$810,000
SOLD MAY 15, 2025

5423 E New River Rd Cave Creek, AZ 85331

4 Beds
3 Baths
2,336 Sq Ft
0.87 Acres

Recently Sold

$347 Per Sq Ft

12% Above List Price

7 Days on Market

Highlights

  • RV Access or Parking
  • 0.87 Acre Lot
  • Vaulted Ceiling
  • Black Mountain Elementary School Rated A-
  • Mountain View
  • Hydromassage or Jetted Bathtub

About This Home

As of May 2025

Seize the rare opportunity to own a slice of Cave Creek paradise, brimming with limitless potential! This captivating home boasts soaring vaulted ceilings, four generously-sized bedrooms offering the perfect balance of privacy and comfort, and no HOA. Set on a sprawling .87-acre lot, the property is surrounded by breathtaking mountain views, allowing you to enjoy Cave Creek's natural beauty. Just moments away from top-notch amenities, endless outdoor adventures, shopping, and dining, this is your chance to craft your dream home in one of the most sought-after locations in Arizona. The possibilities are endless—don't let this exceptional opportunity slip away!

Last Agent to Sell the Property

Amber Hart

Compass Brokerage Phone: 480 628 4099 License #SA683914000 Listed on: 03/24/2025

Compass

Last Buyer's Agent

Ronald Weiss

Russ Lyon Sotheby's International Realty License #SA507120000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,659

Year Built

  • Built in 1989

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Roof Updated in 2024
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,336 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Septic Tank
  • Cable TV Available

Additional Features

  • North or South Exposure
  • 0.87 Acre Lot

Community Details

  • No Home Owners Association
  • Association fees include no fees

Listing and Financial Details

  • Tax Lot metes and bounds
  • Assessor Parcel Number 211-47-121-D

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,659

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Cave Creek Rd and New River Rd
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2024
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1989
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.87
  • Subdivision Name: None
  • Property Attached Yn: No
  • Tax Parcel Letter: D
  • General Property Description:PriceSqFt: 346.75
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Other, Carpet, Stone
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 2336.0
  • Stories: 1
  • Window Features: Dual Pane, Vinyl Frame
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Storage
  • Lot Features: North/South Exposure, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking, Garage Door Opener, Circular Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

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

  • Land Lease: No
  • Lot Size Sq Ft: 37897.0
  • Parcel #: 211-47-121-D

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1659.0
  • Tax Book Number: 211.00
  • Tax Lot: metes and bounds
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2025
Closed on
May 6, 2025
Sold by
Esser Holly
Bought by
Schalk-Mckay Wendi A and Mckay Gregory A
Seller's Agent
Amber Hart
Compass
Buyer's Agent
Ronald Weiss
Russ Lyon Sotheby's International Realty
List Price
$720,000
Sold Price
$810,000
Premium/Discount to List
$90,000
12.5%
Views
47
Current Estimated Value
$849,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,719
Avg. Annual Appreciation
8.16%
Original Mortgage
$607,500
Outstanding Balance
$605,345
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$244,374

Purchase Details

Closed on
Feb 7, 2022
Sold by
Esser Richard K and Esser Holly
Bought by
Esser Richard K and Esser Holly
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 Type Sale Price Title Company
Warranty Deed $810,000 Old Republic Title Agency
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $607,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2025 06/25/25 Off Market $810,000 -- --
05/15/2025 05/15/25 Sold $810,000 +12.5% $347 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
03/24/2025 03/24/25 For Sale $720,000 -- $308 / 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 $1,686 $43,870 -- --
2024 $1,588 $41,781 -- --
2023 $1,588 $49,880 $9,970 $39,910
2022 $1,555 $41,320 $8,260 $33,060
2021 $1,746 $38,980 $7,790 $31,190
2020 $1,721 $36,380 $7,270 $29,110
2019 $1,669 $35,330 $7,060 $28,270
2018 $1,606 $34,010 $6,800 $27,210
2017 $1,548 $32,930 $6,580 $26,350
2016 $1,540 $32,220 $6,440 $25,780
2015 $1,457 $30,350 $6,070 $24,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6840301

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-47-121D