NOT LISTED FOR SALE

Estimated Value: $455,000 - $3,014,000

5 Beds
3 Baths
2,400 Sq Ft
$873/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $2,300,000 $958 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $11,273/month

173 Days on Market

Highlights

  • Guest House
  • Equestrian Center
  • Heated Spa
  • Lone Mountain Elementary School Rated A-
  • Barn
  • 10 Acre Lot

About This Home

As of June 2021

FIRST CLASS equestrian facility located in the heart of Cave Creek on 10+ level acres. Barn Master barn built in 2010 offers (10) 12' x 12' stalls, (8) 12' x 16' stalls. Immaculate tack room, refrigerated supplement room, office. Sophisticated fan & mister system, soaring ceiling height to improve ventilation. 9 Casitas for Horses (16' x 24') each w/ 75' run. 6 oversized, shady corrals w/ welded pipe rails. 60' round pen with apex roof, sprinkler system & lights. 40' x 50' metal shop w/roll up doors separated into 3 compartments. 2 large water tanks onsite. Primary arena is 160' x 200' & offers lights, sprinklers as well. Secondary arena 80' x 130'. Primary residence on one level, charming guest casita and private pool. Not a detail has been overlooked on this immaculate ranch

Last Agent to Sell the Property

Courtney Woods Olson

Russ Lyon Sotheby's International Realty License #SA652759000 Listed on: 11/27/2020

Russ Lyon Sotheby's International Realty

Co-Listed By

Barbara Miller

Russ Lyon Sotheby's International Realty License #SA035787000

Last Buyer's Agent

Steve Hueter

Epique Realty License #BR552551000

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,717

Year Built

  • Built in 1975

Lot Details

  • 10 Acre Lot
  • Desert faces the front and back of the property

Parking

  • 1 Car Garage
  • 4 Carport Spaces

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Tile Flooring
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Pool

  • Heated Spa
  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Additional Homes

  • Guest House

Schools

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

Farming

  • Barn
  • Hot Walker

Horse Facilities and Amenities

  • Equestrian Center
  • Horse Automatic Waterer
  • Horses Allowed On Property
  • Horse Stalls
  • Corral
  • Tack Room
  • Arena

Utilities

  • Central Air
  • Heating Available
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 211-34-001-M

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Desert Foothills Farm Subdivision

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,717

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Cross Street: Cave Creek Road and Carefree Highway
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 5.0
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1975
  • Spa Private: Yes
  • Tax Year: 2020
  • Directions: From Cave Creek Road - west on Occupado Drive - Right on 48th Street - left on Desert Forest Trail - straight ahead to Rigel Ranch Gate.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 10.0
  • Co List Office Mls Id: lyon05
  • Co List Office Phone: 480-488-2400
  • Subdivision Name: Desert Foothills Farm
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Tax Parcel Letter: M
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None, Heated, Private
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 2400.0
  • Stories: 1
  • Other Rooms:Great Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Community Features:Horse Facility: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Other
  • Exterior Features: Storage
  • Lot Features: Desert Back, Desert Front
  • Pool Features: Fenced, Private
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Carport Spaces: 4.0
  • Garage Spaces: 1.0
  • Open Parking Spaces: 5.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Horse Facility
  • 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: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Horse Amenities: Arena, Auto Water, Barn, Bridle Path Access, Corral(s), Hot Walker, Stall, Tack Room
  • Land Lease: No
  • Lot Size Sq Ft: 435600.0
  • Parcel #: 211-34-001-M

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3717.0
  • Tax Book Number: 211.00
  • Tax Lot: --
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Loudermilk Living Trust and Loudermilk Arvin
Bought by
Loudermilk Family Trust and Loudermilk
Current Estimated Value
$2,086,198

Purchase Details

Listed on
Nov 27, 2020
Closed on
May 28, 2021
Sold by
Rigel Group Llc
Bought by
Loudermilk Arvin and Loudermnk Living Trust
Seller's Agent
Courtney Woods Olson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Steve Hueter
Epique Realty
List Price
$2,900,000
Sold Price
$2,300,000
Premium/Discount to List
-$600,000
-20.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.10%

Purchase Details

Listed on
Oct 7, 2011
Closed on
Nov 7, 2012
Sold by
Weston Pontikes Lynne
Bought by
The Rigel Group Llc
Seller's Agent
Patrick Jones
Brokers Hub Realty, LLC
Buyer's Agent
Kimberly Brennan
Strawberry Realty
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.67%

Purchase Details

Listed on
Oct 7, 2011
Closed on
Sep 25, 2012
Sold by
Moffmann Ann M
Bought by
Weston Pontikes Lynne
Seller's Agent
Patrick Jones
Brokers Hub Realty, LLC
Buyer's Agent
Kimberly Brennan
Strawberry Realty
List Price
$650,000
Sold Price
$650,000

Purchase Details

Closed on
Oct 23, 2001
Sold by
Hoffman Elizabeth A
Bought by
Hoffman Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
6.62%

Purchase Details

Closed on
Jun 2, 2000
Sold by
Hoffman Elizabeth A
Bought by
Hoffmann Elizabeth A and Hoffmann Living Trust

Purchase Details

Closed on
Feb 2, 1996
Sold by
Hoffmann Michael W
Bought by
Hoffmann Ann M and Hoffmann Elizabeth A
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
Loudermilk Family Trust -- None Listed On Document
Loudermilk Arvin $2,300,000 Fidelity Natl Ttl Agcy Inc
The Rigel Group Llc -- None Available
Weston Pontikes Lynne $650,000 First American Title Ins Co
Hoffman Ann M -- Fidelity National Title
Hoffmann Elizabeth A -- --
Hoffmann Ann M -- --
Hoffmann Michael W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman Ann M $470,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2021 06/01/21 Sold $2,300,000 0.0% $958 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
04/27/2021 04/27/21 Price Changed $2,300,000 -17.3% $958 / Sq Ft
04/20/2021 04/20/21 Price Changed $2,780,000 -4.1% $1,158 / Sq Ft
11/27/2020 11/27/20 For Sale $2,900,000 +346.2% $1,208 / Sq Ft
09/28/2012 09/28/12 Sold $650,000 0.0% $271 / Sq Ft View Prior Sale
09/20/2012 09/20/12 For Sale $650,000 0.0% $271 / Sq Ft
09/20/2012 09/20/12 Price Changed $650,000 -10.3% $271 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
06/06/2012 06/06/12 Price Changed $725,000 -17.1% $302 / Sq Ft
04/24/2012 04/24/12 Price Changed $875,000 -27.1% $364 / Sq Ft
01/12/2012 01/12/12 Price Changed $1,200,000 +71.4% $500 / Sq Ft
01/09/2012 01/09/12 Price Changed $700,000 -41.7% $292 / Sq Ft
10/07/2011 10/07/11 For Sale $1,200,000 -- $500 / 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 $3,982 $59,255 -- --
2024 $3,722 $56,433 -- --
2023 $3,722 $119,230 $99,990 $19,240
2022 $3,624 $108,050 $90,270 $17,780
2021 $3,807 $97,930 $80,600 $17,330
2020 $3,717 $101,750 $84,270 $17,480
2019 $3,592 $88,920 $71,280 $17,640
2018 $3,463 $67,340 $49,290 $18,050
2017 $3,345 $62,390 $44,060 $18,330
2016 $3,298 $49,410 $30,780 $18,630
2015 $2,985 $50,540 $32,450 $18,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6165242

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-34-001M