NOT LISTED FOR SALE

4850 E Creek Canyon Rd Cave Creek, AZ 85331

Estimated Value: $1,739,000 - $2,463,000

5.01 Acres
$406,967 Price per Acre
218,236 Sq Ft Lot

Last Sold June 19, 2017

Last sale price $330,000

Est. 518% increase in value since last sale

Current estimated payment $11,070/month

157 Days on Market

Highlights

  • City Lights View
  • 5.01 Acre Lot
  • Property is near a preserve or public land
  • Black Mountain Elementary School Rated A-
  • No HOA

About This Lot

As of June 2017

$50k PRICE REDUCTION! INCREDIBLE VIEWS & PRIVACY - right up against the Cave Creek Regional Park! Incredible natural desert vegetation with mountain views, exceptional privacy, sunsets and sunrises! Elevated for city light views. 5 acre estate size lot with 427' bordering the park. Utilities include Cave Creek Water, APS & Southwest Gas. This is one of nicest Lots in Cave Creek.

Last Agent to Sell the Property

David Peterson

HomeSmart License #SA506507000 Listed on: 12/28/2016

HomeSmart

Last Buyer's Agent

Denise Peck

HomeSmart License #SA514132000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,558

Lot Details

  • 5.01 Acre Lot

Property Views

  • City Lights
  • Mountain

Schools

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

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 211-16-003-A

Property Details

Property Type

Land

Est. Annual Taxes

$1,558

Lot Details

0

Listing Details

  • Cross Street: Cave Creek Road & New River Road
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: SFR
  • Tax Year: 2016
  • Directions: West on New River Rd to Creek Canyon Rd. Right on Creek Canyon. At fork in the road, stay right & continue on Creek Canyon Rd. At T in road go left & follow the road around & up the hill to my sign.
  • Lot Size Acres: 5.01
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: City Light View(s), Mountain View(s), Adjacent to Wash, Borders Pres/Pub Lnd
  • Disclosures: Boundary Survey Avlb
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

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: 510 x 427
  • Lot Size Sq Ft: 218148.0
  • Additional Parcels: No
  • Parcel #: 211-16-003-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1558.0
  • Tax Book Number: 211.00
  • Tax Lot: -
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2021
Sold by
Smith Craig J and Smith Nicole R
Bought by
Smith Craig J and Smith Nicole R
Current Estimated Value
$2,038,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$419,469
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$1,619,434

Purchase Details

Listed on
Dec 28, 2016
Closed on
Jun 12, 2017
Sold by
Dpkp Llc
Bought by
Smith Craig J and Smith Nicole R
Seller's Agent
David Peterson
HomeSmart
Buyer's Agent
Denise Peck
HomeSmart
List Price
$399,000
Sold Price
$330,000
Premium/Discount to List
-$69,000
-17.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.37%

Purchase Details

Closed on
Feb 2, 2016
Sold by
Accretion Capital Fund Llc
Bought by
Dpkp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 29, 2009
Sold by
King Kathryn L
Bought by
Accretion Capital Fund Llc

Purchase Details

Closed on
May 17, 2006
Sold by
King Kathryn L and Difilippo John
Bought by
King Kathryn L and K L King Family Trust

Purchase Details

Closed on
Feb 27, 2004
Sold by
King Kathryn L
Bought by
Difilippo Family Revocable Trust

Purchase Details

Closed on
Oct 11, 2001
Sold by
Lippo John Di Fi
Bought by
King Kathryn L

Purchase Details

Closed on
Jun 20, 2001
Sold by
Park Hill Associates
Bought by
Wait Investments

Purchase Details

Closed on
Feb 28, 1997
Sold by
Park Hill Associates
Bought by
Wait Investment
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
Smith Craig J -- Accommodation
Smith Craig J $330,000 Driggs Title Agency Inc
Dpkp Llc $260,000 First American Title Ins Co
Accretion Capital Fund Llc $425,000 None Available
King Kathryn L -- None Available
Difilippo Family Revocable Trust -- --
King Kathryn L -- Transnation Title Insurance
King Kathryn L $231,500 Transnation Title Insurance
Wait Investments -- Transnation Title Insurance
Wait Investment -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Craig J $548,250
Previous Owner Dpkp Llc $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2017 06/19/17 Sold $330,000 -5.7% --
06/16/2017 06/16/17 Price Changed $349,900 -12.3% --
05/28/2017 05/28/17 Pending -- -- --
12/22/2016 12/22/16 For Sale $399,000 -- --
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 $3,503 $75,824 -- --
2024 $3,319 $72,213 -- --
2023 $3,319 $129,900 $25,980 $103,920
2022 $3,253 $97,760 $19,550 $78,210
2021 $1,750 $34,305 $34,305 $0
2020 $1,721 $36,150 $36,150 $0
2019 $1,673 $37,500 $37,500 $0
2018 $1,616 $40,830 $40,830 $0
2017 $1,564 $44,085 $44,085 $0
2016 $1,558 $42,330 $42,330 $0
2015 $1,564 $32,688 $32,688 $0
Source: Public Records

Agents Affiliated with this Home

  • David Peterson

    Seller's Agent in 2017

    David Peterson

    HomeSmart

    (970) 444-2410

    23 Total Sales

    David Peterson
    Section Image

  • D

    Buyer's Agent in 2017

    Denise Peck

    HomeSmart

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5539643

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-16-003A

Arizona Maricopa County Cave Creek 85331

4850 E Creek Canyon Rd, Cave Creek, AZ

This home is located at 4850 E Creek Canyon Rd, Cave Creek, AZ 85331 since 28 December 2016 and is currently estimated at $2,038,903. 4850 E Creek Canyon 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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