For sale

Price cut: $10K (6/15)

$270,000

40130 W RIO LOBO Drive, Maricopa, AZ 85138

3beds

1,339sqft

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Single Family Residence

Built in 2022

4,657 Square Feet Lot

$-- Zestimate^®

$202/sqft

$91/mo HOA

What's special

Built in 2022, this 3 bedroom 2 bath home sits adjacent to a greenbelt and is stacked with upgrades. Tile everywhere but the bedrooms. White shaker cabinets in the kitchen with granite counters and stainless appliances. Fridge, washer, and dryer are all included. Home has been well-maintained.

24 days

993

48

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Cooling

ENERGY STAR Qualified Equipment, Programmable Thmstat

Appliances

Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Gas Range
Laundry: Inside, Engy Star (See Rmks)

Features

Double Vanity, 9+ Flat Ceilings
Flooring: Carpet, Tile
Windows: Screens, Double Pane Windows, Vinyl Frame
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,339
Total interior livable area: 1,339 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Golf Cart Garage
Attached garage spaces: 2

Features

Stories: 1
Spa features: None
Fencing: Back Yard,Block

Lot

Size: 4,657 Square Feet
Features: Borders Common Area, Sprinklers In Front, Desert Front, Dirt Back, Auto Timer H2O Front

Details

Parcel number: 51250434
Special conditions: Short Sale,Pre-Foreclosure

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Stucco, Other, Wood Frame
Roof: Tile

Condition

Year built: 2022

Details

Builder name: Meritage

Utilities & green energy

Sewer: Public Sewer
Water: Pvt Water Company

Community & HOA

Community

Features: Lake, Playground, Biking/Walking Path
Subdivision: RANCHO EL DORADO PHASE III

HOA

Has HOA: Yes
Services included: Maintenance Grounds
HOA fee: $91 monthly
HOA name: Lakes at R.E.D.
HOA phone: 480-921-7500

Location

Region: Maricopa

Financial & listing details

Price per square foot: $202/sqft
Tax assessed value: $274,822
Annual tax amount: $1,933
Date on market: 6/10/2026
Cumulative days on market: 23 days
Listing terms: Cash,Conventional,FHA,VA Loan
Ownership: Fee Simple

Foreclosure details

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/15/2026	Price change	$270,000-3.6%$202/sqft
Source: ARMLS #7040952 Report a problem
6/12/2026	Listed for sale	$280,000-15%$209/sqft
Source: ARMLS #7040952 Report a problem
6/23/2023	Sold	$329,590$246/sqft
Source: ARMLS #6456617 Report a problem
6/1/2023	Pending sale	$329,590$246/sqft
Source: ARMLS #6456617 Report a problem
5/2/2023	Price change	$329,590+1.5%$246/sqft
Source: ARMLS #6456617 Report a problem
4/18/2023	Price change	$324,590+0.9%$242/sqft
Source: ARMLS #6456617 Report a problem
3/29/2023	Price change	$321,590+0.9%$240/sqft
Source: ARMLS #6456617 Report a problem
2/20/2023	Pending sale	$318,590$238/sqft
Source: ARMLS #6456617 Report a problem
2/7/2023	Price change	$318,590+1%$238/sqft
Source: ARMLS #6456617 Report a problem
1/31/2023	Price change	$315,590+1%$236/sqft
Source: ARMLS #6456617 Report a problem
1/3/2023	Price change	$312,590-3.8%$233/sqft
Source: ARMLS #6456617 Report a problem
10/5/2022	Price change	$324,990-5.1%$243/sqft
Source: ARMLS #6456617 Report a problem
9/30/2022	Price change	$342,590-2.8%$256/sqft
Source: ARMLS #6456617 Report a problem
8/29/2022	Price change	$352,590-2.8%$263/sqft
Source: ARMLS #6456617 Report a problem
8/25/2022	Listed for sale	$362,590$271/sqft
Source: Meritage Homes Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$1,933 +3.6%	$27,482 +4.5%
2025	$1,866 +63.2%	$26,300 -13.7%
2024	$1,144 +2873.7%	$30,481 +239.8%
2023	$38	$8,970

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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