NOT LISTED FOR SALE

18502 E Picacho Rd Rio Verde, AZ 85263

Estimated Value: $1,090,000 - $1,222,000

3 Beds
3 Baths
2,855 Sq Ft
$401/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $975,000 $342 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,771/month

Highlights

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

About This Home

As of June 2021

Updated home in the gated community of Tonto Verde with 3 bedrooms, 3 bathrooms, office, great room, breakfast & formal dining areas, and open kitchen. Awesome views to the northeast of the mountains across the golf course, with pool - spa, & outdoor fireplace. Extended length 2 car garage and golf cart garage with built in cabinets. Mostly all tile roof replaced in 2019. Extensive landscaping with cacti, citrus, and desert plants.

Last Agent to Sell the Property

Fredrick Anschutz

Tonto Verde Realty License #SA101816000 Listed on: 04/29/2021

Co-Listed By

Jody Anschutz

Tonto Verde Realty License #SA563862000

Last Buyer's Agent

Fredrick Anschutz

Tonto Verde Realty License #SA101816000 Listed on: 04/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,920

Year Built

  • Built in 1996

Lot Details

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

HOA Fees

  • $383 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 2,855 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Pool

  • Heated Spa
  • Heated Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Schools

  • Adult Elementary And Middle School
  • Adult High School

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 219-14-086

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, trash
  • Tonto Verde Associat Association, Phone Number (480) 471-2582
  • Built by Alexander Homes
  • Tonto Verde Unit One Subdivision

Amenities

  • Transportation Service
  • Recreation Room

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,920

Year Built

Built in 1996

Lot Details

0

HOA Fees

$383 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: N
  • Total Monthly Fee Equivalent: 383.33
  • Basement: N
  • Cooling HVAC SEER Rating: 13
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2019
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2016
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2019
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2019
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2019
  • Parking Spaces Total Covered Spaces: 2.5
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1996
  • Spa Private: Yes
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.42
  • Co List Office Mls Id: cpaz01
  • Co List Office Phone: 480-250-5361
  • Subdivision Name: TONTO VERDE UNIT ONE
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 341.5
  • Association Fees:HOA Fee2: 2300.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Electric Cooktop, Water Purifier
  • Accessibility Features: Zero-Grade Entry
  • Total Bedrooms: 3
  • Fireplace Features: 2 Fireplace, Exterior Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2855.0
  • Stories: 1
  • Window Features: Skylight(s), Low-Emissivity Windows, Dual Pane, Tinted Windows
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: 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:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Transportation Svcs: Yes
  • Community Features:Horse Facility: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Private Street(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, On Golf Course, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Fenced, Heated, Private
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Built-Up, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 2.5
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets, Golf Cart Garage
  • Attached Garage: No
  • Garage Spaces: 2.5
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Golf Cart Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric, Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Golf, Gated, Community Spa Htd, Community Pool Htd, Transportation Svcs, Horse Facility, Tennis Court(s), Biking/Walking Path, Fitness Center
  • Association Fee: 2300.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Tonto Verde Associat
  • 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 Associat
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • 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

  • Horse Amenities: Other, See Remarks
  • Land Lease: No
  • Lot Size Sq Ft: 18120.0
  • Parcel #: 219-14-086

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Alexander Homes

Tax Info

  • Tax Annual Amount: 3920.0
  • Tax Book Number: 219.00
  • Tax Lot: 30
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
May 13, 2021
Sold by
Hongslo James M and Hongslo Geraldine E
Bought by
Kernan Laureen Bridget and Kernan Edward James
Seller's Agent
Fredrick Anschutz
Tonto Verde Realty
Buyer's Agent
Fredrick Anschutz
Tonto Verde Realty
List Price
$975,000
Sold Price
$975,000
Current Estimated Value
$1,143,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,701
Avg. Annual Appreciation
3.56%
Original Mortgage
$725,000
Outstanding Balance
$654,966
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$488,735

Purchase Details

Listed on
Aug 1, 2019
Closed on
Aug 20, 2019
Sold by
Leclerc Beverley J and Leclerc Revocable T Beverley J
Bought by
Hongslo James M and Hongslo Geraldine E
Seller's Agent
Fredrick Anschutz
Tonto Verde Realty
Buyer's Agent
Fredrick Anschutz
Tonto Verde Realty
List Price
$850,000
Sold Price
$824,000
Premium/Discount to List
-$26,000
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%

Purchase Details

Closed on
Jan 17, 2012
Sold by
Leclerc Daniel A and Leclerc Beverly J
Bought by
Leclerc Beverley J and Beverley J Leclerc Revocable Trust

Purchase Details

Closed on
Jun 16, 2005
Sold by
Leclerc Daniel A and Leclerc Beverly J
Bought by
Hamilton Lee C and Hamilton Marian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 10, 1995
Sold by
Arden Eldon and Arden Catherine
Bought by
Rio Verde Services Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kernan Laureen Bridget $975,000 Pioneer Title Agency Inc
Hongslo James M $824,000 Pioneer Title Agency Inc
Leclerc Beverley J -- None Available
Hamilton Lee C $365,000 Grand Canyon Title Agency In
Rio Verde Services Inc $122,500 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kernan Laureen Bridget $725,000
Previous Owner Hamilton Lee C $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2021 06/09/21 Sold $975,000 0.0% $342 / Sq Ft
04/29/2021 04/29/21 For Sale $975,000 +18.3% $342 / Sq Ft
09/04/2019 09/04/19 Sold $824,000 -3.1% $289 / Sq Ft View Prior Sale
08/01/2019 08/01/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $850,000 -- $298 / 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 $4,754 $62,221 -- --
2024 $4,276 $59,258 -- --
2023 $4,276 $71,110 $14,220 $56,890
2022 $4,079 $56,450 $11,290 $45,160
2021 $4,199 $55,630 $11,120 $44,510
2020 $3,920 $49,810 $9,960 $39,850
2019 $4,201 $46,430 $9,280 $37,150
2018 $4,187 $45,770 $9,150 $36,620
2017 $4,363 $47,210 $9,440 $37,770
2016 $2,775 $45,220 $9,040 $36,180
2015 $4,113 $43,870 $8,770 $35,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6228514

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-14-086