NOT LISTED FOR SALE

12416 N Cloud Crest Trail Unit 6 Fountain Hills, AZ 85268

Estimated Value: $3,608,000 - $4,063,805

0.88 Acre
$4,333,751 Price per Acre
38,333 Sq Ft Lot

Last Sold September 12, 2018

Last sale price $235,000

Est. 1,523% increase in value since last sale

Current estimated payment $20,982/month

678 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • 0.88 Acre Lot
  • Fountain Hills Middle School Rated A-

About This Lot

As of September 2018

Spectacular views with Red Mountain and Goldfields out of the front and the rear view offers McDowell Mountains and some of the best city light views you can find. Located in Eagle Ridge a newer custom home development with only 65 lots inside the gated community. The lot is a easy build with homes already built on both sides. Lot has engineering with a full set of plans for 4,800 sf home.

Last Agent to Sell the Property

Gary & Maureen Glunz

MCO Realty License #SA031074000 Listed on: 10/03/2016

Last Buyer's Agent

Kayvan Sanaiha

Realty ONE Group License #SA633756000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,590

Lot Details

  • 0.88 Acre Lot

HOA Fees

  • $84 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

  • Four Peaks Elementary School - Fountain Hills
  • Fountain Hills Middle School
  • Fountain Hills High School

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 176-14-481

Community Details

Overview

  • 1St Service Resident Association, Phone Number (480) 551-4203
  • Eagle Ridge At Fountain Hills Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,590

Lot Details

0

HOA Fees

$84 per month

Listing Details

  • Cross Street: Palisades Blvd & Eagle Ridge Drive
  • Legal Info Range: 6E
  • Property Type: Land
  • Zoning: Residential
  • Tax Year: 2015
  • Directions: Palisades Blvd to Eagle Ridge Drive thru gates to lot on right side
  • Lot Size Acres: 0.88
  • Co List Office Mls Id: mcoa04
  • Co List Office Phone: 480-837-9885
  • Subdivision Name: EAGLE RIDGE AT FOUNTAIN HILLS
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: City Light View(s), Mountain View(s), Gated Community
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: Private Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 252.5
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 480-551-4203
  • HOA Transfer Fee: 400.0
  • Association Fee: 252.5
  • Association Fee Frequency: Quarterly
  • Association Name: 1st Service Resident
  • Phone: 480-551-4203
  • Association: Yes

Schools

  • Elementary School: Four Peaks Elementary School - Fountain Hills
  • High School: Fountain Hills High School
  • Middle Or Junior School: Fountain Hills Middle School

Lot Info

  • Lot Size: irreg
  • Lot Size Sq Ft: 38451.0
  • Additional Parcels: No
  • Parcel #: 176-14-481
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1590.0
  • Tax Book Number: 176.00
  • Tax Lot: 6
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2023
Sold by
Picasso Homes And Development Inc
Bought by
Joseph D Lee Revocable Trust
Current Estimated Value
$3,813,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Outstanding Balance
$2,130,587
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$1,683,114

Purchase Details

Listed on
Oct 3, 2016
Closed on
Sep 7, 2018
Sold by
Mckenzie Gordon C and Mckenzie Rhonda G
Bought by
Picasso Homes And Development Inc
Seller's Agent
Gary & Maureen Glunz
MCO Realty
Buyer's Agent
Kayvan Sanaiha
Realty ONE Group
List Price
$269,000
Sold Price
$235,000
Premium/Discount to List
-$34,000
-12.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.23%

Purchase Details

Closed on
Aug 18, 2006
Sold by
Platinum Property Investments Llc
Bought by
Mckenzie Gordon C and Mckenzie Rhonda G

Purchase Details

Closed on
Nov 29, 2004
Sold by
Sinclair Bradley Ann
Bought by
Platinum Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2004
Sold by
Eagleridge At Fountain Hills Llc
Bought by
Sinclair Bradley Alan and Sinclair Keely Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,687
Interest Rate
5.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Joseph D Lee Revocable Trust $3,807,303 Empire Title Services
Picasso Homes And Development Inc $235,000 Empire West Title Agency Llc
Mckenzie Gordon C $475,000 Transnation Title Ins Co
Platinum Property Investments Llc $335,904 Lawyers Title Ins
Sinclair Bradley Alan $318,250 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph D Lee Revocable Trust $2,200,000
Previous Owner Platinum Property Investments Llc $256,000
Previous Owner Sinclair Bradley Alan $238,687
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2018 09/12/18 Sold $235,000 -12.6% --
10/01/2016 10/01/16 For Sale $269,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,856 $140,628 -- --
2024 $1,727 $133,931 -- --
2023 $1,727 $40,275 $40,275 $0
2022 $1,667 $32,385 $32,385 $0
2021 $1,805 $30,420 $30,420 $0
2020 $1,770 $27,585 $27,585 $0
2019 $1,721 $28,425 $28,425 $0
2018 $1,703 $30,840 $30,840 $0
2017 $1,635 $36,840 $36,840 $0
2016 $1,453 $42,960 $42,960 $0
2015 $1,590 $44,160 $44,160 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Gary & Maureen Glunz

    MCO Realty

    Section Image

  • K

    Buyer's Agent in 2018

    Kayvan Sanaiha

    Realty One Group

    6 Total Sales

    Kayvan Sanaiha
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5505920

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-14-481

Arizona Maricopa County Fountain Hills 85259

12416 N Cloud Crest Trail Unit 6, Fountain Hills, AZ

This home is located at 12416 N Cloud Crest Trail Unit 6, Fountain Hills, AZ 85268 since 03 October 2016 and is currently estimated at $3,813,701. 12416 N Cloud Crest Trail Unit 6 is a home located in Maricopa County with nearby schools including McDowell Mountain Elementary School, Fountain Hills Middle School, and BASIS Scottsdale Primary – East Campus.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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