NOT LISTED FOR SALE

5425 E Morning Star Rd Cave Creek, AZ 85331

Estimated Value: $1,022,000 - $1,260,142

3 Beds
2 Baths
2,796 Sq Ft
$405/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $820,000 $293 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,539/month

90 Days on Market

Highlights

  • Equestrian Center
  • Barn
  • 4.36 Acre Lot
  • Black Mountain Elementary School Rated A-
  • Private Pool
  • Mountain View

About This Home

As of June 2021

Remember that the people that were here first had first choice of the views! That is what makes this 1960 built home so special. Our signature Elephant Butte majestically sits to your left and from there you can see the whole panorama view of all our beautiful mountains- 360 degrees worth! Charming ranch with 8 stall barn and vet room. Zoned DR70. Great place to catch the horse trails. No trailoring needed. 3 bedrooms PLUS a large den that makes a great office or family room. Room off the garage could be turned into a nice guest casita or work shop. Large over extended covered patio. Mature landscaping.

Last Agent to Sell the Property

Janet Mohr

Realty Executives License #BR008015000 Listed on: 03/13/2021

Realty Executives

Last Buyer's Agent

Janet Mohr

Realty Executives License #BR008015000 Listed on: 03/13/2021

Realty Executives

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,013

Year Built

  • Built in 1960

Lot Details

  • 4.36 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,796 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • 1 Fireplace
  • Tile Flooring
  • Mountain Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Schools

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

Farming

  • Barn

Horse Facilities and Amenities

  • Equestrian Center
  • Horses Allowed On Property
  • Horse Stalls
  • Corral
  • Tack Room
  • Arena

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 211-01-059

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • 4.36 Acres Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,013

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Cross Street: CAVE CREEK ROAD AND SPUR CROSS ROAD
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1960
  • Tax Year: 2020
  • Directions: Cave Creek Rd to Spur Cross Rd, North to Morning Star Rd, West to 54th St, South to the driveway. Home and barn is on the SE corner of Morning Star and 54th St
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 4.36
  • Subdivision Name: 4.36 Acres
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 2796.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Community Features:ClubhouseRec Room: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Horse Facility: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front
  • Pool Features: Fenced, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: None
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Separate Strge Area, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: Well - Pvtly Owned
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Horse Facility, Clubhouse
  • Amenities: None
  • 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

  • Horse Amenities: Arena, Barn, Bridle Path Access, Corral(s), Stall, Tack Room
  • Land Lease: No
  • Lot Size Sq Ft: 190079.0
  • Parcel #: 211-01-059
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 3013.0
  • Tax Book Number: 211.00
  • Tax Lot: 0
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
Jun 21, 2021
Sold by
Miller Timothy Wayne
Bought by
Henninger Lynelle
Seller's Agent
Janet Mohr
Realty Executives
Buyer's Agent
Janet Mohr
Realty Executives
List Price
$895,000
Sold Price
$820,000
Premium/Discount to List
-$75,000
-8.38%
Total Days on Market
90
Current Estimated Value
$1,131,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,286
Avg. Annual Appreciation
8.44%

Purchase Details

Closed on
Jan 11, 2011
Sold by
Nelson Christine M
Bought by
Nelson Christine M and The William L Nelson Family Trust

Purchase Details

Closed on
Jan 5, 2009
Sold by
Wells Fargo Bank National Association
Bought by
Nelson William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,800
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2008
Sold by
Flake Kim
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Oct 29, 2004
Sold by
Spooner Christopher E
Bought by
Falke David and Falke Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2003
Sold by
Jou Sen
Bought by
Spooner Christopher E and Spooner Sharon A
Source: Public Records

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Range of Values:

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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
Henninger Lynelle -- First American Title Ins Co
Henninger Lynelle $820,000 First American Title Ins Co
Nelson Christine M -- None Available
Nelson William L -- Title Management Agency Of A
Wells Fargo Bank National Association $718,419 Accommodation
Falke David $575,000 Title Partners Of Phoenix Ll
Spooner Christopher E -- --
Jou Sen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson William L $408,800
Previous Owner Falke David $43,750
Previous Owner Falke David $460,000
Previous Owner Falke David $650,000
Previous Owner Spooner Christopher E $339,000
Closed Falke David $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $820,000 -8.4% $293 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $895,000 +9.1% $320 / Sq Ft
05/10/2021 05/10/21 Off Market $820,000 -- --
03/13/2021 03/13/21 For Sale $895,000 0.0% $320 / Sq Ft
09/01/2013 09/01/13 Rented $2,400 0.0% --
08/28/2013 08/28/13 Under Contract -- -- --
06/22/2013 06/22/13 For Rent $2,400 -- --
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 $2,554 $55,276 -- --
2024 $2,420 $52,644 -- --
2023 $2,420 $87,960 $17,590 $70,370
2022 $2,629 $52,930 $10,580 $42,350
2021 $3,015 $53,980 $10,790 $43,190
2020 $2,965 $50,470 $10,090 $40,380
2019 $3,013 $50,260 $10,050 $40,210
2018 $2,947 $48,450 $9,690 $38,760
2017 $3,017 $49,180 $9,830 $39,350
2016 $3,006 $54,570 $10,910 $43,660
2015 $2,828 $47,360 $9,470 $37,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6207027

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-01-059