NOT LISTED FOR SALE

12544 N Red Sky Ct Unit 2 Fountain Hills, AZ 85268

Estimated Value: $2,883,813 - $3,613,000

0.84 Acre
$3,813,337 Price per Acre
36,590 Sq Ft Lot

Last Sold April 10, 2015

Last sale price $165,000

Est. 1,841% increase in value since last sale

Current estimated payment $17,738/month

93 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • Cul-De-Sac
  • Fountain Hills Middle School Rated A-
  • 0.84 Acre Lot

About This Lot

As of April 2015

Another HUGE PRICE REDUCTION!! Appraisal at $185K. Land purchased for $450K. THIS IS A STEAL! Stunning Mountain side home site of your future home. 180 Degree views of the city, mountain and city lights. Desired pie shaped lot (.84 acre) in a gated community with homes over $1M in the subdivision. This home site has view of Scottsdale and Phoenix and is located in Fountain Hills. This is the last lot available for new construction in cul-de-sac within this community. LOWEST PRICE IN EAGLE RIDGE FOR A LOT WITH THESE VIEWS. SITE PLAN is available upon request. Check out the video as well.

Last Agent to Sell the Property

Brooke Martin

Compass Point Realty License #BR568467000 Listed on: 12/06/2014

Compass Point Realty

Last Buyer's Agent

Kimberly Ortiz

Realty ONE Group License #BR539221000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,774

Lot Details

  • 0.84 Acre Lot
  • Cul-De-Sac
  • Property is zoned R1-7

HOA Fees

  • $84 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

  • Foothills Elementary School - Glendale
  • Fountain Hills High Middle School
  • Fountain Hills High School

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 176-14-477

Community Details

Overview

  • First Service Association, Phone Number (480) 551-4300
  • Eagle Ridge Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,774

Lot Details

0

HOA Fees

$84 per month

Listing Details

  • Cross Street: PaIIisades & Eagle Ridge
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R1-7
  • Tax Year: 2014
  • Directions: PALLISADES AND EAGLE RIDGLE DRIVE GO THROUGH GATE. DRIVE TO TOP OF THE HILL THEN TURN RIGHT. THEN 1ST LEFT TO END OF CUL-DE-SAC.
  • Lot Size Acres: 0.84
  • Road Surface Type: Asphalt
  • Subdivision Name: Eagle Ridge
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Lot Features: Cul-De-Sac, City Light View(s), Mountain View(s), Gated Community
  • Disclosures: Boundary Survey Avlb
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 252.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 480-551-4300
  • HOA Transfer Fee: 400.0
  • Association Fee: 252.0
  • Association Fee Frequency: Quarterly
  • Association Name: First Service
  • Phone: 480-551-4300
  • Association: Yes

Schools

  • Elementary School: Foothills Elementary School - Glendale
  • High School: Fountain Hills High School
  • Middle Or Junior School: Fountain Hills High School

Lot Info

  • Lot Size: .84 acre
  • Lot Size Sq Ft: 38700.0
  • Additional Parcels: No
  • Parcel #: 176-14-477
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1774.0
  • Tax Book Number: 176.00
  • Tax Lot: 2
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2018
Sold by
Picasso Homes And Development Inc
Bought by
Zapar Ronald J and Zapar Cecelia M
Current Estimated Value
$3,203,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$1,149,629
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,053,574

Purchase Details

Listed on
Dec 6, 2014
Closed on
Apr 6, 2015
Sold by
Martin Arnold A
Bought by
Picasso Homes & Development Inc
Seller's Agent
Brooke Martin
Compass Point Realty
Buyer's Agent
Kimberly Ortiz
Realty ONE Group
List Price
$225,000
Sold Price
$165,000
Premium/Discount to List
-$60,000
-26.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.53%

Purchase Details

Closed on
Aug 13, 2007
Sold by
Martin Arnold A and Martin Georgina
Bought by
Martin Arnold A and Martin Georgina

Purchase Details

Closed on
Jun 23, 2005
Sold by
D3g Llc
Bought by
Martin Arnold A and Martin Georgina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 2, 2005
Sold by
Roth David and Roth Gena
Bought by
D3g Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 25, 2004
Sold by
Eagleridge At Fountain Hills Llc
Bought by
Roth David and Roth Gena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,225
Interest Rate
5.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zapar Ronald J $1,800,000 Empire West Title Agency Llc
Picasso Homes & Development Inc $165,000 Security Title Agency
Martin Arnold A -- Grand Canyon Title Agency
Martin Arnold A $450,000 Dhi Title Of Arizona Inc
D3g Llc -- Dhi Title Of Arizona Inc
Roth David $280,250 First American Title Ins Co
Roth David $280,250 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zapar Ronald J $1,350,000
Previous Owner Martin Arnold A $110,000
Previous Owner Roth David $252,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2015 04/10/15 Sold $165,000 -26.7% --
03/08/2015 03/08/15 Pending -- -- --
12/05/2014 12/05/14 For Sale $225,000 -- --
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 $8,054 $117,154 -- --
2024 $7,526 $111,576 -- --
2023 $7,526 $177,450 $35,490 $141,960
2022 $7,264 $133,780 $26,750 $107,030
2021 $7,868 $125,000 $25,000 $100,000
2020 $7,713 $122,900 $24,580 $98,320
2019 $7,500 $121,420 $24,280 $97,140
2018 $1,632 $29,955 $29,955 $0
2017 $1,567 $35,775 $35,775 $0
2016 $1,393 $41,820 $41,820 $0
2015 $1,525 $42,832 $42,832 $0
Source: Public Records

Agents Affiliated with this Home

  • Brooke Martin

    Seller's Agent in 2015

    Brooke Martin

    Compass Point Realty

    (480) 235-0024

    1 in this area

    26 Total Sales

    Brooke Martin
    Section Image
  • Kimberly Ortiz

    Buyer's Agent in 2015

    Kimberly Ortiz

    Realty One Group

    (602) 413-8098

    8 in this area

    57 Total Sales

    Kimberly Ortiz
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5208011

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-14-477

Arizona Maricopa County Fountain Hills 85259

12544 N Red Sky Ct Unit 2, Fountain Hills, AZ

This home is located at 12544 N Red Sky Ct Unit 2, Fountain Hills, AZ 85268 since 06 December 2014 and is currently estimated at $3,203,203. 12544 N Red Sky Ct Unit 2 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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