$621,500
SOLD OCT 7, 2024

5100 E Rancho Paloma Dr Unit 2025 Cave Creek, AZ 85331

Desert View Neighborhood
2 Beds
2 Baths
2,074 Sq Ft
$295/mo HOA Fee

Recently Sold

$300 Per Sq Ft

4% Below List Price

222 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Spanish Architecture
  • Black Mountain Elementary School Rated A-
  • Mountain View
  • Corner Lot

About This Home

As of October 2024

Enjoy ultimate luxury in the gated and exclusive community of Rancho North, surrounded by the Sonoran Desert and breathtaking mountain views. Pride of ownership exudes from every detail of this 2 bedroom 2 bath home which also includes a den/office and a 2 car garage. A few of the many upgrades include custom mosaic tile flooring, wood look tile, copper tin ceiling tile accent wall, raised bathroom vanities, granite counters in both bathrooms, cherry cabinets and quartz tops in the laundry room. The kitchen is the center of the home and features 42''cherry cabinets, granite counters, soft close cabinet doors and drawers and a large island overlooking the great room. Views, views, views from every window in the great room and kitchen! Unwind with a glass of wine and savor your panoramic desert views from the expansive covered patio. Rancho North offers proximity to top-notch shopping, golf courses, hiking trails, horseback riding, and an abundance of outdoor activities, making it an ideal haven for those desiring both convenience and scenic surroundings. The maintenance free lifestyle is complete with a community pool, spa, fitness center, BBQ gas grills, and a picnic gazebo with a fire pit.

Last Agent to Sell the Property

Rena Chavez

HomeSmart License #BR531123000 Listed on: 02/03/2024

HomeSmart

Last Buyer's Agent

Jeff Hill

HomeSmart License #SA651674000

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,403

Year Built

  • Built in 2020

Lot Details

  • 2,033 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $295 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 2,074 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2088
  • Assessor Parcel Number 211-37-872

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Aam Association, Phone Number (602) 957-9191
  • Built by Homes by Towne
  • Rancho North Condos Subdivision
  • FHA/VA Approved Complex

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,403

Year Built

Built in 2020

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
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2020
  • Tax Year: 2023
  • Directions: North on Cave Creek Rd. East on Rancho Paloma Dr. North through the community gate. (Gate is typically open until about 5:00pm.) Go east to building #9.
  • Master Model: C2
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: Rancho North Condos
  • Architectural Style: Spanish
  • 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: Eat-in Kitchen, 9+ Flat Ceilings, Fire Sprinklers, Kitchen Island, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 2074.0
  • Stories: 2
  • Window Features: Dual Pane, Low-E
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: 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:BikingWalking Path: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Community Spa: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s)
  • Lot Features: Corner Lot, Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Shared Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: 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

  • Community Features: Gated Community, Community Spa Htd, Community Spa, Community Pool, Biking/Walking Path, Fitness Center
  • Amenities: FHA Approved Prjct, Management, Rental OK (See Rmks), VA Approved Prjct
  • Association Fee: 295.0
  • Association Fee Frequency: Monthly
  • Association Name: Rancho North
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Rancho North
  • Association Fees:HOA Telephone4: 602-957-9191
  • 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: 596.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 100.0
  • Association Fees:Other Fees Description: 0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM
  • 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: 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: 2033.0
  • Parcel #: 211-37-872
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Homes by Towne

Tax Info

  • Tax Annual Amount: 1403.0
  • Tax Book Number: 211.00
  • Tax Lot: 2088
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2024
Closed on
Sep 26, 2024
Sold by
Moore Robert T
Bought by
Manos Charles R and Manos Sarah E
Seller's Agent
Rena Chavez
HomeSmart
Buyer's Agent
Jeff Hill
HomeSmart
List Price
$645,000
Sold Price
$621,500
Premium/Discount to List
-$23,500
-3.64%
Total Days on Market
222
Views
161
Current Estimated Value
$626,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,441
Avg. Annual Appreciation
1.35%
Original Mortgage
$307,500
Outstanding Balance
$305,796
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$321,145

Purchase Details

Closed on
Sep 6, 2022
Sold by
Moore Family Living Trust
Bought by
Moore Robert T

Purchase Details

Closed on
Sep 9, 2020
Sold by
Hbt Of Rancho North Llc
Bought by
Moore Robert T and Moore Sara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
2.9%
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 $621,500 Equity Title Agency
Warranty Deed -- De Title Services
Special Warranty Deed $460,153 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $307,500 New Conventional
Previous Owner $130,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 Sold $621,500 -2.4% $300 / Sq Ft
04/30/2024 04/30/24 Price Changed $637,000 -0.5% $307 / Sq Ft
03/26/2024 03/26/24 Price Changed $640,000 -0.8% $309 / Sq Ft
02/03/2024 02/03/24 For Sale $645,000 -- $311 / 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 $1,464 $25,400 -- --
2024 $1,403 $24,190 -- --
2023 $1,403 $41,430 $8,280 $33,150
2022 $1,364 $33,710 $6,740 $26,970
2021 $1,454 $30,730 $6,140 $24,590
2020 $117 $2,385 $2,385 $0
2019 $113 $2,280 $2,280 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6659458

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-37-872