NOT LISTED FOR SALE

40192 N 50th St Cave Creek, AZ 85331

Estimated Value: $455,000 - $2,119,000

5.03 Acres
$204,904 Price per Acre
219,107 Sq Ft Lot

Last Sold September 04, 2020

Last sale price $360,000

Est. 186% increase in value since last sale

Current estimated payment $5,610/month

502 Days on Market

Highlights

  • Horses Allowed On Property
  • City Lights View
  • No HOA
  • Black Mountain Elementary School Rated A-
  • 5.03 Acre Lot
  • Property is near a preserve or public land

About This Lot

As of September 2020

This is an amazing, once in a lifetime opportunity. Elevated 5 acre lot at the foot of the Cave Creek Recreational Park. Own 5.03 but enjoy the whole park as your backdrop! The Seven Sisters, beautiful rock outcroppings and lush Sonoran desert vegetation adorn this land. The view of the horizon takes in everything from Skull Mesa, the Continentals, and the sleepy town of Cave Creek. The lot is just above the five acre lot at the end of the road. Agent must accompany showings. Please use showing time. Please view aerial vimeo also.

Last Agent to Sell the Property

Janet Mohr

Realty Executives Arizona Territory License #BR008015000 Listed on: 03/21/2019

Realty Executives Arizona Territory

Last Buyer's Agent

Janet Mohr

AZ Brokerage Holdings, LLC License #BR008015000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,622

Lot Details

  • 5.03 Acre Lot
  • Property is zoned R190

Property Views

  • City Lights
  • Mountain

Schools

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

Additional Features

  • North or South Exposure
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • M&B Backs To Cave Creek Rec Park Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 211-59-010-T

Property Details

Property Type

Land

Est. Annual Taxes

$1,622

Lot Details

0

Listing Details

  • Cross Street: Cave Creek Rd and Spur Cross Rd
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Hillside, Gentle Sloping, Level
  • Zoning: R190
  • Tax Year: 2018
  • Directions: Spur Cross Road North on Cave Creek Rd to Yucca (Just before Fleming Springs Rd) go west, curves around to Desert Hills Drive, cross creek to last street (50th St) North to the end of the road.
  • Horses: Yes
  • Lot Size Acres: 5.03
  • Road Surface Type: Dedicated Street
  • Subdivision Name: M&B Backs to Cave Creek Rec Park
  • Tax Parcel Letter: T
  • View:Mountain View(s): Yes
  • View:City Light View(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: North/South Exp, Border Common Area, Borders Pres/Pub Lnd
  • View: City Lights, Mountain(s)
  • Disclosures: Seller Prop Disc Stm, Boundary Survey Avlb

Utilities

  • Electric: APS
  • Water Source: See Remarks, Other

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: 333 x 659
  • Lot Size Sq Ft: 219025.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 211-59-010-T

Tax Info

  • Tax Annual Amount: 1622.0
  • Tax Book Number: 211.00
  • Tax Lot: 0
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2024
Sold by
Shaalan Nadine and Britt Robert Roy
Bought by
Boshitt Trust and Britt
Current Estimated Value
$1,030,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2022
Sold by
Miller Lynelle
Bought by
Boshitt Trust

Purchase Details

Listed on
Mar 21, 2019
Closed on
Aug 7, 2020
Sold by
Wayne Miller Timothy
Bought by
Lynelle Henninger
Seller's Agent
Janet Mohr
Realty Executives Arizona Territory
Buyer's Agent
Janet Mohr
Realty Executives Arizona Territory
List Price
$480,000
Sold Price
$360,000
Premium/Discount to List
-$120,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.11%

Purchase Details

Closed on
May 16, 1996
Sold by
Daiss David E and Daiss Dorene
Bought by
Gould Sheila B
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Boshitt Trust -- --
Boshitt Trust -- --
Boshitt Trust -- --
Shaalan Nadine -- Pioneer Title Agency
Boshitt Trust $425,000 Pioneer Title
Lynelle Henninger -- First American Title Ins Co
Lynelle Henninger $360,000 First American Title Ins Co
Gould Sheila B -- --
Daiss David E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaalan Nadine $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $360,000 -8.9% --
08/03/2020 08/03/20 Pending -- -- --
01/09/2020 01/09/20 Price Changed $395,000 -17.7% --
03/20/2019 03/20/19 For Sale $480,000 -- --
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 $1,734 $37,534 $37,534 --
2024 $1,643 $35,746 $35,746 --
2023 $1,643 $41,625 $41,625 $0
2022 $1,611 $37,065 $37,065 $0
2021 $1,757 $34,380 $34,380 $0
2020 $1,728 $36,240 $36,240 $0
2019 $1,679 $37,590 $37,590 $0
2018 $1,622 $40,920 $40,920 $0
2017 $1,570 $44,190 $44,190 $0
2016 $1,564 $42,435 $42,435 $0
2015 $1,570 $32,768 $32,768 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5899313

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-59-010T