NOT LISTED FOR SALE

7488 E Highland Rd Cave Creek, AZ 85331

Estimated Value: $1,357,000 - $1,926,000

3 Beds
2.5 Baths
2,905 Sq Ft
$568/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $1,750,000 $602 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $9,063/month

53 Days on Market

Highlights

  • Horses Allowed On Property
  • RV Access or Parking
  • Mountain View
  • Black Mountain Elementary School Rated A-
  • 4.55 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of April 2024

ONE OF THE FEW AUTHENTIC ADOBE HOMES IN CAVE CREEK!! Living in this adobe home will allow you to focus on what's important to you, pushing the rest of the world out of the picture. Built with meticulous attention to detail this well-crafted adobe home, rugged thick walls, irreplaceable antique Mexican doors, weathered concrete floors throughout, 3 adobe wood burning fireplaces and vigas & latillas throughout. Set on just under 5 acres of pristine Sonoran Desert with majestic mountain views surrounding you in every direction, this property is secluded at the end of the road, yet close to Cave Creek. You're invited to discover the spirit, design and details of this adobe home.

Last Agent to Sell the Property

Chad Christian Jr

Russ Lyon Sotheby's International Realty License #SA536279000 Listed on: 01/18/2024

Russ Lyon Sotheby's International Realty

Co-Listed By

Michelle Renteria

Russ Lyon Sotheby's International Realty License #SA658995000

Last Buyer's Agent

Karen Weston

Coldwell Banker Realty License #BR009286000

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,948

Year Built

  • Built in 2010

Lot Details

  • 4.55 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Designed by Isola Jacobs Architects
  • Santa Fe Architecture
  • Foam Roof
  • Adobe

Interior Spaces

  • 2,905 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Double Pane Windows
  • Wood Frame Window
  • Solar Screens
  • Living Room with Fireplace
  • 3 Fireplaces
  • Concrete Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Propane
  • Well
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Greg Hartman FHP Builders
  • Private Cave Creek Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 216-20-001-K

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,948

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Cave Creek Rd and School House Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Isola Jacobs
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2010
  • Tax Year: 2023
  • Directions: Head North on Scottsdale Rd from 101N, at the roundabout, take the second exit onto N Tom Darlington Dr, left on Cave Creek Rd, right on N School House Rd, Right on Highland Rd, house is on the left
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 4.55
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: Private Cave Creek Estate
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • Tax Parcel Letter: K
  • Windows:Dual Pane: Yes
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Concrete
  • Basement YN: No
  • Possible Use: Ranch, Farm
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Other, 3+ Fireplace, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, See Remarks, Eat-in Kitchen, No Interior Steps, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 2905.0
  • Stories: 1
  • Window Features: Skylight(s), Solar Screens, Dual Pane, Wood Frames
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes

Exterior Features

  • Fencing: See Remarks, Other
  • Exterior Features: Private Street(s), Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail, Well Disclosure
  • Construction Type: Adobe
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Foam
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Private Street(s): Yes
  • Construction:Adobe: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking, Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Utilities: Propane
  • Cooling: Central Air
  • Heating: Electric
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Well, Onsite Well
  • Heating:Electric: Yes
  • Sewer Septic Tank: 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: 198198.0
  • Parcel #: 216-20-001-K

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Greg Hartman FHP Builders

Tax Info

  • Tax Annual Amount: 2948.0
  • Tax Book Number: 216.00
  • Tax Lot: N/A
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Apr 26, 2024
Sold by
Eileen And Michael Wright Family Trust and Wright Michael W
Bought by
Hoffman Joshua T
Seller's Agent
Chad Christian Jr
Russ Lyon Sotheby's International Realty
Buyer's Agent
Karen Weston
Coldwell Banker Realty
List Price
$1,850,000
Sold Price
$1,750,000
Premium/Discount to List
-$100,000
-5.41%
Views
281
Current Estimated Value
$1,650,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$99,930
Avg. Annual Appreciation
-4.06%
Original Mortgage
$550,802
Outstanding Balance
$543,458
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$1,106,612

Purchase Details

Closed on
Feb 6, 2019
Sold by
Wright Michael W and Wright Eileen Anne
Bought by
Wright Michael W and Wright Eileen A

Purchase Details

Closed on
Jun 7, 2005
Sold by
Harden Mark and Harden Evonne
Bought by
Wright Michael W and Wright Eileen Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2004
Sold by
Wernimont Floyd J
Bought by
Demott John and Demott Cindy
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
Hoffman Joshua T $1,750,000 Wfg National Title Insurance C
Wright Michael W -- None Available
Wright Michael W $560,000 North American Title Co
Demott John -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Joshua T $550,802
Previous Owner Wright Michael W $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $1,750,000 -5.4% $602 / Sq Ft
01/19/2024 01/19/24 For Sale $1,850,000 -- $637 / 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 $3,763 $81,452 -- --
2024 $2,948 $77,574 -- --
2023 $2,948 $88,600 $17,720 $70,880
2022 $2,888 $70,820 $14,160 $56,660
2021 $3,241 $70,950 $14,190 $56,760
2020 $3,195 $63,820 $12,760 $51,060
2019 $3,241 $63,580 $12,710 $50,870
2018 $3,167 $61,480 $12,290 $49,190
2017 $3,083 $60,060 $12,010 $48,050
2016 $3,066 $65,970 $13,190 $52,780
2015 $2,901 $58,370 $11,670 $46,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6651017

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-20-001K