For sale

$125,000

18202 N CAVE CREEK Road #240, Phoenix, AZ 85032

2beds

836sqft

$1,170/mo

Get pre-qualified

Apartment

Built in 1983

-- sqft lot

$117,700 Zestimate^®

$150/sqft

$375/mo HOA

What's special

Lush landscaping

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 $1200/mo. with room to raise rent. month to month lease.

120 days

120

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
Laundry: None

Features

High Speed Internet, Eat-in Kitchen, 3/4 Bath Master Bdrm
Flooring: Laminate, Wood
Windows: Solar 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, Permit Required
Carport spaces: 1

Features

Stories: 1
Spa features: None
Fencing: None

Lot

Size: 85 Square Feet
Features: None

Details

Parcel number: 21407144

Construction

Type & style

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

Materials

Stucco, Wood Frame, Painted
Roof: Built-Up

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: Insurance, Sewer, Pest Control, Maintenance Grounds, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior
HOA fee: $375 monthly
HOA name: Peterson Group
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: 4/18/2026
Cumulative days on market: 121 days
Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
Ownership: Fee Simple
Road surface type: Asphalt

Estimated market value

$117,700

$112,000 - $124,000

$1,305/mo

Price history

Date	Event	Price
4/18/2026	Listed for sale	$125,000$150/sqft
Source: ARMLS #7016285 Report a problem
7/31/2025	Listing removed	$125,000$150/sqft
Source: ARMLS #6823702 Report a problem
2/20/2025	Listed for sale	$125,000-3.8%$150/sqft
Source: ARMLS #6823702 Report a problem
12/13/2023	Listing removed	--
Source: ARMLS #6234963 Report a problem
8/13/2021	Listing removed	$130,000$156/sqft
Source: ARMLS #6234963 Report a problem
5/12/2021	Listed for sale	$130,000+118.5%$156/sqft
Source: ARMLS #6234963 Report a problem
8/14/2019	Sold	$59,500$71/sqft
Source: Public Record 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 +3.7%	$2,830 +33.5%
2015	$180	$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