NOT LISTED FOR SALE

38467 N Basin Rd Cave Creek, AZ 85331

Estimated Value: $515,000

4 Beds
2 Baths
2,613 Sq Ft
$197/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $535,000 $205 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,234/month

9 Days on Market

Highlights

  • Horses Allowed On Property
  • Private Pool
  • No HOA
  • Black Mountain Elementary School Rated A-
  • 5 Acre Lot
  • Fireplace

About This Home

As of November 2020

Property is going through lot line adjustments that are not yet completed and approved for final lot size adjustment. Final lot size will be approximately 5 acres in accordance with preliminary plan attached in Photos and shown as lot 2.
THIS IS A RENOVATION PROJECT!
This property is sitting on arguably one of the most stunning view properties inside the Cave Creek Town Core. Enjoy 360 degree views! This Property is a definite renovation project. The main home has 4 bedrooms and 2.5 baths and a separate guest house with 1 bedroom, 1 bath, living room and kitchen all on approximately 5 acres of hill and hillside views. approx SF 3,732 Includes Main and Guest House.

Last Agent to Sell the Property

Jeff Dunn

Tri Phoenix License #BR013984000 Listed on: 10/18/2020

Last Buyer's Agent

Jennifer Wehner

eXp Realty License #BR545357000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,963

Year Built

  • Built in 1966

Lot Details

  • 5

Interior Spaces

  • 2,613 Sq Ft Home
  • 1-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 2 Carport Spaces

Pool

  • Private Pool
  • Diving Board

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • 5 Acre Lot
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees

Listing and Financial Details

  • Tax Lot 211-07-012B
  • Assessor Parcel Number 211-07-012-B

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,963

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Cross Street: CAVE CREEK ROAD TO BASIN ROAD, NORTH 1/4 MILE RIGH
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1966
  • Tax Year: 2020
  • Directions: CAVE CREEK ROAD TO BASIN ROAD, NORTH 1/4 MILE RIGHT HAND SIDE
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 5.0
  • Subdivision Name: None
  • Architectural Style: Other
  • Property Attached Yn: No
  • Tax Parcel Letter: B
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement YN: No
  • Possible Use: Ranch, Farm
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • Fireplace: Yes
  • Living Area: 2613.0
  • Stories: 1
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Other
  • Pool Features: Diving Pool, Private
  • Disclosures: None
  • Construction Type: Other
  • Roof: Other

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0
  • Open Parking Spaces: 4.0

Utilities

  • Utilities: Other
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Laundry Features: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Cactus Shadows High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 217800.0
  • Parcel #: 211-07-012-B

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2963.0
  • Tax Book Number: 211.00
  • Tax Lot: 211-07-012B
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2020
Closed on
Dec 2, 2020
Sold by
Bk 5 Cs Llc
Bought by
Rcmc Holdings Llc
Seller's Agent
Jeff Dunn
Tri Phoenix
Buyer's Agent
Jennifer Wehner
eXp Realty
List Price
$535,000
Sold Price
$535,000
Current Estimated Value
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,000

Purchase Details

Listed on
Oct 10, 2019
Closed on
Mar 26, 2020
Sold by
Strickland Kimett D
Bought by
Bk 5 Cs Llc
Seller's Agent
Jeff Dunn
Tri Phoenix
Buyer's Agent
Jeff Dunn
Tri Phoenix
List Price
$595,000
Sold Price
$500,000
Premium/Discount to List
-$95,000
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%
Original Mortgage
$350,000
Interest Rate
3.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 21, 2019
Sold by
Cave Creek Project Lllp
Bought by
H Hovnanian At Galloway Ridge Llc

Purchase Details

Closed on
Aug 2, 2010
Sold by
Callahan Denise A
Bought by
Strickland Kimett D

Purchase Details

Closed on
Dec 19, 1994
Sold by
Gillenwater Todd A
Bought by
Strickland Eugene E and Strickland Mary L
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
Rcmc Holdings Llc $535,000 Fidelity Natl Ttl Agcy Inc
Bk 5 Cs Llc -- Grand Canyon Title Agency
Bk C S Llc $500,000 Grand Canyon Title Agency In
H Hovnanian At Galloway Ridge Llc $8,262,000 New Land Title Agency Llc
Strickland Kimett D -- None Available
Strickland Kimett D -- Accommodation
Strickland Eugene E -- United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bk C S Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $535,000 0.0% $205 / Sq Ft
11/21/2020 11/21/20 For Sale $535,000 0.0% $205 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/26/2020 10/26/20 Pending -- -- --
10/18/2020 10/18/20 For Sale $535,000 +7.0% $205 / Sq Ft
03/20/2020 03/20/20 Sold $500,000 -16.0% $191 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
10/10/2019 10/10/19 For Sale $595,000 -- $228 / 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
2021 -- $54,850 $10,970 $43,880
2020 -- $50,430 $10,080 $40,350
2019 -- $50,250 $10,050 $40,200
2018 -- $49,180 $9,830 $39,350
2017 -- $48,830 $9,760 $39,070
2016 -- $53,160 $10,630 $42,530
2015 -- $47,150 $9,430 $37,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6148666

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-07-012B