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5511 East Seven Palms Drive

5511 East Seven Palms Drive, Cave Creek, AZ 85331
House in Desert View
Sold Sep 26, 2018
$475,000
$411,000 by United Wholesale Mortgage
Mortgage Due Nov 01, 2050
Sold Mar 23, 2018
$323,000
$375,000 by Peachtree Investments Llc
Mortgage
5511 East Seven Palms Drive has been categorized by the local assessors in Cave Creek, AZ as a residential type of property. The building on the property was first built in 1982 and is 42 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5511 East Seven Palms Drive has 2,008 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 47,872 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with a refrigeration air conditioning system at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a water system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Sep 10, 2018 for $475,000. That's $236.55 per sqft. Prior to that sales transaction, the property was also sold in Mar 22, 2018 for $323,000. 5511 East Seven Palms Drive was last assessed in 2023. The total value of the property was assessed at $47,180. Specifically, the land the property is located on was valued at $9,430. While improvements on the property were assessed at a total of $37,750. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,904. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 47,872
  • Total Building Area: 2,008
  • Gross Building Area: 2,008
  • Building Area: 2,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TAPEKIM NORTH
  • Land Acres: 1.099
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W 175F N2 NE4 NE4 SE4 EX W 30F TH/OF

Ownership

  • Current Owner : COE CARIE
  • Previous Owner : GOOD NEWS GROUP LLC
  • Owner Before Previous Owner: WINTERS JOCOB
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

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

Zoning

  • Zoning: R-43AG

Geography

  • Parcel: 211-30-001-A
  • Municipality: PHOENIX
  • Latitude: 33.7915
  • Longitude: -111.963

    Address

  • Full Address: 5511 E Seven Palms Dr
  • Address - House Number: 5511
  • Street Direction: E
  • Address - Street Name: Seven Palms
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Cave Creek
  • Carrier Code: H015
  • 4-Digit Zip Code: 5181
  • Zip Code: 85331

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,904
  • Tax Rate Code Area: 931300

    Appraisal Valuation

  • Standard Deviation: 0.1331
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 748,948
  • High Value: 848,638
  • Low Value: 649,259

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $411,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 26, 2020
  • First Open Lien Mortgage Loan Amount: $411,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $471,800
  • Market Land Value: $94,300
  • Market Improvement Value: $377,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,180
  • Assessed Land Value: $9,430
  • Assessed Improvements Value: $37,750

    Sales

  • Current Sale Contract Date: Sep 10, 2018
  • Current Sale Recording Date: Sep 26, 2018
  • Current Sale Transaction ID: 11509019882
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20180724392
  • Previous Sale Recording Date: Mar 23, 2018
  • Previous Sale Contract Date: Mar 22, 2018
  • Previous Sale Amount: $323,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Sep 26, 2018
  • First Mortgage Loan Amount: $411,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: PEACHTREE INVESTMENTS LLC
  • Previous Mortgage Transaction Date: Mar 23, 2018
  • Previous Mortgage Loan Amount: $375,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Desert View



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Frequently Asked Questions

What neighborhood is 5511 East Seven Palms Drive located in?
The 5511 East Seven Palms Drive is a house located in the neighborhood of Desert View in Desert View, Cave Creek.
What is the average sales price for listings in 5511 East Seven Palms Drive?
The average sales price for units in 5511 East Seven Palms Drive is $0 currently.

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