NOT LISTED FOR SALE

5552 E Butte Canyon Dr Cave Creek, AZ 85331

Estimated Value: $2,329,484 - $2,828,000

4 Beds
4.5 Baths
5,122 Sq Ft
$488/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $1,450,000 $283 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $13,501/month

325 Days on Market

Highlights

  • Heated Spa
  • 1.29 Acre Lot
  • Fireplace in Primary Bedroom
  • Black Mountain Elementary School Rated A-
  • Mountain View
  • Vaulted Ceiling

About This Home

As of August 2018

Freshly painted 3/9/18 inside giving a new crisp look! Inviting courtyard entry with fireplace. Foyer opens to formal dining room and great room! Gourmet kitchen with double stacked cabinets,viking professional gas stove with dual ovens, true butler pantry with built-in cabinetry. Resort back yard back to preserve land contiguous to miles of open space and park land. Pool and spa w/ waterfall and spillover, rotunda with grill, two fireplaces and views of Black Mtn and other mountains to the south. The master retreat is fabulous! Enjoy another fireplace and a luxurious bath with two water closets, walk-in closet with built-in wardrobes, beautiful flooring and an exercise room with refrigerator/bar. Home has Crestron home automation for lighting and sound. Theater room with kitchenette

Last Agent to Sell the Property

Janet Mohr

Realty Executives Arizona Territory License #BR008015000 Listed on: 09/05/2017

Realty Executives Arizona Territory

Last Buyer's Agent

Janet Mohr

AZ Brokerage Holdings, LLC License #BR008015000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,127

Year Built

  • Built in 2004

Lot Details

  • 1.29 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 5,122 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 3 Fireplaces
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Intercom
  • Smart Home

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • 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
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 211-13-149

Community Details

Overview

  • Association fees include ground maintenance
  • Canyon Ridge Estates Association, Phone Number (602) 861-5980
  • Built by Town and Country
  • Canyon Ridge Estates Subdivision, Custom Floorplan

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,127

Year Built

Built in 2004

Lot Details

0

HOA Fees

$23 per month

Parking

3

Listing Details

  • Cross Street: Carefree Hwy & Cave Creek Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 22.92
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2004
  • Spa Private: Yes
  • Tax Year: 2016
  • Directions: north on Cave Creek rd to Canyon Ridge Dr, west and north to Canyon Ridge Dr North, west to Willow Cross Dr, north to Butte Canyon, east to property
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.29
  • Subdivision Name: CANYON RIDGE ESTATES
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 275.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): 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
  • Fireplace Features Fireplace Master Bdr: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated, Private
  • Appliances: Water Purifier
  • Other Equipment: Intercom
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Other, See Remarks, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 5122.0
  • Stories: 1
  • Window Features: Dual Pane
  • 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
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Other, Balcony, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Natural Desert Front
  • Pool Features: Heated, Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Other6: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access, Side Vehicle Entry, Assigned
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Other7: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association Fee: 275.0
  • Association Fee Frequency: Annually
  • Association Name: Canyon Ridge Estates
  • Phone: 602-861-5980
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 375.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Canyon Ridge Estates
  • Association Fees:HOA Telephone4: 602-861-5980
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 56359.0
  • Parcel #: 211-13-149

Building Info

  • Builder Name: Town and Country

Tax Info

  • Tax Annual Amount: 5127.0
  • Tax Book Number: 211.00
  • Tax Lot: 61
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2017
Closed on
Aug 13, 2018
Sold by
Bich Howard Leigh and Birch Melisa Kay
Bought by
Paganini Karen M and Kmf Family Trust
Seller's Agent
Janet Mohr
Realty Executives Arizona Territory
Buyer's Agent
Janet Mohr
Realty Executives Arizona Territory
List Price
$1,500,000
Sold Price
$1,450,000
Premium/Discount to List
-$50,000
-3.33%
Current Estimated Value
$2,497,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,047,621
Avg. Annual Appreciation
7.88%
Original Mortgage
$942,000
Outstanding Balance
$801,586
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,696,035

Purchase Details

Closed on
Jun 30, 2010
Sold by
Birch Howard L and Birch Melisa K
Bought by
Birch Howard Leigh and Birch Melisa Kay

Purchase Details

Closed on
May 25, 2007
Sold by
Vaughn Steve H and Vaughn Laurie J
Bought by
Birch Howard L and Birch Melisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,173,750
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2007
Sold by
Vaughn Steve H and Vaughn Laurie J
Bought by
Vaughn Steve H and Vaughn Laurie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,173,750
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2004
Sold by
Town & Country Homes Inc
Bought by
Vaughn Steve H and Vaughn Laurie J

Purchase Details

Closed on
May 20, 2003
Sold by
M/I Homes Inc
Bought by
Town & Country Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$737,750
Interest Rate
5.75%
Mortgage Type
New Conventional
Source: Public Records

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 Buyer Sale Price Title Company
Paganini Karen M $1,450,000 First American Title Insuran
Birch Howard Leigh -- None Available
Birch Howard L $1,565,000 First American Title Ins Co
Vaughn Steve H -- Chicago Title Insurance Co
Vaughn Steve H $1,550,000 Capital Title Agency Inc
Town & Country Homes Inc $224,250 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paganini Karen M $942,000
Previous Owner Birch Howard L $1,173,750
Previous Owner Vaughn Steve H $800,000
Previous Owner Town & Country Homes Inc $737,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2018 08/24/18 Sold $1,450,000 -1.7% $283 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
04/27/2018 04/27/18 Price Changed $1,475,000 -1.5% $288 / Sq Ft
03/18/2018 03/18/18 Price Changed $1,498,000 -0.1% $292 / Sq Ft
03/11/2018 03/11/18 Price Changed $1,499,000 +0.1% $293 / Sq Ft
12/26/2017 12/26/17 Price Changed $1,497,500 0.0% $292 / Sq Ft
12/26/2017 12/26/17 Price Changed $1,498,000 0.0% $292 / Sq Ft
11/24/2017 11/24/17 Price Changed $1,497,500 -0.1% $292 / Sq Ft
11/10/2017 11/10/17 Price Changed $1,498,500 0.0% $293 / Sq Ft
10/18/2017 10/18/17 Price Changed $1,499,000 -0.1% $293 / Sq Ft
09/05/2017 09/05/17 For Sale $1,500,000 -- $293 / 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 $4,552 $117,186 -- --
2024 $5,130 $111,606 -- --
2023 $5,130 $122,960 $24,590 $98,370
2022 $5,028 $101,230 $20,240 $80,990
2021 $6,004 $105,670 $21,130 $84,540
2020 $5,906 $100,510 $20,100 $80,410
2019 $6,094 $101,660 $20,330 $81,330
2018 $5,335 $105,500 $21,100 $84,400
2017 $5,107 $109,250 $21,850 $87,400
2016 $5,137 $101,120 $20,220 $80,900
2015 $4,781 $96,360 $19,270 $77,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5656124

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-13-149