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12227 Lobo Dr

Arizona City, AZ 85123

3 bd 2 ba 1,197 sqft Built 1978 Lot 8,409 sqft single_family
Most recent sale
$249,000
Mar 29, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2024 Sold $249,000 ArizonaRegionalMLS
Mar 1, 2024 Price changed $249,000 ArizonaRegionalMLS
Jan 19, 2024 Listed $249,500 ArizonaRegionalMLS
Sep 15, 2023 Sold $165,000 Public Record
Aug 2, 2022 Listing removed ArizonaRegionalMLS
Jun 17, 2022 Price changed $253,000 MLS #6404579
May 23, 2022 Listed $255,000 MLS #6404579
Oct 12, 2018 Sold $132,000 MLS #5817124
Sep 7, 2018 Listed $132,000 MLS #5817124
May 2, 2014 Sold $44,500 Public Record
Mar 25, 2014 Listing removed $53,500 ArizonaRegionalMLS
Mar 4, 2014 Listed $53,500 MLS #5079085
Oct 8, 1987 Sold $44,000 Public Record
Feb 26, 1982 Sold $45,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $11,274 $1,682 $12,956 $563
2023 $9,301 $925 $10,226 $543
2022 $5,983 $462 $6,445 $527
2021 $5,983 $462 $6,445 $548
2020 $5,891 $479 $6,371 $531
2019 $4,774 $389 $5,162 $506
2018 $4,774 $389 $5,162 $546
2017 $3,982 $450 $4,432 $556
2016 $3,460 $500 $3,960 $607
2015 $3,488 $500 $3,988 $482
2014 $3,539 $500 $4,039 $448
2013 $2,272 $340 $2,612 $461
2012 $2,227 $400 $2,627 $434
2011 $2,227 $500 $2,727 $521
2010 $4,834 $1,000 $5,834 $813
2009 $4,834 $1,000 $5,834 $1,039
2008 $6,162 $2,000 $8,162 $1,129
2007 $6,567 $2,800 $9,367 $1,040

Property facts

Year built
1978
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,197 sqft
Lot size
8,409 sqft
ZIP code
85123
City
Arizona City
Street
Lobo Dr
Coordinates
32.75808, -111.69858

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,855
Gross rental yield
8.94%
Implied cap rate
5.81%
Trend-extrapolated value

Frequently asked questions

When did 12227 Lobo Dr last sell?
12227 Lobo Dr most recently sold on Mar 29, 2024 for $249,000.
What is the current tax assessment for 12227 Lobo Dr?
The most recent total assessment for 12227 Lobo Dr (year 2025) is $12,956 with $563 in property tax.
How does 12227 Lobo Dr's assessment compare to its last sale price?
The current assessment is 94.8% below the last sale price of $249,000.
When was 12227 Lobo Dr built?
12227 Lobo Dr was built in 1978.
How does 12227 Lobo Dr compare to others on Lobo Dr?
We track 8 other properties on Lobo Dr. Browse the list under "Other properties on Lobo Dr" to compare beds, baths, and sale history.
What are the property facts for 12227 Lobo Dr?
12227 Lobo Dr is a 3 bed, 2 bath, 1,197 sqft, 8,409 sqft lot single_family.
Is 12227 Lobo Dr a flip candidate?
Yes — 12227 Lobo Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 12227 Lobo Dr a tax-appeal candidate?
No — 12227 Lobo Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.0%
Implied 1-yr
-8.1%
2026 Q3
$162.4K
2026 Q4
$158.6K
ZIP 85123 — Median Price History + Forecast

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