NOT LISTED FOR SALE

7500 E Arroyo Rd Cave Creek, AZ 85331

Estimated Value: $1,234,000 - $1,895,550

4.97 Acres
$323,368 Price per Acre
216,493 Sq Ft Lot

Last Sold June 20, 2017

Last sale price $285,000

Est. 464% increase in value since last sale

Current estimated payment $9,247/month

863 Days on Market

Highlights

  • 4.97 Acre Lot
  • Mountain View
  • No HOA
  • Black Mountain Elementary School Rated A-
  • Corner Lot

About This Lot

As of June 2017

Exceptional views from this nearly 5 acre pristine property in North Cave Creek include Elephant Butte, Continental Mountains and the local landmark Black Mountain!
Great homesite offers North/South exposure and beautiful high Sonoran Desert vegetation, including giant saguaros and mature native trees.
Lister happy to walk site with you. It's gorgeous and owner may carry!

Last Agent to Sell the Property

Mark Hazelton

Russ Lyon Sotheby's International Realty License #SA022059000 Listed on: 01/21/2015

Russ Lyon Sotheby's International Realty

Co-Listed By

Stacey Holmes

HomeSmart License #SA645292000

Last Buyer's Agent

William Calvin

Realty ONE Group License #SA020817000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,393

Year Built

  • 2021

Lot Details

  • 4.97 Acre Lot
  • Corner Lot
  • Property is zoned R-190

Schools

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

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 216-20-022

Property Details

Property Type

Land

Est. Annual Taxes

$1,393

Year Built

2021

Lot Details

0

Listing Details

  • Cross Street: Cave Creek Road and North Galloway Dr.
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R-190
  • Tax Year: 2014
  • Directions: North on Galloway from Cave Creek Rd., East onto Grapevine to north turn at Kiva Hill, (See MLS photo of intersection). E. Arroyo Rd. is just around the corner, West to property.
  • Lot Size Acres: 4.97
  • Co List Office Mls Id: lyon05
  • Co List Office Phone: 480-488-2400
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Mountain View(s), North/South Exp
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: unknown
  • Lot Size Sq Ft: 216599.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 216-20-022
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1392.62
  • Tax Book Number: 216.00
  • Tax Lot: NONE
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Furtmann John B
Bought by
John Furtmann Living Trust
Total Days on Market
863
Current Estimated Value
$1,607,138

Purchase Details

Listed on
Jan 21, 2015
Closed on
Jun 16, 2017
Sold by
Auerbach Ronald W and Rwa Contract Services Inc
Bought by
Furtmann John B
Seller's Agent
Mark Hazelton
Russ Lyon Sotheby's International Realty
Buyer's Agent
William Calvin
Realty ONE Group
List Price
$339,000
Sold Price
$285,000
Premium/Discount to List
-$54,000
-15.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.17%

Purchase Details

Closed on
Sep 22, 2008
Sold by
Auerbach Ronald W and Auerbach Karen A
Bought by
Town Of Cave Creek

Purchase Details

Closed on
Nov 17, 2006
Sold by
Auerbach Ronald W and Auerbach Karen A
Bought by
Auerbach Ronald W and Auerbach Karen A

Purchase Details

Closed on
Apr 19, 2000
Sold by
Kukla Christopher S and Kukla Betsey A
Bought by
Gonzales Richard T and Gonzales Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,295
Interest Rate
8.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Property in Cave Creek, AZ

  • 41151 N 54th St, Cave Creek, AZ 85331

    $1,395,000

    • Land
    • 5 Acres
    • $279,000 per Acre
    • 41151 N 54th St
    • Cave Creek, AZ

    The panoramic views from this spectacular 5 acre property will take your breath away! Sitting on top of your own hillside, you are just minutes from historic Cave Creek and the Spur Cross Preserve. The 1,200 sq. ft. home has vaulted ceilings, recessed lighting,16'' slate floors, 8ft. sliding glass doors and a 3 car garage. The ensuite has a dual copper sink vanity, roll in shower, and a large

    Lynne Mc Kernan Keller Williams Arizona Realty

    Section Image
See All Homes in Cave Creek

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
John Furtmann Living Trust -- None Listed On Document
Furtmann John B $285,000 North American Title Company
Town Of Cave Creek -- None Available
Auerbach Ronald W -- Tsa Title Agency
Gonzales Richard T $160,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzales Richard T $104,295
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2017 06/20/17 Sold $285,000 -15.9% --
01/20/2015 01/20/15 For Sale $339,000 -- --
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 $3,121 $67,563 -- --
2024 $2,957 $64,346 -- --
2023 $2,957 $112,820 $22,560 $90,260
2022 $2,899 $87,110 $17,420 $69,690
2021 $1,677 $34,155 $34,155 $0
2020 $1,650 $36,000 $36,000 $0
2019 $1,603 $32,610 $32,610 $0
2018 $1,549 $33,420 $33,420 $0
2017 $1,499 $33,075 $33,075 $0
2016 $1,494 $30,480 $30,480 $0
2015 $1,499 $27,776 $27,776 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Hazelton

    Seller's Agent in 2017

    Mark Hazelton

    Russ Lyon Sotheby's International Realty

    (602) 399-0399

    8 in this area

    42 Total Sales

    Mark Hazelton
    Section Image
  • Stacey Holmes

    Seller Co-Listing Agent in 2017

    Stacey Holmes

    HomeSmart

    (480) 338-0274

    1 in this area

    5 Total Sales

    Stacey Holmes
    Section Image

  • W

    Buyer's Agent in 2017

    William Calvin

    Realty One Group

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5224689

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-20-022

Arizona Maricopa County Cave Creek 85331

7500 E Arroyo Rd, Cave Creek, AZ

This home is located at 7500 E Arroyo Rd, Cave Creek, AZ 85331 since 21 January 2015 and is currently estimated at $1,607,138. This property was built in 2021. 7500 E Arroyo Rd 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

Nearby Homes