NOT LISTED FOR SALE

18613 E Adobe Cir Rio Verde, AZ 85263

Estimated Value: $1,377,594 - $1,516,000

3 Beds
3.5 Baths
3,711 Sq Ft
$393/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $1,415,000 $381 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,582/month

50 Days on Market

Highlights

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

About This Home

As of April 2024

Welcome to this exquisite custom home nestled within a serene and private Cul-de-sac, where $110,000 in renovations have transformed every corner into a testament of luxury living. Featuring a single-level design, this residence sits majestically on nearly half an acre, offering a sanctuary for both entertainment and everyday tranquility.Step inside to discover a stunning open layout adorned with soaring 10' to 14' ceilings, bathed in natural light that dances across the spacious rooms. Impeccably designed, solid 8-foot hardwood doors grace every threshold, inviting you into a world of refined elegance.With a thoughtful layout, this home boasts two En-Suite guest bedrooms, each with its own lavish walk-in shower. The crowning jewel, the Master Suite, is a haven of opulence, featuring a double vanity, a walk-in jetted shower, custom cabinetry, and an expansive walk-in closet.The heart of this abode is its grand living room, an entertainer's paradise framed by a semi-circular wall of windows that gaze upon the majestic Four Peaks. A generous office space, complete with custom built-in cabinetry, adds functionality and style to the home.For culinary enthusiasts, the chef's kitchen is a masterpiece, featuring solid slab granite countertops, Alder hardwood cabinetry, top-tier GE Monogram appliances, a new Asko dishwasher, a vast center island, and a walk-in pantry fit for a gourmet. Adjoining this culinary haven, both informal everyday off-kitchen dining space and a spectacular formal dining room offering picturesque views.This home is equipped with a home-wide water treatment system and a solar assist hot water heater, ensuring immediate hot water at your fingertips. Additionally, with 36 seller-owned solar roof panels ensuring substantial monthly savings on electricity bills.And not to forget, indulge in the convenience of a huge, spacious 5-car garage, offering loads of space. This extra deep 1100+ square foot garage, complete with A/C, provides room for all your treasured items.Stepping outside, the property reveals its allure - a stunning half acre corner-lot home boasting exquisite curb appeal. Featuring a private resort style backyard perfect for entertaining and relaxing, with a huge covered patio with new epoxy surfacing, outdoor kitchen, built-in BBQ (NEW), refrigerator, Kiva fireplace and private staircase leading to your own observation deck with dramatic views. To complement this luxury, delight in your very own private citrus garden, boasting grapefruit, orange, lemon, and lime trees, adding a fragrant and fruitful touch to your property.This residence is more than a home; it's a testament to luxury, craftsmanship, and a lifestyle of unparalleled elegance. Welcome home to refined living at its finest.Many of the furnishings are available, please inquire.

Last Agent to Sell the Property

Adam Prather

Russ Lyon Sotheby's International Realty License #SA659490000 Listed on: 11/17/2023

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Cindi Pendergraft

Realty ONE Group License #SA581091000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,021

Year Built

  • Built in 2004

Lot Details

  • 0.46 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $386 Monthly HOA Fees

Parking

  • 5 Car Direct Access Garage
  • Heated Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Golf Cart Garage

Home Design

  • Contemporary Architecture
  • Roof Updated in 2022
  • Wood Frame Construction
  • Built-Up Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 3,711 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Mechanical Sun Shade
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Smart Home

Accessible Home Design

  • Roll-in Shower
  • Bathroom has a 60 inch turning radius
  • Accessible Kitchen
  • Insulated Kitchen Pipes
  • Accessible Hallway
  • Doors are 32 inches wide or more
  • No Interior Steps
  • Multiple Entries or Exits
  • Stepless Entry
  • Raised Toilet
  • Hard or Low Nap Flooring

Pool

  • Pool Updated in 2023
  • Heated Spa
  • Heated Pool
  • Fence Around Pool
  • Pool Pump

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Central Air
  • Heating Available
  • Propane
  • High-Efficiency Water Heater
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Solar Power System
  • Equestrian Center

Listing and Financial Details

  • Tax Lot 263
  • Assessor Parcel Number 219-14-356

Community Details

Overview

  • Association fees include sewer, ground maintenance, street maintenance, trash
  • Advantage Accounting Association, Phone Number (602) 317-9183
  • Built by Alexander Homes
  • Tonto Verde Unit Four Corr Subdivision

Amenities

  • Transportation Service
  • Recreation Room

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,021

Year Built

Built in 2004

Lot Details

0

HOA Fees

$386 per month

Parking

5

Listing Details

  • Cross Street: E Adobe Circle and N Montana Drive
  • Legal Info Range: 7E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 386.17
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2018
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2023
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2022
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Solar Panels Grid: On
  • Year Built: 2004
  • Spa Private: Yes
  • Tax Year: 2023
  • Directions: N Scottsdale Rd to Dynamite Rd, E to Forest Rd, RT to Tonto Verde Gate, RT Tonto Verde Dr two second RT N Montana Dr 1st left onto Adobe Circle.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.46
  • Subdivision Name: TONTO VERDE UNIT FOUR CORR
  • Architectural Style: Contemporary
  • Efficiency: Solar Panels, Water Heater
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 2317.0
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated, Private
  • Appliances: Electric Cooktop, Water Purifier
  • Accessibility Features: Accessible Door 32in+ Wide, Zero-Grade Entry, Mltpl Entries/Exits, Ktch Insulated Pipes, Hard/Low Nap Floors, Bath Roll-In Shower, Bath Raised Toilet, Bath 60in Trning Rad, Accessible Hallway(s), Accessible Kitchen
  • Possible Bedrooms: 5
  • Total Bedrooms: 3
  • Fireplace Features: 2 Fireplace, Exterior Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3711.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, Mechanical Sun Shds, Tinted Windows
  • ResoLivingAreaSource: Assessor
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: 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:Pickleball Court(s): Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Separate Workshop: Yes
  • Community Features:Transportation Svcs: Yes
  • Community Features:Horse Facility: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Variable Speed Pump, Fenced, Heated, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: 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

