NOT LISTED FOR SALE

18320 E Cobre Way Rio Verde, AZ 85263

Estimated Value: $867,000 - $1,161,000

2 Beds
2.5 Baths
2,916 Sq Ft
$355/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $816,000 $280 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,176/month

21 Days on Market

Highlights

  • On Golf Course
  • Equestrian Center
  • Transportation Service
  • Fountain Hills Middle School Rated A-
  • Fitness Center
  • Gated Community

About This Home

As of May 2022

Seller wants to sell the house AS IS incuding most of the furnature. Artwork is excuded. This is a great floorplan with the kitchen open to the great room & breakfast room. Huge greatroom with vaulted ceiling lots of upgraded windows & sliders for maximum light. Large kitchen with pantry, center island with down draft cooktop, granite counter tops, wall oven & microwave. Owners suite with slider to rear patio, walkin closet, master bath with jetted tub, snail shower, private water closet. Guest bedroom 3rd bedroon can be used as an office with pocket door & closet. Over size 2 car garage + golf cart garage with service door to the back patio. The house is situated on the 4th fairway of the Peaks golf course with Northeast mountain views. Two newer A/C units and upgraded windows.

Last Agent to Sell the Property

Mike Moore

Realty ONE Group License #SA586219000 Listed on: 02/05/2022

Last Buyer's Agent

Mike Moore

Realty ONE Group License #SA586219000 Listed on: 02/05/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,065

Year Built

  • Built in 1998

Lot Details

  • 0.45 Acre Lot
  • On Golf Course
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Partially Fenced Property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $383 Monthly HOA Fees

Parking

  • 2.5 Car Direct Access Garage
  • Garage Door Opener
  • Golf Cart Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,916 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Mechanical Sun Shade
  • Mountain Views
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Easy To Use Faucet Levers
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Grab Bar In Bathroom
  • Accessible Hallway
  • Doors with lever handles
  • No Interior Steps
  • Multiple Entries or Exits
  • Stepless Entry
  • Hard or Low Nap Flooring

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Adult Elementary And Middle School
  • Adult High School

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Zoned Heating and Cooling System
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 284
  • Assessor Parcel Number 219-14-377

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, trash
  • High Performance Acc Association, Phone Number (602) 317-9183
  • Built by ALEXANDER
  • Tonto Verde Subdivision, Custom Floorplan
  • FHA/VA Approved Complex

Amenities

  • Transportation Service
  • Clubhouse
  • Theater or Screening Room
  • Recreation Room

Recreation

  • Golf Course Community
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,065

Year Built

Built in 1998

Lot Details

0

HOA Fees

$383 per month

Parking

2

Listing Details

  • Cross Street: FOREST RD. & TONTO VERDE DR.
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 383.33
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 2.5
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1998
  • Tax Year: 2021
  • Directions: FROM FOUNTAIN HILLS TAKE FOUNTAIN HILLS BLVD. WHICH BECOMES MC DOWELL MT. RD. 8 MILES NORTH TO LEFT ON FOREST RD. TO LEFT ON TONTO VERDE DR. TO RIGHT ON LUCERO DR. TO LEFT ON COBRE WAY.
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.45
  • Subdivision Name: TONTO VERDE
  • Architectural Style: Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 2300.0
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Zero-Grade Entry, Mltpl Entries/Exits, Lever Handles, Hard/Low Nap Floors, Bath Lever Faucets, Bath Grab Bars, Accessible Hallway(s)
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Furnished(See Rmrks), No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 2916.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane, Mechanical Sun Shds
  • ResoLivingAreaSource: Assessor
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Community Media Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Community Features:Transportation Svcs: Yes
  • Community Features:Horse Facility: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block, Partial
  • Exterior Features: Balcony, Private Street(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, On Golf Course, Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Synthetic Stucco, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.5
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets, Golf Cart Garage
  • Attached Garage: No
  • Garage Spaces: 2.5
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Golf Cart Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa Htd, Community Pool Htd, Transportation Svcs, Community Media Room, Golf, Horse Facility, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Club, Membership Opt, FHA Approved Prjct, Rental OK (See Rmks), Self Managed, VA Approved Prjct
  • Association Fee: 2300.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: TONTO VERDE
  • Phone: 480-471-2582
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: TONTO VERDE
  • Association Fees:HOA Telephone4: 480-471-2582
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: HIGH PERFORMANCE ACC
  • Association Fees:HOA Management Phone: 602-317-9183
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint, Trash

Schools

  • Elementary School: Adult
  • High School: Adult
  • Middle Or Junior School: Adult

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19549.0
  • Parcel #: 219-14-377
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: ALEXANDER

Tax Info

  • Tax Annual Amount: 4065.0
  • Tax Book Number: 219.00
  • Tax Lot: 284
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2022
Closed on
May 23, 2022
Sold by
Donald H Savage And Adrienne E Savage Re
Bought by
Fraback Anne-Marie and Ryan Thomas E
Seller's Agent
Mike Moore
Realty ONE Group
Buyer's Agent
Mike Moore
Realty ONE Group
List Price
$816,000
Sold Price
$816,000
Total Days on Market
21
Current Estimated Value
$1,035,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,378
Avg. Annual Appreciation
8.23%
Original Mortgage
$612,000
Outstanding Balance
$584,694
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving
Estimated Equity
$450,684

Purchase Details

Closed on
Jan 29, 2020
Sold by
Savage Donald H and Estate Of Adrienne E Savage
Bought by
Savage Donald H and Savage Donald H

Purchase Details

Closed on
Mar 29, 2004
Sold by
Savage Donald H and Savage Adrienne E
Bought by
Savage Donald and Savage Adrienne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,600
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2000
Sold by
Savage Donald H and Savage Adrienne E
Bought by
Savage Donald H and Savage Adrienne E

Purchase Details

Closed on
Feb 13, 1997
Sold by
Rio Verde Services Inc
Bought by
Savage Donald H and Savage Adrienne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
7.86%
Mortgage Type
New Conventional
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
Fraback Anne-Marie $816,000 Grand Canyon Title
Savage Donald H -- None Available
Savage Donald H -- None Available
Savage Donald -- First American Title Ins Co
Savage Donald H -- --
Savage Donald H $155,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraback Anne-Marie $612,000
Previous Owner Savage Donald $154,074
Previous Owner Savage Donald $100,000
Previous Owner Savage Donald $162,600
Previous Owner Savage Donald H $116,250
Closed Savage Donald $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $816,000 0.0% $280 / Sq Ft
02/26/2022 02/26/22 Pending -- -- --
02/05/2022 02/05/22 For Sale $816,000 -- $280 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $3,584 $41,169 -- --
2024 $4,521 $39,209 -- --
2023 $4,521 $67,130 $13,420 $53,710
2022 $4,330 $53,080 $10,610 $42,470
2021 $4,065 $52,600 $10,520 $42,080
2020 $3,739 $47,230 $9,440 $37,790
2019 $3,615 $43,980 $8,790 $35,190
2018 $3,757 $43,620 $8,720 $34,900
2017 $3,748 $44,950 $8,990 $35,960
2016 $2,224 $43,130 $8,620 $34,510
2015 $3,693 $41,950 $8,390 $33,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6362417

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-14-377