NOT LISTED FOR SALE

7715 E Cave Creek Rd Carefree, AZ 85377

Estimated Value: $1,197,000 - $1,458,000

4 Beds
3.5 Baths
4,562 Sq Ft
$288/Sq Ft Est. Value

Last Sold January 04, 2024

Last sale price $945,000 $207 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,028/month

44 Days on Market

Highlights

  • Guest House
  • Mountain View
  • Hydromassage or Jetted Bathtub
  • Black Mountain Elementary School Rated A-
  • Two Way Fireplace
  • No HOA

About This Home

As of January 2024

Price drop on the largest available lot in the area, under 1M! Perfect time to snag a beautiful piece of property with endless opportunities. 4562 of total combined square footage, this spacious, 3746sf single story, ranch style home offers an open layout, multiple patios, and private master quarters with room to easily convert it to a 5 or 6 bedroom home.
The adorable, 816sf detached casita is perfect for hosting guests or for rental income. The property sits on 1.5 acres of natural landscape with stunning mountain views 2 courtyards with plenty of room to entertain & store your water toys.
The community of Carefree provides art galleries, farmers market, nearby hiking and horseback riding trails with perfect distance between the valley and lakes.

Last Agent to Sell the Property

Ranette Oliver

Be Real Estate License #SA663614000 Listed on: 10/06/2023

Last Buyer's Agent

Katherine Siegel

Realty ONE Group License #SA691253000

Realty ONE Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,300

Year Built

  • Built in 1984

Lot Details

  • 1.57 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence

Parking

  • 2 Car Detached Garage
  • 4 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Property Attached
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Foam Roof

Interior Spaces

  • 4,562 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Two Way Fireplace
  • Double Pane Windows
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Screened Patio
  • Outdoor Storage

Additional Homes

  • Guest House

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Carefree Az Subdivision

Listing and Financial Details

  • Tax Lot 91
  • Assessor Parcel Number 216-83-091

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,300

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Cave Creek Rd & Tom Darlington
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1984
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.57
  • Subdivision Name: CAREFREE AZ
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 207.14
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, 2 Fireplace, Two Way Fireplace
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 4562.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Screened in Patio(s), Storage
  • Lot Features: Desert Back, Desert Front, Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Painted
  • Other Structures: Separate Guest House
  • Roof: Tile, Built-Up, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Screened in Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Detached
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features:Detached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • 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: 68239.0
  • Parcel #: 216-83-091

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2300.0
  • Tax Book Number: 216.00
  • Tax Lot: 91
  • Tax Map Number: 83.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Oct 6, 2023
Sold by
Rawles Linda S and Rawles Thomas V
Bought by
Be Property 2 Llc
Seller's Agent
Rod Chern
HomeSmart
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$860,000
Sold Price
$860,000
Views
98
Current Estimated Value
$1,311,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,771
Avg. Annual Appreciation
21.05%
Original Mortgage
$888,000
Outstanding Balance
$870,898
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$440,873

Purchase Details

Closed on
Apr 28, 2015
Sold by
Hinshaw George Clayton and Thomas V Rawles Qualified Pers
Bought by
Rawles Linda S and Rawles Thomas V

Purchase Details

Closed on
Apr 24, 2012
Sold by
Rawles Linda and Rawles Thomas
Bought by
Hinshaw George Clayton

Purchase Details

Closed on
Oct 7, 2008
Sold by
Panetti Leon P and Panetti Janey
Bought by
Rawles Linda and Rawles Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2001
Sold by
Panetti Leon P and Panetti Janey
Bought by
Panetti Leon P and Panetti Janey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.97%

Purchase Details

Closed on
Feb 1, 2000
Sold by
Panetti Leon P and Panetti Janey
Bought by
Panetti Leon P and Panetti Janey
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Be Property 2 Llc $860,000 Roc Title Agency
Rawles Linda S -- None Available
Hinshaw George Clayton -- None Available
Hinshaw George Clayton -- None Available
Rawles Linda $585,000 Equity Title Agency Inc
Panetti Leon P -- Grand Canyon Title Agency In
Panetti Leon P -- Grand Canyon Title Agency In
Panetti Leon P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Be Property 2 Llc $888,000
Previous Owner Rawles Linda $468,000
Previous Owner Panetti Leon P $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2024 01/04/24 Sold $945,000 0.0% $207 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/14/2023 11/14/23 Price Changed $945,000 -3.1% $207 / Sq Ft
10/07/2023 10/07/23 For Sale $975,000 -- $214 / 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 $1,861 $48,419 -- --
2024 $1,752 $46,113 -- --
2023 $1,752 $79,850 $15,970 $63,880
2022 $2,283 $61,410 $12,280 $49,130
2021 $2,562 $59,620 $11,920 $47,700
2020 $2,526 $54,960 $10,990 $43,970
2019 $2,449 $54,860 $10,970 $43,890
2018 $2,358 $51,230 $10,240 $40,990
2017 $2,273 $49,910 $9,980 $39,930
2016 $2,260 $45,950 $9,190 $36,760
2015 $2,138 $39,530 $7,900 $31,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6614932

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-83-091