NOT LISTED FOR SALE

15018 N Rica Vida Way Fountain Hills, AZ 85268

Estimated Value: $650,000 - $747,000

3 Beds
2 Baths
2,022 Sq Ft
$347/Sq Ft Est. Value

Last Sold May 20, 2015

Last sale price $220,000 $109 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $4,007/month

173 Days on Market

Highlights

  • Private Pool
  • RV Access or Parking
  • Vaulted Ceiling
  • Fountain Hills Middle School Rated A-
  • Mountain View
  • Santa Fe Architecture

About This Home

As of May 2015

Structural / Soil Issues, can be a contractor opportunity (see documents). Single-Level, 3 Bedroom, Attractive Santa Fe Style Home with Pool & 3 Car Garage. 2022 Sq.Ft. on .24 Acre Lot. There are significant flooring and structural cracks in this home. Please work with a licensed contractor / engineer for remediation prior to making an offer.

Last Agent to Sell the Property

Jay Schlum

RE/MAX Fine Properties License #SA117644000 Listed on: 06/05/2014

RE/MAX Fine Properties

Co-Listed By

Dori Wittrig

RE/MAX Sun Properties License #BR008546000

Last Buyer's Agent

Holly Zimmermann

The Maricopa Real Estate Co License #SA646254000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,131

Year Built

  • Built in 2005

Lot Details

  • 10,533 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Private Yard
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • RV Access or Parking

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,022 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Living Room with Fireplace
  • Tile Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Fountain Hills High Middle School
  • Fountain Hills High School

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Allen West
  • Fountain Hills Az Fp 107 Subdivision

Listing and Financial Details

  • Short Sale
  • Legal Lot and Block 37 / 1018
  • Assessor Parcel Number 176-04-148

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,131

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Cross Street: El Pueblo Blvd & El Sobrante Ave
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Pool: Full
  • Legal Info Plat: 107
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2013
  • Directions: Shea Blvd to Fountain Hills Blvd N to El Pueblo Blvd E to El Sobrante Ave S to Tejon Dr E to Rica Vida Way.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.24
  • Co List Office Mls Id: slpr01
  • Co List Office Phone: 480-816-5557
  • Subdivision Name: FOUNTAIN HILLS AZ FP 107
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Special Listing Cond:Short Sale: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: 12

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2022.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Corner Lot, Desert Back, Desert Front, Grass Back
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Other (See Remarks), Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Other, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Access/Parking, RV Gate
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • 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

Fee Information

  • Association Fee Includes: No Fees

Schools

  • High School: Fountain Hills High School
  • Junior High Dist: Fountain Hills Unified District
  • Middle Or Junior School: Fountain Hills High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10533.0
  • Parcel #: 176-04-148

Building Info

  • Builder Name: Allen West

Tax Info

  • Tax Annual Amount: 2131.26
  • Tax Block: 1018
  • Tax Book Number: 176.00
  • Tax Lot: 37
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2014
Closed on
Apr 28, 2015
Sold by
Russo Edith H and Russo Charles J
Bought by
Otterdahl David and Otterdahl Cindy
Seller's Agent
Jay Schlum
RE/MAX Fine Properties
Buyer's Agent
Holly Zimmermann
The Maricopa Real Estate Co
List Price
$249,900
Sold Price
$220,000
Premium/Discount to List
-$29,900
-11.96%
Current Estimated Value
$720,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,139
Avg. Annual Appreciation
11.74%

Purchase Details

Closed on
Sep 21, 2007
Sold by
Wakelin Todd A
Bought by
Russo Edith H and Russo Charles J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
7.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2006
Sold by
Lunsford Jessica
Bought by
Wakelin Todd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2005
Sold by
Figurski John R
Bought by
Wakelin Todd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
1.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2005
Sold by
Jacobs Stephen A and Jacobs Marie C
Bought by
Figurski John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
1.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2004
Sold by
Carini Joseph B and Carini Barbara F
Bought by
Jacobs Stephen A and Jacobs Marie C
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
Otterdahl David $220,000 First American Title Ins Co
Russo Edith H $490,000 The Talon Group Baseline
Wakelin Todd A -- Chicago Title Insurance Co
Wakelin Todd A $437,500 First American Title Ins Co
Figurski John R $330,000 First American Title Ins Co
Jacobs Stephen A $82,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russo Edith H $392,000
Previous Owner Wakelin Todd A $164,000
Previous Owner Wakelin Todd A $350,000
Closed Wakelin Todd A $43,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2015 05/20/15 Sold $220,000 -12.0% $109 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $249,900 -- $124 / 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 $2,758 $47,825 -- --
2024 $2,647 $45,547 -- --
2023 $2,647 $53,550 $10,710 $42,840
2022 $2,590 $42,600 $8,520 $34,080
2021 $2,815 $39,800 $7,960 $31,840
2020 $2,762 $38,000 $7,600 $30,400
2019 $2,811 $36,400 $7,280 $29,120
2018 $2,799 $35,770 $7,150 $28,620
2017 $2,695 $35,320 $7,060 $28,260
2016 $2,668 $34,770 $6,950 $27,820
2015 $2,468 $33,080 $6,610 $26,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5126216

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-04-148