Most-expensive home gains value in The Lakes

The most expensive home sold in Maricopa from March 16 through April 15 was a lakeside, two-story home that is just 6 years old. It sold for $42,000 more than its previous sale price in 2014. With five bedrooms and a three-car garage, its original asking price was $349,900. It was on the market more than three months.

1. 40946 W. Desert Fairways Drive, The Lakes at Rancho El Dorado

Sold: March 27
Purchase price: $342,000
Square footage: 3,656
Price per square foot: $93.54
Days on market: 95
Builder: Unknown
Year built: 2013
Bedrooms: 5
Bathrooms: 4
Community: The Lakes at Rancho El Dorado
Features: Easy access to fishing lake, oversized kitchen, full master suite, upstairs loft, granite countertops
Listing Agent: Kelly Cook, Keller Williams Arizona Realty
Selling Agent: Ninos Lazar, Investar Real Estate Specialist

2. 43995 W. Adobe Circle, Cobblestone Farms ………………………… $325,000
3. 20450 N. Lauren Road, Homestead North ……………………………. $305,000
4. 40840 W. Wade Drive, The Lakes at Rancho El Dorado ………… $305,000
5. 19343 N. Ventana Lane, Glennwilde …………………………………….. $303,000
   

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   This item appears in the May issue of InMaricopa.