$3,875,000
SOLD MAR 7, 2022

7450 E Continental Mountain Estates Dr Unit 3 Cave Creek, AZ 85331

4 Beds
4.5 Baths
6,252 Sq Ft
5.24 Acres

Recently Sold

$620 Per Sq Ft

3% Below List Price

45 Days on Market

Highlights

  • Horses Allowed On Property
  • Heated Spa
  • 5.24 Acre Lot
  • Black Mountain Elementary School Rated A-
  • Gated Parking
  • Mountain View

About This Home

As of March 2022

When BIG views & Privacy matter: Escape from the City to your gated, mountaintop Home in sunny Arizona. The sleek Contemporary architecture includes soaring ceilings, walls of glass, art gallery walls, inviting Kitchen with quartz waterfall island, King of the Hill views. The indoor - outdoor lifestyle beckons you to the wrap-around balcony seating, and multiple Patios. Bask in the warm Sunshine, and then be amazed by spectacular Sunsets. Enjoy the panorama of Mountain ranges, warm sunrises, crisp starlight, and city lights. An immense Garage can house 10+ cars, a golf simulator, or your favorite Hobby. NO HOA, Gated & ultra-Private; tranquil yet close to shopping, & dining in the small-town Cave Creek - Carefree areas. Convenience of an easy commute to the airports or City amenities.

Last Agent to Sell the Property

Debbie Omundson

Russ Lyon Sotheby's International Realty License #BR043321000 Listed on: 01/10/2022

Russ Lyon Sotheby's International Realty

Co-Listed By

Susan Folts

Russ Lyon Sotheby's International Realty License #SA562228000

Last Buyer's Agent

Marci Nedialkov

eXp Realty License #SA689076000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,932

Year Built

  • Built in 2019

Lot Details

  • 5.24 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 10 Car Direct Access Garage
  • Garage ceiling height seven feet or more
  • Tandem Garage
  • Garage Door Opener
  • Shared Driveway
  • Gated Parking

Home Design

  • Contemporary Architecture
  • Spray Foam Insulation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,252 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Private Pool
  • Above Ground Spa
  • Pool Pump

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Mini Split Heat Pump
  • Propane
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by McKenzie Brothers
  • 5 Acre Mountain Top

Listing and Financial Details

  • Assessor Parcel Number 216-17-004-Q

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,932

Year Built

Built in 2019

Lot Details

0

Parking

10

Listing Details

  • Cross Street: Cave Creek Rd. & School House Rd
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 10.0
  • Parking Spaces Total Covered Spaces: 10.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2019
  • Spa Private: Yes
  • Tax Year: 2021
  • Directions: North on School House,Right on Fleming Springs, Right on Rockaway, Left on Echo Canyon, right on Continental Mountain Rd, Left on 72nd, Right on Continental Mountain Estates, Home on the left, HILLTOP
  • Master Model: 5 Acre Mountain Top
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 5.24
  • Co List Office Mls Id: lyon05
  • Co List Office Phone: 480-488-2400
  • Subdivision Name: .
  • Architectural Style: Other, Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: Q
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone, Tile
  • Basement YN: No
  • Spa Features: Above Ground, Heated, Private
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, Elevator, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 6252.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Variable Speed Pump, Private
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Spray Foam Insulation, Stucco, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Metal
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 10.0
  • Parking Features: Tandem Garage, Gated, Garage Door Opener, Extended Length Garage, Direct Access, Over Height Garage, Shared Driveway
  • Attached Garage: No
  • Garage Spaces: 10.0
  • Open Parking Spaces: 10.0
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Shared Driveway: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Utilities: Propane
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Mini Split, Natural Gas
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Mini Split2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

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

  • Land Lease: No
  • Lot Size Sq Ft: 228243.0
  • Parcel #: 216-17-004-Q

Building Info

  • Builder Name: McKenzie Brothers

Tax Info

  • Tax Annual Amount: 4932.0
  • Tax Book Number: 216.00
  • Tax Lot: -
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2022
Closed on
Feb 24, 2022
Sold by
Sheehan James A and Sheehan Valerie A
Bought by
1 Az Rattlesnake Llc
Seller's Agent
Debbie Omundson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Marci Nedialkov
eXp Realty
List Price
$3,995,000
Sold Price
$3,875,000
Premium/Discount to List
-$120,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-40.84%
Original Mortgage
$2,906,250
Outstanding Balance
$2,713,259
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
-$2,115,259

Purchase Details

Closed on
Jun 21, 2016
Sold by
Private Lenders Funding Group Llc
Bought by
Sheehan James A and Sheehan Valerie A
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $3,875,000 First American Title
Warranty Deed $455,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,906,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 For Sale $599,000 -84.5% $96 / Sq Ft
03/07/2022 03/07/22 Sold $3,875,000 -3.0% $620 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $3,995,000 -- $639 / 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 $4,869 $105,384 -- --
2024 $4,613 $100,366 -- --
2023 $4,613 $180,570 $36,110 $144,460
2022 $4,522 $128,410 $25,680 $102,730
2021 $4,932 $127,500 $25,500 $102,000
2020 $1,577 $32,520 $32,520 $0
2019 $1,532 $25,935 $25,935 $0
2018 $1,481 $26,355 $26,355 $0
2017 $1,433 $24,720 $24,720 $0
2016 $1,428 $22,080 $22,080 $0
2015 $1,646 $25,776 $25,776 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6337575

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-17-004Q