NOT LISTED FOR SALE

5524 E Butte Canyon Dr Unit 62 Cave Creek, AZ 85331

Estimated Value: $383,833 - $546,000

1.25 Acres
$371,166 Price per Acre
54,450 Sq Ft Lot

Last Sold December 24, 2020

Last sale price $265,000

Est. 94% increase in value since last sale

Current estimated payment $2,809/month

236 Days on Market

Highlights

  • 1.25 Acre Lot
  • Mountain View
  • Property is near a preserve or public land
  • Black Mountain Elementary School Rated A-

About This Lot

As of December 2020

Intimate Canyon Ridge Estates subdivision collection custom homes on larger lots, this very buildable 1.25 acre lot backs to a forest of Saguaros and gorgeous mountain vistas. Lot and surrounds are spectacular with colorful, blooming desert and an abundance of privacy with conservancy land behind it. Scenic rolling hills and iconic Black Mountain is the centerpiece of near by downtown Cave Creek and Carefree. All are lit up by stunning sunrises and sunsets. Paved curbed streets and underground utilities including Southwest gas, APS, cable, and water. Close & Convenient to Shopping, schools, restaurants but feels like country living! Build your dream home here! Not gated. HOA is $300 per year. Architectural guidelines are in documents

Last Agent to Sell the Property

Carla Whitten

AZ Brokerage Holdings, LLC License #BR008231000 Listed on: 10/08/2020

Last Buyer's Agent

Farrell Hogenauer

Real Broker License #SA663619000

Real Broker

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $780

Lot Details

  • 1.25

HOA Fees

  • $25 Monthly HOA Fees

Schools

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

Additional Features

  • Mountain Views
  • North or South Exposure
  • 1.25 Acre Lot
  • Private Water Source

Community Details

  • Desert Realty Mnmgt Association, Phone Number (602) 861-5980
  • Canyon Ridge Estates Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 211-13-150

Property Details

Property Type

Land

Est. Annual Taxes

$780

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Cross Street: Cave Creek & Carefree Highway-North
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Off Site Imp Complte
  • Topography: Hillside, Gentle Sloping, Level
  • Zoning: Res
  • Tax Year: 2019
  • Directions: North on Cave Creek RD, Left/West on Canyon Ridge Dr, follow around Left at T, to right/north on Willow Cross to end, sign on 5524 E Butte Canyon Drive vacant lot
  • Horses: No
  • Lot Size Acres: 1.25
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s)
  • Subdivision Name: CANYON RIDGE ESTATES
  • View:Mountain View(s): Yes
  • Water Source Private Franchise2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Other, See Remarks, North/South Exp, Borders Pres/Pub Lnd
  • View: Mountain(s)
  • Disclosures: Seller Prop Disc Stm, None
  • Other Structures: None

Utilities

  • Electric: APS, Underground
  • Water Source: Private

Condo/Co-op/Association

  • Annual HOA Fees: 300.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: 602-861-5980
  • HOA Transfer Fee: 150.0
  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association Name: Desert Realty Mnmgt
  • Phone: 602-861-5980
  • Association: Yes

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

  • Lot Size: Irr
  • Lot Size Sq Ft: 54595.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 211-13-150

Tax Info

  • Tax Annual Amount: 780.0
  • Tax Book Number: 211.00
  • Tax Lot: 62
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Dec 21, 2020
Sold by
Jalm Investors Limited Partnership
Bought by
Betancourt George and George Betancourt Living Trust
Seller's Agent
Carla Whitten
AZ Brokerage Holdings, LLC
Buyer's Agent
Farrell Hogenauer
Real Broker
List Price
$269,000
Sold Price
$265,000
Premium/Discount to List
-$4,000
-1.49%
Current Estimated Value
$513,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,741
Avg. Annual Appreciation
12.29%

Purchase Details

Closed on
Mar 26, 2007
Sold by
Madson James L and Madson Ann L
Bought by
Jalm Investors Lp

Purchase Details

Closed on
Apr 18, 2003
Sold by
Walker Jerry
Bought by
Madson James L and Madson Ann L

Purchase Details

Closed on
Nov 25, 2002
Sold by
M/I Homes Inc
Bought by
Walker Jerry

Purchase Details

Closed on
Nov 14, 2002
Sold by
Walker Paula Lee
Bought by
Walker Jerry
Source: Public Records

Range of Values:

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Average Value
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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
Betancourt George $265,000 Empire West Title Agency Llc
Jalm Investors Lp -- None Available
Madson James L $253,500 Security Title Agency
Walker Jerry $227,206 Capital Title Agency Inc
Walker Jerry -- Capital Title Agency Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2020 12/24/20 Sold $265,000 -1.5% --
11/12/2020 11/12/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $269,000 0.0% --
10/08/2020 10/08/20 Price Changed $269,000 +3.5% --
08/27/2020 08/27/20 Pending -- -- --
03/21/2020 03/21/20 For Sale $259,900 -- --
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 $810 $17,445 $17,445 --
2024 $764 $16,615 $16,615 --
2023 $764 $33,315 $33,315 $0
2022 $749 $26,205 $26,205 $0
2021 $817 $25,020 $25,020 $0
2020 $803 $25,650 $25,650 $0
2019 $780 $24,225 $24,225 $0
2018 $754 $20,640 $20,640 $0
2017 $730 $22,260 $22,260 $0
2016 $727 $15,315 $15,315 $0
2015 $730 $15,984 $15,984 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Carla Whitten

    Realty Executives

  • Farrell Hogenauer

    Buyer's Agent in 2020

    Farrell Hogenauer

    Real Broker

    (480) 430-1013

    3 in this area

    67 Total Sales

    Farrell Hogenauer
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6054470

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-13-150

Arizona Maricopa County Cave Creek 85331

5524 E Butte Canyon Dr Unit 62, Cave Creek, AZ

This home is located at 5524 E Butte Canyon Dr Unit 62, Cave Creek, AZ 85331 since 08 October 2020 and is currently estimated at $463,958. 5524 E Butte Canyon Dr Unit 62 is a home located in Maricopa County with nearby schools including Black Mountain Elementary School, Cactus Shadows High School, and Sonoran Trails Middle 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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