$3,800,000
SOLD SEP 17, 2012

42820 N Fleming Springs Rd Cave Creek, AZ 85331

6 Beds
7 Baths
10,159 Sq Ft
36.47 Acres

Recently Sold

$374 Per Sq Ft

19% Below List Price

1,194 Days on Market

Highlights

  • Horses Allowed On Property
  • Heated Spa
  • Gated Community
  • Black Mountain Elementary School Rated A-
  • RV Access or Parking
  • 36.47 Acre Lot

About This Home

As of February 2020

SHORT SALE opportunity! Subject to lender approval. Make an offer on this private, mountain-top sanctuary with over 36 acres of stunning desert. MORE LAND THAN IS OFFERED WITH ANY OTHER HOME IN THE PHOENIX AREA, now at a Short Sale price. A priceless chance to own one of the most unique locations and homes available, with top privacy and security. This estate features every attention to detail, from an outdoor gourmet kitchen, to the rich patinas of century-old reclaimed hardwood floors, cabinetry hand-crafted in the European tradition, entry road is gated, nature trails, even a bedroom that spans the mountain, to catch sunrises. . .and sunsets! This residence can't be duplicated again. 24-hour notice requested. Under the short sale conditions, well may be a shared well.

Last Agent to Sell the Property

Preston Westmoreland

Russ Lyon Sotheby's International Realty License #SA036596000 Listed on: 02/25/2009

Russ Lyon Sotheby's International Realty

Co-Listed By

Nancy Westmoreland

Russ Lyon Sotheby's International Realty License #SA034202000

Last Buyer's Agent

Preston Westmoreland

Russ Lyon Sotheby's International Realty License #SA036596000 Listed on: 02/25/2009

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,691

Year Built

  • Built in 2004

Lot Details

  • 36.47 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 5 Car Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 10,159 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 7 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Intercom

Pool

  • Heated Spa
  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue
  • Playground

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Zoned Heating and Cooling System
  • Propane
  • Water Purifier
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 202-18-013-E

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Argue Custom Homes

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,691

Year Built

Built in 2004

Lot Details

0

Parking

5

Listing Details

  • Cross Street: School House and Fleming Springs Road
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2004
  • Spa Private: Yes
  • Tax Year: 2010
  • Directions: From Cave Creek Rd. and School House Rd, North on School House, right on Fleming Springs, after traffic bumps stop, look for green block entryway on the left.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 36.47
  • Co List Office Mls Id: lyon05
  • Co List Office Phone: 480-488-2400
  • Subdivision Name: none
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Pane Wndws, Multi-Zones
  • Tax Parcel Letter: E
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Windows:Solar Screens: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Special Listing Cond:Short Sale: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: 12

Interior Features

  • Basement: None
  • Flooring: Carpet, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated, Private
  • Appliances: Water Purifier
  • Other Equipment: Intercom
  • Possible Bedrooms: 9
  • Total Bedrooms: 6
  • Fireplace Features: 3+ Fireplace, Family Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Elevator, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 10159.0
  • Stories: 3
  • Window Features: Skylight(s), Solar Screens
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Playground, Balcony, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: Fenced, Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone, Block
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: RV Access/Parking, Garage Door Opener, Extended Length Garage, Circular Driveway, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Utilities: Propane
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Well
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1588459.0
  • Parcel #: 202-18-013-E

Building Info

  • Builder Name: Argue Custom Homes

Tax Info

  • Tax Annual Amount: 11690.9
  • Tax Book Number: 202.00
  • Tax Lot: 0
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2019
Closed on
Feb 24, 2020
Sold by
Sturrus Peter
Bought by
Watson Robert D
Seller's Agent
Cheryl D'Anna
Russ Lyon Sotheby's International Realty
Buyer's Agent
Cheryl D'Anna
Russ Lyon Sotheby's International Realty
List Price
$4,000,000
Sold Price
$3,450,000
Premium/Discount to List
-$550,000
-13.75%
Current Estimated Value
$5,540,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,090,848
Avg. Annual Appreciation
9.07%

Purchase Details

Listed on
Feb 25, 2009
Closed on
Sep 13, 2012
Sold by
Grovich Nicholas F and Grovich Lauri R
Bought by
Sturrus Peter
Seller's Agent
Preston Westmoreland
Russ Lyon Sotheby's International Realty
Buyer's Agent
Preston Westmoreland
Russ Lyon Sotheby's International Realty
List Price
$4,700,000
Sold Price
$3,800,000
Premium/Discount to List
-$900,000
-19.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.29%

Purchase Details

Closed on
Feb 13, 2003
Sold by
Grovich Nicholas F
Bought by
Grovich Nicholas F and Grovich Lauri R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.62%
Mortgage Type
Small Business Administration
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 Type Sale Price Title Company
Warranty Deed $3,450,000 First Arizona Title Agcy Llc
Warranty Deed $3,800,000 Greystone Title Agency
Warranty Deed -- --
Warranty Deed -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 Small Business Administration
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2020 02/26/20 Sold $3,450,000 -8.0% $340 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
12/03/2019 12/03/19 Price Changed $3,750,000 -6.3% $369 / Sq Ft
01/21/2019 01/21/19 For Sale $4,000,000 +5.3% $394 / Sq Ft
09/17/2012 09/17/12 Sold $3,800,000 -19.1% $374 / Sq Ft
10/25/2011 10/25/11 For Sale $4,700,000 +23.7% $463 / Sq Ft
10/16/2011 10/16/11 Off Market $3,800,000 -- --
09/24/2011 09/24/11 Price Changed $4,700,000 -4.1% $463 / Sq Ft
07/11/2011 07/11/11 Price Changed $4,900,000 -2.0% $482 / Sq Ft
04/06/2011 04/06/11 Price Changed $4,999,000 -7.4% $492 / Sq Ft
08/27/2010 08/27/10 Price Changed $5,400,000 -42.6% $532 / Sq Ft
02/25/2009 02/25/09 For Sale $9,400,000 -- $925 / 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 $10,752 $257,126 -- --
2024 $10,318 $244,882 -- --
2023 $10,318 $257,734 $58,134 $199,600
2022 $10,149 $222,115 $50,095 $172,020
2021 $11,664 $222,870 $50,270 $172,600
2020 $12,132 $223,180 $50,340 $172,840
2019 $11,699 $222,322 $50,142 $172,180
2018 $11,249 $199,957 $45,097 $154,860
2017 $11,953 $209,699 $47,299 $162,400
2016 $12,017 $233,220 $52,600 $180,620
2015 $11,355 $202,836 $46,746 $156,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4129087

Arizona Regional Multiple Listing Service (ARMLS)

APN: 202-18-013E