NOT LISTED FOR SALE

7440 E Cave Creek Rd Unit 4 Carefree, AZ 85377

Estimated Value: $2,350,000 - $2,511,000

1 Bed
1 Bath
700 Sq Ft
0.74 Acres

Highlights

  • No HOA
  • Community Pool
  • Tile Flooring
  • Black Mountain Elementary School Rated A-
  • Cooling Available
  • 4-minute walk to Sundial Park

About This Home

As of March 2024

Fully remodeled 1960's building. Everything NEW!! $1,700 per mo. 1 bed, 1 bath, new kitchen, living and bath with modern luxury plank tile throughout, Quartz countertops, new kitchen cabinets and bath vanity, new light fixtures, new windows, new custom window treatments in living and bedroom. New A/C, electric and hot water heater. New washer/dryer in unit. Community pool and putting green installed (waiting for final inspection). Walking distance to downtown Carefree near several bars, restaurants, art galleries and boutiques. Across the street from the Carefree Gardens and the famous Carefree Sundial. WELCOME HOME! Agent related to owner.

Last Agent to Rent the Property

Katie Whelan

Russ Lyon Sotheby's International Realty License #SA707196000 Listed on: 12/19/2023

Last Renter's Agent

Katie Whelan

Russ Lyon Sotheby's International Realty License #SA707196000 Listed on: 12/19/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,324

Year Built

  • Built in 1963

Lot Details

  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Artificial Turf

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Built-In Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • Common or Shared Parking

Pool

  • Fence Around Pool

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Property Available on 3/1/24
  • 12-Month Minimum Lease Term
  • Tax Lot 321
  • Assessor Parcel Number 216-83-316-C

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Pool

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,324

Year Built

Built in 1963

Lot Details

0

Rental Info

  • Available Date: 2024-03-01

Listing Details

  • Cross Street: Cave Creek Road and Elbow Bend Road
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1963
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 3.0
  • Initial Move In Costs Addtl Move In Fees: 309.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.74
  • Subdivision Name: None
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • Structure Type: String
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Living Area: 700.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Lot Features: Desert Back, Desert Front, Synthetic Grass Back
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Brick
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Parking Features:Common: Yes

Utilities

  • Cooling: Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Lessor Approval

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 Sq Ft: 32352.0
  • Parcel #: 216-83-316-C

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 216.00
  • Tax Lot: 321
  • Tax Map Number: 83.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2025
Sold by
Carefree Flats Llc
Bought by
Home Path Financial Limited Partnership
Current Estimated Value
$2,430,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,496,149
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$934,351

Purchase Details

Closed on
Dec 10, 2021
Sold by
Cox Robert A
Bought by
Carefree Flats Llc

Purchase Details

Closed on
Nov 23, 2020
Sold by
Cox Robert and Cox Gayla
Bought by
Cox Robert A
Source: Public Records

Range of Values:

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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
Home Path Financial Limited Partnership $2,465,000 First American Title Insurance
Carefree Flats Llc $900,000 Fidelity Natl Ttl Agcy Inc
Cox Robert A -- Commonwealth Land Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Home Path Financial Limited Partnership $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2024 03/01/24 Rented $1,700 0.0% --
12/21/2023 12/21/23 For Rent $1,700 -- --
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 $1,324 $28,653 -- --
2024 $1,254 $27,289 -- --
2023 $1,254 $65,960 $13,190 $52,770
2022 $1,229 $47,000 $9,400 $37,600
2021 $1,341 $44,680 $8,930 $35,750
2020 $1,319 $38,250 $7,650 $30,600
2019 $1,282 $35,180 $7,030 $28,150
2018 $1,238 $32,230 $6,440 $25,790
2017 $1,199 $28,110 $5,620 $22,490
2016 $1,194 $27,450 $5,490 $21,960
2015 $1,124 $24,860 $4,970 $19,890
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2024

    Katie Whelan

    Russ Lyon Sotheby's International Realty

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6642454

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-83-316C

Arizona Maricopa County Carefree 85377

7440 E Cave Creek Rd Unit 4, Carefree, AZ

This home is located at 7440 E Cave Creek Rd Unit 4, Carefree, AZ 85377 since 19 December 2023 and is currently priced at $2,430,500. This property was built in 1963. 7440 E Cave Creek Rd 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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