NOT LISTED FOR SALE

5578 E Fairway Trail Cave Creek, AZ 85331

Estimated Value: $1,405,299 - $1,596,000

3 Beds
3 Baths
3,196 Sq Ft
$477/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $876,500 $274 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $8,729/month

204 Days on Market

Highlights

  • On Golf Course
  • Heated Spa
  • Gated Community
  • Black Mountain Elementary School Rated A-
  • Sitting Area In Primary Bedroom
  • 1 Acre Lot

About This Home

As of May 2014

Custom Golf Course Estate -- Stunning 3,196 sq. ft. territorial home with 3 bedrooms, 3 baths + office. Open floor plan w/ panoramic mountain vistas. Designer chef kitchen, top-end appliances, granite counters & hand-made knotty alder woodwork. Master suite w/“his/hers” closets occupies entire 2nd floor. 2nd master suite on main floor. 3 car garage. Private courtyard with gorgeous wood doors, beautiful pool with extensive flagstone decking, spacious covered patios & view deck. 1 acre secured yard with nearly 600 ft of lineal golf course frontage, perfect for children, grand-children, pets, guest house/art studio, tennis court and putting green with an endless array of possibilities. All this and much more with No HOA for $900,000.

Last Agent to Sell the Property

Michael Woolsey

Liberty Properties & Associates License #SA513714000 Listed on: 10/02/2013

Last Buyer's Agent

Garrett Lipski

Realty Executives License #SA515784000

Realty Executives

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,283

Year Built

  • Built in 2006

Lot Details

  • 1 Acre Lot
  • On Golf Course
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

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

Home Design

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

Interior Spaces

  • 3,196 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Mountain Views
  • Laundry in unit

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Walk-In Closet
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Fire Sprinkler System

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Built-In Barbecue
  • Playground

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 211-12-140-E

Community Details

Overview

  • No Home Owners Association
  • Built by Dan McCoy
  • Desert Creek Subdivision

Recreation

  • Golf Course Community
  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,283

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Cave Creek Rd and Carefree Highway
  • Legal Info Range: 4E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2006
  • Tax Year: 2012
  • Directions: From Carefree Hwy, go North on Cave Creek Rd approx 2.4 miles, turn left (West) on Rancho Manana Blvd. After you pass the golf club, turn right into Desert Creek entrance to first home on right.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 1.0
  • Subdivision Name: Desert Creek
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: E
  • ResoBuildingAreaSource: Builder
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone, Wood
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Mstr Bdrm Sitting Rm, Upstairs, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, Drink Wtr Filter Sys, Fire Sprinklers, Soft Water Loop, Kitchen Island, Pantry, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3196.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Builder
  • Community Features:Community Pool: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Playground, Patio, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, On Golf Course
  • Pool Features: Community, Heated, Private
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Separate Strge Area, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric, Natural Gas
  • Laundry Features: Inside
  • Security: Security System Owned, Gated Community
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool, Golf
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 211-12-140-E
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Dan McCoy

Tax Info

  • Tax Annual Amount: 2283.0
  • Tax Book Number: 211.00
  • Tax Lot: 0
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2013
Closed on
May 27, 2014
Sold by
Vascil Gerald G and Vascil Marie L
Bought by
Simonsen Leif and Simonsen Tracy
Seller's Agent
Michael Woolsey
Liberty Properties & Associates
Buyer's Agent
Garrett Lipski
Realty Executives
List Price
$950,000
Sold Price
$876,500
Premium/Discount to List
-$73,500
-7.74%
Current Estimated Value
$1,524,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$647,575
Avg. Annual Appreciation
5.13%

Purchase Details

Closed on
Oct 17, 2007
Sold by
Hobbs Elizabeth
Bought by
Vascil Gerald G and Vascil Marie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$794,700
Interest Rate
6.75%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Simonsen Leif $876,500 U S Title Agency Llc
Vascil Gerald G $810,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vascil Gerald G $794,700
Previous Owner Hobbs Elizabeth $700,000
Previous Owner Hobbs Elizabeth $482,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $876,500 -2.6% $274 / Sq Ft
04/23/2014 04/23/14 Pending -- -- --
11/30/2013 11/30/13 Price Changed $900,000 -5.3% $282 / Sq Ft
10/01/2013 10/01/13 For Sale $950,000 -- $297 / 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 $2,866 $75,790 -- --
2024 $2,743 $72,181 -- --
2023 $2,743 $88,580 $17,710 $70,870
2022 $2,687 $65,470 $13,090 $52,380
2021 $3,066 $66,420 $13,280 $53,140
2020 $3,022 $60,530 $12,100 $48,430
2019 $2,931 $60,310 $12,060 $48,250
2018 $2,821 $58,320 $11,660 $46,660
2017 $2,719 $57,510 $11,500 $46,010
2016 $2,704 $58,810 $11,760 $47,050
2015 $2,559 $51,660 $10,330 $41,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5008120

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-12-140E