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38500 School House Rd

Cave Creek, AZ 85331

3 bd 2 ba 2,292 sqft Built 2022 Lot 4,655 sqft single_family
Most recent sale
$811,995
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 31, 2025 Sold $775,000 ArizonaRegionalMLS
Aug 22, 2025 Listing removed $4,850 ArizonaRegionalMLS
Mar 6, 2024 Listed for rent $4,950 ArizonaRegionalMLS
Feb 23, 2024 Sold $825,000 ArizonaRegionalMLS
Jan 29, 2024 Price changed $828,000 ArizonaRegionalMLS
Jan 22, 2024 Price changed $833,000 ArizonaRegionalMLS
Jan 8, 2024 Price changed $838,000 ArizonaRegionalMLS
Jan 8, 2024 Listed for rent $4,950 ArizonaRegionalMLS
Jan 2, 2024 Price changed $885,000 ArizonaRegionalMLS
Oct 12, 2023 Listed $898,000 ArizonaRegionalMLS
Feb 28, 2023 Price changed $898,000 ArizonaRegionalMLS
Jan 13, 2023 Price changed $945,000 ArizonaRegionalMLS
Jan 5, 2023 Price changed $949,000 ArizonaRegionalMLS
Aug 10, 2022 Price changed $975,000 MLS #6392201
Jul 11, 2022 Price changed $990,000 MLS #6392201
Jun 24, 2022 Price changed $1,045,000 MLS #6392201
Jun 13, 2022 Price changed $1,095,000 MLS #6392201
Jun 5, 2022 Price changed $1,145,000 MLS #6392201
May 17, 2022 Price changed $1,195,000 MLS #6392201
Apr 30, 2022 Listed $1,200,000 MLS #6392201
Apr 29, 2022 Sold $811,995 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $14,325 $14,325 $113
2020 $10,942 $10,942 $311

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,292 sqft
Lot size
4,655 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
5.25%
Implied cap rate
3.41%
Trend-extrapolated value

Frequently asked questions

When did 38500 School House Rd last sell?
38500 School House Rd most recently sold on Apr 29, 2022 for $811,995.
What is the current tax assessment for 38500 School House Rd?
The most recent total assessment for 38500 School House Rd (year 2022) is $14,325 with $113 in property tax.
How does 38500 School House Rd's assessment compare to its last sale price?
The current assessment is 98.2% below the last sale price of $811,995.
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, 2 bath, 2,292 sqft, 4,655 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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