NOT LISTED FOR SALE

8862 S Desert Valley Way Tucson, AZ 85747

Rita Ranch Neighborhood

Estimated Value: $293,000 - $302,000

3 Beds
2 Baths
1,386 Sq Ft
$215/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $230,000 $166 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,809/month

Highlights

  • Bathtub with Shower
  • Living Room
  • 1-Story Property
  • Cottonwood Elementary School Rated A
  • Ceramic Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of September 2024

Adorable Reszi home in Rita Ranch. This home has 3 bedrooms with walk-in closets, built-in shelving, and a large Laundry with cabinets. The rooms are spacious and the interior is painted in neutral colors so you can add decor to your liking. No neighbors behind. Close to shopping. This won't last long in the market.

Last Agent to Rent the Property

Daniel Wesson

The Waterfall Group, L.L.C. Listed on: 08/22/2024

Last Renter's Agent

Bree Mitchell

The Waterfall Group, L.L.C.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,233

Year Built

  • Built in 1999

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 56' x 110'' x 49' x 110'
  • Property is zoned Tucson - R2

Parking

  • 2 Car Garage

Home Design

  • Frame With Stucco

Interior Spaces

  • 1,386 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Schools

  • Cotton Wood Elementary School
  • Desert Sky Middle School
  • Cienega High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,895

Community Details

Overview

  • Rita Ranch Community
  • Desert Crossings At Rita Ranch Subdivision

Amenities

  • Trash Chute

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,233

Year Built

Built in 1999

Lot Details

0

Rental Info

  • Security Deposit: Yes
  • Pets Considered: Yes
  • Referral Fee: Yes
  • Security Deposit Amount: 1895.00
  • Furnished: Unfurnished
  • Other Deposit Fees: No
  • Rental Tax: N/A

Listing Details

  • Property Type: Rental
  • Dwelling Type: Single Family Residence
  • List Price per Sq Ft: 1.37
  • Unit Levels: One
  • Additional Bathroom Features: Shower and Tub
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Window Coverings: None
  • Floor Covering: Carpet, Ceramic Tile
  • Bedrooms: 3
  • Master Bathroom Features: Shower and Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Has Basement: Yes
  • Dining Areas: Dining Area
  • Living Areas: Living Room
  • Laundry: Dryer Included, Washer Included
  • Extra Room: None
  • Kitchen Features: Dishwasher, Electric Range, Garbage Disposal, Microwave
  • Main House Sq Ft: 1386.00
  • Source Of Sq Ft: Assessor
  • Interior Steps: No

Exterior Features

  • Construction: Frame - Stucco
  • Guest Facilities: None
  • Pool Conventional: No
  • Spa: None

Garage/Parking

  • Number Of Covered Prkng: 2.00
  • Number Of Garage Spaces: 2.00

Utilities

  • Water: City
  • Electric Electric Company: TEP
  • Fire Protection: None
  • Gas Company: Natural
  • Main Cooling: Ceiling Fan(s), Central Air
  • Main Heating: Forced Air
  • Sewer: Connected
  • Utilities: Trash Included

Condo/Co-op/Association

  • Community: Rita Ranch

Association/Amenities

  • Senior Community: No
  • Subdivision Restrictions CC&Rs: No

Schools

  • School District: Vail
  • Elementary School: Cotton Wood
  • Middle School: Desert Sky
  • High School: Cienega

Lot Info

  • Property Group ID: 20010809200717574625000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.13
  • Lot Dimensions: 56' X 110'' X 49' X 110'
  • Lot Size Price Sq Ft: 0.33
  • Lot Sq Ft: 5663.00
  • Lot Sz Sold Prc Sq Ft: 0.33
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1999

Tax Info

  • Tax Code: 141-18-4380

MLS Schools

  • Middle School: Desert Sky
  • Elementary School: Cotton Wood
  • High School: Cienega
  • School District: Vail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2024
Sold by
Cai Sfr Tucson Acq 1 Llc
Bought by
Reszi Sfr Master Fund I Llc
Current Estimated Value
$298,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,795,280
Outstanding Balance
$210,486,997
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$210,188,514

Purchase Details

Closed on
Jun 18, 2024
Sold by
Cai Sfr Tucson Acq 1 Llc
Bought by
Reszi Sfr Master Fund I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,795,280
Outstanding Balance
$210,486,997
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$210,188,514

