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976 Arco Lane

976 Arco Lane, Rio Rico, AZ 85648
Property in Santa Cruz
Sold Dec 07, 2021
$300,000
Buyer
Seller
$300,000 by Mortgage Research Center Llc
Mortgage Due Jan 01, 2052
Local assessors in Rio Rico, AZ have categorized 976 Arco Lane as a residential type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 35,719 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. 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 976 Arco Lane has a total of 1,674 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 carport for those who need a place to park their vehicle. The garage on the property is 194 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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 gable style roof that was made of composition shingle. Lots of stucco 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 a evaporative cooler for their cooling system. The home's a forced air unit 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, 976 Arco Lane sold most recently in Dec 6, 2021 for a total of $300,000. If you work out the math, that's approximately a cost of $179.21 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 $1,887 in taxes each year. 976 Arco Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $16,137. If we break it down further, the land itself was valued at $410. Improvements to the property, however, were assessed at a total of $15,727. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Masonry Exterior
Stucco Exterior

Parking

Carport
Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Other
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 194
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 35,719
  • Total Building Area: 1,674
  • Building Area: 1,674
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Evaporative cooler
  • Heating: Forced air unit
  • Heated Square Feet: 1,674
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUB RIO RICO
  • Land Acres: 0.82
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: SUB RIO RICO RANCHETTES UNIT NO.5 LOT 16 OF BLK 62

Ownership

  • Current Owner : KING HOWARD
  • Previous Owner : BRIX DELIA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Santa Cruz Valley Unified District
  • Census Tract: 966107

Geography

  • Assessors Map Reference: PM 116-07
  • Account Number: R000027541
  • Parcel: 116-07-198
  • Block: 62
  • Lot: 16
  • Meridian: SEC 17 TWN 23S RNG 13E
  • Latitude: 31.4321
  • Longitude: -111.039

    Address

  • Full Address: 976 Arco Ln
  • Address - House Number: 976
  • Address - Street Name: Arco
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Rio Rico
  • Carrier Code: R004
  • 4-Digit Zip Code: 1200
  • Zip Code: 85648

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,887
  • Tax Rate Code Area: 3502

    Appraisal Valuation

  • Standard Deviation: 0.2146
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 307,715
  • High Value: 373,767
  • Low Value: 241,663

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Dec 07, 2021
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $161,373
  • Market Land Value: $4,100
  • Market Improvement Value: $157,273

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,137
  • Assessed Land Value: $410
  • Assessed Improvements Value: $15,727

    Sales

  • Current Sale Contract Date: Dec 06, 2021
  • Current Sale Recording Date: Dec 07, 2021
  • Current Sale Transaction ID: 11872953729
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-10553

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Dec 07, 2021
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2052

About Rio Rico



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 976 Arco Lane located in?
The 976 Arco Lane is a located in the neighborhood of Santa Cruz in Rio Rico, Rio Rico.
What is the average sales price for listings in 976 Arco Lane?
The average sales price for units in 976 Arco Lane is $0 currently.

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