NOT LISTED FOR SALE

36XXX N Summit Dr Unit 29 Cave Creek, AZ 85331

Estimated Value: $600,000 - $770,519

7.14 Acres
$98,717 Price per Acre
311,018 Sq Ft Lot

Last Sold February 11, 2020

Last sale price $295,000

Est. 137% increase in value since last sale

Current estimated payment $3,818/month

459 Days on Market

Highlights

  • City Lights View
  • 7.14 Acre Lot
  • Cul-De-Sac
  • Black Mountain Elementary School Rated A-

About This Lot

As of February 2020

This 7 acre land parcel located in the prestigious Canyon Ridge Estates has the best views you will find in Cave Creek. This is one of the highest and largest acreages with 360 degree mountain & city night light views. The Cul de Sac location is shared only by a few other homes creating a private and peaceful setting. This is a premier location with easy access to the main streets, schools, the YMCA, plenty of shopping and great dining options in the small towns of Cave Creek and Carefree. Elevated view lots are hard to find! Bring your architect and builder and design a home that will capture the beauty of the unobstructed views, where you can see for miles. Located in the City of Cave Creek with access to community water and power at street. Seller Financing offers welcome.

Last Agent to Sell the Property

Anjeleigh Trefz

Russ Lyon Sotheby's International Realty License #SA567353000 Listed on: 10/05/2018

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Chris Castillo

CPA Advantage Realty, LLC License #BR529371000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,153

Lot Details

  • 7.14 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

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

Community Details

  • Desert Realty Manage Association, Phone Number (602) 861-5980
  • Canyon Ridge Estates Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 211-13-117

Property Details

Property Type

Land

Est. Annual Taxes

$1,153

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Cross Street: Carefree Hwy & Cave Creek Rd
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land, On Site Imp Needed
  • Zoning: Residential
  • Tax Year: 2018
  • Directions: North on Cave Creek Rd., Left/West on Canyon Ridge Dr., Left/West on Canyon Ridge North, Right/North on Summit Dr. to land on the right, across from home at 36290 N Summit Dr. Cul de sac location.
  • Lot Size Acres: 7.14
  • Road Surface Type: Asphalt
  • Subdivision Name: CANYON RIDGE ESTATES
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, City Light View(s), Mountain View(s), North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 300.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: (602)861-5980
  • HOA Transfer Fee: 400.0
  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association Name: Desert Realty Manage
  • Phone: 602-861-5980
  • Association: Yes

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 311225.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 211-13-117
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1153.26
  • Tax Book Number: 211.00
  • Tax Lot: 29
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2025
Sold by
Hofner Family Trust and Hofner Charles R
Bought by
Two Arrows A & D Llc
Current Estimated Value
$698,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$357,668
Interest Rate
6.72%
Mortgage Type
Seller Take Back
Estimated Equity
$347,172

Purchase Details

Closed on
Feb 25, 2021
Sold by
Hofner Charles R and Hofner Sherri M
Bought by
Hofner Charles R and Hofner Sherri M

Purchase Details

Listed on
Oct 5, 2018
Closed on
Jan 12, 2020
Sold by
Haxer Doughlas J and Haxer Charlotte
Bought by
Hofner Charles and Hofner Sherri
Seller's Agent
Anjeleigh Trefz
Russ Lyon Sotheby's International Realty
Buyer's Agent
Chris Castillo
CPA Advantage Realty, LLC
List Price
$349,900
Sold Price
$295,000
Premium/Discount to List
-$54,900
-15.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.51%

Purchase Details

Closed on
Mar 7, 2011
Sold by
U S Bank National Association
Bought by
Sa Challenger Inc

Purchase Details

Closed on
Mar 3, 2011
Sold by
Sa Challenger Inc
Bought by
Haxer Douglas J and Haxer Charlotte

Purchase Details

Closed on
Dec 18, 2009
Sold by
Sierka Raymond A and Sierka Paula
Bought by
Us Bank Na

Purchase Details

Closed on
Jun 27, 2005
Sold by
Cave Creek & Stagecoach Llc
Bought by
Sierka Raymond A and Sierka Paula
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Two Arrows A & D Llc $750,000 Title Services Of The Valley
Hofner Charles R -- None Available
Hofner Charles $295,000 Lawyers Title Of Arizona Inc
Sa Challenger Inc -- Greystone Title Agency
Haxer Douglas J $135,000 Greystone Title Agency
Us Bank Na $247,982 None Available
Sierka Raymond A $1,637,000 Ticor Title Agency Of Az Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Two Arrows A & D Llc $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2020 02/11/20 Sold $295,000 -15.7% --
01/06/2020 01/06/20 Pending -- -- --
10/04/2018 10/04/18 For Sale $349,900 -- --
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 $1,238 $26,682 $26,682 --
2024 $1,168 $25,411 $25,411 --
2023 $1,168 $40,080 $40,080 $0
2022 $1,145 $29,715 $29,715 $0
2021 $1,249 $33,315 $33,315 $0
2020 $1,228 $39,105 $39,105 $0
2019 $1,193 $37,455 $37,455 $0
2018 $1,153 $42,795 $42,795 $0
2017 $1,116 $37,200 $37,200 $0
2016 $1,112 $21,765 $21,765 $0
2015 $1,116 $24,272 $24,272 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5829533

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-13-117