$390,000
SOLD DEC 5, 2025

10541 E Minnesota Ave Sun Lakes, AZ 85248

2 Beds
2 Baths
1,948 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$200 Per Sq Ft

22% Below List Price

6 Days on Market

Highlights

  • Concierge
  • Golf Course Community
  • Gated with Attendant
  • Jacobson Elementary School Rated A
  • Fitness Center
  • Waterfront

About This Home

As of December 2025

Rare waterfront Cimarron model in the gated active-adult community of Palo Verde in Sun Lakes! South-facing lot with peaceful water and mountain views, plus stunning Arizona sunsets. Welcoming front courtyard leads into an open foyer that flows into the living/dining room with fireplace, shutters, neutral tile and carpet. Bright, open kitchen with plenty of storage and built-in bar area is perfect for casual dining and entertaining. Spacious primary suite features two walk-in closets, dual sinks, soaking tub, walk-in shower and private patio exit. Large guest bedroom offers flexible space for office or hobbies. Oversized garage with golf-cart space and additional storage. Come enjoy resort-style amenities including golf, pools, fitness, pickleball, dining, and social activities!

Last Agent to Sell the Property

Charlotte Young

Realty ONE Group License #BR585020000 Listed on: 10/31/2025

Co-Listed By

Kathleen Reiser

Realty ONE Group License #SA675680000

Last Buyer's Agent

Jodi Berge

Realty ONE Group License #SA690059000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,390

Year Built

  • Built in 1986

Lot Details

  • 6,050 Sq Ft Lot
  • Waterfront
  • Sprinklers on Timer

HOA Fees

  • $198 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,948 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub With Separate Shower Stall

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • North or South Exposure
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 140
  • Assessor Parcel Number 303-59-555

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Sun Lakes HOA #2 Association, Phone Number (480) 895-3550
  • Built by Robson
  • Sun Lakes Unit 20 Subdivision, Cimarron Floorplan

Amenities

  • Concierge
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Racquetball
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,390

Year Built

Built in 1986

Lot Details

6,050 Sq Ft Lot

HOA Fees

$198 per month

Parking

2

Listing Details

  • Cross Street: Riggs & Alma School
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 198.25
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1986
  • Tax Year: 2024
  • Master Model: Cimarron
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: reog04
  • Co List Office Phone: 480-777-4500
  • Subdivision Name: SUN LAKES UNIT 20
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 200.2
  • Association Fees:HOA Fee2: 2379.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, Furnished(See Rmrks), No Interior Steps, Vaulted Ceiling(s), Wet Bar, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1948.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Community Features:ClubhouseRec Room: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Concierge: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: Other
  • Lot Features: North/South Exposure, Waterfront Lot, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Other, Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool, Racquetball, Golf, Community Spa, Community Spa Htd, Guarded Entry, Concierge, Tennis Court(s), Biking/Walking Path, Fitness Center
  • Association Fee: 2379.0
  • Association Fee Frequency: Annually
  • Association Name: Sun Lakes HOA #2
  • Phone: 480-895-3550
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 350.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Sun Lakes HOA #2
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 5000.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 39.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Adult
  • High School: Adult
  • Junior High Dist: Adult
  • Middle Or Junior School: Adult

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6050.0
  • Parcel #: 303-59-555

Building Info

  • Builder Name: Robson

Tax Info

  • Tax Annual Amount: 3390.0
  • Tax Book Number: 303.00
  • Tax Lot: 140
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2025
Closed on
Dec 3, 2025
Sold by
Pedersen Willard D
Bought by
Pyeatt Tracy Mcpherson
Seller's Agent
Charlotte Young
Realty ONE Group
Buyer's Agent
Jodi Berge
Realty ONE Group
List Price
$499,000
Sold Price
$390,000
Premium/Discount to List
-$109,000
-21.84%
Views
83
Current Estimated Value
$420,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,814
Avg. Annual Appreciation
27.80%
Original Mortgage
$292,500
Outstanding Balance
$291,937
Interest Rate
6.19%
Mortgage Type
New Conventional
Estimated Equity
$128,877

Purchase Details

Closed on
Feb 1, 1996
Sold by
Thiessen Fredrick W and Thiessen Muriel Anne
Bought by
Pedersen Willard D and Pedersen Ruth
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $390,000 Premier Title Agency
Joint Tenancy Deed $186,900 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $292,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2025 12/05/25 Sold $390,000 -21.8% $200 / Sq Ft
11/06/2025 11/06/25 Pending -- -- --
10/31/2025 10/31/25 For Sale $499,000 -- $256 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,533 $34,207 -- --
2024 $3,296 $32,578 -- --
2023 $3,296 $42,870 $8,570 $34,300
2022 $3,118 $33,110 $6,620 $26,490
2021 $3,190 $31,170 $6,230 $24,940
2020 $3,148 $27,610 $5,520 $22,090
2019 $3,021 $26,620 $5,320 $21,300
2018 $2,914 $24,310 $4,860 $19,450
2017 $2,726 $23,450 $4,690 $18,760
2016 $2,628 $24,100 $4,820 $19,280
2015 $2,534 $22,610 $4,520 $18,090
Source: Public Records

Agents Affiliated with this Home

  • Charlotte Young

    Seller's Agent in 2025

    Charlotte Young

    Realty One Group

    (480) 802-3857

    263 in this area

    313 Total Sales

    Charlotte Young
    Section Image
  • Kathleen Reiser

    Seller Co-Listing Agent in 2025

    Kathleen Reiser

    Realty One Group

    (602) 410-9078

    71 in this area

    84 Total Sales

    Kathleen Reiser
    Section Image
  • Jodi Berge

    Buyer's Agent in 2025

    Jodi Berge

    Realty One Group

    (612) 669-4825

    48 in this area

    65 Total Sales

    Jodi Berge
    Section Image
  • Mary Hobby

    Buyer Co-Listing Agent in 2025

    Mary Hobby

    Realty One Group

    (480) 420-6164

    76 in this area

    101 Total Sales

    Mary Hobby
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6941370

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-59-555

Arizona Maricopa County Sun Lakes 85248

10541 E Minnesota Ave, Sun Lakes, AZ

Sold

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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