NOT LISTED FOR SALE

37801 N Cave Creek Rd Unit 5 Cave Creek, AZ 85331

Estimated Value: $570,429

3 Beds
2 Baths
1,616 Sq Ft
$353/Sq Ft Est. Value

Last Sold December 27, 2024

Last sale price $575,000 $356 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,678/month

4 Days on Market

Highlights

  • Mountain View
  • Private Yard
  • Eat-In Kitchen
  • Black Mountain Elementary School Rated A-
  • Heated Community Pool
  • Double Pane Windows

About This Home

As of December 2024

Fabulous combination of whimsical, contemporary design by Calvin Costello of The Ranch Mine (national award-winning architecture firm) and highly sought after location; this is your ideal Cave Creek lock and leave. Taken down to the studs in 2014, built with efficiency & sophisticated taste in mind, this home is move in ready. Rare 3 bedroom unit with 2 car, enclosed garage, community pool. Primary suite is generous featuring en-suite bath. Living spaces are open, infused with natural light, concrete flooring throughout and zero interior steps. Kitchen is sleek and streamlined with oversized island that offers seating for two. Roof recoated in 2023, newer mechanical systems, electric bills average less than $100 per month. Walk to town for shopping and dining, this home is a rare find.

Last Listed By

Courtney Woods Olson

Russ Lyon Sotheby's International Realty License #SA652759000 Listed on: 12/02/2024

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,130

Year Built

  • Built in 1974

Lot Details

  • 181 Sq Ft Lot
  • 1 Common Wall
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Private Yard

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Patio Home
  • Property Attached
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,616 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Concrete Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet

Additional Features

  • No Interior Steps
  • Patio

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 211-12-046

Community Details

Overview

  • Association fees include insurance, ground maintenance, street maintenance, front yard maint, trash, maintenance exterior
  • Associated Property Association, Phone Number (480) 941-1077
  • Built by Bennie Gonzales
  • Rancho Villas Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,130

Year Built

Built in 1974

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Cross Street: Cave Creek Road and Carefree Highway
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 400.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1974
  • Tax Year: 2024
  • Directions: North on Cave Creek Road, East to Skyline, continue to #5 on right
  • Property Sub Type: Patio Home
  • Horses: No
  • Co List Office Mls Id: lyon05
  • Co List Office Phone: 480-488-2400
  • Subdivision Name: RANCHO VILLAS
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 400.0
  • Special Features: None

Interior Features

  • Flooring: Concrete
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Kitchen Island, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1616.0
  • Stories: 1
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio, Private Yard
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Painted, Stucco, Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 400.0
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Villas
  • Phone: 480-941-1077
  • 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: Monthly
  • Association Fees:HOA Name4: Rancho Villas
  • Association Fees:HOA Telephone4: 480-941-1077
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Associated Property
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Maintenance Exterior

Schools

  • Junior High Dist: Cave Creek Unified District

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 181.0
  • Parcel #: 211-12-046
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Bennie Gonzales

Tax Info

  • Tax Annual Amount: 1130.0
  • Tax Book Number: 211.00
  • Tax Lot: 3
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
Dec 20, 2024
Sold by
Ross-Marsteller Revocable Trust and Marsteller Michael J
Bought by
Morgan William H
Seller's Agent
Courtney Woods Olson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Christie Kinchen
Twins & Co. Realty, LLC
List Price
$575,000
Sold Price
$575,000
Total Days on Market
4
Views
7
Current Estimated Value
$570,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,571
Avg. Annual Appreciation
-2.39%
Original Mortgage
$425,000
Outstanding Balance
$423,903
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$146,526

Purchase Details

Listed on
Jan 31, 2013
Closed on
Mar 26, 2013
Sold by
Friedkin Barbara N
Bought by
Marsteller Michael J and Ross Eve
Seller's Agent
Charles Teller
DeLex Realty
Buyer's Agent
Rebecca Hiniker
Realty ONE Group
List Price
$258,888
Sold Price
$233,000
Premium/Discount to List
-$25,888
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Apr 10, 2006
Sold by
Friedkin Barbara N
Bought by
Friedkin Barbara N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 2, 2002
Sold by
Nikdeirf Llc
Bought by
Friedkin Barbara N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.28%

Purchase Details

Closed on
Jan 8, 2001
Sold by
Friedkin Barbara N
Bought by
Nikdeirf Llc

Purchase Details

Closed on
Jan 17, 2000
Sold by
Ati Title Agency Of Arizona Inc
Bought by
Friedkin Barbara N

Purchase Details

Closed on
Oct 31, 1996
Sold by
Friedkin Raymond M and Friedkin Muriel
Bought by
United Title Agency Of Arizona Inc and Trust #1972

Purchase Details

Closed on
Oct 25, 1995
Sold by
Nunn Dorothy C
Bought by
Friedkin Raymond M and Friedkin Muriel

Purchase Details

Closed on
Jun 28, 1995
Sold by
Medar Douglas S and Nunn Dorothy C
Bought by
Nunn Dorothy C

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
Morgan William H $575,000 Magnus Title Agency
Morgan William H $575,000 Magnus Title Agency
Marsteller Michael J $233,000 Pioneer Title Agency Inc
Friedkin Barbara N -- Accommodation
Friedkin Barbara N -- Grand Canyon Title Agency In
Nikdeirf Llc -- --
Friedkin Barbara N -- Ati Title Agency
United Title Agency Of Arizona Inc -- United Title Agency
Friedkin Raymond M $105,000 United Title Agency
Nunn Dorothy C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan William H $425,000
Closed Morgan William H $425,000
Previous Owner Marsteller Michael J $185,000
Previous Owner Friedkin Barbara N $120,000
Previous Owner Friedkin Barbara N $82,000
Previous Owner Friedkin Barbara N $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $575,000 0.0% $356 / Sq Ft
12/02/2024 12/02/24 For Sale $575,000 +146.8% $356 / Sq Ft
04/02/2013 04/02/13 Sold $233,000 -1.9% $144 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
03/10/2013 03/10/13 Price Changed $237,500 -3.0% $147 / Sq Ft
03/03/2013 03/03/13 Price Changed $244,888 -1.8% $152 / Sq Ft
03/02/2013 03/02/13 Price Changed $249,450 -0.2% $154 / Sq Ft
02/18/2013 02/18/13 Price Changed $249,888 -3.5% $155 / Sq Ft
01/31/2013 01/31/13 For Sale $258,888 -- $160 / 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 $1,130 $24,458 -- --
2024 $1,071 $23,293 -- --
2023 $1,071 $30,220 $6,040 $24,180
2022 $1,049 $26,850 $5,370 $21,480
2021 $1,145 $26,970 $5,390 $21,580
2020 $1,126 $25,150 $5,030 $20,120
2019 $1,094 $23,230 $4,640 $18,590
2018 $1,057 $22,300 $4,460 $17,840
2017 $1,023 $20,250 $4,050 $16,200
2016 $1,019 $19,360 $3,870 $15,490
2015 $959 $16,830 $3,360 $13,470
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6789470

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-12-046