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets, Side Vehicle Entry, Temp Controlled, Golf Cart Garage
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Golf Cart Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Utilities: Propane
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat, See Remarks
  • Heating: Electric
  • Security: Fire Sprinkler System, 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, Pickleball, Gated, Community Spa Htd, Community Pool Htd, Transportation Svcs, Horse Facility, Tennis Court(s), Biking/Walking Path, Fitness Center
  • Amenities: Clubhouse, Club, Membership Opt, Management, Rental OK (See Rmks), Spec Assmnt Pending
  • 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: Yes
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 461.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 200.0
  • Association Fees:Other Fees Description: 0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Advantage Accounting
  • Association Fees:HOA Management Phone: 602-317-9183
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fees:Special Assessment Amount Owed: 461.0
  • Association Fees:Special Assessment Frequency: Semi-Annually
  • Association Fees:Payment Start Date: 2023-10-01
  • Association Fees:Payment End Date: 2032-06-01

Fee Information

  • Association Fee Includes: Sewer, Maintenance Grounds, Street Maint, Trash

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20068.0
  • Parcel #: 219-14-356
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Alexander Homes

Tax Info

  • Tax Annual Amount: 5021.0
  • Tax Book Number: 219.00
  • Tax Lot: 263
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Apr 5, 2024
Sold by
Clark Daniel Edward
Bought by
Jeffrey S Buffoni Revocable Trust and Buffoni
Seller's Agent
Adam Prather
Russ Lyon Sotheby's International Realty
Buyer's Agent
Cindi Pendergraft
Realty ONE Group
List Price
$1,540,000
Sold Price
$1,415,000
Premium/Discount to List
-$125,000
-8.12%
Total Days on Market
50
Views
95
Current Estimated Value
$1,457,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,399
Avg. Annual Appreciation
2.60%

Purchase Details

Listed on
Jul 16, 2020
Closed on
Mar 10, 2021
Sold by
Dixon Robert and Dixon Cheryl A
Bought by
Clark Daniel Edward
Seller's Agent
Michael Kapke
Tonto Verde Realty
Buyer's Agent
Carol Havins
HomeSmart
List Price
$1,375,000
Sold Price
$1,265,000
Premium/Discount to List
-$110,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.78%
Original Mortgage
$875,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2012
Sold by
Dixon Robert and Dixon Cheryl A
Bought by
Dixon Robert and Dixon Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,300
Interest Rate
3.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 7, 2005
Sold by
Dixon Robert and Dixon Cheryl A
Bought by
Dixon Robert and Dixon Cheryl A

Purchase Details

Closed on
Aug 6, 2004
Sold by
Dixon Robert J and Dixon Cheryl A
Bought by
Dixon Cheryl A and Cheryl A Dixon Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2003
Sold by
Dixon Robert J and Dixon Cheryl A
Bought by
Dixon Cheryl A and Cheryl A Dixon Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.98%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 3, 2003
Sold by
Olson Richard E and Olson Cleojean
Bought by
Dixon Cheryl A and The Cheryl A Dixon Living Trust

Purchase Details

Closed on
Apr 14, 1997
Sold by
Rio Verde Services Inc
Bought by
Olson Richard E and Olson Cleojean
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 Buyer Sale Price Title Company
Jeffrey S Buffoni Revocable Trust $1,415,000 Grand Canyon Title
Clark Daniel Edward $1,265,000 Pioneer Title Agency Inc
Dixon Robert -- Accommodation
Dixon Robert -- --
Dixon Cheryl A -- Grand Canyon Title Agency
Dixon Robert J -- Grand Canyon Title Agency In
Dixon Cheryl A -- Grand Canyon Title Agency In
Dixon Robert J -- Grand Canyon Title Agency In
Dixon Cheryl A $115,000 Grand Canyon Title Agency In
Olson Richard E $90,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Daniel Edward $875,000
Previous Owner Dixon Robert $52,300
Previous Owner Dixon Robert $295,000
Previous Owner Dixon Robert $295,000
Previous Owner Dixon Robert J $333,700
Previous Owner Dixon Robert J $600,000
Closed Dixon Robert J $66,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $1,415,000 -3.7% $381 / Sq Ft
01/07/2024 01/07/24 Pending -- -- --
11/30/2023 11/30/23 Price Changed $1,470,000 -4.5% $396 / Sq Ft
11/17/2023 11/17/23 For Sale $1,540,000 +21.7% $415 / Sq Ft
03/31/2021 03/31/21 Sold $1,265,000 +3.7% $341 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
12/02/2020 12/02/20 Price Changed $1,220,000 -5.8% $329 / Sq Ft
10/16/2020 10/16/20 Price Changed $1,295,000 -5.8% $349 / Sq Ft
07/16/2020 07/16/20 For Sale $1,375,000 -- $371 / 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 $5,542 $72,646 -- --
2024 $5,021 $69,187 -- --
2023 $5,021 $86,880 $17,370 $69,510
2022 $4,793 $64,130 $12,820 $51,310
2021 $4,975 $63,900 $12,780 $51,120
2020 $4,602 $57,880 $11,570 $46,310
2019 $4,449 $54,210 $10,840 $43,370
2018 $4,625 $54,260 $10,850 $43,410
2017 $4,408 $55,270 $11,050 $44,220
2016 $2,599 $51,710 $10,340 $41,370
2015 $4,178 $48,000 $9,600 $38,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6628291

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-14-356