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Sold for $490,000
  • $490,000

    31232 N 40TH Place, Cave Creek, AZ 85331

    3beds
    2baths
    1,535sqft
    Single Family Residence
    Built in 1994
    4,392 Square Feet Lot
    $486,700 Zestimate®
    $319/sqft
    $2,745 Estimated rent

    Home value

    $486,700

    $443,000 - $535,000

    $2,745/mo

    Zestimate® history
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    What's special

    Open light-filled layoutPristine arizona state landSerene backyard oasisUnmatched privacyStunning desert viewsBrand-new appliances
    Beautifully updated 3 bed/2 bath home in sought-after Tatum Ranch! This property features all brand-new appliances and backs directly to pristine Arizona State Land, offering stunning desert views and unmatched privacy. Enjoy an open, light-filled layout with spacious living areas, perfect for entertaining or relaxing. Step outside to your serene backyard oasis with pool and no rear neighbors and endless natural beauty. A rare opportunity to own a turn-key home with premium upgrades in a peaceful setting!

    Zillow last checked:

    Listing updated:

    Listed by:

    Manuel Alvarez 480-766-1190,

    Stag Realty AZ

    Bought with:

    Manuel Alvarez, BR684647000

    Stag Realty AZ

    Source: ARMLS,MLS#: 6891414MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Features
    • Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Laminate, Tile
    • Windows: Double Pane Windows
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 1,535
    • Total interior livable area: 1,535 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage, Open
    • Garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Stories: 1
    • Has private pool: Yes
    • Pool features: Fenced
    • Spa features: None
    • Fencing: Block,Wrought Iron
    Lot
    • Size: 4,392 Square Feet
    • Features: Desert Back, Desert Front
    Details
    • Parcel number: 21162361

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame
    • Roof: Tile
    Condition
    • Year built: 1994
    Details
    • Builder name: Saddleback Homes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Subdivision: TATUM RANCH PARCEL 9A
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds
    • HOA fee: $98 quarterly
    • HOA name: Tatum Ranch
    • HOA phone: 480-473-1763
    Location
    • Region: Cave Creek

    Financial & listing details

    • Price per square foot: $319/sqft
    • Tax assessed value: $406,000
    • Annual tax amount: $1,420
    • Date on market: 9/4/2025
    • Cumulative days on market: 83 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/2/2025Sold$490,000-2%$319/sqft
    Source: ARMLS #6891414 Report a problem
    10/2/2025Pending sale$499,900$326/sqft
    Source: ARMLS #6891414 Report a problem
    8/29/2025Price change$499,900-6.5%$326/sqft
    Source: ARMLS #6891414 Report a problem
    7/11/2025Listed for sale$534,900+7.1%$348/sqft
    Source: ARMLS #6891414 Report a problem
    1/17/2023Sold$499,500$325/sqft
    Source: ARMLS #6484332 Report a problem
    11/2/2022Listed for sale$499,500+68.2%$325/sqft
    Source: ARMLS #6484332 Report a problem
    5/31/2017Listing removed$297,000$193/sqft
    Source: Riddle Realty #5597309 Report a problem
    4/28/2017Listed for sale$297,000+7.7%$193/sqft
    Source: Riddle Realty #5597309 Report a problem
    8/4/2015Sold$275,750-4.7%$180/sqft
    Source: Public Record Report a problem
    6/23/2015Price change$289,500+0.9%$189/sqft
    Source: West USA Realty #5271925 Report a problem
    6/18/2015Price change$286,900-0.2%$187/sqft
    Source: West USA Realty #5271925 Report a problem
    6/11/2015Price change$287,500-0.7%$187/sqft
    Source: West USA Realty #5271925 Report a problem
    5/18/2015Price change$289,500-0.2%$189/sqft
    Source: West USA Realty #5271925 Report a problem
    4/28/2015Listed for sale$290,000+56.8%$189/sqft
    Source: West USA Realty #5271925 Report a problem
    7/19/2011Sold$185,000+33.1%$121/sqft
    Source: Public Record Report a problem
    5/5/2011Sold$139,000-35.3%$91/sqft
    Source: Public Record Report a problem
    3/10/2004Sold$215,000+28.7%$140/sqft
    Source: Public Record Report a problem
    12/14/2001Sold$167,000+50.8%$109/sqft
    Source: Public Record Report a problem
    1/31/1994Sold$110,708$72/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,377 +1.7%$40,600 -5.5%
    2024$1,354 +3%$42,970 +92.2%
    2023$1,315 -0.6%$22,355 -8.6%
    2022$1,324 -3.9%$24,470 +5.3%
    2021$1,378 +3.7%$23,230 +12.4%
    2020$1,329 +4%$20,670 +0.3%
    2019$1,277 $20,610 -1.3%
    2018$1,277 +3.8%$20,880 +5.3%
    2017$1,230 +12.5%$19,820 +2.7%
    2016$1,094 +7.3%$19,300 +0.9%
    2015$1,019 $19,130 +32.8%
    2014-- $14,410 +5.8%
    2013-- $13,620
    2012-- $13,620 -7%
    2011-- $14,650 -19.4%
    2010-- $18,170 -21.7%
    2009-- $23,200 -11.1%
    2008-- $26,100 +7.6%
    2007-- $24,250 +62.8%
    2006-- $14,900
    2005-- $14,900 +11.6%
    2004-- $13,350
    2003-- $13,350 +28.4%
    2002-- $10,400
    Find assessor info on the county website

    Neighborhood: Desert View

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Desert Willow Elementary School
    • Middle: Sonoran Trails Middle School
    • High: Cactus Shadows High School
    • District: Cave Creek Unified District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $486,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $486,700