NOT LISTED FOR SALE

37230 N Conestoga Trail Cave Creek, AZ 85331

Estimated Value: $490,000 - $794,000

-- Bed
-- Bath
2,240 Sq Ft
$306/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $515,000 $230 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,642/month

6 Days on Market

Highlights

  • RV or Boat Parking
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Black Mountain Elementary School Rated A-

About This Home

As of November 2020

Original builder/owner selling rare 1976 built custom 3-plex in Cave Creek.** Always rented but 1 unit left vacant for possible owner occupant.** Property recently connected to the sewer with a stub out for adding laundry. ** Many newly constructed homes on the street. Hiking and biking trail head just down the street.**
Market cap 6.6% See flyer for additional info.
Small town living just miles from Phoenix & Scottsdale.
NO SHOWING TIME call or email agent for info.
ALL INFORMATION BELIEVED ACCURATE, BUYER TO VERIFY.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 10/13/2020

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Chad Vice

HomeSmart License #SA551681000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $699

Year Built

  • Built in 1976

Lot Details

  • 0.51

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 9 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking
  • RV or Boat Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 30
  • Assessor Parcel Number 211-13-061

Community Details

Overview

  • 3 Units
  • Building Dimensions are irr
  • Black Mountain Vista Subdivision

Building Details

  • Operating Expense $6,179
  • Gross Income $29,640
  • Net Operating Income $23,381

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$699

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Cross Street: Cave Creek Rd x Care Free highway
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1976
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Subdivision Name: BLACK MOUNTAIN VISTA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV/Boat Parking, Assigned, Add'l Parking Avail, >1 Space Per Unit, 1 Space/Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 9.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

  • Electric: APS
  • Cooling: Electric, Central A/C
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 2480.0

Schools

  • Junior High Dist: Cave Creek Unified District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 211-13-061

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 3
  • Annual Gross Income: 29640.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 23381.0
  • Annual Operating Expense: 6179.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 699.0
  • Tax Book Number: 211.00
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2021
Sold by
David Trubakoff Scott and David Marie Dawn
Bought by
Trubakoff Family Trust
Current Estimated Value
$684,389

Purchase Details

Listed on
Oct 13, 2020
Closed on
Nov 25, 2020
Sold by
Ridgeway Enterprises
Bought by
Trubakoff Scott and Trubakoff Dawn
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Chad Vice
HomeSmart
List Price
$497,000
Sold Price
$515,000
Premium/Discount to List
$18,000
3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
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
Trubakoff Family Trust -- None Listed On Document
Trubakoff Scott $515,000 Chicago Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2020 11/30/20 Sold $515,000 +3.6% $230 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $497,000 -- $222 / 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 $705 $15,188 -- --
2024 $665 $14,465 -- --
2023 $665 $30,520 $6,100 $24,420
2022 $652 $20,560 $4,110 $16,450
2021 $711 $20,680 $4,130 $16,550
2020 $699 $18,300 $3,660 $14,640
2019 $679 $16,480 $3,290 $13,190
2018 $657 $14,860 $2,970 $11,890
2017 $635 $12,810 $2,560 $10,250
2016 $633 $12,320 $2,460 $9,860
2015 $596 $10,610 $2,120 $8,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6145917

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-13-061