NOT LISTED FOR SALE

Estimated Value: $1,401,000 - $1,863,000

4 Beds
3.5 Baths
4,232 Sq Ft
$380/Sq Ft Est. Value

Last Sold June 25, 2024

Last sale price $1,500,000 $354 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,733/month

1 Day on Market

Highlights

  • Horses Allowed On Property
  • Private Pool
  • Hydromassage or Jetted Bathtub
  • Sonoran Trails Middle School Rated A-
  • Santa Fe Architecture
  • Corner Lot

About This Home

As of June 2024

Step into luxury with this custom-built 2007 Santa Fe style home nestled in Cave Creek. Set on 1.11 acres, free from HOA restrictions! Discover a fully remodeled interior boasting porcelain tile flooring, vaulted ceilings, & Smart home technology. The kitchen features marble countertops, Wolf appliances, & a cozy eat-in area. Each bedroom is equipped with walk-in closets, offering ample storage space. Indulge in relaxation with the addition of a Steam and Dry Sauna, complemented by Hot&Cold plunge pools outside. Entertain with in&outdoor kitchens under a covered patio. The backyard is further enhanced by a private pool & artificial lawns in both the front and backyards. Experience the epitome of refined living in this exclusive, remodeled oasis tucked away in the heart of Cave Creek.

Last Agent to Sell the Property

David Arustamian

Russ Lyon Sotheby's International Realty License #BR662152000 Listed on: 05/24/2024

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Mason Weiss

Barrett Real Estate License #SA697837000

Barrett Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,031

Year Built

  • Built in 2007

Lot Details

  • 1.11 Acre Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Garage Door Opener

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 4,232 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Family Room with Fireplace

Kitchen

  • Kitchen Updated in 2024
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom Updated in 2024
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Smart Home

Accessible Home Design

  • Accessible Hallway
  • No Interior Steps

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Desert Sun Academy Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Cooling System Updated in 2024
  • Zoned Heating and Cooling System
  • Propane
  • High Speed Internet

Additional Features

  • North or South Exposure
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Summit Ranch Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 212-11-290

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,031

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Cross Street: N. Tatum Blvd. & Dynamite Rd.
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2024
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2020
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2024
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2024
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2008
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2007
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.11
  • Subdivision Name: SUMMIT RANCH
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 354.44
  • Dining Area:Breakfast Bar: Yes
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Accessibility Features: Accessible Hallway(s)
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 4232.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Built-in Barbecue
  • Lot Features: Adjacent to Wash, North/South Exposure, Corner Lot, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Frnt, Synthetic Grass Back
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Utilities: Propane
  • Cooling: Central Air
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Desert Sun Academy
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 48352.0
  • Parcel #: 212-11-290

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 4031.0
  • Tax Book Number: 212.00
  • Tax Lot: 2
  • Tax Map Number: 11.00

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jun 25, 2024
Sold by
Abrahams Orla R
Bought by
Cfi Properties Az Llc
Seller's Agent
David Arustamian
Russ Lyon Sotheby's International Realty
Buyer's Agent
Mason Weiss
Barrett Real Estate
List Price
$1,500,000
Sold Price
$1,500,000
Views
9
Current Estimated Value
$1,607,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,991
Avg. Annual Appreciation
4.88%
Original Mortgage
$1,050,000
Outstanding Balance
$1,037,697
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$570,294

Purchase Details

Listed on
Feb 20, 2020
Closed on
Jun 3, 2020
Sold by
Thomas David Keith
Bought by
Abrahams Orla R
Seller's Agent
Michael Casley
Fathom Realty Elite
Buyer's Agent
Michael Casley
Fathom Realty Elite
List Price
$679,000
Sold Price
$649,000
Premium/Discount to List
-$30,000
-4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.04%
Original Mortgage
$519,200
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2020
Closed on
Jun 2, 2020
Sold by
Sokana Sokana M M and Sokana Anaam
Bought by
Abrahams Orla R
Seller's Agent
Michael Casley
Fathom Realty Elite
Buyer's Agent
Michael Casley
Fathom Realty Elite
List Price
$679,000
Sold Price
$649,000
Premium/Discount to List
-$30,000
-4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,200
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2018
Sold by
Sokana Sokana and Sokana Anaam
Bought by
Sokana Sokana M M and Sokana Anaam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,735
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2008
Sold by
Residential Funding Co Llc
Bought by
Aurora Loan Service Llc

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
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2008
Sold by
Aurora Loan Services Llc
Bought by
Sokana Sokana and Sokana Anam

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
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2008
Sold by
Scanze Richard and Mortgage Electronic Registrati
Bought by
Residential Funding Co Llc and Residential Funding Corp

Purchase Details

Closed on
Jul 6, 2006
Sold by
Sanders Cory J and Sanders Heather R
Bought by
Scanze Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 2, 2004
Sold by
Sanders Heather R
Bought by
Sanders Cory J

Purchase Details

Closed on
Mar 25, 2004
Sold by
Johnson Development & Management Co
Bought by
Johnson Development & Management Co
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cfi Properties Az Llc $1,500,000 Premier Title Agency
Abrahams Orla R -- Equity Title Agency Inc
Abrahams Orla R $649,000 Equity Title Agency Inc
Sokana Sokana M M -- First American Title Company
Aurora Loan Service Llc -- Security Title Agency
Sokana Sokana $550,000 Security Title Agency
Residential Funding Co Llc $988,817 Security Title Agency
Scanze Richard $1,200,000 American Title Svc Agency Ll
Sanders Cory J -- Fidelity National Title
Johnson Development & Management Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cfi Properties Az Llc $1,050,000
Previous Owner Abrahams Orla R $519,200
Previous Owner Sokana Sokana M M $341,735
Previous Owner Sokana Sokana $400,000
Previous Owner Scanze Richard $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2024 06/25/24 Sold $1,500,000 0.0% $354 / Sq Ft
05/26/2024 05/26/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $1,500,000 +131.1% $354 / Sq Ft
06/12/2020 06/12/20 Sold $649,000 -4.4% $167 / Sq Ft View Prior Sale
05/09/2020 05/09/20 Pending -- -- --
03/22/2020 03/22/20 For Sale $679,000 +4.6% $175 / Sq Ft
03/20/2020 03/20/20 Off Market $649,000 -- --
02/20/2020 02/20/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $679,000 -- $175 / 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 $3,599 $89,403 -- --
2024 $4,031 $85,146 -- --
2023 $4,031 $102,280 $20,450 $81,830
2022 $3,870 $84,710 $16,940 $67,770
2021 $4,299 $78,580 $15,710 $62,870
2020 $4,229 $71,530 $14,300 $57,230
2019 $4,694 $71,330 $14,260 $57,070
2018 $4,565 $68,830 $13,760 $55,070
2017 $4,396 $67,820 $13,560 $54,260
2016 $4,377 $66,570 $13,310 $53,260
2015 $4,139 $64,710 $12,940 $51,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6696759

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-11-290