NOT LISTED FOR SALE

1151 Circulo Mercado -- Unit 42 Rio Rico, AZ 85648

Estimated Value: $83,507

0.23 Acre
$363,074 Price per Acre
9,840 Sq Ft Lot

Last Sold May 03, 2024

Last sale price $57,000

Est. 47% increase in value since last sale

Current estimated payment $503/month

69 Days on Market

About This Lot

As of May 2024

Excellent investment opportunity to start your dream business on this 10481 sq. ft (.24) acre lot. Water and electricity are next to the property. Surrounded by other businesses located along the Rio Rico commercial strip and a growing community. Option to set up a restaurant, retail, convenience store, coffee shop, daycare and much more. Centrally located in Rio Rico with easy access to the freeway.

Last Agent to Sell the Property

Cristina Carrillo

Burns Realty Inc License #BR508496000 Listed on: 01/26/2024

Last Buyer's Agent

Cristina Carrillo

Burns Realty Inc License #BR508496000 Listed on: 01/26/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $687

Lot Details

  • 9,840 Sq Ft Lot
  • Property is zoned Commercial

Community Details

  • No Home Owners Association
  • Rio Rico Unit 7 Subdivision

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 114-50-082

Property Details

Property Type

Land

Est. Annual Taxes

$687

Lot Details

0

Listing Details

  • Legal Info Range: 13E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: {"Level":true}
  • Zoning: Commercial
  • Tax Year: 2023
  • Directions: Exit 17 to West Frontage Road, head north to Circulo Mercado to the address.
  • Lot Size Acres: 0.23
  • Road Surface Type: Gravel
  • Subdivision Name: RIO RICO UNIT 7
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Retail, Commercial

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Water Source: Check Availability

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Santa Cruz Valley Unified District

Lot Info

  • Lot Size: See map on file
  • Lot Size Sq Ft: 9840.0
  • Additional Parcels: No
  • Parcel #: 114-50-082
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 687.0
  • Tax Book Number: 114.00
  • Tax Lot: 42
  • Tax Map Number: 50.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2025
Sold by
Griego Jose Manuel Delgado
Bought by
Barrera Jorge
Current Estimated Value
$83,507

Purchase Details

Listed on
Jan 26, 2024
Closed on
May 3, 2024
Sold by
Rizalina S Japgos Revocable Living Trust and Japgos Rizalina S
Bought by
Griego Jose Manuel Delga
Seller's Agent
Cristina Carrillo
Burns Realty Inc
Buyer's Agent
Cristina Carrillo
Burns Realty Inc
List Price
$65,000
Sold Price
$57,000
Premium/Discount to List
-$8,000
-12.31%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.13%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Barrera Jorge $80,000 Stewart Title & Trust Of Phoen
Griego Jose Manuel Delga $57,000 Stewart Title & Trust Of Phoen
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $57,000 -12.3% --
04/05/2024 04/05/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $65,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $714 $8,096 $8,096 --
2024 $714 $10,061 $10,061 --
2023 $687 $4,716 $4,716 $0
2022 $687 $4,716 $4,716 $0
2021 $720 $4,716 $4,716 $0
2020 $714 $4,716 $4,716 $0
2019 $651 $4,716 $4,716 $0
2018 $647 $4,716 $4,716 $0
2017 $650 $4,716 $4,716 $0
2016 $923 $6,917 $6,917 $0
2015 $1,017 $7,378 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cristina Carrillo

    Seller's Agent in 2024

    Cristina Carrillo

    Burns Realty Inc

    (520) 281-8999

    314 Total Sales

    Cristina Carrillo
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6655577

Arizona Regional Multiple Listing Service (ARMLS)

APN: 114-50-082

Arizona Santa Cruz County Rio Rico 85648

1151 Circulo Mercado -- Unit 42, Rio Rico, AZ

This home is located at 1151 Circulo Mercado -- Unit 42, Rio Rico, AZ 85648 since 26 January 2024 and is currently estimated at $83,507. 1151 Circulo Mercado -- Unit 42 is a home located in Santa Cruz County with nearby schools including Rio Rico High School.

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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