NOT LISTED FOR SALE

42220 N Old Mine Rd Cave Creek, AZ 85331

Estimated Value: $345,000 - $946,000

1.45 Acres
$385,984 Price per Acre
63,162 Sq Ft Lot

Last Sold October 31, 2016

Last sale price $245,000

Est. 128% increase in value since last sale

Current estimated payment $3,220/month

241 Days on Market

About This Lot

As of October 2016

One of Maricopa County's most extraordinary hilltop properties with soaring mountain and city light views. A dream home location for a single-family home beyond anything you will find! A paved access road to the top of the hill will dazzle you with the panoramic views! There is also a contiguous 2.8 acre property available with a charming rock-lined road to another stunning building site. See MLS # 5404173 Paved Easement access to this 1.45 acre hill top lot with 360 degree views in Tonto Hills east of Desert Mountain and high above some of Desert Mountain's most expensive homes. Surrounded by nearby Tonto National Forest and close to Bartlett Lake recreation area. Buyer to verify all information including availability of utilities, access, septic location and other pertinent issues. Water company is a Domestic Water Improvement district with up to 72 acre feet of CAP water rights treated and delivered by the City of Scottsdale which is sent through Desert Mountain infrastructure to Tonto storage holding tank/system. APS gives the buyer a $10,000 credit for electrical service installation. This includes a free transformer on the site. Customer pays for conduit and trenching of the line. Approx. power line run 623 feet.

Last Listed By

Preston Westmoreland

Russ Lyon Sotheby's International Realty License #SA036596000 Listed on: 02/26/2016

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,680

Lot Details

  • 1.45 Acre Lot
  • Additional Parcels
  • Property is zoned R-5

HOA Fees

  • $13 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

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

Community Details

  • Tonto Hills Association, Phone Number (480) 595-5784
  • Tonto Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 219-12-224-N

Property Details

Property Type

Land

Est. Annual Taxes

$2,680

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Cross Street: Cave Creek Rd and Old Mine Rd
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: R-5
  • Tax Year: 2014
  • Directions: Go NW on Old Mine Road, entrance on left.
  • Lot Size Acres: 1.45
  • Road Surface Type: Gravel, Dirt, Asphalt, Private Street
  • Co List Office Mls Id: lyon05
  • Co List Office Phone: 480-488-2400
  • Subdivision Name: TONTO HILLS
  • Tax Parcel Letter: N
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Lot Features: City Light View(s), Mountain View(s)
  • Disclosures: None, Other (See Rmks)
  • Other Structures: None

Utilities

  • Electric: Other (See Rmks)
  • Water Source: Private Franchise

Condo/Co-op/Association

  • Association Info Assessed Balance: 3149.0
  • Annual HOA Fees: 150.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: 480-595-5784
  • HOA Transfer Fee: 250.0
  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association Name: Tonto Hills
  • Phone: 480-595-5784
  • Association: Yes

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: irregular
  • Lot Size Sq Ft: 63194.0
  • Additional Parcels: Yes
  • Parcel #: 219-12-224-N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2680.0
  • Tax Book Number: 219.00
  • Tax Lot: 0
  • Tax Map Number: 12.00
  • Tax Other Annual Assessment Amount: 3149.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2016
Closed on
Oct 26, 2016
Sold by
Ranch Lady Llc
Bought by
Living Trust Agreement Of Herman A Kroba
Seller's Agent
Preston Westmoreland
Russ Lyon Sotheby's International Realty
Buyer's Agent
Jessica Dembrosky
Realty Executives
List Price
$290,000
Sold Price
$245,000
Premium/Discount to List
-$45,000
-15.52%
Total Days on Market
241
Current Estimated Value
$559,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,677
Avg. Annual Appreciation
10.12%

Purchase Details

Closed on
Jan 30, 2014
Sold by
Seaton Karen
Bought by
Ranch Lady Llc

Purchase Details

Closed on
Apr 1, 1998
Sold by
Mcinerney William F and Mcinerney Marion R
Bought by
Kesco Llc

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
Living Trust Agreement Of Herman A Kroba $245,000 First American Title Ins Co
Ranch Lady Llc $245,000 Security Title Agency
Kesco Llc $575,000 Security Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2016 10/31/16 Sold $245,000 -15.5% --
10/23/2016 10/23/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $290,000 -- --
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 $882 $19,101 $19,101 --
2024 $836 $18,191 $18,191 --
2023 $836 $23,910 $23,910 $0
2022 $820 $16,500 $16,500 $0
2021 $961 $16,890 $16,890 $0
2020 $1,012 $17,220 $17,220 $0
2019 $1,011 $16,860 $16,860 $0
2018 $1,012 $16,890 $16,890 $0
2017 $979 $15,840 $15,840 $0
2016 $987 $15,270 $15,270 $0
2015 $1,017 $16,496 $16,496 $0
Source: Public Records

Agents Affiliated with this Home

  • Preston Westmoreland

    Seller's Agent in 2016

    Preston Westmoreland

    Russ Lyon Sotheby's International Realty

    (602) 377-0060

    17 Total Sales

    Preston Westmoreland
    Section Image

  • N

    Seller Co-Listing Agent in 2016

    Nancy Westmoreland

    Russ Lyon Sotheby's International Realty

    (480) 488-2400

    Section Image
  • Jessica Dembrosky

    Buyer's Agent in 2016

    Jessica Dembrosky

    Realty Executives

    (480) 203-5966

    58 Total Sales

    Jessica Dembrosky
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5404180

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-12-224N

Arizona Maricopa County Cave Creek 85331

42220 N Old Mine Rd, Cave Creek, AZ

Homes for Sale in Cave Creek, AZ

This home is located at 42220 N Old Mine Rd, Cave Creek, AZ 85331 since 26 February 2016 and is currently estimated at $559,677. 42220 N Old Mine Rd 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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