NOT LISTED FOR SALE

7050 E Horizon Dr Cave Creek, AZ 85331

Estimated Value: $1,127,809 - $1,206,000

4 Beds
3 Baths
2,585 Sq Ft
$453/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $655,000 $253 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,416/month

About This Home

As of October 2019

With AWARD-WINNING MOUNTAIN VIEWS, and exceptional privacy, this authentic, southwest-style home is loaded with pure Cave Creek character and comfort. From the secluded walk-way and intimate front courtyard, to the 12ft ceilings enhanced by massive spruce beams, this special home is true to our western heritage. Throughout, you'll note solid knotty alder doors and cabinetry, dramatic vigas, and two beehive kivas. The property also features a huge 1100 sf garage with 220V outlet, speakers, and built-in cabinets. At sunset, you will especially love the ridge-top setting, which offers awe-inspiring views of Black Mountain, Elephant Butte, and the dark starlit skies of Cave Creek.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2019
Closed on
Sep 23, 2019
Sold by
Hay Richard H and Hay Kim M
Bought by
Ott Louis W and Ott Christine G
Seller's Agent
Linda Robertson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Sherri Breece
Success Property Brokers
List Price
$665,000
Sold Price
$655,000
Premium/Discount to List
-$10,000
-1.5%
Current Estimated Value
$1,170,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$515,452
Avg. Annual Appreciation
10.26%
Original Mortgage
$105,084
Outstanding Balance
$93,440
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,075,431

Purchase Details

Closed on
May 24, 2012
Sold by
Hay Richard H and Hay Kim M
Bought by
Hay Richard H and Hay Kim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2010
Sold by
Hay Richard H and Hay Kim M
Bought by
Hay Richard H and Hay Kim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2010
Sold by
Hay Richard H and Hay Kim M
Bought by
Hay Richard H and Hay Kim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2007
Sold by
Hay Rick H and Hay Kim M
Bought by
Hay Richard H and Hay Kim M

Purchase Details

Closed on
May 19, 2000
Sold by
Cavalier Black Mountain Shadows Llc
Bought by
Hay Rick H and Hay Kim M
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Ott Louis W $655,000 First American Title Ins Co
Hay Richard H -- Accommodation
Hay Richard H -- Grand Canyon Title Agency In
Hay Richard H -- American Title Service Agenc
Hay Richard H -- American Title Service Agenc
Hay Richard H -- American Title Service Agenc
Hay Richard H -- American Title Service Agenc
Hay Richard H -- None Available
Hay Rick H $115,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ott Louis W $484,350
Previous Owner Hay Richard H $150,000
Previous Owner Hay Richard H $184,000
Previous Owner Hay Richard H $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $655,000 -1.5% $253 / Sq Ft
08/16/2019 08/16/19 For Sale $665,000 -- $257 / Sq Ft

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 $2,522 $66,695 -- --
2024 $2,414 $63,519 -- --
2023 $2,414 $72,880 $14,570 $58,310
2022 $2,364 $58,250 $11,650 $46,600
2021 $2,654 $54,870 $10,970 $43,900
2020 $2,642 $52,780 $10,550 $42,230
2019 $2,563 $52,580 $10,510 $42,070
2018 $2,467 $47,900 $9,580 $38,320
2017 $2,378 $45,610 $9,120 $36,490
2016 $2,379 $43,700 $8,740 $34,960
2015 $2,298 $45,950 $9,190 $36,760
Source: Public Records

Agents Affiliated with this Home

  • Linda Robertson

    Seller's Agent in 2019

    Linda Robertson

    Russ Lyon Sotheby's International Realty

    (480) 322-6423

    9 in this area

    27 Total Sales

    Linda Robertson
    Section Image
  • Sherri Breece

    Buyer's Agent in 2019

    Sherri Breece

    Success Property Brokers

    (623) 297-0166

    38 Total Sales

    Sherri Breece
    Section Image
See All Agents

Map

Arizona Maricopa County Cave Creek 85331

7050 E Horizon Dr, Cave Creek, AZ

This home is located at 7050 E Horizon Dr, Cave Creek, AZ 85331 and is currently estimated at $1,170,452, approximately $452 per square foot. 7050 E Horizon Dr 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.

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