L
Seller's Agent in 2019
Lukas Magnusson
HomeSmart
7227 E Highland Rd Cave Creek, AZ 85331
Estimated Value: $1,555,000 - $2,032,000
6
Beds
4.5
Baths
3,960
Sq Ft
$460/Sq Ft
Est. Value
Highlights
- Guest House
- Horses Allowed On Property
- 2.22 Acre Lot
- Black Mountain Elementary School Rated A-
- Lap Pool
- Mountain View
About This Home
As of July 2019Great value in the mountains of Cave Creek. Enter this property through remote controlled gated drive and fully fenced perimeter securing the 2.2 acre lot with 360 degrees of Cave Creek's finest views... Elephant Butte, Mexican Hat, & Black Mtn. Main house offers 9' ceilings, 1st floor office, 4 car oversized garage, brand new french doors & exterior hardware, beautifully appointed kitchen complete with granite countertops & rich maple cabinets. The upper level includes 4 bedrooms; Master suite is spacious with jetted tub and French doors out to oversized deck with stunning mountain views & majestic sunsets. Guest house has 2 bedrooms, common area, full kitchen, new carpet & paint, 1 car garage, W/D hookup ~ truly a stand-alone house! The exterior has an XL diving/lap pool and plenty of room for horse facilities. Brand new roof underlayment & tiles. This one is a must see!
Last Agent to Sell the Property
Lukas Magnusson
HomeSmart License #SA528975000 Listed on: 04/05/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,254
Year Built
- Built in 1995
Lot Details
- 2.22 Acre Lot
- Desert faces the front and back of the property
- Wrought Iron Fence
- Block Wall Fence
- Sprinklers on Timer
- Private Yard
- Grass Covered Lot
Parking
- 10 Open Parking Spaces
- 5 Car Garage
Home Design
- Wood Frame Construction
- Tile Roof
- Concrete Roof
- Stucco
Interior Spaces
- 3,960 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet or more
- 1 Fireplace
- Double Pane Windows
- Mountain Views
- Security System Owned
- Kitchen Island
- Laundry in unit
Flooring
- Carpet
- Stone
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bathroom is a Full Bathroom
- 4.5 Bathrooms
- Double Vanity
- Hydromassage or Jetted Bathtub
- Bathtub With Separate Shower Stall
Pool
- Lap Pool
- Fence Around Pool
- Diving Board
Outdoor Features
- Balcony
- Covered Patio or Porch
- Fire Pit
- Playground
Schools
- Black Mountain Elementary School
- Sonoran Trails Middle School
- Cactus Shadows High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Propane
- High Speed Internet
Additional Features
- Stepless Entry
- North or South Exposure
- Guest House
- Horses Allowed On Property
Community Details
- No Home Owners Association
- Association fees include no fees
- Built by custom builder
- Cave Creek Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 216-20-009-T
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 23, 2021
Sold by
Rackley Michelle B
Bought by
Rackley David and Rackley Michelle B
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,000
Outstanding Balance
$864,359
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$956,116
Purchase Details
Listed on
Apr 5, 2019
Closed on
Jul 22, 2019
Sold by
Rackley David and Rackley Michelle B
Bought by
Rackley Michelle B
Seller's Agent
Lukas Magnusson
HomeSmart
Buyer's Agent
Laura Jewett
Engel & Voelkers Scottsdale
List Price
$775,000
Sold Price
$740,000
Premium/Discount to List
-$35,000
-4.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.76%
Original Mortgage
$484,350
Interest Rate
3.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 22, 2001
Sold by
Grigaitis Richard J and Grigaitis Heidi V
Bought by
Parker James W and Parker Sheila A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.24%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 18, 1994
Sold by
Goto Takahisa
Bought by
Grigaitis Richard J and Grigaitis Heidi V
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rackley David | -- | Lawyers Title Of Arizona Inc | |
| Rackley Michelle B | -- | Chicago Title Agency | |
| Rackley Michelle B | $740,000 | Chicago Title Agency | |
| Parker James W | $520,000 | Capital Title Agency | |
| Grigaitis Richard J | $62,000 | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rackley David | $952,000 | |
| Closed | Rackley Michelle B | $484,350 | |
| Closed | Rackley Michelle B | $181,576 | |
| Previous Owner | Parker James W | $416,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/25/2019 07/25/19 | Sold | $740,000 | -6.3% | $187 / Sq Ft |
| 05/17/2019 05/17/19 | Price Changed | $790,000 | -1.3% | $199 / Sq Ft |
| 04/10/2019 04/10/19 | Price Changed | $800,000 | +3.2% | $202 / Sq Ft |
| 04/05/2019 04/05/19 | For Sale | $775,000 | -- | $196 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $3,292 | $85,648 | -- | -- |
| 2024 | $2,981 | $78,454 | -- | -- |
| 2023 | $2,981 | $96,250 | $19,250 | $77,000 |
| 2022 | $2,920 | $71,160 | $14,230 | $56,930 |
| 2021 | $3,319 | $72,030 | $14,400 | $57,630 |
| 2020 | $3,272 | $65,360 | $13,070 | $52,290 |
| 2019 | $3,319 | $65,110 | $13,020 | $52,090 |
| 2018 | $3,254 | $63,150 | $12,630 | $50,520 |
| 2017 | $3,186 | $61,660 | $12,330 | $49,330 |
| 2016 | $3,168 | $67,010 | $13,400 | $53,610 |
| 2015 | $2,998 | $59,230 | $11,840 | $47,390 |
Source: Public Records
Agents Affiliated with this Home
-
-
Nicole Magnusson
Seller Co-Listing Agent in 2019
Nicole Magnusson
HomeSmart
(480) 241-7209
9 Total Sales
-
Laura Jewett
Buyer's Agent in 2019
Laura Jewett
Engel & Voelkers Scottsdale
(480) 628-2563
84 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5906813
APN: 216-20-009T
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.
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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