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Sold for $474,900
  • $474,900

    7432 E CAREFREE Drive #5, Carefree, AZ 85377

    2beds
    2baths
    1,104sqft
    Townhouse
    Built in 1983
    1,484 Square Feet Lot
    $478,300 Zestimate®
    $430/sqft
    $2,197 Estimated rent

    Home value

    $478,300

    $435,000 - $526,000

    $2,197/mo

    Zestimate® history
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    What's special

    Welcome to Carefree Paradise, an impeccably updated end-unit townhome offering upscale desert living in one of Arizona's most desirable communities. Located just steps from the iconic Sundial and Carefree Town Center, this bright and airy residence is the perfect blend of luxury, convenience, and tranquility. Inside, you'll find two spacious split master suites, each with its own beautifully renovated bathroom featuring granite vanities, designer tile work, and custom fixtures. The kitchen is a chef's dream, thoughtfully designed with custom cabinetry, granite countertops, and premium black glass appliances, including a paneled refrigerator that blends seamlessly into the cabinetry. Stylish 18'' travertine tile flooring runs throughout the home, complemented by fresh designer paint, high-end furnishings, and a cozy gas fireplace that adds warmth and charm. Enjoy mountain and palm-lined views from two private patios, one overlooking the resort-style pool and spa, and the other facing majestic Black Mountain. Whether sipping coffee at sunrise or entertaining under the stars, the outdoor living space is truly an extension of the home's elegance. This quiet, well-maintained HOA community offers landscaped grounds, exterior maintenance, and trash service, ensuring a low-maintenance, lock-and-leave lifestyle. You'll also enjoy off-street garage parking, in-unit laundry, high-speed internet. Whether you're looking for a full-time residence, vacation getaway, or investment property, it's easy to see why over 100 guests have rated this home 5 stars on Airbnb.Located just a short drive to the vibrant western charm of Cave Creek, world-class golf courses, luxury spas, hiking trails, horseback riding, night life and seasonal festivals, this is desert living at its finest.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jason L Penrose 602-738-9943,

    eXp Realty,

    Tanner Palmer 480-596-2900,

    eXp Realty

    Bought with:

    Dax Andersen, SA658657000

    Equity Arizona Real Estate

    Source: ARMLS,MLS#: 6890700MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Washer/Dryer Stacked, Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Cooktop
    • Laundry: Inside
    Features
    • High Speed Internet, Granite Counters, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm
    • Flooring: Stone
    • Windows: Skylight(s)
    • Has basement: No
    • Number of fireplaces: 1
    • Furnished: Yes
    • Common walls with other units/homes: 1 Common Wall,End Unit
    Interior area
    • Total structure area: 1,104
    • Total interior livable area: 1,104 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Unassigned, Garage Door Opener, Direct Access, Common
    • Garage spaces: 1
    Accessibility
    • Accessibility features: Zero-Grade Entry
    Features
    • Stories: 1
    • Patio & porch: Patio
    • Spa features: None
    • Fencing: Block,Partial
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 1,484 Square Feet
    • Features: North/South Exposure, Corner Lot, Desert Back, Desert Front, Gravel/Stone Front, Grass Back
    Details
    • Parcel number: 21688030
    • Special conditions: Owner/Agent

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Spanish
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • Stucco, Wood Frame, Painted
    • Roof: Foam
    Condition
    • Year built: 1983

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Pool, Community Spa, Community Spa Htd
    • Subdivision: COLONY AT CAREFREE
    HOA
    • Has HOA: Yes
    • Services included: Insurance, Maintenance Grounds, Front Yard Maint, Trash, Maintenance Exterior
    • HOA fee: $385 monthly
    • HOA name: Colony at Carefree
    • HOA phone: 480-892-5222
    Location
    • Region: Carefree

    Financial & listing details

    • Price per square foot: $430/sqft
    • Tax assessed value: $389,600
    • Annual tax amount: $923
    • Date on market: 8/5/2026
    • Cumulative days on market: 2 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/12/2025Sold$474,900$430/sqft
    Source: ARMLS #6890700 Report a problem
    7/12/2025Pending sale$474,900$430/sqft
    Source: ARMLS #6890700 Report a problem
    7/11/2025Listed for sale$474,900+32.7%$430/sqft
    Source: ARMLS #6890700 Report a problem
    11/2/2020Sold$358,000-4.5%$324/sqft
    Source: ARMLS #6112901 Report a problem
    9/7/2020Pending sale$374,900$340/sqft
    Source: HomeSmart #6112901 Report a problem
    8/20/2020Price change$374,900-2.6%$340/sqft
    Source: HomeSmart #6112901 Report a problem
    8/5/2020Listed for sale$384,900+35.1%$349/sqft
    Source: HomeSmart #6112901 Report a problem
    6/21/2019Sold$285,000-4.7%$258/sqft
    Source: ARMLS #5933957 Report a problem
    6/10/2019Pending sale$299,000$271/sqft
    Source: Russ Lyon Sotheby's International Realty #5933957 Report a problem
    6/1/2019Listed for sale$299,000+17.3%$271/sqft
    Source: Russ Lyon Sotheby's International Realty #5933957 Report a problem
    6/28/2016Sold$255,000-1.9%$231/sqft
    Source: Public Record Report a problem
    5/14/2016Pending sale$260,000$236/sqft
    Source: Coldwell Banker Residential Brokerage - Scottsdale Carefree #5436226 Report a problem
    4/30/2016Listed for sale$260,000-7.1%$236/sqft
    Source: Coldwell Banker Residential Brokerage - Scottsdale Carefree #5436226 Report a problem
    5/28/2008Sold$280,000+101.4%$254/sqft
    Source: Public Record Report a problem
    2/27/1998Sold$139,000+1.5%$126/sqft
    Source: Public Record Report a problem
    1/3/1997Sold$137,000+24.5%$124/sqft
    Source: Public Record Report a problem
    12/17/1993Sold$110,000$100/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$802 -2.8%$38,960 -3.2%
    2024$826 -16.1%$40,230 +82.5%
    2023$984 -5.6%$22,044 -6.2%
    2022$1,043 +9.4%$23,510 -2.8%
    2021$953 +3.1%$24,180 +9.9%
    2020$924 -12%$22,000 +7.4%
    2019$1,051 $20,480 +10.8%
    2018$1,051 +3.3%$18,480 +8.7%
    2017$1,017 +6.7%$17,000 -2.5%
    2016$953 +7.6%$17,430 +13.8%
    2015$885 $15,320 +7.8%
    2014-- $14,210 -1%
    2013-- $14,350 -0.3%
    2012-- $14,400 -10%
    2011-- $16,000 -21.4%
    2010-- $20,350 -11.3%
    2009-- $22,950 -8.9%
    2008-- $25,200 +42.8%
    2007-- $17,650 +42.3%
    2006-- $12,400
    2005-- $12,400 -15.1%
    2004-- $14,600
    2003-- $14,600 +37.7%
    2002-- $10,600
    Find assessor info on the county website

    Neighborhood: 85377

    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
    $478,300
    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
    $478,300