NOT LISTED FOR SALE

5501 E Dew Drop Trail Cave Creek, AZ 85331

Desert View Neighborhood

Estimated Value: $2,054,000 - $2,281,000

4 Beds
4.5 Baths
4,560 Sq Ft
$474/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $2,450,000 $537 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $12,077/month

5 Days on Market

Highlights

  • Heated Spa
  • Gated Community
  • Living Room with Fireplace
  • Horseshoe Trails Elementary School Rated A
  • 0.42 Acre Lot
  • Wood Flooring

About This Home

As of June 2022

Stunning 4 bedroom, 4.5 bath home built in 2020. 14' ceilings with beautiful hardwood beams. Bright and open floorpan. Restoration Hardware lighting throughout the home. California Classics engineered hardwood flooring. En-suite and walk-in closet in every bedroom. Primary Suite with backyard views, spa-like bathroom and dual walk-in closets. Flex Room, Mudroom, and 4-car garage. Thermador appliances and wine fridge in kitchen. Poco Verde designed pool and built-in BBQ. Sliding glass doors offer seamless transition from living room to the backyard with views of pool, spa, and desert landscape. N/S Exposure. Motorized track shades with 95% fabric on patio. Smart home with Vivint Security system.

Last Agent to Sell the Property

Lisa Zitter

Russ Lyon Sotheby's International Realty License #SA698895000 Listed on: 03/20/2022

Russ Lyon Sotheby's International Realty

Co-Listed By

Daniel Wolski

Russ Lyon Sotheby's International Realty License #SA555961000

Last Buyer's Agent

Lisa Westcott

RETSY License #BR542480000

RETSY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,777

Year Built

  • Built in 2020

Lot Details

  • 0.42 Acre Lot
  • Wrought Iron Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • ICAT Recessed Lighting
  • Stucco

Interior Spaces

  • 4,560 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Tinted Windows
  • Mechanical Sun Shade
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Smart Home

Accessible Home Design

  • Roll-in Shower
  • Bath Scalding Control Feature
  • Accessible Hallway
  • Remote Devices
  • Multiple Entries or Exits

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Pool

  • Heated Spa
  • Heated Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue
  • Playground

Schools

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

Utilities

  • Ducts Professionally Air-Sealed
  • Zoned Heating and Cooling System
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 211-89-666

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Aam Llc Association, Phone Number (602) 957-9191
  • Built by Monterey Homes
  • Bellissima Subdivision

Recreation

  • Community Playground
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,777

Year Built

Built in 2020

Lot Details

0

HOA Fees

$250 per month

Parking

4

Listing Details

  • Cross Street: 56th St & Dixileta Dr
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 250.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2020
  • Spa Private: Yes
  • Tax Year: 2021
  • Directions: Scottsdale Rd. to Dynamite West to 56th St. north to Dixileta.and left to community on left. Go through the gate and go left. Follow to Dew Drop Trail and west to property on south side
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.42
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: Bellissima
  • Architectural Style: Spanish
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 250.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Construction ICAT Recessed Lighting: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Water Purifier
  • Accessibility Features: Remote Devices, Mltpl Entries/Exits, Bath Scald Ctrl Fct, Bath Roll-In Shower, Accessible Hallway(s)
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Exterior Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Double Vanity, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4560.0
  • Stories: 1
  • Window Features: Dual Pane, ENERGY STAR Qualified Windows, Mechanical Sun Shds, Tinted Windows
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Playground, Private Yard, Screened in Patio(s), Built-in Barbecue
  • Lot Features: Synthetic Grass Frnt, Synthetic Grass Back, Irrigation Front, Irrigation Back
  • Pool Features: Fenced, Heated, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: ICAT Recessed Lighting, Spray Foam Insulation, Stucco, Wood Frame, Low VOC Insulation, Ducts Professionally Air-Sealed
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:GazeboRamada: Yes
  • Construction:Ducts Professionally Air-Sealed: Yes
  • Exterior Features:Screened in Patio(s): Yes
  • Construction:Spray Foam Insulatn: Yes
  • Construction:Low VOC Insulation: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: ENERGY STAR Qualified Equipment, Electric
  • Laundry Features: Engy Star (See Rmks)
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Gated, Playground, Biking/Walking Path
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association Name: Bellissima Community
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Bellissima Community
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1000.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM LLC
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

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: 18400.0
  • Parcel #: 211-89-666

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Monterey Homes

Tax Info

  • Tax Annual Amount: 4777.0
  • Tax Book Number: 211.00
  • Tax Lot: 19
  • Tax Map Number: 89.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2022
Closed on
May 26, 2022
Sold by
Patel Samir V and Patel Marie Emily
Bought by
Tbm Exempt Trust
Seller's Agent
Lisa Zitter
Russ Lyon Sotheby's International Realty
Buyer's Agent
Lisa Westcott
RETSY
List Price
$2,450,000
Sold Price
$2,450,000
Current Estimated Value
$2,163,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$286,358
Avg. Annual Appreciation
-1.90%

Purchase Details

Closed on
Jul 17, 2020
Sold by
Meritage Homes Of Arizona Inc
Bought by
Patel Samir V and Patel Emily Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Tbm Exempt Trust $2,450,000 Premier Title
Patel Samir V $1,104,310 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Samir V $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $2,450,000 0.0% $537 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $2,450,000 -- $537 / 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 $4,810 $83,467 -- --
2024 $4,610 $79,493 -- --
2023 $4,610 $122,810 $24,560 $98,250
2022 $4,483 $100,570 $20,110 $80,460
2021 $4,777 $99,520 $19,900 $79,620
2020 $923 $19,215 $19,215 $0
2019 $892 $16,650 $16,650 $0
2018 $860 $16,560 $16,560 $0
2017 $831 $15,030 $15,030 $0
2016 $819 $14,160 $14,160 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Zitter

    Seller's Agent in 2022

    Lisa Zitter

    Russ Lyon Sotheby's International Realty

    (480) 859-9880

    3 in this area

    26 Total Sales

    Lisa Zitter
    Section Image
  • Daniel Wolski

    Seller Co-Listing Agent in 2022

    Daniel Wolski

    Russ Lyon Sotheby's International Realty

    (480) 488-5718

    6 in this area

    327 Total Sales

    Daniel Wolski
    Section Image
  • Lisa Westcott

    Buyer's Agent in 2022

    Lisa Westcott

    RETSY

    (480) 229-3455

    2 in this area

    154 Total Sales

    Lisa Westcott
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6369749

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-89-666

Arizona Maricopa County Cave Creek 85331 Desert View

5501 E Dew Drop Trail, Cave Creek, AZ

This home is located at 5501 E Dew Drop Trail, Cave Creek, AZ 85331 since 20 March 2022 and is currently estimated at $2,163,642, approximately $474 per square foot. This property was built in 2020. 5501 E Dew Drop Trail is a home located in Maricopa County with nearby schools including Horseshoe Trails Elementary School, Sonoran Trails Middle School, and Cactus Shadows High School.

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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