$865,000
SOLD JUN 10, 2024

5530 E Cahava Ranch Rd Cave Creek, AZ 85331

3 Beds
2 Baths
1,796 Sq Ft
2.27 Acres

Recently Sold

$482 Per Sq Ft

3% Below List Price

5 Days on Market

Highlights

  • Horses Allowed On Property
  • 2.27 Acre Lot
  • Wood Flooring
  • Black Mountain Elementary School Rated A-
  • Mountain View
  • Santa Fe Architecture

About This Home

As of June 2024

Introducing 5530 Cahava Ranch-an inviting home nestled on 2+ acres in original Cave Creek. As you enter the spacious great room you are welcomed with lovely mountain views & the tranquil ambiance that is distinctive to the area. A cozy fireplace and lots of windows adorn the inviting great room which flows out to a generous patio, overlooking lush desert & a background of Elephant Butte & the Continentals. With 3 bedrooms updated with wood floors and 2 recently remodeled baths, this home is ready to live in today. Adding to the allure is acreage to add a horse set-up, garage/workshop, or casita. The possibilities are endless. A 3-car garage and charming SW style home is waiting for you in The Creek!

Last Agent to Sell the Property

Laura Shutt

Russ Lyon Sotheby's International Realty License #SA077395000 Listed on: 03/19/2024

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Nicholas Cherches

HomeSmart License #SA687405000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,798

Year Built

  • Built in 1996

Lot Details

  • 2.27 Acre Lot
  • Desert faces the front and back of the property

Parking

  • 3 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 1,796 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Wood Frame Window
  • Family Room with Fireplace
  • Mountain Views
  • Built-In Microwave

Flooring

  • Floors Updated in 2022
  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom Updated in 2022
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered patio or porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Cave Creek Acreage Subdivision

Listing and Financial Details

  • Tax Lot C
  • Assessor Parcel Number 211-59-053-C

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,798

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Cave Creek and Spur Cross
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2022
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2022
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Tax Year: 2023
  • Directions: N on Spur Cross to Cahava Ranch Rd. L and follow to home on RT
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 2.27
  • Subdivision Name: Cave Creek Acreage
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • Tax Parcel Letter: C
  • ResoBuildingAreaSource: Assessor
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, No Interior Steps, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1796.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane, Wood Frames
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail, Well Disclosure
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access, Circular Driveway, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Well
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

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: 98972.0
  • Parcel #: 211-59-053-C
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1798.0
  • Tax Book Number: 211.00
  • Tax Lot: C
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Jun 10, 2024
Sold by
Schmid Amy
Bought by
Cherches Nicholas Andrew
Seller's Agent
Laura Shutt
Russ Lyon Sotheby's International Realty
Buyer's Agent
Nicholas Cherches
HomeSmart
List Price
$890,000
Sold Price
$865,000
Premium/Discount to List
-$25,000
-2.81%
Total Days on Market
5
Views
37
Current Estimated Value
$861,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,660
Avg. Annual Appreciation
-0.44%
Original Mortgage
$761,200
Outstanding Balance
$755,002
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$106,338

Purchase Details

Closed on
Jun 3, 2022
Sold by
Miller and Kendra
Bought by
Schmid Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2008
Sold by
Hughes C William and Hughes Kathy L
Bought by
Miller Tim and Miller Kendra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2005
Sold by
Lyndes Gerald F and Lyndes Carolyn E
Bought by
Hughes C William and Hughes Kathy L

Purchase Details

Closed on
May 25, 1995
Sold by
Willer Gary Lynn
Bought by
Fleming Julie Anne

Purchase Details

Closed on
Nov 29, 1994
Sold by
Lyndes Gerald F and Lyndes Carolyn E
Bought by
Fleming Julie Anne

Purchase Details

Closed on
Nov 28, 1994
Sold by
Fleming Julie Anne
Bought by
Lyndes Gerald F and Lyndes Carolyn E
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 $865,000 American Title Service Agency
Warranty Deed $657,500 New Title Company Name
Warranty Deed $700,000 Capital Title Agency Inc
Cash Sale Deed $575,000 Title Partners Of Phoenix Ll
Quit Claim Deed -- Grand Canyon Title Agency In
Quit Claim Deed -- Grand Canyon Title Agency In
Quit Claim Deed -- --
Joint Tenancy Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $761,200 New Conventional
Previous Owner $475,000 New Conventional
Previous Owner $257,000 Purchase Money Mortgage
Previous Owner $45,400 Credit Line Revolving
Previous Owner $188,000 Unknown
Previous Owner $26,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $865,000 -2.8% $482 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $890,000 0.0% $496 / Sq Ft
05/01/2019 05/01/19 Rented $2,200 0.0% --
04/10/2019 04/10/19 For Rent $2,200 +10.0% --
07/01/2017 07/01/17 Rented $2,000 0.0% --
05/24/2017 05/24/17 For Rent $2,000 +17.6% --
12/01/2015 12/01/15 Rented $1,700 -15.0% --
11/09/2015 11/09/15 Under Contract -- -- --
10/10/2015 10/10/15 For Rent $2,000 +5.3% --
07/01/2014 07/01/14 Rented $1,900 -9.5% --
05/26/2014 05/26/14 Under Contract -- -- --
03/24/2014 03/24/14 For Rent $2,100 +16.7% --
12/01/2012 12/01/12 Rented $1,800 -14.3% --
11/17/2012 11/17/12 Under Contract -- -- --
10/01/2012 10/01/12 For Rent $2,100 -- --
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 $1,879 $49,685 -- --
2024 $1,798 $32,011 -- --
2023 $1,798 $55,430 $11,080 $44,350
2022 $2,132 $44,170 $8,830 $35,340
2021 $2,325 $44,210 $8,840 $35,370
2020 $2,287 $40,160 $8,030 $32,130
2019 $1,890 $40,010 $8,000 $32,010
2018 $1,819 $37,620 $7,520 $30,100
2017 $1,754 $36,220 $7,240 $28,980
2016 $1,744 $39,150 $7,830 $31,320
2015 $1,650 $33,020 $6,600 $26,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6675829

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-59-053C