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10723 East Verbina Lane

10723 East Verbina Lane, Florence, AZ 85132
Property in Pinal
Sold Oct 21, 2021
$375,000
$362,484 by Broker Solutions Inc
Mortgage Due Nov 01, 2051
Sold May 07, 2021
$250,000
10723 East Verbina Lane in Florence, AZ was first built in 2005 and is 19 years old. This has been categorized as a residential property type. There are a total of 2 floors. 10723 East Verbina Lane has 2,723 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,663 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a hip style roof made of concrete. For those who need parking, there is a attached garage. The garage is 441 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of materials we are unsure of. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10723 East Verbina Lane sold most recently in Oct 1, 2021 for a total of $375,000. If you work out the math, that's approximately a cost of $118.52 per sqft. Before that, the property was also sold for $250,000 in May 4, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,480 in taxes each year. 10723 East Verbina Lane was most recently assessed in 2025. During this assessment, the property's total value was estimated to be about $28,408. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Other
  • Roof Shape Type: Hip
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 3,164
  • Gross Building Area: 3,164
  • Building Area: 2,723
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,723
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAGMA RANCH
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MAGMA RANCH I UNIT 3 SEC 20-3S-9E LOT 53 5542 SQ FT .13 AC

Ownership

  • Current Owner : CASTILLO LUIS
  • Current Owner 2: CASTILLO BLANCA
  • Previous Owner : BRECKENRIDGE PROPERTY FUND 2016 LLC
  • Owner Before Previous Owner: LUCE WILLIAM THOMAS
  • Owner Before Previous Owner 2: FREDOCK LUCE ELIZABETH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Florence Unified School District
  • Census Tract: 000208

Geography

  • Assessors Map Reference: 2003S09E
  • Parcel: 210-39-3960
  • Lot: 53
  • Meridian: SEC 20 TWN 03S RNG 09E
  • Latitude: 33.1491
  • Longitude: -111.45

    Address

  • Full Address: 10723 E Verbina Ln
  • Legal Unit: 3
  • Address - House Number: 10723
  • Street Direction: E
  • Address - Street Name: Verbina
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Florence
  • Carrier Code: H008
  • 4-Digit Zip Code: 7310
  • Zip Code: 85132

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,480
  • Tax Rate Code Area: 0121

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 396,856
  • High Value: 463,581
  • Low Value: 330,131

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $362,484
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Oct 21, 2021
  • First Open Lien Mortgage Loan Amount: $362,484
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $284,083
  • Market Land Value: $22,085
  • Market Improvement Value: $261,998

    Assessments Valuation

  • Assessed Year: 2025
  • Assessed Total Value: $28,408

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Oct 21, 2021
  • Current Sale Transaction ID: 11860662165
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-133867
  • Previous Sale Recording Date: May 07, 2021
  • Previous Sale Contract Date: May 04, 2021
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Oct 21, 2021
  • First Mortgage Loan Amount: $362,484
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2051

About Pinal



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 10723 East Verbina Lane located in?
The 10723 East Verbina Lane is a located in the neighborhood of Pinal in Pinal, Florence.
What is the average sales price for listings in 10723 East Verbina Lane?
The average sales price for units in 10723 East Verbina Lane is $0 currently.

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