4220 E DESERT MARIGOLD Drive, Cave Creek, AZ 85331, Cave Creek, 85331 - 3 bed, 2 bath
Loading property details...
Cave Creek, AZ 85331
This Move-In Ready Single Family Residence is a Strong Value Opportunity, listed at $648,800—positioned well below the $664,090 Fair Market Value by 2%. This valuation gap offers $15,290 in Instant Equity. Featuring a Good Condition Rating with a new 2024 HVAC, 2020 roof, and a private pool, the home offers immediate comfort. The rare 2.625% VA assumable loan provides significant financial leverage. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey home in Cave Creek.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4220 E DESERT MARIGOLD Drive Subject | $648,800* List Price | 3 | 2 | 2,029 | $327 | - |
A 4321 E RANCHO CALIENTE Drive Sold | $559,900 List Price | 3 | 2 | 1,810 | 0.2 mi | |
B 31044 N 40TH Place Sold | $563,900 | 3 | 3 | 1,739 | $324 | 0.2 mi |
C 4226 E CREOSOTE Drive Sold | $550,000 | 3 | 3 | 1,906 | $289 | 0.1 mi |
D 4243 E DESERT MARIGOLD Drive Active Under Contract | $639,900 List Price | 3 | 2 | 2,019 | $317 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1993 (31 years old), it qualifies as 'Good' due to significant recent renovations and meticulous maintenance. Key systems are updated with a new HVAC (2024) and a new roof (2020). The kitchen features modern upgrades including quartz countertops and an induction cooktop. The interior is move-in ready with fresh paint and well-maintained finishes, effectively offsetting the chronological age of the structure.
The rare 2.625% VA assumable loan offers a significant financial advantage, providing substantial monthly savings compared to current market interest rates.
Recent high-ticket maintenance, including a new HVAC system (2024) and a new roof (2020), minimizes immediate capital expenditure for the new owner.
The home is meticulously maintained with modern quartz countertops, fresh interior paint, and a private pool, offering an turnkey experience for buyers.
The 5,665 sqft lot is relatively compact for a 2,000+ sqft home, which may limit outdoor utility and privacy compared to larger parcels in the Cave Creek area.
Built in 1993, the floor plan includes formal living and dining spaces that may feel dated to buyers seeking a fully integrated, modern open-concept design.
Move-in ready and meticulously maintained, this 3-bedroom, 2-bath home in sought-after Tatum Ranch offers the perfect blend of comfort and convenience. The functional floor plan features formal living and dining spaces, a spacious primary suite with an ensuite bath and large walk-in closet, and a beautifully appointed kitchen with Quartz countertops, an induction cooktop, and center island. Major updates include a new HVAC system in 2024 and a new roof in 2020. Fresh interior paint makes the home feel like new. Step outside to a private backyard oasis with a sparkling pool and low-maintenance landscaping, perfect for relaxing or entertaining. Epoxy garage floors and built-in storage add extra value. Plus, a rare 2.625% VA assumable loan opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 2,029 | 2,250 | 33% |
| Lot Size | 5,665 | 8,968 | 16% |
| Price | $648.8K | $502.5K | 60% |
| Price per sq ft | $320 | $272 | 63% |
| Built year | 1993 | 1999 | 26% |
| HOA | $107 | $78 | 60% |
| Days on market | 8 | 2644 | 1% |
May 29, 2026
$648,800
Initial Listing