NOT LISTED FOR SALE

Estimated Value: $302,000 - $340,279

3 Beds
2 Baths
1,465 Sq Ft
$222/Sq Ft Est. Value

Last Sold December 19, 2023

Last sale price $354,790 $242 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,009/month

215 Days on Market

Highlights

  • Community Lake
  • Cooling Available
  • ENERGY STAR Qualified Equipment
  • Dual Vanity Sinks in Primary Bathroom
  • ENERGY STAR Qualified Appliances
  • Under Construction

About This Home

As of December 2023

Brand new, energy-efficient home available by Aug 2023! The Olive's open concept living space makes it ideal for entertaining. White cabinets with white granite countertops, modern gray tile flooring with greyish brown carpet in our Distinct package. Move in now at Villas at The Lakes at Rancho El Dorado. Make the most of Maricopa's small town community feel and easy access to local hubs, with all the resources of metro Phoenix only a short drive away. This masterplan community features a central lake amenity and a community park. We also build each home with innovative, energy-efficient features that cut down on utility bills so you can afford to do more living. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health.

Last Agent to Sell the Property

Joseph Elberts

Meritage Homes of Arizona, Inc License #BR549667000 Listed on: 04/04/2023

Last Buyer's Agent

Pedram Elahi

LPT Realty, LLC License #SA697842000

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,063

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 5,400 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1,465 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Schools

  • Santa Rosa Elementary School
  • Desert Wind Middle School
  • Maricopa High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Association fees include ground maintenance
  • Rancho El Dorado HOA, Phone Number (480) 448-4728
  • Built by Meritage Homes
  • The Lakes At Rancho El Dorado Subdivision, Olive Floorplan
  • Community Lake

Listing and Financial Details

  • Tax Lot 0138
  • Assessor Parcel Number 512-50-557

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,063

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Cross Street: Smith Enke Rd and Chase Dr
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 70.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2023
  • Tax Year: 2021
  • Directions: Smith Enke Rd and Hwy 347. Left on W Smith Enke Rd, Left on Chase Dr, Right on Powers Pkwy, right on N Chase Dr, right on W Sunland Dr.
  • Master Model: Olive
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: The Lakes at Rancho El Dorado
  • New Construction: No
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 70.0
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: NewHome

Interior Features

  • Basement YN: No
  • Possible Use: Other, None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity
  • Living Area: 1465.0
  • Stories: 1
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Dirt Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Other
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Engy Star (See Rmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 70.0
  • Association Fee Frequency: Monthly
  • Association Name: Rancho El Dorado HOA
  • Phone: 480-448-4728
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Rancho El Dorado HOA
  • Association Fees:HOA Telephone4: 480-448-4728
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Santa Rosa Elementary School
  • High School: Maricopa High School
  • Junior High Dist: Maricopa Unified School District
  • Middle Or Junior School: Desert Wind Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5400.0
  • Parcel #: 512-50-557

Building Info

  • Builder Name: Meritage Homes

Tax Info

  • Tax Book Number: 512.00
  • Tax Lot: 0138
  • Tax Map Number: 50.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
Dec 19, 2023
Sold by
Meritage Homes Of Arizona Inc
Bought by
Garcia Anthony J and Mcclary Paytience N
Seller's Agent
Joseph Elberts
Meritage Homes of Arizona, Inc
Buyer's Agent
Pedram Elahi
LPT Realty, LLC
List Price
$346,790
Sold Price
$354,790
Premium/Discount to List
$8,000
2.31%
Views
155
Current Estimated Value
$324,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,970
Avg. Annual Appreciation
-5.06%
Original Mortgage
$348,363
Outstanding Balance
$343,419
Interest Rate
7.76%
Mortgage Type
FHA
Estimated Equity
-$18,599
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
Garcia Anthony J $354,790 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Anthony J $348,363
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2023 12/19/23 Sold $354,790 0.0% $242 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $354,790 +0.9% $242 / Sq Ft
10/05/2023 10/05/23 Price Changed $351,790 +1.4% $240 / Sq Ft
10/02/2023 10/02/23 For Sale $346,790 0.0% $237 / Sq Ft
09/29/2023 09/29/23 Off Market $346,790 -- --
08/25/2023 08/25/23 Price Changed $346,790 -2.8% $237 / Sq Ft
08/03/2023 08/03/23 Price Changed $356,790 +0.8% $244 / Sq Ft
06/27/2023 06/27/23 Price Changed $353,790 +0.3% $241 / Sq Ft
06/26/2023 06/26/23 Price Changed $352,790 +1.4% $241 / Sq Ft
06/14/2023 06/14/23 Price Changed $347,790 +0.3% $237 / Sq Ft
06/13/2023 06/13/23 Price Changed $346,790 +1.5% $237 / Sq Ft
06/06/2023 06/06/23 Price Changed $341,790 +0.9% $233 / Sq Ft
05/02/2023 05/02/23 Price Changed $338,790 +1.5% $231 / Sq Ft
04/18/2023 04/18/23 Price Changed $333,790 +0.9% $228 / Sq Ft
04/04/2023 04/04/23 For Sale $330,790 -- $226 / 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 $2,063 $29,043 -- --
2024 $1,351 -- -- --
2023 $1,351 $10,598 $10,598 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6539871

Arizona Regional Multiple Listing Service (ARMLS)

APN: 512-50-557