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32239 48th St

Cave Creek, AZ 85331

3 bd 2 ba 2,272 sqft Built 2002 Lot 22,216 sqft single_family
Most recent sale
$795,000
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 23, 2022 Sold $795,000 MLS #6398259
May 12, 2022 Listed $795,000 MLS #6398259
Apr 19, 2022 Listed $775,000 MLS #6382196
Jun 3, 2016 Sold $410,000 Public Record
Apr 13, 2016 Relisted $419,900 MLS #5332207
Apr 1, 2016 Listing removed $419,900 ArizonaRegionalMLS
Jan 15, 2016 Price changed $419,900 MLS #5332207
Nov 19, 2015 Price changed $429,900 MLS #5332207
Oct 16, 2015 Price changed $439,900 MLS #5332207
Sep 9, 2015 Listed $449,900 MLS #5332207
Nov 19, 2001 Sold $294,179 Public Record
Oct 4, 2001 Sold $5,788,375 Public Record
Jul 11, 2000 Sold $385,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $69,280 $2,727
2024 $69,280 $2,653
2023 $69,550 $2,542
2022 $35,770 $8,940 $44,710 $2,472
2021 $34,610 $8,650 $43,260 $2,635
2020 $30,520 $7,630 $38,150 $2,574
2019 $29,640 $7,410 $37,050 $2,482
2018 $30,190 $7,540 $37,730 $2,386
2017 $27,980 $6,990 $34,970 $2,298
2016 $27,430 $6,850 $34,280 $2,260
2015 $26,050 $6,510 $32,560 $2,043
2014 $21,540 $5,380 $26,920 $1,904
2013 $21,540 $5,380 $26,920 $1,917
2012 $21,540 $5,380 $26,920 $1,802
2011 $21,540 $5,380 $26,920 $1,826
2009 $34,450 $8,610 $43,060 $2,273
2008 $38,440 $9,610 $48,050 $2,181
2007 $35,480 $8,870 $44,350 $2,230

Property facts

Year built
2002
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,272 sqft
Lot size
22,216 sqft
ZIP code
85331
City
Cave Creek
Street
48th St
Coordinates
33.77862, -111.97772

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
$3,522
Gross rental yield
5.32%
Implied cap rate
3.46%
Trend-extrapolated value

Frequently asked questions

When did 32239 48th St last sell?
32239 48th St most recently sold on Jun 23, 2022 for $795,000.
What is the current tax assessment for 32239 48th St?
The most recent total assessment for 32239 48th St (year 2025) is $69,280 with $2,727 in property tax.
How does 32239 48th St's assessment compare to its last sale price?
The current assessment is 91.3% below the last sale price of $795,000.
When was 32239 48th St built?
32239 48th St was built in 2002.
How does 32239 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 32239 48th St?
32239 48th St is a 3 bed, 2 bath, 2,272 sqft, 22,216 sqft lot single_family.
Is 32239 48th St a flip candidate?
No — 32239 48th St does not appear in our flips dataset.
Is 32239 48th St a tax-appeal candidate?
No — 32239 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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