NOT LISTED FOR SALE

7045 E Arroyo Rd Cave Creek, AZ 85331

Estimated Value: $1,020,219 - $1,176,000

4 Beds
3 Baths
3,847 Sq Ft
$286/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $770,000 $200 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,374/month

76 Days on Market

Highlights

  • Guest House
  • Horses Allowed On Property
  • Spa
  • Black Mountain Elementary School Rated A-
  • Tennis Courts
  • 5 Acre Lot

About This Home

As of February 2021

Situated on 5 acres and surrounded by mountain views on all side, sits this beautiful 4 bedroom 3 bathroom home. Some highlights include vaulted ceilings, exposed beams and a full wall fireplace perfect for entertaining with it's breathtaking views. Mater suite features a sitting area with fireplace and a master closet that connects to a multi purpose room that could be another closet or a nursery. All the bedrooms are oversized. The property has a 1 bedroom guest house, versatile workshop that could be used for storage, studio, or additional living quarters. Tennis court and orchard are other highlights of the grounds. Plenty of room for additional buildings or left to the natural desert beauty.

Last Agent to Sell the Property

Phillip Shaver

HomeSmart License #SA568506000 Listed on: 11/09/2020

HomeSmart

Co-Listed By

Kevin Belzer

HomeSmart License #SA627957000

Last Buyer's Agent

Kodi Riddle

eXp Realty License #BR514965000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,576

Year Built

  • Built in 1978

Lot Details

  • 5 Acre Lot
  • Desert faces the front and back of the property

Parking

  • 8 Open Parking Spaces

Home Design

  • Spray Foam Insulation
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 3,847 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Two Way Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Outdoor Features

  • Spa
  • Tennis Courts
  • Patio
  • Fire Pit
  • Outdoor Storage

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High-Efficiency Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • Guest House
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Cave Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 216-13-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,576

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Cross Street: Cave Creek and Schoolhouse
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2015
  • Items Updated Ht Cool Yr Updated: 2011
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2011
  • Parking Spaces Slab Parking Spaces: 8.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1978
  • Spa Private: Yes
  • Tax Year: 2020
  • Directions: North on Schoolhouse; Right on Highland; Right on 71st; at the Y, go to the right to paved driveway and follow it up to the home.
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 5.0
  • Co List Office Mls Id: xpre07
  • Co List Office Phone: 888-897-7821
  • Subdivision Name: Cave Creek
  • Architectural Style: Ranch
  • Efficiency: Water Heater
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile, Wood
  • Basement YN: No
  • Possible Use: Ranch/Farm
  • Spa Features: Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Two Way Fireplace, Fire Pit, Family Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 3847.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Firepit: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:Separate Workshop: Yes
  • Fireplace:Two Way Fireplace: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Patio, Storage, Tennis Court(s)
  • Lot Features: Desert Back, Desert Front, Natural Desert Back, Gravel/Stone Front, Natural Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block, Spray Foam Insulation
  • Other Structures: Guest House
  • Roof: Foam
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes
  • Construction:Spray Foam Insulatn: Yes
  • Exterior Features:Tennis Court(s): Yes

Garage/Parking

  • Parking Features: RV Access/Parking
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well - Pvtly Owned
  • 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 Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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: 217800.0
  • Parcel #: 216-13-014
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 2576.0
  • Tax Book Number: 216.00
  • Tax Lot: 0
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2022
Sold by
Joel R Button Revocable Trust
Bought by
Joel R Button Revocable Trust
Total Days on Market
76
Current Estimated Value
$1,101,073

Purchase Details

Listed on
Nov 9, 2020
Closed on
Feb 22, 2021
Sold by
Mcgahey Randall L
Bought by
Joel R Button Revocable Trust and Button
Seller's Agent
Phillip Shaver
HomeSmart
Buyer's Agent
Kodi Riddle
eXp Realty
List Price
$825,000
Sold Price
$770,000
Premium/Discount to List
-$55,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%

Purchase Details

Listed on
Apr 1, 2017
Closed on
May 22, 2017
Sold by
Nelson Jerry Alan and Nelson Julie Adena
Bought by
Mcgahey Randall Lee
Seller's Agent
Julie Antunes
Russ Lyon Sotheby's International Realty
Buyer's Agent
Aimee Lunt
Real Broker
List Price
$549,000
Sold Price
$545,000
Premium/Discount to List
-$4,000
-0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%

Purchase Details

Closed on
Jan 10, 2012
Sold by
Nelson Jery Alan and Nelson Julie Adena
Bought by
Nelson Jerry Alan and Nelson Julie Adena

Purchase Details

Closed on
Sep 29, 2010
Sold by
Nelson Jerry Alan and Nelson Julie Adena
Bought by
Nelson Jerry Alan and Nelson Julie Adena
Source: Public Records

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Range of Values:

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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
Joel R Button Revocable Trust -- --
Joel R Button Revocable Trust $770,000 Security Title
Mcgahey Randall Lee $545,000 Security Title Agency Inc
Nelson Jerry Alan -- None Available
Nelson Jerry Alan -- None Available
Nelson Jerry Alan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Jerry Alan $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $770,000 -6.7% $200 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
11/20/2020 11/20/20 For Sale $825,000 0.0% $214 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $825,000 +51.4% $214 / Sq Ft
06/07/2017 06/07/17 Sold $545,000 -0.7% $142 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $549,000 -- $143 / 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
2023 $2,323 $67,140 $8,750 $58,390
2022 $2,323 $56,600 $7,380 $49,220
2021 $2,613 $56,920 $7,420 $49,500
2020 $2,576 $51,450 $6,710 $44,740
2019 $2,612 $51,250 $6,680 $44,570
2018 $2,524 $50,600 $6,600 $44,000
2017 $2,433 $49,730 $6,480 $43,250
2016 $2,419 $54,210 $7,070 $47,140
2015 $2,289 $46,110 $6,010 $40,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6158125

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-13-014