NOT LISTED FOR SALE

7440 E 75th Place Unit 4 Cave Creek, AZ 85331

Estimated Value: $848,000 - $1,051,000

4.55 Acres
$204,751 Price per Acre
198,198 Sq Ft Lot

Last Sold July 01, 2019

Last sale price $525,000

Est. 77% increase in value since last sale

Current estimated payment $5,097/month

46 Days on Market

Highlights

  • City Lights View
  • 4.55 Acre Lot
  • Cul-De-Sac
  • Black Mountain Elementary School Rated A-

About This Lot

As of July 2019

Enjoy the beautiful serenity of the Sonoran Desert from this custom home lot in Continental Mountain Estates. Lot #4 is 4.55 acres with a large building envelope of 19,827 sf. Some of the best views of the Valley below. Continental Mountain Estates is a new exclusive private subdivision with 13 custom homesites, ranging from 4.37 to 7.87 acres. Escape from the ordinary and take in the stunning panoramic mountain and city light views overlooking Cave Creek, Carefree, and the Valley below. The Continental Mountain range provide the perfect backdrop for you to imagine and build your dream luxury estate. Each homesite is improved: paved streets, water, and electricity. Public Report, Community Design Guidelines, CC&Rs, and Final PLAT available.

Last Agent to Sell the Property

Lisa Lucky

Russ Lyon Sotheby's International Realty License #BR516513000 Listed on: 03/15/2019

Russ Lyon Sotheby's International Realty

Co-Listed By

Matthew Lucky

Russ Lyon Sotheby's International Realty License #SA541803000

Last Buyer's Agent

Lisa Broker

Coldwell Banker Pinnacle Peak Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,398

Lot Details

  • 4.55 Acre Lot
  • Cul-De-Sac
  • Property is zoned DR-190

HOA Fees

  • $33 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

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

Community Details

  • Cont Mount Estates Association, Phone Number (602) 743-7002
  • Continental Mountain Estates Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 216-17-021

Property Details

Property Type

Land

Est. Annual Taxes

$1,398

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Cross Street: Cave Creek & School House Rd.
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Off Site Imp Complte
  • Topography: Hillside, Gentle Sloping
  • Zoning: DR-190
  • Tax Year: 2018
  • Directions: N on School House to Fleming Springs; NE to Rockaway Hills; E to Echo Canyon; N to Continental Mountain Drive; E just past monument. N on 75th Place. Homesite on N at top of cul-de-sac.
  • Horses: No
  • Lot Size Acres: 4.55
  • Road Surface Type: Asphalt, Private Street
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: CONTINENTAL MOUNTAIN ESTATES
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, City Light View(s), Mountain View(s), North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 100.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 602-743-7002
  • Association Fee: 100.0
  • Association Fee Frequency: Quarterly
  • Association Name: Cont Mount Estates
  • Phone: 602-743-7002
  • Association: Yes

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

  • Lot Size: Irregular
  • Lot Size Sq Ft: 198198.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 216-17-021
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1398.0
  • Tax Book Number: 216.00
  • Tax Lot: 4
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2024
Sold by
Jones Cave Creek Property Llc
Bought by
Jones Todd and Jones Michelle
Current Estimated Value
$931,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,935,000
Outstanding Balance
$2,917,079
Interest Rate
6.77%
Mortgage Type
Construction
Estimated Equity
-$2,024,265

Purchase Details

Closed on
May 1, 2019
Sold by
Ls & Ss Properties Inc
Bought by
Jones Cave Creek Property Llc

Purchase Details

Closed on
Apr 2, 1998
Sold by
Lyon Russell A and Lyon Rosalyn B
Bought by
Gtnn Inc
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
Jones Todd -- Clear Title Agency Of Arizona
Jones Cave Creek Property Llc $525,000 First American Title Ins Co
Gtnn Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Todd $2,935,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2019 07/01/19 Sold $525,000 -30.0% --
04/30/2019 04/30/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $750,000 -- --
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 $1,495 $32,350 $32,350 --
2024 $1,416 $30,810 $30,810 --
2023 $1,416 $91,995 $91,995 $0
2022 $1,388 $75,720 $75,720 $0
2021 $1,514 $65,505 $65,505 $0
2020 $1,489 $77,805 $77,805 $0
2019 $1,447 $85,275 $85,275 $0
2018 $1,398 $79,230 $79,230 $0
2017 $1,353 $73,350 $73,350 $0
2016 $1,348 $26,190 $26,190 $0
2015 $1,353 $21,184 $21,184 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Lucky

    Seller's Agent in 2019

    Lisa Lucky

    Russ Lyon Sotheby's International Realty

    (602) 320-8415

    1 in this area

    318 Total Sales

    Lisa Lucky
    Section Image
  • Matthew Lucky

    Seller Co-Listing Agent in 2019

    Matthew Lucky

    Russ Lyon Sotheby's International Realty

    (480) 390-0445

    20 Total Sales

    Matthew Lucky
    Section Image

  • L

    Buyer's Agent in 2019

    Lisa Broker

    Coldwell Banker Pinnacle Peak Realty

  • Laura Lucky

    Buyer Co-Listing Agent in 2019

    Laura Lucky

    Russ Lyon Sotheby's International Realty

    (480) 390-5044

    1 in this area

    312 Total Sales

    Laura Lucky
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5896620

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-17-021

Arizona Maricopa County Cave Creek 85331

7440 E 75th Place Unit 4, Cave Creek, AZ

This home is located at 7440 E 75th Place Unit 4, Cave Creek, AZ 85331 since 15 March 2019 and is currently estimated at $931,618. 7440 E 75th Place Unit 4 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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