NOT LISTED FOR SALE

6047 E Cave Creek Rd Cave Creek, AZ 85331

Estimated Value: $698,392

-- Bed
-- Bath
1,142 Sq Ft
$612/Sq Ft Est. Value

Last Sold June 21, 2013

Last sale price $285,000 $250 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $3,940/month

38 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heat Pump System
  • Black Mountain Elementary School Rated A-

About This Home

As of June 2013

Charming Early Cave Creek Commercial Building in the heart of the Arts District of Town where you can actually live and conduct business! Presently an Art Studio/Gallery. Many Possibilities. Beautiful Free Standing Building, in Excellent Condition W/Cozy Apartment w/King Size Bed, Kitchen, Washer/Dryer, Shower/Bath, Large Closet. Main Room w/Fireplace, + 2 Other Rooms. 2 Tuff Sheds, & approx. 10 Pkg Spaces.Even a Safe for valuables! SW Gas is Available, Sewer Hookup Avail. Updated Plumbing, AC/Htg, Electric, Roof and Ducting in 2008 & 2009. French Doors to Private Back Patio.
Restrictions Subject to Zoning. Greatest Location.

Last Agent to Sell the Property

Katy Curtis

Coldwell Banker Realty License #SA024786000 Listed on: 04/18/2013

Coldwell Banker Realty

Last Buyer's Agent

Anna Parascando

Ridgecrest Realty License #SA643308000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,036

Year Built

  • Built in 1945

Lot Details

  • 8,189 Sq Ft Lot
  • Property is zoned C-T

Home Design

  • 1,142 Sq Ft Home
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Flooring

  • Wood
  • Concrete

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 211-08-062

Community Details

Overview

  • Building Dimensions are IRR
  • Hidden Valley Subdivision

Building Details

  • Operating Expense $2,036

Property Details

Property Type

Other

Est. Annual Taxes

$2,036

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Cross Street: Cave Creek Rd & Hidden Valley Dr
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: C-T
  • Current Use: Mixed Use, Retail, Office
  • Number Of Buildings: 1
  • Year Built: 1945
  • Tax Year: 2012
  • Directions: Cave Creek Rd N. of Carefree Hwy around and into Cave Creek. Property on South Side one property before Hidden Valley Dr. Building West of ''Twigs''. Elaine's Art Studio
  • Lot Size Acres: 0.19
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: Hidden Valley
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood, Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood, Stucco
  • Roof: Foam
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • 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:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: Individual Meter, APS
  • Cooling: Heat Pump, Central A/C
  • Heating: Heat Pump, Electric
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 8189.0
  • Additional Parcels: No
  • Parcel #: 211-08-062
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 2036.0

Tax Info

  • Tax Annual Amount: 2036.0
  • Tax Book Number: 211.00
  • Tax Lot: A
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2013
Closed on
Jun 5, 2013
Sold by
Simon Joseph Bruce and Elliott Simon Elaine
Bought by
Grace Capital Investment Corporation
Seller's Agent
Katy Curtis
Coldwell Banker Realty
Buyer's Agent
Anna Parascando
Ridgecrest Realty
List Price
$399,000
Sold Price
$285,000
Premium/Discount to List
-$114,000
-28.57%
Current Estimated Value
$698,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,392
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Oct 17, 2011
Sold by
Meulenbeek Martin Gerard
Bought by
Simon Jose Bruce and Elliott Simon Elaine

Purchase Details

Closed on
Aug 24, 2011
Sold by
Muelenbeek Martin Gerard and Muelenbeek Michelle Jozanna
Bought by
Simon Joseph Bruce and Elliot Simon Elaine

Purchase Details

Closed on
Jul 21, 2008
Sold by
Meulenbeek Martin G and Meulenbeek Michelle J
Bought by
Meulenbeek Martin G and Meulenbeek Michelle J

Purchase Details

Closed on
Jan 29, 2008
Sold by
Simon Bruce and Elliott Simon Elaine
Bought by
Meulenbeek Martin Gerard and Meulenbeek Michelle Jozanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
5.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 4, 1994
Sold by
Smith Elba D
Bought by
Simon Bruce and Elliott Simon Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.7%
Mortgage Type
Seller Take Back
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
Grace Capital Investment Corporation $285,000 Commonwealth Land Title Ins
Simon Jose Bruce -- None Available
Simon Joseph Bruce -- None Available
Meulenbeek Martin G -- None Available
Meulenbeek Martin Gerard $500,000 Grand Cyn Title Agency Inc
Simon Bruce $115,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meulenbeek Martin Gerard $425,000
Previous Owner Simon Bruce $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2013 06/21/13 Sold $285,000 -28.6% $250 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
04/13/2013 04/13/13 For Sale $399,000 -- $349 / 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 $1,398 $29,339 -- --
2024 $1,365 $28,815 -- --
2023 $1,365 $38,199 $26,129 $12,070
2022 $1,377 $32,970 $21,910 $11,060
2021 $1,545 $34,200 $22,536 $11,664
2020 $1,520 $27,414 $15,624 $11,790
2019 $1,476 $26,406 $14,886 $11,520
2018 $1,427 $26,838 $14,706 $12,132
2017 $1,381 $25,938 $14,706 $11,232
2016 $1,376 $21,276 $13,626 $7,650
2015 $1,913 $30,766 $23,884 $6,882
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4922780

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-08-062