NOT LISTED FOR SALE

40590 N 50th St Cave Creek, AZ 85331

Estimated Value: $1,863,000 - $1,989,000

5 Beds
4 Baths
5,744 Sq Ft
$334/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $1,625,000 $283 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,477/month

270 Days on Market

Highlights

  • Guest House
  • Horses Allowed On Property
  • 5.73 Acre Lot
  • Black Mountain Elementary School Rated A-
  • RV Access or Parking
  • Mountain View

About This Home

As of April 2022

Remarkable Cave Creek territorial home perched on the edge of the mountain overlooking the town, stunning 360 degree views of this beautiful part of the state. Property sits on almost 6 acres of Sonoran desert landscape. Main house by Don Fredricks, 3 car garage, income producing 1,600sf 2 bed 2 bath casita complete with full kitchen & washer/dryer of its own has long history as a short term rental, there's a spot to park your motorhome with water /electric hookup. Through a stained glass gate you enter the charming courtyard of the main house. Here, you're met with a 3,000 gallon fountain that serves as a four-foot deep pool. Through the main entrance you're immediately struck by the jaw-dropping north-facing facade of the house that opens up to the foothills of the Jewel of the Creek land preserve and thousands of square miles of state land beyond that. One thousand feet in elevation higher than the greater Phoenix and Scottsdale areas, you'll enjoy a milder climate and a night sky full of stars. All within quick and easy access to a full array of amenities, and shopping, and less than an hour drive to Sky Harbor International Airport, just 90 minutes from Sedona, and a two-hour drive to the snow-capped mountains of Northern Arizona. Through the open floor plan, the living and dining spaces combine a spacious kitchen, custom cabinetry, granite countertops, walk-in-pantry, Sub-Zero refrigerator, and other modern appliances. Just outside is an outdoor kitchen with built in BBQ grill and a beautifully tiled wood fire pizza oven. Through the kitchen, you enter a 420sqft separated living area, utilize as a split floor plan second master, office, studio or anything you wish for this secluded space. A separate entrance opens up to the courtyard for private access directly across from the garage entrance. The 320sqft first floor master bedroom enjoys the mountain views, a sliding patio door, and a generous walk-in closet space. Next to the master bedroom on the ground floor is the fourth bedroom with a courtyard view. Upstairs are two bedrooms, a double vanity bathroom, and a south-facing full windowed room that can be used for multiple purposes. Think exercise room, office, or just a beautiful place to hang out and enjoy your view of miles and miles. Like the main house, the casita enjoys 360 degree views but at a slightly higher elevation. A semi-secluded colorful patio encourages you to relax and take in the northern mountains. Inside the casita is a living and dining area, open kitchen, and in addition to the two bedrooms, a spacious studio that can be used as a 3rd bedroom, office, or art studio. Much of the northern part of the property is fenced in decorative wrought iron to protect pets. You won't find another home quite Like this in terms of its view, land, proximity to outside amenities, and authentic Arizona charm. The home is likely to sell quickly! Schedule an appointment to see this unique property for yourself! This is your chance to own a rare upscale home on a large piece of desert land, enjoying spectacular views you'll love waking up to every morning.

Last Agent to Sell the Property

Austin Carlise

Keller Williams Realty Sonoran Living License #SA662947000 Listed on: 06/13/2021

Keller Williams Realty Sonoran Living

Last Buyer's Agent

Lynn Knowles

Keller Williams Realty Sonoran Living License #BR681592000

Keller Williams Realty Sonoran Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,159

Year Built

  • Built in 2000

Lot Details

  • 5.73 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Corner Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

Parking

  • 3 Car Detached Garage
  • 6 Open Parking Spaces
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Roof Updated in 2021
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 5,744 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Living Room with Fireplace
  • Mountain Views

Kitchen

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

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Shared Well
  • Septic Tank

Additional Features

  • Guest House
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Don Fredericks

Listing and Financial Details

  • Assessor Parcel Number 211-59-006-K

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,159

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Cross Street: E Cave Creek Road & Spur Cross
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2017
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2021
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2020
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2000
  • Tax Year: 2020
  • Directions: North on Spur Cross Road to Cahava Ranch RD, Name changes to Rockaway. Cross creek and turn south, turn right on 50th ST to home. Look for wrought iron gates.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 5.73
  • Subdivision Name: Metes & Bounds
  • Property Attached Yn: No
  • Tax Parcel Letter: K
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Master Downstairs, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 5744.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • 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
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Other, Balcony, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Natural Desert Back, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Natural Desert Front
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Seller Discl Avail, Well Disclosure
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Access/Parking, Circular Driveway, Detached
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 6.0
  • Parking Features:Detached: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company, Shared 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: 249430.0
  • Parcel #: 211-59-006-K

