NOT LISTED FOR SALE

18612 E Adobe Cir Rio Verde, AZ 85263

Estimated Value: $996,367 - $1,029,000

3 Beds
3 Baths
2,810 Sq Ft
$359/Sq Ft Est. Value

Last Sold May 05, 2025

Last sale price $1,002,500 $357 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,154/month

86 Days on Market

Highlights

  • Concierge
  • Golf Course Community
  • Fitness Center
  • Fountain Hills Middle School Rated A-
  • Equestrian Center
  • Transportation Service

About This Home

As of May 2025

PRICED TO SELL!! This gorgeous custom home underwent a major renovation in 2023!
Located in the coveted Tonto Verde Golf and Country Club. 4 bed, 3 bath home.
Two bedrooms, two baths and office/bedroom (built in Murphy beds) are located in the main home.
Theres a separate attached Casita with full bath, kitchenette with its own private entrance. Perfect for your family, grandkids or out-of-town guests.

When it comes to Arizona we all love the weather, and this beautiful home has a large front courtyard that serves as the perfect gathering area. It receives abundant morning sunshine, even on those cooler days.

The homes oversized corner lot allows for an open front yard with a sizeable setback from the road making the front courtyard private and relaxing.

The huge yard is abundant in large mature trees and many native desert species of plants.

In the backyard you'll find a peaceful retreat with pool friendly landscaping that surrounds a heated pebbletec pool. Theres a high block wall fence to keep pets safe. This completely private back yard puts you in your own private space with no neighbor or road noise. All you can hear is the chirping of birds.

There are so many upgrades to this completely renovated, exquisite abode.
The entire home was refloored with hardwood and travertine throughout.
The interior and exterior of the home was completely repainted. There is new custom wood trim and beautiful solid wood doors. The home has custom wood blinds and full window coverings throughout.

The kitchen has an Acacia wood bar countertop with Austin stone finishing under the bar. The wood burning fireplace also has Austin stone to the ceiling and a brand new custom wood mantle. The matte black luxury appliances are all new, the oven has an air fryer built in and the laundryroom washer/dryer is a new double steam model. Pullout drawers in all the lower cabinets makes for a ton of storage space. The reno also included a water filtration system making the fridges water twice filtered. The fridge has a built in motion sensor night light and a two sized ice cube maker producing the best large Craft ice possible!

Currently the dining area off the kitchen is a conversation seating area but it can easily fit a large dining table.

Moving to the master suite, there is new travertine tile in the bathroom, new lighting and faucets, clawfoot bathtub has been installed , and the much coveted his and hers closets with a new custom California closet. The master closet could also be converted into an art room or hobby space as the shelving could be easily removed.

The home has new lighting and fans throughout that are both current and timeless.

Beyond the upgrades to the home, there have been a menagerie of improvements on the property as well, including the pool, which has been resurfaced, servicing of the pool heater, a new pool cover plus landscaping and irrigation upgrades. The garage has brand new cabinets and a work bench for storage and tools. Theres also a new electric car plug in recently installed.

This show stopper is move in ready and furnished with luxury furnishings from Restoration Hardware, Potato Barn and Pottery Barn, we well as custom pieces. Most furnishings/decor are available and can be negotiated.

Last Agent to Sell the Property

Megan Dante

Real Broker License #SA693854000 Listed on: 11/30/2024

Real Broker

Co-Listed By

Brett Worsencroft

Real Broker License #SA694067000

Last Buyer's Agent

Renee Merritt

Keller Williams Arizona Realty License #SA572109000

Keller Williams Arizona Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,784

Year Built

  • Built in 1997

Lot Details

  • 0.4 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $386 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 2,810 Sq Ft Home
  • 1-Story Property
  • Furnished
  • 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
  • Electric Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Solar Tube

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Pool

  • Heated Lap Pool
  • Fence Around Pool

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Equestrian Center

Listing and Financial Details

  • Tax Lot 258
  • Assessor Parcel Number 219-14-351

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, trash
  • Tonto Verde HOA, Phone Number (480) 471-2582
  • Tonto Verde Unit Four Corr Subdivision, Custom Floorplan

Amenities

  • Concierge
  • 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

$3,784

Year Built

Built in 1997

Lot Details

0

HOA Fees

$386 per month

Parking

2

Listing Details

  • Cross Street: Forest Rd and Rio 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: 386.17
  • Basement: N
  • Cooling HVAC SEER Rating: 13
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2014
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2020
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1997
  • Tax Year: 2024
  • Directions: South on Forest Rd. Right on Tonto Verde Dr. Right on Montana Dr. Left on Adobe Circle. Home on Right.
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.4
  • Co List Office Mls Id: realbr001
  • Co List Office Phone: 602-755-3415
  • Subdivision Name: TONTO VERDE UNIT FOUR CORR
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Solar Tubes, Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 2317.0
  • 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
  • Windows:Solar Screens: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop, Water Purifier
  • Accessibility Features: Zero-Grade Entry
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Furnished(See Rmrks), No Interior Steps, Soft Water Loop, 3/4 Bath Master Bdrm
  • Living Area: 2810.0
  • Stories: 1
  • Window Features: Skylight(s), Low-Emissivity Windows, Solar Screens, Dual Pane, Tinted Windows
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: 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
  • Other Rooms:Great Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Community Features:Concierge: 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
  • Exterior Features: Private Street(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Fenced, Heated, Lap, Private
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Reflective Coating, Tile, Built-Up, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access, Circular Driveway, Attch'd Gar Cabinets, Golf Cart Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • 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:Circular Drive: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Gated, Community Spa Htd, Community Pool Htd, Transportation Svcs, Horse Facility, Concierge, Tennis Court(s), Biking/Walking Path, Fitness Center
  • Association Fee: 2317.0
  • 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 DisclosureAddendum Affirmation: Yes
  • 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:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 200.0
  • 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
  • Junior High Dist: Adult
  • Middle Or Junior School: Adult

