NOT LISTED FOR SALE

5406 E Cahava Ranch Rd Cave Creek, AZ 85331

Estimated Value: $383,428 - $666,000

2.47 Acres
$189,112 Price per Acre
107,593 Sq Ft Lot

Last Sold April 04, 2012

Last sale price $89,000 $1 Per Sq Ft

Est. 425% increase in value since last sale

Current estimated payment $2,531/month

490 Days on Market

Highlights

  • City Lights View
  • 2.47 Acre Lot
  • Level Lot
  • Black Mountain Elementary School Rated A-

About This Lot

As of April 2012

Note New Price Reduction!!! Captivating views from this lot with so much potential for someone who has horses or just wants to build their dream home. This 2.47 acre lot starts out level, perfect for horses, and gradually slopes up the hill giving you unobstructed views of the surrounding mountain ranges. This truly is a prized lot with spectacular mountain and city light views along with an easy building envelope. Electric and phone on property.

Last Agent to Sell the Property

Bonnie Burke

RE/MAX Fine Properties License #SA022280000 Listed on: 10/08/2010

RE/MAX Fine Properties

Last Buyer's Agent

John Maltese

Engel & Voelkers Scottsdale License #SA514682000

Engel & Voelkers Scottsdale

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $783

Lot Details

  • 2.47 Acre Lot
  • Level Lot
  • Irregular Lot
  • Property is zoned DR-190

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 107,627 Sq Ft Home

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Community Details

  • $2,259 per year Dock Fee

Property Details

Property Type

Land

Est. Annual Taxes

$783

Lot Details

0

Listing Details

  • Tax Municipality: Cave Creek
  • Cross Street: Spur Cross and Cahava Ranch Road
  • Legal Info Range: 4E
  • Legal Info Section: 20
  • Legal Info Township: 6N
  • Roads Streets: Asphalt
  • Property Type: C
  • Estimated Deeded Fee Acres: 2.47
  • Estimated G N Sq Ft: G
  • Estimated Total Acres: 2.47
  • Estimated Total Acres G N: G
  • Assessor Parcel Ltr: A
  • Assessor Parcel Number: 53.00
  • Development Status: Raw Land
  • Displayon Public Websites: Y
  • Existing Land Use: Residential Acreage
  • Hundred Block: 41000
  • Land Configuration: Irregular Shape
  • Land Features: City Light View(s), Mountain View(s)
  • Number Lotsin Listing: 1.00
  • Number Units Allowed: 1
  • Parcel Size: 1.00 - 2.49 Acres
  • Potential Use: Single Family
  • Price Per Acre: 40080.97
  • Price Per Sq Ft: 0.91
  • Street Frontage Name: Cahava
  • Topography: Gentle Sloping, Level
  • Type: Er
  • Zoned Presently: Single Family
  • Zoning: DR-190
  • Map Code Grid: F36
  • Tax Year: 2010
  • Directions: West on Cahava Ranch Road, across the wash and up the hill to my sign on the right.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Estimated Sq Ft: 107627.00

Exterior Features

  • Horses: Y

Utilities

  • Electric: Aps

Schools

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

Lot Info

  • Lot Size: Irregular

Multi Family

  • Horse Features: See Remarks

Tax Info

  • Taxes: 2259.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2025
Sold by
Fleming Julie Ann and Willer Kevin S
Bought by
Otoole James F and Otoole Lisa
Current Estimated Value
$467,107

Purchase Details

Listed on
Oct 8, 2010
Closed on
Mar 19, 2012
Sold by
Fleming Julie Anne
Bought by
Fleming Julie Anne
Seller's Agent
Bonnie Burke
RE/MAX Fine Properties
Buyer's Agent
John Maltese
Engel & Voelkers Scottsdale
List Price
$150,000
Sold Price
$89,000
Premium/Discount to List
-$61,000
-40.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%
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
Otoole James F $190,000 Great American Title Agency
Fleming Julie Anne -- None Available
Fleming Julie Anne -- None Available
Willer Kevin S -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2012 04/04/12 Sold $89,000 -40.7% $1 / Sq Ft
02/10/2012 02/10/12 Pending -- -- --
10/08/2010 10/08/10 For Sale $150,000 -- $1 / 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 $783 $20,695 -- --
2024 $749 $19,710 -- --
2023 $749 $25,750 $5,150 $20,600
2022 $734 $19,270 $3,850 $15,420
2021 $824 $18,920 $3,780 $15,140
2020 $466 $16,920 $3,380 $13,540
2019 $451 $16,860 $3,370 $13,490
2018 $382 $9,300 $1,860 $7,440
2017 $384 $9,300 $1,860 $7,440
2016 $398 $9,300 $1,860 $7,440
2015 $392 $9,300 $1,860 $7,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4473148

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-59-053D