NOT LISTED FOR SALE

5811 E Surrey Dr Cave Creek, AZ 85331

10 Beds
6 Baths
1,400 Sq Ft
1971 Built

Last Sold May 06, 2022

Last sale price $1,175,000 $839 Per Sq Ft

3 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Black Mountain Elementary School Rated A-
  • Ceiling Fan

About This Home

As of May 2022

Once in a lifetime opportunity in Cave Creek. Check out this 6 unit, 1 building, single level apartment building in a location like no other. Fantastic views & location! Slump Block bldg on Cave Creek Water & City Sewer! Each unit has it's own A/C units, community laundry rm w/washer & dryer.Gas Water Heaters, Heat & gas ranges. Refrigerator, dishwasher & disposals in all kitchens. There are 4 2 bdrm/1 bath units & 2 1 bdrm/1 bath units. All have a living area, eat in kitchen & patio space. Common area in front & in back of building and NO HOA!Fantastic Mountain Views & so close to center of town....this is a prime opportunity to own an investment property in Cave Creek! Additional Financial Information being verified & will be updated. All tenants are on month to month.

Last Agent to Sell the Property

Melissa McCormick Wise

Curt McCormick & Associates, L.L.C. License #BR501703000 Listed on: 04/23/2022

Co-Listed By

Curtis McCormick

Curt McCormick & Associates, L.L.C. License #BR011295000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,314

Year Built

  • Built in 1971

Home Design

  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Over 1 Space Per Unit
  • Free Parking

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Private Water Source
  • Master Water Meter

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • The owner pays for gas, trash collection, water, sewer, landscaping
  • Tax Lot 11
  • Assessor Parcel Number 211-55-011

Community Details

Overview

  • 6 Units
  • Building Dimensions are 19500
  • Surrey Hills Subdivision

Building Details

  • Operating Expense $8,034
  • Gross Income $45,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,314

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: Cave Creek Rd & Carefree Hwy
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2021
  • Directions: North on Cave Creek Rd to Surrey Dr, West to property on left.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: mccm01
  • Co List Office Phone: 480-991-0075
  • Subdivision Name: SURREY HILLS
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Water Source Private14: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Slump Block
  • Roof: Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Parking Features: Free, >1 Space Per Unit, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking Features Free2: Yes
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Electric, Heat Pump
  • Heating: Individual, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, Private
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Fuel Expense: 480.0
  • Trash Expense: 2100.0
  • Annual Water Sewer Expense: 2040.0

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

  • Lot Size: 19500
  • Additional Parcels: Yes
  • Parcel #: 211-55-011

Multi Family

  • Owner Pays: Gas, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 6
  • Annual Gross Income: 45900.0
  • Annual Operating Expense: 8034.0

Tax Info

  • Tax Annual Amount: 1314.0
  • Tax Book Number: 211.00
  • Tax Lot: 11

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $1,175,000 -9.6% $839 / Sq Ft
04/22/2022 04/22/22 For Sale $1,300,000 -- $929 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Melissa McCormick Wise

    Curt McCormick & Associates, L.L.C.

  • C

    Seller Co-Listing Agent in 2022

    Curtis McCormick

    Curt McCormick & Associates, L.L.C.

  • N

    Buyer's Agent in 2022

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6388195

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Cave Creek 85331

5811 E Surrey Dr, Cave Creek, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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