$1,180,000
SOLD MAR 28, 2025

18626 E Picacho Rd Rio Verde, AZ 85263

3 Beds
3 Baths
3,100 Sq Ft
0.36 Acres

Recently Sold

$381 Per Sq Ft

12% Below List Price

46 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 2025

Welcome to this stunning home in the gated golf community of Tonto Verde. A wall of glass will catch your eye as you enter this home to views of the Golf Course & Mazatzal Mtns. 3 ensuite Bedrooms, Den/Office, Formal Dining & Breakfast Rooms. Great room, Open Kitchen w/Bar Seating. Granite Counters, Alder Wood Cabinets, Valances, Gas Fireplace, Large walk in Pantry, 50 bottle Wine Cooler, 8ft solid wood doors. spacious covered patio w/ BBQ & Fireplace. 2nd outdoor Fireplace by the inground Spa. Tonto Verde Pass- Through Golf Membership is available to purchase and bypass the wait list.

Last Agent to Sell the Property

Fredrick Anschutz

Tonto Verde Realty License #SA101816000 Listed on: 11/23/2024

Co-Listed By

Jody Anschutz

Tonto Verde Realty License #SA563862000

Last Buyer's Agent

Charles DeLong

HomeSmart License #SA656892000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,942

Year Built

  • Built in 2004

Lot Details

  • 0.36 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

  • $414 Monthly HOA Fees

Parking

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

Home Design

  • Santa Barbara Architecture
  • Roof Updated in 2024
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 3,100 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Living Room with Fireplace
  • 3 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

Outdoor Features

  • Heated Spa
  • Patio
  • Outdoor Fireplace
  • Outdoor Storage
  • Built-In Barbecue

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Cooling System Updated in 2024
  • Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 219-14-095

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, trash
  • Advantage HOA, Phone Number (602) 926-1309
  • Built by Alexander Homes
  • Tonto Verde Unit One Subdivision, Custom Floorplan

Amenities

  • Transportation Service
  • Recreation Room

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,942

Year Built

Built in 2004

Lot Details

0

HOA Fees

$414 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: 414.17
  • Basement: N
  • Cooling HVAC SEER Rating: 13
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2024
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2024
  • Parking Spaces Total Covered Spaces: 2.5
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2004
  • Spa Private: Yes
  • Tax Year: 2024
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.36
  • Co List Office Mls Id: cpaz01
  • Co List Office Phone: 480-250-5361
  • Subdivision Name: TONTO VERDE UNIT ONE
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 380.64
  • Association Fees:HOA Fee2: 2485.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Electric Cooktop
  • Accessibility Features: Zero-Grade Entry
  • Total Bedrooms: 3
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Living Room, Gas
  • 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, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3100.0
  • 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: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
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:Separate Workshop: 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), Storage, 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: None
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile, Built-Up, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Private Street(s): Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 2.5
  • Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Separate Strge Area, Golf Cart Garage
  • Attached Garage: No
  • Garage Spaces: 2.5
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Separate Strge Area: 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)
  • Heating: Electric, Propane
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes
  • Heating:Propane: Yes

Condo/Co-op/Association

  • Community Features: Golf, Pickleball, Gated, Community Spa Htd, Community Pool Htd, Transportation Svcs, Horse Facility, Tennis Court(s), Fitness Center
  • Association Fee: 2485.0
  • 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:Special Assessment HOA: Yes
  • 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 Fees:HOA Management Company: Advantage HOA
  • Association Fees:HOA Management Phone: 602-926-1309
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fees:Special Assessment Amount Owed: 146.0
  • Association Fees:Special Assessment Frequency: Semi-Annually
  • Association Fees:Payment Start Date: 2022-01-01
  • Association Fees:Payment End Date: 2032-01-01

Fee Information

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

Lot Info

  • Horse Amenities: See Remarks
  • Land Lease: No
  • Lot Size Sq Ft: 15600.0
  • Parcel #: 219-14-095

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Alexander Homes

Tax Info

  • Tax Annual Amount: 4942.0
  • Tax Book Number: 219.00
  • Tax Lot: 39
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2024
Closed on
Mar 18, 2025
Sold by
Larry And Roberta Ernst Family Trust and Ernst Larry Lee
Bought by
Aspelund Mark E and Aspelund Keri A
Seller's Agent
Fredrick Anschutz
Tonto Verde Realty
Buyer's Agent
Charles DeLong
HomeSmart
List Price
$1,347,000
Sold Price
$1,180,000
Premium/Discount to List
-$167,000
-12.4%
Views
22
Current Estimated Value
$1,140,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,380
Avg. Annual Appreciation
-4.31%
Original Mortgage
$894,400
Outstanding Balance
$888,918
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$251,702

Purchase Details

Closed on
Nov 20, 2013
Sold by
Ernst Larry Lee and Ernst Roberta Jo
Bought by
Ernst Larry Lee and Ernst Roberta Jo

Purchase Details

Closed on
Oct 21, 2011
Sold by
Ernst Larry Lee and Ernst Roberta Jo
Bought by
Ernst Larry Lee and Ernst Roberta Jo

Purchase Details

Closed on
Sep 12, 2007
Sold by
Ernst Larry Lee and Ernst Roberta Jo
Bought by
Ernst Larry Lee and Ernst Roberta Jo

Purchase Details

Closed on
Mar 4, 2003
Sold by
Ernst Larry Lee and Ernst Roberta Jo
Bought by
Ernst Larry Lee and Ernst Robert Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.71%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 22, 2003
Sold by
Moryl Lynda S
Bought by
Ernst Larry Lee and Ernst Roberta Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.71%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 1, 1999
Sold by
Moryl Thomas A
Bought by
Moryl Lynda S

Purchase Details

Closed on
Jun 2, 1997
Sold by
Cincotta Edward A and Cincotta Sarah R
Bought by
Schnepff Martin J and Schnepff Donna J

Purchase Details

Closed on
Mar 17, 1994
Sold by
Rio Verde Services Inc
Bought by
Cincotta Edward A and Cincotta Sarah R
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 Type Sale Price Title Company
Warranty Deed $1,118,000 Wfg National Title Insurance C
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title
Warranty Deed $210,000 Grand Canyon Title Agency In
Interfamily Deed Transfer -- Grand Canyon Title Agency In
Cash Sale Deed $165,000 Grand Canyon Title Agency In
Cash Sale Deed $125,000 Grand Canyon Title Agency In
Cash Sale Deed $92,500 Grand Canyon Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $894,400 New Conventional
Previous Owner $280,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2025 03/28/25 Sold $1,180,000 -12.4% $381 / Sq Ft
11/23/2024 11/23/24 For Sale $1,347,000 -- $435 / 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 $5,158 $67,501 -- --
2024 $4,638 $64,286 -- --
2023 $4,638 $76,700 $15,340 $61,360
2022 $4,425 $59,650 $11,930 $47,720
2021 $4,556 $59,520 $11,900 $47,620
2020 $4,252 $53,520 $10,700 $42,820
2019 $4,107 $50,370 $10,070 $40,300
2018 $4,078 $49,610 $9,920 $39,690
2017 $4,210 $50,810 $10,162 $40,648
2016 $4,162 $52,110 $10,420 $41,690
2015 $4,071 $50,800 $10,160 $40,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6788276

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-14-095