NOT LISTED FOR SALE

18501 E Avenida Del Ray Unit 7 Rio Verde, AZ 85263

Rio Verde Area

Estimated Value: $551,000 - $613,429

3 Beds
3 Baths
2,513 Sq Ft
$232/Sq Ft Est. Value

Sale Details

Date Sold: March 16, 2026

Last sale price $560,000 $223 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,743 / mo

116 Days on Market

Highlights

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

About This Home

As of March 2026

Territorial-Style Gem in the Very Desirable Rio Verde Resort Community This beautifully maintained Territorial-style home offers the ideal blend of comfort, charm, and functionality—perfect for full-time living or as a relaxing part-time retreat. With 2,513 sq ft of thoughtfully designed living space, this 3-bedroom, 3-bathroom residence provides plenty of room for family, guests, or a dedicated home office. The spacious primary suite offers a peaceful, private retreat—complete with a generous walk-in closet—ideal as an owner's sanctuary or potential guest/mother-in-law quarters. Block construction ensures superior energy efficiency, keeping you cozy in the winter and cool in the summer.Enjoy stunning views of Four Peaks from your kitchen window, making everyday mome like morning coffee or evening meals feel extra special. The deep garage easily fits a pickup truck along with additional storage space. The large 1/3 acre lot offers desert landscaping, palm and fruit trees plus plenty of space for a pool. Recent updates include luxury vinyl flooring and new interior paint bring a modern touch, new water heater,a new AC unit as well. The home has been given a fresh coat of exterior paint for enhanced curb appeal and protection as well as new seal coating on the flat roof and new skylight. This home shows meticulous care and is a true "sleeper" a must see to appreciate its charm and attention to detail. Don't miss out on this incredible opportunity!

Last Agent to Sell the Property

Bruce Griffin

Tonto Verde Realty License #BR027314000 Listed on: 09/16/2025

Last Buyer's Agent

Kathryn Walton

Tonto Verde Realty License #SA648407000

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,560

Year Built

  • Built in 1982

Lot Details

  • 15,215 Sq Ft Lot
  • Partially Fenced Property
  • Block Wall Fence
  • Sprinklers on Timer

HOA Fees

  • $437 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Oversized Parking

Home Design

  • Santa Fe Architecture
  • Roof Updated in 2025
  • Built-Up Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,513 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Mountain Views

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Floors Updated in 2023
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Private Water Closet
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Fireplace

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Cooling System Updated in 2023
  • Central Air
  • Heating Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • North or South Exposure
  • Equestrian Center

Listing and Financial Details

  • Tax Lot 618
  • Assessor Parcel Number 219-43-536

Community Details

Overview

  • Association fees include trash, cable TV, ground maintenance
  • Rvca Association, Phone Number (480) 471-2068
  • Rio Verde Unit 7 Subdivision

Amenities

  • Clubhouse
  • Community Media Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,560

Year Built

Built in 1982

Lot Details

0.35 Acres

HOA Fees

$437 per month

Parking

2

Listing Details

  • Cross Street: Forest Road and Avenida Del Ray
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 436.58
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2023
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2023
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2025
  • Separate Den Office Sep Den Office: N
  • Year Built: 1982
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.35
  • Subdivision Name: RIO VERDE UNIT 7
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 222.84
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: Ceiling Fan(s), Central Air
  • Technology:Technology: Cable TV Avail, High Speed Internet
  • Plumbing:Plumbing: Electric Hot Wtr Htr
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl, Tile, Other
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Exterior Fireplace
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Tub with Jets, Non-laminate Counter, High Speed Internet, Vaulted Ceiling(s), Wet Bar, No Interior Steps
  • Living Area: 2513.0
  • Stories: 1
  • Window Features: Dual Pane, Skylight(s)
  • Additional Bedroom:Additional Bedroom: Separate Bedroom Exit, Master Bedroom Walk-in Closet, Other Bedroom Walk-in Closet
  • Dining Area:Dining Area: Dining in LR/GR
  • Interior Features:Interior Features: Skylight(s), Vaulted Ceiling(s), Wet Bar, No Interior Steps
  • Kitchen Features:Kitchen Features: Dishwasher, Disposal, Refrigerator, Range/Oven Elec, Non-laminate Counter
  • Laundry:Laundry: Washer Included, Dryer Included
  • Master Bathroom:Master Bathroom: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Tub with Jets, Private Toilet Room
  • Window Features:Window Features: Dual Pane

