37251 N Ootam Rd, Cave Creek, AZ 85331

Multifamily · Cave Creek · Phoenix metro, AZ

One of 17 reachable multifamily buildings in Cave Creek. Larger than 6% of multifamily buildings in Cave Creek (median 3,600 SF), derived from assessor records.

County gross building area
2,570 SF, Maricopa County Assessor
Lot size
8,840 SF, Maricopa County Assessor
Year built
1991, Maricopa County Assessor
Stories
1, Maricopa County Assessor
Buildings on parcel
2, Maricopa County Assessor
Predominant use
Fourplex - 1 Story, Maricopa County Assessor
Assessed value
$618,000, per the Maricopa County Assessor (not a market appraisal)
Assessed value per building SF
$240.47/SF, derived from assessor records
Building area / lot
0.29, derived from assessor records
Vintage
1990s vintage
County use code
FOURPLEX - 1 STORY

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

Want to talk to the owner? makeme1031 delivers a private letter directly to the owner of record. We never publish the owner's identity or address.

Own this building?

Claim privately

Claiming is for you. Your mailing address is never shown; no offer reaches you unless you opt in.

Claimed owners can confirm facts, watch the estimate, and decide whether to reply.

Received a letter about this building? It came from a real buyer through makeme1031; claiming is how you reply privately, on your terms.

Claimed owners also get Portfolio Pulse: a monthly email tracking this building's value.

Claim or manage this building

Sale history and market context

MakeMe Estimate: $780K (estimated market value), with a likely range of $623K to $925K (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $618,000 times a 1.26 market ratio, measured from 3891 verified arm's-length sale prices vs county values (multifamily sales across the county, through 2026-06-29). Not an appraisal. How this estimate works.

lower confidence: 4 comparable sales within 3 miles; nearest 0.1 mi. This property type carries wider measured error; treat the estimate as a starting point.

Comparable sales used as evidence

Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.

Value over time

$0$250K$500K$750K$1M20262027$780K$618KCounty assessed valueMakeMe Estimate range

Dark line: county assessed value per Maricopa County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $540,600 (2026) to $618,000 (2027), up 14% over 1 years, per county tax rolls. The 2027 roll splits $618,000 into $123,600 land and $494,400 improvements.