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7402 E CAREFREE Drive #214, Carefree, AZ, 85377

2beds
2baths
1,156sqft
$200,000
$173price/sqft
$1,479/moest. monthly cost
$59,160/yrincome needed

About This Home

Home is tenant occupied. Buyer to honor lease until 6/30/26 at $1800 p/ mo. Comfortable 2nd floor end unit in Carefree Terrace Condos. Split 2 bedroom, 2 bath with pretty mountain views from the interior and spacious outdoor balcony/patio. Featuring an open concept that is light & bright. Across the street from downtown Carefree, this location offers the ability to casually stroll to restaurants, shops, the beautiful botanical gardens & so much more. No Dogs allowed. 48 hr. notice to show

Getting Around

59
WalkingSomewhat Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

10/10
3/10

Construction

Condition

  • Year built: 1975

Materials

  • Roof: Built-Up
  • Construction materials: Stucco,Painted,Block

Type & Style

  • Home type: Apartment
  • Architectural style: Other
  • Property subType: Apartment

Interior

Appliances

  • Appliances included: Refrigerator,Dishwasher,Disposal,Electric Range,Electric Oven,Electric Cooktop
  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Non-laminate Counter,High Speed Internet,Eat-in Kitchen,Elevator,No Interior Steps,3/4 Bath Master Bdrm
  • Window features: Screens
  • Flooring: Carpet,Stone,Wood
  • Common walls with other units/homes: 1 Common Wall,Neighbor Below,Neighbor Above,End Unit

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,156
  • Total interior livable area: 1,156 sqft

Property

Details

  • Parcel number: 21683643
  • Attached to another structure: Yes

Features

  • Stories: 3
  • Patio & porch: Covered
  • Exterior features: Balcony
  • Has spa: Yes
  • Spa features: Heated
  • Fencing: None
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 1,257 sqft
  • Features: None,North/South Exposure

Parking

  • Total spaces: 2
  • Parking features: Assigned
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingVery High
  • Hail
    HailRelatively High
  • Wildfire
    WildfireRelatively High
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Hail
Wildfire
Strong Wind

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,011$12,132
Home Insurance $51$612
Property Taxes $201$2,412
Electricity $216$2,603
Total$1,479$17,748

Income You'd Need if You Spent...

35% on housing$50,708/yr
40% on housing$44,370/yr
45% on housing$39,440/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$173This listing

vs Other Active Listings

Avg $/sqft

ZIP 85377$484
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85377$427
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-22Price change$220,000
2026-04-05Listed for sale$240,000
2026-02-17Listing removed$240,000
2025-09-15Price change$240,000
2025-08-11Price change$250,000
2025-06-21Listing removed$1,800
2025-05-03Price change$1,800
2025-04-16Price change$275,000
2025-03-06Listed for rent$2,000
2025-02-06Listed for sale$285,000
2024-12-22Listing removed$2,400
2024-11-07Listed for rent$2,400
2021-02-24Listing removed--
2020-05-01Listing removed$1,300
2020-03-18Listed for rent$1,300
2019-04-03Sold$200,000
2019-03-29Listing removed$1,300
2019-03-01Listed for rent$1,300
2018-06-09Sold$150,000
2010-11-17Sold$98,000
2002-12-23Sold$79,000
2002-08-14Sold$87,500

For Sale by Agent

AgentLaura A Shutt
BrokerageRuss Lyon Sotheby's International Realty

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