NOT LISTED FOR SALE

5402 E Cahava Ranch Rd Unit E Cave Creek, AZ 85331

Estimated Value: $1,161,000 - $1,626,000

2.27 Acres
$626,786 Price per Acre
98,881 Sq Ft Lot

Last Sold May 14, 2015

Last sale price $150,000

Est. 849% increase in value since last sale

Current estimated payment $7,748/month

341 Days on Market

Highlights

  • 2.27 Acre Lot
  • Mountain View
  • No HOA
  • Black Mountain Elementary School Rated A-

About This Lot

As of May 2015

A steal at this price-especially with all of the work that has ALREADY BEEN COMPLETED on this Beautiful, gently sloping Sonoran Desert Hillside lot with scenic 360 degree mountain views. Pad site near top of property has been cleared. NEW WELL AND PUMP have been installed. NEW SEPTIC system has been installed but needs to be connected to home when built and permitted. Paved Road leads to property. You must visit this beautiful parcel and walk the big lot to take in the awesome views. Buyer shall verify all information that has been provided in this listing and in the Documents Section of this listing for accuracy.

Last Agent to Sell the Property

John Maltese

Engel & Voelkers Scottsdale License #SA514682000 Listed on: 05/03/2014

Engel & Voelkers Scottsdale

Last Buyer's Agent

John Maltese

RE/MAX at the Village

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,010

Lot Details

  • 2.27 Acre Lot
  • Property is zoned DR-190

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Additional Features

  • Mountain Views
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot E
  • Assessor Parcel Number 211-59-053-E

Property Details

Property Type

Land

Est. Annual Taxes

$1,010

Lot Details

0

Listing Details

  • Cross Street: Spur Cross & Cahavana Ranch Road
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land, Plans Available, Plans Included, On Site Imp Cmplete, Prelim Eng Included
  • Zoning: DR-190
  • Tax Year: 2013
  • Directions: West on Cahava Ranch Road-Paved Road-to sign on lot on the North side of Road. Pad at top of lot has been cleared.
  • Lot Size Acres: 2.27
  • Road Surface Type: Asphalt
  • Subdivision Name: None
  • Tax Parcel Letter: E
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: Mountain View(s), Adjacent to Wash
  • Disclosures: Percolation Test, Seller Prop Disc Stm, Water Well Report, Other (See Rmks)
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: Domestic Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 98831.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 211-59-053-E
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1010.0
  • Tax Book Number: 211.00
  • Tax Lot: E
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2024
Sold by
Lemmons Constance S
Bought by
Lemmons Family Trust and Lemmons
Current Estimated Value
$1,422,804

Purchase Details

Listed on
May 3, 2014
Closed on
Apr 14, 2015
Sold by
Jewett Roy E and Jewett Penny L
Bought by
Lemmons Clayton W and Lemmons Constance S
Seller's Agent
John Maltese
Engel & Voelkers Scottsdale
Buyer's Agent
John Maltese
Engel & Voelkers Scottsdale
List Price
$199,000
Sold Price
$150,000
Premium/Discount to List
-$49,000
-24.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.41%

Purchase Details

Closed on
Mar 22, 2012
Sold by
Willer Kevin S and Willer Karen R
Bought by
Jewett Roy and Jewett Penny

Purchase Details

Closed on
Jan 19, 1996
Sold by
Fleming Julie Anne
Bought by
Willer Kevin S and Willer Karen 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
Lemmons Family Trust -- None Listed On Document
Lemmons Clayton W $150,000 First American Title Ins Co
Jewett Roy $89,000 First American Title Insuran
Willer Kevin S -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2015 05/14/15 Sold $150,000 -24.6% --
04/08/2015 04/08/15 Pending -- -- --
05/02/2014 05/02/14 For Sale $199,000 -- --
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 $2,811 $60,849 -- --
2024 $2,664 $57,952 -- --
2023 $2,664 $106,410 $21,280 $85,130
2022 $2,611 $76,570 $15,310 $61,260
2021 $2,848 $76,210 $15,240 $60,970
2020 $2,801 $68,110 $13,620 $54,490
2019 $1,161 $21,135 $21,135 $0
2018 $1,122 $22,890 $22,890 $0
2017 $1,085 $21,375 $21,375 $0
2016 $1,082 $18,990 $18,990 $0
2015 $1,085 $16,992 $16,992 $0
Source: Public Records

Agents Affiliated with this Home

  • John Maltese

    Seller's Agent in 2015

    John Maltese

    Engel & Voelkers Scottsdale

    (480) 695-7002

    29 Total Sales

    John Maltese
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5109786

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-59-053E

Arizona Maricopa County Cave Creek 85331

5402 E Cahava Ranch Rd Unit E, Cave Creek, AZ

This home is located at 5402 E Cahava Ranch Rd Unit E, Cave Creek, AZ 85331 since 03 May 2014 and is currently estimated at $1,422,804. 5402 E Cahava Ranch Rd Unit E 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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