NOT LISTED FOR SALE

12557 N Lantern Way Oro Valley, AZ 85755

Estimated Value: $494,000 - $532,000

3 Beds
2 Baths
2,218 Sq Ft
$232/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $356,000 $161 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,077/month

64 Days on Market

Highlights

  • Private Pool
  • 2 Car Garage
  • Fireplace in Primary Bedroom
  • Painted Sky Elementary School Rated A-
  • Mountain View
  • Contemporary Architecture

About This Home

As of September 2020

Gorgeously Remodeled 3bd/2bth Home with Den! Beautiful backyard with Pool/Spa, turf, and lots of privacy! Updates include: Interior paint, lighting fixtures, ceiling fans, kitchen hardware, luxurious carpet, exterior lights and bathroom fixtures! Backyard updates include: Turf, Painting of deck and patio, Pool/Spa remodeled with new plaster, tile, pump, filter, and heater! Home shows beautifully and is ready for new owner! Other recent upgrades include: Roof re-papered and wood strips replaced in 2018, replaced the insulation in 2018, replaced condenser on AC Unit in 2013, Polybutylene piping replaced 2009. HURRY, this home will not last at this price! One of the Members of the Seller is a licensed real estate broker in Arizona.

Last Agent to Sell the Property

Jarrett Reidhead

Pinnacle Realty and Investment Advisors LLC Listed on: 07/21/2020

Last Buyer's Agent

Eric Erickson

Keller Williams Southern Arizona

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,340

Year Built

  • Built in 1989

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 77 x 99 x 73 x 100
  • East or West Exposure
  • Wrought Iron Fence
  • Block Wall Fence
  • Shrub
  • Paved or Partially Paved Lot
  • Landscaped with Trees
  • Back and Front Yard
  • Property is zoned Oro Valley - PAD

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame With Stucco
  • Tile Roof

Interior Spaces

  • 2,218 Sq Ft Home
  • Property has 1 Level
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • See Through Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Formal Dining Room
  • Den
  • Mountain Views
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Accessible Home Design

  • Bath Modification

Outdoor Features

  • Private Pool
  • Covered patio or porch
  • Water Fountains

Schools

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

Utilities

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

Community Details

  • Association fees include common area maintenance
  • Rancho Vistoso Community
  • Rancho Vistoso Nghborhd 7 Unit 1 Subdivision
  • The community has rules related to deed restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,340

Year Built

Built in 1989

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Type: Residential
  • Dwelling Type: Single Family Residence
  • Style: Contemporary
  • Technology: None
  • Accessibility Options: Other Bath Modification
  • Legal Description: Rancho Vistoso Neighborhood 7 unit 1 lot 0282
  • Building Stories: One
  • Unit Level: 1
  • List Price per Sq Ft: 162.08
  • Subdivision Restrict C C And Rs: Yes
  • Additional Bathroom Features: Countertops/Hall, Double Vanity, Shower & Tub
  • Income Property Current Use: Owner Occupied
  • Kitchen Features Number Of Ovens: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), High Ceilings 9+, Skylights, Vaulted Ceilings, Walk In Closet(s)
  • Fireplace: Gas, See Through
  • Fireplace Location: Family Room, Primary Bedroom
  • Number Of Fireplaces: 2.00
  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile
  • Bedrooms: 3
  • Master Bathroom Features: Double Vanity, Separate Shower(s), Soaking Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Has Basement: No
  • Dining Areas: Formal Dining Room
  • Kitchen Features Appliance Color: Black
  • Kitchen Features Countertops: Granite
  • Kitchen Features Pantry: Closet
  • Living Areas: Family Room, Living Room
  • Laundry: Laundry Room
  • Extra Room: Den
  • Combined Sq Ft: 2218.00
  • Interior Steps YN: Y
  • Kitchen Features: Dishwasher, Garbage Disposal, Gas Cooktop, Gas Oven, Island, Microwave, Refrigerator
  • Main House Sq Ft: 2218.00
  • Source Of Sq Ft: Assessor

