NOT LISTED FOR SALE

7108 E Highland Rd Cave Creek, AZ 85331

Estimated Value: $1,294,000 - $1,648,738

5 Beds
4.5 Baths
3,100 Sq Ft
$485/Sq Ft Est. Value

Last Sold May 13, 2014

Last sale price $605,000 $195 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $8,198/month

141 Days on Market

Highlights

  • Guest House
  • Horses Allowed On Property
  • 2.31 Acre Lot
  • Black Mountain Elementary School Rated A-
  • Heated Spa
  • Mountain View

About This Home

As of May 2014

With a 3100sf adobe-style main house and TWO 625sf guest casitas (1 attached), you can have everyone together and still enjoy privacy. The “compound” was inspired by Pueblo cultures, where each home faces a common courtyard, saving on energy and maximizing privacy. The main home is pure Cave Creek: stained concrete floors, vegas, bold desert hues, whimsical design accents & lots of wall space for your art. The kitchen has a folksy appeal, enhanced by new stainless-steel appliances and cabinet faces. Plenty of room to design your own horse facilities. All this plus a 4-car garage, massive pantry, room to park your toys, great curb appeal, and mountain views in every direction.

Last Agent to Sell the Property

David Crozier

Russ Lyon Sotheby's International Realty License #SA557048000 Listed on: 10/10/2013

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Dennis Harman

Russ Lyon Sotheby's International Realty License #BR515882000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,324

Year Built

  • Built in 1998

Lot Details

  • 2.31 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Wire Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

Parking

  • 4 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Reflective Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 3,100 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Concrete Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace
  • Outdoor Storage

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Water Filtration System
  • Water Softener
  • High Speed Internet

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 216-14-002-E

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,324

Year Built

Built in 1998

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Cave Creek Rd & Schoolhouse Rd
  • 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
  • Cooling HVAC SEER Rating: 13
  • Bathrooms Year Updated: 2006
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2012
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2013
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2012
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1998
  • Spa Private: Yes
  • Tax Year: 2012
  • Directions: North on Schoolhouse 1.1M. Right on Highland. Home on left.
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 2.31
  • Subdivision Name: NONE
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: E
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Concrete
  • Basement YN: No
  • Spa Features: Above Ground, Heated, Private
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, No Interior Steps, Soft Water Loop, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3100.0
  • Stories: 1
  • Window Features: Sunscreen(s), Dual Pane, Low-E, Tinted Windows
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Fireplace:Fireplace Master Bdr: Yes

Exterior Features

  • Fencing: See Remarks, Other, Block, Wire
  • Exterior Features: Covered Patio(s), Private Yard, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Dirt Back, Natural Desert Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Other Structures: Guest House
  • Roof: Reflective Coating, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, Side Vehicle Entry, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 6.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Over Height Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: 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

  • Horse Amenities: Bridle Path Access
  • Land Lease: No
  • Lot Size Sq Ft: 100536.0
  • Parcel #: 216-14-002-E
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 2324.0
  • Tax Book Number: 216.00
  • Tax Lot: n/a
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2013
Sold by
Ballard Mark
Bought by
Malley Matthew J and Malley Yvonne S
Total Days on Market
141
Current Estimated Value
$1,503,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,895
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2004
Sold by
Ballard Louise
Bought by
Ballard Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,200
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2004
Sold by
Anderson James G and Christopher Trust
Bought by
Ballard Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,200
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 1997
Sold by
Vancel Albert E and Schulz Patricia L
Bought by
Anderson James G
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
Malley Matthew J $605,000 Equity Title Agency
Ballard Mark -- Security Title Agency Inc
Ballard Mark $629,000 Security Title Agency Inc
Anderson James G $95,000 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malley Matthew J $800,000
Closed Malley Matthew J $135,000
Closed Malley Matthew J $534,000
Previous Owner Malley Matthew J $543,895
Previous Owner Ballard Mark A $100,000
Previous Owner Ballard Mark $475,000
Previous Owner Ballard Mark $503,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2014 05/13/14 Sold $605,000 -4.9% $195 / Sq Ft
03/03/2014 03/03/14 For Sale $636,500 0.0% $205 / Sq Ft
02/28/2014 02/28/14 Pending -- -- --
02/04/2014 02/04/14 Price Changed $636,500 -4.8% $205 / Sq Ft
01/24/2014 01/24/14 Price Changed $668,500 -3.8% $216 / Sq Ft
01/09/2014 01/09/14 Price Changed $695,000 -6.0% $224 / Sq Ft
10/10/2013 10/10/13 For Sale $739,000 -- $238 / 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 $2,615 $69,157 -- --
2024 $2,503 $65,864 -- --
2023 $2,503 $114,050 $22,810 $91,240
2022 $2,783 $67,820 $13,560 $54,260
2021 $3,144 $68,670 $13,730 $54,940
2020 $3,099 $61,900 $12,380 $49,520
2019 $3,143 $61,660 $12,330 $49,330
2018 $3,094 $60,050 $12,010 $48,040
2017 $3,068 $59,020 $11,800 $47,220
2016 $3,051 $64,750 $12,950 $51,800
2015 $2,887 $57,020 $11,400 $45,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5012800

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-14-002E