NOT LISTED FOR SALE

42019 N Old Mine Rd Cave Creek, AZ 85331

Estimated Value: $730,922

-- Bed
-- Bath
4,431 Sq Ft
$165/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $525,000 $118 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,544/month

1,939 Days on Market

Highlights

  • Community Kitchen
  • Skylights
  • Central Air
  • Black Mountain Elementary School Rated A-
  • Stone Flooring
  • Heating Available

About This Home

As of January 2021

Fabulous Sante Fe Office Building. Owner-User opportunity - Freestanding in Tonto Hills. Several conference rooms and office rooms for your use, plus kitchen area and public restrooms. Front lobby w/reception desk and flagstone fireplace. Saltillo tile flooring throughout. High ceilings. Flagstone accents throughout. Large flagstone patio in back w/fireplace & room for grill, refrigerator, etc... Being sold 'As Is' and subject to Tonto Hills HOA approved use. Annual HOA fee is $150. Maricopa County shows no record of final inspection approval or certificate of occupancy for this building. To occupy building, Maricopa County will require a commercial remodeling permit.

Last Agent to Sell the Property

Dorene Longfellow

First Road Property Advisors, LLC License #BR013546000 Listed on: 08/25/2015

Last Buyer's Agent

Mitchell Hundman

Russ Lyon Sotheby's International Realty License #SA656427000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,686

Year Built

  • Built in 2005

Lot Details

  • 0.41 Acre Lot
  • Block Wall Fence
  • Property is zoned C-2

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 4,431 Sq Ft Home
  • Skylights

Flooring

  • Stone
  • Ceramic Tile

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 215
  • Assessor Parcel Number 219-12-215-A

Community Details

Overview

  • Building Dimensions are irr
  • Tonto Hills Subdivision

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Building Details

  • Operating Expense $2,836
  • Net Operating Income $1

Property Details

Property Type

Other

Est. Annual Taxes

$2,686

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: Pima & Cave Creek Rd.
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2005
  • Tax Year: 2017
  • Directions: East on Cave Creek Rd. to Tonto Hills. West on Old Mine Road - building on right.
  • Lot Size Acres: 0.41
  • Road Surface Type: Asphalt
  • Subdivision Name: TONTO HILLS
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Ceramic Tile, Stone
  • Living Area: 4431.0

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: See Remarks, Block
  • Roof: Built-Up
  • Construction:Other (See Remarks)23: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Conference Room, Reception Room, Kitchen, Skylight(s)
  • Water Source: Private Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Skylight(s)2: Yes

Lot Info

  • Lot Size: irr
  • Lot Size Sq Ft: 17691.0
  • Parcel #: 219-12-215-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 1.0
  • Annual Operating Expense: 2836.35
  • Leasable Area: 4431.0

Tax Info

  • Tax Annual Amount: 2686.35
  • Tax Book Number: 219.00
  • Tax Lot: 215
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2015
Closed on
Jan 23, 2021
Sold by
Mitsky Peggie and Wiliam B Johnson Bypass Trust
Bought by
Seven Springs Llc
Seller's Agent
Dorene Longfellow
First Road Property Advisors, LLC
Buyer's Agent
Mitchell Hundman
Russ Lyon Sotheby's International Realty
List Price
$525,000
Sold Price
$525,000
Total Days on Market
1939
Current Estimated Value
$730,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,922
Avg. Annual Appreciation
7.92%

Purchase Details

Closed on
Nov 5, 2008
Sold by
Smail J Richard and Smail Nury
Bought by
Mitsky Peggie

Purchase Details

Closed on
Mar 1, 2004
Sold by
Smail J Richard and Smail Nury
Bought by
Smail J Richard and Smail Nury

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.79%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 7, 2003
Sold by
Smail J Richard and Smail Nury
Bought by
Smail J Richard and Smail Nury

Purchase Details

Closed on
Aug 26, 1994
Sold by
High Chaparral Inc
Bought by
Construction Mtg Security Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,600
Interest Rate
8.37%
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
Seven Springs Llc $525,000 Security Title Agency Inc
Mitsky Peggie $1,625,000 Title Management Agency Of A
Smail J Richard -- First Financial Title Agency
Smail J Richard $10,000 Land Title Agency Of Az Inc
Construction Mtg Security Corp $9,900 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smail J Richard $550,000
Previous Owner Construction Mtg Security Corp $6,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $525,000 -8.7% $118 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
04/25/2018 04/25/18 Price Changed $575,000 +9.5% $130 / Sq Ft
08/25/2015 08/25/15 For Sale $525,000 -- $118 / 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 $5,440 $114,168 -- --
2024 $5,310 $112,130 -- --
2023 $5,310 $160,735 $18,564 $142,171
2022 $5,358 $197,435 $17,045 $180,390
2021 $6,011 $204,048 $17,532 $186,516
2020 $5,913 $166,824 $12,042 $154,782
2019 $5,745 $150,318 $11,466 $138,852
2018 $5,552 $125,550 $11,394 $114,156
2017 $5,373 $125,550 $11,394 $114,156
2016 $5,353 $109,584 $9,468 $100,116
2015 $5,176 $86,747 $8,510 $78,237
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5325530

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-12-215A