NOT LISTED FOR SALE

40371 W Michaels Dr Maricopa, AZ 85138

Rancho El Dorado Neighborhood

Estimated Value: $342,000 - $530,000

5 Beds
3 Baths
3,000 Sq Ft
$153/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $490,000 $163 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,516/month

68 Days on Market

Highlights

  • Community Lake
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Corner Lot
  • 3 Car Direct Access Garage
  • Double Pane Windows

About This Home

As of July 2024

The main floor of the Yorktown was designed for entertaining, offering an expansive great room and an open dining room overlooking a covered patio and backyard. A gourmet kitchen with a large center island, built in wall microwave/oven combination, gas cooktop, and walk-in pantry awaits the inner chef. Enjoy Arizona sunsets in the morning room surrounded by windows, right off the kitchen. The 3-car garage leads to a convenient mudroom with walk-in closet, a full bath, and a bedroom perfect for overnight guests. On the second floor, there's an immense loft surrounded by three bedrooms(one includes a walk-in closet!), a shared bath, a large laundry room and an owner's suite with a deluxe bath including a separate soaking tub and shower and spacious walk-in closet.

Last Agent to Sell the Property

John Bargnesi

Richmond American Homes License #BR636219000 Listed on: 04/24/2024

Last Buyer's Agent

Richard Mbatang

Keller Williams, Professional Partners License #SA704741000

Keller Williams, Professional Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $121

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 6,602 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Cellulose Insulation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 1605
  • Assessor Parcel Number 512-46-506

Community Details

Overview

  • Association fees include ground maintenance
  • Aam Association, Phone Number (602) 957-9191
  • Built by Richmond American
  • Rancho El Dorado Phase III Parcel 54 Subdivision, Yorktown Floorplan
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$121

Year Built

Built in 2024 | Under Construction

Lot Details

0

HOA Fees

$80 per month

Parking

3

Listing Details

  • Cross Street: Smith Enke & Parker
  • Legal Info Range: 03E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 80.4
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2024
  • Tax Year: 2023
  • Directions: From I-10: take SR-347 South to Maricopa. Once in Maricopa - Head East on Smith-Enke Rd.
  • Master Model: Yorktown
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: RANCHO EL DORADO PHASE III PARCEL 54
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 80.4
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Kitchen Island, Full Bth Master Bdrm
  • Living Area: 3000.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows, Vinyl Frame
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Desert Front, Dirt Back, Auto Timer H2O Front, Irrigation Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Blown Cellulose, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Construction:Blown Cellulose: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: ENERGY STAR Qualified Equipment, Natural Gas
  • Laundry Features: Engy Star (See Rmks), Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Lake, Playground, Biking/Walking Path
  • Association Fee: 80.4
  • Association Fee Frequency: Monthly
  • Association Name: Lakes at RED HOA
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lakes at RED HOA
  • Association Fees:HOA Telephone4: 602-957-9191
  • 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
  • Association Fees:HOA Management Company: AAM

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: 6602.0
  • Parcel #: 512-46-506

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Richmond American

Tax Info

  • Tax Annual Amount: 121.0
  • Tax Book Number: 512.00
  • Tax Lot: 1605
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jul 31, 2024
Sold by
Richmond American Homes Of Arizona Inc
Bought by
Tayo Donatien
Seller's Agent
John Bargnesi
Richmond American Homes
Buyer's Agent
Richard Mbatang
Keller Williams, Professional Partners
List Price
$535,995
Sold Price
$490,000
Premium/Discount to List
-$45,995
-8.58%
Views
13
Current Estimated Value
$458,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,076
Avg. Annual Appreciation
-5.36%
Original Mortgage
$481,124
Outstanding Balance
$475,680
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
-$16,756
Source: Public Records

Range of Values:

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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
Tayo Donatien $490,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tayo Donatien $481,124
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $490,000 -1.0% $163 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/13/2024 06/13/24 Price Changed $494,995 -1.0% $165 / Sq Ft
05/30/2024 05/30/24 Price Changed $499,995 -6.7% $167 / Sq Ft
04/24/2024 04/24/24 For Sale $535,995 -- $179 / 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 $120 -- -- --
2024 $118 -- -- --
2023 $121 $1,500 $1,500 $0
2022 $118 $1,500 $1,500 $0
2021 $120 $1,120 $0 $0
2020 $115 $560 $0 $0
2019 $112 $560 $0 $0
2018 $113 $560 $0 $0
2017 $110 $560 $0 $0
2016 $101 $560 $560 $0
2014 -- $448 $448 $0
Source: Public Records

Agents Affiliated with this Home

  • John Bargnesi

    Seller's Agent in 2024

    John Bargnesi

    Richmond American Homes

    (602) 318-9041

    110 in this area

    1,670 Total Sales

    John Bargnesi
    Section Image

  • R

    Buyer's Agent in 2024

    Richard Mbatang

    Keller Williams, Professional Partners

    (575) 650-7354

    2 in this area

    7 Total Sales

    Richard Mbatang
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6695967

Arizona Regional Multiple Listing Service (ARMLS)

APN: 512-46-506

Arizona Pinal County Maricopa 85138 Rancho El Dorado

40371 W Michaels Dr, Maricopa, AZ

This home is located at 40371 W Michaels Dr, Maricopa, AZ 85138 since 24 April 2024 and is currently estimated at $458,924, approximately $152 per square foot. This property was built in 2024. 40371 W Michaels Dr is a home located in Pinal County with nearby schools including Santa Rosa Elementary School, Maricopa High School, and Desert Wind Middle School.

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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