NOT LISTED FOR SALE

38731 N Crested Quail Run Carefree, AZ 85377

Estimated Value: $2,618,000 - $3,230,000

5 Beds
5.5 Baths
6,476 Sq Ft
$459/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $2,230,000 $344 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $16,596/month

46 Days on Market

Highlights

  • Guest House
  • Heated Spa
  • Mountain View
  • Black Mountain Elementary School Rated A-
  • 4.88 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of April 2021

Incredible 5 acre hillside estate in Carefree, this custom build with a modern take on southwest style. Nestled in prestigious Ocotillo Ridge Estates, surrounded by breathtaking desert and mountain views. An enchanting paver courtyard entrance welcomes you into a sprawling open floor plan offering a full bar. Chefs kitchen with adjacent butler's pantry, huge island with copper/tile counters and a barn wood ceiling also in the formal dining room. Great rooms soaring ceilings with Vega beams and barn wood floors make this the center of the home. Panoramic windows leading you out to an infinity pool with endless views and privacy. Fantastic separate guest house for your visitors to have their own private quarters. Oversized 3 car garage with view windows and great storage.

Last Agent to Sell the Property

Anthony Champy

RE/MAX Fine Properties License #SA110324000 Listed on: 01/20/2021

RE/MAX Fine Properties

Co-Listed By

Shelly Berry

RE/MAX Fine Properties License #BR013807000

Last Buyer's Agent

Anthony Champy

RE/MAX Fine Properties License #SA110324000 Listed on: 01/20/2021

RE/MAX Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,883

Year Built

  • Built in 2002

Lot Details

  • 4.88 Acre Lot
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 5 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Garage Door Opener

Home Design

  • Santa Fe Architecture
  • Spanish Architecture
  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,476 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 5.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Additional Homes

  • Guest House

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance, street maintenance
  • Kinney Mgmt Association, Phone Number (602) 973-4825
  • Built by CUSTOM
  • Ocotillo Ridge Estates Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 216-22-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,883

Year Built

Built in 2002

Lot Details

0

HOA Fees

$117 per month

Parking

3

Listing Details

  • Cross Street: PIMA ROAD / CAVE CREEK ROAD
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 116.67
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 5.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2002
  • Spa Private: Yes
  • Tax Year: 2020
  • Directions: From Pima Rd travel west on Cave Creek Rd. Turn right onto Tranquil Trail. Left on Rising Sun. Right on Stevens. Veer left onto Ocotillo Ridge. Right on Crested Quail Run to address,
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 4.88
  • Co List Office Mls Id: rmfp03
  • Co List Office Phone: 480-792-9500
  • Subdivision Name: OCOTILLO RIDGE ESTATES
  • Architectural Style: Spanish, Territorial/Santa Fe
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 350.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Walk-Out Access, Finished
  • Flooring: Tile, Wood, Concrete
  • Basement YN: Yes
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 6476.0
  • Stories: 2
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Basement Description:Walkout: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron, Wood
  • Exterior Features: Private Street(s), Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Heated, Private
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted, Block
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Foam, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Private Street(s): Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Attch'd Gar Cabinets, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 5.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Quarterly
  • Association Name: Ocotillo Ridge
  • Phone: 602-973-4825
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Ocotillo Ridge
  • Association Fees:HOA Telephone4: 6029734825
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Kinney Mgmt
  • Association Fees:HOA Management Phone: 6029734825
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

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

  • Land Lease: No
  • Lot Size Sq Ft: 212510.0
  • Parcel #: 216-22-018

Building Info

  • Builder Name: CUSTOM

Tax Info

  • Tax Annual Amount: 7883.0
  • Tax Book Number: 216.00
  • Tax Lot: 17
  • Tax Map Number: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Apr 13, 2021
Sold by
Krahe Michael J and Krahe Valerie A
Bought by
Elder William L and Elder Nancy V
Seller's Agent
Anthony Champy
RE/MAX Fine Properties
Buyer's Agent
Anthony Champy
RE/MAX Fine Properties
List Price
$2,395,000
Sold Price
$2,230,000
Premium/Discount to List
-$165,000
-6.89%
Current Estimated Value
$2,974,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$744,669
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Aug 10, 2009
Sold by
Suomi Enterprises Llc
Bought by
Krahe Michael J and Krahe Valerie A

Purchase Details

Closed on
Dec 2, 2008
Sold by
Manning Dennis E and Manning Mary J
Bought by
Suomi Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 18, 2000
Sold by
Ocotillo Ridge Estates Llc
Bought by
Manning Dennis E and Manning Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,950
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage
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
Elder William L $2,230,000 Chicago Title Agency
Krahe Michael J $1,325,000 Security Title Agency
Suomi Enterprises Llc $1,002,405 None Available
Manning Dennis E $238,693 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manning Dennis E $190,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold $2,230,000 -5.9% $344 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
02/21/2021 02/21/21 Price Changed $2,370,000 -1.0% $366 / Sq Ft
01/20/2021 01/20/21 For Sale $2,395,000 -- $370 / 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 $8,497 $183,923 -- --
2024 $8,051 $175,165 -- --
2023 $8,051 $193,330 $38,660 $154,670
2022 $7,892 $158,880 $31,770 $127,110
2021 $8,750 $153,810 $30,760 $123,050
2020 $7,883 $146,620 $29,320 $117,300
2019 $7,932 $146,360 $29,270 $117,090
2018 $7,619 $138,530 $27,700 $110,830
2017 $7,559 $142,200 $28,440 $113,760
2016 $7,602 $141,410 $28,280 $113,130
2015 $7,093 $130,250 $26,050 $104,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6183537

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-22-018