$285,000
SOLD MAY 20, 2025

12851 N Mimosa Dr Unit 102 Fountain Hills, AZ 85268

2 Beds
2.5 Baths
1,140 Sq Ft
$350/mo HOA Fee

Recently Sold

$250 Per Sq Ft

4% Below List Price

91 Days on Market

Highlights

  • Heated Spa
  • Two Primary Bathrooms
  • Spanish Architecture
  • Fountain Hills Middle School Rated A-
  • Mountain View
  • Granite Countertops

About This Home

As of May 2025

Welcome to this charming townhouse-style condominium nestled in an intimate 4-unit complex! This well-designed home features two primary suites, each offering privacy and comfort. The first floor boasts a convenient powder room, while the cozy fireplace adds warmth to the inviting, open, living space. Step out onto the 2nd floor balcony, where you can enjoy mountain views. Take advantage of the extra storage closet and substantial under stairs storage for keeping seasonal items or outdoor gear organized.
Enjoy easy access to relaxation with the heated community pool and spa just steps away. Conveniently located, this home is just 0.7 miles from Safeway and 1.4 miles from Fountain Park, placing shopping, dining, and recreation within easy reach. As an added bonus, the seller is including a home warranty, providing peace of mind for your first year in this lovely home.

Last Agent to Sell the Property

Micky Parker

Coldwell Banker Realty License #BR008543000 Listed on: 01/24/2025

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $828

Year Built

  • Built in 1985

Lot Details

  • 577 Sq Ft Lot
  • Two or More Common Walls
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Sprinklers on Timer

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,140 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Solar Screens
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Parking

  • 1 Open Parking Space
  • Shared Driveway
  • Assigned Parking

Outdoor Features

  • Heated Spa
  • Balcony
  • Covered patio or porch
  • Outdoor Storage

Schools

  • Mcdowell Mountain Elementary School
  • Fountain Hills Middle School
  • Fountain Hills High School

Utilities

  • Cooling System Updated in 2024
  • Central Air
  • Heating Available
  • Plumbing System Updated in 2024
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 102
  • Assessor Parcel Number 176-05-747

Community Details

Overview

  • Association fees include roof repair, insurance, pest control, ground maintenance, trash, roof replacement, maintenance exterior
  • Valley View Condos Association, Phone Number (602) 803-0192
  • Valley View Condo Lot 101 104 Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$828

Year Built

Built in 1985

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Cross Street: El Lago
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Condominium
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 350.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2018
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2024
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2014
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2024
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2020
  • Parking Spaces Slab Parking Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2024
  • Directions: From Shea Blvd, N on Fountain Hills Blvd, left on El Lago, left on Mimosa to property on the Left.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.01
  • Subdivision Name: VALLEY VIEW CONDO LOT 101-104
  • Architectural Style: Spanish
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 350.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Upstairs, Breakfast Bar, Pantry, 2 Master Baths, Full Bth Master Bdrm
  • Living Area: 1140.0
  • Stories: 2
  • Window Features: Solar Screens
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Storage
  • Lot Features: Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Common Walls: Two Common Walls
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Parking Features: Assigned, Shared Driveway
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Shared Driveway: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd
  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association Name: Valley View Condos
  • Phone: 602-803-0192
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Valley View Condos
  • Association Fees:HOA Telephone4: 602-803-0192
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Pest Control, Maintenance Grounds, Trash, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: McDowell Mountain Elementary School
  • 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: 577.0
  • Parcel #: 176-05-747

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 828.0
  • Tax Book Number: 176.00
  • Tax Lot: 102
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2015
Sold by
Terzian Charles and Terzian Helen Louie
Bought by
Charles G Terzian Revocable Trust

Purchase Details

Closed on
May 3, 2000
Sold by
Sheely Cynthia
Bought by
Terzian Charles and Terzian Helen Louise

Purchase Details

Closed on
Jul 22, 1997
Sold by
Terzian Charles
Bought by
Sheely Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 1997
Sold by
Gould Deborah L
Bought by
Terzian Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 1995
Sold by
Fairchild John W and Fairchild Dolores V
Bought by
Gould Roger E and Gould Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,800
Interest Rate
8.6%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $97,500 Security Title Agency
Warranty Deed $102,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $78,000 New Conventional
Previous Owner $91,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $285,000 -4.4% $250 / Sq Ft
04/25/2025 04/25/25 Pending -- -- --
01/24/2025 01/24/25 For Sale $298,000 -- $261 / 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 $828 $13,828 -- --
2024 $765 $13,170 -- --
2023 $765 $22,010 $4,400 $17,610
2022 $749 $17,700 $3,540 $14,160
2021 $814 $16,380 $3,270 $13,110
2020 $799 $15,500 $3,100 $12,400
2019 $813 $12,830 $2,560 $10,270
2018 $810 $12,980 $2,590 $10,390
2017 $779 $11,750 $2,350 $9,400
2016 $771 $12,270 $2,450 $9,820
2015 $714 $9,810 $1,960 $7,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6809988

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-05-747