NOT LISTED FOR SALE

40525 W Bravo Dr Maricopa, AZ 85138

Rancho El Dorado Neighborhood

Estimated Value: $399,000 - $450,000

4 Beds
3 Baths
1,971 Sq Ft
$214/Sq Ft Est. Value

Last Sold January 26, 2023

Last sale price $429,990 $218 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,466/month

52 Days on Market

Highlights

  • Waterfront
  • Vaulted Ceiling
  • Private Yard
  • Community Lake
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of January 2023

Here's your opportunity to own a brand new home, without the long wait!!! This popular Quick Move-In Home will be ready in Early 2023! This home features 4 total bedrooms plus a Den/Home office, open great room and dining area. Did I mention this home is on the WATER!! Perfect for relaxing after a long day. Ask about our incentives with the use of K. Hovnanian American Mortgage!

Last Agent to Sell the Property

Chad Fuller

K. Hovnanian Great Western Homes, LLC License #BR586112000 Listed on: 10/21/2022

K. Hovnanian Great Western Homes, LLC

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $118

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 8,127 Sq Ft Lot
  • Waterfront
  • Desert faces the front of the property
  • Partially Fenced Property
  • Block Wall Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

Parking

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

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,971 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Tinted Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • 220 Volts In Laundry

Schools

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

Utilities

  • Refrigerated Cooling System
  • 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 19
  • Assessor Parcel Number 512-50-206

Community Details

Overview

  • Property has a Home Owners Association
  • Rancho El Dorado III Association, Phone Number (480) 551-4300
  • Built by K HOVNANIAN HOMES
  • The Lakes At Rancho El Dorado Subdivision, Parade II Floorplan
  • FHA/VA Approved Complex
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$118

Year Built

Built in 2022 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Smith-Enke Road and Chase Drive
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 67.0
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2022
  • Tax Year: 2022
  • Master Model: PARADE II
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.19
  • Subdivision Name: The Lakes at Rancho El Dorado
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 67.0
  • Windows:Dual Pane: Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Laundry:_two_20 V Dryer Hookup: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1971.0
  • Stories: 1
  • Window Features: Vinyl Frame, Double Pane Windows, Low Emissivity Windows, Tinted Windows
  • ResoLivingAreaSource: Builder
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block, Partial
  • Exterior Features: Covered Patio(s), Patio, Private Yard
  • Lot Features: Sprinklers In Front, Desert Front, Dirt Back, Gravel/Stone Front, Auto Timer H2O Front
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Agency Discl Req
  • Home Warranty: Yes
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Under Construction
  • 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:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Over Height Garage: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Engy Star (See Rmks), 220 V Dryer Hookup, Dryer Included, Inside, Washer Included
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Playground, Biking/Walking Path
  • Amenities: Management, VA Approved Prjct
  • 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:HOA Telephone4: 4805514300
  • 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

Schools

  • Elementary School: Santa Cruz Elementary School
  • High School: Maricopa High School
  • Middle Or Junior School: Desert Wind Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8127.0
  • Parcel #: 512-50-206
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: K HOVNANIAN HOMES

Tax Info

  • Tax Annual Amount: 118.0
  • Tax Book Number: 512.00
  • Tax Lot: 19
  • Tax Map Number: 50.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Jan 26, 2023
Sold by
K Hovnanian At Rancho El Dorado Llc
Bought by
Bates Mackenzie Rhen and Dietz Ross Anthony
Seller's Agent
Chad Fuller
K. Hovnanian Great Western Homes, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$483,898
Sold Price
$429,990
Premium/Discount to List
-$53,908
-11.14%
Views
21
Current Estimated Value
$422,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,748
Avg. Annual Appreciation
-0.54%
Original Mortgage
$422,160
Outstanding Balance
$409,237
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$14,723
Source: Public Records

Range of Values:

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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
Bates Mackenzie Rhen $429,990 Eastern National Title
K Hovnanian At Rancho El Dorado Llc -- Eastern National Title
K Hovnanian Arizona Operations Llc -- Eastern National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K Hovnanian At Rancho El Dorado Llc $422,160
Closed Bates Mackenzie Rhen $422,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2023 01/26/23 Sold $429,990 +3.6% $218 / Sq Ft
12/12/2022 12/12/22 Pending -- -- --
11/30/2022 11/30/22 Price Changed $414,990 -11.5% $211 / Sq Ft
10/29/2022 10/29/22 Price Changed $468,898 -3.1% $238 / Sq Ft
10/21/2022 10/21/22 For Sale $483,898 -- $246 / 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 $2,586 $35,482 -- --
2024 $886 -- -- --
2023 $886 $12,496 $12,496 $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

    939 Total Sales

    Chad Fuller
    Section Image

  • N

    Buyer's Agent in 2023

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6480150

Arizona Regional Multiple Listing Service (ARMLS)

APN: 512-50-206

Arizona Pinal County Maricopa 85138 Rancho El Dorado

40525 W Bravo Dr, Maricopa, AZ

This home is located at 40525 W Bravo Dr, Maricopa, AZ 85138 since 21 October 2022 and is currently estimated at $422,242, approximately $214 per square foot. This property was built in 2022. 40525 W Bravo 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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