NOT LISTED FOR SALE

5933 E Fleming Springs Rd Unit 12 Cave Creek, AZ 85331

Estimated Value: $1,160,000 - $1,719,050

6 Acres
$249,493 Price per Acre
256,133 Sq Ft Lot

Last Sold March 27, 2020

Last sale price $250,000

Est. 487% increase in value since last sale

Current estimated payment $7,918/month

988 Days on Market

Highlights

  • Horses Allowed On Property
  • 5.88 Acre Lot
  • No HOA
  • Black Mountain Elementary School Rated A-
  • Mountain View
  • Horse Trails

About This Lot

As of March 2020

This beautiful, lushly vegetated custom home lot in Loringwood Estates in North Cave Creek is nearly 6 acres in size, with Fleming Springs Rd. on the northern border and Arroyo Rd. on the south. You will have two dedicated right of ways for super easy access. Incredible views of Elephant Butte, Skull and New River Mesa's to the north, Black Mountain to the south. This property is ready to go. Dozens of mature saguaro, Palo Verde, Mesquite, awesome sunsets, cool evenings and wildlife everywhere. City water is on site, phone and electric are to the property line as well. It's waiting for you...come build your dream home in the beautiful Sonoran Desert and have your awesome horse set up too! One of the last properties of it's kind in the ''Real'' Cave Creek area. Priced at $50,170/ acre.

Last Agent to Sell the Property

Jeff Hill

HomeSmart License #SA651674000 Listed on: 06/15/2017

HomeSmart

Last Buyer's Agent

Jennifer Patnode

Desert Dream Realty License #BR516334000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,697

Year Built

  • 2023

Lot Details

  • 5.88 Acre Lot
  • Property is zoned D5A

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Additional Features

  • Mountain Views
  • North or South Exposure
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 211-04-012-D

Community Details

Overview

  • No Home Owners Association
  • Loringwood Est. Lots 38 40 Subdivision

Recreation

  • Horse Trails

Property Details

Property Type

Land

Est. Annual Taxes

$1,697

Year Built

2023

Lot Details

0

Listing Details

  • Cross Street: Cave Creek and Spur Cross
  • Legal Info Range: 4E
  • Property Type: Land
  • Topography: Steep Sloping, Rolling, Existing Wash(s), Hillside, Gentle Sloping, Level
  • Zoning: D5A
  • Tax Year: 2018
  • Directions: North on Spur Cross from Cave Creek Rd. approx. 1.1 miles to Fleming Springs Rd. Turn right. Property is on the right.
  • Horses: Yes
  • Lot Size Acres: 5.88
  • Road Surface Type: Asphalt
  • Subdivision Name: LORINGWOOD EST. LOTS 38-40
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2023

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: Dual Street Ftg, Mountain View(s), North/South Exp, Adjacent to Wash
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District

Lot Info

  • Lot Size: IRR
  • Horse Amenities: Bridle Path Access
  • Lot Size Sq Ft: 255915.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 211-04-012-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1697.0
  • Tax Book Number: 211.00
  • Tax Lot: 12
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2017
Closed on
Mar 3, 2020
Sold by
Brien Barbara E O
Bought by
Millward Adrian
Seller's Agent
Jeff Hill
HomeSmart
Buyer's Agent
Jennifer Patnode
Desert Dream Realty
List Price
$354,000
Sold Price
$250,000
Premium/Discount to List
-$104,000
-29.38%
Total Days on Market
988
Current Estimated Value
$1,467,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,217,017
Avg. Annual Appreciation
38.27%

Purchase Details

Closed on
Jan 8, 2010
Sold by
Obrien Barbara E
Bought by
Obrien Barbara E and Barbara E Obrien Family Revocable Living

Purchase Details

Closed on
Jul 27, 2008
Sold by
Obrien Robert P
Bought by
Obrien Barbara L

Purchase Details

Closed on
Sep 22, 2006
Sold by
Demohan Elias
Bought by
Obrien Robert P

Purchase Details

Closed on
Dec 13, 2005
Sold by
Foundation Of Sound Color & Vibration
Bought by
Demohan Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$865,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2005
Sold by
Nevin Robert A and Nevin Dale Lynn
Bought by
Demohan Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,250
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2003
Sold by
Meek G C Rusty and Meek Jo Jean Pagano
Bought by
Nevin Robert A and Nevin Dale Lynn

Purchase Details

Closed on
Mar 18, 2003
Sold by
Meek George C and Meek Jo Jean P
Bought by
Meek G C Rusty and Meek Jo Jean Pagano
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
Millward Adrian $250,000 First American Title Ins Co
Obrien Barbara E -- None Available
Obrien Barbara L -- None Available
Obrien Robert P $500,000 Transnation Title Ins Co
Demohan Elias -- Ticor Title Agency Of Az Inc
Demohan Elias $365,000 Stewart Title & Trust Of Pho
Nevin Robert A $195,000 First American Title Ins Co
Meek G C Rusty -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demohan Elias $865,000
Previous Owner Demohan Elias $237,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $250,000 -15.3% --
06/25/2019 06/25/19 Price Changed $295,000 -9.0% --
02/18/2018 02/18/18 Price Changed $324,000 -8.5% --
06/15/2017 06/15/17 For Sale $354,000 -- --
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 $1,596 $60,676 -- --
2024 $1,512 $32,906 $32,906 --
2023 $1,512 $46,485 $46,485 $0
2022 $1,482 $34,845 $34,845 $0
2021 $1,617 $28,425 $28,425 $0
2020 $1,785 $30,375 $30,375 $0
2019 $1,756 $31,665 $31,665 $0
2018 $1,697 $34,425 $34,425 $0
2017 $1,642 $50,055 $50,055 $0
2016 $1,636 $37,440 $37,440 $0
2015 $1,642 $29,216 $29,216 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5620085

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-04-012D