For sale

$125,000

18202 N CAVE CREEK Road #216, Phoenix, AZ 85032

2beds

836sqft

$1,222/mo

Get pre-qualified

Apartment

Built in 1983

-- sqft lot

$-- Zestimate^®

$150/sqft

$375/mo HOA

What's special

Lush landscaping

Remodeled 2 bed / 1 bath condo. Great investment property for investors. Close to 101/FRWY AND SR 51 Minutes from Desert ridge Market Place This complex offers amenities like a pool, Lush Landscaping. close to shopping and dining. Tenant in place. Current rent $1075/mo with room to raise rent. month to month lease.

166 days
121
5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Electric

Cooling

Central Air

Appliances

Included: Refrigerator, Dishwasher, Disposal, Electric Range, Electric Oven, Electric Cooktop
Laundry: None

Features

High Speed Internet, Eat-in Kitchen, Laminate Counters
Flooring: Laminate, Vinyl
Windows: Screens
Has basement: No
Has fireplace: No

Interior area

Total structure area: 836
Total interior livable area: 836 sqft

Property

Parking

Total spaces: 1
Parking features: Attached Carport, Assigned, Community Structure, Permit Required
Carport spaces: 1

Features

Stories: 2
Spa features: None
Fencing: None

Lot

Size: 816 Square Feet
Features: Gravel/Stone Front, Gravel/Stone Back

Details

Parcel number: 21407120

Construction

Type & style

Home type: Apartment
Architectural style: See Remarks
Property subtype: Apartment
Attached to another structure: Yes

Materials

Stucco, Wood Frame, Painted
Roof: Other

Condition

Year built: 1983

Utilities & green energy

Sewer: Public Sewer
Water: City Water

Community & HOA

Community

Features: Pool, Near Bus Stop, Community Laundry, Coin-Op Laundry
Subdivision: MOUNTAIN SPRINGS TERRACE CONDOMINIUM

HOA

Has HOA: Yes
Services included: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior
HOA fee: $375 monthly
HOA name: Peterson Company
HOA phone: 480-513-6846

Location

Region: Phoenix

Financial & listing details

Price per square foot: $150/sqft
Tax assessed value: $106,600
Annual tax amount: $240
Date on market: 4/17/2026
Cumulative days on market: 166 days
Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
Ownership: Fee Simple
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

$1,428/mo

Price history

Date	Event	Price
4/18/2026	Listed for sale	$125,000+4.2%$150/sqft
Source: ARMLS #7016269 Report a problem
6/22/2021	Sold	$120,000+4.3%$144/sqft
Source: Public Record Report a problem
3/31/2021	Sold	$115,000+139.6%$138/sqft
Source: ARMLS #6199252 Report a problem
1/17/2018	Sold	$48,000-2%$57/sqft
Source: ARMLS #5694180 Report a problem
1/1/2018	Listed for sale	$49,000$59/sqft
Source: Lake Pleasant Real Estate #5694180 Report a problem
1/1/2018	Pending sale	$49,000$59/sqft
Source: Lake Pleasant Real Estate #5694180 Report a problem
12/2/2017	Listed for sale	$49,000$59/sqft
Source: Lake Pleasant Real Estate #5694180 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$236 +2.6%	$10,660 +5.4%
2024	$230 +2%	$10,110 +374%
2023	$225 -0.7%	$2,133 -64%
2022	$227 +2.9%	$5,920 +9.6%
2021	$221 -0.1%	$5,400 +3.6%
2020	$221 +3.4%	$5,210 +8.1%
2019	$214	$4,820 +27.5%
2018	$214 +4.3%	$3,780 +22.7%
2017	$205 +9.8%	$3,080 +8.8%
2016	$186	$2,830 +33.5%
2015	$186	$2,120 +36.8%
2014	--	$1,550 +24%
2013	--	$1,250 -10.7%
2012	--	$1,400 -75.4%
2011	--	$5,700 -0.9%
2010	--	$5,750 -25.3%
2009	--	$7,700 -1.9%
2008	--	$7,850 +6.1%
2007	--	$7,400 +51%
2006	--	$4,900
2005	--	$4,900 +53.1%
2004	--	$3,200 -43.9%
2003	--	$5,700 +99.3%
2002	--	$2,860