Prime North Phoenix 10 ac. Auction
5725 E. Lone Mountain Rd. Cave Creek, AZ 85331
Current Time: Nov 23, 2024, 1:12 am MST
Auction Ended
Feb 25, 2021, 3:00 pm MST
Winning Bid:
$2,260,000.00
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Property Details:
Property Type: Residential
Size/Acreage: 10 ac.
Zoning: Residential/ Ag Exempt
Preview: By Appointment
Property Taxes: 5689.62 (2020)
Amenities: 4000 sq. ft. home plus Casita. Some Horse Facilities remain.
Description: This property is SOLD AT AUCTION!!
THANK YOU TO OUR AUCTION PARTNER, JOHN PAYNE, UNITED COUNTRY REAL ESTATE AND OUR SELLING BROKER, MIKE ZSCHUNKE AT BERKSHIRE HATHAWAY.
THANK YOU TO ALL THE BIDDERS WHO PARTICIPATED IN THIS AUCTION. WE APPRECIATE YOUR INTEREST IN THIS PROPERTY!
FABULOUS AUCTION OPPORTUNITY IN THE NORTH SCOTTSDALE/ CAVE CREEK AREA.
5725 E. LONE MOUNTAIN RD., CAVE CREEK, AZ. IS A PRIME 10 AC. PARCEL READY FOR THE NEXT CHAPTER....
THE PROPERTY WAS FORMERLY THE HOME OF SILVER SPURS RANCH AND NOW NEEDS A NEW OWNER. ONE OF THE LAST 10 AC. PARCELS IN THE AREA. THERE IS A 4000 SQ. FT. HOME THAT LOOKS BETTER ON THE INSIDE THAN THE OUTSIDE AND A 1000 SQ. FT. CASITA THAT NEEDS TLC. THERE ARE A FEW REMNANTS LEFT FROM THE HORSE FACILITY DAYS AND THE AG EXEMPTION HAS KEPT THE TAXES DOWN.
THIS IS A COUNTY ISLAND WITH SCOTTSDALE WATER AND SEPTIC FOR THE HOME AND CASITA BUT NO SEWER HOOKUP TO CITY OF PHOENIX.
IT IS VERY HARD TO FIND THIS TYPE OF PROPERTY ANYMORE .
AUCTION WILL BE FEB. 25TH ON-SITE WITH AN ONLINE SIMULCAST FOR THOSE WHO ARE UNABLE TO ATTEND.
A $25,000.00 CASHIER'S CHECK IS REQUIRED TO REGISTER. THE TERMS ARE 10% DOWN ON THE DAY OF THE AUCTION AND BALANCE DUE IN 30 DAYS. THE 10% EARNEST DEPOSIT WILL BE THE $25,000.00 CASHIER'S CHECK AND A BUSINESS OR PERSONAL CHECK FOR THE BALANCE OF A FULL 10% OF THE PURCHASE PRICE. ALL CHECKS ARE TO BE MADE PAYABLE TO DRIGGS TITLE. A 10% BUYER'S PREMIUM WILL BE ADDED TO THE HIGH BID TO DETERMINE THE PURCHASE PRICE. ALL EARNEST MONEY IS NON-REFUNDABLE UPON ACCEPTANCE OF THE HIGH BID AND APPROVAL BY SELLER. THERE ARE NO CONTINGENCIES ON FINANCING. ALL INSPECTIONS MUST BE DONE PRIOR TO AUCTION DAY. THE PROPERTY IS BEING SOLD "AS IS, WHERE IS". SELLER GUARANTEES CLEAR TITLE OF LEINS AND MORTGAGES. NO BACK TAXES OR ASSESSMENTS.