NOT LISTED FOR SALE

12015 W Formosa Ln Marana, AZ 85653

Rancho Marana Neighborhood

Estimated Value: $373,000 - $439,000

3 Beds
2.5 Baths
2,488 Sq Ft
$165/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $310,000 $125 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,496/month

18 Days on Market

Highlights

  • 2 Car Garage
  • Reverse Osmosis System
  • Contemporary Architecture
  • Panoramic View
  • 0.27 Acre Lot
  • Vaulted Ceiling

About This Home

As of September 2020

Fantastic 3 bedroom home in desirable Solara with an enormous, private yard! Kitchen features a wide open floorplan with beautiful maple cabinetry w/sliding shelves, granite countertops, stainless steel appliances, and a large island for extra prep, storage and entertainment flow. Large laundry room off of the kitchen. Den/Office and half bath on main floor.Upstairs is a roomy loft, the master suite, additional bedrooms and full guest bathroom. Master en suite bathroom has dual sinks, shower and a large walk in closet. The oversized backyard backs to common area with no neighbors directly behind, citrus trees, raised garden beds, plenty of room for a pool and a huge sideyard with handy utility gate! Neighborhood offers a walking trail and park. Don't miss this one!

Last Agent to Sell the Property

Marva Jeffers

Tierra Antigua Realty Listed on: 07/22/2020

Tierra Antigua Realty

Last Buyer's Agent

Laurie Westfall

Long Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,619

Year Built

  • Built in 2008

Lot Details

  • 0.27 Acre Lot
  • Lot includes common area
  • West Facing Home
  • East or West Exposure
  • Block Wall Fence
  • Drip System Landscaping
  • Landscaped with Trees
  • Vegetable Garden
  • Grass Covered Lot
  • Front Yard
  • Property is zoned Marana - F

HOA Fees

  • $65 Monthly HOA Fees

Property Views

  • Panoramic
  • Pasture

Home Design

  • Contemporary Architecture
  • Frame With Stucco
  • Tile Roof

Interior Spaces

  • 2,488 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Family Room
  • Dining Area
  • Den
  • Loft
  • Sink in Utility Room

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Powder Room
  • Solid Surface Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Prewired Security
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Parking Pad
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Estes Elementary School
  • Marana Middle School
  • Marana High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener

Community Details

Overview

  • Association fees include street maintenance
  • Rancho Marana HOA
  • Rancho Marana Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Park
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,619

Year Built

Built in 2008

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Property Type: Residential
  • Dwelling Type: Single Family Residence
  • Style: Contemporary
  • Technology: None
  • Accessibility Options: None
  • Legal Description: From Parcel: 217431800/Rancho Marana 154 Block 2 Lot 50 Cmid
  • Building Stories: Two
  • List Price per Sq Ft: 124.60
  • Subdivision Restrict C C And Rs: Yes
  • Additional Bathroom Features: Countertops/Hall, Powder Room, Shower & Tub
  • Exterior Features Front Faces: West
  • Income Property Current Use: Owner Occupied
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Dual Pane Windows, Split Bedroom Plan, Vaulted Ceilings, Walk In Closet(s), Water Softener
  • Fireplace: None
  • Fireplace Location: None
  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile
  • Bedrooms: 3
  • Master Bathroom Features: Double Vanity, Shower Only
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: No
  • Dining Areas: Breakfast Bar, Dining Area
  • Kitchen Features Appliance Color: Stainless
  • Kitchen Features Countertops: Granite
  • Kitchen Features Pantry: Closet
  • Living Areas: Family Room
  • Laundry: Dryer, Laundry Room, Washer
  • Extra Room: Den, Loft
  • Combined Sq Ft: 2488.00
  • Interior Steps YN: Y
  • Kitchen Features: Dishwasher, Garbage Disposal, Gas Range, Microwave, Refrigerator, Reverse Osmosis
  • Main House Sq Ft: 2488.00
  • Source Of Sq Ft: Assessor

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Concrete
  • ExteriorFeatures: None
  • F E M A Flood Zone: No
  • Fence: Block
  • Guest Facilities: None
  • Landscape Front: Decorative Gravel, Desert Plantings, Low Care, Sprinkler/Drip
  • Landscape Rear: Decorative Gravel, Desert Plantings, Grass, Sprinkler/Drip, Trees, Vegetable Garden
  • Patio Deck: Covered, Slab
  • Pool Conventional: No
  • Road Maintenance: HOA
  • Roof: Tile
  • Spa: None
  • View: Panoramic, Pasture, Residential, Sunrise

