NOT LISTED FOR SALE

5408 E Duane Ln Cave Creek, AZ 85331

Desert View Neighborhood

Estimated Value: $1,945,000 - $2,338,000

5 Beds
5.5 Baths
4,551 Sq Ft
$459/Sq Ft Est. Value

Last Sold April 03, 2017

Last sale price $1,075,000 $236 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $12,260/month

531 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • 0.41 Acre Lot
  • Mountain View
  • Horseshoe Trails Elementary School Rated A-
  • Home Energy Rating Service (HERS) Rated Property
  • Family Room with Fireplace

About This Home

As of April 2017

Brand new energy efficient home ready for move in! The Residence 3, with refreshing custom pool, features a gourmet kitchen, 2 center islands, breakfast bar, walk in pantry, open to an incredible Great room with custom soothing fireplace. The Master suite has luxurious bath and his and hers walk in closets. Study, Game room, Dining room, walk in closets make this home paradise. Guest casita and cozy outdoor fireplace all included. Upgraded finishes epitomize the luxury of this stunning home located in the highly desirable area just north of Scottsdale. The stunning beauty of the gated Bellissima has playgrounds, putting green & trails. Known for their energy efficient features, our homes help you live a healthier and quieter lifestyle while saving you thousands on your utility bills.

Last Agent to Sell the Property

Joseph Elberts

Meritage Homes of Arizona, Inc License #BR549667000 Listed on: 09/11/2015

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,700

Year Built

  • Built in 2015

Lot Details

  • 0.41 Acre Lot
  • Desert faces the front of the property
  • Wrought Iron Fence

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Concrete Roof
  • Stucco

Interior Spaces

  • 4,551 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Smart Home
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 5.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Bathtub With Separate Shower Stall

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • Energy Monitoring System

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Schools

  • Horseshoe Trails Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Zoned Heating
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 211-89-649

Community Details

Overview

  • Property has a Home Owners Association
  • Bellissima Association, Phone Number (480) 595-9374
  • Built by Meritage Homes
  • Bellissima Subdivision, Residence 3 4560B Floorplan

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,700

Year Built

Built in 2015

Lot Details

0

Parking

4

Listing Details

  • Cross Street: 56th Street and Dixileta
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 158.0
  • Basement: N
  • Energy Green Feature H E R S Rating: Y
  • Green Energy Certified Year: 2016
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2015
  • Tax Year: 2015
  • Master Model: Residence 3 4560B
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.41
  • Subdivision Name: Bellissima
  • New Construction: No
  • Efficiency: Energy Audit, Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • General Property Description:PriceSqFt: 236.21
  • Association Fees:HOA Fee2: 158.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Technology:Smart Home System: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Exterior Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Mstr Bdrm Sitting Rm, Walk-In Closet(s), Breakfast Bar, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Smart Home, Granite Counters
  • Living Area: 4551.0
  • Stories: 1
  • Window Features: Vinyl Frame, ENERGY STAR Qualified Windows, Double Pane Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Builder
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: 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
  • Kitchen Features:Engy Star (See Rmks)2: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Natural Desert Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Complete Spec Home
  • Roof: Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Other, See Remarks
  • Heating: Natural Gas, Other, See Remarks
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee Frequency: Monthly
  • Association Name: Bellissima
  • Phone: 480-595-9374
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Bellissima
  • Association Fees:PAD Fee YN2: N
  • 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

Schools

  • Elementary School: Horseshoe Trails Elementary School
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18000.0
  • Parcel #: 211-89-649
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: Meritage Homes

