NOT LISTED FOR SALE

5400 E Desert Hills Rd Cave Creek, AZ 85331

Estimated Value: $532,000 - $631,000

7.8 Acres
$73,816 Price per Acre
339,768 Sq Ft Lot

Last Sold April 25, 2023

Last sale price $510,000

Est. 13% increase in value since last sale

Current estimated payment $3,204/month

73 Days on Market

Highlights

  • 7.8 Acre Lot
  • Mountain View
  • Property is near a preserve or public land
  • Black Mountain Elementary School Rated A-
  • No HOA
  • East or West Exposure

About This Lot

As of April 2023

Almost 8 acres in N Cave Creek with Creek frontage! A gentle slope down to the Creek and endless Mountain Views make this a perfect site to build your dream home. Situated on the E side of Cave Creek means no waiting to get home when the Creek is running high. Power and well are already on the property with one neighbor sharing the well. Tranquil surroundings with upscale estates surrounding the parcel. A perfect & generous flat building pad makes this an easy build. Minutes from downtown Cave Creek and all it has to offer. Hiking and nature walks surround the parcel. Corners are marked and I'm happy to meet you @ the lot.

Last Agent to Sell the Property

Laura Shutt

AZ Brokerage Holdings, LLC License #SA077395000 Listed on: 02/11/2023

Last Buyer's Agent

Laura Shutt

Russ Lyon Sotheby's International Realty License #SA077395000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,811

Lot Details

  • 7.8 Acre Lot
  • East or West Exposure
  • Property is zoned R190

Schools

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

Utilities

  • Shared Well
  • Well

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association
  • North Cave Creek Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 211-59-067-A

Property Details

Property Type

Land

Est. Annual Taxes

$1,811

Lot Details

0

Listing Details

  • Cross Street: Cave Creek Rd & Spur Cross
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: {"Level":true,"Gentle Sloping":true,"Existing Wash(s)":true}
  • Zoning: R190
  • Tax Year: 2022
  • Directions: N on Spur Cross to Yucca W on Yucca which turns into 56th and then into Desert Hills, look for parcel on N side of Street
  • Horses: No
  • Lot Size Acres: 7.8
  • Road Surface Type: Gravel, Asphalt, Private Street
  • Subdivision Name: North Cave Creek
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: East/West Exposure, Mountain View(s), North/South Exp, Adjacent to Wash, Borders Pres/Pub Lnd
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: Domestic Well, Shared Well

Condo/Co-op/Association

  • Association: No

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

  • Lot Size: TBD
  • Horse Amenities: See Remarks
  • Lot Size Sq Ft: 341166.0
  • Additional Parcels: No
  • Parcel #: 211-59-067-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1811.0
  • Tax Book Number: 211.00
  • Tax Lot: -
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2023
Closed on
Apr 25, 2023
Sold by
Weinman Gary
Bought by
Hunt Family Trust
Seller's Agent
Laura Shutt
AZ Brokerage Holdings, LLC
Buyer's Agent
Laura Shutt
Russ Lyon Sotheby's International Realty
List Price
$699,000
Sold Price
$510,000
Premium/Discount to List
-$189,000
-27.04%
Views
68
Current Estimated Value
$575,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,764
Avg. Annual Appreciation
4.74%

Purchase Details

Closed on
Jul 14, 2010
Sold by
Kroll Hannah Major and Weinman Hannah
Bought by
Weinman Gary

Purchase Details

Closed on
Mar 17, 2005
Sold by
Pelton Properties Llp
Bought by
Weinman Gary and Weinman Hannah

Purchase Details

Closed on
Jun 3, 2004
Sold by
Korte Priscilla R
Bought by
Pelton Properties Llp

Purchase Details

Closed on
Jul 18, 2000
Sold by
West Charles A and West Dori L
Bought by
Korte Donald H and Korte Priscilla R
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Hunt Family Trust $510,000 First American Title Insurance
Weinman Gary -- None Available
Weinman Gary $420,000 Chicago Title Insurance Co
Pelton Properties Llp $325,000 Chicago Title Ins Co
Korte Donald H $250,000 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Sold $510,000 -18.9% --
04/05/2023 04/05/23 Price Changed $629,000 -3.1% --
03/22/2023 03/22/23 Price Changed $649,000 -7.2% --
01/26/2023 01/26/23 For Sale $699,000 -- --
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 $1,950 $42,202 $42,202 --
2024 $1,847 $40,193 $40,193 --
2023 $1,847 $47,790 $47,790 $0
2022 $1,811 $44,265 $44,265 $0
2021 $1,975 $39,480 $39,480 $0
2020 $1,943 $41,775 $41,775 $0
2019 $1,888 $38,895 $38,895 $0
2018 $1,824 $38,775 $38,775 $0
2017 $1,765 $44,970 $44,970 $0
2016 $1,759 $37,995 $37,995 $0
2015 $1,765 $33,456 $33,456 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Laura Shutt

    Realty Executives

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6519494

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-59-067A

Arizona Maricopa County Cave Creek 85331

5400 E Desert Hills Rd, Cave Creek, AZ

This home is located at 5400 E Desert Hills Rd, Cave Creek, AZ 85331 since 11 February 2023 and is currently estimated at $575,764. 5400 E Desert Hills Rd 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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