$530,000
SOLD NOV 7, 2014

18418 E Cobre Way Rio Verde, AZ 85263

3 Beds
3 Baths
2,844 Sq Ft
0.38 Acres

Recently Sold

$186 Per Sq Ft

12% Below List Price

Highlights

  • On Golf Course
  • Heated Spa
  • Mountain View
  • Fountain Hills Middle School Rated A-
  • Gated Community
  • Fireplace in Primary Bedroom

About This Home

As of December 2020

Wonderful mountain views from this expanded Espana on the 4th hole of the Peaks Golf Course. Open and entertaining floor plan with walls of windows to let the sunshine in. Great room features corner fireplace and plenty of space for entertaining. Home has 3 bedrooms and 3 baths plus a large hobby/office/4th bedroom. Master bedroom boasts a 2 way fireplace, jetted tub, and large walk in closet. Guest rooms both have their own baths so there is plenty of room to accommodate all your winter visitors. Upgrade features include: 8 foot interior doors, tiled showers, Corian kitchen countertops, built in central vac, silhouette blinds, and plantation shutters. Private outdoor living has a soothing rock water feature and great mountain views - a wonderful place to enjoy the sunrises and sunsets.

Last Agent to Sell the Property

Donna Watson

Realty ONE Group License #BR547520000 Listed on: 10/02/2014

Last Buyer's Agent

Donna Watson

Realty ONE Group License #BR547520000 Listed on: 10/02/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,863

Year Built

  • Built in 1999

Lot Details

  • 0.38 Acre Lot
  • On Golf Course
  • Desert faces the front and back of the property
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Parking

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

Home Design

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

Interior Spaces

  • 2,844 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Two Way Fireplace
  • Gas Fireplace
  • Low Emissivity Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered Patio or Porch

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 280
  • Assessor Parcel Number 219-14-373

Community Details

Overview

  • Property has a Home Owners Association
  • Tonto Verde HOA, Phone Number (480) 471-2582
  • Built by Alexander Homes
  • Tonto Verde Subdivision, Espana Floorplan

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,863

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Dynamite ( Rio Verde Dr ) and Forest
  • Legal Info Range: 7E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 308.33
  • Basement: N
  • Updated Roof: Partial
  • Parking Spaces Slab Parking Spaces: 2.5
  • Parking Spaces Total Covered Spaces: 2.5
  • Separate Den Office Sep Den Office: N
  • Year Built: 1999
  • Tax Year: 2014
  • Directions: Dynamite east to Forest. South on Forest to Tonto Verde Dr. West on Tonto Verde Dr to Lucero. North (right ) on Lucero which turns into Cobre Way.
  • Master Model: Espana
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.38
  • Subdivision Name: Tonto Verde
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 1850.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Two Way Fireplace, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Walk-In Closet(s), Breakfast Bar, Central Vacuum, Soft Water Loop, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 2844.0
  • Stories: 1
  • Window Features: Low Emissivity Windows
  • ResoLivingAreaSource: Builder
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Fireplace:Two Way Fireplace: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Covered Patio(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, On Golf Course, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Community, Heated, None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.5
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Extnded Lngth Garage, Golf Cart Garage
  • Attached Garage: No
  • Garage Spaces: 2.5
  • Open Parking Spaces: 2.5
  • 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: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Gated Community
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Club, Membership Opt, Rental OK (See Rmks), Self Managed
  • 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: 365.0
  • 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 Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Garbage Collection2: Yes

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: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Alexander Homes

Tax Info

  • Tax Annual Amount: 2863.0
  • 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
Current Estimated Value
$1,367,121

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
4.59%
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
9.08%
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 Type Sale Price Title Company
Special Warranty Deed -- Sternfels & White Pllc
Warranty Deed $1,100,000 First American Title Ins Co
Interfamily Deed Transfer -- None Available
Warranty Deed $530,000 Security Title Agency
Interfamily Deed Transfer -- --
Cash Sale Deed $150,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $880,000 New Conventional
Previous Owner $330,000 New Conventional
Previous Owner $262,000 New Conventional
Previous Owner $275,000 Unknown
Previous Owner $250,312 Unknown
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: 5179445

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-14-373