NOT LISTED FOR SALE

5506 W Lazy Farm Dr Tucson, AZ 85742

Estimated Value: $484,307 - $546,000

3 Beds
2 Baths
2,090 Sq Ft
$248/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $492,000 $235 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,869/month

211 Days on Market

Highlights

  • Under Construction
  • Ranch Style House
  • Granite Countertops
  • Gated Community
  • Great Room
  • Covered patio or porch

About This Home

As of September 2022

Brand NEW energy-efficient home ready August 2022! Exterior stone, double doors at den. Modern Rustic Package. Sip your morning coffee on the tranquil covered back patio. Inside, entertain with ease in the open-concept living area. The primary suite in this spacious single-story plan boasts dual sinks and a walk-in closet. Surrounded by beautiful desert scenery, this master-planned community offers an inspired collection of all single-story floorplans with incredible included features, designer details, and an array of personalization options to bring your vision to life. 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

Susan Hansen

MTH Realty LLC Listed on: 01/11/2022

Last Buyer's Agent

Non- Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,315

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 55x127
  • Block Wall Fence
  • Front Yard
  • Property is zoned Marana - R144

HOA Fees

  • $81 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 2,090 Sq Ft Home
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Great Room
  • Gas Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Accessible Home Design

  • Doors with lever handles
  • No Interior Steps

Outdoor Features

  • Covered patio or porch

Schools

  • Degrazia Elementary School
  • Tortolita Middle School
  • Mountain View High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include gated community
  • $163 HOA Transfer Fee
  • Twin Peaks East Comm Association, Phone Number (520) 400-5000
  • Built by Meritage Homes
  • Twin Peaks And Lambert Lane Subdivision, Cooper Floorplan

Recreation

  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,315

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$81 per month

Listing Details

  • Property Type: Residential
  • Dwelling Type: Single Family Residence
  • Style: Ranch
  • Technology: Cable TV
  • Accessibility Options: Door Levers
  • Builder Name: Meritage Homes
  • Construction Phase: Under Construction
  • Legal Description: SF 0006 Plan 2090F
  • Building Stories: One
  • List Price per Sq Ft: 239.23
  • Building New Construction: New Construction
  • New Construction Date Complete: 2022-08-12
  • Builder Site Phone: 520-686-5755
  • Subdivision Restrict C C And Rs: Yes
  • Additional Bathroom Features: Double Vanity, Exhaust Fan, Shower & Tub
  • Income Property Current Use: Owner Occupied
  • Kitchen Features Number Of Ovens: 1
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: ENERGY STAR Qualified Windows, Low Emissivity Windows, Walk In Closet(s)
  • Fireplace: None
  • Fireplace Location: None
  • Window Coverings: None
  • Floor Covering: Carpet, Ceramic Tile
  • Bedrooms: 3
  • Master Bathroom Features: Double Vanity, Exhaust Fan
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Has Basement: No
  • Dining Areas: Breakfast Nook
  • Kitchen Features Appliance Color: Stainless
  • Kitchen Features Countertops: Granite
  • Kitchen Features Pantry: Walk-In
  • Living Areas: Great Room
  • Laundry: Gas Dryer Hookup
  • Extra Room: None
  • Combined Sq Ft: 2090.00
  • Interior Steps YN: N
  • Kitchen Features: Dishwasher, Gas Oven, Gas Range, Island, Microwave
  • Main House Sq Ft: 2090.00
  • Source Of Sq Ft: Builder

Exterior Features

  • Construction: Wood Frame
  • Construction Status: New Construction
  • Driveway Paved: Concrete
  • ExteriorFeatures: None
  • F E M A Flood Zone: No
  • Fence: Block
  • Guest Facilities: None
  • Landscape Front: Low Care
  • Landscape Rear: None
  • Patio Deck: Covered
  • Pool: None
  • Pool Conventional: No
  • Road Maintenance: HOA
  • Roof: Tile
  • Spa: None
  • View: Residential
  • Model Name 2: Cooper

