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Sold for $338,000
  • $338,000

    12040 W Formosa Ln, Marana, AZ 85653

    3beds
    1,653sqft
    Single Family Residence
    Built in 2012
    6,534 Square Feet Lot
    $333,000 Zestimate®
    $204/sqft
    $1,868 Estimated rent

    Home value

    $333,000

    $316,000 - $350,000

    $1,868/mo

    Zestimate® history
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    What's special

    Beautiful highly updated home located in the desirable Solara neighborhood in Rancho Marana. With 3 bedrooms, 2.5 bathrooms, and 1653 square feet of living space, this property offers ample room for relaxation, entertainment & everyday living. Home meticulously maintained by original owner. Kitchen boasts SS smart refrigerator, custom tile backsplash, SS double convection oven, composite sink & dimmable lighting. Interior includes water softener, RO system, carpet installed 2023, ecobee thermostat & ceramic tile throughout downstairs. The private backyard oasis features built-in BBQ & refrigerator, extended paved patio & path, gas fire pit, natural grass on smart sprinkler system, electrical smart lighting & citrus trees. Exterior painted in 2020 & HVAC only 2 years old! Located near parks, shopping, restaurants, medical offices & splash pad.

    Zillow last checked:

    Listing updated:

    Listed by:

    Shannon Imes 520-343-0340,

    Coldwell Banker Realty

    Bought with:

    Marsee Wilhems, BR546828000

    eXp Realty

    Source: MLS of Southern Arizona,MLS#: 22417855MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Heat Pump
    Cooling
    • Central Air, Ceiling Fan(s), Ceiling Fans Pre-Wired
    Appliances
    • Included: Exhaust Fan, Dishwasher, Disposal, Refrigerator, Gas Range, Reverse Osmosis, Convection Oven, Microwave, Water Softener
    • Laundry: Storage, Laundry Room, Gas Dryer Hookup, Electric Dryer Hookup
    Features
    • Kitchen Island, Walk-In Closet(s)
    • Flooring: Carpet, Ceramic Tile, Laminate
    • Windows: Double Pane Windows
    • Number of fireplaces: 1
    • Fireplace features: Fire Pit, Gas, Patio
    Interior area
    • Total structure area: 1,653
    • Total interior livable area: 1,653 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Paver, Patio
    • Exterior features: Built-in Barbecue
    • Spa features: None
    • Fencing: Block
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,534 Square Feet
    • Features: Decorative Gravel, Shrubs, Sprinklers In Front, North/South Exposure
    Details
    • Parcel number: 217433000
    • Zoning: Marana - F
    • Special conditions: None
    • Other equipment: Satellite Dish

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame
    • Roof: Tile
    Condition
    • Year built: 2012

    Utilities & green energy

    • Sewer: Sewer Connected
    • Water: Public
    • Utilities for property: Phone Connected

    Community & HOA

    Community
    • Features: Sidewalks, Park, Walking Trail
    • Security: Security System Owned, Smoke Detector(s)
    • Subdivision: Rancho Marana
    HOA
    • Has HOA: Yes
    • Amenities included: Park
    • Services included: None
    • HOA fee: $65 monthly
    • HOA name: Rancho Marana
    Location
    • Region: Marana

    Financial & listing details

    • Price per square foot: $204/sqft
    • Tax assessed value: $250,773
    • Annual tax amount: $2,444
    • Date on market: 7/19/2024
    • Cumulative days on market: 5 days
    • Listing terms: FHA,VA Loan,Conventional,Cash,Submit
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/27/2024Sold$338,000-3.2%$204/sqft
    Source: MLS of Southern Arizona #22417855 Report a problem
    8/27/2024Pending sale$349,000$211/sqft
    Source: MLS of Southern Arizona #22417855 Report a problem
    7/23/2024Contingent$349,000$211/sqft
    Source: MLS of Southern Arizona #22417855 Report a problem
    7/19/2024Listed for sale$349,000+120%$211/sqft
    Source: MLS of Southern Arizona #22417855 Report a problem
    9/27/2012Sold$158,611-2.8%$96/sqft
    Source: Public Record Report a problem
    8/22/2012Listed for sale$163,108+443.7%$99/sqft
    Source: Meritage Homes Report a problem
    1/5/2011Sold$30,000$18/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,554 +4.5%$25,077 +0.2%
    2024$2,444 +7.3%$25,027 +17.6%
    2023$2,277 -1.8%$21,290 +23%
    2022$2,319 +5.8%$17,310 +1.7%
    2021$2,193 +2.4%$17,019 +4.7%
    2020$2,141 $16,261 +10.1%
    2019$2,141 +3%$14,769 +12.5%
    2018$2,079 +1.6%$13,131
    2017$2,045 +5.8%$13,131 +5%
    2016$1,933 +11.7%$12,506 +5%
    2015$1,731 $11,910
    2014-- --
    2013-- $21,251
    2012-- --
    2011-- --
    2010-- --
    2009-- --
    2007-- --
    Find assessor info on the county website

    Neighborhood: Rancho Marana

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Estes
    • Middle: Marana
    • High: Marana

    Source: MLS of Southern Arizona. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $333,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $333,000