16701 West Falcon Lane

Local assessors in Marana, AZ have categorized 16701 West Falcon Lane as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 42,999 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a mobile home style. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 16701 West Falcon Lane has a total of 1,456 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Moving onto specific details regarding the building. Our sources show that the building condition is poor. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a roof that is made of aluminum. 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, 16701 West Falcon Lane sold most recently in Aug 3, 2023 for a total of $200,000. If you work out the math, that's approximately a cost of $137.36 per sqft. Before that, the property was also sold for $72,500 in Nov 26, 2013. 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 $719 in taxes each year. 16701 West Falcon Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $5,125. 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.