For sale

Price cut: $10K (8/11)

$500,000

31250 N 40TH Place, Cave Creek, AZ 85331

3beds

1,345sqft

$3,016/mo

Get pre-qualified

Single Family Residence

Built in 1994

4,384 Square Feet Lot

$-- Zestimate^®

$372/sqft

$36/mo HOA

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!

48 days
3,266
129

Likely to sell faster than

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
Water: City Water

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: $372/sqft
Tax assessed value: $385,500
Annual tax amount: $1,429
Date on market: 7/18/2026
Cumulative days on market: 48 days
Listing terms: Cash,Conventional,FHA,VA Loan
Ownership: Fee Simple
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

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

Public tax history

Year	Property taxes	Tax 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