NOT LISTED FOR SALE

417XX N Fleming Springs Rd Cave Creek, AZ 85331

Estimated Value: $2,529,000 - $3,121,000

4.39 Acres
$658,384 Price per Acre
191,228 Sq Ft Lot

Last Sold June 05, 2017

Last sale price $220,000

Est. 1,214% increase in value since last sale

Current estimated payment $15,661/month

1,021 Days on Market

Highlights

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

About This Lot

As of June 2017

This beautiful 4.39 acre parcel with wonderful mountain views and lush natural desert vegetation is located close to town yet far enough to enjoy privacy and tranquility. Paved access road and level building envelope set back on lot perfect for your new custom home. Zoned DR-190 Desert Rural Residential. Utilities close to property. Survey available.

Last Agent to Sell the Property

Kathie Nohre

Russ Lyon Sotheby's International Realty License #BR523537000 Listed on: 07/13/2014

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Preston Smith

HomeSmart License #BR508796000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,082

Lot Details

  • 4.39 Acre Lot
  • Property is zoned R-190

Property Views

  • Mountain Views

Schools

  • Black Mountain Elementary School
  • Sonoran Trails Middle School
  • Desert Mountain Elementary High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 216-16-024-H

Property Details

Property Type

Land

Est. Annual Taxes

$1,082

Lot Details

0

Listing Details

  • Cross Street: Cave Creek Rd/Schoolhouse Rd
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R-190
  • Tax Year: 2014
  • Directions: North on Schoolhouse Rd, East on Fleming Springs, just past Echo Canyon on your left, to lot on East side of Rd
  • Lot Size Acres: 4.39
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: H
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

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: Desert Mountain Elementary
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: irregular
  • Lot Size Sq Ft: 191054.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 216-16-024-H
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1082.0
  • Tax Book Number: 216.00
  • Tax Lot: 0
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2020
Sold by
Esposito Michael and Esposito Carie
Bought by
Koch Michael J and Koch Amanda L
Current Estimated Value
$2,890,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$895,927
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,088,734

Purchase Details

Listed on
Jul 13, 2014
Closed on
May 31, 2017
Sold by
Martin Gary A and Martin Prima Jane
Bought by
Esposito Michael and Esposito Carie
Seller's Agent
Kathie Nohre
Russ Lyon Sotheby's International Realty
Buyer's Agent
Preston Smith
HomeSmart
List Price
$325,000
Sold Price
$220,000
Premium/Discount to List
-$105,000
-32.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.76%

Purchase Details

Listed on
Jul 13, 2014
Closed on
Apr 25, 2017
Sold by
Martin Gary A and Wilson Pamela
Bought by
Martin Gary A and Martin Prima Jane
Seller's Agent
Kathie Nohre
Russ Lyon Sotheby's International Realty
Buyer's Agent
Preston Smith
HomeSmart
List Price
$325,000
Sold Price
$220,000
Premium/Discount to List
-$105,000
-32.31%

Purchase Details

Closed on
Apr 10, 2008
Sold by
Martin Gary A
Bought by
Martin Gary A and The Gary A Martin Living Trust

Purchase Details

Closed on
Sep 27, 2006
Sold by
Martin Gary A
Bought by
Gary A Martin Living Trust
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
Koch Michael J $2,000,000 First American Title Ins Co
Esposito Michael $220,000 First American Title Insuran
Martin Gary A -- First American Title Insuran
Martin Gary A -- None Available
Gary A Martin Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koch Michael J $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2017 06/05/17 Sold $220,000 -32.3% --
04/23/2017 04/23/17 Pending -- -- --
07/07/2014 07/07/14 For Sale $325,000 -- --
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 $4,042 $105,508 -- --
2024 $3,870 $100,484 -- --
2023 $3,870 $175,700 $35,140 $140,560
2022 $3,816 $127,060 $25,410 $101,650
2021 $4,198 $127,650 $25,530 $102,120
2020 $1,047 $25,140 $25,140 $0
2019 $1,018 $20,340 $20,340 $0
2018 $983 $20,235 $20,235 $0
2017 $952 $24,195 $24,195 $0
2016 $948 $18,870 $18,870 $0
2015 $951 $14,896 $14,896 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5143725

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-16-024H