NOT LISTED FOR SALE

Estimated Value: $2,265,000 - $2,637,432

5 Beds
4.5 Baths
6,344 Sq Ft
$397/Sq Ft Est. Value

Last Sold May 20, 2014

Last sale price $1,200,000 $189 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $14,478/month

185 Days on Market

Highlights

  • Guest House
  • Horses Allowed On Property
  • City Lights View
  • Black Mountain Elementary School Rated A-
  • Heated Spa
  • 2.13 Acre Lot

About This Home

As of May 2014

Stunning custom designed Cave Creek residence showcasing magnificent views & privately nestled on 2.13 acres abutting non-developable acreage!! California interior designer flair incl extensive Bamboo wood flooring, full service wet bar, custom glazed Alder kitchen cabinets w/stainless appliances, gorgeous slab granite countertops, fabulously appointed bathrooms, master bath w/large walk-in shower, jetted tub, hand blown glass ceiling by Newt & more! Media room includes deluxe leather club chairs; Formal dining room w/kitchen pass-thru/buffet & fireplace; Grandiose Great Room w/dramatic vaulted ceiling! PRIVATE GUEST CASITA amidst resort backyard featuring heated salt water pool,raised hot tub,putting green & panoramic views! NO HOA FEES!!

Last Agent to Sell the Property

Joanne Bradley-LePoidevin

AZ Brokerage Holdings, LLC License #BR004613000 Listed on: 10/01/2013

Co-Listed By

Dean Benigno

AZ Brokerage Holdings, LLC License #SA028008000

Last Buyer's Agent

Andreas Schmalz

Success Property Brokers License #SA631991000

Success Property Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,158

Year Built

  • Built in 2009

Lot Details

  • 2.13 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

Parking

  • 3.5 Car Direct Access Garage
  • 4 Open Parking Spaces
  • 1 Carport Space
  • Garage Door Opener
  • Golf Cart Garage

Property Views

  • City Lights
  • Mountain

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,344 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Roller Shields
  • Living Room with Fireplace
  • 3 Fireplaces
  • Fire Sprinkler System

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Fire Pit
  • Built-In Barbecue

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • No Interior Steps
  • Guest House
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Central Construction
  • Cave Creek Subdivision, Custom Floorplan

Listing and Financial Details

  • Tax Lot 7K
  • Assessor Parcel Number 211-31-007-K

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,158

Year Built

Built in 2009

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Cave Creek Rd & Rancho Paloma
  • 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
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 4.5
  • Separate Den Office Sep Den Office: Y
  • Solar Panels Grid: On
  • Year Built: 2009
  • Spa Private: Yes
  • Tax Year: 2012
  • Directions: From Loop 101 go N on Tatum Blvd to Cave Creek Rd, turn right going N to Rancho Paloma, E to 52nd Pl/Dove Valley Ranch, go left 55th St & N on 55th St to private drive leading to property.
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 2.13
  • Co List Office Mls Id: reax40
  • Co List Office Phone: 480-585-0101
  • Subdivision Name: Cave Creek
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: K
  • ResoBuildingAreaSource: Assessor
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile, Wood, Concrete
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated, Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Fire Pit, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Physcl Chlgd (SRmks), Drink Wtr Filter Sys, Fire Sprinklers, No Interior Steps, Roller Shields, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 6344.0
  • Stories: 1
  • Window Features: Dual Pane, ENERGY STAR Qualified Windows
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Firepit: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:Separate Workshop: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Patio, Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Other Structures: Guest House
  • Roof: Metal
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.5
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Golf Cart Garage
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 3.5
  • Open Parking Spaces: 4.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Golf Cart Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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: 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

  • Land Lease: No
  • Lot Size Sq Ft: 92878.0
  • Parcel #: 211-31-007-K
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat, Recirculation Pump

Building Info

  • Builder Name: Central Construction

Tax Info

  • Tax Annual Amount: 5158.0
  • Tax Book Number: 211.00
  • Tax Lot: 7K
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2013
Closed on
May 5, 2014
Sold by
Reim Betty J
Bought by
Garbelmann Wolfgang and Garbelmann Barbara
Seller's Agent
Joanne Bradley-LePoidevin
AZ Brokerage Holdings, LLC
Buyer's Agent
Andreas Schmalz
Success Property Brokers
List Price
$1,750,000
Sold Price
$1,200,000
Premium/Discount to List
-$550,000
-31.43%
Current Estimated Value
$2,518,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,318,608
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Nov 9, 2009
Sold by
Reim Betty J
Bought by
Reim Betty J and The Reim Survivors Trust

Purchase Details

Closed on
Feb 16, 2006
Sold by
Reim Robert E and Reim Betty J
Bought by
Reim Robert E and Reim Betty J

Purchase Details

Closed on
Feb 25, 2005
Sold by
Shurwest Investments Llc
Bought by
Shurwest Investments Llc

Purchase Details

Closed on
May 6, 2003
Sold by
Zahm Laurence
Bought by
Zahm Laurence
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
Garbelmann Wolfgang $1,200,000 Security Title Agency
Reim Betty J -- None Available
Reim Robert E -- None Available
Shurwest Investments Llc -- Fidelity Title
Zahm Laurence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reim Robert E $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2014 05/20/14 Sold $1,200,000 -20.0% $189 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
01/21/2014 01/21/14 Price Changed $1,500,000 -14.3% $236 / Sq Ft
10/01/2013 10/01/13 For Sale $1,750,000 -- $276 / 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 $6,811 $116,152 -- --
2024 $6,532 $110,621 -- --
2023 $6,532 $176,670 $35,330 $141,340
2022 $6,381 $134,350 $26,870 $107,480
2021 $6,687 $127,120 $25,420 $101,700
2020 $6,604 $116,860 $23,370 $93,490
2019 $6,330 $113,480 $22,690 $90,790
2018 $6,064 $104,300 $20,860 $83,440
2017 $7,229 $102,560 $20,510 $82,050
2016 $7,169 $99,350 $19,870 $79,480
2015 $6,411 $94,180 $18,830 $75,350
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5007113

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-31-007K