Seller's Agent in 2024
Jeff Hill
HomeSmart
(602) 694-4333
7 in this area
33 Total Sales
5450 E Desert Creek Ln Cave Creek, AZ 85331
Estimated Value: $1,437,416 - $1,595,000
3
Beds
3.5
Baths
3,294
Sq Ft
$468/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Private Pool
- Two Primary Bathrooms
- Black Mountain Elementary School Rated A-
- 1.64 Acre Lot
- Mountain View
About This Home
As of September 2024Custom built, one owner home near prestigious Rancho Manana of Cave Creek. Spectacular panoramic mountains views to the north with quiet, serene privacy can be yours. The quality is obvious throughout the large living room with fireplace, flowing into the kitchen with large, natural granite island, walk in pantry, large dining area, all looking out to north facing views. The outdoor ent ensuite bedrooms, a guest ensuite bedroom with kitchenette and a large office with terrific mountain views. This home is efficiently powered with the help of natural gas and two high end zoned A/C systems. An oversized 2 car garage offers an abundance of storage. The home is finished with high ceilings, custom inlaid stone, wood and tile floors, custom cabinetry and an open floor plan. Don't miss that the 2.37 acre vacant parcel to the west is currently on the market and for sale at $440,000. It could be added to the current 1.64 acres. This would provide you the opportunity to own 4+ acres in total. It may be possible to combine the parcels which should provide options for additional structures to be constructed, or you could sell the other parcel at a later date. Additionally, see the documents tab for reasons why Cave Creek should be your new home! This home is just what you've been looking for. If you want seclusion, privacy and quiet ...this is it!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,200
Year Built
- Built in 2004
Lot Details
- 1.64 Acre Lot
- Cul-De-Sac
- Desert faces the front and back of the property
- Wrought Iron Fence
- Block Wall Fence
- Private Yard
HOA Fees
- $58 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Side or Rear Entrance to Parking
- Garage Door Opener
Home Design
- Designed by Shelby Wilson Architects
- Santa Fe Architecture
- Wood Frame Construction
- Tile Roof
- Foam Roof
- Stucco
Interior Spaces
- 3,294 Sq Ft Home
- 1-Story Property
- Central Vacuum
- Ceiling height of 9 feet or more
- Ceiling Fan
- Skylights
- Gas Fireplace
- Double Pane Windows
- Mechanical Sun Shade
- Solar Screens
- Living Room with Fireplace
- Mountain Views
- Security System Owned
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Cooktop
- Built-In Microwave
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms
- Two Primary Bathrooms
- 3.5 Bathrooms
- Easy To Use Faucet Levers
Accessible Home Design
- Grab Bar In Bathroom
- Accessible Hallway
- Accessible Closets
- Doors with lever handles
- No Interior Steps
Pool
- Private Pool
- Spa
- Fence Around Pool
- Pool Pump
Outdoor Features
- Covered Patio or Porch
- Outdoor Storage
- Built-In Barbecue
Schools
- Black Mountain Elementary School
- Sonoran Trails Middle School
- Cactus Shadows High School
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Water Purifier
- Water Softener
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 211-17-024
Community Details
Overview
- Association fees include ground maintenance
- Desert Creek HOA, Phone Number (970) 209-0681
- Desert Creek Subdivision, Custom Build Floorplan
Recreation
- Golf Course Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2024
Closed on
Sep 25, 2024
Sold by
Rose Marsha S
Bought by
Reg & Silver Living Trust and Monachino
Seller's Agent
Jeff Hill
HomeSmart
Buyer's Agent
Craig Kelly
Coldwell Banker Realty
List Price
$2,200,000
Sold Price
$1,600,000
Premium/Discount to List
-$600,000
-27.27%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,195
Avg. Annual Appreciation
-3.46%
Purchase Details
Listed on
Feb 23, 2024
Closed on
Sep 24, 2024
Sold by
Reg & Silver Living Trust and Monachino Reginald
Bought by
Mackay Alan Douglas Davi
Seller's Agent
Jeff Hill
HomeSmart
Buyer's Agent
Craig Kelly
Coldwell Banker Realty
List Price
$2,200,000
Sold Price
$1,600,000
Premium/Discount to List
-$600,000
-27.27%
Views
40
Purchase Details
Closed on
Dec 30, 2019
Sold by
Monachino Reginald
Bought by
Reg & Silver Living Trust
Purchase Details
Closed on
May 1, 2019
Sold by
Calatlantic Homes Of Arizona Inc
Bought by
Lennar Arizona Inc
Purchase Details
Closed on
Aug 16, 2004
Sold by
Monachino Reginald and Tucker Dorothy I
Bought by
Monachino Reginald and Tucker Dorothy I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 22, 2003
Sold by
Monachino Reginald and Tucker Dorothy I
Bought by
Monachino Reginald and Tucker Dorothy I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 24, 2001
Sold by
Desert Creek Properties Ltd
Bought by
Monachino Reginald and Tucker Dorothy I
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reg & Silver Living Trust | -- | -- | |
| Mackay Alan Douglas Davi | $1,600,000 | Equitable Title | |
| Reg & Silver Living Trust | -- | None Available | |
| Monachino Reginald | -- | None Available | |
| Lennar Arizona Inc | -- | Calatlantic Title Inc | |
| Monachino Reginald | -- | Tsa Title Agency | |
| Monachino Reginald | -- | Tsa Title Agency | |
| Monachino Reginald | -- | Tsa Title Agency | |
| Monachino Reginald | -- | Tsa Title Agency | |
| Monachino Reginald | $285,000 | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Monachino Reginald | $175,000 | |
| Previous Owner | Monachino Reginald | $410,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2024 09/30/24 | Sold | $1,600,000 | +0.3% | $486 / Sq Ft |
| 08/28/2024 08/28/24 | Pending | -- | -- | -- |
| 06/19/2024 06/19/24 | Price Changed | $1,595,000 | -11.4% | $484 / Sq Ft |
| 03/08/2024 03/08/24 | Price Changed | $1,800,000 | -18.2% | $546 / Sq Ft |
| 02/23/2024 02/23/24 | For Sale | $2,200,000 | -- | $668 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $3,399 | $88,421 | -- | -- |
| 2024 | $3,200 | $84,210 | -- | -- |
| 2023 | $3,200 | $92,160 | $18,430 | $73,730 |
| 2022 | $3,135 | $80,560 | $16,110 | $64,450 |
| 2021 | $3,518 | $73,680 | $14,730 | $58,950 |
| 2020 | $3,468 | $69,280 | $13,850 | $55,430 |
| 2019 | $3,399 | $69,020 | $13,800 | $55,220 |
| 2018 | $3,272 | $63,510 | $12,700 | $50,810 |
| 2017 | $3,222 | $67,760 | $13,550 | $54,210 |
| 2016 | $3,204 | $64,880 | $12,970 | $51,910 |
| 2015 | $3,031 | $60,600 | $12,120 | $48,480 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Hill
-
Craig Kelly
Buyer's Agent in 2024
Craig Kelly
Coldwell Banker Realty
(760) 519-0971
1 in this area
62 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6667196
APN: 211-17-024
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.
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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