NOT LISTED FOR SALE

2875 E Maddock Rd Cave Creek, AZ 85331

Estimated Value: $1,168,000 - $1,820,000

4 Beds
3 Baths
2,148 Sq Ft
$721/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $2,100,000 $978 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $8,490/month

33 Days on Market

Highlights

  • Barn
  • Boarding Facilities
  • RV Hookup
  • Desert Mountain Middle School Rated A-
  • Arena
  • 4.8 Acre Lot

About This Home

As of February 2024

5 acres with complete privacy at the end of a paved, dead end road and only 5 minutes to town. Borders BLM land & Rodeo Grounds and on city water! 125 x 245 roping arena with lights and Priefert chute. Steer pen, catch pen, giant turn outs with shade and covered hay barn. Priefert panel walker w/ crushed rubber footing. Also, additional 100 x 120 arena or could be used as an additional turn out. There are two barns with a total of 8 stalls w/ fans and lights. The 5 box stalls are 14x16 and three oversized stalls with runs. Also a large tack room, 3 additional outbuildings and 3 additional large turnouts with shade in the back. Additionally there are 2 RV plug-ins. This property has 40+ mature trees, 4+ saguaros and has over 3500+ cedar stays tied to the fence. Entire 5 acres is fenced dog tight. This home was custom built in 2005 by previous owner. 2148 sqft with 4 bedroom, 3 full bath plus additional office space. It boasts gorgeous travertine tile throughout, a gas fireplace, and knotty alder cabinets add to the custom feel. This amazing property has a HUGE covered patio, built-in-bbq w/ real stone, granite, pavers & artificial turf and views that will have you catch your breath.

Last Agent to Sell the Property

Megan Dante

Real Broker License #SA693854000 Listed on: 01/03/2024

Real Broker

Co-Listed By

Brett Worsencroft

Real Broker License #SA694067000

Last Buyer's Agent

Barbara Miller

Russ Lyon Sotheby's International Realty License #SA035787000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,084

Year Built

  • Built in 2005

Lot Details

  • 4.8 Acre Lot
  • Desert faces the front of the property
  • Artificial Turf
  • Front Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • RV Hookup

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,148 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Outdoor Features

  • Boarding Facilities
  • Covered Patio or Porch
  • Outdoor Storage
  • Built-In Barbecue
  • Playground

Schools

  • Black Mountain Elementary School
  • Desert Mountain Middle School
  • Cactus Shadows High School

Farming

  • Barn
  • Hot Walker

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Horse Stalls
  • Corral
  • Tack Room
  • Arena

Utilities

  • Cooling System Updated in 2023
  • Central Air
  • Heating Available
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 211-67-042-A

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,084

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Maddock and 28th St
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Items Updated Ht Cool Yr Updated: 2023
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2023
  • Directions: East on Maddock Rd. Home on Right.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 4.8
  • Co List Office Mls Id: realbr001
  • Co List Office Phone: 602-755-3415
  • Subdivision Name: n/a
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: Ranch, Farm
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Accessibility Features: Zero-Grade Entry
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Breakfast Bar, No Interior Steps, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 2148.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: See Remarks
  • Exterior Features: Playground, Storage, Built-in Barbecue, RV Hookup
  • Lot Features: Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Irrigation Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:RV Hookup: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Deer Valley Unified District
  • Middle Or Junior School: Desert Mountain School

Lot Info

  • Horse Amenities: Arena, Barn, Bridle Path Access, Corral(s), Boarding Facilities, Hot Walker, Stall, Tack Room
  • Land Lease: No
  • Lot Size Sq Ft: 209018.0
  • Parcel #: 211-67-042-A

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3084.0
  • Tax Book Number: 211.00
  • Tax Lot: 0
  • Tax Map Number: 67.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Feb 29, 2024
Sold by
Pearce Jennifer Rose
Bought by
William J Thompson And Kimber I Thompson Revo and Thompson
Seller's Agent
Megan Dante
Real Broker
Buyer's Agent
Barbara Miller
Russ Lyon Sotheby's International Realty
List Price
$2,295,000
Sold Price
$2,100,000
Premium/Discount to List
-$195,000
-8.5%
Views
40
Current Estimated Value
$1,549,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$550,989
Avg. Annual Appreciation
-11.54%

Purchase Details

Closed on
Jan 20, 2022
Sold by
Pearce Jennifer R
Bought by
Pearce Jennifer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,500
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2017
Closed on
Jun 28, 2017
Sold by
Caringi Thomas R and Patton Paula G
Bought by
Baker Jennifer Rose
Seller's Agent
Paula Patton
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Andreas Schmalz
Success Property Brokers
List Price
$699,000
Sold Price
$694,000
Premium/Discount to List
-$5,000
-0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.00%
Original Mortgage
$624,600
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 24, 2005
Sold by
Caringi Thomas R and Patton Paula G
Bought by
Town Of Cave Creek

Purchase Details

Closed on
Jul 23, 2004
Sold by
Kurtz Clyde W and The Estate Of Harold Ethelbert
Bought by
Caringi Thomas R and Patton Paula G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
William J Thompson And Kimber I Thompson Revo $2,100,000 First American Title Insurance
Pearce Jennifer R -- First American Title
Baker Jennifer Rose $694,000 First American Title Insuran
Town Of Cave Creek -- --
Caringi Thomas R $250,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pearce Jennifer R $567,500
Previous Owner Baker Jennifer Rose $624,600
Previous Owner Caringi Thomas R $349,000
Previous Owner Caringi Thomas R $80,000
Previous Owner Caringi Thomas R $50,000
Previous Owner Caringi Thomas R $486,000
Previous Owner Caringi Thomas R $420,000
Closed Caringi Thomas R $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $2,100,000 -5.6% $978 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/19/2024 01/19/24 Price Changed $2,225,000 -3.1% $1,036 / Sq Ft
01/04/2024 01/04/24 For Sale $2,295,000 +230.7% $1,068 / Sq Ft
08/24/2017 08/24/17 Sold $694,000 -0.7% $325 / Sq Ft
04/14/2017 04/14/17 For Sale $699,000 -- $327 / 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 $3,723 $45,717 -- --
2024 $3,084 $43,540 -- --
2023 $3,084 $62,310 $12,460 $49,850
2022 $2,967 $40,500 $8,100 $32,400
2021 $3,122 $38,460 $7,690 $30,770
2020 $3,078 $37,270 $7,450 $29,820
2019 $2,986 $40,320 $8,060 $32,260
2018 $2,881 $37,200 $7,440 $29,760
2017 $2,782 $35,370 $7,070 $28,300
2016 $2,616 $34,830 $6,960 $27,870
2015 $2,395 $32,350 $6,470 $25,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6645814

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-67-042A