NOT LISTED FOR SALE

18418 E Cobre Way Rio Verde, AZ 85263

Estimated Value: $1,278,000 - $1,422,620

3 Beds
3 Baths
3,129 Sq Ft
$435/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $1,100,000 $352 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $8,699/month

4 Days on Market

Highlights

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

About This Home

As of December 2020

Must see completely remodeled home with amazing mountain views. Owner elevated outdoor landscape to add new fencing for solar and gas heated spa/pool; expand cool decking patio for endless entertaining. New outdoor cooking area with build in refrigerator and gas grill. New Kitchen with floor to ceiling cabinets. Upgraded refrigerator, dishwasher and six burner gas stove. Italian tile through main areas and bathrooms. Carpeting in tree of four bedrooms. New epoxy garage floors 2020. New Irrigation System October 2020.

Last Agent to Sell the Property

Lisa Holzemer

HomeSmart Listed on: 11/01/2020

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,522

Year Built

  • Built in 1999

Lot Details

  • 0.38 Acre Lot
  • On Golf Course
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $767 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 3,129 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Family Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Heated Pool
  • Fence Around Pool
  • Solar Pool Equipment

Outdoor Features

  • Patio
  • Built-In Barbecue

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Additional Features

  • Accessible Hallway
  • ENERGY STAR Qualified Equipment for Heating

Listing and Financial Details

  • Legal Lot and Block 280 / 2065
  • Assessor Parcel Number 219-14-373

Community Details

Overview

  • Association fees include street maintenance, trash
  • High Performance Acc Association, Phone Number (602) 317-9183
  • Built by Alexander Homes
  • Tonto Verde Unit Four Corr Subdivision, Espenada Floorplan
  • FHA/VA Approved Complex

Amenities

  • Clubhouse
  • 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

$3,522

Year Built

Built in 1999

Lot Details

0

HOA Fees

$767 per month

Parking

2

Listing Details

  • Cross Street: Lucero and Cobre Way
  • 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: 766.67
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2017
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2019
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2016
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2015
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2019
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1999
  • Spa Private: Yes
  • Tax Year: 2020
  • Directions: Forest Road turn onto East Tonto Verde Drive, Right or North on Lucero to Cobre Way. The house is at the end of Lucero on the right if you turn left onto Cobre Way
  • Master Model: Espenada
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.38
  • Subdivision Name: TONTO VERDE UNIT FOUR CORR
  • Architectural Style: Contemporary, Territorial/Santa Fe
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • Association Fees:HOA Fee2: 4600.0
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: Res/Business Use Ok
  • Spa Features: Heated, Private
  • Accessibility Features: Accessible Hallway(s)
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Central Vacuum, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3129.0
  • Stories: 1
  • ResoLivingAreaSource: Owner
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Community Features:Gated Community2: 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
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Community Spa: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Patio, Built-in Barbecue
  • Lot Features: Desert Back, Desert Front, On Golf Course, Gravel/Stone Front, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front
  • Pool Features: Fenced, Heated, Private, Solar Pool Equipment
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Golf Cart Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • 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

  • Cooling: Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thmstat, Refrigeration
  • Heating: ENERGY STAR Qualified Equipment, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Golf, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Club, Membership Opt, FHA Approved Prjct, Management, Rental OK (See Rmks)
  • Association Fee: 4600.0
  • 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:HOA Telephone4: 480-471-2582
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • 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: Street Maint, Trash

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16352.0
  • Parcel #: 219-14-373
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Alexander Homes

Tax Info

  • Tax Annual Amount: 3522.0
  • Tax Block: 2065
  • Tax Book Number: 219.00
  • Tax Lot: 280
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2022
Sold by
Fortier Timothy J and Fortier Barbara J
Bought by
Fortier Family Trust
Total Days on Market
4
Current Estimated Value
$1,359,905

Purchase Details

Listed on
Nov 1, 2020
Closed on
Nov 2, 2020
Sold by
Holzemer John P and Holzemer Lisa P
Bought by
Fortier Timothy J and Fortier Barbara J
Seller's Agent
Lisa Holzemer
HomeSmart
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,149,900
Sold Price
$1,100,000
Premium/Discount to List
-$49,900
-4.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$880,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2020
Sold by
Holzemer John P and Holzemer Lisa P
Bought by
Holzemer John P and Holzemer Lisa P

Purchase Details

Listed on
Oct 2, 2014
Closed on
Oct 2, 2014
Sold by
Walton Richard H and Walton Lapreil Ann
Bought by
Holzemer John P and Holzemer Lisa P
Seller's Agent
Donna Watson
Realty ONE Group
Buyer's Agent
Donna Watson
Realty ONE Group
List Price
$599,000
Sold Price
$530,000
Premium/Discount to List
-$69,000
-11.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%
Original Mortgage
$330,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2003
Sold by
Walton Richard H and Walton Lapreil Ann
Bought by
Walton Richard H and Walton Lapreil Ann

Purchase Details

Closed on
Dec 30, 1997
Sold by
Rio Verde Services Inc
Bought by
Walton Richard H and Walton Lapreil A
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
Fortier Family Trust -- Sternfels & White Pllc
Fortier Timothy J $1,100,000 First American Title Ins Co
Holzemer John P -- None Available
Holzemer John P $530,000 Security Title Agency
Walton Richard H -- --
Walton Richard H $150,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fortier Timothy J $880,000
Previous Owner Holzemer John P $330,000
Previous Owner Walton Richard H $262,000
Previous Owner Walton Richard H $275,000
Previous Owner Walton Richard H $250,312
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $1,100,000 -4.3% $352 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $1,149,900 +117.0% $367 / Sq Ft
11/07/2014 11/07/14 Sold $530,000 -11.5% $186 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $599,000 -- $211 / 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 $3,574 $47,275 -- --
2024 $3,471 $45,024 -- --
2023 $3,471 $58,320 $11,660 $46,660
2022 $3,314 $45,710 $9,140 $36,570
2021 $3,422 $44,800 $8,960 $35,840
2020 $3,522 $39,960 $7,990 $31,970
2019 $3,411 $37,380 $7,470 $29,910
2018 $3,439 $36,750 $7,350 $29,400
2017 $3,343 $37,650 $7,530 $30,120
2016 $3,269 $34,220 $6,840 $27,380
2015 $3,250 $33,070 $6,610 $26,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6152966

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-14-373