NOT LISTED FOR SALE

5042 E Desert Forest Trail Cave Creek, AZ 85331

Desert View Neighborhood

Estimated Value: $531,000 - $581,000

3 Beds
2 Baths
1,528 Sq Ft
$366/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $530,000 $347 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,351/month

3 Days on Market

Highlights

  • Granite Countertops
  • Covered patio or porch
  • Double Pane Windows
  • Black Mountain Elementary School Rated A-
  • 2 Car Direct Access Garage
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of March 2022

Beautiful 2019 move-in ready home in the desirable Rancho Palermo subdivision. This home has an open concept floor plan with a large kitchen overlooking the great room. The entertainer's kitchen features granite counters, pantry, upgraded stainless steel appliances, 42'' upper cabinets, and custom backsplash. The master suite has a large master bath with dual sinks, raised 36'' vanity, large walk-in shower, and walk-in closet. The cozy backyard has an extended covered patio with an impressive 3-panel 15' wall of glass with sun shades. This home has plenty of windows making it light and bright! Other desired features include pre-plumbed soft water loop, built-in garage cabinets, ceiling fans, instant-on hot water heater, and tile throughout.

Last Agent to Sell the Property

Connie Wong

Superlative Realty License #SA577875000 Listed on: 02/18/2022

Superlative Realty

Last Buyer's Agent

Cami Beckley

Realty ONE Group License #SA037255000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,413

Year Built

  • Built in 2019

Lot Details

  • 3,311 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,528 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered patio or porch

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 211-37-687

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • Trestle Mgmt Association, Phone Number (480) 422-0888
  • Built by KB Homes
  • Rancho Paloma Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,413

Year Built

Built in 2019

Lot Details

0

HOA Fees

$91 per month

Parking

2

Listing Details

  • Cross Street: Cave Creek and Rancho Paloma Rd.
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 91.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2019
  • Tax Year: 2021
  • Directions: East on Rancho Paloma, right on 51st Pl, right on Desert Forest Trail.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.08
  • Subdivision Name: RANCHO PALOMA
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 91.0
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1528.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Shared Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Shared Driveway: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Amenities: Management
  • Association Fee: 91.0
  • Association Fee Frequency: Monthly
  • Association Name: Trestle Mgmt
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 75.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Trestle Mgmt
  • Association Fees:HOA Telephone4: 480.422.0888
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 460.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Front Yard Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Front Yard Maint

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3311.0
  • Parcel #: 211-37-687
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: KB Homes

Tax Info

  • Tax Annual Amount: 1413.0
  • Tax Book Number: 211.00
  • Tax Lot: 30
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 11, 2022
Sold by
Syversen Knut M and Syversen Karen M
Bought by
Griffith Jeremy D and Griffith James G
Seller's Agent
Connie Wong
Superlative Realty
Buyer's Agent
Cami Beckley
Realty ONE Group
List Price
$500,000
Sold Price
$530,000
Premium/Discount to List
$30,000
6%
Total Days on Market
3
Current Estimated Value
$559,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,556
Avg. Annual Appreciation
1.72%
Original Mortgage
$400,000
Outstanding Balance
$376,786
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$182,770

Purchase Details

Closed on
Sep 17, 2019
Sold by
Kb Home Sales Phoenix Inc
Bought by
Syversen Knut and Syversen Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Griffith Jeremy D $530,000 Magnus Title
Syversen Knut $366,260 First American Title Ins Co
Kb Home Sales Phoenix Inc -- First American Ttl Ins Agcy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffith Jeremy D $400,000
Previous Owner Syversen Knut $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $530,000 +6.0% $347 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $500,000 -- $327 / 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 $1,422 $24,685 -- --
2024 $1,363 $23,509 -- --
2023 $1,363 $40,700 $8,140 $32,560
2022 $1,326 $30,980 $6,190 $24,790
2021 $1,413 $29,710 $5,940 $23,770
2020 $1,380 $27,630 $5,520 $22,110
2019 $45 $3,480 $3,480 $0
2018 $43 $1,725 $1,725 $0
2017 $42 $795 $795 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6357366

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-37-687