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$1,475,000

Beds
3
Baths
3.0
sq ft
2,496

7957 East Cave Creek Road, Carefree, AZ 85377

7957 East Cave Creek Road

Carefree, AZ 85377

  • Pending
This stunning historic masterpiece designed by Carefree architecture legend, Gerry Jones, is now available. The home was taken down to the slump block & immaculately refurbished, while preserving the character & timeless features. Step through the front door into a large living space with exposed beams, high ceilings, a chef's kitchen complete with high-end appliances, Saltillo tile, & hardwood throughout. The home boasts a beehive fireplace featured in the living room, master, & patio. Out the glass doors is a refinished pool including a built in fountain. With new pool equipment, electrical, & plumbing, no detail was overlooked. Sitting on a 1.5+ acre lot, there is plenty of space for an additional casita or garage. Close to Carefree & Cave Creek amenities, this is a must see!

Details

Property type

Single Family Residence

Est. home value

$918,438

Lot size

1.59 acres

Price per sq ft

$591

Year built

1964

Annual property taxes

$1,990

HOA

No

Price History

01/17/2025
ArizonaRegional

ArizonaRegional #6803984

Pending
$1,475,000
01/12/2025
ArizonaRegional

ArizonaRegional #6803984

Listed
$1,475,000
+214.5%
12/12/2019
ArizonaRegional

ArizonaRegional #6003589

Sold
$469,000

Schools & Community

Elementary school: 

Black Mountain Elementary School

Middle school: 

Sonoran Trails Middle School

High school: 

Cactus Shadows High School

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

$1,081,070
Asking price
$1,475,000
Closing costs (~8% of asking)
-$118,000
Est. remaining loan balance
-$275,930
Cash to seller
$1,081,070

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

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

December 2019

Original loan amount

$375,200

Est. remaining balance

$275,930

Interest rate

3.18%

Loan type

New Conventional, 16 year

Seller

Scott Alan Stephens and Rebecca J Stephens

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?

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Status: Pending/Under Contract

Tomo last checked: 01/22/2025 at 6:35 AM

Listing updated: 01/16/2025 at 6:30 PM

Listed by: Amber Hart, Blocks Brokerage LLC Phone #: (480) 628-4099

MLS: ArizonaRegional #6803984

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