NOT LISTED FOR SALE

18402 E Picacho Rd Rio Verde, AZ 85263

Estimated Value: $1,036,015 - $1,184,000

2 Beds
2.5 Baths
2,964 Sq Ft
$379/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $718,000 $242 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,528/month

218 Days on Market

Highlights

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

About This Home

As of July 2018

UPDATED SANTA FE, BACKS TO #17 TEE BOX ON THE PEAKS GOLF COURSE WITH MAGNIFICENT MOUNTAIN VIEWS. RESORT BACKYARD WITH PEBBLE TECH POOL, WATERFALL, HUGE COVERED PATIO PATIO STAMPED CONCRETE, FRUIT TREES, GARDEN AREA, & VIEW FENCE. GREAT ROOM WITH, 12 FT. CEILINGS, LODGE POLES, STACKED STONE GAS FIREPLACE, NICHE WALL, LARGE FLOOR TILE & 8 FT. SOLID WOOD DOORS THROUGHOUT THE ENTIRE HOUSE. KITCHEN DINING & BAR ARE ALL OPEN TO THE GREAT ROOM. JUST REMODELED WITH SS APPLIANCES, CONVECTION MICROWAVE, WARMING DRAWER, TRASH COMPACTOR, WALL OVEN, FRENCH DOOR REFRIG, DISHWASHER, SMOOTH COOK TOP, BEAUTIFUL SLAB GRANITE, HUGE ISLAND BREAKFAST BAR WITH PENDENT LIGHTS, 42'' CABINETS, TUMBLE STONE BACK SPLASH, WALK IN PANTRY, REVERSE OSMOSIS. DOUBLE DOORS LEAD TO THE MASTER SUITE WITH DOUBLE TRAY CEILING. SILHOUETTE SHADES, SLIDER TO RESORT BACKYARD. MASTER BATH WITH HIS & HER RAISED GRANITE VANITIES MIRRORS FRAMED WITH TILE, SNAIL SHOWER, JETTED TUB, LINEN CLOSET, HUGE WALK IN CLOSET. POWDER ROOM WITH PEDESTAL SINK. GUEST BEDROOM HAS A HALL BATH WITH RAISED VANITY, LARGE SHOWER, & SKYLIGHT.
3RD BEDROOM IS SET UP AS AN OFFICE WITH A WALL OF BOOKCASES, CEILING LODGE POLES, BUILTIN DESK, FILE DRAWERS, & SLIDER TO THE RESORT BACKYARD.

Last Agent to Sell the Property

Mike Moore

Realty ONE Group License #SA586219000 Listed on: 10/23/2017

Last Buyer's Agent

Fredrick Anschutz

Tonto Verde Realty License #SA101816000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,850

Year Built

  • Built in 2001

Lot Details

  • 0.47 Acre Lot
  • On Golf Course
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $333 Monthly HOA Fees

Parking

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

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 2,964 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Family Room with Fireplace
  • Tile Flooring
  • Mountain Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 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

  • Accessible Hallway
  • No Interior Steps
  • Stepless Entry

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Built-In Barbecue

Schools

  • Adult Elementary And Middle School
  • Adult High School

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Propane
  • Water Filtration System
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 219-14-081

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, trash
  • Acm Services Llc Association, Phone Number (480) 355-1190
  • Built by ALEXANDER HOMES
  • Tonto Verde Subdivision, Custom Floorplan
  • FHA/VA Approved Complex

Amenities

  • Transportation Service
  • Clubhouse
  • Recreation Room

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,850

Year Built

Built in 2001

Lot Details

0

HOA Fees

$333 per month

Parking

2

Listing Details

  • Cross Street: FOREST RD. & TONTO VERDE DR.
  • Legal Info Range: 7E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 333.33
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2016
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2015
  • Parking Spaces Total Covered Spaces: 2.5
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2001
  • Tax Year: 2016
  • Master Model: CUSTOM
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.47
  • Subdivision Name: TONTO VERDE
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 2000.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Utilities Butane Propane: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Accessibility Features: Zero-Grade Entry, Accessible Hallway(s)
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Fire Pit, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, No Interior Steps, Soft Water Loop, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 2964.0
  • Stories: 1
  • Window Features: Dual Pane, Low-E
  • ResoLivingAreaSource: Builder
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Fireplace:Firepit: Yes
  • Community Features:Transportation Svcs: Yes
  • Community Features:Horse Facility: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Circular Drive, Covered Patio(s), Patio, Private Street(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, On Golf Course, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Fenced, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Built-Up, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.5
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Golf Cart Garage
  • Attached Garage: No
  • Garage Spaces: 2.5
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Golf Cart Garage: Yes

