NOT LISTED FOR SALE

40246 N 54th St Cave Creek, AZ 85331

Estimated Value: $932,000 - $1,131,000

3 Beds
3 Baths
2,723 Sq Ft
$382/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $895,000 $329 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,638/month

12 Days on Market

Highlights

  • Horses Allowed On Property
  • RV Access or Parking
  • 2.66 Acre Lot
  • Black Mountain Elementary School Rated A-
  • Solar Power System
  • Mountain View

About This Home

As of October 2021

ONE OF A KIND UNIQUE CAVE CREEK HIDEAWAY ON 2.5 ACRES. ARTISTICALLY DESIGNED HOME INCORPORATES LOCAL EARTH ELEMENTS INTO THE STRUCTURE. SLATE ROCK FLOORS, MARBLE COUNTERS,ALDER WOOD DOORS & CABINETS, SKYLITES, FIREPLACE & WET BAR W/ COPPER SINK. 3 SPLIT BEDROOMS EACH WITH PRIVATE BATH. GREAT ROOM. DESIGNER KITCHEN HAS JENNAIR GLASSTOP RANGE, DACOR DOUBLE OVENS & WALK IN PANTRY. CHARMING COURTYARD & PATIOS WITH VIEWS IN ALL DIRECTIONS. DONT' MISS THIS RARE OPPORTUNITY TO LIVE THE GOOD LIFE. STAR STUDDED NIGHTS, COOL PEACEFUL DAYS ,BRILLIANT SUNRISES & SUNSETS. ALL WITHIN MINUTES OF THE HISTORIC TOWN OF CAVE CREEK. THIS IS ARIZONA LIVING AT IT'S BEST!

Last Agent to Sell the Property

Lynn Dodd

Fathom Realty Elite License #SA017218000 Listed on: 08/06/2021

Fathom Realty Elite

Last Buyer's Agent

Shandi Hudson

RETSY License #SA649216000

RETSY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,890

Year Built

  • Built in 1977

Lot Details

  • 2.66 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front Yard Sprinklers
  • Private Yard

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,723 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Additional Features

  • No Interior Steps
  • Solar Power System
  • Covered Patio or Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by CUSTOM BARTCO REMODEL
  • Lengthy Metes And Bounds Legal To Be Provided In Escrow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 211-59-001-U

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,890

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Cross Street: SPUR CROSS RD & CAHAVA RANCH RD
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2005
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2005
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2005
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2005
  • Updated Room Addition: Partial
  • Items Updated Rm Adtn Yr Updated: 2005
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2020
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2005
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1977
  • Tax Year: 2020
  • Directions: CAVE CREEK RD FROM CAREFREE HWY GO NORTH 2.6 MILES TO SPUR CROSS RD-TURN NORTH-ROAD JOGS-CONTINUE NORTH 1.7 MILES TO CAHAVA RANCH RD- WEST 1/2 MILE TO 54TH STREET TAKE A HARD LEFT-GO SOUTH 1/2 MILE
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 2.66
  • Subdivision Name: LENGTHY METES AND BOUNDS LEGAL TO BE PROVIDED IN ESCROW
  • Architectural Style: Other
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • Tax Parcel Letter: U
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 2723.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Private Yard
  • Lot Features: Sprinklers In Front, Desert Front, Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail, Well Disclosure
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Built-Up
  • 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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking, Garage Door Opener, Circular Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Well
  • Heating:Electric: Yes
  • Sewer Septic Tank: 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: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 115699.0
  • Parcel #: 211-59-001-U

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: CUSTOM BARTCO REMODEL

Tax Info

  • Tax Annual Amount: 1890.0
  • 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
Oct 16, 2023
Sold by
Farrell Harry and Farrell Susan
Bought by
Susan Farrell Trust and Farrell
Current Estimated Value
$1,039,539

Purchase Details

Listed on
Aug 6, 2021
Closed on
Oct 7, 2021
Sold by
Cozad Megan
Bought by
Farrell Harry and Farrell Susan
Seller's Agent
Lynn Dodd
Fathom Realty Elite
Buyer's Agent
Shandi Hudson
RETSY
List Price
$895,000
Sold Price
$895,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
Mar 30, 2012
Sold by
Merryweather Marion
Bought by
Merryweather Marion and Marion Merryweather Trust

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
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2010
Sold by
Merryweather Marion
Bought by
Merryweather Marion and Marion Merryweather Trust

Purchase Details

Closed on
Jun 7, 2010
Sold by
Arnold Byron T and Merryweather Marion N
Bought by
Merryweather Marion M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,600
Interest Rate
4.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2003
Sold by
Lyman Lloyd C and Lyman Mary M
Bought by
Arnold Byron T and Merryweather Marion M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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
Susan Farrell Trust -- None Listed On Document
Farrell Harry $895,000 Security Title Agency Inc
Merryweather Marion -- Accommodation
Merryweather Marion -- Driggs Title Agency Inc
Merryweather Marion -- Driggs Title Agency Inc
Merryweather Marion -- None Available
Merryweather Marion M -- First American Title Ins Co
Arnold Byron T $305,700 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merryweather Marion $140,000
Previous Owner Merryweather Marion M $142,600
Previous Owner Arnold Byron T $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $895,000 0.0% $329 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $895,000 0.0% $329 / Sq Ft
11/01/2017 11/01/17 Rented $2,200 -8.3% --
10/24/2017 10/24/17 Under Contract -- -- --
09/25/2017 09/25/17 For Rent $2,400 -- --
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 $1,774 $38,397 -- --
2024 $1,681 $36,568 -- --
2023 $1,681 $61,100 $12,220 $48,880
2022 $1,749 $35,220 $7,040 $28,180
2021 $1,922 $35,480 $7,090 $28,390
2020 $1,890 $32,170 $6,430 $25,740
2019 $1,864 $32,050 $6,410 $25,640
2018 $1,801 $30,220 $6,040 $24,180
2017 $1,743 $29,800 $5,960 $23,840
2016 $1,736 $32,770 $6,550 $26,220
2015 $1,384 $28,010 $5,600 $22,410
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6275894

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-59-001U