NOT LISTED FOR SALE

1419 Circulo Sombrero Unit 24 Rio Rico, AZ 85648

Estimated Value: $249,000 - $350,000

2.99 Acres
$101,307 Price per Acre
130,244 Sq Ft Lot

Last Sold August 19, 2021

Last sale price $10,000 $0 Per Sq Ft

Est. 2,929% increase in value since last sale

Current estimated payment $1,620/month

222 Days on Market

Highlights

  • Fitness Center
  • Panoramic View
  • Lot Has A Rolling Slope
  • The property is located in a historic district
  • Jogging Path

About This Lot

As of August 2021

Dramatic views! All paved road access, close to Highway and schools. This lot will take some dirt work to create the driveway and house pad but will be well worth it for it's million dollar views and location.

Last Agent to Sell the Property

Lori Adamson

eXp Realty License #BR103206000 Listed on: 09/04/2020

eXp Realty

Last Buyer's Agent

Lori Adamson

eXp Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $142

Lot Details

  • 2.99 Acre Lot
  • Lot Has A Rolling Slope
  • Property is zoned SCC - R-2

Property Views

  • Panoramic
  • Mountain

Location

  • The property is located in a historic district

Schools

  • Mountain View Elementary School
  • Calabasas Middle School
  • Rio Rico High School

Utilities

  • Propane
  • Septic System
  • Phone Available

Community Details

Overview

  • Rio Rico Ranchettes West Community
  • Rio Rico Ranchettes 10 Subdivision

Amenities

  • Recreation Room

Recreation

  • Fitness Center
  • Jogging Path
  • Hiking Trails

Property Details

Property Type

Land

Est. Annual Taxes

$142

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Legal Description: Rio Rico Ranchettes 10 Block 181 Lot 24
  • Lot Features Manufactured Mobile Allowed: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • F E M A Flood Zone: No
  • Fence: None
  • Road Maintenance: County
  • View: Mountain(s), Panoramic, Sunrise, Sunset

Utilities

  • Water: Water Company
  • Electric: Electric Company
  • Fire Protection: Included in Taxes
  • Gas Company: Propane
  • Sewer: Septic
  • Phone Location: Available

Condo/Co-op/Association

  • HOA: No
  • Community: Rio Rico Ranchettes West

Association/Amenities

  • Neighborhood Features: Exercise Facilities, Historic, Jogging/Bike Path, Rec Center, Walking Trail
  • Senior Community: No
  • Subdivision Restrictions CC&Rs: No
  • Deed Restrictions: No

Lot Info

  • Property Group ID: 19990816212131825981000000
  • Horse Property: No
  • Lot Acres: 2.99
  • Lot Dimensions: 0x0x0x0
  • Lot Sq Ft: 130244.00
  • Municipality Zoning: SCC - R-2
  • Lot Features Topography: Rolling
  • Lot Sz Price Acre: 4682.27
  • Lot Sz Sold Prc Acre: 3344.48
  • Lot Unit Number: 24
  • Municipal Flood Zone: No
  • Property Use Type: Residential

Tax Info

  • Tax Code: 116-11-299
  • Taxes: 142.22
  • Tax Year: 2019

MLS Schools

  • Middle School: Calabasas Middle School
  • Elementary School: Mountain View Elementary
  • High School: Rio Rico High School
  • School District: Santa Cruz Valley United School District #35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2023
Sold by
Gerken Carl A and Gerken Kenneth J
Bought by
Martinez Richard R and Martinez Maria Victoria
Current Estimated Value
$302,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,350
Outstanding Balance
$273,559
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$29,348

Purchase Details

Closed on
Jul 6, 2023
Sold by
Esplendor'S Home Building Llc
Bought by
Gerken Carl A and Gerken Kenneth J

Purchase Details

Closed on
Jun 28, 2023
Sold by
Esplendor'S Home Building Llc
Bought by
Gerken Carl A and Gerken Kenneth J

Purchase Details

Listed on
Sep 4, 2020
Closed on
Aug 3, 2021
Sold by
Kaiser David L and Kaiser Joan W
Bought by
Esplendors Home Building Llc
Seller's Agent
Lori Adamson
eXp Realty
Buyer's Agent
Lori Adamson
eXp Realty
List Price
$10,000
Sold Price
$10,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
127.48%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Martinez Richard R $293,000 Stewart Title & Trust Of Phoen
Gerken Carl A -- Stewart Title & Trust Of Phoen
Gerken Carl A $172,000 Stewart Title & Trust Of Phoen
Esplendors Home Building Llc -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Richard R $278,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2021 08/19/21 Sold $10,000 0.0% $0 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
09/04/2020 09/04/20 For Sale $10,000 -- $0 / 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 $173 $23,174 $780 $22,394
2024 $173 $1,305 $1,305 --
2023 $168 $1,200 $1,200 $0
2022 $167 $1,200 $1,200 $0
2021 $165 $1,125 $1,125 $0
2020 $156 $1,050 $1,050 $0
2019 $142 $1,050 $1,050 $0
2018 $142 $1,050 $1,050 $0
2017 $142 $1,050 $1,050 $0
2016 $274 $1,050 $1,050 $0
2015 $210 $1,568 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Adamson

    Seller's Agent in 2021

    Lori Adamson

    eXp Realty

    (520) 313-9575

    732 Total Sales

    Lori Adamson
    Section Image

  • t

    Buyer's Agent in 2021

    tar.rets.80403036

    tar.rets.RETS_OFFICE

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Map

Source: MLS of Southern Arizona

MLS Number: 22022282

MLS of Southern Arizona

APN: 116-11-299

Arizona Santa Cruz County Rio Rico 85648

1419 Circulo Sombrero Unit 24, Rio Rico, AZ

This home is located at 1419 Circulo Sombrero Unit 24, Rio Rico, AZ 85648 since 04 September 2020 and is currently estimated at $302,907, approximately $2 per square foot. 1419 Circulo Sombrero Unit 24 is a home located in Santa Cruz County with nearby schools including Rio Rico High School.

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