Here is your chance to own a piece of Cave Creek! Located close to everything this 4-Plex is sure to be a rare find. Over the last 20 years, the units have had updated so it is not a 1963 original property. This property is a great option for an owner occupied investment property with one unit vacant and it even has a garage! Currently 3 units are occupied on month to month leases. One unit is vacant. The timing is right to take advantage of this great opportunity. With an open unit you can do what you would like with the property! Located in the heart of Cave Creek with no HOA, the possibilities are endless for this property. Unit #5 will need updates as that was last updated 20 years ago. Current rents are below market rent and are now scheduled to increase to meet market rent.
Sold for $840,000
Street View
$840,000
38259 N JACQUELINE Drive #5, Cave Creek, AZ 85331
8beds
4baths
295,224sqft
Multi Family
Built in 1963
-- sqft lot
$832,800 Zestimate®
$3/sqft
$1,978 Estimated rent
Home value
$832,800
$775,000 - $908,000
$1,978/mo
Zestimate® history
Owner options
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$1,978/mo
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$1,978/mo
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$3,838/mo
Est. payment
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$3,838/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Melissa J Twitchell 602-456-0712,
eXp Realty
Bought with:
Amanda L Elliott, SA692245000
HomeSmart
Source: ARMLS,MLS#: 6641765
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric
Cooling
- Ceiling Fan(s), 2 or More Units
Appliances
- Included: Built-In Range, Dishwasher, Refrigerator, Washer/Dryer
Features
- Flooring: Ceramic Tile, Vinyl
Interior area
- Total structure area: 295,224
- Total interior livable area: 295,224 sqft
Property
Parking
- Total spaces: 10
- Parking features: Free, Add'l Parking Avail, >1 Space Per Unit, 1 Space/Unit, On Street
- Covered spaces: 2
- Uncovered spaces: 8
Lot
- Dimensions: Appro x imate 131 x 159 x 131 x 160
Details
- Parcel number: 21108003C
- Zoning: [MR] MULTI-FAMI
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other, Painted, Stucco
- Roof: Foam
Condition
- Year built: 1963
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: Private
Community & HOA
Community
- Features: No Pool
- Subdivision: CAVE CREEK VISTA
Location
- Region: Cave Creek
Financial & listing details
- Price per square foot: $3/sqft
- Tax assessed value: $533,200
- Annual tax amount: $751
- Date on market: 1/1/2024
- Cumulative days on market: 12 days
- Listing terms: Conventional,1031 Exchange,VA Loan
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Listing removed | $2,150 |
Source: Zillow Rentals Report a problem | ||
| 4/13/2026 | Listed for rent | $2,150 |
Source: Zillow Rentals Report a problem | ||
| 7/26/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/6/2024 | Listed for rent | $2,150 |
Source: Zillow Rentals Report a problem | ||
| 2/12/2024 | Sold | $840,000-4%$3/sqft |
Source:  ARMLS #6641765 Report a problem | ||
| 1/26/2024 | Pending sale | $875,000$3/sqft |
Source: ARMLS #6641765 Report a problem | ||
| 1/21/2024 | Listed for sale | $875,000$3/sqft |
Source: ARMLS #6641765 Report a problem | ||
| 1/8/2024 | Pending sale | $875,000$3/sqft |
Source: ARMLS #6641765 Report a problem | ||
| 1/6/2024 | Price change | $875,000-5.4%$3/sqft |
Source: ARMLS #6641765 Report a problem | ||
| 1/1/2024 | Listed for sale | $925,000+330.2%$3/sqft |
Source: ARMLS #6641765 Report a problem | ||
| 2/7/2001 | Sold | $215,000+29.5%$1/sqft |
Source: Public Record Report a problem | ||
| 2/27/1998 | Sold | $166,000$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $689 -2.8% | $53,320 +1% |
| 2024 | $709 +2% | $52,780 +239.2% |
| 2023 | $695 -1.3% | $15,560 -34.1% |
| 2022 | $704 -7.4% | $23,620 +3.6% |
| 2021 | $761 +3% | $22,810 +17.4% |
| 2020 | $739 +3.6% | $19,430 +11% |
| 2019 | $713 | $17,500 +21.1% |
| 2018 | $713 +3.4% | $14,450 +1.9% |
| 2017 | $690 +6.6% | $14,180 +5% |
| 2016 | $647 +7.7% | $13,510 +12.8% |
| 2015 | $600 | $11,980 +19.4% |
| 2014 | -- | $10,030 +3.4% |
| 2013 | -- | $9,700 -2.7% |
| 2012 | -- | $9,970 -27.8% |
| 2011 | -- | $13,810 -34.4% |
| 2010 | -- | $21,060 -41.3% |
| 2009 | -- | $35,870 +1% |
| 2008 | -- | $35,520 +36.6% |
| 2007 | -- | $26,000 +40.2% |
| 2006 | -- | $18,550 |
| 2005 | -- | $18,550 +18.9% |
| 2004 | -- | $15,600 |
| 2003 | -- | $15,600 +31.1% |
| 2002 | -- | $11,900 |
Find assessor info on the county website
Neighborhood: 85331
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Nearby schools
GreatSchools rating
- 8/10Black Mountain Elementary SchoolGrades: PK-6Distance: 3.1 mi
- 10/10Cactus Shadows High SchoolGrades: 8-12Distance: 3.4 mi
- 4/10Sonoran Trails Middle SchoolGrades: 6-8Distance: 7 mi
Schools provided by the listing agent
- 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
$832,800
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
$832,800
- Arizona
- Maricopa County
- Cave Creek
- 85331
- 38259 N JACQUELINE Drive Unit 5
Nearby cities
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