$375,000
SOLD DEC 20, 2012

5448 E Miramonte Dr Cave Creek, AZ 85331

3 Beds
2.5 Baths
3,254 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$115 Per Sq Ft

7% Above List Price

1 Day on Market

Highlights

  • On Golf Course
  • Gated Community
  • Family Room with Fireplace
  • Black Mountain Elementary School Rated A-
  • Mountain View
  • Main Floor Primary Bedroom

About This Home

As of May 2015

Located on 16th Fairway, great fixer upper. The home needs extensive renovations but has potential.

Last Agent to Sell the Property

Robert Lomax

Mirabel Properties License #BR526185000 Listed on: 07/25/2012

Last Buyer's Agent

Jason Easterly

My Home Group Real Estate License #SA573282000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,588

Year Built

  • Built in 1990

Lot Details

  • Desert faces the front of the property
  • On Golf Course
  • Private Streets
  • Front Yard Sprinklers

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 3,254 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 211-05-060

Community Details

Overview

  • Property has a Home Owners Association
  • Rancho Manana HOA, Phone Number (480) 473-0703
  • Built by Custom
  • Rancho Manana Mcr 314 4 Subdivision

Recreation

  • Golf Course Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,588

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Cross Street: CAVE CREEK RD / CAREFREE HWY
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 49.58
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1990
  • Tax Year: 2011
  • Property Sub Type: Single Family - Detached
  • Subdivision Name: RANCHO MANANA MCR 314-4
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 595.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 2 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Walk-In Closet(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 3254.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser
  • Community Features:Golf Course: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Covered Patio(s), Patio, Private Street(s)
  • Lot Features: Desert Front, On Golf Course, Irrigation Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Golf
  • Amenities: Club, Membership Opt, Management
  • Association Fee Frequency: Annually
  • Association Name: Rancho Manana HOA
  • Phone: 480-473-0703
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 360.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Rancho Manana HOA
  • Association Fees:HOA Telephone4: 4804730703
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Schools

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

Lot Info

  • Land Lease: No
  • Parcel #: 211-05-060

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 1588.36
  • Tax Book Number: 211.00
  • Tax Lot: 47
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2015
Closed on
May 26, 2015
Sold by
Cobbe Eric T
Bought by
Romanski Jerome and Ross Patricia
Seller's Agent
Joseph Sisneros
RE/MAX Elite
Buyer's Agent
Scott Reid
The Brokery
List Price
$585,000
Sold Price
$585,000
Current Estimated Value
$1,085,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,640
Avg. Annual Appreciation
6.20%
Original Mortgage
$417,000
Outstanding Balance
$319,962
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$758,837

Purchase Details

Listed on
Mar 22, 2013
Closed on
Feb 19, 2014
Sold by
Md Holding Az Llc
Bought by
Cobbe Eric T
Seller's Agent
Jason Easterly
My Home Group Real Estate
Buyer's Agent
Roseann Cossman
HomeSmart
List Price
$589,999
Sold Price
$544,500
Premium/Discount to List
-$45,499
-7.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%

Purchase Details

Listed on
Jul 25, 2012
Closed on
Nov 27, 2012
Sold by
Omalley Charles R and Omalley Timothy M
Bought by
Md Holding Az Llc
Seller's Agent
Robert Lomax
Mirabel Properties
Buyer's Agent
Jason Easterly
My Home Group Real Estate
List Price
$349,000
Sold Price
$375,000
Premium/Discount to List
$26,000
7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.54%
Original Mortgage
$24,000
Interest Rate
3.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 30, 2011
Sold by
Omalley Charles M
Bought by
Omalley Family Trust

Purchase Details

Closed on
Mar 3, 2008
Sold by
Omalley Charles M and Omalley Pamela C
Bought by
Omalley Charles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 23, 2004
Sold by
Omalley Charles M
Bought by
Omalley Charles M and Omalley Pamela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2002
Sold by
Omalley Charles M
Bought by
Omalley Charles M and Omalley Pamula C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.86%

Purchase Details

Closed on
Dec 18, 2002
Sold by
Omalley Chuck M and Omalley Pamela C
Bought by
Omalley Charles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.86%

Purchase Details

Closed on
Jul 2, 1999
Sold by
Allred Ronald D and Allred Joyce A
Bought by
Omalley Chuck M and Omalley Pamela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7.87%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $585,000 Stewart Title & Trust Of Pho
Cash Sale Deed $544,500 Security Title Agency
Warranty Deed $375,000 Grand Canyon Title Agency In
Interfamily Deed Transfer -- Grand Canyon Title Agency In
Interfamily Deed Transfer -- Grand Canyon Title Agency In
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $430,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,000 New Conventional
Previous Owner $24,000 Unknown
Previous Owner $240,000 New Conventional
Previous Owner $194,790 New Conventional
Previous Owner $350,000 Credit Line Revolving
Previous Owner $423,668 Credit Line Revolving
Previous Owner $289,000 New Conventional
Previous Owner $312,000 No Value Available
Previous Owner $332,000 New Conventional
Previous Owner $300,000 Seller Take Back
Closed $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2015 05/28/15 Sold $585,000 0.0% $188 / Sq Ft
04/12/2015 04/12/15 For Sale $585,000 0.0% $188 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
04/08/2015 04/08/15 Pending -- -- --
03/24/2015 03/24/15 Price Changed $585,000 +900.0% $188 / Sq Ft
03/24/2015 03/24/15 For Sale $58,500 -89.3% $19 / Sq Ft
02/21/2014 02/21/14 Sold $544,500 -3.8% $175 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
02/06/2014 02/06/14 Price Changed $565,900 -1.7% $181 / Sq Ft
01/06/2014 01/06/14 Price Changed $575,900 -0.7% $185 / Sq Ft
11/29/2013 11/29/13 Price Changed $579,999 -1.7% $186 / Sq Ft
11/18/2013 11/18/13 For Sale $589,999 +8.4% $189 / Sq Ft
11/12/2013 11/12/13 Off Market $544,500 -- --
09/24/2013 09/24/13 Price Changed $589,999 -1.7% $189 / Sq Ft
07/23/2013 07/23/13 Price Changed $599,899 0.0% $192 / Sq Ft
03/22/2013 03/22/13 For Sale $599,900 +60.0% $192 / Sq Ft
12/20/2012 12/20/12 Sold $375,000 +7.4% $115 / Sq Ft
09/19/2012 09/19/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $349,000 -6.9% $107 / Sq Ft
07/25/2012 07/25/12 Off Market $375,000 -- --
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 $2,496 $56,820 -- --
2024 $2,487 $54,114 -- --
2023 $2,487 $56,520 $11,300 $45,220
2022 $2,438 $50,230 $10,040 $40,190
2021 $2,659 $47,130 $9,420 $37,710
2020 $2,616 $44,520 $8,900 $35,620
2019 $2,605 $44,360 $8,870 $35,490
2018 $2,517 $43,630 $8,720 $34,910
2017 $2,436 $45,360 $9,070 $36,290
2016 $2,427 $40,580 $8,110 $32,470
2015 $2,283 $42,520 $8,500 $34,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4794160

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-05-060