NOT LISTED FOR SALE

12641 N Mimosa Dr Unit 3 Fountain Hills, AZ 85268

Estimated Value: $524,000 - $584,000

2 Beds
3 Baths
2,249 Sq Ft
$244/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $240,000 $107 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $3,081/month

46 Days on Market

Highlights

  • Santa Fe Architecture
  • Granite Countertops
  • Skylights
  • Fountain Hills Middle School Rated A-
  • Private Yard
  • Oversized Parking

About This Home

As of July 2018

Original owner! Gorgeous curb appeal & close to all that Town Center offers! Spacious single level town home. Unique, rare bonus ''Casita'' offers possible bedroom, office/den/workout or hobby room with its own Kitchenette & Bathroom located behind the garage bays. Main living area showcases large Great Room opening to Chef's Kitchen complete with breakfast bar & lots of cabinets for storage. Family Room complete with Wet Bar & access to backyard. Master Bedroom has built-in desk & entertainment center, double sinks & walk-in shower. Private & Tranquil Back Yard have a beautiful water feature, large patio area & mature landscaping. Oversized 2 car garage with extra storage area & workbench. Seller is offering a 1 Yr Home Warranty. Units 1 & 2 also for sale, plus this Triplex as a whole.

Last Agent to Sell the Property

Rich Madden

Realty ONE Group License #SA538666000 Listed on: 05/16/2018

Co-Listed By

Lauren Madden

Realty ONE Group License #SA677835000

Last Buyer's Agent

Joanna Wilkins

Russ Lyon Sotheby's International Realty License #SA537266000

Russ Lyon Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,528

Year Built

  • Built in 1988

Lot Details

  • 2,765 Sq Ft Lot
  • Desert faces the front and back of the property
  • Backyard Sprinklers
  • Sprinklers on Timer
  • Private Yard

Parking

  • 2 Car Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 2,249 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Solar Screens
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Patio

Community Details

  • Property has a Home Owners Association
  • Association fees include no fees, (see remarks)
  • R&R Condominiums Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 3
  • Assessor Parcel Number 176-07-834

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,528

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Fountain Hills Blvd & El Lago---
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1988
  • Tax Year: 2017
  • Directions: West on El Lago, Left on Mimosa to Home. Unit # 3 is on far right of building behind other 2 units. Please Drive past building on far right side to access unit #3.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.06
  • Co List Office Mls Id: reog01
  • Co List Office Phone: 480-315-1240
  • Subdivision Name: R&R CONDOMINIUMS
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, No Interior Steps, Full Bth Master Bdrm
  • Living Area: 2249.0
  • Stories: 1
  • Window Features: Skylight(s), Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Private Yard
  • Lot Features: Sprinklers In Rear, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Name: self
  • Phone: 0
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: self
  • Association Fees:HOA Telephone4: 0
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: No Fees, Other (See Remarks)

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2765.0
  • Parcel #: 176-07-834

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1528.0
  • Tax Book Number: 176.00
  • Tax Lot: 3
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Jul 10, 2018
Sold by
Kramer Robert John
Bought by
Vila David Irisarri and Romero Bosch Ana
Seller's Agent
Rich Madden
Realty ONE Group
Buyer's Agent
Joanna Wilkins
Russ Lyon Sotheby's International Realty
List Price
$259,900
Sold Price
$240,000
Premium/Discount to List
-$19,900
-7.66%
Current Estimated Value
$549,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,334
Avg. Annual Appreciation
12.35%
Original Mortgage
$156,000
Outstanding Balance
$136,882
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$413,620
Source: Public Records

Range of Values:

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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
Vila David Irisarri $240,000 Empire West Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vila David Irisarri $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2018 07/27/18 Sold $240,000 -7.7% $107 / Sq Ft
07/03/2018 07/03/18 For Sale $259,900 +8.3% $116 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
05/22/2018 05/22/18 Off Market $240,000 -- --
05/16/2018 05/16/18 For Sale $259,900 -- $116 / Sq Ft
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 $1,337 $30,849 -- --
2024 $1,707 $29,380 -- --
2023 $1,707 $38,500 $7,700 $30,800
2022 $1,671 $30,100 $6,020 $24,080
2021 $1,816 $28,800 $5,760 $23,040
2020 $1,782 $27,110 $5,420 $21,690
2019 $1,813 $23,150 $4,630 $18,520
2018 $1,592 $23,060 $4,610 $18,450
2017 $1,528 $20,880 $4,170 $16,710
2016 $1,677 $22,300 $4,460 $17,840
2015 $1,751 $26,810 $5,360 $21,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5767511

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-07-834