NOT LISTED FOR SALE

8967 E Lazywood Place Carefree, AZ 85377

Estimated Value: $868,000 - $1,359,000

4 Beds
3.5 Baths
2,830 Sq Ft
$379/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $640,000 $226 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,742/month

173 Days on Market

Highlights

  • Mountain View
  • Vaulted Ceiling
  • 2 Fireplaces
  • Black Mountain Elementary School Rated A-
  • Wood Flooring
  • Heating Available

About This Home

As of March 2023

A unique custom build on over an acre in sought after Carefree Velvet Shadows with views to the North, South & West, capturing Pinnacle Peak, Black Mountain & the Continentals. This 1965 build was inspired by the architecture of Frank Lloyd Wright & has great bones & potential! Seeking Buyers/Investors with the vision to transform then re-market for substantial gains! Area remodels of similar size & lots are selling for $1.2 million plus! Don't miss out! PRICE IMPROVEMENT! BACK ON MARKET. Seller is ready to deal!

Last Agent to Sell the Property

John Trojan

Coldwell Banker Realty License #SA570561000 Listed on: 09/24/2022

Coldwell Banker Realty

Last Buyer's Agent

Jennifer Patnode

Desert Dream Realty License #BR516334000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,812

Year Built

  • Built in 1965

Lot Details

  • 1.13 Acre Lot
  • Desert faces the front and back of the property
  • Sprinklers on Timer

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Concrete Roof

Interior Spaces

  • 2,830 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Mountain Views
  • Finished Basement

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Septic Tank

Community Details

  • Association fees include (see remarks)
  • Cactus Shadows Association, Phone Number (480) 575-8032
  • Carefree Shadows Subdivision

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 219-11-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,812

Year Built

Built in 1965

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • Cross Street: Cave Creek Road and Pima
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • 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: Y
  • Updated Roof: Full
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1965
  • Tax Year: 2021
  • Directions: North on Pima Road. At Cave Creek Road turn Right. First street past Pima is Milky Way,turn Right into Carefree Shadows, Right on Lazywood, 3rd house on left to 8967.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.13
  • Subdivision Name: CAREFREE SHADOWS
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 60.0
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished
  • Flooring: Carpet, Laminate, Linoleum, Wood
  • Basement YN: Yes
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s), Full Bth Master Bdrm
  • Living Area: 2830.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Basement Description:Finished2: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Natural Desert Back, Auto Timer H2O Front, Natural Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Frame - Wood, Slump Block
  • Property Condition: Fixer
  • Roof: Concrete
  • Construction:Frame - Wood: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: Other
  • Association Fee: 60.0
  • Association Fee Frequency: Annually
  • Association Name: Cactus Shadows
  • Phone: 480-575-8032
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Cactus Shadows
  • Association Fees:HOA Telephone4: 480-575-8032
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

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: 49264.0
  • Parcel #: 219-11-041
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1812.0
  • Tax Book Number: 219.00
  • Tax Lot: 32
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2022
Closed on
Mar 31, 2023
Sold by
Renwick Robert
Bought by
Bradshaw Living Trust
Seller's Agent
John Trojan
Coldwell Banker Realty
Buyer's Agent
Jennifer Patnode
Desert Dream Realty
List Price
$765,000
Sold Price
$640,000
Premium/Discount to List
-$125,000
-16.34%
Views
79
Current Estimated Value
$868,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,516
Avg. Annual Appreciation
17.15%

Purchase Details

Closed on
Feb 5, 2010
Sold by
Chase Home Finance Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 4, 2004
Sold by
Raymond Charles E and Raymond Jeannie M
Bought by
M & A Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.24%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bradshaw Living Trust $640,000 First American Title Insurance
Federal National Mortgage Association -- First American Title
Jpmorgan Chase Bank Na $381,896 First American Title
M & A Properties Llc $450,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner M & A Properties Llc $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $640,000 -16.3% $226 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $765,000 0.0% $270 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
12/02/2022 12/02/22 Price Changed $765,000 -12.6% $270 / Sq Ft
11/05/2022 11/05/22 Price Changed $875,000 -6.9% $309 / Sq Ft
09/22/2022 09/22/22 For Sale $940,000 -- $332 / 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 $1,749 $45,495 -- --
2024 $1,646 $43,328 -- --
2023 $1,646 $56,380 $11,270 $45,110
2022 $1,613 $39,300 $7,860 $31,440
2021 $1,812 $37,470 $7,490 $29,980
2020 $1,796 $37,010 $7,400 $29,610
2019 $1,742 $36,530 $7,300 $29,230
2018 $1,676 $35,000 $7,000 $28,000
2017 $1,616 $33,020 $6,600 $26,420
2016 $1,607 $33,870 $6,770 $27,100
2015 $1,521 $28,800 $5,760 $23,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6468453

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-11-041