NOT LISTED FOR SALE

31628 N 40th Way Cave Creek, AZ 85331

Desert View Neighborhood

Estimated Value: $1,036,000 - $1,242,000

5 Beds
4 Baths
2,780 Sq Ft
$416/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $1,200,000 $432 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,331/month

65 Days on Market

Highlights

  • Private Pool
  • RV Garage
  • Contemporary Architecture
  • Lone Mountain Elementary School Rated A-
  • Gated Community
  • Granite Countertops

About This Home

As of September 2023

Stunning semi-custom home in a prestigious gated community with attached RV garage. Walk through the custom iron front door into the living area and kitchen, perfect for hosting guests. Wood-like tile floors complement the great room and spacious chef's kitchen with a sizeable island/breakfast bar, SS appliances and additional cabinets. The owners suite features an upgraded walk-in closet, designer tiled shower with access to the backyard pool area. An additional bedroom has its own exterior door and could be used for a guest suite. Enjoy entertaining in the backyard, complete with a pool, outdoor kitchen, fire pit and hot tub.

Last Agent to Sell the Property

Steve Valkenaar

Re/Max Alliance Group License #SA648594000 Listed on: 06/07/2023

Last Buyer's Agent

Alex LeBouton

W and Partners, LLC License #SA579873000

W and Partners, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,338

Year Built

  • Built in 2020

Lot Details

  • 10,400 Sq Ft Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf
  • Backyard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $120 Monthly HOA Fees

Parking

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

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,780 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace
  • Low Emissivity Windows
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Accessible Home Design

  • No Interior Steps

Pool

  • Private Pool
  • Pool Pump
  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Built-In Barbecue

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 211-37-773

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Real Property Manage Association, Phone Number (602) 358-8130
  • Built by Homes by Towne
  • 40Th Street And Lone Mountain Subdivision

Recreation

  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,338

Year Built

Built in 2020

Lot Details

0

HOA Fees

$120 per month

Parking

5

Listing Details

  • Cross Street: Lone Mountain Rd & Cave Creek Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 120.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2020
  • Spa Private: Yes
  • Tax Year: 2022
  • Directions: West on E Lone Mountain RD, turn right onto N 40th Way. Turn left onto E Gloria LN which turns right and becomes N 40th Way. Property is on the left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: 40TH STREET AND LONE MOUNTAIN
  • Architectural Style: Contemporary, Ranch
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 360.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Above Ground, Heated, Private
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Soft Water Loop, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 2780.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Desert Back, Desert Front, Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Variable Speed Pump, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Tandem Garage, RV Access/Parking, RV Gate, Garage Door Opener, Extended Length Garage, Direct Access, Over Height Garage, RV Garage
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:RV Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated, Biking/Walking Path
  • Association Fee: 360.0
  • Association Fee Frequency: Quarterly
  • Association Name: La Placia
  • Phone: 602-358-8130
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: La Placia
  • Association Fees:HOA Telephone4: 602-358-8130
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 300.0
  • Association Fees:Other Fees Description: Reserve Contribution
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Real Property Manage
  • Association Fees:HOA Management Phone: 602.358.8130
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Lone 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

  • Land Lease: No
  • Lot Size Sq Ft: 10400.0
  • Parcel #: 211-37-773

Building Info

  • Builder Name: Homes by Towne

Tax Info

  • Tax Annual Amount: 2338.0
  • Tax Book Number: 211.00
  • Tax Lot: 23
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Sep 8, 2023
Sold by
Equivalent Properties Llc
Bought by
Clinton Nye and Clinton Mildred D
Seller's Agent
Steve Valkenaar
Re/Max Alliance Group
Buyer's Agent
Alex LeBouton
W and Partners, LLC
List Price
$1,295,000
Sold Price
$1,200,000
Premium/Discount to List
-$95,000
-7.34%
Views
128
Current Estimated Value
$1,139,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,779
Avg. Annual Appreciation
-1.69%
Original Mortgage
$720,000
Outstanding Balance
$703,594
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$454,002

Purchase Details

Closed on
Aug 7, 2020
Sold by
Hbt Of Lane Mountain Ii Llc
Bought by
Equivalent Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,543
Interest Rate
2.55%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Clinton Nye $1,200,000 Driggs Title Agency
Equivalent Properties Llc $691,929 Greystone Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clinton Nye $720,000
Previous Owner Equivalent Properties Llc $553,543
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2023 09/08/23 Sold $1,200,000 -7.3% $432 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $1,295,000 0.0% $466 / Sq Ft
07/24/2023 07/24/23 Off Market $1,295,000 -- --
06/07/2023 06/07/23 For Sale $1,295,000 -- $466 / 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 $2,265 $38,228 -- --
2024 $2,401 $36,407 -- --
2023 $2,401 $73,860 $14,770 $59,090
2022 $2,338 $49,210 $9,840 $39,370
2021 $2,456 $46,250 $9,250 $37,000
2020 $604 $13,665 $13,665 $0
2019 $584 $11,775 $11,775 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Valkenaar

    Seller's Agent in 2023

    Steve Valkenaar

    Re/Max Alliance Group

    (480) 440-8933

    6 in this area

    87 Total Sales

    Steve Valkenaar
    Section Image
  • Alex LeBouton

    Buyer's Agent in 2023

    Alex LeBouton

    W and Partners, LLC

    (480) 744-2239

    6 in this area

    71 Total Sales

    Alex LeBouton
    Section Image

  • A

    Buyer's Agent in 2023

    Alexander LeBouton

    eXp Realty

  • Jeffrey Sibbach

    Buyer Co-Listing Agent in 2023

    Jeffrey Sibbach

    eXp Realty

    (602) 329-9732

    26 in this area

    735 Total Sales

    Jeffrey Sibbach
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6564219

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-37-773

Arizona Maricopa County Cave Creek 85331 Desert View

31628 N 40th Way, Cave Creek, AZ

This home is located at 31628 N 40th Way, Cave Creek, AZ 85331 since 07 June 2023 and is currently estimated at $1,157,596, approximately $416 per square foot. This property was built in 2020. 31628 N 40th Way is a home located in Maricopa County with nearby schools including Lone 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

Nearby Homes