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Sold for $360,000
  • $360,000

    26602 S RIBBONWOOD Drive, Sun Lakes, AZ 85248

    2beds
    1,473sqft
    Single Family Residence
    Built in 1991
    5,823 Square Feet Lot
    $359,700 Zestimate®
    $244/sqft
    $2,067 Estimated rent

    Home value

    $359,700

    $331,000 - $392,000

    $2,067/mo

    Zestimate® history
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    What's special

    Well-maintained valencia model
    Welcome to the gated community of Palo Verde in Sun Lakes—one of the area's most sought-after 55+ golf communities. Situated on a quiet interior street, this well-maintained Valencia model represents a rare below-market opportunity for the discerning buyer or savvy investor. Lovingly cared for and thoughtfully preserved, the home offers solid fundamentals with exceptional potential—an ideal canvas for tasteful personalization. Homes of this caliber, in this location, are becoming increasingly scarce within Palo Verde. This is a property whose value and possibilities are best appreciated through a private, in-person visit.

    Zillow last checked:

    Listing updated:

    Listed by:

    Perry Landon Wright 480-682-8552,

    Realty ONE Group,

    Robin Leigh 602-920-4550,

    Realty ONE Group

    Bought with:

    Elizabeth Yaquinto, SA648405000

    Bliss Realty & Investments

    Source: ARMLS,MLS#: 6981539MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Washer, Disposal, Electric Range, Electric Oven, Electric Cooktop, Built-In Electric Oven
    Features
    • Eat-in Kitchen, Full Bth Master Bdrm
    • Flooring: Tile
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,473
    • Total interior livable area: 1,473 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage, Open
    • Garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Stories: 1
    • Has spa: Yes
    • Spa features: Heated
    • Fencing: Back Yard
    Lot
    • Size: 5,823 Square Feet
    • Features: Desert Back, Desert Front
    Details
    • Parcel number: 30370051
    • Special conditions: Age Restricted (See Remarks),FIRPTA may apply

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Territorial/Santa Fe
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Block
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Year built: 1991
    Details
    • Builder name: Robson

    Utilities & green energy

    • Sewer: Private Sewer
    • Water: Pvt Water Company

    Community & HOA

    Community
    • Features: Pool, Golf, Pickleball, Gated, Transportation Svcs, Tennis Court(s), Biking/Walking Path, Fitness Center
    • Senior community: Yes
    • Subdivision: SUN LAKES UNIT 23
    HOA
    • Has HOA: Yes
    • Services included: Street Maint
    • HOA fee: $1,842 annually
    • HOA name: Sun Lakes HOA #2
    • HOA phone: 480-895-3550
    Location
    • Region: Sun Lakes

    Financial & listing details

    • Price per square foot: $244/sqft
    • Tax assessed value: $336,200
    • Annual tax amount: $2,519
    • Date on market: 2/8/2026
    • Cumulative days on market: 32 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    3/12/2026Sold$360,000+1.4%$244/sqft
    Source: ARMLS #6981539 Report a problem
    2/8/2026Listed for sale$355,000+195.8%$241/sqft
    Source: ARMLS #6981539 Report a problem
    4/4/1996Sold$120,000+5.3%$81/sqft
    Source: Public Record Report a problem
    3/31/1994Sold$114,000$77/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,624 +0.8%$33,620 -8.2%
    2024$1,611 +1.8%$36,630 +65.6%
    2023$1,582 -28.8%$22,122 -12.1%
    2022$2,223 -1%$25,160 +5.4%
    2021$2,245 +4.2%$23,870 +13.8%
    2020$2,154 +3.7%$20,970 +5.1%
    2019$2,078 $19,950 +6.5%
    2018$2,078 +6.9%$18,730 +6.1%
    2017$1,944 +7.6%$17,650
    2016$1,807 +0.4%$17,650 +8.1%
    2015$1,801 $16,330 +14.5%
    2014-- $14,260 +8.9%
    2013-- $13,100 -8.4%
    2012-- $14,300 -6.7%
    2011-- $15,320 -14.7%
    2010-- $17,960 -4.3%
    2009-- $18,760 -19%
    2008-- $23,150 +12.4%
    2007-- $20,600 +88.1%
    2006-- $10,950
    2005-- $10,950 +4.3%
    2004-- $10,500
    2003-- $10,500 -1.4%
    2002-- $10,650
    Find assessor info on the county website

    Neighborhood: Sun Lakes

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $359,700
    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
    $359,700