Tax Info

  • Tax Annual Amount: 5700.0
  • Tax Book Number: 211.00
  • Tax Lot: 2
  • Tax Map Number: 89.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2015
Closed on
Mar 29, 2017
Sold by
Meritage Homes Of Arizona Inc
Bought by
Kritikos Emmanuel and Kritikos Bessie
Seller's Agent
Joseph Elberts
Meritage Homes of Arizona, Inc
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$979,475
Sold Price
$1,075,000
Premium/Discount to List
$95,525
9.75%
Current Estimated Value
$2,249,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,174,138
Avg. Annual Appreciation
7.85%
Original Mortgage
$700,000
Outstanding Balance
$572,851
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,516,322
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Kritikos Emmanuel $1,075,000 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kritikos Emmanuel $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2017 04/03/17 Sold $1,075,000 -10.4% $236 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
01/17/2017 01/17/17 Price Changed $1,199,995 +6.1% $264 / Sq Ft
01/13/2017 01/13/17 Price Changed $1,131,510 -5.9% $249 / Sq Ft
12/30/2016 12/30/16 Price Changed $1,202,880 +0.2% $264 / Sq Ft
12/16/2016 12/16/16 Price Changed $1,199,900 -13.5% $264 / Sq Ft
12/13/2016 12/13/16 Price Changed $1,386,571 +15.6% $305 / Sq Ft
09/30/2016 09/30/16 Price Changed $1,199,900 -0.3% $264 / Sq Ft
09/27/2016 09/27/16 Price Changed $1,204,030 +0.3% $265 / Sq Ft
08/05/2016 08/05/16 Price Changed $1,199,900 -3.2% $264 / Sq Ft
07/15/2016 07/15/16 Price Changed $1,239,900 -0.2% $272 / Sq Ft
07/14/2016 07/14/16 Price Changed $1,242,000 0.0% $273 / Sq Ft
07/07/2016 07/07/16 Price Changed $1,242,540 -0.2% $273 / Sq Ft
06/23/2016 06/23/16 Price Changed $1,245,000 -0.2% $274 / Sq Ft
06/20/2016 06/20/16 Price Changed $1,248,000 +0.2% $274 / Sq Ft
06/03/2016 06/03/16 Price Changed $1,245,000 -0.4% $274 / Sq Ft
06/01/2016 06/01/16 Price Changed $1,249,500 +0.3% $275 / Sq Ft
05/27/2016 05/27/16 Price Changed $1,245,500 -1.0% $274 / Sq Ft
05/19/2016 05/19/16 Price Changed $1,257,810 -4.3% $276 / Sq Ft
05/17/2016 05/17/16 Price Changed $1,314,799 +0.2% $289 / Sq Ft
05/13/2016 05/13/16 Price Changed $1,312,000 0.0% $288 / Sq Ft
05/12/2016 05/12/16 Price Changed $1,312,022 +4.5% $288 / Sq Ft
05/06/2016 05/06/16 Price Changed $1,254,964 +12.6% $276 / Sq Ft
05/03/2016 05/03/16 Price Changed $1,114,207 +0.8% $245 / Sq Ft
04/14/2016 04/14/16 Price Changed $1,105,541 +0.7% $243 / Sq Ft
04/05/2016 04/05/16 Price Changed $1,097,400 -0.1% $241 / Sq Ft
02/19/2016 02/19/16 Price Changed $1,099,000 -5.3% $241 / Sq Ft
02/12/2016 02/12/16 Price Changed $1,159,995 -0.1% $255 / Sq Ft
01/11/2016 01/11/16 Price Changed $1,161,195 -0.6% $255 / Sq Ft
01/06/2016 01/06/16 Price Changed $1,168,155 -1.3% $257 / Sq Ft
01/04/2016 01/04/16 Price Changed $1,183,155 +1.2% $260 / Sq Ft
12/22/2015 12/22/15 Price Changed $1,168,995 0.0% $257 / Sq Ft
12/18/2015 12/18/15 Price Changed $1,169,113 +0.2% $257 / Sq Ft
12/04/2015 12/04/15 Price Changed $1,166,201 -0.9% $256 / Sq Ft
12/03/2015 12/03/15 Price Changed $1,176,539 +21.2% $259 / Sq Ft
11/25/2015 11/25/15 Price Changed $970,495 -1.0% $213 / Sq Ft
11/17/2015 11/17/15 Price Changed $980,505 +0.1% $215 / Sq Ft
09/11/2015 09/11/15 For Sale $979,475 -- $215 / 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 $5,991 $89,146 -- --
2024 $5,599 $84,901 -- --
2023 $5,599 $120,160 $24,030 $96,130
2022 $5,452 $97,230 $19,440 $77,790
2021 $5,727 $97,980 $19,590 $78,390
2020 $5,592 $94,230 $18,840 $75,390
2019 $5,404 $94,230 $18,840 $75,390
2018 $5,209 $91,270 $18,250 $73,020
2017 $5,032 $80,450 $16,090 $64,360
2016 $589 $10,185 $10,185 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Joseph Elberts

    Meritage Homes of Arizona, Inc

    (480) 515-8100

    4,027 Total Sales

    Joseph Elberts
    Section Image

  • N

    Buyer's Agent in 2017

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5333117

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-89-649

Arizona Maricopa County Cave Creek 85331 Desert View

5408 E Duane Ln, Cave Creek, AZ

Not Listed for Sale

Detached

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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