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5714 East Parnell Drive

5714 East Parnell Drive, Cave Creek, AZ 85331
Property in Pinnacle Peak
Sold Dec 09, 2013
$639,129
$760,000 by Define Mortgage Solutions Llc
Mortgage Due Dec 01, 2051
Sold Sep 04, 2012
$13,400,000
5714 East Parnell Drive in Cave Creek, AZ was first built in 2013 and is 11 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 5714 East Parnell Drive has 3,468 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 11,700 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of concrete. For those who need parking, there is a garage. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5714 East Parnell Drive sold most recently in May 23, 2013 for a total of $639,129. If you work out the math, that's approximately a cost of $184.29 per sqft. Before that, the property was also sold for $13,400,000 in Sep 4, 2012. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,597 in taxes each year. 5714 East Parnell Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $89,970. If we break it down further, the land itself was valued at $17,990. Improvements to the property, however, were assessed at a total of $71,980. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • 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: 11,700
  • Total Building Area: 3,468
  • Gross Building Area: 3,468
  • Building Area: 3,468
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,468
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LONE MOUNTAIN
  • Land Acres: 0.269
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LONE MOUNTAIN MCR 996-14

Ownership

  • Current Owner : GORSSMAN MARY N
  • Current Owner 2: GROSSMAN JASON M
  • Previous Owner : TM HOMES OF ARIZONA INC
  • Owner Before Previous Owner: LENNAR ARIZONA INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R-35

Geography

  • Assessors Map Reference: 99614
  • Parcel: 211-48-231
  • Lot: 89
  • Meridian: SEC 16 TWN 5N RNG 4E
  • Municipality: PHOENIX
  • Latitude: 33.7742
  • Longitude: -111.957

    Address

  • Full Address: 5714 E Parnell Dr
  • Address - House Number: 5714
  • Street Direction: E
  • Address - Street Name: Parnell
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Cave Creek
  • Carrier Code: H036
  • 4-Digit Zip Code: 1520
  • Zip Code: 85331

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,597
  • Tax Rate Code Area: 931300

    Appraisal Valuation

  • Standard Deviation: 0.148
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 1,349,420
  • High Value: 1,549,251
  • Low Value: 1,149,589

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $760,000
  • First Open Lien Mortgage Lender: DEFINE MORTGAGE SOLUTIONS LLC
  • First Open Lien Mortgage Recording Date: Nov 30, 2021
  • First Open Lien Mortgage Loan Amount: $760,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $899,700
  • Market Land Value: $179,900
  • Market Improvement Value: $719,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,970
  • Assessed Land Value: $17,990
  • Assessed Improvements Value: $71,980

    Sales

  • Current Sale Contract Date: May 23, 2013
  • Current Sale Recording Date: Dec 09, 2013
  • Current Sale Transaction ID: 1010709213
  • Current Sale Price: $639,129
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2013-1045048
  • Previous Sale Recording Date: Sep 04, 2012
  • Previous Sale Contract Date: Sep 04, 2012
  • Previous Sale Amount: $13,400,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: NOVA FINANCIAL & INVESTMENT CO
  • First Mortgage Transaction Date: Dec 09, 2013
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2044

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Frequently Asked Questions

What neighborhood is 5714 East Parnell Drive located in?
The 5714 East Parnell Drive is a located in the neighborhood of Pinnacle Peak in Pinnacle Peak, Cave Creek.
What is the average sales price for listings in 5714 East Parnell Drive?
The average sales price for units in 5714 East Parnell Drive is $0 currently.

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