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29601 48th St

Cave Creek, AZ 85331

3 bd 2 ba 1,942 sqft Built 1999 Lot 12,197 sqft single_family
Most recent sale
$695,000
Sep 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 21, 2022 Sold $695,000 MLS #6428319
Aug 5, 2022 Price changed $699,000 MLS #6428319
Jul 20, 2022 Price changed $729,000 MLS #6428319
Jul 8, 2022 Listed $750,000 MLS #6428319
Oct 29, 2019 Sold $430,000 MLS #5981361
Oct 6, 2005 Sold $515,000 Public Record
Apr 20, 2001 Sold $222,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $31,040 $7,760 $38,800 $2,364
2021 $29,160 $7,290 $36,450 $2,483
2020 $26,240 $6,560 $32,800 $2,424
2019 $26,170 $6,540 $32,710 $2,085
2018 $24,970 $6,240 $31,210 $2,003
2017 $23,880 $5,970 $29,850 $1,929
2016 $23,110 $5,770 $28,880 $1,897
2015 $21,950 $5,480 $27,430 $1,716
2014 $18,080 $4,520 $22,600 $1,599
2013 $16,600 $4,150 $20,750 $1,694
2012 $16,600 $4,150 $20,750 $1,520
2011 $17,850 $4,460 $22,310 $1,548
2009 $27,390 $6,840 $34,230 $2,015
2008 $30,960 $7,740 $38,700 $1,980
2007 $28,720 $7,180 $35,900 $2,025

Property facts

Year built
1999
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,942 sqft
Lot size
12,197 sqft
ZIP code
85331
City
Cave Creek
Street
48th St
Coordinates
33.75369, -111.97845

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
$3,010
Gross rental yield
5.20%
Implied cap rate
3.38%
Trend-extrapolated value

Frequently asked questions

When did 29601 48th St last sell?
29601 48th St most recently sold on Sep 21, 2022 for $695,000.
What is the current tax assessment for 29601 48th St?
The most recent total assessment for 29601 48th St (year 2022) is $38,800 with $2,364 in property tax.
How does 29601 48th St's assessment compare to its last sale price?
The current assessment is 94.4% below the last sale price of $695,000.
When was 29601 48th St built?
29601 48th St was built in 1999.
How does 29601 48th St compare to others on 48th St?
We track 8 other properties on 48th St. Browse the list under "Other properties on 48th St" to compare beds, baths, and sale history.
What are the property facts for 29601 48th St?
29601 48th St is a 3 bed, 2 bath, 1,942 sqft, 12,197 sqft lot single_family.
Is 29601 48th St a flip candidate?
No — 29601 48th St does not appear in our flips dataset.
Is 29601 48th St a tax-appeal candidate?
No — 29601 48th St 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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