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Concrete
  • ExteriorFeatures: Fountain
  • F E M A Flood Zone: No
  • Fence: Block
  • Guest Facilities: None
  • Landscape Front: Low Care
  • Landscape Rear: Low Care, Shrubs, Trees
  • Patio Deck: Covered, Patio
  • Pool Conventional: Yes
  • Road Maintenance: City
  • Roof: Tile
  • Spa: Conventional
  • View: Mountains

Garage/Parking

  • Garage Carport Feat: Attached Garage/Carport, Electric Door Opener
  • 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: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security: Smoke Detector(s), Wrought Iron Security Door
  • Sewer: Connected

Condo/Co-op/Association

  • Association Amenities: None
  • Association Fees Include: Common Area Maint
  • HOA: Yes
  • Monthly HOA Fee: 27.00
  • HOA Payment Frequency: Quarterly
  • Community: Rancho Vistoso
  • Neighborhood Feature: Paved Street

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

  • Property Group ID: 19990816212109142258000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.17
  • Lot Dimensions: 77 X 99 X 73 X 100
  • Lot Features: East/West Exposure, Subdivided
  • Lot Size Price Sq Ft: 48.55
  • Lot Sq Ft: 7405.00
  • Lot Sz Sold Prc Sq Ft: 48.08
  • Municipality Zoning: Oro Valley - PAD
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1989

Tax Info

  • Tax Code: 219-53-2880
  • Taxes: 3340.00
  • Tax Year: 2019
  • Taxes For: Dwelling & Land

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
Jul 21, 2020
Closed on
Sep 25, 2020
Sold by
Pinnacle Realty Investors Llc
Bought by
Garay Michael J and Kalashnikova Olga V
Seller's Agent
Jarrett Reidhead
Pinnacle Realty and Investment Advisors LLC
Buyer's Agent
Eric Erickson
Keller Williams Southern Arizona
List Price
$356,000
Sold Price
$356,000
Total Days on Market
64
Current Estimated Value
$513,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,941
Avg. Annual Appreciation
8.16%
Original Mortgage
$277,600
Outstanding Balance
$249,132
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$264,809

Purchase Details

Closed on
Jul 9, 2020
Sold by
Sanford Donna M
Bought by
Pinnalce Realty Investors Llc

Purchase Details

Closed on
Jul 18, 2018
Sold by
Guillermo Maria Alma
Bought by
Guillermo Alma

Purchase Details

Closed on
Jul 29, 2005
Sold by
Quist Paul P and Quist Camela J
Bought by
Guillermo George and Guillermo Maria Alma

Purchase Details

Closed on
May 26, 1999
Sold by
Cavallaro John F
Bought by
Quist Paul P and Quist Camela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 1997
Sold by
Stein Sanford J and Stein Sandra L
Bought by
Cavallaro John F and Cavallaro Nellie L
Source: Public Records

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Range of Values:

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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
Garay Michael J $356,000 Fidelity Natl Ttl Agcy Inc
Garay Michael J -- Fidelity National Title
Pinnalce Realty Investors Llc $295,000 Title Security Agency
Pinnalce Realty Investors Llc $295,000 Title Security Agency
Guillermo Alma -- None Available
Guillermo George $328,988 --
Guillermo George $328,988 --
Quist Paul P $180,000 --
Cavallaro John F $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garay Michael J $20,000
Open Garay Michael J $277,600
Closed Garay Michael J $277,600
Previous Owner Quist Paul P $202,500
Previous Owner Quist Paul P $150,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $356,000 0.0% $161 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $356,000 -- $161 / 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
2024 $3,866 $30,978 -- --
2023 $3,719 $29,503 $0 $0
2022 $3,541 $28,098 $0 $0
2021 $3,497 $25,549 $0 $0
2020 $3,449 $25,549 $0 $0
2019 $3,340 $25,119 $0 $0
2018 $3,196 $22,136 $0 $0
2017 $3,145 $22,136 $0 $0
2016 $2,893 $21,082 $0 $0
2015 $2,813 $20,078 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22017878

MLS of Southern Arizona

APN: 219-53-2880