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$650,000

Beds
3
Baths
3.0
sq ft
2,272

38065 North Cave Creek Road Unit 9, Cave Creek, AZ 85331

38065 North Cave Creek Road Unit 9

Cave Creek, AZ 85331

  • 2 days on market
A rare opportunity to own a unit in The Villas at Black Mountain. This 3-bedroom, 3-bathroom home boasts breathtaking mountain views from its expansive second-level wraparound deck, complete with a fireplace ideal for evening gatherings. The master and guest bedrooms are located downstairs, while a second master suite is upstairs, all with en suite bathrooms and spacious walk-in closets. The master bedroom was recently used as an art studio. The kitchen is equipped with stainless steel appliances and ample counter space. The large, open great room features vaulted ceilings and a cozy gas fireplace. This gated community offers a beautiful pool and spa, and is within walking distance to the unique shops and restaurants of Cave Creek, as well as the renowned Rancho Manana Golf Resort.

Details

Property type

Townhouse

Est. home value

$681,110

Lot size

2,278 sq ft

Price per sq ft

$287

Year built

1996

Annual property taxes

$1,132

Monthly HOA fee

$320

Price History

04/06/2025
ArizonaRegional

ArizonaRegional #6846534

Listed
$650,000
+75.68%
03/02/2020
ArizonaRegional

ArizonaRegional #5974949

Sold
$370,000

Schools & Community

Elementary school: 

Black Mountain Elementary School

Middle school: 

Sonoran Trails Middle School

High school: 

Cactus Shadows High School

Community features: 

Gated, Pool

High school district: 

Cave Creek Unified District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$294,013
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$303,987
Cash to seller
$294,013

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

May 2020

Original loan amount

$337,500

Est. remaining balance

$303,987

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Kevin A Price

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/07/2025 at 12:50 AM

Listing updated: 04/06/2025 at 12:21 AM

Listed by: Tanya Toliver, SERHANT. Phone #: (623) 680-6022

MLS: ArizonaRegional #6846534

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