NOT LISTED FOR SALE

197 Camino Oceano Rio Rico, AZ 85648

Estimated Value: $272,000 - $295,000

3 Beds
2 Baths
1,550 Sq Ft
$185/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $280,000 $181 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,656/month

229 Days on Market

Highlights

  • New Construction
  • Panoramic View
  • Solid Surface Bathroom Countertops
  • Multiple Garages
  • Ranch Style House
  • Granite Countertops

About This Home

As of May 2024

Rio Rico is known for its picture-perfect views, desert landscaping, and custom homes. This beautiful home is currently under construction on exit 25 off Palo Parado. This home is loaded with character and charm and will be completed by October 2023. This home sits on a 0.53-acre lot. As you come into this pleasantly inviting home you are warmly greeted by a large living and dining space. The ample kitchen features Alder Cabinets, with granite counter tops. This magnificent residence features 3 spacious bedrooms and 2 bathrooms. This property is perched on the perfect lot to highlight all its Rio Rico charm. Spend your mornings and evenings with beautiful sunrises and sunsets while enjoying the San Cayetano Mountain views. Make this home yours.

Last Agent to Sell the Property

Meliza Silva

RE/MAX Portfolio Homes Listed on: 09/28/2023

RE/MAX Portfolio Homes

Co-Listed By

Antonio Reyes Moreno

RE/MAX Portfolio Homes

Last Buyer's Agent

Bryan Harris

NextHome Complete Realty (DBA)

NextHome Complete Realty (DBA)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $138

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.53 Acre Lot
  • East or West Exposure
  • Desert Landscape
  • Back Yard
  • Property is zoned SCC - R-2

Property Views

  • Panoramic
  • Desert

Home Design

  • Ranch Style House
  • Frame Construction
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 1,550 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Storage
  • Laundry Room
  • Ceramic Tile Flooring

Kitchen

  • Walk-In Pantry
  • Electric Range
  • Recirculated Exhaust Fan
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Parking

  • 2 Car Garage
  • Multiple Garages
  • Garage Door Opener
  • No Driveway

Schools

  • Mountain View Elementary School
  • Coatimundi Middle School
  • Rio Rico High School

Utilities

  • Central Air
  • Electric Water Heater
  • Septic System
  • High Speed Internet
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Additional Features

  • No Interior Steps
  • North or South Exposure
  • Patio

Listing and Financial Details

  • Builder Warranty

Community Details

Overview

  • Built by Raner Construction
  • Rio Rico Ranchettes East Community
  • Rio Rico Ranchettes 17 Subdivision

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$138

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Dwelling Type: Single Family Residence
  • Style: Ranch
  • Technology: Cable TV, High Speed Internet, Satellite Dish, Telephone
  • Accessibility Options: None
  • Builder License: 229982
  • Builder Name: Raner Construction
  • Builder Warranty: 2 years
  • Legal Description: Sub Rio Rico Ranchettes Unit No.17 Lot 41 of BLK 340
  • Building Stories: One
  • List Price per Sq Ft: 183.87
  • Building New Construction: New Construction
  • New Construction Date Complete: 2023-10-31
  • New Construction Date Framed: 2023-06-29
  • Subdivision Restrict C C And Rs: No
  • Additional Bathroom Features: Countertops/Hall, Exhaust Fan, Shower & Tub
  • Additional Bathroom Features Other: Alder Cabineta
  • Income Property Current Use: Owner Occupied
  • Master Bathroom Features Other: Alder Cabinets
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Storage, Walk In Closet(s)
  • Fireplace: None
  • Fireplace Location: None
  • Window Coverings: None
  • Floor Covering: Ceramic Tile
  • Bedrooms: 3
  • Master Bathroom Features: Exhaust Fan, Shower & Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Has Basement: No
  • Dining Areas: Dining Area
  • Kitchen Features Countertops: Granite
  • Kitchen Features Pantry: Closet
  • Laundry Other: Shelves
  • Living Areas: Living Room
  • Laundry: Laundry Room
  • Extra Room: None
  • Combined Sq Ft: 1550.00
  • Interior Steps YN: N
  • Kitchen Features: Electric Range, Exhaust Fan, Garbage Disposal, Refrigerator
  • Main House Sq Ft: 1550.00
  • Source Of Sq Ft: Assessor

