$10,000 Closing Credit¹
#1069054, Listing Office: Berkshire Hathaway HomeService AZ Properties
#6839986·
Listing office: Silverleaf Realty·
Listing agent: Jennifer Boynton·
Listing office phone: 480-502-6902
$2,495,000 List price
7440 E Cave Creek Rd Carefree, AZ 85377
$10,000
Closing credit¹
House
Property details
About 7440 E Cave Creek Rd
Nestled in the tranquil heart of Carefree, this beautifully renovated multifamily property offers 8 distinct units, each thoughtfully restored to blend vintage character with modern conveniences. Every inch of the property has been updated with attention to detail, featuring brand-new custom kitchens with ample storage, new custom bathrooms, vinyl plank flooring, new windows, and new fans and fixtures. Each unit is equipped with new in-unit washer/dryers, updated HVAC systems, new hot water heaters, ensuring comfort and convenience throughout.Residents can enjoy new outdoor amenities, including a sparkling pool and putting green. The property comprises four spacious 2-bedroom/1-bath units and four 1-bedroom/1-bath units, offering a variety of living options.
Highlights
Home typeOther
HeatingElectric
StatusActive
CoolingCeiling Fan(s), Heat Pump
Year built1963
ParkingPaved, Free, 1 Space/Unit
MLS #6839986
Summary
- Flooring Type: Vinyl
- Parking: Paved, Free, 1 Space/Unit
- Heating: Electric
- Cooling: Ceiling Fan(s), Heat Pump
- List Price: $2,495,000
- Annual Tax Amount: $1,229
- Tax Year: 2024
- Directions: North on Tom Darlington to Cave Creek road. east to Elbow Bend. Lot is on the NWC of Cave Creek & Elbow Bend.
- Year Built: 1963
- MLS Number: 6839986
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Silverleaf Realty
- Office Phone: (480) 502-6902
- Office Email: jim@jjonesnaz.com
- Listing Agent: Jennifer Boynton
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 3:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,495,000
7440 E Cave Creek Rd
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 14, 2021 | Home Sold | $900,000 |
| Mar 31, 1993 | Home Sold | $256,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $105,560 | $1,229 |
| 2023 | $65,960 | $1,229 |
| 2022 | $47,000 | $1,341 |
| 2020 | $38,250 | $1,319 |
| 2019 | $35,180 | $1,238 |
| 2017 | $28,110 | $1,198 |
History based on county public records data.
Nearby schools
8
Desert Willow Elementary School
Public District PK-6
5.5 mi
•4322 E Desert Willow Pkwy
10
Wildfire Elementary School
Public District KG-6
9.9 mi
•3997 E Lockwood Dr
10
Fireside Elementary School
Public District PK-6
10.9 mi
•3725 E Lone Cactus Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $94,181. Most Carefree, AZ residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
22%
<35k
30%
35k-100k
27%
100k-200k
21%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
50%
Single, No Kids
2%
Single, with Kids
42%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
4%
12-17 yrs old
5%
18-34 yrs old
52%
35-64 yrs old
35%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Pro Wrestling
Figure Skating
Where do the neighbors shop?
Stein Mart
Family Dollar
Kmart
Where do the neighbors go to eat?
Cracker Barrel
Dominos Pizza
Bob Evans
What do the neighbors drive?
Lexus
Ford
Buick
What do the neighbors listen to?
Oldies
New Country
Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7440 E Cave Creek Rd
The listing price of 7440 E Cave Creek Rd property is $2,495,000.
The property 7440 E Cave Creek Rd is a house located in Carefree, Arizona, 85377.
Active Listing: 7440 E Cave Creek Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7440 E Cave Creek Rd are: Desert Willow Elementary School (GreatSchools Rating 8/10), Wildfire Elementary School (GreatSchools Rating 10/10), Fireside Elementary School (GreatSchools Rating 10/10), Sonoran Trails Middle School (GreatSchools Rating 6/10), Desert Mountain School (GreatSchools Rating 9/10), Explorer Middle School (GreatSchools Rating 8/10), Cactus Shadows High School (GreatSchools Rating 7/10), Pinnacle High School (GreatSchools Rating 8/10), Great Hearts Academies - Anthem Preparatory (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $1,229 (source: MLS/based on county public records data).
The last sale was on December 14, 2021 for $900,000 (source: MLS/tax record).
The property at 7440 E Cave Creek Rd has 0 bathroom.
The year of construction for 7440 E Cave Creek Rd is 1963.
This home is located at 7440 E Cave Creek Rd in Carefree, AZ and zip code 85377. Features: 0 bathroom. It has been listed on Rocket Homes since March 24, 2025 and is currently priced at $2,495,000.
While more than 0 listings in Carefree, AZ in March 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 10 were sold below. The number of homes for sale in Carefree, AZ increased by 11.3% between February and March 2025. Listings spent 69 days on the market in March 2025, and had a median list price of $1,212,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.