NOT LISTED FOR SALE

40800 N 26th St Cave Creek, AZ 85331

Estimated Value: $417,000 - $426,701

4.93 Acres
$85,887 Price per Acre
214,751 Sq Ft Lot

Last Sold January 14, 2025

Last sale price $425,000

Current estimated payment $2,502/month

85 Days on Market

Highlights

  • Horses Allowed On Property
  • City Lights View
  • Horse Trails
  • Desert Mountain Middle School Rated A-
  • No HOA
  • Property is near a preserve or public land

About This Lot

As of January 2025

Beautiful views from an amazing 5-acre lot in Cave Creek, perfect for building your dream home. Includes a private well with a newer pump and future electric would be located in the northwest corner. Check the document tabs for all the permits and plans already in progress, including the drainage report, grading, dust control permit, perk test, on-site wastewater report, trenching agreement, Arizona 811 locate request ticket, and plans for a 40x80 Barndominium and a 40x60 shop.
A new 200 ft road was recently paved on 26th St, with an additional 250 ft to the west. The private well pump is set at 420 ft, and the well is approximately 500 ft deep, with water flowing at 7 gallons per minute when last tested. The property is fully fenced and build ready. Cave Creek's sunsets are amazing. This is a perfect horse property with trails right out of your backyard, along with nearby hiking trails.

Last Listed By

Jay Bru

My Home Group Real Estate License #SA670221000 Listed on: 08/26/2024

My Home Group Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,652

Lot Details

  • 4.93 Acre Lot
  • Wood Fence
  • Wire Fence
  • Property is zoned D-5A

Property Views

  • City Lights
  • Mountain

Additional Features

  • North or South Exposure
  • Horses Allowed On Property
  • Well

Listing and Financial Details

  • Assessor Parcel Number 211-64-041

Community Details

Overview

  • No Home Owners Association
  • Property is near a preserve or public land

Recreation

  • Horse Trails

Property Details

Property Type

Land

Est. Annual Taxes

$1,652

Lot Details

0

Listing Details

  • Cross Street: 24TH ST AND CLOUD
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Plans Available
  • Zoning: D-5A
  • Tax Year: 2023
  • Directions: Cross streets are 24st and Joy Ranch rd North on 24st which turns into 26st
  • Horses: Yes
  • Lot Size Acres: 4.93
  • Road Surface Type: Gravel
  • Co List Office Mls Id: myhg02
  • Co List Office Phone: 480-685-2760
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Ranch, Rural

Exterior Features

  • Fencing: Wood, Wire
  • Lot Features: City Light View(s), Mountain View(s), North/South Exp, Borders Pres/Pub Lnd
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: Domestic Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Deer Valley Unified District

Lot Info

  • Lot Size: 441X446
  • Horse Amenities: Bridle Path Access
  • Lot Size Sq Ft: 214776.0
  • Additional Parcels: No
  • Parcel #: 211-64-041
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1652.0
  • Tax Book Number: 211.00
  • Tax Lot: -
  • Tax Map Number: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Jan 10, 2025
Sold by
Hoofie Inc
Bought by
Todd
Seller's Agent
Jay Bru
My Home Group Real Estate
Buyer's Agent
Ceejay Cesiel
SERHANT.
List Price
$529,900
Sold Price
$425,000
Premium/Discount to List
-$104,900
-19.8%
Total Days on Market
85
Views
12
Current Estimated Value
$423,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,575
Avg. Annual Appreciation
-1.32%

Purchase Details

Closed on
Mar 17, 2022
Sold by
Ibat Llc
Bought by
Hoofie Inc

Purchase Details

Closed on
Sep 21, 2017
Sold by
Anb Bank
Bought by
Ibat Llc

Purchase Details

Closed on
Feb 14, 2006
Sold by
Holder Thomas B and Denise Holder S
Bought by
Richard B Shepard Rollover Ira #413400

Purchase Details

Closed on
Dec 23, 2002
Sold by
Shepard Richard B
Bought by
The Crossing Of Fountain Hills Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2001
Sold by
Shepard Judy L
Bought by
Shepard Richard B

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
Todd $425,000 Magnus Title Agency
Hoofie Inc $480,000 First American Title
Ibat Llc -- Accommodation
Richard B Shepard Rollover Ira #413400 $545,000 Capital Title Agency Inc
The Crossing Of Fountain Hills Llc -- Transnation Title Insurance
Shepard Richard B -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Crossing Of Fountain Hills Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2025 01/14/25 Sold $425,000 -1.1% --
11/20/2024 11/20/24 Pending -- -- --
11/02/2024 11/02/24 Price Changed $429,900 -2.3% --
10/28/2024 10/28/24 Price Changed $439,900 -2.2% --
10/20/2024 10/20/24 Price Changed $449,900 -2.2% --
10/11/2024 10/11/24 Price Changed $459,900 -2.1% --
10/06/2024 10/06/24 Price Changed $469,900 -2.1% --
10/01/2024 10/01/24 Price Changed $479,900 -2.0% --
09/23/2024 09/23/24 Price Changed $489,900 -2.0% --
09/17/2024 09/17/24 Price Changed $499,900 -5.7% --
08/26/2024 08/26/24 For Sale $529,900 -- --
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 $1,669 $20,499 $20,499 --
2024 $1,652 $19,523 $19,523 --
2023 $1,652 $37,020 $37,020 $0
2022 $1,600 $23,370 $23,370 $0
2021 $1,669 $28,650 $28,650 $0
2020 $1,649 $31,125 $31,125 $0
2019 $1,608 $33,465 $33,465 $0
2018 $1,561 $31,125 $31,125 $0
2017 $1,512 $27,030 $27,030 $0
2016 $1,432 $23,055 $23,055 $0
2015 $1,399 $18,544 $18,544 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6747058

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-64-041