NOT LISTED FOR SALE

Estimated Value: $720,000 - $1,099,000

3 Beds
2.5 Baths
2,760 Sq Ft
$345/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $640,000 $232 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,041/month

74 Days on Market

Highlights

  • Arena
  • Mountain View
  • Vaulted Ceiling
  • Lone Mountain Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Hydromassage or Jetted Bathtub

About This Home

As of January 2021

This Cave Creek Horse property was completely remodeled and 1044 square ft. addition added in 2004.
total of 2760 sq ft !!
Beautiful Entry with waterfalls and custom door opens to large great room with separate seating area by fireplace, large granite kitchen island and multiple slider doors leading to courtyard dining and entertaining area. Exterior has been freshly painted. The bedrooms are 3 steps up with a split floor plan with game room, den and laundry. Garage with workshop. Horse arena. Huge possibilities out back to customize this dream Arizona home!

Last Agent to Sell the Property

Jan Collins

Russ Lyon Sotheby's International Realty License #SA647783000 Listed on: 10/29/2020

Russ Lyon Sotheby's International Realty

Co-Listed By

L. Ruth Sewart

Russ Lyon Sotheby's International Realty License #SA546551000

Last Buyer's Agent

William Gragg

Real Broker License #BR112406000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,315

Year Built

  • Built in 1985

Lot Details

  • 1.14 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Chain Link Fence
  • Private Yard

Parking

  • 3 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,760 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Solar Screens
  • Living Room with Fireplace
  • 3 Fireplaces
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer Hookup

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Storage

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Arena

Utilities

  • Central Air
  • Heating Available
  • Propane
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 216-67-037-C

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,315

Year Built

Built in 1985

Lot Details

1.14 Acres

Parking

3

Listing Details

  • Cross Street: Scottsdale Road and E. Davis Road
  • Property Type: Residential
  • Ownership: Fee Simple
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2014
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2004
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2004
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2004
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2004
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2004
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2004
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2004
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1985
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.14
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: Metes and Bounds
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Tax Parcel Letter: C
  • General Property Description:PriceSqFt: 231.88
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Refrigerator, Microwave, Gas Oven, Gas Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Master Bedroom, Gas, Exterior Fireplace
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Tub with Jets, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Walk-in Pantry, Granite Counters, High Speed Internet, Vaulted Ceiling(s), 9+ Flat Ceilings
  • Living Area: 2760.0
  • Stories: 1
  • Window Features: Solar Screens, ENERGY STAR Qualified Windows, Dual Pane, Skylight(s)

Exterior Features

  • Fencing: Wrought Iron, Block, Chain Link
  • Exterior Features: Balcony, Storage, Private Yard
  • Lot Features: North/South Exposure, Street(s) Not Paved, Desert Front, Dirt Back, Gravel/Stone Front, Natural Desert Back
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Common Walls: Two Levels
  • Construction Type: Wood Frame, Painted, Stucco
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Access/Parking, RV Gated, Extended Length Garage, Detached, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0

Utilities

  • Utilities: Propane
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric
  • Laundry Features: Washer Hookup, Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:PAD Fee YN2: N

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Lone 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

  • Horse Amenities: Arena
  • Land Lease: No
  • Lot Size Sq Ft: 49484.0
  • Parcel #: 216-67-037-C

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1315.0
  • Tax Lot: none

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Jan 27, 2021
Sold by
Limbacher John W and Limbacher Kathrine M
Bought by
Megrew Mike and Megrew Lauren
Seller's Agent
Jan Collins
Russ Lyon Sotheby's International Realty
Buyer's Agent
William Gragg
Real Broker
List Price
$700,000
Sold Price
$640,000
Premium/Discount to List
-$60,000
-8.57%
Current Estimated Value
$958,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,104
Avg. Annual Appreciation
8.06%
Original Mortgage
$500,000
Outstanding Balance
$446,963
Interest Rate
2.67%
Mortgage Type
Commercial
Estimated Equity
$504,825

Purchase Details

Closed on
Oct 12, 2005
Sold by
Limbarcher John W
Bought by
Limbarcher John W and Limbarcher Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,600
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2005
Sold by
Limbacher Katherine M
Bought by
Limbacher John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,600
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2002
Sold by
Weisberg Mark and Weisberg Elana
Bought by
Limbacher John W and Limbacher Kathrine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.7%

Purchase Details

Closed on
Sep 10, 2001
Sold by
Steil Michael and Steil Beth
Bought by
Weisberg Mark and Weisberg Elana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 1997
Sold by
Steil David Michael
Bought by
Steil Michael and Anderson Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
7.16%

Purchase Details

Closed on
Jun 28, 1994
Sold by
Stine George W and Stine Lisa K
Bought by
Steil David Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
8.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Megrew Mike $640,000 Title Alliance Of Az Agcy Ll
Limbarcher John W -- Grand Canyon Title Agency In
Limbacher John W -- Grand Canyon Title Agency In
Limbacher John W -- Chicago Title Insurance Co
Weisberg Mark $245,000 Capital Title Agency Inc
Steil Michael -- Security Title Agency
Steil David Michael $138,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Megrew Mike $500,000
Previous Owner Limbacher John W $359,600
Previous Owner Limbacher John W $228,000
Previous Owner Weisberg Mark $245,000
Previous Owner Steil Michael $147,000
Previous Owner Steil David Michael $124,200
Closed Limbacher John W $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2021 01/27/21 Sold $640,000 -1.5% $232 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
12/14/2020 12/14/20 Price Changed $650,000 -3.7% $236 / Sq Ft
11/07/2020 11/07/20 Price Changed $675,000 -3.6% $245 / Sq Ft
10/23/2020 10/23/20 For Sale $700,000 -- $254 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,329 $34,569 -- --
2024 $1,251 $32,923 -- --
2023 $1,251 $57,010 $11,400 $45,610
2022 $1,188 $33,970 $6,790 $27,180
2021 $1,334 $32,470 $6,490 $25,980
2020 $1,315 $29,370 $5,870 $23,500
2019 $1,275 $28,810 $5,760 $23,050
2018 $1,227 $27,300 $5,460 $21,840
2017 $1,183 $26,550 $5,310 $21,240
2016 $1,177 $25,810 $5,160 $20,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6150883

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-67-037C

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