$2,600
SOLD OCT 20, 2024

6130 E Cave Creek Rd Unit 5 Cave Creek, AZ 85331

-- Bed
-- Bath
7,364 Sq Ft
1.23 Acres

Recently Sold

$0 Per Sq Ft

2% Below List Price

188 Days on Market

Highlights

  • 1.23 Acre Lot
  • Central Air
  • Heating System Uses Natural Gas
  • Black Mountain Elementary School Rated A-
  • Concrete Flooring

About This Home

As of October 2024

Spaces available in free standing center at a premium location in the heart of Cave Creek Business District. Established. Great outdoor space. Good exposure for new business. Many parking spaces. NNN lease.

Last Agent to Sell the Property

Doreen Reiske

Realty Executives License #BR632013000 Listed on: 04/14/2024

Realty Executives

Last Buyer's Agent

Bryan Hepler

Keller Williams Arizona Realty License #SA524778000

Keller Williams Arizona Realty

Property Details

Property Type

  • Other

Year Built

  • Built in 1973

Lot Details

  • 1.23 Acre Lot
  • Property is zoned Commercial

Home Design

  • Built-Up Roof
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 7,364 Sq Ft Home
  • Concrete Flooring

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System

Community Details

  • 2 Buildings
  • Las Tiendas Subdivision

Listing and Financial Details

  • Property Available on 4/13/24
  • Tenant pays for trash collection, electricity, gas, water, sewer, contents insurance, liability insurance, common area maintenance
  • The owner pays for management fees, property taxes, bldg liability ins, fire insurance-bldg
  • Assessor Parcel Number 211-08-050-C

Property Details

Property Type

Other

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Cave Creek Rd & N Basin Rd
  • Property Type: Comm/Industry Lease
  • Zoning: Commercial
  • Number Of Buildings: 2
  • Lease Info Annual C A M Sq Ft: 3.2
  • Lease Info Annual Lease Price: 31800.0
  • Lease Info Annual Lse Prc P S F: 33.34
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 954
  • Year Built: 1973
  • Tax Year: 2024
  • Lot Size Acres: 1.23
  • Subdivision Name: Las Tiendas
  • Structure Type: Other (See Remarks), Commercial
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 7364.0

Exterior Features

  • Disclosures: None
  • Construction Type: Block
  • Roof: Built-Up, Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump, Central A/C
  • Heating: Heat Pump, Electric, Natural Gas
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 53638.0
  • Additional Parcels: No
  • Parcel #: 211-08-050-C
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2024-04-13

Multi Family

  • Owner Pays: Management Fees, Property Taxes, Bldg Liability Ins, Fire Insurance-Bldg
  • Tenant Pays: Trash Collection, Electricity, Gas, Water, Sewer, Contents Insurance, Liability Insurance, Common Area Maintenance
  • Existing Lease Type: NNN
  • Leasable Area: 954.0

Tax Info

  • Tax Annual Amount: 3233.0
  • Tax Book Number: 211.00
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2022
Sold by
Joslyn Properties Llc
Bought by
6130 Cave Creek Market Llc
Total Days on Market
188

Purchase Details

Closed on
Mar 8, 2018
Sold by
Joslyn Properties Llc
Bought by
Joslyn Properties Llc

Purchase Details

Closed on
May 10, 2007
Sold by
Lorenz Robert C and Lorenz Kim A
Bought by
Joslyn Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2004
Sold by
Lorenz Robert C
Bought by
Town Of Cave Creek

Purchase Details

Closed on
Apr 2, 2003
Sold by
Sands Clover H and Sands Clover
Bought by
Desert Pacific Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.54%
Mortgage Type
Commercial
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
Special Warranty Deed $1,840,000 First American Title
Quit Claim Deed -- None Available
Warranty Deed $1,950,000 Camelback Title Agency Llc
Gift Deed -- --
Special Warranty Deed $775,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,750,000 Commercial
Previous Owner $400,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2024 10/20/24 Sold $2,600 -1.9% $0 / Sq Ft
04/14/2024 04/14/24 For Sale $2,650 -- $0 / 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 $3,312 $69,508 -- --
2024 $3,233 $68,267 -- --
2023 $3,233 $108,511 $47,090 $61,421
2022 $3,262 $100,695 $42,210 $58,485
2021 $3,660 $104,364 $43,416 $60,948
2020 $3,600 $95,292 $31,986 $63,306
2019 $3,498 $92,106 $30,456 $61,650
2018 $3,380 $90,054 $29,034 $61,020
2017 $3,271 $95,292 $29,034 $66,258
2016 $3,259 $64,602 $26,784 $37,818
2015 $3,151 $53,799 $20,813 $32,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6691507

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-08-050C