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Off market
    • $769,200

    37251 N Ootam Rd, Cave Creek, AZ 85331

    --beds
    0baths
    2,450sqft
    MultiFamily
    Built in 1990
    -- sqft lot
    $769,200 Zestimate®
    $314/sqft
    $2,921 Estimated rent

    Home value

    $769,200

    $685,000 - $854,000

    $2,921/mo

    Zestimate® history
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    $4,542/mo

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    What's special

    Wonderful investment opportunity for 8 residential rental units located near the exciting downtown area of Cave Creek. The project consists of two each one-story four plex on .42 acres of land on two parcels (Tax Parcels #211-14-032B and #211-14-032C). With great views and convenient location, this well maintained complex has long term established tenants, an on-site laundry facility, additional storage availability, and each unit has a private fenced outdoor patio area.Please call the Listing Agent for additional information.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Electric
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Refrigerator
    Features
    • Flooring: Carpet, Concrete
    Interior area
    • Total interior livable area: 2,450 sqft

    Property

    Features
    • Exterior features: Stucco
    Lot
    • Size: 8,840 Square Feet
    Details
    • Parcel number: 21114032B

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • concrete
    • Roof: composite shingle
    Condition
    • Year built: 1990

    Utilities & green energy

    • Electric: Individual Meter, APS
    • Sewer: Sewer - Public

    Community & HOA

    Location
    • Region: Cave Creek

    Financial & listing details

    • Price per square foot: $314/sqft
    • Tax assessed value: $529,300
    • Annual tax amount: $712
    • Ownership: Fee Simple
    • Tenant pays: Electric

    Price history

    DateEventPrice
    9/20/2019Sold$940,000-4%$384/sqft
    Source: ARMLS #5959584 Report a problem
    5/29/2019Listing removed$979,000$400/sqft
    Source: HomeSmart #5875360 Report a problem
    4/4/2019Price change$979,000-1%$400/sqft
    Source: Canterbury Realty & Development, Inc. #5875360 Report a problem
    3/8/2019Price change$989,000-1%$404/sqft
    Source: Canterbury Realty & Development, Inc. #5875360 Report a problem
    1/30/2019Listed for sale$999,000+1%$408/sqft
    Source: Canterbury Realty & Development, Inc. #5875360 Report a problem
    4/5/2018Listing removed$989,000$404/sqft
    Source: Realty One Group #5691164 Report a problem
    3/1/2018Listed for sale$989,000+5.2%$404/sqft
    Source: Realty One Group #5691164 Report a problem
    1/31/2006Sold$940,000$384/sqft
    Source: ARMLS #2338769 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$712 -2.8%$52,930 +4%
    2024$733 +2%$50,910 +216.5%
    2023$718 -5.6%$16,087 -27.7%
    2022$761 -6.8%$22,250 +6.7%
    2021$817 +2.9%$20,860 +14.1%
    2020$793 +3.5%$18,280 +6.6%
    2019$767 $17,150 +8.5%
    2018$767 +3.3%$15,800 +11.6%
    2017$742 +6.7%$14,160 +6.4%
    2016$695 +7.6%$13,310 +9.3%
    2015$646 $12,180 +17.5%
    2014-- $10,370 +7.1%
    2013-- $9,680 -7.6%
    2012-- $10,480 -20.8%
    2011-- $13,230 -27.5%
    2010-- $18,260 -43.5%
    2009-- $32,310 +4.4%
    2008-- $30,960 +10.8%
    2007-- $27,950 +56.1%
    2006-- $17,900
    2005-- $17,900 +23.8%
    2004-- $14,455
    2003-- $14,455 +15.6%
    2002-- $12,500
    Find assessor info on the county website

    Neighborhood: 85331

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Sonoran Trails Middle School
    • High: Cactus Shadows High School
    • District: Cave Creek Unified District (093)

    Source: The MLS. 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
    $769,200
    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
    $769,200

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