NOT LISTED FOR SALE

7018 E Arroyo Rd Cave Creek, AZ 85331

Estimated Value: $721,000 - $970,000

2 Beds
3 Baths
1,465 Sq Ft
$563/Sq Ft Est. Value

Last Sold May 20, 2023

Last sale price $740,000 $505 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,461/month

167 Days on Market

Highlights

  • Guest House
  • Horses Allowed On Property
  • Mountain View
  • Black Mountain Elementary School Rated A-
  • 2.84 Acre Lot
  • Contemporary Architecture

About This Home

As of May 2023

This unique Frank Lloyd Wright-inspired home and casita sit on over 2.84 acres backing to a massive wash for the ultimate privacy with views. Main house is 1 bedroom +office w/2full baths and features large great room, statement windows to bring the outdoors in, flagstone floors, beamed ceilings, exposed brick, & copper/metal roof elements. Detached casita is an artist's studio w/1bath & beamed ceilings, top to bottom glass, radius walls, & tremendous views. This well designed diminutive masterpiece is perched upon a Mountain View lot by design & function to provide natural light &air flow yr round! Large outdoor space w/direct access to wash for horse riding & 5 minutes to downtown Cave Creek for shopping & dining. Wash entrance improved w/railroad ties & Gabion rock wall for easy access.

Last Agent to Sell the Property

Jenna Mateo

RE/MAX Fine Properties License #SA691949000 Listed on: 11/06/2022

Co-Listed By

Mary Ann Petratis

RE/MAX Fine Properties License #SA635388000

Last Buyer's Agent

Ryan Hoover

West USA Realty License #BR650471000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,223

Year Built

  • Built in 1985

Lot Details

  • 2.84 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Foam Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 1,465 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Stone Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Parking

  • 2 Open Parking Spaces
  • Circular Driveway

Outdoor Features

  • Outdoor Fireplace
  • Fire Pit

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Water Filtration System
  • Septic Tank

Additional Features

  • No Interior Steps
  • Guest House
  • Horses Allowed On Property

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 216-13-016-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,223

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: 71st St & Arroyo Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1985
  • Tax Year: 2022
  • Directions: North on School House to Ridgecrest, east to Echo Canyon, turn south on Echo Canyon and go through wash to Arroyo. East on Arroyo to property on north side.
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 2.84
  • Co List Office Mls Id: rmfp03
  • Co List Office Phone: 480-792-9500
  • Subdivision Name: Metes and Bounds
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone
  • Basement YN: No
  • Possible Use: Ranch/Farm
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Exterior Fireplace, Fire Pit
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Drink Wtr Filter Sys, No Interior Steps, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 1465.0
  • Stories: 1
  • ResoLivingAreaSource: Owner
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Firepit: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None, See Remarks
  • Exterior Features: Circular Drive, Private Street(s)
  • Lot Features: Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: See Remarks, Painted, Stucco, Stone
  • Other Structures: Guest House
  • Roof: Foam, Metal
  • Construction:Other (See Remarks)23: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Black 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

  • Land Lease: No
  • Lot Size Sq Ft: 123757.0
  • Parcel #: 216-13-016-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1223.0
  • Tax Book Number: 216.00
  • Tax Lot: N/A
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2022
Closed on
May 19, 2023
Sold by
Waldman Renee
Bought by
Berlin Brian and Berlin Misty
Seller's Agent
Jenna Mateo
RE/MAX Fine Properties
Buyer's Agent
Ryan Hoover
West USA Realty
List Price
$850,000
Sold Price
$740,000
Premium/Discount to List
-$110,000
-12.94%
Views
395
Current Estimated Value
$824,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,418
Avg. Annual Appreciation
4.22%
Original Mortgage
$617,900
Outstanding Balance
$604,346
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$211,427

Purchase Details

Closed on
Jul 18, 2007
Sold by
Halfman Marsha
Bought by
Waldman Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,271
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2006
Sold by
Halfman Marsha
Bought by
Halfman Marsha
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 Buyer Sale Price Title Company
Berlin Brian $740,000 Wfg National Title Insurance C
Waldman Renee $185,000 First American Title Ins Co
Halfman Marsha -- None Available
Waldman Renee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berlin Brian $617,900
Previous Owner Waldman Renee $27,271
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2023 05/20/23 Sold $740,000 -7.4% $505 / Sq Ft
03/16/2023 03/16/23 Price Changed $799,000 -6.0% $545 / Sq Ft
11/05/2022 11/05/22 For Sale $850,000 -- $580 / 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 $1,078 $28,503 -- --
2024 $1,248 $27,146 -- --
2023 $1,248 $33,370 $6,670 $26,700
2022 $1,223 $28,560 $5,710 $22,850
2021 $1,334 $28,230 $5,640 $22,590
2020 $1,118 $25,250 $5,050 $20,200
2019 $1,084 $25,160 $5,030 $20,130
2018 $1,044 $23,560 $4,710 $18,850
2017 $1,006 $22,660 $4,530 $18,130
2016 $1,000 $24,120 $4,820 $19,300
2015 $947 $19,810 $3,960 $15,850
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jenna Mateo

    RE/MAX

  • Mary Ann Petratis

    Seller Co-Listing Agent in 2023

    Mary Ann Petratis

    RE/MAX

    (480) 392-8363

    3 in this area

    72 Total Sales

    Mary Ann Petratis
    Section Image
  • Ryan Hoover

    Buyer's Agent in 2023

    Ryan Hoover

    West USA Realty

    (602) 820-3674

    1 in this area

    67 Total Sales

    Ryan Hoover
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6486231

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-13-016A

Arizona Maricopa County Cave Creek 85331

7018 E Arroyo Rd, Cave Creek, AZ

This home is located at 7018 E Arroyo Rd, Cave Creek, AZ 85331 since 06 November 2022 and is currently estimated at $824,418, approximately $562 per square foot. This property was built in 1985. 7018 E Arroyo Rd is a home located in Maricopa County with nearby schools including Black Mountain Elementary School, Cactus Shadows High School, and Sonoran Trails Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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