31628 40th Way
Cave Creek, AZ 85331
5 bd 4 ba 2,780 sqft Built 2020 Lot 10,454 sqft single_family
Most recent sale
$1,200,000
Sep 8, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 8, 2023 | Sold | $1,200,000 | ArizonaRegionalMLS |
| Nov 17, 2022 | Listing removed | — | ArizonaRegionalMLS |
| Oct 13, 2022 | Listed | $1,095,000 | ArizonaRegionalMLS |
| Aug 31, 2020 | Sold | $691,929 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $37,000 | $9,250 | $46,250 | $2,338 |
| 2020 | — | $13,665 | $13,665 | $603 |
| 2019 | — | $11,775 | $11,775 | $583 |
| 2018 | — | $2,886 | $2,886 | $179 |
Property facts
Year built
2020
Property type
single_family
Stories
1
Beds
5
Baths
4
Living area
2,780 sqft
Lot size
10,454 sqft
ZIP code
85331
City
Cave Creek
Street
40th Way
Coordinates
33.77250, -111.99424
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,309
Gross rental yield
4.31%
Implied cap rate
2.80%
Trend-extrapolated value
—
Frequently asked questions
When did 31628 40th Way last sell?
31628 40th Way most recently sold on Sep 8, 2023 for $1,200,000.
What is the current tax assessment for 31628 40th Way?
The most recent total assessment for 31628 40th Way (year 2022) is $46,250 with $2,338 in property tax.
How does 31628 40th Way's assessment compare to its last sale price?
The current assessment is 96.1% below the last sale price of $1,200,000.
When was 31628 40th Way built?
31628 40th Way was built in 2020.
How does 31628 40th Way compare to others on 40th Way?
We track 8 other properties on 40th Way. Browse the list under "Other properties on 40th Way" to compare beds, baths, and sale history.
What are the property facts for 31628 40th Way?
31628 40th Way is a 5 bed, 4 bath, 2,780 sqft, 10,454 sqft lot single_family.
Is 31628 40th Way a flip candidate?
No — 31628 40th Way does not appear in our flips dataset.
Is 31628 40th Way a tax-appeal candidate?
No — 31628 40th Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.7%
Implied 1-yr
+10.7%
2026 Q3
$1.43M
2026 Q4
$1.47M
ZIP 85331 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 40th Way