5811 E Surrey Dr, Cave Creek, AZ 85331
Multifamily · Cave Creek · Phoenix metro, AZ
One of 17 reachable multifamily buildings in Cave Creek. Larger than 56% of multifamily buildings in Cave Creek (median 3,600 SF), derived from assessor records.
- County gross building area
- 4,300 SF, Maricopa County Assessor
- Lot size
- 23,650 SF, Maricopa County Assessor
- Year built
- 1971, Maricopa County Assessor
- Stories
- 1, Maricopa County Assessor
- Predominant use
- Apartments 5 - 24 Units, Maricopa County Assessor
- Assessed value
- $1,197,700, per the Maricopa County Assessor (not a market appraisal)
- Assessed value per building SF
- $278.53/SF, derived from assessor records
- Building area / lot
- 0.18, derived from assessor records
- Vintage
- 1970s vintage
- County use code
- APARTMENTS 5 - 24 UNITS
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
- 37208 N Conestoga Trl, Cave Creek · 0.2 mi · 2,875 SF · built 1978 · assessed $241.32/SF
- 37217 N Conestoga Trl, Cave Creek · 0.2 mi · 5,270 SF · built 1981 · assessed $255.45/SF
- 37230 N Conestoga Trl, Cave Creek · 0.2 mi · 2,240 SF · built 1976 · assessed $254.78/SF
- 5818 E Cholla Rd, Cave Creek · 0.2 mi · 2,754 SF · built 1978 · assessed $245.35/SF
- 37251 N Ootam Rd, Cave Creek · 0.3 mi · 2,570 SF · built 1988 · assessed $238.72/SF
- 37427 N Ootam Rd, Cave Creek · 0.3 mi · 6,950 SF · built 1986 · assessed $221.29/SF
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Sale history and market context
MakeMe Estimate: $1.51M (estimated market value), with a likely range of $1.21M to $1.79M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $1,197,700 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 0.3 mi. This property type carries wider measured error; treat the estimate as a starting point.
Comparable sales used as evidence
- 37427 N Ootam Rd, Cave Creek: $1,775,000 (2023-04), 6,950 SF, $255.40/SF, 0.3 mi away
- 37433 N Ootam Rd, Cave Creek: $2,000,000 (2024-07), 6,950 SF, $287.77/SF, 0.4 mi away
- 38259 N Jacqualine Dr, Cave Creek: $840,000 (2024-01), 2,575 SF, $326.21/SF, 1 mi away
- 7440 E Cave Creek Rd, Carefree: $2,465,000 (2025-05), 6,736 SF, $365.94/SF, 2.1 mi away
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.
Land, site, and value history
Assessed value moved from $1,102,100 (2026) to $1,197,700 (2027), up 9% over 1 years, per county tax rolls. The 2027 roll splits $1,197,700 into $239,500 land and $958,200 improvements.