12120 W Formosa Ln Marana, AZ 85653
Rancho Marana Neighborhood
3
Beds
2.5
Baths
2,141
Sq Ft
6,098
Sq Ft Lot
Highlights
- 2 Car Garage
- Contemporary Architecture
- Great Room
- Mountain View
- Vaulted Ceiling
- Granite Countertops
About This Home
As of September 2019The home you've been looking for has just found you. Come see this clean and captivating two-story home situated conveniently in the coveted Solara development. From the open-concept downstairs living space to the large shaded backyard with a built in BBQ, there is plenty of room for family and friends to enjoy. Downstairs, you'll revel in the master suite which includes a walk-in closet that will tickle your fancy, not to mention a private entrance to the backyard. Upstairs you'll appreciate the mountain views off of the updated balcony that extends from the loft that can also double as a family room. Recent updates include new built in entertainment system upstairs, custom-made touches throughout and Venetian Plaster walls.
Last Agent to Sell the Property
Paul Leschak
Long Realty Listed on: 07/03/2019
Co-Listed By
Amber Leschak
Long Realty
Last Buyer's Agent
Melinda Akowski
Holladay Property Services
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,185
Year Built
- Built in 2007
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50x120
- Block Wall Fence
- Desert Landscape
- Paved or Partially Paved Lot
- Back and Front Yard
- Property is zoned Marana - F
HOA Fees
- $59 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Frame With Stucco
- Tile Roof
Interior Spaces
- 2,141 Sq Ft Home
- 2-Story Property
- Entertainment System
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
- Double Pane Windows
- Window Treatments
- Great Room
- Family Room
- Living Room with Fireplace
- Dining Room
- Mountain Views
- Laundry Room
Kitchen
- Breakfast Bar
- Gas Range
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
Home Security
- Prewired Security
- Fire and Smoke Detector
Parking
- 2 Car Garage
- Driveway
Eco-Friendly Details
- North or South Exposure
Outdoor Features
- Balcony
- Covered Patio or Porch
- Water Fountains
- Built-In Barbecue
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
- High Speed Internet
- Cable TV Available
Community Details
Overview
- Association fees include common area maintenance
- $400 HOA Transfer Fee
- Rancho Marana Association, Phone Number (520) 297-0797
- Rancho Marana Subdivision
- The community has rules related to deed restrictions
Recreation
- Park
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2019
Closed on
Sep 24, 2019
Sold by
Bennett David E and Bennett Gerard Maureen
Bought by
Kremer Jake C and Kremer Joely M
Seller's Agent
Paul Leschak
Long Realty
Buyer's Agent
Melinda Akowski
Holladay Property Services
List Price
$259,000
Sold Price
$259,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,989
Avg. Annual Appreciation
5.81%
Original Mortgage
$267,142
Interest Rate
3.6%
Mortgage Type
VA
Purchase Details
Listed on
Oct 1, 2015
Closed on
Dec 5, 2015
Sold by
American Capital Assets Llc
Bought by
Bennett David E and Gerard Maureen R
Seller's Agent
Michael Rhodes
Realty Executives Arizona Territory
Buyer's Agent
Tina M. Sheridan
Realty Executives Arizona Territory
List Price
$200,000
Sold Price
$200,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$150,000
Interest Rate
3.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 16, 2015
Sold by
Salazar Joseph Victor and Salazar Deborah Louise
Bought by
American Capital Assets Llc
Purchase Details
Closed on
Apr 27, 2009
Sold by
Meritage Homes Of Arizona Inc
Bought by
Salazar Joseph Victor and Salazar Deborah Louise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,447
Interest Rate
4.76%
Mortgage Type
FHA
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $259,000 | Fidelity Natl Ttl Agcy Inc | |
| Warranty Deed | $200,000 | Stewart Title | |
| Trustee Deed | $143,000 | Accommodation | |
| Warranty Deed | $229,000 | Tfati | |
| Warranty Deed | $229,000 | Tfati |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $267,430 | VA | |
| Closed | $267,142 | VA | |
| Previous Owner | $150,000 | New Conventional | |
| Previous Owner | $200,447 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/26/2019 09/26/19 | Sold | $259,000 | 0.0% | $121 / Sq Ft |
| 08/27/2019 08/27/19 | Pending | -- | -- | -- |
| 07/03/2019 07/03/19 | For Sale | $259,000 | +29.5% | $121 / Sq Ft |
| 12/08/2015 12/08/15 | Sold | $200,000 | 0.0% | $93 / Sq Ft |
| 11/08/2015 11/08/15 | Pending | -- | -- | -- |
| 10/01/2015 10/01/15 | For Sale | $200,000 | -- | $93 / Sq Ft |
Source: MLS of Southern Arizona
Tax History Compared to Growth
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 | $2,684 | $20,403 | -- | -- |
| 2024 | $2,684 | $19,432 | -- | -- |
| 2023 | $2,393 | $18,507 | $0 | $0 |
| 2022 | $2,393 | $17,625 | $0 | $0 |
| 2021 | $2,438 | $15,987 | $0 | $0 |
| 2020 | $2,305 | $15,987 | $0 | $0 |
| 2019 | $2,250 | $16,873 | $0 | $0 |
| 2018 | $2,185 | $13,810 | $0 | $0 |
| 2017 | $2,149 | $13,810 | $0 | $0 |
| 2016 | $2,031 | $13,152 | $0 | $0 |
| 2015 | $1,938 | $12,526 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
P
Seller's Agent in 2019
Paul Leschak
Long Realty
-
A
Seller Co-Listing Agent in 2019
Amber Leschak
Long Realty
-
M
Buyer's Agent in 2019
Melinda Akowski
Holladay Property Services
-
Michael Rhodes
Seller's Agent in 2015
Michael Rhodes
Realty Executives Arizona Territory
(520) 867-4848
1,650 Total Sales
-
Tina M. Sheridan
T
Buyer's Agent in 2015
Tina M. Sheridan
Realty Executives Arizona Territory
(520) 887-8000
1 in this area
49 Total Sales
Map
Source: MLS of Southern Arizona
MLS Number: 21917700
APN: 217-43-2900
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.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Ten-X are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved.
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