NOT LISTED FOR SALE

39700 N School House Rd Cave Creek, AZ 85331

Estimated Value: $1,048,000 - $1,473,000

2.66 Acres
$499,755 Price per Acre
115,870 Sq Ft Lot

Last Sold March 21, 2020

Last sale price $265,000

Est. 402% increase in value since last sale

Current estimated payment $7,201/month

150 Days on Market

Highlights

  • Horses Allowed On Property
  • 2.66 Acre Lot
  • No HOA
  • Black Mountain Elementary School Rated A-
  • Mountain View

About This Lot

As of March 2020

This Saguaro-studded, gently contoured land is wonderfully close to the heart of Cave Creek, yet magnificently secluded. The orientation of the home-site presents splendid mountain, sunrise and sunset views. This land has been surveyed, corners are staked, topo and easement map available for ease of walking the property. The crushed granite private driveway is access for only 2 other homes. The electric, phone and city water are at the front of the lot. There is no HOA and very light CC&Rs which allows you a wide range to design and build your desired dream home. This land is well suited for a nice sized custom home, casita and out buildings. The stellar location is walking distance to shopping and dining but far enough from the noise of the downtown area.

Last Agent to Sell the Property

Anjeleigh Trefz

Russ Lyon Sotheby's International Realty License #SA567353000 Listed on: 10/09/2019

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Lukas Magnusson

HomeSmart License #SA528975000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,021

Lot Details

  • 2.66

Schools

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

Additional Features

  • 2.66 Acre Lot
  • Mountain Views
  • North or South Exposure
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 216-11-002-U

Property Details

Property Type

Land

Est. Annual Taxes

$1,021

Lot Details

0

Listing Details

  • Cross Street: Cave Creek Rd X School House Road
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land, On Site Imp Needed
  • Topography: Gentle Sloping, Level
  • Zoning: Residential
  • Tax Year: 2019
  • Directions: N on School House Road about 1/4 mile past the Library. Private drive is on the right just after the ''speed kills'' sign.
  • Horses: Yes
  • Lot Size Acres: 2.66
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Tax Parcel Letter: U
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: Mountain View(s), North/South Exp, Adjacent to Wash
  • Disclosures: Seller Prop Disc Stm
  • 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
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 116000.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 216-11-002-U
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1021.0
  • Tax Book Number: 216.00
  • Tax Lot: -
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Mar 17, 2020
Sold by
Denali Highway Development Authority Llc
Bought by
Savage Gary and Savage Janice
Seller's Agent
Anjeleigh Trefz
Russ Lyon Sotheby's International Realty
Buyer's Agent
Lukas Magnusson
HomeSmart
List Price
$290,000
Sold Price
$265,000
Premium/Discount to List
-$25,000
-8.62%
Current Estimated Value
$1,329,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,064,349
Avg. Annual Appreciation
33.65%

Purchase Details

Closed on
Apr 12, 2017
Sold by
John J And Margaret A Mortensen Living
Bought by
Denali Highway Development Authority Llc

Purchase Details

Closed on
Jul 31, 2012
Sold by
Mortensen John J and Mortensen Margaret A
Bought by
The John J & Margaret A Mortensen Living

Purchase Details

Closed on
Jan 15, 2002
Sold by
Cox Robert A
Bought by
Mortensen John J and Mortensen Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
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
Savage Gary $265,000 Driggs Title Agency Inc
Denali Highway Development Authority Llc $182,000 First American Title Insuran
The John J & Margaret A Mortensen Living -- None Available
Mortensen John J $175,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mortensen John J $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2020 03/21/20 Sold $265,000 -7.0% --
03/06/2020 03/06/20 Pending -- -- --
12/06/2019 12/06/19 Price Changed $285,000 -1.7% --
10/08/2019 10/08/19 For Sale $290,000 -- --
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 $2,168 $57,323 -- --
2024 $2,074 $54,593 -- --
2023 $2,074 $97,280 $19,450 $77,830
2022 $2,032 $72,820 $14,560 $58,260
2021 $1,069 $20,820 $20,820 $0
2020 $1,051 $21,510 $21,510 $0
2019 $1,021 $19,980 $19,980 $0
2018 $987 $21,150 $21,150 $0
2017 $955 $23,730 $23,730 $0
2016 $952 $19,170 $19,170 $0
2015 $955 $16,464 $16,464 $0
Source: Public Records

Agents Affiliated with this Home

  • Anjeleigh Trefz

    Seller's Agent in 2020

    Anjeleigh Trefz

    Russ Lyon Sotheby's International Realty

    (602) 642-5814

    7 in this area

    117 Total Sales

    Anjeleigh Trefz
    Section Image
  • Lukas Magnusson

    Buyer's Agent in 2020

    Lukas Magnusson

    HomeSmart

    (480) 980-4489

    1 in this area

    18 Total Sales

    Lukas Magnusson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5989345

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-11-002U

Arizona Maricopa County Cave Creek 85331

39700 N School House Rd, Cave Creek, AZ

This home is located at 39700 N School House Rd, Cave Creek, AZ 85331 since 09 October 2019 and is currently estimated at $1,329,349. 39700 N School House Rd 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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