NOT LISTED FOR SALE

40411 N 78th St Cave Creek, AZ 85331

Estimated Value: $2,779,000 - $3,094,857

9 Beds
10 Baths
7,625 Sq Ft
$388/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $2,600,000 $341 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $16,283/month

11 Days on Market

Highlights

  • Guest House
  • Barn
  • Private Pool
  • Black Mountain Elementary School Rated A-
  • Arena
  • RV Garage

About This Home

As of January 2022

10 acre Ranch is end of the road & gated, providing peace & serenity with 100's of Saguaro on a Mountainside of pristine Sonoran Desert. Perfect Family compound with a premier Cave Creek location. The Main Home is elevated with spectacular mountain and city light views.
It's lower level has 2nd Kitchen, Living & 2 Bedrooms. Also includes a separate Guest Home and a Bunkhouse apartment at the Barn. 5 Garage Bays plus detached Garage for hobbies and a 45' RV. Premier Equestrian facilities: Dressage Arena & 2 Barns. Inquire about additional 40 acre land parcels that are available, see MLS: 6286084 & 6286107 Property is Gated and monitored, make an appointment to view.

Last Agent to Sell the Property

Debbie Omundson

Russ Lyon Sotheby's International Realty License #BR043321000 Listed on: 01/07/2022

Russ Lyon Sotheby's International Realty

Co-Listed By

Susan Folts

Russ Lyon Sotheby's International Realty License #SA562228000

Last Buyer's Agent

Pete Baldwin

Platinum Realty Network License #BR537748000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,468

Year Built

  • Built in 2001

Lot Details

  • 9.9 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence

Parking

  • 7 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • RV Garage

Home Design

  • Wood Frame Construction
  • Stone Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 7,625 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Diving Board
  • Above Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Horse Facilities and Amenities

  • Horse Automatic Waterer
  • Horses Allowed On Property
  • Horse Stalls
  • Corral
  • Tack Room
  • Arena

Utilities

  • Evaporated cooling system
  • Refrigerated and Evaporative Cooling System
  • Central Air
  • Heating Available
  • Propane
  • Septic Tank
  • High Speed Internet

Additional Features

  • Solar Power System
  • Guest House
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 216-20-004-M

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom

Recreation

  • Sport Court
  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,468

Year Built

Built in 2001

Lot Details

0

Parking

7

Listing Details

  • Cross Street: Cave Creek Road and School House Road
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 7.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2001
  • Tax Year: 2021
  • Directions: North on School House to Highland, turn right and follow to gate at the end of the road. Continue up the mountain to Main Home.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 9.9
  • Co List Office Mls Id: lyon05
  • Co List Office Phone: 480-488-2400
  • Subdivision Name: .
  • Architectural Style: Other
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • Tax Parcel Letter: M
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Possible Use: Ranch, Farm
  • Spa Features: Above Ground
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 11
  • Total Bedrooms: 9
  • Fireplace Features: 2 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Central Vacuum, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 7625.0
  • Stories: 2
  • Window Features: Skylight(s)
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Sport Court(s)
  • Lot Features: Desert Back, Desert Front
  • Pool Features: Diving Pool, Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Rock, Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Sport Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 7.0
  • Parking Features: RV Access/Parking, Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets, Over Height Garage, RV Garage
  • Attached Garage: No
  • Garage Spaces: 7.0
  • Open Parking Spaces: 6.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:RV Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Utilities: Propane
  • Cooling: Central Air, Both Refrig & Evap, Ceiling Fan(s), Evaporative Cooling
  • 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

  • Horse Amenities: Arena, Auto Water, Barn, Bridle Path Access, Corral(s), Stall, Tack Room
  • Land Lease: No
  • Lot Size Sq Ft: 431244.0
  • Parcel #: 216-20-004-M

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 9468.0
  • Tax Book Number: 216.00
  • Tax Lot: -
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Jan 12, 2022
Sold by
Marc And Wendy Dinnerstein Revocable Tru
Bought by
Collin L Thorstenson Living Trust
Seller's Agent
Debbie Omundson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Pete Baldwin
Platinum Realty Network
List Price
$2,500,000
Sold Price
$2,600,000
Premium/Discount to List
$100,000
4%
Current Estimated Value
$2,954,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,714
Avg. Annual Appreciation
3.54%

Purchase Details

Closed on
Nov 6, 2015
Sold by
Garvin Philip and Seda Garvin Angela
Bought by
Marc & Wendy Dinnerstein Revocable Trust
Source: Public Records

Range of Values:

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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
Collin L Thorstenson Living Trust $2,600,000 First American Title
Marc & Wendy Dinnerstein Revocable Trust $1,660,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $2,600,000 +4.0% $341 / Sq Ft
12/30/2021 12/30/21 For Sale $2,500,000 +61.3% $328 / Sq Ft
04/11/2014 04/11/14 Sold $1,550,000 -8.8% $212 / Sq Ft
01/25/2014 01/25/14 Pending -- -- --
09/24/2013 09/24/13 For Sale $1,700,000 -- $232 / 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 $7,419 $160,575 -- --
2024 $7,029 $152,929 -- --
2023 $7,029 $255,520 $51,100 $204,420
2022 $6,919 $165,430 $33,080 $132,350
2021 $7,548 $163,310 $32,660 $130,650
2020 $7,424 $150,350 $30,070 $120,280
2019 $7,213 $149,770 $29,950 $119,820
2018 $6,970 $135,820 $27,160 $108,660
2017 $6,746 $131,230 $26,240 $104,990
2016 $6,721 $138,600 $27,720 $110,880
Source: Public Records

Agents Affiliated with this Home

  • Debbie Omundson

    Seller's Agent in 2022

    Debbie Omundson

    Russ Lyon Sotheby's International Realty

    (480) 375-1522

    115 Total Sales

    Debbie Omundson
    Section Image
  • Susan Folts

    Seller Co-Listing Agent in 2022

    Susan Folts

    Russ Lyon Sotheby's International Realty

    (480) 540-4410

    61 Total Sales

    Susan Folts
    Section Image
  • Pete Baldwin

    Buyer's Agent in 2022

    Pete Baldwin

    Platinum Realty Network

    (480) 326-6521

    41 Total Sales

    Pete Baldwin
    Section Image
  • Rebecca Norton

    Seller's Agent in 2014

    Rebecca Norton

    Coldwell Banker Realty

    (480) 220-2375

    45 Total Sales

    Rebecca Norton
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6336341

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-20-004M

Arizona Maricopa County Cave Creek 85331

40411 N 78th St, Cave Creek, AZ

This home is located at 40411 N 78th St, Cave Creek, AZ 85331 since 07 January 2022 and is currently estimated at $2,954,714, approximately $387 per square foot. This property was built in 2001. 40411 N 78th St 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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