NOT LISTED FOR SALE

5050 E Cloud Rd Cave Creek, AZ 85331

Estimated Value: $2,881,000 - $3,861,000

4 Beds
5 Baths
5,437 Sq Ft
$580/Sq Ft Est. Value

Last Sold June 06, 2017

Last sale price $2,000,000 $368 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $17,153/month

138 Days on Market

Highlights

  • Horses Allowed On Property
  • Heated Lap Pool
  • Mountain View
  • Black Mountain Elementary School Rated A-
  • 17.6 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of June 2017

Plenty of room for a creek-side horse facility! Total privacy and solitude surrounded by acres of open space, minutes from shopping, dining, and entertainment in Cave Creek. A perfect home for multi-generational living. A National Award-Winning Home bordering Nature Preserve Land and near the Cave Creek Regional Park. A Natural Home with Earthen Materials, infused in a classic design. Vermont Blue Stone, Cherry Hardwood floors, & Custom stonework.**9.5 acres. More Available. Space for vehicle storage, Pickleball/Tennis Court, Guest House or Equestrian Facility. Walk, bike, or ride the many trails from the privacy of your own land.
Panoramic views welcome you to this Zen-like backyard entertainment area anchored by a 70' heated lap pool with swim-up bar plus heated spa. BBQ w/servin Four custom stone fireplaces.
Natural Cherry Wood & Vermont Blue Stone Floors
Kitchen is Gourmet dream with Butlers pantry and dual appliances.
Exercise room set-up to watch TV and the sunrise.
Two guest suites with full bathrooms.
Large office which can double as 4th bedroom.
Tongue and groove woodwork on ceiling inside and out.
Family room features floor to ceiling rock fireplace.
Entryway courtyard with art and seating areas will impress every person that is invited into the home.
Front living room features a wall of windows that frame the spactacular view.
Three car garage with epoxy flooring and lots of Storage.
Solid Alder doors throughout.
Numerous slated Metal Shaded patio areas for dining, lounging, TV watching or sitting by the fire.
Very lush landscape planted with pride includes huge variety of cactus & mature fruit trees.

Last Agent to Sell the Property

Barbara Miller

Russ Lyon Sotheby's International Realty License #SA035787000 Listed on: 11/07/2016

Russ Lyon Sotheby's International Realty

Co-Listed By

Preston Westmoreland

Russ Lyon Sotheby's International Realty License #SA036596000

Last Buyer's Agent

Elaine Leisenring

Realty ONE Group License #SA540769000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,067

Year Built

  • Built in 2001

Lot Details

  • 17.6 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 3 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 5,437 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Roller Shields
  • Wood Frame Window
  • Family Room with Fireplace
  • 3 Fireplaces
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Smart Home

Pool

  • Heated Lap Pool
  • Heated Spa
  • Play Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Gazebo
  • Built-In Barbecue

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 211-16-005-E

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by J. P. Malone
  • 9.5 Acres On The Creek. Additional Land Available. Subdivision

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,067

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Cave Creek & Carefree Highway
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2012
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2011
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • Spa Private: Yes
  • Tax Year: 2015
  • Directions: Cave Creek Rd N to New River Rd , go W to Creek Canyon. Continue to ''Y'' in rd, and bare left to continue on Cloud Rd. Home is on right. Rock Entry with long driveway. Occupied. Appointment Required
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 17.6
  • Co List Office Mls Id: lyon05
  • Co List Office Phone: 480-488-2400
  • Subdivision Name: 9.5 Acres on the Creek. Additional Land Available.
  • Architectural Style: Other (See Remarks)
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: E
  • ResoBuildingAreaSource: Assessor
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:High Speed Internet Available: Yes
  • Technology:Smart Home System: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Possible Use: Ranch/Farm
  • Spa Features: Heated, Private
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Fire Pit, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Central Vacuum, Drink Wtr Filter Sys, Roller Shields, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Smart Home, Granite Counters
  • Living Area: 5437.0
  • Stories: 1
  • Window Features: Dual Pane, Mechanical Sun Shds, Wood Frames
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Firepit: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Circular Drive, Covered Patio(s), Gazebo/Ramada, Misting System, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Heated, Lap, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Misting System: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Cap ImprovementImpact Fee 2 _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
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Horse Amenities: Bridle Path Access
  • Land Lease: No
  • Lot Size Sq Ft: 766830.0
  • Parcel #: 211-16-005-E
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: J. P. Malone

Tax Info

  • Tax Annual Amount: 6067.0
  • Tax Book Number: 211.00
  • Tax Lot: -
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2016
Closed on
Jun 1, 2017
Sold by
Recine Diane C
Bought by
Kermott Gary L and Kermott Debra J
Seller's Agent
Barbara Miller
Russ Lyon Sotheby's International Realty
Buyer's Agent
Elaine Leisenring
Realty ONE Group
List Price
$2,350,000
Sold Price
$2,000,000
Premium/Discount to List
-$350,000
-14.89%
Current Estimated Value
$3,156,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,156,038
Avg. Annual Appreciation
5.59%
Original Mortgage
$600,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 11, 2012
Sold by
Recine Diane C
Bought by
Recine Diane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2010
Sold by
Recine Diane C
Bought by
Recine Diane C and Recine Diane Cary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2004
Sold by
Recine Diane C
Bought by
Recine Diane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,850
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2003
Sold by
Recine Diane C
Bought by
Recine Diane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,025
Interest Rate
5.76%

Purchase Details

Closed on
Mar 27, 2002
Sold by
Recine Diane C
Bought by
Recine Diane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
6.78%
Source: Public Records

Range of Values:

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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
Kermott Gary L $2,000,000 Greystone Title Agency Llc
Kermott Gary L $2,000,000 Greystone Title Agency Llc
Kermott Gary L $2,000,000 Greystone Title Agency Llc
Recine Diane C -- None Available
Recine Diane C -- None Available
Recine Diane C -- Grand Canyon Title Agency In
Recine Diane C -- First American Title Ins Co
Recine Diane C -- Westminster Title Agency
Recine Diane C -- Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kermott Gary L $600,000
Previous Owner Recine Diane C $406,500
Previous Owner Recine Diane C $417,000
Previous Owner Recine Diane C $592,850
Previous Owner Recine Diane C $622,025
Previous Owner Recine Diane C $648,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2017 06/06/17 Sold $2,000,000 -12.9% $368 / Sq Ft
03/25/2017 03/25/17 Pending -- -- --
01/20/2017 01/20/17 Price Changed $2,297,000 -2.3% $422 / Sq Ft
11/07/2016 11/07/16 For Sale $2,350,000 -- $432 / 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 $5,622 $141,415 -- --
2024 $5,391 $134,681 -- --
2023 $5,391 $199,260 $39,850 $159,410
2022 $5,319 $187,850 $37,570 $150,280
2021 $5,806 $184,950 $36,990 $147,960
2020 $5,811 $156,060 $31,210 $124,850
2019 $4,548 $121,880 $24,370 $97,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5522631

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-16-005M