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Pre-foreclosure
  • Est. $1,221,800

    18202 N CAVE CREEK Road #105, Phoenix, AZ 85032

    37beds
    24baths
    12,540sqft
    Condominium
    Built in 1983
    -- sqft lot
    $1,221,800 Zestimate®
    $97/sqft
    $-- HOA

    Overview

    Welcome to a prime investment opportunity in the heart of Phoenix! This meticulously maintained property consists of 15 units, offering a lucrative cash flow for savvy investors. Nestled in a sought-after neighborhood, the location provides easy access to major amenities, schools, and entertainment. Each unit is equipped with modern amenities, ensuring tenant satisfaction and retention. With a proven track record of consistent rental income, this turnkey investment is an ideal addition to any portfolio. Take advantage of Phoenix's thriving real estate market and secure your financial future with this cash-flowing gem. Whether you're a seasoned investor or entering the market for the first time, don't miss out on this golden opportunity in the dynamic landscape of Phoenix real estate!
    150 days
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    6
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: December 10, 2024 at 04:00pm

    Listed by:

    Murphy DeMara 480-257-9194,

    eXp Realty,

    Austin Zaback 480-399-0669,

    eXp Realty

    Source: ARMLS,MLS#: 6639720MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 37
      • Bathrooms: 24
      Heating
      • Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave
      Features
      • Flooring: Vinyl
      Interior area
      • Total structure area: 12,540
      • Total interior livable area: 12,540 sqft

      Property

      Parking
      • Total spaces: 15
      • Parking features: Assigned, On Street, Carport
      • Has carport: Yes
      • Covered spaces: 8
      • Uncovered spaces: 7
      Details
      • Parcel number: 21407038
      • Zoning: MF

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Wood Frame, Painted, Stucco
      • Roof: Foam
      Condition
      • Year built: 1983

      Utilities & green energy

      • Electric: APS
      • Sewer: Public Sewer
      • Water: City Franchise

      Community & HOA

      Community
      • Features: Other, Pool
      • Subdivision: MOUNTAIN SPRINGS TERRACE CONDOMINIUM
      Location
      • Region: Phoenix

      Financial & listing details

      • Price per square foot: $97/sqft
      • Tax assessed value: $106,600
      • Annual tax amount: $229
      • Date on market: 11/23/2025
      • Listing terms: Other (See Remarks),1031 Exchange,Lease Option
      • Ownership: Condominium
      • Electric utility on property: Yes

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        Foreclosure details

        Estimated market value

        $1,221,800

        $929,000 - $1.60M

        $1,349/mo

        Price history

        Price history
        DateEventPrice
        2/24/2024Listing removed--
        Source: Zillow Rentals Report a problem
        12/12/2023Sold$2,850,000+4284.6%$227/sqft
        Source: ARMLS #6639720 Report a problem
        9/25/2023Price change$1,900-3.8%
        Source: Zillow Rentals Report a problem
        9/11/2023Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        9/11/2023Listed for rent$1,975
        Source: Zillow Rentals Report a problem
        7/22/2020Sold$65,000-7.1%$5/sqft
        Source: ARMLS #6065657 Report a problem
        4/17/2020Price change$70,000-6.7%$6/sqft
        Source: West USA Realty #6065657 Report a problem
        4/13/2020Listed for sale$75,000+78.6%$6/sqft
        Source: West USA Realty #6065657 Report a problem
        6/23/2016Sold$42,000-6.5%$3/sqft
        Source: Public Record Report a problem
        3/4/2016Listed for sale$44,900$4/sqft
        Source: ProSmart Realty #5407872 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$236 +2.6%$10,660 +5.4%
        2024$230 +2%$10,110 +374%
        2023$225 -0.7%$2,133 -64%
        2022$227 +2.9%$5,920 +9.6%
        2021$221 -0.1%$5,400 +3.6%
        2020$221 +3.4%$5,210 +8.1%
        2019$214 $4,820 +27.5%
        2018$214 +4.3%$3,780 +22.7%
        2017$205 +9.8%$3,080 +8.8%
        2016$186 +3.7%$2,830 +33.5%
        2015$180 $2,120 +36.8%
        2014-- $1,550 +24%
        2013-- $1,250 -10.7%
        2012-- $1,400 -75.4%
        2011-- $5,700 -0.9%
        2010-- $5,750 -25.3%
        2009-- $7,700 -1.9%
        2008-- $7,850 +6.1%
        2007-- $7,400 +51%
        2006-- $4,900
        2005-- $4,900 +53.1%
        2004-- $3,200 -43.9%
        2003-- $5,700 +99.3%
        2002-- $2,860

        Find assessor info on the county website

        BuyAbility℠ payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Boost your down payment with 6% savings match

        Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

        Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

        Climate risks

        Neighborhood: Paradise Valley

        Getting around

        47 / 100
        Car-Dependent
        36 / 100
        Some Transit
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Paradise Valley Unified District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.