NOT LISTED FOR SALE

36490 N Rackensack Rd Cave Creek, AZ 85331

Estimated Value: $1,121,790 - $1,188,000

4.44 Acres
$261,245 Price per Acre
193,406 Sq Ft Lot

Last Sold May 17, 2022

Last sale price $1,100,000

Est. 3% increase in value since last sale

Current estimated payment $6,201/month

770 Days on Market

Highlights

  • Horses Allowed On Property
  • 4.44 Acre Lot
  • Horse Trails
  • Black Mountain Elementary School Rated A-
  • Mountain View
  • Property is near a preserve or public land

About This Lot

As of May 2022

Are you in search of a Preserve, Trails, a Mountainous Park? This premier location borders Go John Canyon Preserve, with trails leading across 'Cave Creek'...to the 2900 acre Cave Creek Regional Park. The pristine land was once home to Hohokam Indians, miners, sheep ranchers, and now is available for your custom estate. Elevated building sites enjoy soft desert breezes & a panorama of serene mountains and sunsets. This premium neighborhood is a cut-above, offering the discriminating Buyer optimum privacy, quality, and a truly rewarding lifestyle in the foothills above the Valley. Cave Creek and sister town Carefree are a destination for art, fine dining, eclectic shops, and historic cowboy flair. 7 custom lots are available today, ranging from 4.4 to 5.6 Acres.

Last Agent to Sell the Property

Debbie Omundson

Russ Lyon Sotheby's International Realty License #BR043321000 Listed on: 02/18/2020

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Michael Casley

Fathom Realty Elite License #SA547618000

Fathom Realty Elite

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,620

Lot Details

  • 4.44 Acre Lot
  • Gentle Sloping Lot
  • 11 Lots in the community
  • Additional Parcels
  • Property is zoned R-190

HOA Fees

  • $100 Monthly HOA Fees

Schools

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

Additional Features

  • Mountain Views
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 211-16-031

Community Details

Overview

  • Highland At Canyon Association, Phone Number (480) 375-1522
  • Highlands At Canyon Ridge Subdivision
  • Property is near a preserve or public land

Recreation

  • Horse Trails

Property Details

Property Type

Land

Est. Annual Taxes

$1,620

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Cross Street: Cave Creek Rd & Carefree Hwy
  • Legal Info Range: 04E
  • Property Type: Land
  • Topography: Gentle Sloping
  • Zoning: R-190
  • Tax Year: 2021
  • Directions: North to New River Road, west to Creek Canyon, north to the cobblestone entrance of the Highlands at Canyon Ridge.
  • Horses: Yes
  • Lot Size Acres: 4.44
  • Road Surface Type: Asphalt
  • Subdivision Name: Highlands at Canyon Ridge
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: Mountain View(s), Borders Pres/Pub Lnd
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1200.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: 4803751522
  • HOA Transfer Fee: 500.0
  • Association Fee: 1200.0
  • Association Fee Frequency: Annually
  • Association Name: Highland at Canyon
  • Phone: 480-375-1522
  • Association: Yes

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

  • Lot Size: IRR
  • Horse Amenities: Bridle Path Access
  • Lot Size Sq Ft: 193530.0
  • Number Of Lots: 11
  • Additional Parcels: Yes
  • Parcel #: 211-16-031
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1620.0
  • Tax Book Number: 211.00
  • Tax Lot: -
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
May 6, 2022
Sold by
Hermosa Vista Llc
Bought by
Praet-Macdonald Holdings Llc
Seller's Agent
Debbie Omundson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Michael Casley
Fathom Realty Elite
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$1,128,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,787
Avg. Annual Appreciation
1.55%
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
Praet-Macdonald Holdings Llc $1,100,000 Pioneer Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2022 05/17/22 Sold $1,100,000 0.0% --
02/18/2020 02/18/20 For Sale $1,100,000 -- --
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 $1,606 $34,609 $34,609 --
2024 $1,515 $32,961 $32,961 --
2023 $1,515 $63,825 $63,825 $0
2022 $1,485 $53,910 $53,910 $0
2021 $1,620 $49,020 $49,020 $0
2020 $1,593 $54,630 $54,630 $0
2019 $1,548 $52,275 $52,275 $0
2018 $1,496 $42,060 $42,060 $0
2017 $1,448 $48,075 $48,075 $0
2016 $1,442 $34,320 $34,320 $0
2015 $1,447 $36,560 $36,560 $0
Source: Public Records

Agents Affiliated with this Home

  • Debbie Omundson

    Seller's Agent in 2022

    Debbie Omundson

    Russ Lyon Sotheby's International Realty

    (480) 375-1522

    45 in this area

    115 Total Sales

    Debbie Omundson
    Section Image
  • Michael Casley

    Buyer's Agent in 2022

    Michael Casley

    Fathom Realty Elite

    (602) 300-2730

    7 in this area

    39 Total Sales

    Michael Casley
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6038618

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-16-031

Arizona Maricopa County Cave Creek 85331

36490 N Rackensack Rd, Cave Creek, AZ

This home is located at 36490 N Rackensack Rd, Cave Creek, AZ 85331 since 18 February 2020 and is currently estimated at $1,159,930. 36490 N Rackensack Rd is a home located in Maricopa County with nearby schools including Black 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

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