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8502 Cave Creek Rd

Carefree, AZ 85377

3 bd 3 ba 2,250 sqft Built 1987 Lot 9,992 sqft townhomes
Most recent sale
$1,120,000
Oct 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 11, 2022 Sold $1,120,000 MLS #6453321
Sep 4, 2022 Listed $1,169,500 MLS #6453321
Sep 30, 2020 Sold $607,000 Public Record
Aug 14, 2015 Sold $535,000 Public Record
May 26, 2015 Listing removed $709,000 ArizonaRegionalMLS
May 26, 2015 Price changed $559,000 MLS #5239318
Feb 20, 2015 Listed $599,000 MLS #5239318
Jun 6, 2006 Sold $190,000 Public Record
Mar 21, 2006 Sold $190,000 Public Record
Dec 2, 2004 Sold $275,000 Public Record
May 10, 2002 Sold $650,000 Public Record
Apr 19, 1999 Sold $375,000 Public Record
Apr 12, 1999 Sold $120,000 Public Record
Sep 30, 1996 Sold $160,000 Public Record
Aug 21, 1996 Sold $56,000 Public Record
May 15, 1996 Sold $345,000 Public Record
Apr 4, 1996 Sold $435,000 Public Record
Apr 2, 1996 Sold $497,500 Public Record
Mar 7, 1996 Sold $40,000 Public Record
Jun 19, 1995 Sold $150,000 Public Record
Apr 17, 1995 Sold $70,000 Public Record
Apr 12, 1995 Sold $45,000 Public Record
Mar 2, 1995 Sold $100,000 Public Record
Mar 31, 1994 Sold $60,000 Public Record
Dec 21, 1993 Sold $48,500 Public Record
Jun 18, 1993 Sold $230,000 Public Record
Oct 11, 1990 Sold $325,000 Public Record
Jun 28, 1990 Sold $320,000 Public Record
Mar 9, 1990 Sold $30,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $40,010 $10,000 $50,010 $1,708
2021 $37,760 $9,440 $47,200 $1,918
2020 $33,540 $8,380 $41,920 $1,890
2019 $31,320 $7,830 $39,150 $1,833
2018 $31,620 $7,900 $39,520 $1,764
2017 $29,770 $7,440 $37,210 $1,701
2016 $29,670 $7,410 $37,080 $1,692
2015 $25,720 $6,430 $32,150 $1,890
2014 $22,550 $5,630 $28,180 $1,756
2013 $23,880 $5,970 $29,850 $1,583
2012 $24,040 $6,010 $30,050 $1,466
2011 $23,960 $5,990 $29,950 $1,345
2009 $32,440 $8,110 $40,550 $1,475
2008 $34,120 $8,530 $42,650 $1,338
2007 $30,160 $7,540 $37,700 $1,438

Property facts

Year built
1987
Property type
townhomes
Stories
1
Beds
3
Baths
3
Living area
2,250 sqft
Lot size
9,992 sqft
ZIP code
85377
City
Carefree
Street
Cave Creek Rd
Coordinates
33.81850, -111.89583

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,488
Gross rental yield
3.74%
Implied cap rate
2.43%
Trend-extrapolated value

Frequently asked questions

When did 8502 Cave Creek Rd last sell?
8502 Cave Creek Rd most recently sold on Oct 11, 2022 for $1,120,000.
What is the current tax assessment for 8502 Cave Creek Rd?
The most recent total assessment for 8502 Cave Creek Rd (year 2022) is $50,010 with $1,708 in property tax.
How does 8502 Cave Creek Rd's assessment compare to its last sale price?
The current assessment is 95.5% below the last sale price of $1,120,000.
When was 8502 Cave Creek Rd built?
8502 Cave Creek Rd was built in 1987.
How does 8502 Cave Creek Rd compare to others on Cave Creek Rd?
We track 8 other properties on Cave Creek Rd. Browse the list under "Other properties on Cave Creek Rd" to compare beds, baths, and sale history.
What are the property facts for 8502 Cave Creek Rd?
8502 Cave Creek Rd is a 3 bed, 3 bath, 2,250 sqft, 9,992 sqft lot townhomes.
Is 8502 Cave Creek Rd a flip candidate?
No — 8502 Cave Creek Rd does not appear in our flips dataset.
Is 8502 Cave Creek Rd a tax-appeal candidate?
No — 8502 Cave Creek Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.8%
Implied 1-yr
+7.3%
2026 Q3
$1.64M
2026 Q4
$1.67M
ZIP 85377 — Median Price History + Forecast

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