NOT LISTED FOR SALE

5718 E Perdido Dr Cave Creek, AZ 85331

Estimated Value: $1,472,000 - $1,686,000

4 Beds
4.5 Baths
3,696 Sq Ft
$415/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $1,330,000 $360 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,474/month

26 Days on Market

Highlights

  • Play Pool
  • Gated Community
  • Santa Fe Architecture
  • Black Mountain Elementary School Rated A-
  • Mountain View
  • Granite Countertops

About This Home

As of August 2021

Welcome home to Lost Acres small gated community overlooking Black Mountain to the east & Tonto National Forest mountains to the North. Custom home offers views from every room. Gated courtyard w/fountain, library, office/music room, split floor-plan w/ large master bathroom, incredible large kitchen w/ huge island,& breakfast bar, guest suite w/ its own living space, new stone flooring, 2 new HVAC's, beautiful pool w/water feature & mountain views, 3 car cooled garage, built-in gas BBQ. All bedrooms are ensuite w/upgraded bathrooms. Mature foliage. Very private and quiet community.

Last Agent to Sell the Property

Mary Abbott

HomeSmart License #SA528183000 Listed on: 06/18/2021

HomeSmart

Last Buyer's Agent

Crystal Mills

Compass License #SA671569000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,020

Year Built

  • Built in 1995

Lot Details

  • 0.82 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

  • $86 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 3,696 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Mountain Views

Kitchen

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

Flooring

  • Carpet
  • Stone
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

  • Security System Leased
  • Smart Home

Accessible Home Design

  • Grab Bar In Bathroom

Outdoor Features

  • Play Pool
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

  • Cooling System Updated in 2021
  • Central Air
  • Heating System Uses Natural Gas
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 211-28-293

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, trash
  • Lost Acres Association, Phone Number (480) 585-7583
  • Lost Acres Estates Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,020

Year Built

Built in 1995

Lot Details

0

HOA Fees

$86 per month

Parking

3

Listing Details

  • Cross Street: Cave Creek Road & Carefree Highway
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 86.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2018
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2018
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2021
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2019
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1995
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.82
  • Subdivision Name: LOST ACRES ESTATES
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 359.84
  • Association Fees:HOA Fee2: 258.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Vinyl, Stone, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Accessibility Features: Bath Grab Bars
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3696.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Natural Desert Back, Gravel/Stone Front, Gravel/Stone Back, Natural Desert Front
  • Pool Features: Play Pool, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • 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:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access, Temp Controlled
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Leased
  • 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: Gated
  • Association Fee: 258.0
  • Association Fee Frequency: Quarterly
  • Association Name: LOST ACRES
  • Phone: 480-585-7583
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: LOST ACRES
  • 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_: $
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint, Trash

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: 35646.0
  • Parcel #: 211-28-293

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3020.0
  • Tax Book Number: 211.00
  • Tax Lot: 12
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 27, 2021
Sold by
Jost Linda J and Jost Kenneth D
Bought by
Ortega Victor Enrique and Ortega Heather Boles
Seller's Agent
Mary Abbott
HomeSmart
Buyer's Agent
Crystal Mills
Compass
List Price
$1,399,999
Sold Price
$1,330,000
Premium/Discount to List
-$69,999
-5%
Current Estimated Value
$1,533,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,910
Avg. Annual Appreciation
3.26%
Original Mortgage
$1,197,000
Outstanding Balance
$1,088,444
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$445,466

Purchase Details

Listed on
Jan 29, 2018
Closed on
Jul 31, 2018
Sold by
Carnes Patrick J
Bought by
Jost Linda J and Jost Kenneth D
Seller's Agent
Andrea Nelson
HomeSmart
Buyer's Agent
Mary Abbott
HomeSmart
List Price
$849,000
Sold Price
$825,000
Premium/Discount to List
-$24,000
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.10%
Original Mortgage
$660,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 25, 2005
Sold by
Carnes Suzanne L and Carnes Patrick J
Bought by
Carnes Patrick J and Carnes Suzanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
5.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2005
Sold by
Carnes Patrick J
Bought by
Carnes Suzanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2004
Sold by
Darga Lori J
Bought by
Carnes Patrick J and Carnes Suzanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2002
Sold by
Lewis Richard T
Bought by
Darga Lori J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,740
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 1995
Sold by
Amberwood Development Inc
Bought by
Lewis Richard T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 1994
Sold by
Three Dozen Partnership Ltd Partnership
Bought by
Amberwood Development Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ortega Victor Enrique $1,330,000 Fidelity Natl Ttl Agcy Inc
Jost Linda J $825,000 Lawyers Title Of Arizona Inc
Carnes Patrick J -- First American
Carnes Suzanne L -- --
Carnes Patrick J $700,000 North American Title Co
Darga Lori J $358,440 Fidelity National Title
Lewis Richard T $230,000 Old Republic Title Agency
Amberwood Development Inc $67,900 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega Victor Enrique $1,197,000
Previous Owner Jost Linda J $660,000
Previous Owner Carnes Patrick J $730,000
Previous Owner Carnes Suzanne L $740,000
Previous Owner Carnes Patrick J $560,000
Previous Owner Darga Lori J $286,740
Previous Owner Lewis Richard T $184,000
Closed Darga Lori J $71,700
Closed Carnes Patrick J $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2021 08/12/21 Sold $1,330,000 -5.0% $360 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $1,399,999 +69.7% $379 / Sq Ft
09/29/2018 09/29/18 Sold $825,000 -1.7% $223 / Sq Ft View Prior Sale
09/26/2018 09/26/18 Price Changed $839,000 0.0% $227 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
05/01/2018 05/01/18 Price Changed $839,000 -1.2% $227 / Sq Ft
03/17/2018 03/17/18 For Sale $849,000 +2.9% $230 / Sq Ft
02/05/2018 02/05/18 Off Market $825,000 -- --
01/29/2018 01/29/18 For Sale $849,000 -- $230 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,960 $77,000 -- --
2024 $2,786 $73,333 -- --
2023 $2,786 $80,530 $16,100 $64,430
2022 $2,730 $68,750 $13,750 $55,000
2021 $3,064 $67,170 $13,430 $53,740
2020 $3,020 $61,980 $12,390 $49,590
2019 $2,929 $61,870 $12,370 $49,500
2018 $2,819 $61,650 $12,330 $49,320
2017 $2,718 $60,160 $12,030 $48,130
2016 $2,703 $59,470 $11,890 $47,580
2015 $2,557 $52,170 $10,430 $41,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6252574

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-28-293