NOT LISTED FOR SALE

40620 N 54th St Cave Creek, AZ 85331

Estimated Value: $368,000 - $402,000

1.93 Acres
$201,900 Price per Acre
84,071 Sq Ft Lot

Last Sold November 25, 2019

Last sale price $167,000

Est. 133% increase in value since last sale

Current estimated payment $2,149/month

292 Days on Market

Highlights

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

About This Lot

As of November 2019

Look no further to build your dream home than this level parcel with 360 degree views! Great area for the horse enthusiast as trails are nearby. Easy ride or hike to Spur Cross Ranch. Well on property. Look for the 40624 address on the flagstone. That is the correct property. The correct address will be given out at time of permit. Call if you have any questions.

Last Agent to Sell the Property

Janet Mohr

Realty Executives Arizona Territory License #BR008015000 Listed on: 11/12/2019

Realty Executives Arizona Territory

Last Buyer's Agent

Jessica Pile

Coldwell Banker Realty License #SA648904000

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $959

Lot Details

  • 1.93 Acre Lot
  • Level Lot
  • Property is zoned DR190

Schools

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

Additional Features

  • Mountain Views
  • North or South Exposure
  • Horses Allowed On Property
  • Well

Listing and Financial Details

  • Assessor Parcel Number 211-59-061-D

Community Details

Overview

  • No Home Owners Association
  • Pt Nw4 Ne4 Sec 20 Daf Beg At Se Cor Of Sd Nw4 Ne4 Th W 280F Th N 300F Th E 280F Th S 300F To Pob Subdivision

Recreation

  • Horse Trails

Property Details

Property Type

Land

Est. Annual Taxes

$959

Lot Details

0

Listing Details

  • Cross Street: Cave Creek and Spur Cross
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Level
  • Zoning: DR190
  • Tax Year: 2019
  • Directions: Spur Cross Rd to Cahava Ranch Rd, West to 54th St, Sourth to flagstone monument that says 40624. YOu will drive past the address posted with
  • Horses: Yes
  • Lot Size Acres: 1.93
  • Road Surface Type: Asphalt
  • Subdivision Name: PT NW4 NE4 SEC 20 DAF BEG AT SE COR OF SD NW4 NE4 TH W 280F TH N 300F TH E 280F TH S 300F TO POB
  • Tax Parcel Letter: D
  • View:Mountain View(s): Yes
  • Water Source Domestic Well2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: North/South Exp
  • View: Mountain(s)
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: Domestic Well

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: 301x280
  • Horse Amenities: Bridle Path Access
  • Lot Size Sq Ft: 84096.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 211-59-061-D

Tax Info

  • Tax Annual Amount: 959.0
  • Tax Book Number: 211.00
  • Tax Lot: 0
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2019
Closed on
Oct 21, 2019
Sold by
Barro Michael J and Barro Christa M
Bought by
Capen Edmund and Keller Margaret
Seller's Agent
Janet Mohr
Realty Executives Arizona Territory
Buyer's Agent
Jessica Pile
Coldwell Banker Realty
List Price
$179,000
Sold Price
$167,000
Premium/Discount to List
-$12,000
-6.7%
Current Estimated Value
$389,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,667
Avg. Annual Appreciation
15.89%

Purchase Details

Closed on
Feb 21, 2012
Sold by
First Credit Union
Bought by
Barro Michael J and Barro Christa M

Purchase Details

Closed on
Sep 14, 2011
Sold by
Kautzman Luke N and Kaautzman Corrine A
Bought by
First Credit Union

Purchase Details

Closed on
Oct 26, 2007
Sold by
Smit Roger L and Smit Phyllis J
Bought by
Kautzman Luke N and Kautzman Corinne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,400
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2004
Sold by
Barro Michael J and Barro Christa M
Bought by
Boisson Cyril Marcel and Boisson Elizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 28, 2003
Sold by
Cossman David and Cossman Jill A
Bought by
Barro Michael J and Barro Christa M

Purchase Details

Closed on
Oct 14, 1994
Sold by
Englund Sean W and Englund Diana K
Bought by
Smit Roger L and Smit Phyllis J

Purchase Details

Closed on
Aug 8, 1994
Sold by
Nielsen Rebecca A
Bought by
Englund Sean W and Englund Diana K
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
Capen Edmund $167,000 First American Title Ins Co
Barro Michael J $80,000 Fidelity National Title Agen
First Credit Union $91,000 Fidelity National Title
Kautzman Luke N $270,500 The Talon Group Tramonto
Boisson Cyril Marcel $225,000 Capital Title Agency Inc
Barro Michael J $484,797 Capital Title Agency Inc
Smit Roger L $35,000 United Title Agency
Englund Sean W $35,000 United Title Agency
Nielsen Rebecca A -- United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kautzman Luke N $228,400
Previous Owner Boisson Cyril Marcel $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2019 11/25/19 Sold $167,000 -6.7% --
11/12/2019 11/12/19 For Sale $179,000 0.0% --
11/12/2019 11/12/19 Price Changed $179,000 0.0% --
10/15/2019 10/15/19 Pending -- -- --
09/03/2019 09/03/19 Price Changed $179,000 -10.1% --
12/27/2018 12/27/18 For Sale $199,000 -- --
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 $991 $21,448 $21,448 --
2024 $939 $20,426 $20,426 --
2023 $939 $25,230 $25,230 $0
2022 $920 $21,480 $21,480 $0
2021 $1,004 $19,755 $19,755 $0
2020 $987 $20,460 $20,460 $0
2019 $959 $18,435 $18,435 $0
2018 $927 $19,845 $19,845 $0
2017 $897 $18,855 $18,855 $0
2016 $894 $16,950 $16,950 $0
2015 $897 $15,152 $15,152 $0
Source: Public Records

Agents Affiliated with this Home

  • Janet Mohr

    Seller's Agent in 2019

    Janet Mohr

    Realty Executives

    (602) 980-7653

    41 in this area

    135 Total Sales

    Janet Mohr
    Section Image
  • Jessica Pile

    Buyer's Agent in 2019

    Jessica Pile

    Coldwell Banker Realty

    (602) 692-5326

    47 Total Sales

    Jessica Pile
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5861147

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-59-061D

Arizona Maricopa County Cave Creek 85331

40620 N 54th St, Cave Creek, AZ

This home is located at 40620 N 54th St, Cave Creek, AZ 85331 since 12 November 2019 and is currently estimated at $389,667. 40620 N 54th 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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