Garage/Parking

  • Garage Carport Feat: Electric Door Opener
  • Number Of Covered Prkng: 2.00
  • Number Of Garage Spaces: 2.00
  • Rv Parking: None

Utilities

  • Water: City
  • Water Heater: Natural Gas
  • Electric Electric Company: Trico
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air
  • Main Heating: Forced Air
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Association Amenities: Park
  • Association Fees Include: Gated Community
  • HOA: Yes
  • Monthly HOA Fee: 81.00
  • HOA Name: Twin Peaks East Comm
  • HOA Payment Frequency: Monthly
  • HOA Telephone: 520-400-5000
  • HOA Transfer Fee: 163.00
  • Neighborhood Feature: Gated, Sidewalks

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No

Schools

  • School District: Marana
  • Elementary School: Degrazia
  • Middle School: Tortolita
  • High School: Mountain View

Lot Info

  • Property Group ID: 19990816212109142258000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.11
  • Lot Dimensions: 55x127
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 71.43
  • Lot Sq Ft: 7000.00
  • Lot Sz Sold Prc Sq Ft: 70.29
  • Municipality Zoning: Marana - R144
  • Municipal Flood Zone: No

Building Info

  • Year Built: 2022

Tax Info

  • Tax Code: 216-23-0950
  • Taxes: 6315.00
  • Tax Year: 2021

MLS Schools

  • Middle School: Tortolita
  • Elementary School: Degrazia
  • High School: Mountain View
  • School District: Marana

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2022
Closed on
Sep 22, 2022
Sold by
Meritage Homes Of Arizona Inc
Bought by
Jones Casey A and Jones Dorene
Seller's Agent
Susan Hansen
MTH Realty LLC
Buyer's Agent
Non- Member
Non-Member Office
List Price
$510,610
Sold Price
$492,000
Premium/Discount to List
-$18,610
-3.64%
Total Days on Market
211
Current Estimated Value
$518,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,327
Avg. Annual Appreciation
2.27%
Original Mortgage
$393,600
Outstanding Balance
$382,141
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$140,545

Purchase Details

Listed on
Jan 11, 2022
Closed on
Sep 12, 2022
Sold by
Trust No 202057-S
Bought by
Meritage Homes Of Arizona Inc
Seller's Agent
Susan Hansen
MTH Realty LLC
Buyer's Agent
Non- Member
Non-Member Office
List Price
$510,610
Sold Price
$492,000
Premium/Discount to List
-$18,610
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,600
Outstanding Balance
$382,141
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$140,545
Source: Public Records

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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
Jones Casey A $492,000 Carefree Title Agency Inc
Meritage Homes Of Arizona Inc -- Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Casey A $393,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $492,000 -1.6% $235 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
06/30/2022 06/30/22 Price Changed $499,999 -3.4% $239 / Sq Ft
06/15/2022 06/15/22 Price Changed $517,610 +0.4% $248 / Sq Ft
05/10/2022 05/10/22 Price Changed $515,610 +1.0% $247 / Sq Ft
04/05/2022 04/05/22 For Sale $510,610 +3.8% $244 / Sq Ft
03/02/2022 03/02/22 Off Market $492,000 -- --
03/01/2022 03/01/22 Price Changed $500,610 +0.3% $240 / Sq Ft
02/23/2022 02/23/22 Price Changed $499,310 +2.0% $239 / Sq Ft
02/01/2022 02/01/22 Price Changed $489,310 +1.0% $234 / Sq Ft
01/25/2022 01/25/22 Price Changed $484,310 +1.0% $232 / Sq Ft
01/21/2022 01/21/22 Price Changed $479,310 +0.4% $229 / Sq Ft
01/11/2022 01/11/22 For Sale $477,310 -- $228 / Sq Ft
Source: MLS of Southern Arizona

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
2024 $457 $30,330 -- --
2023 $457 $8,998 -- --
2022 $457 $3,126 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22200898

MLS of Southern Arizona

APN: 216-23-0950