NOT LISTED FOR SALE

40125 W Rio Lobo Dr Maricopa, AZ 85138

Rancho El Dorado Neighborhood

Estimated Value: $322,000 - $343,000

4 Beds
2 Baths
1,572 Sq Ft
$211/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $342,570 $218 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,982/month

146 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 March 2023

Brand NEW energy-efficient home ready November 2022! Escape to the private primary suite of the Bennett to relax after a long day. White cabinets with hardware, cream/black granite countertops, travertine-look tile flooring and warm grey carpet in our Crisp package. 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

Joseph Elberts

Meritage Homes of Arizona, Inc License #BR549667000 Listed on: 09/14/2022

Last Buyer's Agent

Evangelina Madrigal

Keller Williams Integrity First License #SA582764000

Keller Williams Integrity First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,019

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

  • 1,572 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Appliances

Bedrooms and Bathrooms

  • 4 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, Bennett Floorplan
  • Community Lake

Listing and Financial Details

  • Tax Lot 0075
  • Assessor Parcel Number 512-50-494

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,019

Year Built

Built in 2022 | 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: 2022
  • Tax Year: 2021
  • Master Model: Bennett
  • 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
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 70.0
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Possible Use: Other, None
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity
  • Living Area: 1572.0
  • Stories: 1
  • ResoLivingAreaSource: Builder
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • 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
  • Amenities: None
  • 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: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 #: 512-50-494
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Meritage Homes

Tax Info

  • Tax Book Number: 512.00
  • Tax Lot: 0075
  • Tax Map Number: 50.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Mar 23, 2023
Sold by
Meritage Homes Of Arizona Inc
Bought by
Jorgensen Ryan M
Seller's Agent
Joseph Elberts
Meritage Homes of Arizona, Inc
Buyer's Agent
Evangelina Madrigal
Keller Williams Integrity First
List Price
$376,090
Sold Price
$342,570
Premium/Discount to List
-$33,520
-8.91%
Views
112
Current Estimated Value
$331,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,083
Avg. Annual Appreciation
-1.26%
Original Mortgage
$332,292
Outstanding Balance
$321,841
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$9,646
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
Jorgensen Ryan M $342,570 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jorgensen Ryan M $332,292
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2023 03/23/23 Sold $342,570 +1.0% $218 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
01/31/2023 01/31/23 Price Changed $339,090 +0.9% $216 / Sq Ft
01/03/2023 01/03/23 Price Changed $336,090 -4.0% $214 / Sq Ft
10/05/2022 10/05/22 Price Changed $349,990 -4.4% $223 / Sq Ft
09/30/2022 09/30/22 Price Changed $366,090 -12.0% $233 / Sq Ft
09/29/2022 09/29/22 Price Changed $416,090 +10.6% $265 / Sq Ft
09/14/2022 09/14/22 For Sale $376,090 -- $239 / 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 $2,019 $28,402 -- --
2024 $1,144 $32,981 -- --
2023 $1,144 $8,970 $8,970 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Joseph Elberts

    Meritage Homes of Arizona, Inc

    (480) 515-8100

    406 in this area

    3,931 Total Sales

    Joseph Elberts
    Section Image
  • Evangelina Madrigal

    Buyer's Agent in 2023

    Evangelina Madrigal

    Keller Williams Integrity First

    (480) 294-4708

    2 in this area

    116 Total Sales

    Evangelina Madrigal
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6463517

Arizona Regional Multiple Listing Service (ARMLS)

APN: 512-50-494

Arizona Pinal County Maricopa 85138 Rancho El Dorado

40125 W Rio Lobo Dr, Maricopa, AZ

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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