NOT LISTED FOR SALE

7040 E Lone Mountain Rd N Cave Creek, AZ 85331

Estimated Value: $1,936,000 - $2,515,000

4 Beds
4.5 Baths
5,071 Sq Ft
$444/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $2,150,000 $424 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $12,343/month

7 Days on Market

Highlights

  • Boarding Facilities
  • Horses Allowed On Property
  • RV Access or Parking
  • Black Mountain Elementary School Rated A-
  • Private Pool
  • Solar Power System

About This Home

As of May 2022

Incredible home on 4.783 acres with panoramic views! You will love the charm in this palatial home. Soaring wood beamed ceilings! There are 5 Tesla power walls and 96 solar panels. A healthy 2 car, extended length garage with is attached along with a detached two car garage, with garage doors on both sides and area for working on both sides of the garage plus an additional 1/2 bath besides the 4.5 baths in the main house.. A porta cochere makes a great area for covered parking plus a large area of slab parking. Pool and spa, Large covered patios on both the front and back of the house adds extra living space. Great floor plan with a master split with one bedroom (or office) on one side and 2 ensuites with a teen room on the other. Fabulous spacious rooms! Almost 5 acres. Bring your horses! The trails are near! It was constructed with insulated Integra Block. The walls are R 29 with 6 inches of blown in cellulose for an R rating of 49 and the ceiling is doubly insulated to R 60.

Last Agent to Sell the Property

Janet Mohr

Realty Executives Arizona Territory License #BR008015000 Listed on: 04/11/2022

Realty Executives Arizona Territory

Last Buyer's Agent

Denise Carlson

HomeSmart License #SA662122000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,957

Year Built

  • Built in 2004

Lot Details

  • 4.78 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence

Parking

  • 4 Car Direct Access Garage
  • 4 Open Parking Spaces
  • 2 Carport Spaces
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Gated Parking
  • RV Access or Parking

Home Design

  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,071 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Concrete Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Boarding Facilities
  • Covered Patio or Porch

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Propane

Additional Features

  • No Interior Steps
  • Solar Power System
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 216-14-001-T

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • M&B Subdivision

Recreation

  • Horse Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,957

Year Built

Built in 2004

Lot Details

0

Parking

4

Listing Details

  • Cross Street: School House and Cave Creek Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 6.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Spa Private: Yes
  • Tax Year: 2021
  • Directions: Cave Creek Rd north on School House to Fleming Springs. East to Lone Mountain North to
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 4.78
  • Subdivision Name: M&B
  • Architectural Style: Ranch
  • Efficiency: Solar Panels, Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: T
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Concrete
  • Basement YN: No
  • Spa Features: Private
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 5071.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Media Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Desert Back, Desert Front
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Metal
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: RV Access/Parking, Gated, RV Gate, Garage Door Opener, Extended Length Garage, Direct Access, Over Height Garage, Rear Vehicle Entry, Separate Strge Area, Side Vehicle Entry, Temp Controlled
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Garage Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Rear Vehicle Entry: Yes
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Utilities: Propane
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • 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

  • Horse Amenities: Bridle Path Access, Boarding Facilities
  • Land Lease: No
  • Lot Size Sq Ft: 208347.0
  • Parcel #: 216-14-001-T

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 4957.0
  • Tax Book Number: 216.00
  • Tax Lot: 0
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2023
Sold by
Williams John Arthur
Bought by
John Williams Living Trust and Williams
Current Estimated Value
$2,254,058

Purchase Details

Listed on
Apr 11, 2022
Closed on
May 3, 2022
Sold by
Marsh William M
Bought by
Williams John Arthur
Seller's Agent
Janet Mohr
Realty Executives Arizona Territory
Buyer's Agent
Denise Carlson
HomeSmart
List Price
$2,150,000
Sold Price
$2,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.46%
Original Mortgage
$2,150,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2022
Closed on
Apr 25, 2022
Sold by
William And Carol Marsh Family Trust
Bought by
Marsh William M and Marsh Carol L
Seller's Agent
Janet Mohr
Realty Executives Arizona Territory
Buyer's Agent
Denise Carlson
HomeSmart
List Price
$2,150,000
Sold Price
$2,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,150,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2015
Sold by
Marsh William M and Marsh Carol L
Bought by
Marsh William M and Marsh Carol L
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
John Williams Living Trust -- None Listed On Document
Williams John Arthur $2,150,000 Magnus Title
Marsh William M -- Magnus Title
Marsh William M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams John Arthur $2,150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $2,150,000 0.0% $424 / Sq Ft
04/11/2022 04/11/22 For Sale $2,150,000 -- $424 / 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 $4,703 $120,532 -- --
2024 $4,506 $114,792 -- --
2023 $4,506 $136,030 $27,200 $108,830
2022 $4,445 $104,120 $20,820 $83,300
2021 $4,957 $105,880 $21,170 $84,710
2020 $4,961 $96,120 $19,220 $76,900
2019 $5,017 $95,760 $19,150 $76,610
2018 $4,948 $93,520 $18,700 $74,820
2017 $4,821 $92,580 $18,510 $74,070
2016 $4,850 $100,520 $20,100 $80,420
2015 $4,512 $88,750 $17,750 $71,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6382028

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-14-001T