NOT LISTED FOR SALE

Estimated Value: $673,134 - $715,000

3 Beds
2 Baths
1,967 Sq Ft
$353/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $690,000 $351 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,472/month

47 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Clubhouse
  • Fountain Hills Middle School Rated A-
  • Mountain View
  • Santa Fe Architecture

About This Home

As of July 2024

Lovely Santa Fe Territorial home in the active adult community of Rio Verde Country Club with two 18-hole courses with memberships available. Home shows like new. Located on the quiet, secluded, sought-after Reata Lane on nearly 1/2 acre of desert landscape with fenced backyard. Many custom features to this 3BR, 2BA home plus oversized 2+ car garage, seasonal sunroom (+150 sf), and front courtyard w/garden gate. Home features 9' and 12' soaring ceilings and large bright rooms, remodeled sunny kitchen and sunroom make it a joy to wake up every morning. No carpet - freshly tiled throughout. Pleasant views from all windows. List of upgrades/updates available upon request. Most furniture is available for purchase under separate contract.

Last Listed By

Jim Peterson

RE/MAX Excalibur License #SA529621000 Listed on: 03/10/2024

RE/MAX Excalibur

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,539

Year Built

  • Built in 1992

Lot Details

  • 0.47 Acre Lot
  • Desert faces the front of the property
  • Partially Fenced Property
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $411 Monthly HOA Fees

Parking

  • 2.5 Car Garage

Home Design

  • Santa Fe Architecture
  • Room Addition Constructed in 2023
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 1,967 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Tinted Windows
  • Solar Screens
  • Living Room with Fireplace
  • Tile Flooring
  • Mountain Views

Kitchen

  • Kitchen Updated in 2022
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom Updated in 2022
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Patio

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1209
  • Assessor Parcel Number 219-55-034

Community Details

Overview

  • Association fees include sewer, cable TV, ground maintenance, street maintenance, trash
  • Rio Verde Community Association, Phone Number (480) 471-2468
  • Built by Alexander
  • Rio Verde Unit Ten Lot 1176 1271 Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Racquetball
  • Fitness Center
  • Heated Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,539

Year Built

Built in 1992

Lot Details

0

HOA Fees

$411 per month

Parking

2

Listing Details

  • Cross Street: Forest Rd. & Via Hermosa
  • Legal Info Range: 7E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 410.83
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2022
  • Items Updated Floor Yr Updated: 2020
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2022
  • Items Updated Rm Adtn Yr Updated: 2023
  • Items Updated Roof Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 2.5
  • Separate Den Office Sep Den Office: N
  • Year Built: 1992
  • Tax Year: 2023
  • Directions: From Fountain Hills go north 8 miles to Forest Rd. (L) to Via Hermosa
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.47
  • Subdivision Name: Rio Verde Unit Ten Lot 1176-1271
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 4930.0
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1967.0
  • Stories: 1
  • Window Features: Sunscreen(s), Dual Pane, Tinted Windows
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:HandballRacquetball: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Other, Partial
  • Exterior Features: Patio
  • Lot Features: Desert Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.5
  • Garage Spaces: 2.5

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Golf, Tennis Court(s), Racquetball, Clubhouse, Fitness Center
  • Amenities: Rental OK (See Rmks)
  • Association Fee: 4930.0
  • Association Fee Frequency: Annually
  • Association Name: Rio Verde Community
  • Phone: 480-471-2468
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Rio Verde Community
  • Association Fees:HOA Telephone4: 480-471-2468
  • 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:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Cable or Satellite: Yes

Fee Information

  • Association Fee Includes: Sewer, Cable TV, Maintenance Grounds, Street Maint, Trash

Schools

  • Elementary School: Adult
  • High School: Adult
  • Junior High Dist: Out of Area
  • Middle Or Junior School: Adult

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20462.0
  • Parcel #: 219-55-034
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Alexander

Tax Info

  • Tax Annual Amount: 2539.0
  • Tax Book Number: 219.00
  • Tax Lot: 1209
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2024
Closed on
Jun 14, 2024
Sold by
Jim And Kathy Peterson Family Trust and Peterson Jim Arlen
Bought by
Boyle Barbara and Boyle-Baise Marilynne
Seller's Agent
Jim Peterson
RE/MAX Excalibur
Buyer's Agent
Jim Peterson
RE/MAX Excalibur
List Price
$715,000
Sold Price
$690,000
Premium/Discount to List
-$25,000
-3.5%
Total Days on Market
47
Views
50
Current Estimated Value
$694,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,034
Avg. Annual Appreciation
-2.01%
Original Mortgage
$550,000
Outstanding Balance
$547,371
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$131,811

Purchase Details

Closed on
Feb 25, 2020
Sold by
Peterson Jim Arlen and Peterson Kathy Velma
Bought by
Peterson Jim Arlen and Peterson Kathy Velma

Purchase Details

Listed on
Apr 28, 2019
Closed on
May 22, 2019
Sold by
Sestina Stephen M and Sestina Lisbeth A
Bought by
Peterson Jim and Peterson Kathy
Seller's Agent
Stephen Sestina
West USA Realty
Buyer's Agent
Jim Peterson
RE/MAX Excalibur
List Price
$389,990
Sold Price
$380,000
Premium/Discount to List
-$9,990
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%

Purchase Details

Closed on
Aug 23, 2016
Sold by
Sturgis Cristy
Bought by
Sestina Stephen M and Sestina Lisbeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2004
Sold by
Knutson Robert N and Knutson Cynthia T
Bought by
Knutson Dr Robert N and Knutson Cynthia T

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
Boyle Barbara $690,000 First American Title Insurance
Peterson Jim Arlen -- None Available
Peterson Jim $380,000 First American Title Ins Co
Sestina Stephen M $335,000 First American Title Ins Co
Knutson Dr Robert N -- --
Knutson Dr Robert N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyle Barbara $550,000
Previous Owner Sestina Stephen M $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $690,000 -1.2% $351 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
03/12/2024 03/12/24 Price Changed $698,500 -2.3% $355 / Sq Ft
03/10/2024 03/10/24 For Sale $715,000 +88.2% $363 / Sq Ft
06/20/2019 06/20/19 Sold $380,000 -2.6% $193 / Sq Ft
04/28/2019 04/28/19 For Sale $389,990 -- $198 / 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 $2,248 $36,960 -- --
2024 $2,540 $35,200 -- --
2023 $2,540 $42,180 $8,430 $33,750
2022 $2,423 $33,870 $6,770 $27,100
2021 $2,494 $33,080 $6,610 $26,470
2020 $2,328 $29,560 $5,910 $23,650
2019 $2,249 $27,580 $5,510 $22,070
2018 $2,180 $27,270 $5,450 $21,820
2017 $2,093 $27,350 $5,470 $21,880
2016 $2,465 $25,360 $5,070 $20,290
2015 $2,148 $22,910 $4,580 $18,330
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6675268

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-55-034