$549,990
SOLD JAN 10, 2024

5100 E Rancho Paloma Dr Unit 1050 Cave Creek, AZ 85331

Desert View Neighborhood
2 Beds
2 Baths
1,781 Sq Ft
$295/mo HOA Fee

Recently Sold

$309 Per Sq Ft

63 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Mountain View
  • Black Mountain Elementary School Rated A-
  • Home Energy Rating Service (HERS) Rated Property
  • Granite Countertops

About This Home

As of August 2024

New first floor condominium is available at Rancho North in Cave Creek. One of the last remaining new homes in the community! This Energy Star certified great room plan has two bedrooms plus a den, 2 bathrooms, covered patio, with 9-foot ceilings, with 8-foot doors. The finishes include 42'' slate cabinets with granite counter tops, and GE stainless steel gas range, dishwasher, and microwave. Smart Home Features include Wi-Fi connections for the thermostat, front door lock, garage door, living room lights, plus a 40- Amp Electric car outlet in the garage. The amenities include a Resort Style pool and spa, Fitness Center, BBQ Gas Grills, and a Fire-pit with a picnic Gazebo.

Last Agent to Sell the Property

Michael Bondy

Towne Brokerage Services, Inc License #BR514287000 Listed on: 10/11/2023

Last Buyer's Agent

Kevin Maher

Berkshire Hathaway HomeServices Arizona Properties License #SA710294000

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $114

Year Built

  • Built in 2022

Lot Details

  • Desert faces the front and back of the property
  • Wrought Iron Fence

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 1,781 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Solar Screens
  • Mountain Views
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Covered patio or porch

Schools

  • Horseshoe Trails Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 1050
  • Assessor Parcel Number 211-37-821

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Aam, Llc Association, Phone Number (866) 516-7424
  • Built by Homes by Towne
  • Rancho North Condos Subdivision, D1 Plan
  • FHA/VA Approved Complex

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$114

Year Built

Built in 2022

Lot Details

0

HOA Fees

$295 per month

Parking

2

Listing Details

  • Cross Street: Cave Creek Road and Rancho Paloma Drive
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 295.0
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Energy Green Feature H E R S Cert Date: 2018-09-18
  • Energy Green Feature H E R S Rating: Y
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2022
  • Tax Year: 2022
  • Directions: From the 101 North on Cave Creek Road to right onto Rancho Paloma. The community is on the right hand side.
  • Master Model: D1 Plan
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.04
  • Subdivision Name: RANCHO NORTH CONDOS
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 295.0
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, Soft Water Loop, Kitchen Island, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1781.0
  • Stories: 2
  • Window Features: Sunscreen(s), Dual Pane, ENERGY STAR Qualified Windows, Low-E, Vinyl Frame
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Kitchen Features:Built In Recycling: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Covered Patio(s)
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: None
  • Home Warranty: Yes
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Property Condition: Complete Spec Home
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: ENERGY STAR Qualified Equipment, Refrigeration
  • Heating: ENERGY STAR Qualified Equipment, Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Fitness Center
  • Amenities: Management, Rental OK (See Rmks), VA Approved Prjct
  • Association Fee: 295.0
  • Association Fee Frequency: Monthly
  • Association Name: Rancho North
  • Phone: 866-516-7424
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Rancho North
  • Association Fees:HOA Telephone4: 866-516-7424
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 590.0
  • Association Fees:Other Fees HOA: 100.0
  • Association Fees:Other Fees Description: New Home Administrative Fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM, LLC
  • Association Fees:HOA Management Phone: 866-516-7424
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Horseshoe Trails 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: 1715.0
  • Parcel #: 211-37-821
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Homes by Towne

Tax Info

  • Tax Annual Amount: 114.0
  • Tax Book Number: 211.00
  • Tax Lot: 1050
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2024
Closed on
Aug 20, 2024
Sold by
Agbasi Olufunke and Maher Kevin
Bought by
Orsini Cynthia A
Seller's Agent
Kevin Maher
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Tamey L. Lichtenfels-Manalli
DPR Realty LLC
List Price
$600,100
Sold Price
$565,000
Premium/Discount to List
-$35,100
-5.85%
Total Days on Market
63
Views
14
Current Estimated Value
$575,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,460
Avg. Annual Appreciation
2.48%
Original Mortgage
$200,000
Outstanding Balance
$198,779
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$376,681

Purchase Details

Listed on
Oct 11, 2023
Closed on
Jan 10, 2024
Sold by
Hbt Of Rancho North Llc
Bought by
Agbasi Olufunke and Maher Kevin
Seller's Agent
Michael Bondy
Towne Brokerage Services, Inc
Buyer's Agent
Kevin Maher
Berkshire Hathaway HomeServices Arizona Properties
List Price
$549,990
Sold Price
$549,990
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%
Original Mortgage
$439,990
Interest Rate
7.22%
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 Type Sale Price Title Company
Warranty Deed $565,000 Navi Title
Special Warranty Deed $549,990 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $439,990 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $565,000 -2.4% $317 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
06/19/2024 06/19/24 Price Changed $579,100 -3.5% $325 / Sq Ft
05/25/2024 05/25/24 For Sale $600,100 +0.2% $337 / Sq Ft
05/25/2024 05/25/24 Price Changed $599,100 +8.9% $336 / Sq Ft
01/10/2024 01/10/24 Sold $549,990 0.0% $309 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
11/25/2023 11/25/23 For Sale $549,990 0.0% $309 / Sq Ft
11/22/2023 11/22/23 Off Market $549,990 -- --
11/06/2023 11/06/23 Off Market $549,990 -- --
10/11/2023 10/11/23 For Sale $549,990 -- $309 / 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 $1,521 $26,394 -- --
2024 $1,658 $25,137 -- --
2023 $1,658 $42,000 $8,400 $33,600
2022 $114 $6,705 $6,705 $0
2021 $120 $6,705 $6,705 $0
2020 $117 $2,385 $2,385 $0
2019 $113 $2,280 $2,280 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kevin Maher

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 282-3201

    2 in this area

    2 Total Sales

    Kevin Maher
    Section Image

  • M

    Seller's Agent in 2024

    Michael Bondy

    Towne Brokerage Services, Inc

    (480) 758-7370

    Section Image
  • Veronica Adema

    Seller Co-Listing Agent in 2024

    Veronica Adema

    Berkshire Hathaway HomeServices Arizona Properties

    (602) 770-4879

    1 in this area

    11 Total Sales

    Veronica Adema
    Section Image

  • F

    Buyer Co-Listing Agent in 2024

    Funke Agbasi

    Berkshire Hathaway HomeServices Arizona Properties

    (832) 755-2079

    1 in this area

    1 Total Sale

    Funke Agbasi
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6616614

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-37-821

Arizona Maricopa County Cave Creek 85331 Desert View

5100 E Rancho Paloma Dr Unit 1050, Cave Creek, AZ

This home is located at 5100 E Rancho Paloma Dr Unit 1050, Cave Creek, AZ 85331 and is currently priced at $549,990, approximately $308 per square foot. This property was built in 2022. 5100 E Rancho Paloma Dr Unit 1050 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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