NOT LISTED FOR SALE

2242 Loma Rica Cir Unit 3 Prescott, AZ 86303

Estimated Value: $915,043 - $1,280,000

3 Beds
3 Baths
2,700 Sq Ft
$374/Sq Ft Est. Value

Last Sold November 18, 2019

Last sale price $720,000 $267 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,494/month

19 Days on Market

Highlights

  • Guest House
  • Heated Spa
  • Mountain View
  • Lincoln Elementary School Rated A-
  • RV Access or Parking
  • Wood Flooring

About This Home

As of November 2019

Incredible opportunity to own this BEAUTIFUL 2400 +/- Sq Ft updated Santa Fe tucked into tall pines and boulders, looking up at Thumb Butte and overlooking Hassayampa Village and Golf Course, Bradshaw Mountains, & the National Forest from approximately 6000' elevation, with nearly 3 acres available and a seasonal stream. FIREWISE home in a FIREWISE neighborhood, with all city utilities! There is an extensive, 3-zone automatic irrigation system. This is a single-level - no stairs - home, including 3 Bedrooms, 3 Bathrooms, attached 2-car garage, den/office, plus an oversized detached 2-car garage and guest quarters/efficiency apartment, all powered by a full 12 KW Solar System with a 12 KW Backup Generator. CONTINUE Open/split floor plan, GREAT ROOM concept, gas fireplace w/stone chimney face and hearth, hardwood floors, 2-tone paint, updated lighting, whole-house fan, 3 solar light tubes. French doors and security screen door open to the gated/walled-in courtyard with outdoor kitchen and gas fireplace. Main kitchen has custom white-painted cabinetry, laminate countertops/ and granite bar top, white appliances(inc 2 Fridges), large pantry, and has access to the attached garage and a huge covered wood deck. Master Bedroom is spacious, has single sink, porcelain full tub/tiled shower, lg walk-in closet, & access to private deck w/hot tub in place..... Bed #2 is a wheel-chair accessible second master suite with walk In closet, office, sunroom, recently updated bath w/single sink, shower only, and 18" tile....Bed #3 is an ensuite sharing the guest bath with single sink, shower only, and has access to the garage. The oversized, detached garage with steel roof has a laundry sink, washer/dryer hook up, room for workshop; and there is an attached efficiency apartment/guest quarters with 18" tile flooring, knotty hickory cabinetry, granite countertops, fridge and microwave, breakfast bar, ceiling fan, electric baseboard heat, & bath with tiled shower. Other amenities include energy efficient Insulation Factor, facade steel roof over original roof, newer HVAC systhem with humidifier. RV parking pad w/full hookups, NO HOA, 1600-gallon rain harvesting storage tank, plus lots more! Sale includes adjacent vacant land lot 17

Last Agent to Sell the Property

Paul Schneider

RMA-Mountain Properties License #BR535982000 Listed on: 09/05/2019

RMA-Mountain Properties

Co-Listed By

Geoffrey Hyland, PLLC

eXp Realty License #SA561564000

Last Buyer's Agent

Paul Schneider

RMA-Mountain Properties License #BR535982000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,397

Year Built

  • Built in 1980

Lot Details

  • 1.4 Acre Lot
  • Desert faces the front of the property
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • 5 Open Parking Spaces
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,700 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Mountain Views
  • Unfinished Basement
  • Partial Basement
  • Security System Owned
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Outdoor Features

  • Heated Spa
  • Covered Patio or Porch
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

  • Out Of Maricopa Cnty Elementary And Middle School
  • Out Of Maricopa Cnty High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees, (see remarks)
  • Loma Cantante Unit 3 Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 108-18-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,397

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Legal Info Range: 02W
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 4.5
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1980
  • Tax Year: 2018
  • Directions: AZ-69 N, left to Gurley St, slight left onto Thumb Butte Rd, left on Sherwood Dr,right on Meadowbrook Rd, left on Forest Hills Rd, left on Skyline Dr, right on Forest Hill Rd,right on Loma Rica Circle
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.4
  • Co List Office Mls Id: rmap02
  • Co List Office Phone: 928-775-8888
  • Subdivision Name: LOMA CANTANTE UNIT 3
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Unfinished, Partial
  • Flooring: Carpet, Vinyl, Stone, Tile, Wood
  • Basement YN: Yes
  • Possible Use: Other
  • Spa Features: Heated
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Other, See Remarks, Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 2700.0
  • Stories: 1
  • Window Features: Skylight(s), Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Basement Description:Unfinished2: Yes
  • Basement Description:Partial: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes

Exterior Features

  • Fencing: See Remarks, Other
  • Exterior Features: Other, Built-in Barbecue
  • Lot Features: Corner Lot, Desert Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Other (See Remarks)
  • Construction Type: Stucco, Wood Frame, Block
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Other, Tile, Concrete, Metal, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking, Garage Door Opener, Detached
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.5
  • Parking Features:Detached: Yes
  • Parking Features:Other7: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Utilities: Other
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:No Fees: Yes
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: No Fees, Other (See Remarks)

Schools

  • Elementary School: Out of Maricopa Cnty
  • High School: Out of Maricopa Cnty
  • Middle Or Junior School: Out of Maricopa Cnty

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 60984.0
  • Parcel #: 108-18-017

Building Info

  • Builder Name: -

Tax Info

  • Tax Annual Amount: 2397.0
  • Tax Book Number: 108.00
  • Tax Lot: 16
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Nov 6, 2019
Sold by
Ketcher Neal F and Ketcher Juliane S
Bought by
Andrews Barry and Andrews Docy
Seller's Agent
Paul Schneider
RMA-Mountain Properties
Buyer's Agent
Paul Schneider
RMA-Mountain Properties
List Price
$699,000
Sold Price
$720,000
Premium/Discount to List
$21,000
3%
Current Estimated Value
$1,009,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,011
Avg. Annual Appreciation
5.84%

Purchase Details

Closed on
Jul 7, 2011
Sold by
Colgan Dennis E and Colgan Kay A
Bought by
Ketcher Neal and Ketcher Juliane

Purchase Details

Closed on
May 2, 2008
Sold by
Colgan Dennis E and Colgan Kay A
Bought by
Colgan Dennis E and Colgan Kay A

Purchase Details

Closed on
May 13, 1999
Sold by
Butler Blaine R and Butler Ann N
Bought by
Colgan Dennis E and Colgan Kay A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
7.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 1996
Sold by
Butler Blaine R and Butler Ann N
Bought by
Butler Blaine R and Butler Ann N
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
Andrews Barry $720,000 Pioneer Title Agency
Ketcher Neal $445,000 Yavapai Title Agency Inc
Colgan Dennis E -- None Available
Colgan Dennis E $248,000 Capital Title Agency
Butler Blaine R -- --
Butler Blaine R -- --
Black Marie L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colgan Dennis E $186,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2019 11/18/19 Sold $720,000 +3.0% $267 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $699,000 -- $259 / 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
2026 $2,429 $74,116 -- --
2024 $2,377 $70,077 -- --
2023 $2,377 $59,481 $9,376 $50,105
2022 $2,345 $49,869 $7,497 $42,372
2021 $2,516 $51,721 $7,027 $44,694
2020 $2,988 $0 $0 $0
2019 $2,509 $0 $0 $0
2018 $2,397 $0 $0 $0
2017 $2,310 $0 $0 $0
2016 $2,301 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5974391

Arizona Regional Multiple Listing Service (ARMLS)

APN: 108-18-017