$597,500
SOLD MAR 19, 2025

5100 E Rancho Paloma Dr Unit 2043 Cave Creek, AZ 85331

Desert View Neighborhood
2 Beds
2 Baths
2,074 Sq Ft
$298/mo HOA Fee

Recently Sold

$288 Per Sq Ft

3% Below List Price

247 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Contemporary Architecture
  • Black Mountain Elementary School Rated A-
  • Mountain View
  • Granite Countertops

About This Home

As of March 2025

A RARE OPPORTUNITY - PRICED TO SELL FAST! Discover the perfect blend of comfort, convenience, and desert beauty in this exceptional condominium. Built in 2022 and lightly lived in, this elegant home offers a spacious open floor plan, breathtaking mountain views, and a private attached 2-car garage. Designed for easy, modern living, this smart home allows you to control lighting, security, and more from anywhere—so you can lock up and leave with confidence. The versatile office space can easily convert into a third bedroom, giving you flexibility. Set in a welcoming, pet-friendly community, you'll enjoy resort-style amenities, including a heated pool and spa, a well-equipped fitness center, and With the price significantly reduced for a quick sale, this is AN INCREDIBLE OPPORTUNITY.

Last Agent to Sell the Property

Carmen Thomas

HomeSmart License #SA563857000 Listed on: 06/12/2024

HomeSmart

Last Buyer's Agent

Carmen Thomas

HomeSmart License #SA563857000 Listed on: 06/12/2024

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,438

Year Built

  • Built in 2022

Lot Details

  • 2,033 Sq Ft Lot
  • Desert faces the front and back of the property

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Contemporary 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
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Solar Screens
  • Mountain Views
  • Smart Home

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Balcony

Listing and Financial Details

  • Tax Lot 2043
  • Assessor Parcel Number 211-37-890

Community Details

Overview

  • Association fees include pest control, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Aam Llc Association, Phone Number (602) 957-9191
  • Built by Homes By Towne
  • Rancho North Condos Subdivision

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,438

Year Built

Built in 2022

Lot Details

0

HOA Fees

$298 per month

Parking

2

Listing Details

  • Cross Street: Cave Creek and Rancho Paloma Dr.
  • 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: 298.0
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Energy Green Feature H E R S Rating: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2022
  • Tax Year: 2023
  • Directions: From 101 Loop go North on Cave for about 15 minutes to Rancho Paloma. Community is on NE corner. From gate go left to building 15. Unit 2043 door faces street level.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: RANCHO NORTH CONDOS
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 298.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 2074.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Solar Screens, Dual Pane, ENERGY STAR Qualified Windows, Vinyl Frame
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: Desert Front, Natural Desert Back, Gravel/Stone Front
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: ENERGY STAR Qualified Equipment, Electric
  • Laundry Features: Engy Star (See Rmks)
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa Htd, Community Pool Htd, Fitness Center
  • Association Fee: 298.0
  • Association Fee Frequency: Monthly
  • Association Name: Rancho North
  • Phone: 623-241-9059
  • 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: 6232419059
  • 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:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM LLC
  • Association Fees:HOA Management Phone: 6029579191
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Pest Control, 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 #: 211-37-890

Building Info

  • Builder Name: Homes By Towne

Tax Info

  • Tax Annual Amount: 1438.0
  • Tax Book Number: 211.00
  • Tax Lot: 2043
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Feb 19, 2025
Sold by
Thomas Mark N and Thomas Carmen M
Bought by
Williamson Judith
Seller's Agent
Carmen Thomas
HomeSmart
Buyer's Agent
Carmen Thomas
HomeSmart
List Price
$618,000
Sold Price
$597,500
Premium/Discount to List
-$20,500
-3.32%
Views
84
Current Estimated Value
$608,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,240
Avg. Annual Appreciation
1.58%

Purchase Details

Closed on
Jan 24, 2022
Sold by
Hbt Of Rancho North Llc
Bought by
Thomas Mark N and Thomas Carmen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,610
Interest Rate
5.3%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $597,500 First American Title Insurance
Special Warranty Deed $635,610 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $455,610 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 Sold $597,500 -0.4% $288 / Sq Ft
02/15/2025 02/15/25 Pending -- -- --
02/05/2025 02/05/25 Price Changed $600,000 -2.9% $289 / Sq Ft
01/14/2025 01/14/25 For Sale $618,000 +3.4% $298 / Sq Ft
01/14/2025 01/14/25 Off Market $597,500 -- --
11/29/2024 11/29/24 Price Changed $618,000 -0.3% $298 / Sq Ft
10/09/2024 10/09/24 Price Changed $620,000 0.0% $299 / Sq Ft
10/09/2024 10/09/24 For Sale $620,000 -0.8% $299 / Sq Ft
10/04/2024 10/04/24 Off Market $625,000 -- --
09/02/2024 09/02/24 Price Changed $625,000 -2.8% $301 / Sq Ft
08/29/2024 08/29/24 Price Changed $643,000 -0.3% $310 / Sq Ft
07/18/2024 07/18/24 Price Changed $645,000 -0.8% $311 / Sq Ft
06/12/2024 06/12/24 For Sale $650,000 -- $313 / 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 $1,500 $26,036 -- --
2024 $1,438 $24,796 -- --
2023 $1,438 $41,430 $8,280 $33,150
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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6707699

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-37-890