NOT LISTED FOR SALE

7560 E Ridgecrest Rd Cave Creek, AZ 85331

Estimated Value: $972,962 - $1,271,000

3 Beds
3 Baths
2,148 Sq Ft
$495/Sq Ft Est. Value

Last Sold March 16, 2015

Last sale price $520,000 $242 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $6,099/month

121 Days on Market

Highlights

  • 4.99 Acre Lot
  • Mountain View
  • Santa Fe Architecture
  • Black Mountain Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Granite Countertops

About This Home

As of March 2015

Dramatic breathtaking views! This is an incredible location. Completely remodeled to include travertine flooring, new kitchen with gourmet appliances, beautiful master bath! Gorgeous granite. Third bedroom doubles as an attached guest suite w/ separate entrance. Soaring ceilings! The views are outstanding! Quiet neighborhood and location. Homes look over Rowe Wash-Enjoy much wildlife. Loft and a walk-out deck can also be enjoyed. Room off kitchen with additional cooktop - works as a great hobby room/bonus room/workshop. Hiking is fantastic! This home can make a great private hideaway for a part time resident or can be enjoyed by a year round resident. One of the best locations in the town of Cave Creek!

Last Agent to Sell the Property

Janet Mohr

Realty Executives License #BR008015000 Listed on: 10/11/2014

Realty Executives

Last Buyer's Agent

Phillip Bianco

Russ Lyon Sotheby's International Realty License #SA564289000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,468

Year Built

  • Built in 1990

Lot Details

  • 4.99 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Chain Link Fence

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 2,148 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Family Room with Fireplace
  • 3 Fireplaces
  • Stone Flooring
  • Mountain Views
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Fireplace

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Water Filtration System

Listing and Financial Details

  • Assessor Parcel Number 216-20-014-U

Community Details

Overview

  • No Home Owners Association
  • Built by Custom
  • M&B Exact To Follow In Escrow Subdivision, Custom Territorial Floorplan

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,468

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Cross Street: CAVE CREEK & TOM DARLINGTON (SCOTTSDALE) ROADS
  • Legal Info Range: 4E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2011
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2011
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2011
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2011
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1990
  • Tax Year: 2013
  • Directions: W OF TOM DARLINGTON ON CAVE CREEK RD TO GALLOWAY, N ON GALLOWAY WHICH TURNS INTO GRAPVINE TO KIVA HILL, LFT ON KIVA HILL TO ARROYO RD, LFT ON ARROYO TO RD ON THE RIGHT(no sign)N TO HOME-DON'T USE GPS
  • Master Model: Custom Territorial
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 4.99
  • Subdivision Name: M&B EXACT TO FOLLOW IN ESCROW
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: U
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 3
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Granite Counters
  • Living Area: 2148.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:Separate Workshop: Yes

Exterior Features

  • Fencing: Chain Link, Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Patio
  • Lot Features: Desert Back, Desert Front, Natural Desert Back
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 217364.0
  • Parcel #: 216-20-014-U
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 1468.0
  • Tax Book Number: 216.00
  • Tax Lot: 0
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2014
Closed on
Mar 2, 2015
Sold by
Fearnside Robert A and Fearnside Suzanne C
Bought by
Waits Dennis N and Waits Linda L
Seller's Agent
Janet Mohr
Realty Executives
Buyer's Agent
Phillip Bianco
Russ Lyon Sotheby's International Realty
List Price
$550,000
Sold Price
$520,000
Premium/Discount to List
-$30,000
-5.45%
Total Days on Market
121
Current Estimated Value
$1,063,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$543,741
Avg. Annual Appreciation
7.23%
Original Mortgage
$416,000
Outstanding Balance
$321,975
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$741,766

Purchase Details

Closed on
Apr 7, 2014
Sold by
Fernside Robert A and Fernside Suzanne C
Bought by
Fernside Robert A and Fernside Suzanne C

Purchase Details

Closed on
May 27, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fearnside Robert A and Fearsndie Suzanne C

Purchase Details

Closed on
Sep 7, 2010
Sold by
Beard Harold W and Beard Virginia L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 6, 2001
Sold by
Ziemann Lowell A and Jean Ziemann M
Bought by
Beard Harold W and Beard Virginia L

Purchase Details

Closed on
Mar 24, 1997
Sold by
Spessard Clayton I and Spessard Karen B
Bought by
Beard Harold W and Beard Virginia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.63%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Waits Dennis N $520,000 Signature Title
Fernside Robert A -- None Available
Fearnside Robert A $310,000 Great American Title Agency
Federal Home Loan Mortgage Corporation $378,351 First American Title
Beard Harold W -- --
Beard Harold W $320,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waits Dennis N $416,000
Previous Owner Fearnside Robert A $58,000
Previous Owner Fearnside Robert A $322,500
Previous Owner Beard Harold W $359,650
Previous Owner Beard Harold W $90,300
Previous Owner Beard Harold W $398,000
Previous Owner Beard Harold W $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2015 03/16/15 Sold $520,000 -1.0% $242 / Sq Ft
02/09/2015 02/09/15 Pending -- -- --
01/11/2015 01/11/15 Price Changed $525,000 -4.4% $244 / Sq Ft
11/29/2014 11/29/14 Price Changed $548,900 -0.2% $256 / Sq Ft
10/11/2014 10/11/14 For Sale $550,000 -- $256 / 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 $1,875 $49,579 -- --
2024 $1,794 $47,218 -- --
2023 $1,794 $57,110 $11,420 $45,690
2022 $1,758 $51,300 $10,260 $41,040
2021 $1,973 $51,370 $10,270 $41,100
2020 $1,945 $46,500 $9,300 $37,200
2019 $1,886 $46,320 $9,260 $37,060
2018 $1,815 $44,350 $8,870 $35,480
2017 $1,750 $43,260 $8,650 $34,610
2016 $1,740 $46,570 $9,310 $37,260
2015 $1,647 $40,200 $8,040 $32,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5184214

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-20-014U