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5501 Dew Drop Trl

Cave Creek, AZ 85331

4 bd 5 ba 4,560 sqft Built 2020 Lot 18,295 sqft single_family
Most recent sale
$2,450,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $2,450,000 MLS #6369749
Mar 20, 2022 Listed $2,450,000 MLS #6369749
Jul 29, 2020 Sold $1,104,310 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $159,820 $4,944
2024 $159,820 $4,809
2023 $168,250 $4,609
2022 $80,460 $20,110 $100,570 $4,482
2021 $79,620 $19,900 $99,520 $4,777
2020 $19,215 $19,215 $923
2019 $16,650 $16,650 $892
2018 $16,560 $16,560 $860
2017 $15,030 $15,030 $830
2016 $14,160 $14,160 $819

Property facts

Year built
2020
Property type
single_family
Stories
1
Beds
4
Baths
5
Living area
4,560 sqft
Lot size
18,295 sqft
ZIP code
85331
City
Cave Creek
Street
Dew Drop Trl
Coordinates
33.75231, -111.96280

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
$14,700
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5501 Dew Drop Trl last sell?
5501 Dew Drop Trl most recently sold on Jun 3, 2022 for $2,450,000.
What is the current tax assessment for 5501 Dew Drop Trl?
The most recent total assessment for 5501 Dew Drop Trl (year 2025) is $159,820 with $4,944 in property tax.
How does 5501 Dew Drop Trl's assessment compare to its last sale price?
The current assessment is 93.5% below the last sale price of $2,450,000.
When was 5501 Dew Drop Trl built?
5501 Dew Drop Trl was built in 2020.
How does 5501 Dew Drop Trl compare to others on Dew Drop Trl?
We track 8 other properties on Dew Drop Trl. Browse the list under "Other properties on Dew Drop Trl" to compare beds, baths, and sale history.
What are the property facts for 5501 Dew Drop Trl?
5501 Dew Drop Trl is a 4 bed, 5 bath, 4,560 sqft, 18,295 sqft lot single_family.
Is 5501 Dew Drop Trl a flip candidate?
Yes — 5501 Dew Drop Trl appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5501 Dew Drop Trl a tax-appeal candidate?
No — 5501 Dew Drop Trl 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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