$200,000
SOLD DEC 8, 2015

12120 W Formosa Ln Marana, AZ 85653

Rancho Marana Neighborhood
3 Beds
2.5 Baths
2,141 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$93 Per Sq Ft

68 Days on Market

Highlights

  • Contemporary Architecture
  • Covered Patio or Porch
  • Laundry Room
  • Loft
  • Breakfast Area or Nook
  • Ceramic Tile Flooring

About This Home

As of September 2019

Gorgeous 2 story home in Marana.

Last Agent to Sell the Property

Michael Rhodes

Realty Executives Arizona Territory Listed on: 10/01/2015

Realty Executives Arizona Territory

Last Buyer's Agent

Tina M. Sheridan

Realty Executives Arizona Territory

Realty Executives Arizona Territory

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,819

Year Built

  • Built in 2007

Lot Details

  • 6,098 Sq Ft Lot
  • Block Wall Fence
  • Back and Front Yard
  • Property is zoned Marana - F

HOA Fees

  • $59 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Frame With Stucco
  • Tile Roof

Interior Spaces

  • 2,141 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Rancho Marana Subdivision
  • The community has rules related to deed restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,819

Year Built

Built in 2007

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Property Type: Residential
  • Dwelling Type: Single Family Residence
  • Style: Contemporary
  • Technology: Cable TV
  • Legal Description: RANCHO MARANA 154 BLOCK 2 LOT 105 CMID
  • Misc Deletes Disability Adapted: No
  • Building Stories: Two
  • List Price per Sq Ft: 98.09
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Split Bedroom Plan
  • Fireplace Location: Living Room
  • Number Of Fireplaces: 1.00
  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile
  • Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: No
  • Dining Areas: Breakfast Nook
  • Dining Room: Area
  • Living Areas: Family Room
  • Laundry: Laundry Room
  • Extra Room: Loft
  • Combined Sq Ft: 2141.00
  • Interior Steps YN: Y
  • Kitchen Features: Dishwasher
  • Main House Sq Ft: 2141.00
  • Source Of Sq Ft: Assessor

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Block
  • Guest Facilities: None
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Covered
  • Pool: None
  • Roof: Tile
  • Spa: None

Garage/Parking

  • Number Of Covered Prkng: 3.00
  • Number Of Garage Spaces: 3.00
  • Rv Parking: None

Utilities

  • Water: Water Company
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Monthly HOA Fee: 59.00
  • HOA Payment Frequency: Monthly
  • Community: None
  • Neighborhood Feature: None

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: 0.14
  • Lot Dimensions: Unknown
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 34.44
  • Lot Sq Ft: 6098.00
  • Lot Sz Sold Prc Sq Ft: 32.80
  • Municipality Zoning: Marana - F

Building Info

  • Year Built: 2007

Tax Info

  • Tax Code: 217-43-2900
  • Taxes: 1819.17
  • Tax Year: 2014

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 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
$361,989

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
Source: Public Records

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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 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

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 $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

    Michael Rhodes
    Section Image

  • T

    Buyer's Agent in 2015

    Tina M. Sheridan

    Realty Executives Arizona Territory

    (520) 887-8000

    1 in this area

    49 Total Sales

    Tina M. Sheridan
    Section Image
See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21527023

MLS of Southern Arizona

APN: 217-43-2900

Arizona Pima County Marana 85653 Rancho Marana

12120 W Formosa Ln, Marana, AZ

This home is located at 12120 W Formosa Ln, Marana, AZ 85653 and is currently priced at $200,000, approximately $93 per square foot. This property was built in 2007. 12120 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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