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Sold for $487,000
    • Zestimate®
    $487,000

    31250 N 40TH Place, Cave Creek, AZ 85331

    3beds
    1,345sqft
    Single Family Residence
    Built in 1994
    4,384 Square Feet Lot
    $487,000 Zestimate®
    $362/sqft
    $2,966 Estimated rent

    Home value

    $487,000

    $448,000 - $531,000

    $2,966/mo

    Zestimate® history

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    What's special

    Sparkling poolImmaculate split floorplan
    Wonderful opportunity to live in the coveted Tatum Ranch neighborhood in Cave Creek. This immaculate split floorplan 2bed+den (could be a 3rd bedroom), 2bath, 1,345sqft home is primed for its new owners. Upon entering, you're greeted by a bright and open floor plan. Beautiful laminate floors in the main living room with a fireplace for those cool winter nights. The sparkling pool is summertime ready and enjoy the private yard with no neighbors behind you. Updates include Brand New Roof, 3 year old HVAC, brand new water heater and fresh exterior paint. Walking distance to Desert Willow Park and endless hiking and biking in Sonoran Preserve and Apache Wash trail system nearby. Pride of ownership shows throughout. Don't miss your chance to come see it today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Curtis Mitchell 602-758-1795,

    SERHANT.,

    Mitch Mitchell 602-432-2895,

    SERHANT.

    Bought with:

    Lisa Lanke, SA652098000

    eXp Realty

    Source: ARMLS,MLS#: 7028682MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat Pump, Electric
    Cooling
    • Heat Pump, Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dryer, Washer, Water Softener Owned, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Oven, Electric Cooktop
    • Laundry: Inside
    Features
    • High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Carpet, Laminate, Tile
    • Windows: Double Pane Windows
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Family Room
    Interior area
    • Total structure area: 1,345
    • Total interior livable area: 1,345 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Garage Door Opener, Direct Access
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Covered
    • Has private pool: Yes
    • Pool features: Outdoor Pool, Play Pool
    • Spa features: None
    • Fencing: Block
    • Has view: Yes
    • View description: Desert, Mountain(s)
    Lot
    • Size: 4,384 Square Feet
    • Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front
    Details
    • Parcel number: 21162364

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: Tatum Ranch
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds
    • HOA fee: $107 quarterly
    • HOA name: Tatum Ranch HOA
    • HOA phone: 480-473-1763
    Location
    • Region: Cave Creek

    Financial & listing details

    • Price per square foot: $362/sqft
    • Tax assessed value: $385,500
    • Annual tax amount: $1,429
    • Date on market: 7/18/2026
    • Cumulative days on market: 90 days
    • Listing terms: VA Loan,Cash to Loan,Cash,Conventional,FHA
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    10/15/2026Sold$487,000-2.6%$362/sqft
    Source: ARMLS #7028682 Report a problem
    8/11/2026Price change$500,000-2%$372/sqft
    Source: ARMLS #7028682 Report a problem
    7/31/2026Listed for sale$510,000+5.2%$379/sqft
    Source: ARMLS #7028682 Report a problem
    5/26/2026Listing removed$485,000$361/sqft
    Source: ARMLS #7028682 Report a problem
    5/15/2026Listed for sale$485,000+62.2%$361/sqft
    Source: ARMLS #7028682 Report a problem
    12/14/2006Sold$299,000+163%$222/sqft
    Source: ARMLS #2641143 Report a problem
    4/29/1994Sold$113,701+10%$85/sqft
    Source: Public Record Report a problem
    12/30/1993Sold$103,394+91.5%$77/sqft
    Source: Public Record Report a problem
    10/8/1993Sold$54,000$40/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,347 +1.7%$38,550 -5.2%
    2024$1,325 +3%$40,670 +85.9%
    2023$1,287 -0.6%$21,874 -8.7%
    2022$1,295 -3.9%$23,960 +5.5%
    2021$1,348 +3.7%$22,720 +11.8%
    2020$1,301 +4.1%$20,330 +0.3%
    2019$1,250 $20,270 -0.5%
    2018$1,250 +3.8%$20,380 +5.3%
    2017$1,204 +12.5%$19,360 +2.9%
    2016$1,070 +7.3%$18,820 +0.3%
    2015$998 $18,760 +33%
    2014-- $14,100 +5.1%
    2013-- $13,410
    2012-- $13,410 -2.1%
    2011-- $13,700 -19.3%
    2010-- $16,970 -21.5%
    2009-- $21,630 -10.4%
    2008-- $24,150 +7.6%
    2007-- $22,450 +63.3%
    2006-- $13,750
    2005-- $13,750 +14.6%
    2004-- $12,000
    2003-- $12,000 +28.3%
    2002-- $9,350
    Find assessor info on the county website

    Neighborhood: Desert View

    Nearby homes

    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

    $487,000

    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

    $487,000

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