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38500 School House Rd

Cave Creek, AZ 85331

3 bd 3 ba 2,292 sqft Built 2022 Lot 4,437 sqft single_family
Most recent sale
$804,377
Apr 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 11, 2026 Sold $820,000 ArizonaRegionalMLS
Jan 9, 2026 Listed $895,000 ArizonaRegionalMLS
Dec 2, 2022 Listing removed $4,950 ArizonaRegionalMLS
Jun 28, 2022 Price changed $995,000 MLS #6400637
Jun 19, 2022 Price changed for rent $4,950 ArizonaRegionalMLS
Jun 3, 2022 Price changed for rent $5,000 ArizonaRegionalMLS
Jun 3, 2022 Price changed $1,049,000 MLS #6400637
May 21, 2022 Listed $1,095,000 MLS #6400637
May 3, 2022 Listed for rent $5,975 ArizonaRegionalMLS
Apr 28, 2022 Sold $804,377 Public Record
Jan 8, 2021 Sold $1,306,196 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $13,935 $13,935 $110
2020 $10,429 $10,429 $297

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,292 sqft
Lot size
4,437 sqft
ZIP code
85331
City
Cave Creek
Street
School House Rd
Coordinates
33.83475, -111.94465

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
$3,553
Gross rental yield
5.30%
Implied cap rate
3.45%
Trend-extrapolated value

Frequently asked questions

When did 38500 School House Rd last sell?
38500 School House Rd most recently sold on Apr 28, 2022 for $804,377.
What is the current tax assessment for 38500 School House Rd?
The most recent total assessment for 38500 School House Rd (year 2022) is $13,935 with $110 in property tax.
How does 38500 School House Rd's assessment compare to its last sale price?
The current assessment is 98.3% below the last sale price of $804,377.
When was 38500 School House Rd built?
38500 School House Rd was built in 2022.
How does 38500 School House Rd compare to others on School House Rd?
We track 8 other properties on School House Rd. Browse the list under "Other properties on School House Rd" to compare beds, baths, and sale history.
What are the property facts for 38500 School House Rd?
38500 School House Rd is a 3 bed, 3 bath, 2,292 sqft, 4,437 sqft lot single_family.
Is 38500 School House Rd a flip candidate?
No — 38500 School House Rd does not appear in our flips dataset.
Is 38500 School House Rd a tax-appeal candidate?
No — 38500 School House Rd 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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