$419,995
SOLD JUL 10, 2025

40503 W Rio Grande Dr Maricopa, AZ 85138

Rancho El Dorado Neighborhood
4 Beds
3 Baths
2,070 Sq Ft
5,814 Sq Ft Lot

Recently Sold

$203 Per Sq Ft

4 Days on Market

Highlights

  • Community Lake
  • 2 Car Direct Access Garage
  • Double Pane Windows
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of July 2025

Structural features include Paver Driveway & Entryway, 9' Ceilings and 8' Interior Doors, Tankless Water Heater, Gas Stub in Kitchen & Back Patio, Soft Water Loop, 8' Garage Door (standard is 7'), Garage Service Door and additional window in Master & Dining Room. Kitchen has upgraded 42'' White Cabinets w/ Hardware, Quartz Countertop, Pendant Light Pre-Wires and SS Appliances. 7''x22'' Plank Tile Flooring in main areas, Carpet in bedrooms, upgraded Baseboards, upgraded Faucets/Lighting in Bathrooms. Ceiling Fan Pre-wires throughout, plus Smart Thermostat, Halo Select Front Door Lock & Garage Door Opener—can be app controlled. Networking Panel w/ hard-wired internet access in every room.

Last Agent to Sell the Property

John Bargnesi

Richmond American Homes License #BR636219000 Listed on: 05/14/2025

Last Buyer's Agent

John Bargnesi

Richmond American Homes License #BR636219000 Listed on: 05/14/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $121

Year Built

  • Built in 2025

Lot Details

  • 5,814 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,070 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 588
  • Assessor Parcel Number 512-45-588

Community Details

Overview

  • Association fees include ground maintenance
  • Lakes At Red Association, Phone Number (480) 422-0888
  • Built by Richmond American
  • Rancho El Dorado Phase III Parcel 52 Subdivision, Slate Floorplan
  • Community Lake

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$121

Year Built

Built in 2025

Lot Details

0

HOA Fees

$79 per month

Parking

2

Listing Details

  • Cross Street: Continental Blvd & Honeycutt Rd
  • 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: 79.0
  • Basement: N
  • Energy Green Feature H E R S Cert Date: 2024-12-31
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2025
  • Tax Year: 2024
  • Directions: See Google maps
  • Master Model: Slate
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: RANCHO EL DORADO PHASE III PARCEL 52
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 79.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Soft Water Loop, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2070.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, 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:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Dirt Back
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Complete Spec Home
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, 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:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Biking/Walking Path
  • Association Fee: 79.0
  • Association Fee Frequency: Monthly
  • Association Name: Trestle Management
  • Phone: 480-422-0888
  • 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: Trestle Management
  • Association Fees:HOA Telephone4: 480-422-0888
  • 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: lakes at RED

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: 5814.0
  • Parcel #: 512-45-588

Building Info

  • Builder Name: Richmond American

Tax Info

  • Tax Annual Amount: 121.0
  • Tax Book Number: 512.00
  • Tax Lot: 588
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2025
Closed on
May 27, 2025
Sold by
Richmond American Homes Of Arizona Inc
Bought by
Williams Joseph Michael and Parkhill Fay Marissa
Seller's Agent
John Bargnesi
Richmond American Homes
Buyer's Agent
John Bargnesi
Richmond American Homes
List Price
$419,995
Sold Price
$419,995
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-38.89%
Original Mortgage
$199,995
Outstanding Balance
$199,659
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$184,710
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $419,995 Fidelity National Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $199,995 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Sold $419,995 0.0% $203 / Sq Ft
05/18/2025 05/18/25 Pending -- -- --
05/14/2025 05/14/25 For Sale $419,995 -- $203 / 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 $121 -- -- --
2024 $120 -- -- --
2023 $123 $2,001 $2,001 $0
2022 $120 $1,500 $1,500 $0
2021 $122 $1,120 $0 $0
2020 $117 $560 $0 $0
2019 $114 $560 $0 $0
2018 $114 $560 $0 $0
2017 $111 $560 $0 $0
2016 $102 $560 $560 $0
2014 -- $448 $448 $0
Source: Public Records

Agents Affiliated with this Home

  • John Bargnesi

    Seller's Agent in 2025

    John Bargnesi

    Richmond American Homes

    (602) 318-9041

    110 in this area

    1,637 Total Sales

    John Bargnesi
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6866074

Arizona Regional Multiple Listing Service (ARMLS)

APN: 512-45-588

Arizona Pinal County Maricopa 85138 Rancho El Dorado

40503 W Rio Grande Dr, Maricopa, AZ

This home is located at 40503 W Rio Grande Dr, Maricopa, AZ 85138 and is currently priced at $419,995, approximately $202 per square foot. This property was built in 2025. 40503 W Rio Grande 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

Nearby Homes