Purchase Details

Listed on
May 11, 2021
Closed on
May 25, 2021
Sold by
Muecke Alvin Lee and Muecke Emerald S
Bought by
Cai Sfr Tucson Acq I Llc
Seller's Agent
Kristie Babbitt
New Concept
Buyer's Agent
Daniel Wesson
The Waterfall Group, L.L.C.
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%

Purchase Details

Listed on
Mar 13, 2014
Closed on
Apr 21, 2014
Sold by
Fash Michael and Fash Kimberly
Bought by
Muecke Alvin Lee and Muecke Emerald S
Seller's Agent
Cindy Monger
Long Realty
Buyer's Agent
Rita McFarlin
Long Realty Company
List Price
$147,000
Sold Price
$147,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$149,010
Interest Rate
4.32%
Mortgage Type
VA

Purchase Details

Closed on
Jan 22, 1999
Sold by
Sun Sight Communities Inc
Bought by
Williamson Teresa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,267
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 1999
Sold by
Insight Investment Company Inc
Bought by
First American Title Insurance Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,267
Interest Rate
6.9%
Mortgage Type
FHA
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
Reszi Sfr Master Fund I Llc -- Fidelity National Title Agency
Reszi Sfr Master Fund I Llc -- Fidelity National Title Agency
Reszi Sfr Master Fund I Llc -- Fidelity National Title Agency
Cai Sfr Tucson Acq I Llc -- Fidelity National Title
Muecke Alvin Lee $147,000 Catalina Title Agency
Muecke Alvin Lee $147,000 Catalina Title Agency
Williamson Teresa J $99,420 --
Sun Sight Communities Inc -- --
Insight Investment Co Inc -- --
First American Title Insurance Company -- First American Title
Insight Investment Company Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reszi Sfr Master Fund I Llc $212,795,280
Closed Reszi Sfr Master Fund I Llc $212,795,280
Previous Owner Muecke Alvin Lee $149,010
Previous Owner Williamson Teresa J $18,200
Previous Owner Williamson Teresa J $147,000
Previous Owner Williamson Teresa J $133,092
Previous Owner Williamson Teresa $111,428
Previous Owner Williamson Teresa J $99,267
Previous Owner Insight Investment Company Inc $75,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2024 09/01/24 Rented $1,895 0.0% --
08/22/2024 08/22/24 For Rent $1,895 0.0% --
05/28/2021 05/28/21 Sold $230,000 0.0% $166 / Sq Ft
05/11/2021 05/11/21 For Sale $230,000 +56.5% $166 / Sq Ft
04/24/2014 04/24/14 Sold $147,000 0.0% $106 / Sq Ft
03/25/2014 03/25/14 Pending -- -- --
03/13/2014 03/13/14 For Sale $147,000 -- $106 / 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
2025 $2,233 $16,749 -- --
2024 $2,199 $15,951 -- --
2023 $2,199 $15,191 $0 $0
2022 $2,144 $14,468 $0 $0
2021 $2,148 $13,123 $0 $0
2020 $2,079 $13,123 $0 $0
2019 $2,060 $13,744 $0 $0
2018 $1,726 $11,336 $0 $0
2017 $1,687 $11,336 $0 $0
2016 $1,580 $10,796 $0 $0
2015 $1,517 $10,282 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Wesson

    Landlord's Agent in 2024

    Daniel Wesson

    The Waterfall Group, L.L.C.

    (520) 906-8333

    13 in this area

    146 Total Sales

    Daniel Wesson
    Section Image

  • B

    Tenant's Agent in 2024

    Bree Mitchell

    The Waterfall Group, L.L.C.

    (214) 281-4646

    Bree Mitchell
    Section Image

  • K

    Seller's Agent in 2021

    Kristie Babbitt

    New Concept

  • C

    Seller's Agent in 2014

    Cindy Monger

    Long Realty

  • J

    Seller Co-Listing Agent in 2014

    Jeffery Monger

    Long Realty

  • R

    Buyer's Agent in 2014

    Rita McFarlin

    Long Realty Company

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22420684

MLS of Southern Arizona

APN: 141-18-4380

Arizona Pima County Tucson 85747 Rita Ranch

8862 S Desert Valley Way, Tucson, AZ

This home is located at 8862 S Desert Valley Way, Tucson, AZ 85747 since 22 August 2024 and is currently priced at $298,483. This property was built in 1999. 8862 S Desert Valley Way is a home located in Pima County with nearby schools including Cottonwood Elementary School, Vail Academy and High School, and Desert Sky Middle School.

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