Exterior Features

  • Fencing: Block, Partial
  • Lot Features: North/South Exposure, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Common Walls: All on One Level, Street Facing
  • Construction Type: Block, Painted, Stucco
  • Patio And Porch Features: Patio
  • Roof: Built-Up, Foam
  • General Property Description:Community Pool YN2: Yes
  • General Property Description:Private Pool YN2: No
  • Community Pool Features:Community Pool Features: Heated

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Extended Length Garage, Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Utilities:Utilities: SRP

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Golf, Horse Facility, Tennis Court(s), Biking/Walking Path, Clubhouse, Community Media Room, Fitness Center, Pickleball
  • Association Fee: 2619.5
  • Association Fee Frequency: Semi-Annually
  • Association Name: RVCA
  • Phone: 480-471-2068
  • Association: Yes

Association/Amenities

  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 200.0

Fee Information

  • Association Fee Includes: Trash, Cable TV, Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15215.0
  • Parcel #: 219-43-536

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2560.0
  • Tax Book Number: 219.0
  • Tax Lot: 618
  • Tax Map Number: 43.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2025
Closed on
Feb 26, 2026
Sold by
Marie Caruso
Bought by
Seller's Agent
Bruce Griffin
Tonto Verde Realty
Buyer's Agent
Kathryn Walton
Tonto Verde Realty
List Price
$585,000
Sold Price
$560,000
Premium/Discount to List
-$25,000
-4.27%
Views
274
Current Estimated Value
$571,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,064
Avg. Annual Appreciation
8.60%
Original Mortgage
$440,000
Outstanding Balance
$438,268
Interest Rate
6.1%
Mortgage Type
New Conventional
Estimated Equity
$144,839

Purchase Details

Listed on
Oct 4, 2018
Closed on
Oct 12, 2018
Sold by
Malchow William F and Malchow Sally Ann
Bought by
Caruso Patricia Marie
Seller's Agent
Kathryn Walton
Tonto Verde Realty
Buyer's Agent
Josie Pakula
Russ Lyon Sotheby's International Realty
List Price
$355,000
Sold Price
$343,500
Premium/Discount to List
-$11,500
-3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%

Purchase Details

Listed on
Apr 5, 2013
Closed on
Jul 8, 2014
Sold by
Shields Gerald R and Shields Ruth Ann
Bought by
Malchow William F and Malchow Sally Ann
Seller's Agent
Arillus Holcomb
Realty ONE Group
Buyer's Agent
Kathryn Walton
Tonto Verde Realty
List Price
$325,000
Sold Price
$292,500
Premium/Discount to List
-$32,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%
Original Mortgage
$234,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2005
Sold by
Sackrison Arthur W and Sackrison Jayne F
Bought by
Shields Gerald R and Shields Ruth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 1996
Sold by
Behn Norman S and Behn Cherie A
Bought by
Sackrison Arthur W and Sackrison Jayne F
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$560,000 Pioneer Title Agency
Caruso Patricia Marie $343,500 First American Title Insuran
Malchow William F $292,500 First American Title Ins Co
Shields Gerald R $315,000 Stewart Title & Trust Of Pho
Sackrison Arthur W $157,500 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $440,000
Previous Owner Malchow William F $234,000
Previous Owner Shields Gerald R $192,000
Previous Owner Shields Gerald R $50,000
Previous Owner Shields Gerald R $175,000
Previous Owner Shields Gerald R $175,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2026 03/16/26 Sold $560,000 -2.6% $223 / Sq Ft
01/10/2026 01/10/26 Pending -- -- --
01/03/2026 01/03/26 Price Changed $575,000 -1.7% $229 / Sq Ft
09/16/2025 09/16/25 For Sale $585,000 +70.3% $233 / Sq Ft
11/06/2018 11/06/18 Sold $343,500 -3.2% $137 / Sq Ft View Prior Sale
10/12/2018 10/12/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $355,000 -- $141 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,855 $33,306
2024 $2,523 $33,306
2023 $2,523 $35,680 $7,130 $28,550
2022 $2,528 $35,680 $7,130 $28,550
2021 $2,602 $34,960 $6,990 $27,970
2020 $2,429 $31,220 $6,240 $24,980
2019 $2,346 $29,120 $5,820 $23,300
2018 $2,507 $28,500 $5,700 $22,800
2017 $2,412 $28,560 $5,710 $22,850
2016 $1,525 $26,350 $5,270 $21,080
2015 $2,219 $23,670 $4,730 $18,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6920400

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-43-536

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