NOT LISTED FOR SALE

9050 E Cave Creek Rd Unit 127 Carefree, AZ 85377

Desert Mountain Neighborhood

Estimated Value: $251,727 - $468,000

1 Acre
$371,682 Price per Acre
43,560 Sq Ft Lot

Last Sold June 27, 2022

Last sale price $275,000

Est. 35% increase in value since last sale

Current estimated payment $1,988/month

29 Days on Market

About This Lot

As of June 2022

Carefree Living! Build your Arizona Home to enjoy the incredible views with a panorama of mountain ranges, and spectacular Sunsets.

Last Agent to Sell the Property

Debbie Omundson

Russ Lyon Sotheby's International Realty License #BR043321000 Listed on: 03/24/2022

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Michelle O'Neill

Russ Lyon Sotheby's International Realty License #SA552316000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $430

Lot Details

  • 1 Acre Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned R-43

HOA Fees

  • $5 Monthly HOA Fees

Schools

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

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • Velvet Shadows Association, Phone Number (480) 575-8032
  • Velvet Shadows 3 Subdivision

Listing and Financial Details

  • Tax Lot 127
  • Assessor Parcel Number 219-11-145

Property Details

Property Type

Land

Est. Annual Taxes

$430

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Cross Street: Cave Creek Road/Pima
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: R-43
  • Tax Year: 2021
  • Directions: East on Cave Creek road to property on the north.
  • Lot Size Acres: 1.0
  • Subdivision Name: Velvet Shadows 3
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Mountain View(s), North/South Exp
  • Disclosures: Seller Prop Disc Stm, None
  • Other Structures: None

Utilities

  • Electric: Other (See Rmks), APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 60.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: 480-575-8032
  • HOA Transfer Fee: 150.0
  • Association Fee: 60.0
  • Association Fee Frequency: Annually
  • Association Name: Velvet Shadows
  • Phone: 480-575-8032
  • Association: Yes

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: 43434.0
  • Number Of Lots: 2
  • Additional Parcels: Yes
  • Parcel #: 219-11-145
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 430.0
  • Tax Book Number: 219.00
  • Tax Lot: 127
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Jun 15, 2022
Sold by
Dm19 Llc
Bought by
Outlaw 67 Llc
Seller's Agent
Debbie Omundson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Michelle O'Neill
Russ Lyon Sotheby's International Realty
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Current Estimated Value
$371,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,682
Avg. Annual Appreciation
9.47%

Purchase Details

Closed on
Dec 30, 2010
Sold by
Desert Mountain Properties Limited Partn
Bought by
Dm Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000,000
Interest Rate
4.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 1997
Sold by
Desert Mountain Development Company Inc
Bought by
Desert Mountain Properties
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Outlaw 67 Llc $275,000 First Arizona Title
Dm Real Estate Holdings Llc $11,125,000 Chicago Title Insurance Co
Desert Mountain Properties -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dm Real Estate Holdings Llc $47,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2022 06/27/22 Sold $275,000 -6.8% --
03/23/2022 03/23/22 For Sale $295,000 -- --
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 $411 $8,856 $8,856 --
2024 $388 $8,434 $8,434 --
2023 $388 $12,810 $12,810 $0
2022 $380 $7,650 $7,650 $0
2021 $430 $8,070 $8,070 $0
2020 $423 $7,710 $7,710 $0
2019 $411 $7,815 $7,815 $0
2018 $397 $10,470 $10,470 $0
2017 $384 $10,140 $10,140 $0
2016 $383 $10,380 $10,380 $0
2015 $384 $8,672 $8,672 $0
Source: Public Records

Agents Affiliated with this Home

  • Debbie Omundson

    Seller's Agent in 2022

    Debbie Omundson

    Russ Lyon Sotheby's International Realty

    (480) 375-1522

    2 in this area

    114 Total Sales

    Debbie Omundson
    Section Image
  • Michelle O'Neill

    Buyer's Agent in 2022

    Michelle O'Neill

    Russ Lyon Sotheby's International Realty

    (480) 776-9958

    39 in this area

    78 Total Sales

    Michelle O'Neill
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6372929

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-11-145

Arizona Maricopa County Carefree 85262 Desert Mountain

9050 E Cave Creek Rd Unit 127, Carefree, AZ

This home is located at 9050 E Cave Creek Rd Unit 127, Carefree, AZ 85377 since 24 March 2022 and is currently estimated at $371,682. 9050 E Cave Creek Rd Unit 127 is a home located in Maricopa County with nearby schools including Black Mountain Elementary School, Cactus Shadows High School, and Sonoran Trails Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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