NOT LISTED FOR SALE

12480 N Lantern Way Oro Valley, AZ 85755

Estimated Value: $560,152 - $579,000

5 Beds
3 Baths
2,750 Sq Ft
$207/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $497,000 $181 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,392/month

2 Days on Market

Highlights

  • Heated Pool
  • 2 Car Garage
  • Contemporary Architecture
  • Painted Sky Elementary School Rated A-
  • Panoramic View
  • Recreation Room

About This Home

As of January 2022

Views, views, views! This Oro Valley home has 5 bedrooms, 3 full baths, with one of the largest kitchens in the neighborhood. Granite countertops, double oven, tons of cabinets, and large island with 2-breakfast bars. A cozy 2-way fireplace separates the living room and dining room. Enjoy the pool and breathtaking, panoramic mountain views with no backyard neighbors. New roof, new exterior paint, and Intelliflo high-efficiency pool pump. Basement of this large tri-level home has 2 bedrooms, full bath, and huge bonus/family room. Close to community hiking trails, bike paths, playgrounds, tennis/basketball/volleyball courts, dog park, ball field, shopping and restaurants. Minutes away from Catalina State Park.

Last Agent to Sell the Property

Tiffany Smith

Forest Properties, Inc Listed on: 12/09/2021

Last Buyer's Agent

Melissa Duarte

1st Heritage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,733

Year Built

  • Built in 1993

Lot Details

  • 7,187 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Desert Landscape
  • Paved or Partially Paved Lot
  • Back and Front Yard
  • Property is zoned Oro Valley - PAD

HOA Fees

  • $27 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain
  • Desert

Home Design

  • Contemporary Architecture
  • Frame With Stucco
  • Tile Roof

Interior Spaces

  • 2,750 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • See Through Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Laundry closet
  • Basement

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Gas Range
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Heated Pool
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Painted Sky Elementary School
  • Coronado K-8 Middle School
  • Ironwood Ridge High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Natural Gas Water Heater
  • High Speed Internet

Community Details

Overview

  • Rancho Vistoso Community
  • Rancho Vistoso Nghborhd 7 Unit 1 Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,733

Year Built

Built in 1993

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Type: Residential
  • Dwelling Type: Single Family Residence
  • Style: Contemporary
  • Technology: High Speed Internet
  • Accessibility Options: None
  • Legal Description: See remarks.
  • Building Stories: Two
  • List Price per Sq Ft: 181.09
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), High Ceilings, Walk-In Closet(s)
  • Fireplace: Gas, See Through
  • Fireplace Location: Dining Room, Family Room
  • Number Of Fireplaces: 1.00
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile, Vinyl
  • Bedrooms: 5
  • Master Bathroom Features: Double Vanity, Separate Shower(s), Soaking Tub
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Has Basement: Yes
  • Dining Areas: Breakfast Bar, Dining Area, Formal Dining Room
  • Living Areas: Family Room, Living Room, Off Kitchen
  • Laundry: Laundry Closet
  • Extra Room: Rec Room
  • Combined Sq Ft: 2750.00
  • Interior Steps YN: Y
  • Kitchen Features: Convection Oven, Dishwasher, Gas Range, Kitchen Island
  • Main House Sq Ft: 2750.00
  • Source Of Sq Ft: Assessor

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Concrete
  • ExteriorFeatures: Built-in Barbecue
  • F E M A Flood Zone: No
  • Fence: Block, View Fence
  • Guest Facilities: None
  • Landscape Front: Decorative Gravel, Desert Plantings, Low Care
  • Landscape Rear: Desert Plantings, Low Care
  • Patio Deck: Covered, Patio
  • Pool: Heated
  • Pool Conventional: Yes
  • Road Maintenance: City
  • Roof: Tile
  • Spa: Conventional
  • View: Desert, Mountains, Panoramic, Sunrise, Sunset

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: Public
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air, Zoned
  • Main Heating: Zoned
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: Yes
  • Monthly HOA Fee: 27.00
  • HOA Payment Frequency: Quarterly
  • Community: Rancho Vistoso
  • Neighborhood Feature: Paved Street, Sidewalks, Walking Trail

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes

Schools

  • School District: Amphitheater
  • Elementary School: Painted Sky
  • Middle School: Coronado K-8
  • High School: Ironwood Ridge

Lot Info

  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.16
  • Lot Dimensions: irr
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 69.29
  • Lot Sq Ft: 7187.00
  • Municipality Zoning: Oro Valley - PAD
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1993