Utilities

  • Utilities: Propane
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Transportation Svcs, Golf, Horse Facility, Clubhouse, Fitness Center
  • Amenities: Club, Membership Opt, FHA Approved Prjct, Rental OK (See Rmks), Self Managed, VA Approved Prjct
  • Association Fee: 2000.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: TONTO VERDE HOA
  • 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 HOA
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: ACM SERVICES LLC
  • Association Fees:HOA Management Phone: 480-355-1190
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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: 20567.0
  • Parcel #: 219-14-081
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: ALEXANDER HOMES

Tax Info

  • Tax Annual Amount: 3850.0
  • Tax Book Number: 219.00
  • Tax Lot: 25
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2023
Sold by
Pothast Larry Joe and Pothast Christa
Bought by
Pothast Family Trust
Current Estimated Value
$1,123,504

Purchase Details

Listed on
Oct 23, 2017
Closed on
Jun 26, 2018
Sold by
Morehouse Morehouse G and Morehouse Karen A
Bought by
Pothast Larry Joe and Pothast Christa
Seller's Agent
Mike Moore
Realty ONE Group
Buyer's Agent
Fredrick Anschutz
Tonto Verde Realty
List Price
$774,500
Sold Price
$718,000
Premium/Discount to List
-$56,500
-7.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$350,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2003
Sold by
Morehouse G Michael and Morehouse Karen A
Bought by
Morehouse G Michael and Morehouse Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2002
Sold by
Morehouse G Michael and Morehouse Karen A
Bought by
Morehouse G Michael and Morehouse Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.12%

Purchase Details

Closed on
Mar 19, 2001
Sold by
Morehouse G Michael and Morehouse Karen A
Bought by
Morehouse G Michael and Morehouse Karen A

Purchase Details

Closed on
Mar 6, 2000
Sold by
Walker Kentner C and Walker Julie Ann
Bought by
Morehouse G Michael and Morehouse Karen A

Purchase Details

Closed on
Jan 27, 1999
Sold by
Proctor Owen W
Bought by
Walker Kentner C and Walker Julie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 1998
Sold by
Proctor Owen W and Frates Carla W
Bought by
Proctor Owen W and Frates Carla W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 1998
Sold by
Critcher William W and Critcher Karen V
Bought by
Proctor Owen W and Frates Carla W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 1994
Sold by
Rio Verde Services Inc
Bought by
Critcher William W and Critcher Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Pothast Family Trust -- None Listed On Document
Pothast Larry Joe $718,000 Pioneer Title Agency Inc
Morehouse G Michael -- Capital Title Agency Inc
Morehouse G Michael -- Capital Title Agency Inc
Morehouse G Michael -- Grand Canyon Title Agency In
Morehouse G Michael -- Grand Canyon Title Agency In
Morehouse G Michael -- --
Morehouse G Michael $215,000 Grand Canyon Title Agency In
Walker Kentner C $185,000 Security Title Agency
Proctor Owen W -- Grand Canyon Title Agency In
Proctor Owen W $165,000 Grand Canyon Title Agency In
Critcher William W $97,500 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pothast Larry Joe $350,000
Previous Owner Morehouse G Michael $280,000
Previous Owner Morehouse G Michael $260,000
Previous Owner Walker Kentner C $139,000
Previous Owner Proctor Owen W $115,000
Previous Owner Critcher William W $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $718,000 -3.0% $242 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
04/08/2018 04/08/18 Price Changed $739,900 -1.3% $250 / Sq Ft
03/08/2018 03/08/18 Price Changed $749,900 -1.3% $253 / Sq Ft
01/30/2018 01/30/18 Price Changed $759,900 -1.9% $256 / Sq Ft
10/23/2017 10/23/17 For Sale $774,500 -- $261 / 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 $3,784 $62,408 -- --
2024 $4,757 $59,436 -- --
2023 $4,757 $72,070 $14,410 $57,660
2022 $4,553 $56,480 $11,290 $45,190
2021 $4,641 $55,700 $11,140 $44,560
2020 $4,355 $49,900 $9,980 $39,920
2019 $4,214 $46,570 $9,310 $37,260
2018 $3,798 $46,210 $9,240 $36,970
2017 $3,957 $47,750 $9,550 $38,200
2016 $2,362 $45,800 $9,160 $36,640
2015 $3,751 $44,480 $8,890 $35,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5677980

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-14-081