NOT LISTED FOR SALE

18520 E Picacho Rd Unit 1 Rio Verde, AZ 85263

Estimated Value: $986,348 - $1,282,000

3 Beds
3 Baths
2,808 Sq Ft
$401/Sq Ft Est. Value

Last Sold March 01, 2017

Last sale price $695,000 $248 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,257/month

49 Days on Market

Highlights

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

About This Home

As of March 2017

A special location on the 17th fairway of the Peaks Golf Course, with Mazatzal Mtn. views. 3 Bedrooms, 3 Baths, Den, Great room with Formal Dining. Open Kitchen with Island, wine cooler, stainless steel appliances. Chiseled Travertine stone thru out, with carpet in the bedrooms. Solid wood Alder doors & cabinets, Granite & Brazilian Marble counters, wooden shutters & Hunter Douglas window coverings. Built-In BBQ, wrap around covered patio, observation deck, 2 car garage with golf cart garage, and garage storage room. Driveway and front entry covered with stamped concrete. Walled & gated front court yard. Updated AC units w/ Remote Thermostat Unit. Soft water unit and recirculation pump. The views of the golf course and Mountains to the Northeast, makes this an unique opportunity !!

Last Agent to Sell the Property

Fredrick Anschutz

Tonto Verde Realty License #SA101816000 Listed on: 10/16/2016

Co-Listed By

Jody Anschutz

Tonto Verde Realty License #SA563862000

Last Buyer's Agent

Cindi Pendergraft

Realty ONE Group License #SA581091000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,411

Year Built

  • Built in 1995

Lot Details

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

Parking

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

Home Design

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

Interior Spaces

  • 2,808 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Solar Screens
  • Living Room with Fireplace
  • Mountain Views
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Adult Elementary And Middle School
  • Adult High School

Horse Facilities and Amenities

  • Equestrian Center

Utilities

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

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 219-14-089

Community Details

Overview

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

Amenities

  • Transportation Service
  • 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

$3,411

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Forest Rd & Tonto Verde Dr
  • 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: 325.0
  • Basement: N
  • Cooling HVAC SEER Rating: 13
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2010
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2013
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2015
  • Parking Spaces Total Covered Spaces: 2.5
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1995
  • Tax Year: 2016
  • Directions: East on Dynamite Rd to Forest Rd, turn south to Tonto Verde Rd, turn west to Agua Verde Rd, turn south to Picacho Rd, turn left to address.
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.43
  • Co List Office Mls Id: cpaz01
  • Co List Office Phone: 480-250-5361
  • Subdivision Name: TONTO VERDE UNIT ONE
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Multi-Zones, Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1950.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: 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: VirtualTour

Interior Features

  • Flooring: Carpet, Stone
  • Spa Features: Community, Heated, None
  • Accessibility Features: Zero-Grade Entry
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, No Interior Steps, Soft Water Loop, Kitchen Island, Pantry, 3/4 Bath Master Bdrm, Double Vanity, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2808.0
  • Stories: 1
  • Window Features: Skylight(s), Double Pane Windows, Low Emissivity Windows, Tinted Windows
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • 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:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: 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:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Transportation Svcs: Yes
  • Community Features:Horse Facility: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Patio, Private Street(s), Built-in Barbecue
  • 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: Community, Heated, None
  • View: Mountain(s)
  • Disclosures: 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:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.5
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Separate Strge Area, 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:Separate Strge Area: Yes
  • Parking Features:Golf Cart Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Security System Owned, Gated Community
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Transportation Svcs, Golf, Horse Facility, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Club, Membership Opt, Rental OK (See Rmks), Self Managed
  • 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: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

  • Horse Amenities: Other, See Remarks
  • Land Lease: No
  • Lot Size Sq Ft: 18600.0
  • Parcel #: 219-14-089
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Alexander Homes

Tax Info

  • Tax Annual Amount: 3411.0
  • Tax Book Number: 219.00
  • Tax Lot: 33
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2016
Closed on
Jan 17, 2017
Sold by
Rice Boyd Emerson
Bought by
Hoffman Michael Phillip and Hoffman Georgine Kay
Seller's Agent
Fredrick Anschutz
Tonto Verde Realty
Buyer's Agent
Cindi Pendergraft
Realty ONE Group
List Price
$739,000
Sold Price
$695,000
Premium/Discount to List
-$44,000
-5.95%
Current Estimated Value
$1,125,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,087
Avg. Annual Appreciation
6.40%
Original Mortgage
$486,500
Outstanding Balance
$399,790
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$782,281

Purchase Details

Closed on
Jan 22, 2013
Sold by
Rice Boyd E and Rice Barbara J
Bought by
Rice Barbara Jane and Rice Boyd Emerson

Purchase Details

Closed on
Jul 27, 2011
Sold by
Schrempf James A and Schrempf Beth A
Bought by
Rice Boyd E and Rice Barbara J

Purchase Details

Closed on
Nov 23, 2005
Sold by
Smith Lindsay B and Smith Deborah T
Bought by
Schrempf James A and Schrempf Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2001
Sold by
Damon Frank D and Damon Bonita J
Bought by
Smith Lindsay B and Smith Deborah T

Purchase Details

Closed on
Mar 18, 1997
Sold by
Waugh Terry L and Waugh Nancy L
Bought by
Damon Frank D and Damon Bonita J

Purchase Details

Closed on
Jun 23, 1995
Sold by
Alexander & Sons Inc
Bought by
Waugh Terry L and Waugh Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.9%

Purchase Details

Closed on
Mar 27, 1995
Sold by
Rio Verde Services Inc
Bought by
Alexander & Sons Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.6%

Purchase Details

Closed on
Jan 9, 1995
Sold by
Rio Verde Services Inc
Bought by
Alexander & Sons Inc
Source: Public Records

Range of Values:

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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
Hoffman Michael Phillip $695,000 Grand Canyon Title Agency
Rice Barbara Jane -- None Available
Rice Boyd E $680,000 Grand Canyon Title Agency In
Schrempf James A $720,000 Commonwealth Title
Smith Lindsay B $595,000 Grand Canyon Title Agency In
Damon Frank D $450,000 Grand Canyon Title Agency In
Waugh Terry L $376,350 Grand Canyon Title Agency In
Alexander & Sons Inc -- Grand Canyon Title Agency
Alexander & Sons Inc $104,000 Grand Canyon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Michael Phillip $486,500
Previous Owner Schrempf James A $576,000
Previous Owner Waugh Terry L $190,000
Previous Owner Alexander & Sons Inc $125,000
Closed Alexander & Sons Inc $103,900
Closed Schrempf James A $71,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2017 03/01/17 Sold $695,000 -6.0% $248 / Sq Ft
12/03/2016 12/03/16 Pending -- -- --
10/15/2016 10/15/16 For Sale $739,000 -- $263 / 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 $3,785 $55,976 -- --
2024 $4,267 $53,310 -- --
2023 $4,267 $63,910 $12,780 $51,130
2022 $4,084 $50,710 $10,140 $40,570
2021 $4,162 $50,150 $10,030 $40,120
2020 $3,907 $44,870 $8,970 $35,900
2019 $3,780 $41,770 $8,350 $33,420
2018 $3,774 $41,260 $8,250 $33,010
2017 $3,907 $42,280 $8,450 $33,830
2016 $3,411 $40,580 $8,110 $32,470
2015 $3,318 $39,350 $7,870 $31,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5512372

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-14-089