$650,000
SOLD FEB 28, 2019

35201 N 50th St Cave Creek, AZ 85331

4 Beds
4 Baths
3,201 Sq Ft
2.14 Acres

Recently Sold

$203 Per Sq Ft

7% Below List Price

78 Days on Market

Highlights

  • Horse Stalls
  • 2.14 Acre Lot
  • Wood Flooring
  • Black Mountain Elementary School Rated A-
  • Mountain View
  • 1 Fireplace

About This Home

As of May 2021

Stunning custom home on 2+ acres offering western lifestyle & rustic elegance. Ext features: new paver drive & walkway, xeriscape landscaping. Kitchen upgrades: Brazilian granite countertops, plank barnwood tile, SS frig, gas stove & dishwasher. Seller had home built to fine specifications...see attached Features Sheet for all the upgrades. High ceilings, high-efficiency windows, wood shutters, gas/wood fireplace. Large basement with bar, bedroom, full bath, planted atrium. Fenced lot & strategically positioned N facing patio affords privacy, shade and fantastic mountain views. Hike, bike or ride into Cave Creek Rec Park out front gate. 2.2 usable acres incl horse facilities, fruit trees, low maint yard, green house, & detached workshop that could be converted to casita or studio.

Last Agent to Sell the Property

Lukas Magnusson

HomeSmart License #SA528975000 Listed on: 10/26/2018

HomeSmart

Co-Listed By

Nicole Magnusson

HomeSmart License #SA651814000

Last Buyer's Agent

Lukas Magnusson

HomeSmart License #SA528975000 Listed on: 10/26/2018

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,062

Year Built

  • Built in 1998

Lot Details

  • 2.14 Acre Lot
  • Desert faces the front and back of the property
  • Wire Fence

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Spray Foam Insulation
  • Foam Roof
  • Stucco

Interior Spaces

  • 3,201 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Mountain Views
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Horse Stalls
  • Corral

Utilities

  • Evaporated cooling system
  • Refrigerated and Evaporative Cooling System
  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 211-47-106

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,062

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Cave Creek Rd/Carefree Highway
  • 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: Y
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2017
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2013
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2017
  • Directions: N2 New River Rd, W2 50th, S2 home on East side of street
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 2.14
  • Co List Office Mls Id: cril01
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: Metes & Bounds
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Flooring: Tile, Wood
  • Basement YN: Yes
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, Central Vacuum, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3201.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: See Remarks, Wire
  • Exterior Features: Storage
  • Lot Features: Desert Back, Desert Front, Natural Desert Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Spray Foam Insulation, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Both Refrig & Evap, Ceiling Fan(s), Evaporative Cooling, Programmable Thmstat
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: 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: 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: Corral(s), Stall
  • Land Lease: No
  • Lot Size Sq Ft: 93044.0
  • Parcel #: 211-47-106

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 1062.0
  • Tax Book Number: 211.00
  • Tax Lot: 1
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
May 24, 2021
Sold by
Smith Charlene and Smith Jason
Bought by
Salomon Francisco and Salomon Shaney
Seller's Agent
Lukas Magnusson
HomeSmart
Buyer's Agent
Christopher Murphy
Cozland Corporation
List Price
$969,000
Sold Price
$1,100,000
Premium/Discount to List
$131,000
13.52%
Current Estimated Value
$1,353,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,086
Avg. Annual Appreciation
4.31%
Original Mortgage
$700,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 26, 2018
Closed on
Feb 22, 2019
Sold by
Gilson Noel Todd and Gilson Melody
Bought by
Smith Charlene and Smith Jason
Seller's Agent
Lukas Magnusson
HomeSmart
Buyer's Agent
Lukas Magnusson
HomeSmart
List Price
$700,000
Sold Price
$650,000
Premium/Discount to List
-$50,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.34%
Original Mortgage
$400,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 1998
Sold by
Gilson Todd and Gilson Noel Todd
Bought by
Gilson Noel Todd and Gilson Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.9%

Purchase Details

Closed on
Jul 28, 1998
Sold by
Gilson Noel Todd and Gilson Todd
Bought by
Gilson Todd and Gilson Noel Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.9%

Purchase Details

Closed on
Mar 8, 1997
Sold by
Gilson Todd and Gilson Melody L
Bought by
Gilson Noel Todd and Gilson Todd

Purchase Details

Closed on
Nov 8, 1996
Sold by
Lucchesi Patti and Mcdaniel Joe Winston
Bought by
Gilson Todd and Gilson Melody L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.86%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,100,000 Empire West Title Agency Llc
Warranty Deed $650,000 Wfg National Title Insurance
Warranty Deed -- Grand Canyon Title Agency In
Interfamily Deed Transfer -- Grand Canyon Title Agency In
Interfamily Deed Transfer -- --
Warranty Deed $72,000 Old Republic Title Agency
Interfamily Deed Transfer -- Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $712,000 New Conventional
Closed $700,000 Commercial
Previous Owner $400,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $165,000 No Value Available
Previous Owner $54,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2021 05/31/21 Sold $1,100,000 +13.5% $344 / Sq Ft
04/29/2021 04/29/21 For Sale $969,000 +49.1% $303 / Sq Ft
02/28/2019 02/28/19 Sold $650,000 -4.4% $203 / Sq Ft
12/17/2018 12/17/18 Price Changed $680,000 +1.5% $212 / Sq Ft
12/17/2018 12/17/18 Price Changed $670,000 -1.5% $209 / Sq Ft
12/06/2018 12/06/18 Price Changed $680,000 -1.4% $212 / Sq Ft
11/15/2018 11/15/18 Price Changed $690,000 -1.4% $216 / Sq Ft
10/26/2018 10/26/18 For Sale $700,000 -- $219 / 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 $2,277 $60,221 -- --
2024 $2,179 $57,353 -- --
2023 $2,179 $63,980 $12,790 $51,190
2022 $2,135 $58,410 $11,680 $46,730
2021 $2,396 $54,830 $10,960 $43,870
2020 $2,362 $51,010 $10,200 $40,810
2019 $2,291 $49,550 $9,910 $39,640
2018 $2,205 $48,100 $9,620 $38,480
2017 $2,125 $46,220 $9,240 $36,980
2016 $2,114 $44,920 $8,980 $35,940
2015 $2,000 $42,660 $8,530 $34,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5838520

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-47-106