40005 W Rio Lobo Dr Maricopa, AZ 85138
Rancho El Dorado Neighborhood
3
Beds
2
Baths
1,465
Sq Ft
5,400
Sq Ft Lot
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 June 2025Brand NEW energy-efficient home ready September 2022! The Olive's open concept living space makes it ideal for entertaining. The useful kitchen island offers ample prep space and informal seating. The private primary suite boasts dual sinks and an expansive walk-in closet. The Lakes at Rancho El Dorado is a community of new, incredibly energy efficient homes just a few miles from Interstate 10 located in the town of Maricopa. Known for their energy-efficient features, our homes help you live a healthier and quieter lifestyle while saving you thousands of dollars on utility bills.
Last Agent to Sell the Property
Meritage Homes of Arizona, Inc License #BR549667000 Listed on: 08/29/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,952
Year Built
- Built in 2022 | 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 0084
- Assessor Parcel Number 512-50-503
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2025
Closed on
May 26, 2025
Sold by
Teets Philip J and Thompson Yvonne G
Bought by
Rodriguez Charmaine Tesoro
Seller's Agent
Shelley Mazzaferro
Realty ONE Group
Buyer's Agent
Marybel Acosta
Keller Williams Legacy One
List Price
$339,000
Sold Price
$317,000
Premium/Discount to List
-$22,000
-6.49%
Views
51
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%
Original Mortgage
$311,258
Outstanding Balance
$311,258
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$7,306
Purchase Details
Closed on
Dec 23, 2023
Sold by
Thompson Yvonne G
Bought by
Teets Philip J and Thompson Yvonne G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 29, 2022
Closed on
Mar 3, 2023
Sold by
Meritage Homes Of Arizona Inc
Bought by
Thompson Yvonne G
Seller's Agent
Joseph Elberts
Meritage Homes of Arizona, Inc
Buyer's Agent
Shelley Mazzaferro
Realty ONE Group
List Price
$346,990
Sold Price
$306,990
Premium/Discount to List
-$40,000
-11.53%
Views
117
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.54%
Original Mortgage
$226,990
Interest Rate
6.15%
Similar Homes in Maricopa, AZ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $317,000 | Driggs Title Agency | |
| Warranty Deed | -- | None Listed On Document | |
| Special Warranty Deed | $306,990 | Carefree Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $311,258 | FHA | |
| Previous Owner | $10,000 | New Conventional | |
| Previous Owner | $226,990 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | Sold | $317,000 | 0.0% | $216 / Sq Ft |
| 04/22/2025 04/22/25 | Pending | -- | -- | -- |
| 04/16/2025 04/16/25 | Price Changed | $317,000 | -2.5% | $216 / Sq Ft |
| 04/08/2025 04/08/25 | Price Changed | $325,000 | -3.0% | $222 / Sq Ft |
| 03/31/2025 03/31/25 | Price Changed | $335,000 | -1.2% | $228 / Sq Ft |
| 03/10/2025 03/10/25 | For Sale | $339,000 | +10.4% | $231 / Sq Ft |
| 03/03/2023 03/03/23 | Sold | $306,990 | 0.0% | $210 / Sq Ft |
| 01/16/2023 01/16/23 | Pending | -- | -- | -- |
| 01/03/2023 01/03/23 | Price Changed | $306,990 | -5.5% | $210 / Sq Ft |
| 10/05/2022 10/05/22 | Price Changed | $324,990 | -3.6% | $222 / Sq Ft |
| 09/30/2022 09/30/22 | Price Changed | $336,990 | -12.9% | $230 / Sq Ft |
| 09/29/2022 09/29/22 | Price Changed | $386,990 | +11.5% | $264 / Sq Ft |
| 08/29/2022 08/29/22 | For Sale | $346,990 | -- | $237 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,952 | $27,400 | -- | -- |
| 2024 | $1,144 | $31,874 | -- | -- |
| 2023 | $1,144 | $8,970 | $8,970 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Shelley Mazzaferro
Realty One Group
(480) 292-4250
2 in this area
79 Total Sales
-
M
Buyer's Agent in 2025
Marybel Acosta
Keller Williams Legacy One
(520) 836-9301
1 in this area
72 Total Sales
-
J
Seller's Agent in 2023
Joseph Elberts
Meritage Homes of Arizona, Inc
(480) 515-8100
402 in this area
3,770 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6456538
APN: 512-50-503
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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