NOT LISTED FOR SALE

42000 N Fleming Springs Rd Cave Creek, AZ 85331

Estimated Value: $464,000 - $597,000

19.94 Acres
$26,605 Price per Acre
868,586 Sq Ft Lot

Last Sold July 09, 2020

Last sale price $600,000

Est. 12% decrease in value since last sale

Current estimated payment $2,970/month

740 Days on Market

Highlights

  • City Lights View
  • 19.94 Acre Lot
  • Cul-De-Sac
  • Black Mountain Elementary School Rated A-
  • No HOA

About This Lot

As of July 2020

Opportunity knocks . . . 20 pristine acres that are private yet close to town. Build your own dream home or ranch on the flat and generous building envelope and enjoy 360 degree mountain views plus a wash that runs along the south side of the property. The 20 acres includes 3 contiguous lots - (1) 10 acre that is mostly flat with wash and some hillside to the south and (2) 5 acre parcels that are hillside and provide privacy or elevation should a higher pad be preferred for more views. Utilites are currently at Fleming Springs Road but conduit has been laid to the parcel. Adjacent property has a capped well, so water is available. Gravel road for 0.5 miles to the property from Fleming Springs Rd.

Last Agent to Sell the Property

Cindy Metz

Russ Lyon Sotheby's International Realty License #SA579643000 Listed on: 01/22/2018

Russ Lyon Sotheby's International Realty

Co-Listed By

Kathy Reisdorf

Russ Lyon Sotheby's International Realty License #SA574840000

Last Buyer's Agent

Larry Siferd

Berkshire Hathaway HomeServices Arizona Properties License #SA507545000

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,070

Lot Details

  • 19.94 Acre Lot
  • Cul-De-Sac
  • 3 Lots in the community
  • Property is zoned R-190

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

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

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Tax Lot PXW
  • Assessor Parcel Number 216-17-005-P

Property Details

Property Type

Land

Est. Annual Taxes

$4,070

Lot Details

0

Listing Details

  • Cross Street: School House and N. Fleming Springs Rd.
  • Property Type: Land
  • Development Status: Raw Land, Plans Available
  • Zoning: R-190
  • Tax Year: 2019
  • Directions: Right/east on Fleming Springs for 1.5 miles, after 5th speed bump, take a right on 72nd Street (marked with a green post), go .2 miles, then left/east before uphill, follow .3 miles to cul-de-sac.
  • Lot Size Acres: 19.94
  • Road Surface Type: Gravel, Dirt
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: Metes and Bounds
  • Tax Parcel Letter: P
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Ranch

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, City Light View(s), Mountain View(s), North/South Exp, Adjacent to Wash
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: City Electric

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: 659.38x1315.32
  • Lot Size Sq Ft: 868590.0
  • Number Of Lots: 3
  • Additional Parcels: No
  • Parcel #: 216-17-005-P
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4070.0
  • Tax Book Number: 216.00
  • Tax Lot: PXW
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
Hoffman Ann
Bought by
Ap Cave Creek Llc
Current Estimated Value
$530,500

Purchase Details

Listed on
Jan 22, 2018
Closed on
Jul 8, 2020
Sold by
Abart Properties Corporationn
Bought by
Hoffman Ann and Hoffman Matthew
Seller's Agent
Cindy Metz
Russ Lyon Sotheby's International Realty
Buyer's Agent
Larry Siferd
Berkshire Hathaway HomeServices Arizona Properties
List Price
$799,000
Sold Price
$600,000
Premium/Discount to List
-$199,000
-24.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.33%
Original Mortgage
$265,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 13, 2016
Sold by
Ferrari Pamela J and Ferrari Arthur J
Bought by
Ferrari Arthur J and Ferrari Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 2016
Sold by
Ferrari Arthur J and Ferrari Barbara J
Bought by
Abart Properties Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2007
Sold by
Ragland Danny L
Bought by
Ferrari Arthur J and Ferrari John L

Purchase Details

Closed on
Jun 20, 2006
Sold by
Baron Partners Llc
Bought by
Dm Property Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
6.66%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 14, 2006
Sold by
Baron Partners Llc
Bought by
Ragland Danny L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2005
Sold by
Foot Creek Corp Of Arizona & Grandilla A
Bought by
Calvin William W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 23, 2005
Sold by
Calvin William W
Bought by
Calvin William W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 11, 2005
Sold by
Calvin William W
Bought by
Schneider Joseph J and Schneider Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.84%
Mortgage Type
Seller Take Back
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
Ap Cave Creek Llc -- None Listed On Document
Hoffman Ann $600,000 Chicago Title Agency
Ferrari Arthur J -- Chicago Title Insurance Co
Ferrari Arthur J -- Chicago Title Insurance Co
Abart Properties Corporation -- Chicago Title Insurance Co
Ferrari Arthur J $1,260,000 Chicago Title Insurance Co
Dm Property Development Llc $1,100,000 Lawyers Title Insurance Corp
Ragland Danny L $1,140,000 North American Title Co
Calvin William W $2,677,073 Fidelity National Title
Calvin William W $1,350,000 Capital Title Agency Inc
Baron Partners Llc $800,000 Capital Title Agency Inc
Baron Partners Llc $800,000 Capital Title Agency Inc
Schneider Joseph J $650,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman Matthew Paul $460,000
Previous Owner Hoffman Ann $265,000
Previous Owner Abart Properties Corporation $700,000
Previous Owner Dm Property Development Llc $2,700,000
Previous Owner Ragland Danny L $470,000
Previous Owner Calvin William W $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2020 07/09/20 Sold $600,000 0.0% --
01/31/2020 01/31/20 Pending -- -- --
08/09/2018 08/09/18 Price Changed $600,000 -17.2% --
04/22/2018 04/22/18 Price Changed $725,000 -9.3% --
01/21/2018 01/21/18 For Sale $799,000 -- --
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 $1,886 $40,828 $40,828 --
2024 $1,787 $38,884 $38,884 --
2023 $1,787 $45,300 $45,300 $0
2022 $1,752 $37,470 $37,470 $0
2021 $1,911 $37,755 $37,755 $0
2020 $1,880 $41,100 $41,100 $0
2019 $1,826 $32,880 $32,880 $0
2018 $1,765 $34,005 $34,005 $0
2017 $1,708 $32,775 $32,775 $0
2016 $1,702 $31,320 $31,320 $0
2015 $1,708 $26,736 $26,736 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5712351

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-17-005P