NOT LISTED FOR SALE

5316 E Palo Brea Ln Cave Creek, AZ 85331

Desert View Neighborhood

Estimated Value: $1,075,000 - $1,152,000

3 Beds
2.5 Baths
2,541 Sq Ft
$439/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $615,000 $242 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,364/month

116 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • Covered patio or porch
  • Lone Mountain Elementary School Rated A-
  • Spanish Architecture
  • Gazebo

About This Home

As of March 2020

This popular Portano model features a master bedroom split floor plan, dining area, office/den, 2 additional bedrooms and bonus room. The open living space with stone fireplace, and retractable glass sliding door is off the gourmet kitchen which boasts a large island, quartzite counters, gorgeous cabinetry, stainless appliances, gas cook top, built-in oven/microwave and walk in pantry. Porcelain upgrade tile floors in main living spaces and master. Relax in the luxurious master suite & bathroom with double sinks, free standing tub, large walk-in shower, sandstone counters, and spacious walk in closet. The resort style back yard is low maintenance with a gorgeous pool and ramada. Spacious tandem 3 car garage. Beautiful gated community with lush landscape, parks, and paths.

Last Agent to Sell the Property

Kimberly Nathanson

Berkshire Hathaway HomeServices Arizona Properties License #SA649066000 Listed on: 10/07/2019

Berkshire Hathaway HomeServices Arizona Properties

Co-Listed By

Holly Hoepfner

Berkshire Hathaway HomeServices Arizona Properties License #SA559264000

Last Buyer's Agent

Dave Duncan

Realty ONE Group License #SA045650000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,853

Year Built

  • Built in 2015

Lot Details

  • 9,648 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $193 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces
  • Tandem Parking
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,541 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Double Pane Windows
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Private Pool
  • Covered patio or porch
  • Gazebo

Schools

  • Lone 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 66
  • Assessor Parcel Number 211-89-386

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Montevista Com. Ass. Association, Phone Number (866) 244-2262
  • Built by Toll Brothers
  • Montevista Subdivision, Portano Floorplan

Recreation

  • Community Playground
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,853

Year Built

Built in 2015

Lot Details

0

HOA Fees

$193 per month

Parking

3

Listing Details

  • Cross Street: Tatum & Dixileta
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 192.5
  • Basement: N
  • Cooling HVAC SEER Rating: 15
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2015
  • Tax Year: 2019
  • Directions: East on Dixileta, North on 54th St. to community gate. Once through gate head north to stop sign. Left on Hallihan Dr. Follow road around park. Road will turn into 53rd, then Palo Brea.
  • Master Model: Portano
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.22
  • Co List Office Mls Id: praz04
  • Co List Office Phone: 480-505-6300
  • Subdivision Name: Montevista
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 577.5
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2541.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Gazebo/Ramada
  • Lot Features: Desert Back, Desert Front, Grass Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Tandem
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Tandem Garage: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Playground, Biking/Walking Path
  • Amenities: Rental OK (See Rmks)
  • Association Fee: 577.5
  • Association Fee Frequency: Quarterly
  • Association Name: Montevista Com. Ass.
  • Phone: 866-244-2262
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 382.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Montevista Com. Ass.
  • Association Fees:HOA Telephone4: 866-244-2262
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1200.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Lone 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: 9648.0
  • Parcel #: 211-89-386
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Toll Brothers

Tax Info

  • Tax Annual Amount: 2853.0
  • Tax Book Number: 211.00
  • Tax Lot: 66
  • Tax Map Number: 89.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2021
Sold by
Cannizzo Michael A and Cannizzo Donna M
Bought by
Cannizzo Michael A and Cannizzo Donna M
Total Days on Market
116
Current Estimated Value
$1,114,977

Purchase Details

Listed on
Oct 7, 2019
Closed on
Jan 31, 2020
Sold by
Hernandez George J and Hernandez Valerie A
Bought by
Cannizzo Michael A and Cannizzo Donna M
Seller's Agent
Kimberly Nathanson
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Dave Duncan
Realty ONE Group
List Price
$625,000
Sold Price
$615,000
Premium/Discount to List
-$10,000
-1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%
Original Mortgage
$461,250
Outstanding Balance
$411,996
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$717,659

Purchase Details

Closed on
Aug 20, 2015
Sold by
Toll Brothers Az Limited Partnership
Bought by
Hernandez George J and Hernandez Valerie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.9%
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 Buyer Sale Price Title Company
Cannizzo Michael A -- None Available
Cannizzo Michael A $615,000 First American Title Ins Co
Hernandez George J $522,892 Westminster Title Agency
Toll Brothers Az Limited Partnership -- Westminster Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cannizzo Michael A $100,000
Open Cannizzo Michael A $461,250
Previous Owner Hernandez George J $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $615,000 -1.6% $242 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $625,000 0.0% $246 / Sq Ft
01/19/2020 01/19/20 Pending -- -- --
12/31/2019 12/31/19 For Sale $625,000 0.0% $246 / Sq Ft
12/31/2019 12/31/19 Price Changed $625,000 +1.6% $246 / Sq Ft
12/02/2019 12/02/19 Off Market $615,000 -- --
10/30/2019 10/30/19 Price Changed $660,000 -3.6% $260 / Sq Ft
10/06/2019 10/06/19 For Sale $685,000 -- $270 / 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 $3,049 $52,902 -- --
2024 $2,922 $50,383 -- --
2023 $2,922 $71,430 $14,280 $57,150
2022 $2,841 $58,070 $11,610 $46,460
2021 $3,028 $55,980 $11,190 $44,790
2020 $2,958 $53,580 $10,710 $42,870
2019 $2,853 $51,560 $10,310 $41,250
2018 $2,742 $50,650 $10,130 $40,520
2017 $2,640 $50,100 $10,020 $40,080
2016 $2,597 $44,870 $8,970 $35,900
2015 $306 $6,608 $6,608 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Nathanson

    Seller's Agent in 2020

    Kimberly Nathanson

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 512-2501

    14 in this area

    70 Total Sales

    Kimberly Nathanson
    Section Image
  • Holly Hoepfner

    Seller Co-Listing Agent in 2020

    Holly Hoepfner

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 330-6262

    9 in this area

    79 Total Sales

    Holly Hoepfner
    Section Image

  • D

    Buyer's Agent in 2020

    Dave Duncan

    Realty One Group

    (602) 527-5596

    8 Total Sales

    Dave Duncan
    Section Image

  • D

    Buyer's Agent in 2020

    David Duncan

    Arizona Best Real Estate

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5988339

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-89-386

Arizona Maricopa County Cave Creek 85331 Desert View

5316 E Palo Brea Ln, Cave Creek, AZ

This home is located at 5316 E Palo Brea Ln, Cave Creek, AZ 85331 since 07 October 2019 and is currently estimated at $1,114,977, approximately $438 per square foot. This property was built in 2015. 5316 E Palo Brea Ln is a home located in Maricopa County with nearby schools including Lone Mountain Elementary School, Sonoran Trails Middle School, and Cactus Shadows High 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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