Patricia Cain
AXEN REALTY, LLC
(239) 251-4979
37 Total Sales
1 in Carefree
$150,000 Price
7440 E Cave Creek Rd Carefree, AZ 85377
Carefree AreaEstimated Value: $1,485,000 - $2,445,000
Studio
--
Baths
--
Sq Ft
1963
Built
Highlights
- Heated Community Pool
- Brick Veneer
- Ceiling Fan
- Black Mountain Elementary School Rated A-
- Community Barbecue Grill
- 4-minute walk to Sundial Park
About This Home
As of June 2025Nestled in the tranquil heart of Carefree, this beautifully renovated multifamily property offers 8 distinct units, each thoughtfully restored to blend vintage character with modern conveniences. Every inch of the property has been updated with attention to detail, featuring brand-new custom kitchens with ample storage, new custom bathrooms, vinyl plank flooring, new windows, and new fans and fixtures. Each unit is equipped with new in-unit washer/dryers, updated HVAC systems, new hot water heaters, ensuring comfort and convenience throughout.Residents can enjoy new outdoor amenities, including a sparkling pool and putting green. The property comprises four spacious 2-bedroom/1-bath units and four 1-bedroom/1-bath units, offering a variety of living options.
Last Agent to Sell the Property
Silverleaf Realty License #BR640468000 Listed on: 03/24/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,324
Year Built
- Built in 1963
Home Design
- Brick Veneer
Interior Spaces
- Ceiling Fan
- Vinyl Flooring
Parking
- 9 Open Parking Spaces
- 9 Parking Spaces
- Free Parking
- Paved Parking
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- The owner pays for pool maintenance, trash collection, sewer, landscaping
- Tax Lot 321
- Assessor Parcel Number 216-83-316-C
Community Details
Overview
- 2 Buildings
- 8 Units
- Building Dimensions are 32,352 sq ft.
- Carefree Too Subdivision
Amenities
- Community Barbecue Grill
Recreation
- Heated Community Pool
Building Details
- Operating Expense $32,586
- Gross Income $189,280
- Net Operating Income $156,937
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2025
Closed on
Jun 18, 2025
Sold by
Carefree Flats Llc
Bought by
Seller's Agent
Jennifer Boynton
Silverleaf Realty
Buyer's Agent
Jacob Munoz
RHP Real Estate
List Price
$2,495,000
Sold Price
$2,465,000
Premium/Discount to List
-$30,000
-1.2%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$299,601
Avg. Annual Appreciation
-11.96%
Original Mortgage
$34,000
Interest Rate
6.77%
Mortgage Type
New Conventional
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Carefree, AZ
-
Patricia Cain
-
Bill Kuniej
Bill Kuniej
Russ Lyon Sotheby's International Realty
(331) 703-3363
4 Total Sales
1 in Carefree
$565,000 Price
-
Bernadette Greer
Bernadette Greer
HomeSmart
(855) 480-0213
13 Total Sales
1 in Carefree
$575,000 Price
-
Corina Lange
Corina Lange
W and Partners, LLC
(602) 786-5082
25 Total Sales
1 in Carefree
$560,000 Price
-
Kelly Meadows
Kelly Meadows
Realty ONE Group
(623) 663-9407
367 Total Sales
1 in Carefree
$480,000 Price
-
Jobey Frank
Jobey Frank
Realty ONE Group
(623) 900-1395
179 Total Sales
1 in Carefree
$1,850,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $200,000 | ||
| Closed | Home Path Financial Lp | $50,000 | |
| Closed | Home Path Financial Lp | $51,000 | |
| Closed | Home Path Financial Lp | $58,000 | |
| Closed | Home Path Financial Lp | $32,108 | |
| Closed | Home Path Financial Lp | $44,499 | |
| Closed | Home Path Financial Lp | $34,000 | |
| Closed | Home Path Financial Lp | $36,000 | |
| Closed | Home Path Financial Lp | $36,300 | |
| Closed | Home Path Financial Lp | $32,015 | |
| Open | Home Path Financial Limited Partnership | $1,500,000 | |
| Closed | Home Path Financial Lp | $47,500 | |
| Closed | Home Path Financial Lp | $40,000 | |
| Closed | Home Path Financial Lp | $71,461 | |
| Closed | Home Path Financial Lp | $109,750 | |
| Closed | Home Path Financial Lp | $45,032 | |
| Previous Owner | Home Path Financial Lp | $25,000 | |
| Previous Owner | Home Path Financial Lp | $100,000 | |
| Previous Owner | Home Path Financial Lp | $130,000 | |
| Previous Owner | Home Path Financial Lp | $60,898 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | $2,465,000 | -1.2% | -- |
| 06/24/2025 06/24/25 | Price Changed | $2,495,000 | 0.0% | -- |
| 05/06/2025 05/06/25 | Pending | -- | -- | -- |
| 03/24/2025 03/24/25 | For Sale | $2,495,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,330 | $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
-
Jennifer Boynton
Seller's Agent in 2025
Jennifer Boynton
Silverleaf Realty
(847) 602-3030
79 Total Sales
-
Jacob Munoz
Buyer's Agent in 2025
Jacob Munoz
RHP Real Estate
(623) 764-1408
61 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6839986
APN: 216-83-316C
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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