NOT LISTED FOR SALE

39400 N Ridgeway Dr Cave Creek, AZ 85331

Estimated Value: $245,072 - $461,000

2.31 Acres
$138,539 Price per Acre
100,624 Sq Ft Lot

Last Sold November 01, 2018

Last sale price $140,000

Est. 123% increase in value since last sale

Current estimated payment $1,784/month

95 Days on Market

Highlights

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

About This Lot

As of November 2018

WOW! Nestled in beautiful Cave Creek and minutes from town you will find this this amazing lot perfect for your new custom built home. Plenty of room for a horse corral and stalls. Build your dream garage. Enjoy the panoramic views. There's plenty of riding trails nearby and outdoor activities. This lot comes with lush vegetation, large Saguaros, and mature Palo Verdes. The road from Cave Creek to this wonderful lot is paved. Your just minutes to great golfing. Enjoy the scenic drive into Scottsdale. Gas, electric, city water are all available. Come see this lot today and let your imagination run wild.

Last Agent to Sell the Property

Troy Martinez

HomeSmart License #SA537902000 Listed on: 05/29/2018

HomeSmart

Last Buyer's Agent

Troy Martinez

Dan Schwartz Realty, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $896

Lot Details

  • 2.31 Acre Lot
  • Property is zoned D2.5A

Schools

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

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association
  • Cave Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 216-11-002-L

Property Details

Property Type

Land

Est. Annual Taxes

$896

Lot Details

0

Listing Details

  • Cross Street: Cave Creek Rd and Schoolhouse Rd
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: D2.5A
  • Tax Year: 2017
  • Directions: Go North on Schoolhouse Rd from Cave Creek Rd, 1 mile to Arroyo. Turn Right and head East to Ridgeway Dr. Turn Right on Ridgeway Dr. Lot on NW Corner of Ridgeway and Saber.
  • Lot Size Acres: 2.31
  • Road Surface Type: Asphalt
  • Subdivision Name: Cave Creek
  • Tax Parcel Letter: L
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Mountain View(s), North/South Exp
  • Disclosures: Seller Prop Disc Stm, Boundary Survey Avlb
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: 332x303
  • Lot Size Sq Ft: 100667.0
  • Additional Parcels: No
  • Parcel #: 216-11-002-L
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 896.0
  • Tax Book Number: 216.00
  • Tax Lot: -
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2018
Closed on
Oct 31, 2018
Sold by
Hoffmann Ann
Bought by
Rasooly Michael
Seller's Agent
Troy Martinez
HomeSmart
Buyer's Agent
Troy Martinez
HomeSmart
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$312,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,257
Avg. Annual Appreciation
12.55%
Original Mortgage
$112,000
Outstanding Balance
$99,056
Interest Rate
4.6%
Mortgage Type
Seller Take Back
Estimated Equity
$213,475

Purchase Details

Listed on
May 29, 2018
Closed on
Oct 29, 2018
Sold by
Rasooly Ziba and Rasooly Michael
Bought by
Rasooly Michael and Rasooly Ziba
Seller's Agent
Troy Martinez
HomeSmart
Buyer's Agent
Troy Martinez
HomeSmart
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Outstanding Balance
$99,056
Interest Rate
4.6%
Mortgage Type
Seller Take Back
Estimated Equity
$213,475

Purchase Details

Closed on
Dec 18, 2014
Sold by
Hoffmann Elizabeth A
Bought by
Hoffmann Ann

Purchase Details

Closed on
Oct 20, 2011
Sold by
Hoffman Ann M
Bought by
Hoffman Elizabeth A

Purchase Details

Closed on
Dec 16, 2004
Sold by
Gesell Samantha
Bought by
Hoffmann Ann M

Purchase Details

Closed on
Jul 22, 2002
Sold by
Mcclean James F and Mclean London Leslie
Bought by
Gesell Samantha

Purchase Details

Closed on
Dec 21, 1998
Sold by
Mclean London Leslie
Bought by
Mclean London Leslie and Mclean James F
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
Rasooly Michael $140,000 Equitable Title Agency Llc
Rasooly Michael -- Equitable Title Agency Llc
Hoffmann Ann -- None Available
Hoffman Elizabeth A -- None Available
Hoffmann Ann M $295,000 Security Title Agency Inc
Gesell Samantha $118,000 Security Title Agency
Mclean London Leslie -- Title Security Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasooly Michael $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Sold $140,000 0.0% --
05/29/2018 05/29/18 For Sale $140,000 -- --
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 $990 $21,422 $21,422 --
2024 $938 $20,402 $20,402 --
2023 $938 $31,320 $31,320 $0
2022 $919 $22,020 $22,020 $0
2021 $1,003 $20,115 $20,115 $0
2020 $986 $20,610 $20,610 $0
2019 $958 $18,930 $18,930 $0
2018 $926 $20,445 $20,445 $0
2017 $896 $21,330 $21,330 $0
2016 $893 $17,715 $17,715 $0
2015 $896 $15,472 $15,472 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Troy Martinez

    HomeSmart

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5772348

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-11-002L

Arizona Maricopa County Cave Creek 85331

39400 N Ridgeway Dr, Cave Creek, AZ

This home is located at 39400 N Ridgeway Dr, Cave Creek, AZ 85331 since 29 May 2018 and is currently estimated at $320,024. 39400 N Ridgeway Dr 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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