Building Info

  • Builder Name: Don Fredericks

Tax Info

  • Tax Annual Amount: 4159.0
  • 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
Jul 23, 2025
Sold by
Randolph Mary and Randolph Dennis
Bought by
Mary And Dennis Randolph Trust and Randolph
Current Estimated Value
$1,920,522

Purchase Details

Closed on
Apr 29, 2025
Sold by
Buenger Gail
Bought by
Buenger Family Trust and Buenger

Purchase Details

Closed on
Jul 5, 2022
Sold by
Mary Randolph
Bought by
Randolph Mary and Randolph Dennis

Purchase Details

Listed on
Jun 13, 2021
Closed on
Apr 1, 2022
Sold by
Lake Michael M
Bought by
Ndolph Mary Ra and Randolph Dennis
Seller's Agent
Austin Carlise
Keller Williams Realty Sonoran Living
Buyer's Agent
Lynn Knowles
Keller Williams Realty Sonoran Living
List Price
$1,739,000
Sold Price
$1,625,000
Premium/Discount to List
-$114,000
-6.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$960,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2011
Sold by
U S Bank National Association
Bought by
Lake Michael M and Lake Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2011
Sold by
Degruccio Paul M and Degruccio Barbara L
Bought by
Us Bank National Association and Downey Asvings & Loanassociation F A

Purchase Details

Closed on
Jan 9, 2003
Sold by
Degruccio Damian M
Bought by
Degruccio Paul M and Degruccio Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,900
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 27, 2000
Sold by
Degruccio Paul R
Bought by
Degruccio Paul M and Degruccio Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Interest Rate
8.55%

Purchase Details

Closed on
Aug 4, 1999
Sold by
Degruccio Paul R and Degruccio Damian M
Bought by
Degruccio Paul M and Degruccio Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,450
Interest Rate
7.7%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 10, 1998
Sold by
Kendall Gordon
Bought by
Degruccio Paul R and Degruccio Damian M

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
6.54%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 9, 1998
Sold by
Bridge William H and Bridge Gladys Gloria
Bought by
Kendall Gordon

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
6.54%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 3, 1998
Sold by
Bridge William H and Bridge Gladys Gloria
Bought by
Calvin William W

Purchase Details

Closed on
Dec 18, 1995
Sold by
Bridge William H and Bridge Gladys Gloria
Bought by
Preservation Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,515
Interest Rate
7.38%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Mary And Dennis Randolph Trust -- None Listed On Document
Buenger Family Trust -- None Listed On Document
Randolph Mary $812,500 None Listed On Document
Ndolph Mary Ra $1,625,000 Magnus Title
Lake Michael M $667,000 Lawyers Title Of Arizona Inc
Us Bank National Association $674,250 Great American Title
Degruccio Paul M -- Grand Canyon Title Agency In
Degruccio Paul M -- Grand Canyon Title Agency In
Degruccio Paul M -- First American Title
Degruccio Paul R $165,000 First American Title
Kendall Gordon $460,000 First American Title
Calvin William W $950,000 First American Title
Preservation Equities Llc $160,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ndolph Mary Ra $960,000
Previous Owner Lake Michael M $267,000
Previous Owner Degruccio Paul M $730,000
Previous Owner Degruccio Paul M $438,000
Previous Owner Degruccio Paul M $426,450
Previous Owner Degruccio Paul R $140,000
Previous Owner Kendall Gordon $459,000
Previous Owner Preservation Equities Llc $24,515
Closed Preservation Equities Llc $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $1,625,000 +4.8% $283 / Sq Ft
02/11/2022 02/11/22 Price Changed $1,550,000 -10.9% $270 / Sq Ft
01/06/2022 01/06/22 For Sale $1,739,000 0.0% $303 / Sq Ft
01/06/2022 01/06/22 Price Changed $1,739,000 +7.0% $303 / Sq Ft
12/20/2021 12/20/21 Off Market $1,625,000 -- --
11/29/2021 11/29/21 For Sale $1,850,000 +13.8% $322 / Sq Ft
11/24/2021 11/24/21 Off Market $1,625,000 -- --
06/10/2021 06/10/21 For Sale $1,850,000 -- $322 / 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 $4,018 $104,974 -- --
2024 $3,847 $99,975 -- --
2023 $3,847 $117,580 $23,510 $94,070
2022 $3,793 $94,310 $18,860 $75,450
2021 $4,177 $94,150 $18,830 $75,320
2020 $4,159 $82,250 $16,450 $65,800
2019 $4,206 $81,930 $16,380 $65,550
2018 $4,149 $80,730 $16,140 $64,590
2017 $3,975 $77,710 $15,540 $62,170
2016 $3,991 $84,010 $16,800 $67,210
2015 $3,741 $77,010 $15,400 $61,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6248702

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-59-006K