$810,000
SOLD JUL 25, 2023

38246 N Hazelwood Cir Cave Creek, AZ 85331

-- Bed
-- Bath
2,998 Sq Ft
0.44 Acres

Recently Sold

$270 Per Sq Ft

10% Below List Price

54 Days on Market

Highlights

  • Gated Community
  • 0.44 Acre Lot
  • Skylights
  • Black Mountain Elementary School Rated A-
  • Community Kitchen
  • Display Windows

About This Home

As of July 2023

Excellent Investor Opportunity. Tenant can vacate within 60 days. Free standing building with green construction has a spacious and open main floor. Located in Downtown Cave Creek, this building is perfect for a Pre School, Spin or Yoga studio, VR, Child Day care, Medical, hi tech or LIVE/WORK Offices, training,or art studio. Second floor office has view of mountains and Cave Creek. A total of 5 bathrooms, kitchen and laundry facilities. Gated back lot is zoned for parking up to 15 cars or organic gardening. SEE DOCUMENT TAB FOR FLOOR PLANS AND PARKING PLAN

Last Agent to Sell the Property

Maria Elena Rizzo

Realty Executives License #SA653027000 Listed on: 04/07/2023

Realty Executives

Last Buyer's Agent

Thomas Fulton

HUNT Real Estate ERA License #SA653027000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,137

Year Built

  • Built in 2005

Lot Details

  • 0.44 Acre Lot
  • Block Wall Fence
  • Property is zoned CC

Home Design

  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 2,998 Sq Ft Home
  • Skylights
  • Display Windows
  • Vinyl Flooring

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces
  • Private Parking
  • Free Parking
  • Fenced Parking

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 211-08-011-B

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Showroom
  • Reception Area

Additional Features

  • Moon Ridge Subdivision
  • Operating Expense $2,137
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$2,137

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: Cave Creek & Basin Road
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: CC
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2005
  • Tax Year: 2022
  • Directions: North on Basin from Cave Creek Rd to Hazelwood Circle. West on Hazelwood Circle to Property on South side of Road.
  • Lot Size Acres: 0.44
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: hraz03
  • Co List Office Phone: 480-427-3500
  • Subdivision Name: MOON RIDGE
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Vinyl
  • Living Area: 2998.0

Exterior Features

  • Fencing: Block
  • Construction Type: See Remarks, Frame - Wood
  • Roof: Metal
  • Construction:Other (See Remarks)23: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Private Parking, Free, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Heat Pump
  • Green Building Features: Physcl Chlgd (SRmks), Conference Room, Reception Room, Showroom, Kitchen, LAN Compatible Copr, Skylight(s), Security Gate, Display Window(s)
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showroom: Yes
  • Amenities:Display Window(s): Yes
  • Amenities:Skylight(s)2: Yes
  • Amenities:Security Gate: Yes
  • Amenities:LAN Compatible Copr: Yes
  • Amenities:Physcl Chlgd (SRmks): Yes

Lot Info

  • Lot Size Sq Ft: 19200.0
  • Parcel #: 211-08-011-B
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 2137.0

Tax Info

  • Tax Annual Amount: 2137.0
  • Tax Book Number: 211.00
  • Tax Lot: 6
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2022
Sold by
Cbd Unlimited Inc
Bought by
M2b Funding Corp

Purchase Details

Listed on
Oct 2, 2018
Closed on
Jan 23, 2019
Sold by
Little Risingsun Properties Llc
Bought by
Cbd Unlimited Inc
Seller's Agent
Marcie Reichstein
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Trif Kupanoff
HomeSmart
List Price
$500,000
Sold Price
$420,000
Premium/Discount to List
-$80,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,222
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2004
Sold by
Little Risingsun Properties Llc
Bought by
Desert Pacific Developers Llc

Purchase Details

Closed on
Aug 28, 2002
Sold by
Fishman Mara
Bought by
Little Risingsun Properties Llc
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
Special Warranty Deed $825,000 Fidelity National Title
Special Warranty Deed $420,000 First American Title Insuran
Cash Sale Deed $5,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $437,222 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $3,500 -99.7% $1 / Sq Ft
05/09/2025 05/09/25 For Sale $1,100,000 +35.8% $367 / Sq Ft
07/25/2023 07/25/23 Sold $810,000 -9.9% $270 / Sq Ft
04/07/2023 04/07/23 For Sale $899,000 +114.0% $300 / Sq Ft
02/01/2019 02/01/19 Sold $420,000 -6.7% $140 / Sq Ft
11/23/2018 11/23/18 Price Changed $450,000 -10.0% $150 / Sq Ft
10/02/2018 10/02/18 For Sale $500,000 0.0% $167 / Sq Ft
10/02/2018 10/02/18 Price Changed $500,000 +19.0% $167 / Sq Ft
04/12/2018 04/12/18 Off Market $420,000 -- --
02/20/2018 02/20/18 Price Changed $450,000 -10.0% $150 / Sq Ft
11/08/2017 11/08/17 For Sale $500,000 -- $167 / 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 $2,301 $49,805 -- --
2024 $2,180 $47,433 -- --
2023 $2,180 $49,290 $15,630 $33,660
2022 $2,137 $43,250 $13,760 $29,490
2021 $2,331 $42,720 $13,760 $28,960
2020 $2,293 $40,450 $11,420 $29,030
2019 $2,228 $38,850 $10,870 $27,980
2018 $2,153 $40,020 $11,380 $28,640
2017 $2,083 $35,380 $11,840 $23,540
2016 $2,076 $32,580 $10,780 $21,800
2015 $1,953 $32,640 $13,610 $19,030
Source: Public Records

Agents Affiliated with this Home

  • Maria Elena Rizzo

    Seller's Agent in 2025

    Maria Elena Rizzo

    Realty Executives

    (602) 402-6373

    26 in this area

    133 Total Sales

    Maria Elena Rizzo
    Section Image

  • T

    Buyer's Agent in 2023

    Thomas Fulton

    Hunt Real Estate

  • M

    Seller's Agent in 2019

    Marcie Reichstein

    Berkshire Hathaway HomeServices Arizona Properties

    Section Image
  • Phil Mercurio

    Seller Co-Listing Agent in 2019

    Phil Mercurio

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 580-2290

    1 in this area

    22 Total Sales

    Phil Mercurio
    Section Image
  • Trif Kupanoff

    Buyer's Agent in 2019

    Trif Kupanoff

    HomeSmart

    (602) 989-3457

    6 Total Sales

    Trif Kupanoff
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6541376

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-08-011B

Arizona Maricopa County Cave Creek 85331

38246 N Hazelwood Cir, Cave Creek, AZ

This home is located at 38246 N Hazelwood Cir, Cave Creek, AZ 85331 and is currently priced at $810,000, approximately $270 per square foot. This property was built in 2005. 38246 N Hazelwood Cir 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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