NOT LISTED FOR SALE

5501 E Desert Creek Ln Unit 8 Cave Creek, AZ 85331

Estimated Value: $499,000 - $599,000

1 Acre
$562,823 Price per Acre
43,560 Sq Ft Lot

Last Sold April 27, 2017

Last sale price $312,500

Est. 80% increase in value since last sale

Current estimated payment $3,054/month

399 Days on Market

Highlights

  • 1 Acre Lot
  • Black Mountain Elementary School Rated A-
  • Mountain View

About This Lot

As of April 2017

Great lot with 360% Views of surrounding mountains, on dead end paved street with little traffic. All utilities near lot; City water & sewer, APS electric, natural gas. Private enclave of upscale homes. A short walk to Rancho Manana Golf Course and the award winning Tonto Bar & Grill. Must see this lot to appreciate the location, beauty and privacy of Desert Creek. Agent Owner

Last Agent to Sell the Property

David Flatt

Realty ONE Group License #BR632238000 Listed on: 01/04/2016

Last Buyer's Agent

David Flatt

Realty ONE Group License #BR632238000 Listed on: 01/04/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,372

Lot Details

  • 1

HOA Fees

  • $38 Monthly HOA Fees

Schools

  • Cactus Shadows High School

Additional Features

  • Mountain Views
  • North or South Exposure
  • 1 Acre Lot

Community Details

  • Desert Creek HOA, Phone Number (480) 595-5364
  • Desert Creek Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 211-17-056

Property Details

Property Type

Land

Est. Annual Taxes

$1,372

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Cross Street: Rancho Manana Blvd & Cave Creek Road
  • Property Type: Land
  • Zoning: residential
  • Tax Year: 2013
  • Lot Size Acres: 1.0
  • Road Surface Type: Asphalt
  • Subdivision Name: Desert Creek Subdivision
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Mountain View(s), North/South Exp
  • Disclosures: Boundary Survey Avlb
  • Other Structures: None

Utilities

  • Electric: APS, Underground
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 450.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: 480-595-5364
  • Association Fee: 450.0
  • Association Fee Frequency: Annually
  • Association Name: Desert Creek HOA
  • Phone: 480-595-5364
  • Association: Yes

Schools

  • High School: Cactus Shadows High School

Lot Info

  • Lot Size: irregular
  • Lot Size Sq Ft: 43654.0
  • Additional Parcels: No
  • Parcel #: 211-17-056
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1372.42
  • Tax Book Number: 211.00
  • Tax Lot: 8
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2016
Closed on
Apr 28, 2017
Sold by
Jkl Construction Inc
Bought by
Jkl Construction Inc
Seller's Agent
David Flatt
Realty ONE Group
Buyer's Agent
David Flatt
Realty ONE Group
List Price
$325,000
Sold Price
$312,500
Premium/Discount to List
-$12,500
-3.85%
Current Estimated Value
$562,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,323
Avg. Annual Appreciation
7.16%

Purchase Details

Listed on
Jan 4, 2016
Closed on
Apr 26, 2017
Sold by
Pensco Trust Co
Bought by
Jkl Construction Inc
Seller's Agent
David Flatt
Realty ONE Group
Buyer's Agent
David Flatt
Realty ONE Group
List Price
$325,000
Sold Price
$312,500
Premium/Discount to List
-$12,500
-3.85%

Purchase Details

Listed on
Jan 4, 2016
Closed on
Apr 25, 2017
Sold by
Flatt Family Llp
Bought by
Jkl Construction Inc
Seller's Agent
David Flatt
Realty ONE Group
Buyer's Agent
David Flatt
Realty ONE Group
List Price
$325,000
Sold Price
$312,500
Premium/Discount to List
-$12,500
-3.85%

Purchase Details

Closed on
Mar 26, 2007
Sold by
Smith Allen R
Bought by
Flatt Family Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 19, 2003
Sold by
Desert Creek Properties Ltd
Bought by
Smith Allen R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jkl Construction Inc -- None Available
Jkl Construction Inc -- None Available
Jkl Construction Inc -- None Available
Jkl Construction Inc -- None Available
Jkl Construction Inc -- Security Title Agency Inc
Flatt Family Llp $200,000 Security Title Agency Inc
Smith Allen R $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flatt Family Llp $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2017 04/27/17 Sold $312,500 -3.8% --
02/03/2017 02/03/17 Pending -- -- --
01/01/2016 01/01/16 For Sale $325,000 -- --
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 $838 $18,061 $18,061 --
2024 $791 $17,201 $17,201 --
2023 $791 $43,665 $43,665 $0
2022 $775 $36,465 $36,465 $0
2021 $845 $33,540 $33,540 $0
2020 $832 $28,800 $28,800 $0
2019 $808 $28,800 $28,800 $0
2018 $781 $25,560 $25,560 $0
2017 $756 $37,830 $37,830 $0
2016 $753 $22,331 $22,331 $0
2015 $755 $11,840 $11,840 $0
Source: Public Records

Agents Affiliated with this Home

  • David Flatt

    Seller's Agent in 2017

    David Flatt

    Realty One Group

    (970) 209-0681

    1 Total Sale

    David Flatt
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5378006

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-17-056

Arizona Maricopa County Cave Creek 85331

5501 E Desert Creek Ln Unit 8, Cave Creek, AZ

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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