Lot Info

  • Horse Amenities: See Remarks
  • Land Lease: No
  • Lot Size Sq Ft: 17424.0
  • Parcel #: 219-14-351

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 3784.0
  • Tax Book Number: 219.00
  • Tax Lot: 258
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2024
Closed on
May 1, 2025
Sold by
Coulter Lisa L
Bought by
Levine Alan N and Levine Julie A
Seller's Agent
Megan Dante
Real Broker
Buyer's Agent
Renee Merritt
Keller Williams Arizona Realty
List Price
$999,400
Sold Price
$1,002,500
Premium/Discount to List
$3,100
0.31%
Views
45
Current Estimated Value
$1,008,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,092
Avg. Annual Appreciation
1.85%

Purchase Details

Listed on
Apr 23, 2022
Closed on
Apr 27, 2023
Sold by
Marilyn J Hegg Living Trust
Bought by
Coulter L Lisa
Seller's Agent
Fredrick Anschutz
Tonto Verde Realty
Buyer's Agent
Megan Dante
Real Broker
List Price
$925,000
Sold Price
$749,000
Premium/Discount to List
-$176,000
-19.03%
Views
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
15.52%
Original Mortgage
$550,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2009
Sold by
Hegg Peter
Bought by
Hegg Marilyn J and Hegg Peter P

Purchase Details

Closed on
Jul 12, 2007
Sold by
Kaltenbach Eric J and Kaltenbach Candice A
Bought by
Hegg Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2007
Sold by
Hegg Marilyn
Bought by
Hegg Peter P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2005
Sold by
Vosburg William A and Vosburg Suzanne
Bought by
Kaltenbach Eric and Kaltenbach Candice

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
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 1997
Sold by
Rio Verde Services Inc
Bought by
Vosburg William A and Vosburg Suzanne
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Levine Alan N $1,002,500 Asset Protection Title Agency
Coulter L Lisa $749,000 Security Title Agency
Hegg Marilyn J -- None Available
Hegg Peter $575,000 North American Title Co
Hegg Peter P -- North American Title Co
Kaltenbach Eric $450,000 Chicago Title Insurance Co
Kaltenbach Eric J -- Chicago Title Insurance Co
Vosburg William A $80,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coulter Lisa L $100,000
Previous Owner Coulter L Lisa $550,000
Previous Owner Hegg Peter P $442,000
Previous Owner Hegg Marilyn J $464,000
Previous Owner Hegg Peter P $359,000
Previous Owner Hegg Peter $355,000
Previous Owner Kaltenbach Eric $175,000
Previous Owner Vosburg William A $365,400
Previous Owner Vosburg William A $232,344
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Sold $1,002,500 +0.3% $357 / Sq Ft
03/04/2025 03/04/25 For Sale $999,400 0.0% $356 / Sq Ft
02/24/2025 02/24/25 Pending -- -- --
01/29/2025 01/29/25 Price Changed $999,400 -0.1% $356 / Sq Ft
12/10/2024 12/10/24 Price Changed $999,900 -14.9% $356 / Sq Ft
11/30/2024 11/30/24 For Sale $1,175,000 +56.9% $418 / Sq Ft
04/27/2023 04/27/23 Sold $749,000 -11.8% $267 / Sq Ft
02/03/2023 02/03/23 Price Changed $849,000 -8.2% $302 / Sq Ft
11/03/2022 11/03/22 For Sale $925,000 0.0% $329 / Sq Ft
11/03/2022 11/03/22 Price Changed $925,000 +23.5% $329 / Sq Ft
06/08/2022 06/08/22 Off Market $749,000 -- --
04/22/2022 04/22/22 For Sale $950,000 -- $338 / 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 $3,784 $48,860 -- --
2024 $3,387 $34,569 -- --
2023 $3,387 $59,860 $11,970 $47,890
2022 $3,595 $44,550 $8,910 $35,640
2021 $3,682 $43,730 $8,740 $34,990
2020 $3,436 $39,170 $7,830 $31,340
2019 $3,328 $36,460 $7,290 $29,170
2018 $3,417 $36,430 $7,280 $29,150
2017 $3,245 $36,810 $7,360 $29,450
2016 $3,194 $34,130 $6,820 $27,310
2015 $3,070 $31,630 $6,320 $25,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6789580

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-14-351