$322,500
SOLD MAR 14, 2025

37551 N Cave Creek Rd Unit 20 Cave Creek, AZ 85331

0.58 Acre
$556,034 Price per Acre
25,265 Sq Ft Lot

Recently Sold

17% Below List Price

488 Days on Market

Highlights

  • 0.58 Acre Lot
  • Mountain View
  • No HOA
  • Black Mountain Elementary School Rated A-
  • Corner Lot

About This Lot

As of March 2025

CORNER Commercial lot with approx 200' of frontage right on busy, high traffic Cave Creek Rd. Zoned Town Commercial Core. This property provides and excellent opportunity and great location in the booming wild west town of Cave Creek, AZ for your new business. With almost .58 acres on a very flat easy build site, this nice lot is a clean slate for your next entrepreneurial endeavor. Water, electric, sewer and gas available. Come build your dream with high traffic count right in the high income Cave Creek and Carefree area!

Last Agent to Sell the Property

Jeff Hill

HomeSmart License #SA651674000 Listed on: 10/20/2023

HomeSmart

Last Buyer's Agent

Brandi Bowley

HomeSmart License #SA534937000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,454

Lot Details

  • 0.58 Acre Lot
  • Property fronts an alley
  • Corner Lot
  • Level Lot
  • Property is zoned Commercial Core

Property Views

  • Mountain Views

Schools

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

Community Details

  • No Home Owners Association
  • Hidden Valley 2 Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 211-14-001

Property Details

Property Type

Land

Est. Annual Taxes

$1,454

Lot Details

0

Listing Details

  • Cross Street: NE CORNER OF CAVE CREEK RD. & BLUE RIDGE RD.
  • Legal Info Range: 4E
  • Property Type: Land
  • Topography: Level
  • Zoning: Commercial Core
  • Tax Year: 2023
  • Directions: North of Carefree Hwy on Cave Creek Rd 1.8 miles to the NE corner of Blue Ridge and Cave Creek Rd. On east side of road with sign.
  • Horses: No
  • Lot Size Acres: 0.58
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Dedicated Street
  • Subdivision Name: HIDDEN VALLEY 2
  • View:Mountain View(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Retail, Multi-Family, Commercial, Office, Hotel/Motel

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Dual Street Ftg
  • View: Mountain(s)
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS, None
  • Water Source: City Franchise, Check Availability

Condo/Co-op/Association

  • Association: No

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: 120 X 202 X 140 X 205
  • Lot Size Sq Ft: 25344.0
  • Additional Parcels: No
  • Parcel #: 211-14-001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1454.0
  • Tax Book Number: 211.00
  • Tax Lot: 20
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Feb 21, 2025
Sold by
Hamdan Amin and Hamdan Najwa
Bought by
Andrus Properties Inc
Seller's Agent
Jeff Hill
HomeSmart
Buyer's Agent
Brandi Bowley
HomeSmart
List Price
$389,000
Sold Price
$322,500
Premium/Discount to List
-$66,500
-17.1%
Views
67
Current Estimated Value
$323,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$902
Avg. Annual Appreciation
147.45%

Purchase Details

Closed on
Mar 31, 1997
Sold by
Green Jon Thomas
Bought by
Hamdan Amin and Hamdan Najua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
7.56%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Warranty Deed $322,500 First American Title Insurance
Warranty Deed $125,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $87,500 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $322,500 -4.9% --
02/20/2025 02/20/25 Pending -- -- --
01/27/2025 01/27/25 Price Changed $339,000 -3.1% --
10/30/2024 10/30/24 Price Changed $350,000 -10.0% --
10/20/2023 10/20/23 For Sale $389,000 -- --
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 $1,534 $33,208 $33,208 --
2024 $1,454 $31,626 $31,626 --
2023 $1,454 $34,740 $34,740 $0
2022 $1,425 $30,990 $30,990 $0
2021 $1,554 $30,990 $30,990 $0
2020 $1,529 $26,025 $26,025 $0
2019 $1,485 $24,780 $24,780 $0
2018 $1,820 $29,925 $29,925 $0
2017 $1,811 $31,125 $31,125 $0
2016 $1,804 $27,900 $27,900 $0
2015 $2,034 $31,856 $31,856 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6620429

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-14-001