Tax Info

  • Tax Code: 219-53-2500
  • Taxes: 3732.83
  • Tax Year: 2020

MLS Schools

  • Middle School: Coronado K-8
  • Elementary School: Painted Sky
  • High School: Ironwood Ridge
  • School District: Amphitheater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Dec 23, 2021
Sold by
David Olsen Jeffrey and Lynn Jessica
Bought by
Kroner Richard and Kroner Ruth
Seller's Agent
Tiffany Smith
Forest Properties, Inc
Buyer's Agent
Melissa Duarte
1st Heritage Realty
List Price
$498,000
Sold Price
$497,000
Premium/Discount to List
-$1,000
-0.2%
Current Estimated Value
$570,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,038
Avg. Annual Appreciation
3.70%
Original Mortgage
$397,600
Outstanding Balance
$367,233
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$201,784

Purchase Details

Listed on
Jul 6, 2015
Closed on
Jul 29, 2015
Sold by
Sattler Bradley K and Sattler Angela M
Bought by
Olsen Jeffrey David and Olsen Jessica Lynn
Seller's Agent
Don Eugene
Realty Executives Arizona Territory
Buyer's Agent
Laura Sayers
Long Realty
List Price
$319,000
Sold Price
$319,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%

Purchase Details

Closed on
Apr 29, 2008
Sold by
Pugh Robert A and Pugh Christine A
Bought by
Sattler Bradley K and Sattler Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2002
Sold by
Tokuyama Izuru and Stewart Mary L
Bought by
Pugh Robert A and Pugh Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,480
Interest Rate
6.78%
Mortgage Type
VA

Purchase Details

Closed on
Apr 24, 2001
Sold by
Peters Scott F
Bought by
Tokuyama Izuru and Stewart Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,850
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 1998
Sold by
Willson Patricia C
Bought by
Peters Scott F

Purchase Details

Closed on
Mar 14, 1996
Sold by
Grimes Marcus and Curcio Grimes Sharon
Bought by
Peters Scott F and Willson Patricia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
7.84%
Mortgage Type
New Conventional
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
Kroner Richard $498,000 New Title Company Name
Olsen Jeffrey David $319,000 Long Title Agency Inc
Sattler Bradley K $362,000 Long Title Agency
Sattler Bradley K $362,000 Long Title Agency
Pugh Robert A $216,000 --
Tokuyama Izuru $203,000 First American Title
Peters Scott F -- --
Peters Scott F $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kroner Richard $397,600
Previous Owner Sattler Bradley K $319,500
Previous Owner Pugh Robert A $222,480
Previous Owner Tokuyama Izuru $192,850
Previous Owner Peters Scott F $174,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $497,000 -0.2% $181 / Sq Ft
12/11/2021 12/11/21 Pending -- -- --
12/09/2021 12/09/21 For Sale $498,000 +56.1% $181 / Sq Ft
08/10/2015 08/10/15 Sold $319,000 0.0% $116 / Sq Ft
07/11/2015 07/11/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $319,000 -- $116 / 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 $4,101 $34,504 -- --
2024 $4,101 $32,861 -- --
2023 $3,756 $31,296 $0 $0
2022 $3,756 $29,806 $0 $0
2021 $3,743 $27,652 $0 $0
2020 $3,733 $27,652 $0 $0
2019 $3,615 $27,182 $0 $0
2018 $3,459 $24,433 $0 $0
2017 $3,471 $24,433 $0 $0
2016 $3,270 $23,825 $0 $0
2015 $3,179 $22,691 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tiffany Smith

    Forest Properties, Inc

  • M

    Buyer's Agent in 2022

    Melissa Duarte

    1st Heritage Realty

  • D

    Seller's Agent in 2015

    Don Eugene

    Realty Executives Arizona Territory

  • A

    Seller Co-Listing Agent in 2015

    Ashley Kimberlin

    Realty Executives Arizona Territory

  • L

    Buyer's Agent in 2015

    Laura Sayers

    Long Realty

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22131224

MLS of Southern Arizona

APN: 219-53-2500

Arizona Pima County Oro Valley 85755

12480 N Lantern Way, Oro Valley, AZ

This home is located at 12480 N Lantern Way, Oro Valley, AZ 85755 since 09 December 2021 and is currently estimated at $570,038, approximately $207 per square foot. This property was built in 1993. 12480 N Lantern Way is a home located in Pima County with nearby schools including Painted Sky Elementary School, Ironwood Ridge High School, and Leman Academy Of Excellence-Oro Valley Arizona.

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