NOT LISTED FOR SALE

18400 E Cobre Way Rio Verde, AZ 85263

Estimated Value: $1,046,537 - $1,246,000

4 Beds
2.5 Baths
2,859 Sq Ft
$401/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $1,160,000 $406 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,209/month

27 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Mountain View
  • Fountain Hills Middle School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of May 2022

Gorgeous mountain and golf course views from this beautiful custom home located on the 4th fairway of the Peaks course. This light open great room floor plan is perfect for entertaining with extended bar area, center island, breakfast room, entertainment wall, fireplace and conversation seating area.Enjoy relaxing on the charming front courtyard and large rear patio with water feature, firepit and extended sitting walls. Four bedrooms to accommodate family visits & the golf group.Two king size custom murphy beds. No steps in the house. HOA dues allow access to the clubhouse with grill and dining room, fitness room, heated pool/spa, 18 hole natural grass putting course, bocce ball and more. Resort lifestyle everyday! Golf membership available for purchase outside of escrow-avoid waitlist.

Last Agent to Sell the Property

Jan Lux

Russ Lyon Sotheby's International Realty License #SA516841000 Listed on: 03/09/2022

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Fredrick Anschutz

Tonto Verde Realty License #SA101816000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,135

Year Built

  • Built in 1998

Lot Details

  • 0.39 Acre Lot
  • On Golf Course
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $383 Monthly HOA Fees

Parking

  • 2.5 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • Circular Driveway
  • Golf Cart Garage

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 2,859 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Solar Screens
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered patio or porch
  • Fire Pit

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Zoned Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 283
  • Assessor Parcel Number 219-14-376

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, trash
  • Advantage Acct Association, Phone Number (602) 317-9183
  • Built by Alexander
  • Tonto Verde Subdivision, Su Casa Modified Floorplan

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,135

Year Built

Built in 1998

Lot Details

0

HOA Fees

$383 per month

Parking

2

Listing Details

  • Cross Street: Dynamite Rd (Rio Verde Dr) and Forest Rd
  • Legal Info Range: 7E
  • 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 Roof: Partial
  • Items Updated Roof Yr Updated: 2019
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.5
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2021
  • Directions: From Pima Rd & Dynamite Rd: E on Dynamite(Rio Verde Dr) to R on Forest Rd; R on tonto Verde Dr; R on Lucero Dr; L on Cobre Wy; house on the R with circle drive
  • Master Model: Su Casa-modified
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.39
  • Subdivision Name: TONTO VERDE
  • Architectural Style: Other, Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 2300.0
  • Cooling:Central Air: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Fire Pit, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 2859.0
  • Stories: 1
  • Window Features: Skylight(s), Solar Screens
  • ResoLivingAreaSource: Builder
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Comm Tennis Court(s): 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
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, On Golf Course
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.5
  • Parking Features: Garage Door Opener, Direct Access, Circular Driveway, Attch'd Gar Cabinets, Separate Strge Area, Golf Cart Garage
  • Attached Garage: No
  • Garage Spaces: 2.5
  • Open Parking Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Golf Cart Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • 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, Golf, Tennis Court(s), Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • 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: 400.0
  • 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: Advantage Acct
  • 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: 17199.0
  • Parcel #: 219-14-376
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Alexander

Tax Info

  • Tax Annual Amount: 4135.0
  • Tax Book Number: 219.00
  • Tax Lot: 283
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2007
Sold by
Rafferty Dean A and Rafferty Joann D
Bought by
Rafferty Joann D and Rafferty Dean A
Total Days on Market
27
Current Estimated Value
$1,145,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2006
Sold by
Foster Judy A
Bought by
Rafferty Dean A and Rafferty Joann D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2003
Sold by
Foster James R and Foster Judy A
Bought by
Foster Judy A and The Judy A Foster Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
5.96%

Purchase Details

Closed on
Dec 24, 2002
Sold by
Foster Judy A
Bought by
Foster James R and Foster Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
5.96%

Purchase Details

Closed on
Apr 8, 1999
Sold by
Foster James R and Foster Judy J
Bought by
Foster Judy A and The Foster A Foster Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.91%

Purchase Details

Closed on
Sep 10, 1997
Sold by
Rio Verde Services Inc
Bought by
Foster Judy A and The Judy A Foster Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.49%
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
Rafferty Joann D -- None Available
Rafferty Dean A $830,000 Capital Title Agency Inc
Foster Judy A -- Grand Canyon Title Agency In
Foster James R -- Grand Canyon Title Agency In
Foster Judy A -- Grand Canyon Title Agency In
Foster James R -- Grand Canyon Title Agency In
Foster Judy A $150,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ostlund Richard T $870,000
Closed Rafferty Joann D $500,000
Previous Owner Rafferty Joann D $417,000
Previous Owner Rafferty Dean A $650,000
Previous Owner Foster James R $133,000
Previous Owner Foster James R $140,000
Previous Owner Foster Judy A $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $1,160,000 +5.5% $406 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $1,100,000 -- $385 / 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 $4,725 $54,649 -- --
2024 $4,195 $52,047 -- --
2023 $4,195 $62,900 $12,580 $50,320
2022 $4,017 $49,350 $9,870 $39,480
2021 $4,135 $48,820 $9,760 $39,060
2020 $3,840 $43,680 $8,730 $34,950
2019 $3,719 $40,780 $8,150 $32,630
2018 $3,857 $40,430 $8,080 $32,350
2017 $3,860 $41,520 $8,300 $33,220
2016 $3,834 $40,030 $8,000 $32,030
2015 $3,752 $38,970 $7,790 $31,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6366278

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-14-376