NOT LISTED FOR SALE

7700 E Grapevine Rd Cave Creek, AZ 85331

Estimated Value: $688,000 - $800,000

10 Acres
$74,262 Price per Acre
435,600 Sq Ft Lot

Last Sold December 30, 2019

Last sale price $450,000

Est. 65% increase in value since last sale

Current estimated payment $4,142/month

197 Days on Market

About This Lot

As of December 2019

Level and easy to build, this 10 acre parcel is located in an area of beautiful custom homes on 5+ acres. You will enjoy the peaceful low density and quiet, with views of mountains, sunrise and sunsets. A lush, green wash crosses at the NW area of the parcel, and is enjoyed by families of deer and quail.
The property can be split if you wish.
Size is ideal for those looking to maximize lot coverage. Your new Home with guest house, tennis court, horse facility, collector car garage is achievable here. This is an area with wells and septic systems, paved roads.
Local custom builders are available to help with your questions, just ask for assistance.

Last Agent to Sell the Property

Debbie Omundson

Russ Lyon Sotheby's International Realty License #BR043321000 Listed on: 05/31/2019

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Yonni Simion

Keller Williams Northeast Realty License #SA109154000

Keller Williams Northeast Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,340

Year Built

  • 1997

Lot Details

  • 10 Acre Lot
  • Property is zoned DR 190

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 216-20-016-C

Property Details

Property Type

Land

Est. Annual Taxes

$2,340

Year Built

1997

Lot Details

0

Listing Details

  • Cross Street: Cave Creek and Galloway
  • Property Type: Land
  • Zoning: DR 190
  • Tax Year: 2019
  • Directions: North to Grapevine, continue NE to property on left.
  • Lot Size Acres: 10.0
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1997

Exterior Features

  • Disclosures: Boundary Survey Avlb

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: irr
  • Lot Size Sq Ft: 435600.0
  • Additional Parcels: No
  • Parcel #: 216-20-016-C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2340.0
  • Tax Book Number: 216.00
  • Tax Lot: -
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2019
Closed on
Dec 26, 2019
Sold by
Laing Alan and Laing Brenda
Bought by
Universal Global Development 1 Llc
Seller's Agent
Debbie Omundson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Yonni Simion
Keller Williams Northeast Realty
List Price
$450,000
Sold Price
$450,000
Total Days on Market
197
Current Estimated Value
$742,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,624
Avg. Annual Appreciation
9.31%
Original Mortgage
$350,000
Outstanding Balance
$313,082
Interest Rate
3.7%
Mortgage Type
Seller Take Back
Estimated Equity
$418,602

Purchase Details

Closed on
Oct 13, 2004
Sold by
Christian Irene E
Bought by
Laing Alan and Laing Brenda

Purchase Details

Closed on
Sep 30, 1996
Sold by
Christian Hubert Edward and Christian Irene Evelyn
Bought by
Christian Hubert Edward and Christian Irene Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
7.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 5, 1996
Sold by
Burnstein Bill J and Burnstein Debra S
Bought by
Acosta Jesse and Acosta Rhea S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
7.95%
Mortgage Type
Seller Take Back
Source: Public Records

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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
Universal Global Development 1 Llc $450,000 American Title Svc Agcy Llc
Laing Alan $550,000 North American Title Co
Christian Hubert Edward -- --
Acosta Jesse $92,500 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Universal Global Development 1 Llc $350,000
Previous Owner Acosta Jesse $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $450,000 0.0% --
12/13/2019 12/13/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $450,000 -- --
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 $2,417 $52,311 $52,311 --
2024 $2,290 $49,820 $49,820 --
2023 $2,290 $53,790 $53,790 $0
2022 $2,245 $54,840 $54,840 $0
2021 $2,448 $51,165 $51,165 $0
2020 $2,408 $54,615 $54,615 $0
2019 $2,340 $49,695 $49,695 $0
2018 $2,261 $49,110 $49,110 $0
2017 $2,188 $50,100 $50,100 $0
2016 $2,180 $47,040 $47,040 $0
2015 $2,188 $43,424 $43,424 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5933446

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-20-016C