$1,415,750
SOLD JUL 31, 2015

5723 E Yucca Rd Cave Creek, AZ 85331

4 Beds
2.5 Baths
3,500 Sq Ft
8.15 Acres

Recently Sold

$404 Per Sq Ft

11% Below List Price

98 Days on Market

Highlights

  • Barn
  • Arena
  • 8.15 Acre Lot
  • Black Mountain Elementary School Rated A-
  • Private Pool
  • Mountain View

About This Home

As of June 2023

***COMPLETE Equestrian Estate ready for you and your horses!! A 3500-square foot home on 8-plus ACRES, entirely fenced!!*** Located in Cave Creek, the estate includes the following: 2 BARNS w/water and electricity and stalls for 20 horses. UPPER BARN has six 12’x16’ stalls, each with its own run, and a BARN APARTMENT w/bathroom and kitchen; LOWER Barnmaster BARN has fourteen 12’x16’ stalls, 4 wash racks, 2 large tack rooms, built in 2009 and only used for 1 month. Also includes a MARE MOTEL with 4 large stalls and automatic water; a large, secure TACK ROOM; a WASH RACK with hot water; 3-sided covered HAY STORAGE; 5-ton PELLET BIN; a SHAVINGS PIT; a DRESSAGE ARENA; and a 115’x225’ WORKING ARENA. Enjoy the peaceful mountain views, cooler temperatures and close proximity to town.

Last Agent to Sell the Property

Mike Norris

Mike Norris Properties, LLC License #BR545079000 Listed on: 03/07/2015

Last Buyer's Agent

Debbie Omundson

Russ Lyon Sotheby's International Realty License #BR043321000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1990

Lot Details

  • 8.15 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Solar Screens
  • Family Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage
  • Built-In Barbecue

Schools

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

Farming

  • Barn
  • Hot Walker

Horse Facilities and Amenities

  • Horse Automatic Waterer
  • Horses Allowed On Property
  • Horse Stalls
  • Corral
  • Tack Room
  • Arena

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 14
  • Assessor Parcel Number 211-04-014

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Loringwood Estates Subdivision

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,400

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Cross Street: East Cave Creek Road and North Spur Cross Road
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1990
  • Tax Year: 2014
  • Directions: From Cave Creek Road go north on Spur Cross Road, west (left) on Yucca Road. 2nd property on the south side (left side).
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 8.15
  • Subdivision Name: Loringwood Estates
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Freestnd Fireplace: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: Ranch, Farm
  • Spa Features: None
  • Possible Bedrooms: 7
  • Total Bedrooms: 4
  • Fireplace Features: Free Standing, Family Room
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3500.0
  • Stories: 2
  • Window Features: Solar Screens
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Storage, Built-in Barbecue
  • Lot Features: Natural Desert Back, Natural Desert Front
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: 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

Condo/Co-op/Association

  • 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

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

  • Horse Amenities: Arena, Auto Water, Barn, Bridle Path Access, Corral(s), Hot Walker, Stall, Tack Room
  • Land Lease: No
  • Lot Size Sq Ft: 355084.0
  • Parcel #: 211-04-014

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 4400.0
  • Tax Book Number: 211.00
  • Tax Lot: 14
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Jun 5, 2023
Sold by
Melaney Mann Family Trust
Bought by
5723 E Yucca Llc
Seller's Agent
Michel Edery
Russ Lyon Sotheby's International Realty
Buyer's Agent
Kurt Boyd
Russ Lyon Sotheby's International Realty
List Price
$5,000,000
Sold Price
$3,700,000
Premium/Discount to List
-$1,300,000
-26%
Views
215
Current Estimated Value
$3,660,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,916
Avg. Annual Appreciation
-0.82%

Purchase Details

Closed on
Mar 23, 2020
Sold by
Mann Malaney J
Bought by
Mann Malaney J

Purchase Details

Listed on
Jan 19, 2019
Closed on
Nov 19, 2019
Sold by
Garvin Phillip and Seda Garvin Angela
Bought by
Mann Melaney
Seller's Agent
Debbie Omundson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Barbara Miller
Russ Lyon Sotheby's International Realty
List Price
$2,950,000
Sold Price
$2,550,000
Premium/Discount to List
-$400,000
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$1,785,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2015
Closed on
Jun 15, 2015
Sold by
Vander Rest Henry P and Van Der Rest Gina M
Bought by
Garvin Philip and Seda Garvin Angela
Seller's Agent
Mike Norris
Mike Norris Properties, LLC
Buyer's Agent
Debbie Omundson
Russ Lyon Sotheby's International Realty
List Price
$1,595,000
Sold Price
$1,415,750
Premium/Discount to List
-$179,250
-11.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.41%

Purchase Details

Closed on
Mar 8, 2007
Sold by
Hesher Darrell and Hesher Roseann
Bought by
Vander Rest Henry P and Van Der Rest Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
May 14, 1997
Sold by
Harting Craig A and Jewell Dria W
Bought by
Hesher Darrell and Hesher Roseann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
8.13%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $3,700,000 Arizona Premier Title
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $2,550,000 First American Title Ins Co
Warranty Deed $1,415,750 First American Title Ins Co
Warranty Deed $1,880,000 Title Management Agency Of A
Warranty Deed $525,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,785,000 New Conventional
Previous Owner $1,500,000 Unknown
Previous Owner $472,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Sold $3,700,000 -12.9% $896 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
12/16/2022 12/16/22 Price Changed $4,250,000 -5.6% $1,029 / Sq Ft
08/03/2022 08/03/22 Price Changed $4,500,000 -10.0% $1,090 / Sq Ft
03/23/2022 03/23/22 For Sale $5,000,000 +96.1% $1,211 / Sq Ft
12/11/2019 12/11/19 Sold $2,550,000 -1.7% $632 / Sq Ft
11/17/2019 11/17/19 Pending -- -- --
11/13/2019 11/13/19 Price Changed $2,595,000 -12.0% $643 / Sq Ft
01/19/2019 01/19/19 For Sale $2,950,000 +108.4% $731 / Sq Ft
07/31/2015 07/31/15 Sold $1,415,750 -11.2% $405 / Sq Ft
06/13/2015 06/13/15 Pending -- -- --
03/07/2015 03/07/15 For Sale $1,595,000 -- $456 / 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 $5,631 $121,875 -- --
2024 $5,335 $116,072 -- --
2023 $5,335 $185,260 $37,050 $148,210
2022 $5,229 $146,120 $29,220 $116,900
2021 $5,704 $137,400 $27,480 $109,920
2020 $5,611 $119,350 $23,870 $95,480
2019 $5,451 $118,050 $23,610 $94,440
2018 $5,268 $79,670 $15,930 $63,740
2017 $3,891 $62,960 $12,590 $50,370
2016 $4,106 $63,510 $12,700 $50,810
2015 $4,147 $64,930 $12,980 $51,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5246972

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-04-014