Trails Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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