NOT LISTED FOR SALE

40380 W Bravo Dr Maricopa, AZ 85138

Rancho El Dorado Neighborhood

Estimated Value: $369,000 - $396,000

4 Beds
2 Baths
1,808 Sq Ft
$211/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $370,000 $205 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,273/month

540 Days on Market

Highlights

  • Community Lake
  • Private Yard
  • 2 Car Direct Access Garage
  • Santa Barbara Architecture
  • Covered Patio or Porch
  • Oversized Parking

About This Home

As of October 2023

Brand new home, Ready for Immediate Move-in! This home offers 42'' white cabinetry, upgraded tile flooring, beautiful kitchen backsplash and two-tone paint throughout. This home is one of our most popular floorplans, the Inspiration, with 4 bedrooms and 2 bathrooms gives you plenty of room to spread out. This home offers lake access just around the corner. The Lakes is the perfect location with easy access to schools and all community amenities.
All prices subject to change, picture are virtually staged..

Last Agent to Sell the Property

Chad Fuller

K. Hovnanian Great Western Homes, LLC License #BR586112000 Listed on: 03/16/2022

K. Hovnanian Great Western Homes, LLC

Last Buyer's Agent

Aartie Aiyer

Aartie Aiyer Realty LLC License #BR560106000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $158

Year Built

  • Built in 2022

Lot Details

  • 6,298 Sq Ft Lot
  • Block Wall Fence
  • Backyard Sprinklers
  • Private Yard

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Garage ceiling height seven feet or more

Home Design

  • Santa Barbara Architecture
  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,808 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Tinted Windows
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 38
  • Assessor Parcel Number 512-50-225

Community Details

Overview

  • Association fees include ground maintenance
  • Rancho El Dorado III Association, Phone Number (480) 551-4300
  • Built by K HOVNANIAN HOMES
  • The Lakes At Rancho El Dorado Subdivision, Inspiration Floorplan
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$158

Year Built

Built in 2022

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Cross Street: Smith-Enke Road and Chase Drive
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 67.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2022
  • Tax Year: 2022
  • Master Model: INSPIRATION
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: The Lakes at Rancho El Dorado
  • Architectural Style: Santa Barbara/Tuscan
  • New Construction: No
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 67.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Soft Water Loop, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1808.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, Tinted Windows, Vinyl Frame
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Sprinklers In Rear, Dirt Back, Gravel/Stone Front
  • Pool Features: None
  • Disclosures: None
  • Home Warranty: Yes
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Complete Spec Home
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Extended Length Garage, Direct Access, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake, Playground, Biking/Walking Path
  • Association Fee: 67.0
  • Association Fee Frequency: Monthly
  • Association Name: Rancho El Dorado III
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 80.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Rancho El Dorado III
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 201.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Santa Cruz 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: 6298.0
  • Parcel #: 512-50-225

Building Info

  • Builder Name: K HOVNANIAN HOMES

Tax Info

  • Tax Annual Amount: 158.0
  • Tax Book Number: 512.00
  • Tax Lot: 38
  • Tax Map Number: 50.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
Oct 6, 2023
Sold by
K Hovnanian At Rancho El Dorado Llc
Bought by
Kapoor Shivam and Coonts Andrew
Seller's Agent
Chad Fuller
K. Hovnanian Great Western Homes, LLC
Buyer's Agent
Aartie Aiyer
Aartie Aiyer Realty LLC
List Price
$374,990
Sold Price
$370,000
Premium/Discount to List
-$4,990
-1.33%
Views
208
Current Estimated Value
$380,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,705
Avg. Annual Appreciation
1.39%
Original Mortgage
$296,000
Outstanding Balance
$290,299
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$90,406
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
Kapoor Shivam $370,000 Eastern National Title Agency
K Hovnanian At Rancho El Dorado Llc -- Eastern National Title Agency
K Hovnanian Arizona Operations Llc -- Eastern National Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kapoor Shivam $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2023 10/06/23 Sold $370,000 -1.3% $205 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $374,990 0.0% $207 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
06/15/2023 06/15/23 Price Changed $374,990 -1.3% $207 / Sq Ft
05/10/2023 05/10/23 Price Changed $379,990 -2.6% $210 / Sq Ft
05/03/2023 05/03/23 Price Changed $389,990 -2.5% $216 / Sq Ft
04/18/2023 04/18/23 Price Changed $399,990 +6.7% $221 / Sq Ft
02/10/2023 02/10/23 Price Changed $374,990 -1.3% $207 / Sq Ft
12/27/2022 12/27/22 Price Changed $379,990 -2.6% $210 / Sq Ft
11/30/2022 11/30/22 Price Changed $389,990 -2.5% $216 / Sq Ft
10/29/2022 10/29/22 Price Changed $399,990 -9.1% $221 / Sq Ft
10/06/2022 10/06/22 For Sale $439,990 +18.9% $243 / Sq Ft
10/01/2022 10/01/22 Off Market $370,000 -- --
08/08/2022 08/08/22 Price Changed $439,990 -3.0% $243 / Sq Ft
06/23/2022 06/23/22 Price Changed $453,573 0.0% $251 / Sq Ft
05/01/2022 05/01/22 Price Changed $453,353 +0.4% $251 / Sq Ft
03/29/2022 03/29/22 Price Changed $451,353 +0.7% $250 / Sq Ft
03/16/2022 03/16/22 For Sale $448,353 -- $248 / 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 $2,452 $33,540 -- --
2024 $871 $38,910 -- --
2023 $871 $12,281 $12,281 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Fuller

    Seller's Agent in 2023

    Chad Fuller

    K. Hovnanian Great Western Homes, LLC

    (405) 250-7767

    68 in this area

    985 Total Sales

    Chad Fuller
    Section Image
  • Aartie Aiyer

    Buyer's Agent in 2023

    Aartie Aiyer

    Aartie Aiyer Realty LLC

    (480) 242-8573

    1 in this area

    119 Total Sales

    Aartie Aiyer
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6370052

Arizona Regional Multiple Listing Service (ARMLS)

APN: 512-50-225

Arizona Pinal County Maricopa 85138 Rancho El Dorado

40380 W Bravo 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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