NOT LISTED FOR SALE

5602 W Lazy Farm Dr Tucson, AZ 85742

Estimated Value: $640,000 - $730,000

4 Beds
2.5 Baths
3,040 Sq Ft
$228/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $655,000 $215 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,022/month

29 Days on Market

Highlights

  • New Construction
  • Gated Community
  • Recreation Room
  • Multiple Garages
  • Contemporary Architecture
  • Great Room

About This Home

As of April 2023

Brand NEW energy-efficient home ready March 2023! Teen Room, 4ft garage extension, French door at primary suite. Upscale Rustic package. Skip your commute by using the den as an office or purpose the space into a teen room to give older kids an area of their own. Secluded from the secondary bedrooms, the private primary suite boasts dual vanities and an optional garden tub. 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: 09/12/2022

Last Buyer's Agent

Michelle Candelaria

Help-U-Sell Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,315

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 135x125
  • Paved or Partially Paved Lot
  • Property is zoned Marana - R144

HOA Fees

  • $81 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Wood Frame Construction
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 3,040 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Storage
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Convection Oven
  • Gas Oven
  • Plumbed For Gas In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Shower Only in Primary Bathroom
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Gas Dryer Hookup

Home Security

  • Alarm System
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Car Garage
  • Multiple Garages
  • Driveway

Accessible Home Design

  • Accessible Hallway
  • Doors with lever handles
  • Doors are 32 inches wide or more
  • No Interior Steps
  • Level Entry For Accessibility
  • Smart Technology

Outdoor Features

  • Covered patio or porch

Schools

  • Degrazia Elementary School
  • Tortolita Middle School
  • Marana High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Natural Gas Water Heater
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Association fees include common area maintenance, gated community, street maintenance
  • $163 HOA Transfer Fee
  • Platinum Management Association, Phone Number (520) 623-2324
  • Built by Meritage Homes
  • Twin Peaks And Lambert Lane Subdivision, Palmer Floorplan

Recreation

  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,315

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$81 per month

Listing Details

  • Property Type: Residential
  • Dwelling Type: Single Family Residence
  • Style: Contemporary, Ranch
  • Technology: Alarm System, Cable TV, High Speed Internet, Home Automation, Smart Panel
  • Accessibility Options: Door Levers, Entry, Wide Doorways, Wide Hallways
  • Builder Name: Meritage Homes
  • Legal Description: SF 0062 Plan 3040E
  • Building Stories: One
  • List Price per Sq Ft: 237.16
  • Building New Construction: New Construction
  • New Construction Date Complete: 2023-03-07
  • New Construction Date Framed: 2022-06-01
  • 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: 2
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Columns, Dual Pane Windows, ENERGY STAR Qualified Windows, Foyer, High Ceilings 9+, Low Emissivity Windows, Split Bedroom Plan, Storage, Walk In Closet(s), Water Softener
  • Fireplace: None
  • Fireplace Location: None
  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile
  • Bedrooms: 4
  • Master Bathroom Features: Double Vanity, Exhaust Fan, Separate Shower(s), Shower Only
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: No
  • Dining Areas: Breakfast Nook, Dining Area, Formal Dining Room
  • Kitchen Features Appliance Color: Stainless
  • Kitchen Features Countertops: Quartz
  • Kitchen Features Pantry: Walk-In
  • Living Areas: Family Room, Great Room, Living Room, Off Kitchen
  • Laundry: Gas Dryer Hookup, Laundry Room, Sink, Storage
  • Extra Room: Rec Room
  • Combined Sq Ft: 3040.00
  • Interior Steps YN: N
  • Kitchen Features: Convection Oven, Dishwasher, Garbage Disposal, Gas Cooktop, Gas Hookup Available, Gas Oven, Gas Range, Island, Microwave
  • Main House Sq Ft: 3040.00
  • Source Of Sq Ft: Builder

Exterior Features

  • Construction: Stucco Finish, Wood Frame
  • Construction Status: New Construction
  • Driveway Paved: Concrete
  • ExteriorFeatures: None
  • F E M A Flood Zone: No
  • Fence: None
  • Guest Facilities: None
  • Landscape Front: Decorative Gravel
  • Landscape Rear: None
  • Patio Deck: Covered, Patio
  • Pool: None
  • Pool Conventional: No
  • Road Maintenance: HOA
  • Roof: Tile
  • Spa: None
  • View: Sunset
  • Model Name 2: Palmer

Garage/Parking

  • Garage Carport Feat: Additional Garage
  • Number Of Covered Prkng: 3.00
  • Number Of Garage Spaces: 3.00
  • Rv Parking: None

Utilities

  • Water: City
  • Water Heater: Natural Gas
  • Electric Electric Company: Trico
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Zoned
  • Main Heating: Forced Air
  • Security: Alarm Installed, Carbon Monoxide Detectors, Prewired, Smoke Detector(s)
  • Sewer: Connected

Condo/Co-op/Association

  • Association Amenities: Park
  • Association Fees Include: Common Area Maint, Gated Community, Street Maint
  • HOA: Yes
  • Monthly HOA Fee: 81.00
  • HOA Name: Platinum Management
  • HOA Payment Frequency: Quarterly
  • HOA Telephone: 520-623-2324
  • HOA Transfer Fee: 163.34
  • Neighborhood Feature: Gated, Park, Paved Street

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No

Schools

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

Lot Info

  • Property Group ID: 19990816212109142258000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.50
  • Lot Dimensions: 135x125
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 24.62
  • Lot Sq Ft: 29282.00
  • Lot Sz Sold Prc Sq Ft: 22.37
  • Municipality Zoning: Marana - R144
  • Municipal Flood Zone: No

Building Info

  • Year Built: 2023

Tax Info

  • Tax Code: 216-23-1510
  • Taxes: 6315.00
  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Apr 12, 2023
Sold by
Trust No 202052-S
Bought by
Meritage Homes Of Arizona Inc
Seller's Agent
Susan Hansen
MTH Realty LLC
Buyer's Agent
Michelle Candelaria
Help-U-Sell Real Estate
List Price
$720,980
Sold Price
$655,000
Premium/Discount to List
-$65,980
-9.15%
Total Days on Market
29
Views
1
Current Estimated Value
$691,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,806
Avg. Annual Appreciation
2.58%
Original Mortgage
$655,000
Outstanding Balance
$640,282
Interest Rate
6.65%
Mortgage Type
VA
Estimated Equity
$51,524
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
Meritage Homes Of Arizona Inc -- Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meritage Homes Of Arizona Inc $655,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $655,000 -9.2% $215 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $720,980 -- $237 / 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 $695 $11,646 -- --
2023 $695 $13,498 -- --
2022 $695 $4,757 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22223798

MLS of Southern Arizona

APN: 216-23-1510