NOT LISTED FOR SALE

18626 E Picacho Rd Rio Verde, AZ 85263

Estimated Value: $1,127,000 - $1,235,000

3 Beds
3 Baths
3,100 Sq Ft
$377/Sq Ft Est. Value

Sale Details

Date Sold: March 28, 2025

Last sale price $1,180,000 $381 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,038 / mo

About This Home

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.

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
$1,160,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,694
Avg. Annual Appreciation
-0.97%
Original Mortgage
$894,400
Outstanding Balance
$888,918
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$278,322

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
Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
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
Aspelund Mark E $1,118,000 Wfg National Title Insurance C
Ernst Larry Lee -- None Available
Ernst Larry Lee -- None Available
Ernst Larry Lee -- None Available
Ernst Larry Lee -- Fidelity National Title
Ernst Larry Lee $210,000 Grand Canyon Title Agency In
Moryl Lynda S -- Grand Canyon Title Agency In
Moryl Lynda S $165,000 Grand Canyon Title Agency In
Schnepff Martin J $125,000 Grand Canyon Title Agency In
Cincotta Edward A $92,500 Grand Canyon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aspelund Mark E $894,400
Previous Owner Ernst Larry Lee $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2025 03/28/25 Sold $1,180,000 -12.4% $381 / Sq Ft View Prior Sale
11/23/2024 11/23/24 For Sale $1,347,000 -- $435 / Sq Ft

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

  • Fredrick Anschutz

    Seller's Agent in 2025

    Fredrick Anschutz

    Tonto Verde Realty

    (480) 471-1962

    69 in this area

    69 Total Sales

    Fredrick Anschutz
    Section Image
  • Jody Anschutz

    Seller Co-Listing Agent in 2025

    Jody Anschutz

    Tonto Verde Realty

    (480) 363-4152

    71 in this area

    71 Total Sales

    Jody Anschutz
    Section Image
  • Charles DeLong

    Buyer's Agent in 2025

    Charles DeLong

    HomeSmart

    (480) 415-7818

    1 in this area

    122 Total Sales

    Charles DeLong
    Section Image
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Map

Arizona Maricopa County Rio Verde 85263

18626 E Picacho Rd, Rio Verde, AZ

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