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Sold for $1,050,000
  • $1,050,000

    5480 E SEVEN PALMS Drive, Cave Creek, AZ 85331

    3beds
    3,353sqft
    Single Family Residence
    Built in 1997
    1.02 Acres Lot
    $1,355,700 Zestimate®
    $313/sqft
    $5,954 Estimated rent

    Home value

    $1,355,700

    $1.22M - $1.52M

    $5,954/mo

    Zestimate® history
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    What's special

    Rv hook-upsHuge masterJacuzzi tubLarge walk-in
    5377 sq.ft. under roof**Great property w/so much to offer*1998 built Santa Fe w/3 bedrooms + 2 small work areas in main* 2-1/2++ baths*lrg fam rm w/gas fp and built-ins* huge Master w/gas fp, ba has jacuzzi tub, large walk-in, his/hers vanities, bidet & laundry.,Kitchen w/granite, stainless and eat-in area*frml dining*2 work areas*1419sq.ft. RV garage w/half-ba, RV hook-ups, huge storage rm*shelving *space for several vehicles, & lg motor home, two separate garage doors--one oversize, Swamp Cooler. Upstairs 605 sq.ft.3 rm + 2ba guest apartment-- completely self-contained--perfect rental, Airbnb, etc., Natural Gas*No HOA*Solar 'Zero utilitiy bills*Acre+, 5377 sq.ft.total under roof!! Pool/Spa/bbq/firepit/outdoor shower and roof deck*Original Owner*

    Zillow last checked:

    Listing updated:

    Listed by:

    Diann L Mullen 602-525-3099,

    HomeSmart

    Bought with:

    Brandon Howe, BR532588000

    Howe Realty

    Erin T Payne, SA668219000

    Howe Realty

    Source: ARMLS,MLS#: 6520046MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Bedroom
    • Level: First
    • Area: 176
    • Dimensions: 16.00 x 11.00
    Bedroom 2
    • Area: 158
    • Dimensions: 15.80 x 10.00
    Dining room
    • Level: First
    • Area: 155.25
    • Dimensions: 13.50 x 11.50
    Living room
    • Level: First
    • Area: 236.8
    • Dimensions: 16.00 x 14.80
    Heating
    • Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s), Evaporative Cooling
    Appliances
    • Included: Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven, Water Purifier
    • Laundry: Inside
    Features
    • High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Carpet, Laminate, Tile, Wood
    • Windows: Skylight(s), Double Pane Windows
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Fire Pit, Free Standing, Family Room, Master Bedroom, Gas
    Interior area
    • Total structure area: 3,353
    • Total interior livable area: 3,353 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Tandem Garage, RV Access/Parking, RV Gate, Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets, Over Height Garage, Rear Vehicle Entry, Storage, Side Vehicle Entry, Temp Controlled, Detached, RV Garage
    • Garage spaces: 5
    Accessibility
    • Accessibility features: Bath Grab Bars, Accessible Hallway(s), Physcl Chlgd (SRmks)
    Features
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Balcony, Private Yard, Screened in Patio(s), Storage, Built-in Barbecue, RV Hookup
    • Has private pool: Yes
    • Has spa: Yes
    • Spa features: Heated, Private, Bath
    • Fencing: Block
    Lot
    • Size: 1.02 Acres
    • Features: East/West Exposure, Natural Desert Back, Natural Desert Front
    Details
    • Additional structures: Guest House
    • Parcel number: 21146017C

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Territorial/Santa Fe
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Painted
    • Roof: Built-Up,Foam
    Condition
    • Year built: 1997

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: City Water
    Green energy
    • Energy efficient items: Solar Panels

    Community & HOA

    Community
    • Security: Security System Leased
    HOA
    • Has HOA: No
    • Services included: No Fees
    Location
    • Region: Cave Creek

    Financial & listing details

    • Price per square foot: $313/sqft
    • Tax assessed value: $1,234,300
    • Annual tax amount: $3,031
    • Date on market: 3/13/2023
    • Cumulative days on market: 159 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/18/2023Sold$1,050,000-10.9%$313/sqft
    Source: ARMLS #6520046 Report a problem
    7/15/2023Pending sale$1,179,000$352/sqft
    Source: HomeSmart #6520046 Report a problem
    7/4/2023Price change$1,179,000-2.5%$352/sqft
    Source: ARMLS #6520046 Report a problem
    5/20/2023Price change$1,209,000-4%$361/sqft
    Source: ARMLS #6520046 Report a problem
    4/21/2023Price change$1,259,000-7.4%$375/sqft
    Source: ARMLS #6520046 Report a problem
    3/28/2023Price change$1,359,000-14.8%$405/sqft
    Source: ARMLS #6520046 Report a problem
    3/13/2023Listed for sale$1,595,000$476/sqft
    Source: ARMLS #6520046 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,998 -0.2%$123,430 -2.5%
    2024$3,004 +2.4%$126,580 +63.2%
    2023$2,935 -3.2%$77,559 -2.6%
    2022$3,031 -9.6%$79,610 +6.3%
    2021$3,354 +3.1%$74,910 +11.5%
    2020$3,252 +3.9%$67,200 +3%
    2019$3,131 $65,260 +1.6%
    2018$3,131 +3.7%$64,210 +4.6%
    2017$3,018 +6.3%$61,360 +4.5%
    2016$2,840 $58,720 +1.6%
    2015$2,840 $57,810 +14.9%
    2014-- $50,320 +10.7%
    2013-- $45,450
    2012-- $45,450 -7%
    2011-- $48,870 -15.2%
    2010-- $57,610 -21.3%
    2009-- $73,200 +2.4%
    2008-- $71,500 +31%
    2007-- $54,600 +42.4%
    2006-- $38,350
    2005-- $38,350 +14.1%
    2004-- $33,600
    2003-- $33,600 +17.3%
    2002-- $28,650
    Find assessor info on the county website

    Neighborhood: 85331

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Black Mountain 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
    $1,355,700
    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
    $1,355,700