See Home Value
Phoenix 85331 Desert View
5311 E GRAY WOLF Trail
$1,084,855*
House - Off Market

5311 E GRAY WOLF Trail

Cave Creek, AZ 85331
bedrooms
5 Beds
bathrooms
4 Baths
square feet
4019 Sqft
$986,000 - $1,204,000
Reference Base Price*
-0.93%
Since Oct 1, 2023
AZ-Phoenix
Primary Model
Sold Aug 30, 2023
$1,065,000
$726,200 by Geneva Financial, Llc
Mortgage Due Sep 01, 2053
Sold Jan 25, 2012
$425,000
$403,750 by Paramount Residential Mortgage
Mortgage Due Feb 01, 2042

About This Property

If you're looking for a spacious, versatile, floor plan on a private, corner lot in a highly-desirable gated community in Cave Creek, look no further!  The backyard borders a natural desert wash for ultimate privacy & features a heated pool/spa, built in BBQ area with ramada, relaxing gas fire pit, and expansive travertine hardscapes. The main home (3255 sq ft) has 4 spacious bedrooms & 3 full bathrooms. Above the 3-car tandem garage is a separate, private guest suite (764 sq ft) with a bedroom, full bathroom, and living area with kitchenette. The suite has sweeping mountain views and offers an excellent opportunity for rental income (30 day min, per HOA). The open floor plan is ideal for entertaining, and the kitchen features double-islands and updated SS appliances.

The manager has listed the unit size as 4019 square feet.
Unit Size
4,019Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$272
Property Type
House
Property Taxes
$270
HOA Dues
$632
Year Built
2006

Price History

Date / Event Date Event Price
Sep 2, 2023 No longer available -
No longer available
Aug 30, 2023 Sold to Joseph E Kranz, Mimi Kranz $1,065,000
Sold to Joseph E Kranz, Mimi Kranz
Jul 9, 2023 Price Decreased $1,095,000
↓ $50K (4.4%)
Price Decreased
Jun 6, 2023 Price Decreased $1,145,000
↓ $45K (3.8%)
Price Decreased
Apr 7, 2023 Price Decreased $1,190,000
↓ $25K (2.1%)
Price Decreased
Show More

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,526
  • Total Building Area: 3,959
  • Gross Building Area: 3,959
  • Building Area: 3,959
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,959
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: S & S ESTATES UNIT 1
  • Land Acres: 0.265
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S & S ESTATES UNIT 1 MCR 576-11

Ownership

  • Current Owner : KRANZ JOSEPH E
  • Current Owner 2: KRANZ MIMI
  • Previous Owner : BALDWIN FAMILY LIVING TRUST
  • Owner Before Previous Owner: SCHMIDT MARK A
  • Owner Before Previous Owner 2: SCHMIDT LISA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Cave Creek Unified District
  • Census Tract: 613000

Zoning

  • Zoning: R-18

Geography

  • Assessors Map Reference: 57611
  • Parcel: 211-32-031
  • Lot: 30
  • Municipality: PHOENIX
  • Latitude: 33.7877
  • Longitude: -111.966

    Address

  • Full Address: 5311 E Gray Wolf Trl
  • Address - House Number: 5311
  • Street Direction: E
  • Address - Street Name: Gray Wolf
  • Address - Suffix Type: Trl
  • State: AZ
  • City Name: Cave Creek
  • Carrier Code: H015
  • 4-Digit Zip Code: 5211
  • Zip Code: 85331

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,329
  • Tax Rate Code Area: 931300

    Appraisal Valuation

  • Standard Deviation: 0.1382
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 1,111,947
  • High Value: 1,265,688
  • Low Value: 958,206

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $883,200
  • First Open Lien Mortgage Lender: GENEVA FINANCIAL, LLC
  • First Open Lien Mortgage Recording Date: Aug 30, 2023
  • First Open Lien Mortgage Loan Amount: $726,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053
  • Second Open Lien Mortgage Lender: GTE FCU
  • Second Open Lien Mortgage Recording Date: Aug 30, 2023
  • Second Open Lien Mortgage Loan Amount: $157,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $668,000
  • Market Land Value: $133,600
  • Market Improvement Value: $534,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,800
  • Assessed Land Value: $13,360
  • Assessed Improvements Value: $53,440

    Sales

  • Current Sale Contract Date: Aug 30, 2023
  • Current Sale Recording Date: Aug 30, 2023
  • Current Sale Transaction ID: 11911749936
  • Current Sale Price: $1,065,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 455690
  • Previous Sale Recording Date: Jan 25, 2012
  • Previous Sale Contract Date: Jan 20, 2012
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GENEVA FINANCIAL, LLC
  • First Mortgage Transaction Date: Aug 30, 2023
  • First Mortgage Loan Amount: $726,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053
  • Second Mortgage Lender: GTE FCU
  • Second Mortgage Transaction Date: Aug 30, 2023
  • Second Mortgage Loan Amount: $157,000
  • Second Mortgage Terms: 30
  • Second Mortgage Loan Due Date: Sep 05, 2053

    Previous Mortgages

  • Previous Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • Previous Mortgage Transaction Date: Jan 25, 2012
  • Previous Mortgage Loan Amount: $403,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2042



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,864 ft²
$323/ft²
$925,000 Jun 3, 2023
-
$987/mo
House
4 Beds
2.5 Baths
2,604 ft²
$363/ft²
$945,000 Feb 17, 2023
-
$493/mo
House
3 Beds
2.5 Baths
3,353 ft²
$361/ft²
$1,209,000 Mar 14, 2023
-
$253/mo

About Desert View


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Frequently Asked Questions

When was property at 5311 East Gray Wolf Trail built and last sold?
The property at 5311 East Gray Wolf Trail was built in 2006 and last sold on Aug 30, 2023 for $1,065,000.
How much is this home worth?
The estimated value of the home located at 5311 East Gray Wolf Trail is $1,156,450.
What are some comparable homes to 5311 East Gray Wolf Trail?
Homes that are comparable to 5311 East Gray Wolf Trail include a house property at 32409 North 52nd Way, 5639 East Ocupado Drive, 5480 East 7 Palms Drive.

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