NOT LISTED FOR SALE

12128 W Formosa Ln Marana, AZ 85653

Rancho Marana Neighborhood

Estimated Value: $383,000 - $435,786

4 Beds
3 Baths
2,488 Sq Ft
$166/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $300,000 $121 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,545/month

8 Days on Market

Highlights

  • Private Pool
  • Contemporary Architecture
  • Granite Countertops
  • 2 Car Garage
  • Loft
  • Covered Patio or Porch

About This Home

As of March 2020

Come see this upgraded 4 bedroom home in Rancho Marana! This home offers fresh interior and exterior paint, and new carpeting in the bedrooms and loft. The kitchen features granite countertops, stainless steel appliances, and a large island for extra prep and storage. Large laundry room off the kitchen. One bedroom and full bathroom on the main floor, great for guests. Upstairs is a loft, the master suite, two additional bedrooms and one additional full bathroom. The master ensuite bathroom has dual sinks, separate shower and tub, and a large walk in closet. The backyard oasis has a pool with water feature, spa, built in BBQ, outdoor fireplace with sitting area. Neighbors a walking trail and park. Don't miss this one!

Last Agent to Sell the Property

Derek Dickson

OfferPad Brokerage LLC Listed on: 02/07/2020

Last Buyer's Agent

Marsee Wilhems

Long Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,920

Year Built

  • Built in 2007

Lot Details

  • 7,405 Sq Ft Lot
  • Lot includes common area
  • Block Wall Fence
  • Desert Landscape
  • Grass Covered Lot
  • Property is zoned Marana - MDR

HOA Fees

  • $65 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame With Stucco
  • Tile Roof

Interior Spaces

  • 2,488 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Loft
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Fireplace in Patio
  • Fire Pit
  • Built-In Barbecue

Schools

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

Utilities

  • Forced Air 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
  • Rancho Marana Association, Phone Number (520) 297-0797
  • Rancho Marana Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,920

Year Built

Built in 2007

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Property Type: Residential
  • Dwelling Type: Single Family Residence
  • Style: Contemporary
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: RANCHO MARANA 154 BLOCK 2 LOT 104 CMID
  • Building Stories: Two
  • List Price per Sq Ft: 118.53
  • Subdivision Restrict C C And Rs: Yes
  • Additional Bathroom Features: Tub
  • Income Property Current Use: Income Property
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), High Ceilings 9+
  • Fireplace: Firepit
  • Fireplace Location: Patio
  • Window Coverings: None
  • Floor Covering: Carpet, Ceramic Tile
  • Bedrooms: 4
  • Master Bathroom Features: Double Vanity, Shower & Tub
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Has Basement: No
  • Dining Areas: Formal Dining Room
  • Kitchen Features Appliance Color: Stainless
  • Kitchen Features Countertops: GRANITE
  • Kitchen Features Pantry: Closet
  • Living Areas: Living Room
  • Laundry: Laundry Room
  • Extra Room: Loft
  • Combined Sq Ft: 2488.00
  • Interior Steps YN: Y
  • Kitchen Features: Dishwasher, Gas Range, Microwave
  • Main House Sq Ft: 2488.00
  • Source Of Sq Ft: Other

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Concrete
  • ExteriorFeatures: BBQ-Built-In
  • F E M A Flood Zone: No
  • Fence: Block
  • Guest Facilities: None
  • Landscape Front: Decorative Gravel, Desert Plantings
  • Landscape Rear: Grass
  • Patio Deck: Covered, Patio
  • Pool Conventional: Yes
  • Road Maintenance: HOA
  • Roof: Tile
  • Spa: Conventional
  • View: None

Garage/Parking

  • Garage Carport Feat: Attached Garage/Carport
  • 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: TUCSON ELECTRIC
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Association Amenities: None
  • Association Fees Include: Common Area Maint
  • HOA: Yes
  • Monthly HOA Fee: 65.00
  • HOA Name: RANCHO MARANA
  • HOA Payment Frequency: Monthly
  • HOA Telephone: 520-297-0797
  • Community: None
  • Neighborhood Feature: Walking Trail

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes

Lot Info

  • Property Group ID: 19990816212109142258000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.17
  • Lot Dimensions: UNKNOWN
  • Lot Features: Borders Common Area
  • Lot Size Price Sq Ft: 39.82
  • Lot Sq Ft: 7405.00
  • Lot Sz Sold Prc Sq Ft: 40.51
  • Municipality Zoning: Marana - MDR
  • Municipal Flood Zone: No

Building Info

  • Year Built: 2007

Tax Info

  • Tax Code: 217-43-2890
  • Taxes: 2919.53
  • Tax Year: 2018
  • Taxes For: Dwelling & Land

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
Feb 7, 2020
Closed on
Feb 14, 2020
Sold by
Op Spe Phx1 Llc
Bought by
Figueroa Alejandro and Figueroa Maria Victoria
Seller's Agent
Derek Dickson
OfferPad Brokerage LLC
Buyer's Agent
Marsee Wilhems
Long Realty
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$412,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,697
Avg. Annual Appreciation
5.85%
Original Mortgage
$240,000
Outstanding Balance
$212,096
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$200,601

Purchase Details

Closed on
Jan 6, 2020
Sold by
Bullock Lelanie T and Bullock Melanie T
Bought by
Op Spe Phx 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$212,096
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$200,601

Purchase Details

Closed on
Jun 29, 2009
Sold by
Bullock Melanie
Bought by
Bullock Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 2009
Sold by
Meritage Homes Of Arizona Inc
Bought by
Bullock Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Figueroa Alejandro $300,000 First American Title Ins Co
Figueroa Alejandro $300,000 First American Title Ins Co
Op Spe Phx 1 Llc $283,000 First American Title Ins Co
Bullock Brent -- Tfati
Bullock Brent -- Tfati
Bullock Brent $265,000 Tfati
Meritagre Homes Of Arizona Inc -- Tfati
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Figueroa Alejandro $240,000
Closed Figueroa Alejandro $240,000
Previous Owner Bullock Brent $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2020 03/16/20 Sold $300,000 0.0% $121 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $300,000 -- $121 / 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 $3,587 $27,279 -- --
2024 $3,587 $25,980 -- --
2023 $3,198 $24,742 $0 $0
2022 $3,198 $23,564 $0 $0
2021 $3,258 $21,373 $0 $0
2020 $3,080 $21,373 $0 $0
2019 $3,007 $21,341 $0 $0
2018 $2,920 $18,463 $0 $0
2017 $2,872 $18,463 $0 $0
2016 $2,715 $17,584 $0 $0
2015 $2,590 $16,747 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Derek Dickson

    OfferPad Brokerage LLC

  • M

    Buyer's Agent in 2020

    Marsee Wilhems

    Long Realty

  • B

    Buyer's Agent in 2020

    Bert Jones

    eXp Realty

    (520) 907-1767

    3 in this area

    1,351 Total Sales

    Bert Jones
    Section Image

  • t

    Buyer's Agent in 2020

    tar.rets.16298

    tar.rets.RETS_OFFICE

  • E

    Buyer Co-Listing Agent in 2020

    Ernesto Loreto

    eXp Realty

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22003625

MLS of Southern Arizona

APN: 217-43-2890

Arizona Pima County Marana 85653 Rancho Marana

12128 W Formosa Ln, Marana, AZ

This home is located at 12128 W Formosa Ln, Marana, AZ 85653 since 07 February 2020 and is currently estimated at $412,697, approximately $165 per square foot. This property was built in 2007. 12128 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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