NOT LISTED FOR SALE

5888 E Cloud Rd Unit 22 Cave Creek, AZ 85331

Estimated Value: $1,102,000 - $1,590,000

0.81 Acre
$1,698,430 Price per Acre
35,284 Sq Ft Lot

Last Sold July 10, 2015

Last sale price $120,000

Est. 1,046% increase in value since last sale

Current estimated payment $7,642/month

85 Days on Market

Highlights

  • City Lights View
  • 0.81 Acre Lot
  • No HOA
  • Black Mountain Elementary School Rated A-

About This Lot

As of July 2015

Bank Owned and priced to sell. Great Opportunity to build on this elevated view lot in Stagecoach Pass. City lights and Mountain Views. Priced below recent sale comps. Please see addendums before writing an offer.

Last Agent to Sell the Property

Bonny L. Holland

Keller Williams Realty Sonoran Living License #SA110749000 Listed on: 03/11/2015

Keller Williams Realty Sonoran Living

Last Buyer's Agent

Bonny Holland

Russ Lyon Realty Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $387

Lot Details

  • 0.81 Acre Lot
  • Property is zoned R-43

Property Views

  • City Lights
  • Mountain

Community Details

  • No Home Owners Association
  • Stagecoach Pass Estates Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 211-13-217

Property Details

Property Type

Land

Est. Annual Taxes

$387

Lot Details

0

Listing Details

  • Cross Street: Cave Creek Rd and Carefree Highway
  • Property Type: Land
  • Development Status: Subdivision Plat Apv, On Site Imp Cmplete
  • Zoning: R-43
  • Tax Year: 2014
  • Lot Size Acres: 0.81
  • Road Surface Type: Asphalt
  • Subdivision Name: Stagecoach Pass Estates
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: City Light View(s), Mountain View(s)
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: irr
  • Lot Size Sq Ft: 35294.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 211-13-217
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 387.0
  • Tax Book Number: 211.00
  • Tax Lot: 22
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2015
Closed on
Jul 8, 2015
Sold by
Mckinnon Dan and Mckinnon Kathy
Bought by
Mc Daniel Thomas Mckinnon and Mc Mary Kathlee
Seller's Agent
Bonny L. Holland
Keller Williams Realty Sonoran Living
Buyer's Agent
Bonny L. Holland
Keller Williams Realty Sonoran Living
List Price
$159,000
Sold Price
$120,000
Premium/Discount to List
-$39,000
-24.53%
Current Estimated Value
$1,375,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,255,728
Avg. Annual Appreciation
27.11%

Purchase Details

Listed on
Mar 11, 2015
Closed on
Jun 28, 2015
Sold by
Arizona West Radc Llc
Bought by
Mckinnon Dan and Mckinnon Kathy
Seller's Agent
Bonny L. Holland
Keller Williams Realty Sonoran Living
Buyer's Agent
Bonny L. Holland
Keller Williams Realty Sonoran Living
List Price
$159,000
Sold Price
$120,000
Premium/Discount to List
-$39,000
-24.53%

Purchase Details

Closed on
Feb 25, 2015
Sold by
Read John E and Mortgage Electronic Registrati
Bought by
Arizona West Radc Llc

Purchase Details

Closed on
May 25, 2007
Sold by
Read John E
Bought by
John E Read Revocable Living Trust

Purchase Details

Closed on
Sep 29, 2005
Sold by
Legends Venture 43 Llc
Bought by
Read John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2004
Sold by
Palmer Kenneth E
Bought by
Read John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
6.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mc Daniel Thomas Mckinnon -- Security Title Agency Inc
Mckinnon Dan $120,000 Security Title Agency Inc
Arizona West Radc Llc $155,000 None Available
John E Read Revocable Living Trust -- None Available
Read John E $440,000 --
Read John E $685,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckinnon Daniel Thomas $380,000
Closed Mckinnon Daniel Thomas $417,000
Previous Owner Read John E $396,000
Previous Owner Read John E $685,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2015 07/10/15 Sold $120,000 -24.5% --
06/04/2015 06/04/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $159,000 -- --
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 $2,443 $52,869 -- --
2024 $2,314 $50,352 -- --
2023 $2,314 $91,770 $18,350 $73,420
2022 $2,268 $70,960 $14,190 $56,770
2021 $2,474 $63,510 $12,700 $50,810
2020 $2,434 $59,650 $11,930 $47,720
2019 $2,365 $59,000 $11,800 $47,200
2018 $2,285 $14,895 $14,895 $0
2017 $417 $13,395 $13,395 $0
2016 $416 $9,885 $9,885 $0
2015 $417 $7,648 $7,648 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5248809

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-13-217