NOT LISTED FOR SALE

40XXX N 74th St Cave Creek, AZ 85331

Estimated Value: $1,287,000 - $1,791,000

2.5 Acres
$617,049 Price per Acre
108,900 Sq Ft Lot

Last Sold April 30, 2015

Last sale price $192,500

Est. 701% increase in value since last sale

Current estimated payment $8,395/month

238 Days on Market

Highlights

  • 2.5 Acre Lot
  • Mountain View
  • No HOA
  • Black Mountain Elementary School Rated A-

About This Lot

As of April 2015

Great location in north Cave Creek right near the end of the blacktop road. Dark skies at night and beautiful mountain views during the day. Level land easy to build, and a good spot for horses. Many nice horse trails close by lead to the Tonto National Forest. Elevation 2407 feet.

Last Agent to Sell the Property

Frank Ziskovsky

Ridgecrest Realty License #BR013918000 Listed on: 08/07/2014

Last Buyer's Agent

Frank Ziskovsky

Ridgecrest Realty License #BR013918000 Listed on: 08/07/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $915

Lot Details

  • 2.5 Acre Lot
  • Property is zoned D2.5

Property Views

  • Mountain Views

Schools

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

Community Details

  • No Home Owners Association
  • Town Of Cave Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 216-20-006-B

Property Details

Property Type

Land

Est. Annual Taxes

$915

Lot Details

0

Listing Details

  • Cross Street: HIGHLAND RD.
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: D2.5
  • Tax Year: 2013
  • Directions: Cave Creek road and Schoolhouse Road, North to Highland Road, east to 74th Street, North to second lot on the east side of the road. 74th St. is a private road not maintained by the town.
  • Lot Size Acres: 2.5
  • Road Surface Type: Private Street
  • Subdivision Name: TOWN OF CAVE CREEK
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Lot Features: Mountain View(s)
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: 330 X 330
  • Lot Size Sq Ft: 108900.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 216-20-006-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 914.92
  • Tax Book Number: 216.00
  • Tax Lot: 0
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2019
Sold by
Folts Randall C and Folts Susan C
Bought by
Folts Randall C and Folts Susan C
Current Estimated Value
$1,542,623

Purchase Details

Closed on
May 22, 2018
Sold by
Bell Everett E and Bell Sharon A
Bought by
Folts Randall C and Folts Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$174,770
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,422,428

Purchase Details

Closed on
Nov 1, 2016
Sold by
Bell Everett E and Bell Sharon A
Bought by
Bell Everette E and Bell Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2016
Sold by
Bell Everett E and Bell Sharon A
Bought by
Bell Family Trust and Bell Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2016
Sold by
Bell Everett E and Bell Sharon A
Bought by
Bell Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2016
Sold by
Bell Everett E and Bell Sharon A
Bought by
Bell Everett E and Bell Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2014
Closed on
Apr 27, 2015
Sold by
Blakey A Craig
Bought by
Bell Family Trust
Seller's Agent
Frank Ziskovsky
Ridgecrest Realty
Buyer's Agent
Frank Ziskovsky
Ridgecrest Realty
List Price
$235,000
Sold Price
$192,500
Premium/Discount to List
-$42,500
-18.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.51%
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
Folts Randall C -- None Available
Folts Randall C $761,450 First American Title Insuran
Bell Everette E -- U S Title Agency Llc
Bell Family Trust -- Accommodation
Bell Everett E -- U S Title Agency Llc
Bell Family Trust -- Chicago Title Agency Inc
Bell Everett E -- Chicago Title Agency Inc
Bell Everett E -- Chicago Title Agency Inc
Bell Family Trust $192,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folts Randall C $200,000
Previous Owner Bell Everette E $375,000
Previous Owner Bell Everett E $193,000
Previous Owner Bell Family Trust $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $192,500 -18.1% --
04/01/2015 04/01/15 Pending -- -- --
08/06/2014 08/06/14 For Sale $235,000 -- --
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 $2,591 $68,515 -- --
2024 $2,479 $65,252 -- --
2023 $2,479 $119,170 $23,830 $95,340
2022 $2,429 $91,070 $18,210 $72,860
2021 $2,726 $89,430 $17,880 $71,550
2020 $2,687 $75,610 $15,120 $60,490
2019 $2,489 $64,860 $12,970 $51,890
2018 $2,396 $61,960 $12,390 $49,570
2017 $2,737 $59,050 $11,810 $47,240
2016 $1,029 $19,890 $19,890 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5154461

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-20-006B