Garage/Parking

  • Driveway: Car(s) Pad, To Property Line
  • Garage Carport Feat: Attached Garage/Carport, Electric Door Opener, Utility Sink
  • Number Of Covered Prkng: 2.00
  • Number Of Garage Spaces: 2.00
  • Rv Parking: None

Utilities

  • Water: City
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Zoned
  • Main Heating: Forced Air, Natural Gas
  • Security: Prewired, Smoke Detector(s)
  • Sewer: Connected

Condo/Co-op/Association

  • Association Amenities: Park
  • Association Fees Include: Street Maint
  • HOA: Yes
  • Monthly HOA Fee: 65.00
  • HOA Name: Rancho Marana HOA
  • HOA Payment Frequency: Monthly
  • Community: None
  • Neighborhood Feature: Park, Walking Trail

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes

Schools

  • School District: Marana
  • Elementary School: Estes
  • Middle School: Marana
  • High School: Marana

Lot Info

  • Property Group ID: 19990816212109142258000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.27
  • Lot Dimensions: Irregular 30' x 158' x 73' x 56' x 138'
  • Lot Features: Borders Common Area, East/West Exposure
  • Lot Size Price Sq Ft: 26.36
  • Lot Sq Ft: 11761.00
  • Lot Sz Sold Prc Sq Ft: 26.36
  • Municipality Zoning: Marana - F
  • Municipal Flood Zone: No

Building Info

  • Year Built: 2008

Tax Info

  • Tax Code: 217-43-2350
  • Taxes: 2618.58
  • Tax Year: 2019

MLS Schools

  • Middle School: Marana
  • Elementary School: Estes
  • High School: Marana
  • School District: Marana

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Aug 24, 2020
Sold by
Hoskins Roy and Hoskins Lisa
Bought by
Miller Robert Thomas and Miller Teresa Elaine
Seller's Agent
Marva Jeffers
Tierra Antigua Realty
Buyer's Agent
Laurie Westfall
Long Realty
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$410,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,564
Avg. Annual Appreciation
5.69%
Original Mortgage
$304,385
Outstanding Balance
$269,507
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$141,057

Purchase Details

Closed on
Mar 26, 2008
Sold by
First American Title Insurance Co
Bought by
First American Title Insurance Co

Purchase Details

Closed on
Nov 14, 2007
Sold by
Meritage Homes Of Arizona Inc
Bought by
Hoskins Roy and Hoskins Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Miller Robert Thomas $320,000 Long Title Agency Inc
Miller Robert Thomas -- Long Title
First American Title Insurance Co $90,898 Tfati
Hoskins Roy $285,000 Tfati
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Robert Thomas $304,385
Closed Miller Robert Thomas $304,385
Previous Owner Hoskins Roy $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2020 09/23/20 Sold $310,000 0.0% $125 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $310,000 -- $125 / Sq Ft
Source: MLS of Southern Arizona

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 $3,124 $23,668 -- --
2024 $3,124 $22,541 -- --
2023 $2,786 $21,468 $0 $0
2022 $2,786 $20,445 $0 $0
2021 $2,837 $18,545 $0 $0
2020 $2,682 $18,545 $0 $0
2019 $2,619 $19,768 $0 $0
2018 $2,543 $16,020 $0 $0
2017 $2,501 $16,020 $0 $0
2016 $2,365 $15,257 $0 $0
2015 $2,256 $14,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Marva Jeffers

    Tierra Antigua Realty

    (520) 918-7486

    12 Total Sales

    Marva Jeffers
    Section Image

  • L

    Buyer's Agent in 2020

    Laurie Westfall

    Long Realty

  • P

    Buyer Co-Listing Agent in 2020

    Peggy Gay

    Long Realty

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22017899

MLS of Southern Arizona

APN: 217-43-2350

Arizona Pima County Marana 85653 Rancho Marana

12015 W Formosa Ln, Marana, AZ

This home is located at 12015 W Formosa Ln, Marana, AZ 85653 since 22 July 2020 and is currently estimated at $410,564, approximately $165 per square foot. This property was built in 2008. 12015 W Formosa Ln is a home located in Pima County with nearby schools including Estes Elementary School, Marana Middle School, and Marana High School.

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