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31017 42nd Way

Cave Creek, AZ 85331

3 bd 2 ba 2,029 sqft Built 1993 Lot 5,665 sqft single_family
Most recent sale
$623,840
Oct 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 10, 2024 Sold $613,000 ArizonaRegionalMLS
Dec 7, 2022 Sold $165,000 Public Record
Oct 5, 2022 Sold $623,840 MLS #6430091
Aug 31, 2022 Price changed $619,000 MLS #6430091
Aug 23, 2022 Price changed $649,000 MLS #6430091
Jul 21, 2022 Price changed $669,999 MLS #6430091
Jul 7, 2022 Listed $699,000 MLS #6430091
Jun 23, 2016 Sold $330,000 Public Record
May 25, 2016 Relisted $330,000 MLS #5443867
May 18, 2016 Listing removed $325,000 ArizonaRegionalMLS
May 16, 2016 Listed $325,000 MLS #5443867
Aug 18, 2011 Sold $240,000 Public Record
Apr 22, 2011 Listing removed $199,000 ArizonaRegionalMLS
Apr 11, 2011 Price changed $199,000 MLS #4326559
Mar 20, 2011 Price changed $204,000 MLS #4326559
Feb 19, 2011 Price changed $205,000 MLS #4326559
Oct 29, 2010 Price changed $210,000 MLS #4326559
Sep 27, 2010 Price changed $165,000 MLS #4326559
Aug 19, 2010 Price changed $199,000 MLS #4326559
Aug 12, 2010 Relisted $210,000 MLS #4326559
May 21, 2010 Listing removed $199,900 ArizonaRegionalMLS
May 18, 2010 Price changed $199,900 MLS #4326559
Jan 26, 2010 Listed $230,000 MLS #4326559
Sep 4, 2009 Listing removed $1,650 ArizonaRegionalMLS
Jun 1, 2009 Listed for rent $1,650 ArizonaRegionalMLS
Sep 8, 2006 Sold $382,000 Public Record
Oct 31, 2003 Sold $226,000 Public Record
Feb 26, 1998 Sold $156,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $24,910 $6,220 $31,130 $1,590
2021 $23,490 $5,870 $29,360 $1,695
2020 $21,070 $5,260 $26,330 $1,656
2019 $21,020 $5,250 $26,270 $1,598
2018 $20,010 $5,000 $25,010 $1,535
2017 $19,100 $4,770 $23,870 $1,479
2016 $18,600 $4,650 $23,250 $1,454
2015 $18,430 $4,600 $23,030 $1,315
2014 $13,860 $3,460 $17,320 $1,225
2013 $13,010 $3,250 $16,260 $1,158
2012 $13,010 $3,250 $16,260 $1,089
2011 $13,990 $3,490 $17,480 $1,103
2009 $22,150 $5,530 $27,680 $1,470
2008 $25,400 $6,350 $31,750 $1,425
2007 $23,600 $5,900 $29,500 $1,454

Property facts

Year built
1993
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,029 sqft
Lot size
5,665 sqft
ZIP code
85331
City
Cave Creek
Street
42nd Way
Coordinates
33.76723, -111.98931

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
$3,145
Gross rental yield
6.05%
Implied cap rate
3.93%
Trend-extrapolated value

Frequently asked questions

When did 31017 42nd Way last sell?
31017 42nd Way most recently sold on Oct 5, 2022 for $623,840.
What is the current tax assessment for 31017 42nd Way?
The most recent total assessment for 31017 42nd Way (year 2022) is $31,130 with $1,590 in property tax.
How does 31017 42nd Way's assessment compare to its last sale price?
The current assessment is 95.0% below the last sale price of $623,840.
When was 31017 42nd Way built?
31017 42nd Way was built in 1993.
How does 31017 42nd Way compare to others on 42nd Way?
We track 7 other properties on 42nd Way. Browse the list under "Other properties on 42nd Way" to compare beds, baths, and sale history.
What are the property facts for 31017 42nd Way?
31017 42nd Way is a 3 bed, 2 bath, 2,029 sqft, 5,665 sqft lot single_family.
Is 31017 42nd Way a flip candidate?
Yes — 31017 42nd Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 31017 42nd Way a tax-appeal candidate?
No — 31017 42nd Way 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
+2.7%
Implied 1-yr
+10.7%
2026 Q3
$1.43M
2026 Q4
$1.47M
ZIP 85331 — Median Price History + Forecast

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