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61 Paso Court

61 Paso Court, Rio Rico, AZ 85648
Property in Santa Cruz
Sold Sep 12, 2017
$90,000
$118,000 by Global Equity Finance Inc
Mortgage Due Aug 01, 2041
Local assessors in Rio Rico, AZ have categorized 61 Paso Court as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 25,265 square feet. There are also 2 partial bathrooms. 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 61 Paso Court has a total of 1,441 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 other control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 61 Paso Court sold most recently in Sep 6, 2017 for a total of $90,000. If you work out the math, that's approximately a cost of $62.46 per sqft. 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 $1,021 in taxes each year. The initial year of tax delinquency occurred in 2023. 61 Paso Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $11,674. If we break it down further, the land itself was valued at $600. Improvements to the property, however, were assessed at a total of $11,074. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1992
  • Effective Year Built: 1992
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Other
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 25,265
  • Total Building Area: 1,441
  • Building Area: 1,441
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,441
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUB RIO RICO ESTATES
  • Land Acres: 0.58
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: SUB RIO RICO ESTATES UNIT NO.10 LOT 4 OF BLK 193

Ownership

  • Current Owner : MARTINEZ GREGORIO R
  • Previous Owner : HOEHN VICTOR L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Santa Cruz Valley Unified District
  • Census Tract: 966111

Geography

  • Assessors Map Reference: PM 115-11
  • Account Number: R000022066
  • Parcel: 115-11-034
  • Block: 193
  • Lot: 4
  • Meridian: SEC 01 TWN 23S RNG 13E
  • Latitude: 31.4598
  • Longitude: -110.96

    Address

  • Full Address: 61 Paso Ct
  • Address - House Number: 61
  • Address - Street Name: Paso
  • Address - Suffix Type: Ct
  • State: AZ
  • City Name: Rio Rico
  • Carrier Code: R006
  • 4-Digit Zip Code: 2410
  • Zip Code: 85648

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,021
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 3502

    Appraisal Valuation

  • Standard Deviation: 0.2462
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 248,577
  • High Value: 300,956
  • Low Value: 196,198

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $156,200
  • First Open Lien Mortgage Lender: GLOBAL EQUITY FINANCE INC
  • First Open Lien Mortgage Recording Date: Aug 03, 2021
  • First Open Lien Mortgage Loan Amount: $118,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2041
  • Second Open Lien Mortgage Lender: ARIZONA FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Oct 13, 2022
  • Second Open Lien Mortgage Loan Amount: $38,200
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 27, 2032

    Market Valuation

  • Market Total Value: $116,744
  • Market Land Value: $6,000
  • Market Improvement Value: $110,744

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,674
  • Assessed Land Value: $600
  • Assessed Improvements Value: $11,074

    Sales

  • Current Sale Contract Date: Sep 06, 2017
  • Current Sale Recording Date: Sep 12, 2017
  • Current Sale Transaction ID: 1735916831
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-06421

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Sep 12, 2017
  • First Mortgage Loan Amount: $88,369
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2047

About Rio Rico



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Frequently Asked Questions

What neighborhood is 61 Paso Court located in?
The 61 Paso Court is a located in the neighborhood of Santa Cruz in Rio Rico, Rio Rico.
What is the average sales price for listings in 61 Paso Court?
The average sales price for units in 61 Paso Court is $0 currently.

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