NOT LISTED FOR SALE

7616 E Arroyo Rd Cave Creek, AZ 85331

Estimated Value: $352,000 - $569,000

5 Acres
$93,713 Price per Acre
217,800 Sq Ft Lot

Last Sold June 03, 2021

Last sale price $405,000

Est. 16% increase in value since last sale

Current estimated payment $2,570/month

21 Days on Market

Highlights

  • Horses Allowed On Property
  • 5 Acre Lot
  • No HOA
  • Black Mountain Elementary School Rated A-
  • Mountain View

About This Lot

As of June 2021

Spectacular 5-acre lot with panoramic Mountain, Sunrise, and Sunset Views. Easy, buildable lot with several potential building sites to design your Dream Home. Enjoy the peace and serenity of the Sonoran Desert with abundant Saguaros. Lot backs to the Grapevine wash for added privacy. Enjoy Arizona Country living yet only minutes to quaint shopping, dining, and schools.

Last Agent to Sell the Property

Susan Folts

Russ Lyon Sotheby's International Realty License #SA562228000 Listed on: 04/08/2021

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,576

Lot Details

  • 5 Acre 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
  • Horses Allowed On Property
  • Shared Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 216-20-016-F

Property Details

Property Type

Land

Est. Annual Taxes

$1,576

Lot Details

5 Acres

Listing Details

  • Cross Street: Cave Creek and North Galloway Drive
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Existing Wash(s), Gentle Sloping, Level
  • Zoning: R-190
  • Tax Year: 2020
  • Horses: Yes
  • Lot Size Acres: 5.0
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Mountain View(s), North/South Exp, Adjacent to Wash
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: No

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

  • Lot Size: 659' x 329'
  • Lot Size Sq Ft: 217800.0
  • Additional Parcels: No
  • Parcel #: 216-20-016-F
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1576.0
  • Tax Book Number: 216.00
  • Tax Lot: -
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Apr 30, 2021
Sold by
Folts Randall C and Folts Susan C
Bought by
Laukien Robyn and Park Christopher
Seller's Agent
Susan Folts
Russ Lyon Sotheby's International Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%
Current Estimated Value
$468,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,564
Avg. Annual Appreciation
3.09%

Purchase Details

Closed on
Feb 20, 2019
Sold by
Folts Randall C
Bought by
Folts Randall C and Folts Susan C

Purchase Details

Closed on
Jan 26, 2017
Sold by
Folts Susan and Folts Randall C
Bought by
Folts Randall C

Purchase Details

Closed on
Jun 7, 2005
Sold by
Winters Raymond and Winters Rosemary
Bought by
Bellis Peter E
Source: Public Records
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
Laukien Robyn $405,000 First American Title Ins Co
Folts Randall C -- None Available
Folts Randall C -- First American Title Ins Co
Folts Randall C $285,000 First American Title Ins Co
Bellis Peter E $230,000 Stewart Title & Trust Of Pho
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $405,000 -4.7% --
04/27/2021 04/27/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $425,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,588 $34,224 $34,224 --
2024 $1,498 $32,594 $32,594 --
2023 $1,498 $36,450 $36,450 $0
2022 $1,468 $36,150 $36,150 $0
2021 $1,602 $33,045 $33,045 $0
2020 $1,576 $34,815 $34,815 $0
2019 $1,531 $31,785 $31,785 $0
2018 $1,479 $32,475 $32,475 $0
2017 $1,432 $33,600 $33,600 $0
2016 $1,426 $30,075 $30,075 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6218535

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-20-016F

Your Personal Tour Guide

Ask me questions while you tour the home.