NOT LISTED FOR SALE

7350 E Highland Rd Cave Creek, AZ 85331

Estimated Value: $1,287,000 - $1,791,000

3 Beds
3.5 Baths
2,969 Sq Ft
$520/Sq Ft Est. Value

Last Sold June 21, 2018

Last sale price $761,450 $256 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $8,395/month

182 Days on Market

Highlights

  • 2.5 Acre Lot
  • Mountain View
  • Granite Countertops
  • Black Mountain Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of June 2018

2 years New - 2016 Custom Home by the mountains with modern clean lines, and zero steps. Enjoy the shaded north Patio or full sun & starry nights on your 2.5 level acres. Plenty of room to add your collector Garage, RV, Horse set-up, Casita, or Pool. The open Great room includes a Cook's-dream Kitchen, quartz center island, professional appliances aside spacious Dining. This split floor plan has 2 Master Suites, Office-library, Hobby room, and a Workshop (or 3rd Garage.) Both the Office & Hobby room could be Bedrooms. Designed for energy efficiency and low maintenance living. Quality hardwood floors, solid doors, gorgeous tile. Prime location close to the Town core for unique shopping & dining, plus trails for hiking, cycling, or horseback riding. Reduced and priced to sell!

Last Agent to Sell the Property

Debbie Omundson

Russ Lyon Sotheby's International Realty License #BR043321000 Listed on: 11/20/2017

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Susan Folts

Russ Lyon Sotheby's International Realty License #SA562228000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,737

Year Built

  • Built in 2016

Lot Details

  • 2.5 Acre Lot
  • Private Streets
  • Wrought Iron Fence
  • Backyard Sprinklers

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces
  • 1 Carport Space
  • Garage ceiling height seven feet or more
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 2,969 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Double Pane Windows
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall
  • Solar Tube

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire Sprinkler System

Accessible Home Design

  • No Interior Steps

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Propane
  • Well
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Built by Custom
  • 2.5 Acres By The Mountains Subdivision, 2016 Custom Floorplan

Listing and Financial Details

  • Assessor Parcel Number 216-20-006-B

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,737

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Cave Creek Road/Schoolhouse Road
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2016
  • Tax Year: 2017
  • Directions: North on Schoolhouse to Highland, right to 74th, north to home on right.
  • Master Model: 2016 Custom
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 2.5
  • Subdivision Name: 2.5 Acres by the Mountains
  • Architectural Style: Other (See Remarks)
  • Efficiency: Solar Tubes, Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: B
  • ResoBuildingAreaSource: Assessor
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:High Speed Internet Available: Yes
  • Utilities Butane Propane: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Wood
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, Fire Sprinklers, No Interior Steps, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2969.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Built In Recycling: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Private Street(s)
  • Lot Features: Sprinklers In Rear
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Built-Up, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Electric Door Opener, Extnded Lngth Garage, Over Height Garage
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Over Height Garage: Yes

Utilities

  • Utilities: Propane
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Security System Owned
  • Water Source: Well
  • Heating:Natural Gas: 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

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 108900.0
  • Parcel #: 216-20-006-B
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 2737.0
  • Tax Book Number: 216.00
  • Tax Lot: -
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2019
Sold by
Folts Randall C and Folts Susan C
Bought by
Folts Randall C and Folts Susan C
Current Estimated Value
$1,542,623

Purchase Details

Listed on
Nov 20, 2017
Closed on
May 22, 2018
Sold by
Bell Everett E and Bell Sharon A
Bought by
Folts Randall C and Folts Susan C
Seller's Agent
Debbie Omundson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Susan Folts
Russ Lyon Sotheby's International Realty
List Price
$879,000
Sold Price
$761,450
Premium/Discount to List
-$117,550
-13.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%
Original Mortgage
$200,000
Outstanding Balance
$174,770
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,422,428

Purchase Details

Closed on
Nov 1, 2016
Sold by
Bell Everett E and Bell Sharon A
Bought by
Bell Everette E and Bell Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2016
Sold by
Bell Everett E and Bell Sharon A
Bought by
Bell Family Trust and Bell Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2016
Sold by
Bell Everett E and Bell Sharon A
Bought by
Bell Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2016
Sold by
Bell Everett E and Bell Sharon A
Bought by
Bell Everett E and Bell Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2015
Sold by
Blakey A Craig
Bought by
Bell Family Trust
Source: Public Records

Range of Values:

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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
Folts Randall C -- None Available
Folts Randall C $761,450 First American Title Insuran
Bell Everette E -- U S Title Agency Llc
Bell Family Trust -- Accommodation
Bell Everett E -- U S Title Agency Llc
Bell Family Trust -- Chicago Title Agency Inc
Bell Everett E -- Chicago Title Agency Inc
Bell Everett E -- Chicago Title Agency Inc
Bell Family Trust $192,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folts Randall C $200,000
Previous Owner Bell Everette E $375,000
Previous Owner Bell Everett E $193,000
Previous Owner Bell Family Trust $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2018 06/21/18 Sold $761,450 -4.6% $256 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
05/13/2018 05/13/18 Price Changed $798,000 -3.3% $269 / Sq Ft
02/10/2018 02/10/18 Price Changed $825,000 -4.6% $278 / Sq Ft
01/29/2018 01/29/18 Price Changed $865,000 -1.6% $291 / Sq Ft
11/20/2017 11/20/17 For Sale $879,000 -- $296 / 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 $2,591 $68,515 -- --
2024 $2,479 $65,252 -- --
2023 $2,479 $119,170 $23,830 $95,340
2022 $2,429 $91,070 $18,210 $72,860
2021 $2,726 $89,430 $17,880 $71,550
2020 $2,687 $75,610 $15,120 $60,490
2019 $2,489 $64,860 $12,970 $51,890
2018 $2,396 $61,960 $12,390 $49,570
2017 $2,737 $59,050 $11,810 $47,240
2016 $1,029 $19,890 $19,890 $0
Source: Public Records

Agents Affiliated with this Home

  • Debbie Omundson

    Seller's Agent in 2018

    Debbie Omundson

    Russ Lyon Sotheby's International Realty

    (480) 375-1522

    46 in this area

    116 Total Sales

    Debbie Omundson
    Section Image
  • Susan Folts

    Buyer's Agent in 2018

    Susan Folts

    Russ Lyon Sotheby's International Realty

    (480) 540-4410

    21 in this area

    62 Total Sales

    Susan Folts
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5690192

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-20-006B

Arizona Maricopa County Cave Creek 85331

7350 E Highland Rd, Cave Creek, AZ

This home is located at 7350 E Highland Rd, Cave Creek, AZ 85331 since 20 November 2017 and is currently estimated at $1,542,623, approximately $519 per square foot. This property was built in 2016. 7350 E Highland Rd 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.

Arizona Regional Multiple Listing Service (ARMLS) 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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