Sold for $580,000

$580,000

18450 E El Cortez Drive, Rio Verde, AZ 85263

3beds

3baths

2,697sqft

Single Family Residence

Built in 1978

0.5 Acres Lot

$-- Zestimate^®

$215/sqft

$5,784 Estimated rent

Home value

Not available

Estimated sales range

Not available

$5,784/mo

Zestimate^® history

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$5,648/mo

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$5,648/mo

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What's special

Golf courseMature landscapingFormal diningCustom homeCitrus treesPrivate exitDark wood beams

One of a kind custom home in Rio Verde! Built in 1978, 2697sf, 3 bedrooms, 2.5 baths. Vaulted Ceiling with dark wood beams. 3 antique chandeliers from Mexico enhance the decor. Light stained Saltillo tile throughout the home, no carpet. Family room w/ fireplace, unique music room w/Steinway piano. Large master suite with deluxe bathroom & 3 closets - private exit to patio/pool. En-suite guest bedroom, plus 3rd bedroom can serve as an office or den. Kitchen w/easy access to formal dining. Breakfast room with views of the pool, mountains & golf course. Double lot with plenty of room for expansion. Property located on a quiet street and walking distance to the clubhouse. Mature landscaping with Saguaro cacti & citrus trees. Two car garage w/ storage cabinets & separate store room. VIEWS

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Heating

Electric

Cooling

Central Air, Ceiling Fan(s), Programmable Thmstat

Appliances

Included: Electric Cooktop

Features

High Speed Internet, Double Vanity, 9+ Flat Ceilings, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
Flooring: Tile
Windows: Skylight(s), Low Emissivity Windows, Double Pane Windows, Tinted Windows
Has basement: No
Has fireplace: Yes
Fireplace features: Family Room
Furnished: Yes

Interior area

Total structure area: 2,697
Total interior livable area: 2,697 sqft

Property

Parking

Total spaces: 2
Parking features: Garage Door Opener, Direct Access, Circular Driveway, Attch'd Gar Cabinets, Storage
Garage spaces: 2

Accessibility

Accessibility features: Bath Raised Toilet

Features

Stories: 1
Patio & porch: Patio
Exterior features: Private Street(s), Storage, Built-in Barbecue
Has private pool: Yes
Pool features: Diving Pool, Fenced
Spa features: None
Fencing: Block,Wrought Iron

Lot

Size: 0.5 Acres
Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, On Golf Course, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back

Details

Parcel number: 21943337C
Special conditions: Age Restricted (See Remarks)

Construction

Type & style

Home type: SingleFamily
Architectural style: Santa Barbara/Tuscan
Property subtype: Single Family Residence

Materials

Stucco, Wood Frame, Painted, Block
Roof: Tile,Built-Up,Foam

Condition

Year built: 1978

Utilities & green energy

Sewer: Private Sewer
Water: Pvt Water Company

Green energy

Energy efficient items: Multi-Zones

Community & HOA

Community

Features: Golf, Pickleball, Community Spa Htd, Transportation Svcs, Community Media Room, Horse Facility, Concierge, Tennis Court(s), Fitness Center
Subdivision: RIO VERDE UNIT 5

HOA

Has HOA: Yes
Services included: Cable TV, Maintenance Grounds, Street Maint, Trash
HOA fee: $2,300 semi-annually
HOA name: Rio Verde HOA
HOA phone: 480-471-2068

Location

Region: Rio Verde

Financial & listing details

Price per square foot: $215/sqft
Tax assessed value: $359,200
Annual tax amount: $2,141
Date on market: 4/5/2025
Cumulative days on market: 234 days
Listing terms: Cash,Conventional
Ownership: Fee Simple

Price history

Date	Event	Price
9/20/2023	Sold	$580,000-10.6%$215/sqft
Source: ARMLS #6486950 Report a problem
9/11/2023	Pending sale	$649,000$241/sqft
Source: ARMLS #6486950 Report a problem
9/11/2023	Listed for sale	$649,000$241/sqft
Source: ARMLS #6486950 Report a problem
6/29/2023	Listing removed	$649,000$241/sqft
Source: ARMLS #6486950 Report a problem
5/28/2023	Price change	$649,000-7.2%$241/sqft
Source: ARMLS #6486950 Report a problem
1/8/2023	Price change	$699,000-6.7%$259/sqft
Source: ARMLS #6486950 Report a problem
11/8/2022	Listed for sale	$749,000$278/sqft
Source: ARMLS #6486950 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2017	$3,013 +4.7%	$35,920
2016	$2,878 +0.4%	$35,920 +5.2%
2015	$2,868	$34,130 -1%
2014	--	$34,460 +4.1%
2013	--	$33,110 -2%
2012	--	$33,780 +2.6%
2011	--	$32,920 -16.1%
2010	--	$39,220 -7.4%
2009	--	$42,360 +3.3%
2008	--	$41,000 +6.8%
2007	--	$38,400 +30.8%
2006	--	$29,350
2005	--	$29,350 +1.6%
2004	--	$28,900
2003	--	$28,900 -6.8%
2002	--	$31,000