NOT LISTED FOR SALE

10812 N Cave Creek Rd Phoenix, AZ 85020

North Mountain Village Neighborhood

Estimated Value: $782,486

-- Bed
-- Bath
3,201 Sq Ft
$244/Sq Ft Est. Value

Last Sold January 16, 2024

Last sale price $750,000 $234 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,803/month

177 Days on Market

Highlights

  • 0.34 Acre Lot
  • Central Air
  • Heating Available
  • Shadow Mountain High School Rated A-
  • Concrete Flooring

About This Home

As of January 2024

Excellent retail building, city zoned C-2 has been completely renovated in 2019, 3,200 SF building, with 3 suites each with its own electrical meter (currently occupied), plus secured yard with 480 SF storage, pylon sign, and a total of 25 parking spaces. Easy ingress/egress, strong traffic corridor off Cave Creek Rd & close by proximity to residential neighborhoods. Nearby access to SR-51, I-17 & short distance to Loop 101. Excellent store front property would make it ideal for a convenience store, butcher shop, day care, office suites, restaurant, the possibilities are endless. Buyer to verify all material facts pertaining to business restrictions, require city/business permits etc.

Last Listed By

Arturo Plascencia

West USA Realty License #SA580124000 Listed on: 06/05/2023

West USA Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,733

Year Built

  • Built in 1980

Lot Details

  • 0.34 Acre Lot
  • Block Wall Fence
  • Property is zoned Store Front Com

Home Design

  • 3,201 Sq Ft Home
  • Tilt Up Walls
  • Wood Frame Construction
  • Block Exterior

Flooring

  • Carpet
  • Concrete

Parking

  • 25 Open Parking Spaces
  • 25 Parking Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 159-22-090

Community Details

Overview

  • Harmony Acres Replatted Subdivision

Building Details

  • Operating Expense $5,733
  • Gross Income $50,400
  • Net Operating Income $44,667

Property Details

Property Type

Other

Est. Annual Taxes

$5,733

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Thunderbird Rd / Cave Creek Rd
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: Store Front Com
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2022
  • Directions: South on Cave Creek rd., property on the right.
  • Lot Size Acres: 0.34
  • Road Surface Type: Asphalt
  • Subdivision Name: HARMONY ACRES REPLATTED
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Concrete
  • Living Area: 3201.0

Exterior Features

  • Fencing: Block
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Frame - Wood, Tilt-Up, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Tilt-Up: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 25.0
  • Total Parking Spaces: 25.0
  • General Property Description:Uncvrd Parking Spcs: 25.0
  • General Property Description:Total Parking Spcs: 25.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 14904.0
  • Parcel #: 159-22-090
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 50400.0
  • Property Net Operating Income: 44667.0
  • Annual Operating Expense: 5733.0

Tax Info

  • Tax Annual Amount: 5733.0
  • Tax Book Number: 159.00
  • Tax Lot: 8
  • Tax Map Number: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Jan 16, 2024
Sold by
Nieto Martin
Bought by
Araya Weldu and Araya Merhawit
Seller's Agent
Arturo Plascencia
West USA Realty
Buyer's Agent
Laura O Guinn
Berkshire Hathaway HomeServices Arizona Properties
List Price
$780,000
Sold Price
$750,000
Premium/Discount to List
-$30,000
-3.85%
Total Days on Market
177
Views
49
Current Estimated Value
$782,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,486
Avg. Annual Appreciation
3.32%

Purchase Details

Closed on
Nov 24, 2020
Sold by
Nieto Maria E
Bought by
Nieto Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 11, 2020
Sold by
Werner Eric J
Bought by
Nieto Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 22, 2019
Sold by
Tasev Yanka Diane and Tasev Christopher
Bought by
Werner Eric J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 2005
Sold by
Tasev Fota
Bought by
Tasev Yanka Diane and Tasev Christopher

Purchase Details

Closed on
Mar 10, 2004
Sold by
Tasev Claire
Bought by
Tasev Christopher

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
Araya Weldu $750,000 First Integrity Title Agency O
Nieto Martin -- Empire West Title Agency Llc
Nieto Martin $570,000 Empire West Title Agency Llc
Werner Eric J $275,000 Empire West Title Agency Llc
Tasev Christopher -- Empire West Title Agency Llc
Tasev Yanka Diane -- Security Title Agency Inc
Tasev Christopher -- Capital Title Agency Inc
Tasev Fota K -- Capital Title Agency Inc
Tasev Fota K -- Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nieto Martin $285,000
Previous Owner Werner Eric J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $750,000 -3.8% $234 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $780,000 0.0% $244 / Sq Ft
10/19/2023 10/19/23 Off Market $780,000 -- --
10/18/2023 10/18/23 For Sale $780,000 0.0% $244 / Sq Ft
09/29/2023 09/29/23 Off Market $780,000 -- --
08/17/2023 08/17/23 For Sale $780,000 0.0% $244 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $780,000 -- $244 / Sq Ft
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 $5,576 $54,325 -- --
2024 $5,625 $53,355 -- --
2023 $5,625 $53,108 $22,338 $30,770
2022 $5,733 $51,328 $21,963 $29,365
2021 $6,180 $52,542 $22,590 $29,952
2020 $6,002 $51,894 $21,708 $30,186
2019 $6,010 $50,274 $20,664 $29,610
2018 $5,812 $55,584 $25,830 $29,754
2017 $5,572 $57,600 $25,830 $31,770
2016 $5,479 $48,510 $18,954 $29,556
2015 $5,214 $43,050 $15,577 $27,473
Source: Public Records

Agents Affiliated with this Home

  • Arturo Plascencia

    Seller's Agent in 2024

    Arturo Plascencia

    West USA Realty

    (602) 942-4200

    2 in this area

    102 Total Sales

    Arturo Plascencia
    Section Image
  • Laura O Guinn

    Buyer's Agent in 2024

    Laura O Guinn

    Berkshire Hathaway HomeServices Arizona Properties

    (623) 764-1705

    2 in this area

    40 Total Sales

    Laura O Guinn
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6565005

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-22-090

Arizona Maricopa County Phoenix 85020 North Mountain Village

10812 N Cave Creek Rd, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 10812 N Cave Creek Rd, Phoenix, AZ 85020 since 05 June 2023 and is currently estimated at $782,486, approximately $244 per square foot. This property was built in 1980. 10812 N Cave Creek Rd is a home located in Maricopa County with nearby schools including Larkspur Elementary School, Shea Middle School, and Shadow Mountain High 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