NOT LISTED FOR SALE

8937 E Cave Creek Rd Carefree, AZ 85377

Estimated Value: $892,000 - $1,133,000

4 Beds
2.5 Baths
2,700 Sq Ft
$382/Sq Ft Est. Value

Last Sold July 13, 2019

Last sale price $534,000 $198 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,647/month

182 Days on Market

Highlights

  • Mountain View
  • Santa Fe Architecture
  • Granite Countertops
  • Black Mountain Elementary School Rated A-
  • Hydromassage or Jetted Bathtub
  • Private Yard

About This Home

As of July 2019

Motivated Seller, come see this today! Situated in the middle of a large lot, the natural desert shows itself in every room of the home. Inside this hacienda are special touches such as adobe fireplace, custom cabinetry, stainless steel appliances, huge master suite, split floor-plan and don't even get me started on the storage, it's everywhere! Walk in closets, great pantry, laundry room is loaded with cabinets, plus there's a lot more in the garage! If you dream of a home that is close to everything but feels like the middle of nowhere, this is it!,

Last Agent to Sell the Property

Lauri Cooney

Berkshire Hathaway HomeServices Arizona Properties License #SA572026000 Listed on: 12/03/2018

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

John Beckstrom

HomeSmart License #SA648916000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,982

Year Built

  • Built in 1995

Lot Details

  • 1.13 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 2,700 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Family Room with Fireplace
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Intercom

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Carefree Shadows HOA, Phone Number (480) 575-8032
  • Velvet Shadows 3 Subdivision

Listing and Financial Details

  • Tax Lot 105
  • Assessor Parcel Number 219-11-123

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,982

Year Built

Built in 1995

Lot Details

0

HOA Fees

$5 per month

Parking

3

Listing Details

  • Cross Street: Pima Rd & Cave Creek Rd
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 5.0
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2016
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2009
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2008
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Tax Year: 2018
  • Directions: East on Cave Creek from Pima, home on south side of road.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.13
  • Subdivision Name: VELVET SHADOWS 3
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 60.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Other Equipment: Intercom
  • Accessibility Features: Zero-Grade Entry
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 2700.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Desert Back, Desert Front, Natural Desert Back, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 60.0
  • Association Fee Frequency: Annually
  • Association Name: Carefree Shadows HOA
  • Phone: 480-575-8032
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Carefree Shadows HOA
  • Association Fees:HOA Telephone4: 480-575-8032
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 49303.0
  • Parcel #: 219-11-123

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 1982.0
  • Tax Book Number: 219.00
  • Tax Lot: 105
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2018
Closed on
Jun 26, 2019
Sold by
Smith Myohanen Cherie A
Bought by
Pelura Philip J and Maroni Lisa J
Seller's Agent
Lauri Cooney
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
John Beckstrom
HomeSmart
List Price
$599,000
Sold Price
$534,000
Premium/Discount to List
-$65,000
-10.85%
Current Estimated Value
$1,042,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,856
Avg. Annual Appreciation
11.03%
Original Mortgage
$427,000
Outstanding Balance
$374,703
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$656,759

Purchase Details

Closed on
Jun 29, 2007
Sold by
Reynolds Joseph and Reynolds Mary Louise
Bought by
Myohanen Sami P and Smith Myohanen Cherie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2004
Sold by
Sandoval Valerio and Sandoval Colleen F
Bought by
Reynolds Joseph and Reynolds Mary Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.37%
Mortgage Type
Trade
Source: Public Records

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
Pelura Philip J $534,000 Title Alliance Platinum Agcy
Myohanen Sami P $599,000 Great American Title Agency
Reynolds Joseph $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelura Philip J $427,000
Previous Owner Myohanen Sami P $479,200
Previous Owner Reynolds Joseph $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2019 07/13/19 Sold $534,000 -2.7% $198 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
04/24/2019 04/24/19 Price Changed $549,000 -2.8% $203 / Sq Ft
04/10/2019 04/10/19 Price Changed $565,000 -1.7% $209 / Sq Ft
03/22/2019 03/22/19 Price Changed $575,000 -1.7% $213 / Sq Ft
02/09/2019 02/09/19 Price Changed $585,000 -2.3% $217 / Sq Ft
12/03/2018 12/03/18 For Sale $599,000 -- $222 / 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 $2,081 $54,128 -- --
2024 $1,959 $51,551 -- --
2023 $1,959 $68,160 $13,630 $54,530
2022 $1,919 $50,900 $10,180 $40,720
2021 $2,154 $48,900 $9,780 $39,120
2020 $2,123 $47,180 $9,430 $37,750
2019 $2,059 $46,520 $9,300 $37,220
2018 $1,982 $43,210 $8,640 $34,570
2017 $1,910 $38,850 $7,770 $31,080
2016 $1,900 $38,660 $7,730 $30,930
2015 $1,798 $33,230 $6,640 $26,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5855330

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-11-123