$600,000
SOLD JUN 7, 2024 RENTED AUG 1, 2024

5051 E Desert Forest Trail Cave Creek, AZ 85331

Desert View Neighborhood
4 Beds
3.5 Baths
2,304 Sq Ft
2,442 Sq Ft Lot

Recently Sold

$260 Per Sq Ft

8% Below List Price

108 Days on Market

Highlights

  • Mountain View
  • Outdoor Fireplace
  • Granite Countertops
  • Black Mountain Elementary School Rated A-
  • Santa Barbara Architecture
  • Private Yard

About This Home

As of June 2024

This beautiful KB Homes property was built in 2018. Over 2300+ sq ft 4 bedroom 3 1/2 bath home is located in the interior of Rancho Paloma. Probably one of the quietest homes in the neighborhood! 3 bed/2 bath upstairs & 1 bed/1 1/2 bath downstairs. Brand New Carpet installed Jan. '24 throughout the entire upstairs and staircase. Good size Kitchen, Primary Bedroom, Living Room & Family Room. VERY TRANQUIL BACKYARD, with Gas Fireplace, Built-in BBQ & newly updated synthetic grass. Take a look as soon as possible. It shouldn't last long! Current mortgage loan is Fully Assumable as low as 3.25%.

Last Agent to Sell the Property

Gregg Hayes

Berkshire Hathaway HomeServices Arizona Properties License #SA560900000 Listed on: 01/11/2024

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Andy Wenman

eXp Realty License #SA525524000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,346

Year Built

  • Built in 2018

Lot Details

  • 2,442 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Solar Screens
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Floors Updated in 2023
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Built-In Barbecue

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
  • Cable TV Available

Community Details

  • Association fees include ground maintenance, street maintenance, front yard maint, maintenance exterior
  • Hoamco Association, Phone Number (480) 994-4479
  • Built by KB Homes
  • Rancho Paloma Subdivision

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 211-37-715

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,346

Year Built

Built in 2018

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • Cross Street: Cave Creek Road & Rancho Paloma
  • 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: 110.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2023
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2018
  • Tax Year: 2023
  • Directions: East on Rancho Paloma, South on 51st Place, West on Desert Forest Trail.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.06
  • Subdivision Name: RANCHO PALOMA
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 110.0
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Exterior Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Breakfast Bar, 9+ Flat Ceilings, Pantry, 3/4 Bath Master Bdrm, Double Vanity, Granite Counters
  • Living Area: 2304.0
  • Stories: 2
  • Window Features: Vinyl Frame, Double Pane Windows, Low Emissivity Windows
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Extnded Lngth Garage, Shared Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Shared Driveway: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas, ENERGY STAR Qualified Equipment
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 110.0
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Paloma
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Rancho Paloma
  • Association Fees:HOA Telephone4: 480-422-0888
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 220.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 220.0
  • Association Fees:Disclosure Fees HOA: 200.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: HOAMCO
  • Association Fees:HOA Management Phone: 480-994-4479
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint, Front Yard Maint, Maintenance Exterior

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: 2442.0
  • Parcel #: 211-37-715
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: KB Homes

Tax Info

  • Tax Annual Amount: 1346.0
  • Tax Book Number: 211.00
  • Tax Lot: 58
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jun 7, 2024
Sold by
Kurtz Margaret Ann and Swanson Steven Christopher
Bought by
Jung Peter Michael
Seller's Agent
Derek Habbeshaw
AZ Residential Management LLC
Buyer's Agent
Nancy Kuzelka
ECLAT Real Estate
Sold Price
$2,795
Total Days on Market
108
Views
45
Current Estimated Value
$630,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$627,996
Avg. Annual Appreciation
5.24%
Original Mortgage
$420,000
Outstanding Balance
$416,580
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$214,211

Purchase Details

Listed on
Nov 27, 2018
Closed on
Apr 24, 2019
Sold by
Kb Home Sales Phoenix Inc
Bought by
Kurtz Margaret Ann and Swanson Steven Christopher
Seller's Agent
Kristine Smith
KB Home Sales
Buyer's Agent
Kristine Smith
KB Home Sales
List Price
$357,990
Sold Price
$357,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%
Original Mortgage
$320,309
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

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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 $600,000 Old Republic Title Agency
Special Warranty Deed $357,990 First American Title Ins Co
Special Warranty Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Previous Owner $319,546 FHA
Previous Owner $320,309 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Rented $2,795 -3.5% --
06/27/2024 06/27/24 Price Changed $2,895 -3.3% $1 / Sq Ft
06/19/2024 06/19/24 Price Changed $2,995 -9.1% $1 / Sq Ft
06/12/2024 06/12/24 For Rent $3,295 0.0% --
06/07/2024 06/07/24 Sold $600,000 0.0% $260 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
02/18/2024 02/18/24 Price Changed $600,000 -4.6% $260 / Sq Ft
02/01/2024 02/01/24 Price Changed $629,000 -1.6% $273 / Sq Ft
01/26/2024 01/26/24 Price Changed $639,000 -1.5% $277 / Sq Ft
01/11/2024 01/11/24 For Sale $649,000 +81.3% $282 / Sq Ft
04/25/2019 04/25/19 Sold $357,990 0.0% $155 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $357,990 0.0% $155 / Sq Ft
12/29/2018 12/29/18 Pending -- -- --
12/14/2018 12/14/18 Price Changed $357,990 0.0% $155 / Sq Ft
11/27/2018 11/27/18 For Sale $358,041 -- $155 / 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 $1,608 $24,363 -- --
2024 $1,346 $23,203 -- --
2023 $1,346 $43,360 $8,670 $34,690
2022 $1,308 $34,530 $6,900 $27,630
2021 $1,394 $33,400 $6,680 $26,720
2020 $1,362 $31,200 $6,240 $24,960
2019 $1,314 $25,250 $5,050 $20,200
2018 $32 $1,275 $1,275 $0
2017 $31 $585 $585 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6648923

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-37-715