$306,990
SOLD MAR 3, 2023

40005 W Rio Lobo Dr Maricopa, AZ 85138

Rancho El Dorado Neighborhood
3 Beds
2 Baths
1,465 Sq Ft
5,400 Sq Ft Lot

Recently Sold

$210 Per Sq Ft

12% Below List Price

140 Days on Market

Highlights

  • Dual Vanity Sinks in Primary Bathroom
  • ENERGY STAR Qualified Appliances
  • Under Construction
  • Cooling Available
  • ENERGY STAR Qualified Equipment
  • Heating Available

About This Home

As of March 2023

Brand NEW energy-efficient home ready September 2022! The Olive's open concept living space makes it ideal for entertaining. The useful kitchen island offers ample prep space and informal seating. The private primary suite boasts dual sinks and an expansive walk-in closet. The Lakes at Rancho El Dorado is a community of new, incredibly energy efficient homes just a few miles from Interstate 10 located in the town of Maricopa. 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

Joseph Elberts

Meritage Homes of Arizona, Inc License #BR549667000

Last Buyer's Agent

Shelley Mazzaferro

Realty ONE Group License #SA642587000

Realty ONE Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,952

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 5,400 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1,465 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Association fees include ground maintenance
  • Rancho El Dorado HOA, Phone Number (480) 448-4728
  • Built by Meritage Homes
  • The Lakes At Rancho El Dorado Subdivision, Olive Floorplan

Listing and Financial Details

  • Tax Lot 0084
  • Assessor Parcel Number 512-50-503

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,952

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Cross Street: Smith Enke Rd and Chase Dr
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 70.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2022
  • Tax Year: 2021
  • Directions: Smith Enke Rd and Hwy 347. Left on W Smith Enke Rd, Left on Chase Dr, Right on Powers Pkwy, right on N Chase Dr, right on W Sunland Dr.
  • Master Model: Olive
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: The Lakes at Rancho El Dorado
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 70.0
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Possible Use: Other, None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity
  • Living Area: 1465.0
  • Stories: 1
  • ResoLivingAreaSource: Builder
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Other
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Engy Star (See Rmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake
  • Amenities: None
  • Association Fee: 70.0
  • Association Fee Frequency: Monthly
  • Association Name: Rancho El Dorado HOA
  • Phone: 480-448-4728
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Rancho El Dorado HOA
  • Association Fees:HOA Telephone4: 480-448-4728
  • 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

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Santa Rosa Elementary School
  • High School: Maricopa High School
  • Junior High Dist: Maricopa Unified School District
  • Middle Or Junior School: Desert Wind Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5400.0
  • Parcel #: 512-50-503
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Meritage Homes

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Book Number: 512.00
  • Tax Lot: 0084
  • Tax Map Number: 50.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Price Changed $317,000 -2.5% $216 / Sq Ft
04/08/2025 04/08/25 Price Changed $325,000 -3.0% $222 / Sq Ft
03/31/2025 03/31/25 Price Changed $335,000 -1.2% $228 / Sq Ft
03/10/2025 03/10/25 For Sale $339,000 +10.4% $231 / Sq Ft
03/03/2023 03/03/23 Sold $306,990 0.0% $210 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
01/03/2023 01/03/23 Price Changed $306,990 -5.5% $210 / Sq Ft
10/05/2022 10/05/22 Price Changed $324,990 -3.6% $222 / Sq Ft
09/30/2022 09/30/22 Price Changed $336,990 -12.9% $230 / Sq Ft
09/29/2022 09/29/22 Price Changed $386,990 +11.5% $264 / Sq Ft
08/29/2022 08/29/22 For Sale $346,990 -- $237 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,952 $27,400 -- --
2024 $1,144 $31,874 -- --
2023 $1,144 $8,970 $8,970 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000 New Conventional
Previous Owner $226,990 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Special Warranty Deed $306,990 Carefree Title Agency Inc
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6456538

Arizona Regional Multiple Listing Service (ARMLS)

APN: 512-50-503

Arizona Pinal County Maricopa 85138 Rancho El Dorado

40005 W Rio Lobo Dr, Maricopa, AZ

Homes for Sale in Maricopa, AZ

This home is located at 40005 W Rio Lobo Dr, Maricopa, AZ 85138 and is currently priced at $306,990, approximately $209 per square foot. This property was built in 2022. 40005 W Rio Lobo 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