7440 E Cave Creek Rd Carefree, AZ 85377
Estimated payment $14,035/month
Highlights
- Heated Community Pool
- Cooling Available
- Ceiling Fan
- Black Mountain Elementary School Rated A-
- Community Barbecue Grill
- 4-minute walk to Sundial Park
About This Home
Nestled in the tranquil heart of Carefree, this beautifully renovated multifamily property offers 8 distinct units, each thoughtfully restored to blend vintage character with modern conveniences. Every inch of the property has been updated with attention to detail, featuring brand-new custom kitchens with ample storage, new custom bathrooms, vinyl plank flooring, new windows, and new fans and fixtures. Each unit is equipped with new in-unit washer/dryers, updated HVAC systems, new hot water heaters, ensuring comfort and convenience throughout.Residents can enjoy new outdoor amenities, including a sparkling pool and putting green. The property comprises four spacious 2-bedroom/1-bath units and four 1-bedroom/1-bath units, offering a variety of living options.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,324
Year Built
- Built in 1963
Home Design
- Brick Exterior Construction
Interior Spaces
- Ceiling Fan
- Vinyl Flooring
Parking
- 9 Open Parking Spaces
- 9 Parking Spaces
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tax Lot 321
- Assessor Parcel Number 216-83-316-C
Community Details
Overview
- 2 Buildings
- 8 Units
- Building Dimensions are 32,352 sq ft.
- Carefree Too Subdivision
Amenities
- Community Barbecue Grill
Recreation
- Heated Community Pool
Building Details
- Operating Expense $32,586
- Gross Income $189,280
- Net Operating Income $156,937
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,324 | $28,653 | -- | -- |
| 2024 | $1,254 | $27,289 | -- | -- |
| 2023 | $1,254 | $65,960 | $13,190 | $52,770 |
| 2022 | $1,229 | $47,000 | $9,400 | $37,600 |
| 2021 | $1,341 | $44,680 | $8,930 | $35,750 |
| 2020 | $1,319 | $38,250 | $7,650 | $30,600 |
| 2019 | $1,282 | $35,180 | $7,030 | $28,150 |
| 2018 | $1,238 | $32,230 | $6,440 | $25,790 |
| 2017 | $1,199 | $28,110 | $5,620 | $22,490 |
| 2016 | $1,194 | $27,450 | $5,490 | $21,960 |
| 2015 | $1,124 | $24,860 | $4,970 | $19,890 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2025 03/24/25 | For Sale | $2,495,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $900,000 | Fidelity Natl Ttl Agcy Inc | |
| Warranty Deed | -- | Commonwealth Land Ttl Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $800,000 | New Conventional | |
| Open | $1,260,000 | Commercial |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6839986
APN: 216-83-316C
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.
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
- 7402 E Carefree Dr Unit 214
- 7402 E Carefree Dr Unit 319
- 7402 E Carefree Dr Unit 209
- 6336 E Applegate Way Unit 41
- 7530 E Nonchalant Ave
- 37267 NE Greythorn Cir
- 7502 E Carefree Dr Unit 106
- 37170 NE Greythorn Cir
- 37202 NE Greythorn Cir
- 96 Almarte Dr
- 95 Almarte Dr
- 37618 N Tranquil Trail Unit 9
- 1 Easy St Unit 11
- 1 Easy St Unit 7
- 1 Easy St Unit 6
- 1 Easy St Unit 3
- 1 Easy St Unit 12
- 1 Easy St Unit 17
- 37616 N Tranquil Trail Unit 1
- 37612 N Tranquil Trail Unit 6