Exterior Features

  • Construction: Frame, Frame - Stucco, Stucco Finish
  • Construction Status: New Construction
  • ExteriorFeatures: None
  • F E M A Flood Zone: No
  • Fence: None
  • Guest Facilities: None
  • Landscape Front: Natural Desert
  • Landscape Rear: Low Care, Natural Desert
  • Patio Deck: Patio
  • Pool: None
  • Pool Conventional: No
  • Road Maintenance: County
  • Roof: Tile
  • Spa: None
  • View: Desert, Panoramic, Sunrise, Sunset

Garage/Parking

  • Driveway: None
  • Garage Carport Feat: Additional Garage, Electric Door Opener
  • Number Of Covered Prkng: 2.00
  • Number Of Garage Spaces: 2.00
  • Rv Parking: None

Utilities

  • Water: Water Company
  • Water Heater: Electric
  • Electric Electric Company: Unisoure
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Central Air
  • Main Heating: Electric
  • Security: None
  • Sewer: Septic

Condo/Co-op/Association

  • Association Amenities: None
  • Association Fees Include: None
  • HOA: No
  • Community: Rio Rico Ranchettes East
  • Neighborhood Feature: Walking Trail

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No

Schools

  • School District: Santa Cruz Valley United School District #35
  • Elementary School: Mountain View Elementary
  • Middle School: Coatimundi Middle School
  • High School: Rio Rico High School

Lot Info

  • Property Group ID: 19990816212109142258000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.53
  • Lot Dimensions: Irregular
  • Lot Features: East/West Exposure, North/South Exposure
  • Lot Size Price Sq Ft: 12.38
  • Lot Sq Ft: 23017.00
  • Lot Sz Sold Prc Sq Ft: 12.16
  • Municipality Zoning: SCC - R-2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 2023

Tax Info

  • Tax Code: 133-01-041
  • Taxes: 137.88
  • Tax Year: 2022
  • Taxes For: Only for Land

MLS Schools

  • Middle School: Coatimundi Middle School
  • Elementary School: Mountain View Elementary
  • High School: Rio Rico High School
  • School District: Santa Cruz Valley United School District #35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
May 17, 2024
Sold by
King Mark Anthony M
Bought by
Bejarano Simon
Seller's Agent
Meliza Silva
RE/MAX Portfolio Homes
Buyer's Agent
Bryan Harris
NextHome Complete Realty (DBA)
List Price
$310,000
Sold Price
$280,000
Premium/Discount to List
-$30,000
-9.68%
Views
82
Current Estimated Value
$286,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,826
Avg. Annual Appreciation
0.62%
Original Mortgage
$280,000
Outstanding Balance
$276,545
Interest Rate
6.82%
Mortgage Type
VA
Estimated Equity
$5,761

Purchase Details

Closed on
Dec 30, 2022
Sold by
Greater Heights Llc
Bought by
King Mark Anthony M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2022
Sold by
Guadalupe Lujan
Bought by
Greater Heights Llc

Purchase Details

Closed on
Mar 13, 2006
Sold by
Arenas Julio O and Arenas Lupe L
Bought by
Lujan Thomas and Lujan Guadalupe
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
Bejarano Simon $280,000 Pioneer Title
King Mark Anthony M -- Pioneer Title
Greater Heights Llc $12,000 Stewart Title & Trust Of Phoen
Lujan Thomas $13,000 Southern Az Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bejarano Simon $280,000
Previous Owner King Mark Anthony M $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $280,000 -1.8% $181 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
03/28/2024 03/28/24 Price Changed $285,000 -3.4% $184 / Sq Ft
11/13/2023 11/13/23 Price Changed $295,000 -4.8% $190 / Sq Ft
09/28/2023 09/28/23 For Sale $310,000 -- $200 / Sq Ft
Source: MLS of Southern Arizona

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 $1,533 $25,668 $1,050 $24,618
2024 $1,533 $15,415 $1,050 $14,365
2023 $141 $1,380 $1,380 $0
2022 $138 $1,230 $1,230 $0
2021 $136 $1,230 $1,230 $0
2020 $129 $1,230 $1,230 $0
2019 $112 $1,080 $1,080 $0
2018 $107 $930 $930 $0
2017 $102 $750 $750 $0
2016 $196 $750 $750 $0
2015 $120 $896 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22321024

MLS of Southern Arizona

APN: 133-01-041