NOT LISTED FOR SALE

15201 N Lorma Ln Fountain Hills, AZ 85268

Estimated Value: $1,613,000 - $1,702,157

4 Beds
4.5 Baths
3,892 Sq Ft
$424/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $1,550,000 $398 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,947/month

5 Days on Market

Highlights

  • On Golf Course
  • Heated Spa
  • 1.63 Acre Lot
  • Fountain Hills Middle School Rated A-
  • City Lights View
  • Fireplace in Primary Bedroom

About This Home

As of November 2022

One of a kind custom and extremely private home on a 1.6 acre lot with stunning mountain views. Please see upgrades in documents. As you walk through the entry gate there is a water feature and a charming front patio. As you open the front door the large windows immediately show off the mountain views. The large kitchen with updated appliances has a large island area that is perfect for entertaining. Each room has egress to the outdoors, either front or back and makes a comfortable indoor/outdoor living space. Enjoy expansive views in the private backyard with a negative edge pool. A spiral staircase leads up to a rooftop patio with incredible 360 views of all our beautiful Fountain Hills mountain ranges! The home backs up to the Sunridge golf course and a large wash. No homes can be built in the vast backyard area between this home and the golf coure. The home was designed for accommodating a handicap occupant in the NW bedroom, see remarks in upgrades regarding the custom cable system design.

Last Agent to Sell the Property

Amy Ashley

Realty ONE Group License #SA535300000 Listed on: 09/21/2022

Co-Listed By

Tiffany Carlson-Richison

Realty ONE Group License #BR556807000

Last Buyer's Agent

Vibe Arizona

eXp Realty License #SA630262000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,475

Year Built

  • Built in 2000

Lot Details

  • 1.63 Acre Lot
  • On Golf Course
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 3,892 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • Double Pane Windows
  • Roller Shields
  • Solar Screens
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Floors Updated in 2022
  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Fire Sprinkler System

Accessible Home Design

  • Roll-in Shower
  • Accessible Hallway
  • Pool Ramp Entry
  • Doors are 32 inches wide or more
  • No Interior Steps
  • Multiple Entries or Exits
  • Stepless Entry

Pool

  • Pool Updated in 2022
  • Heated Spa
  • Heated Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Fountain Hills High Elementary And Middle School
  • Fountain Hills High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Propane
  • Water Filtration System
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 87
  • Assessor Parcel Number 176-17-486

Community Details

Overview

  • Association fees include ground maintenance
  • First Service Resid. Association, Phone Number (480) 551-4300
  • Fountain Hills Az Fp 508 Repl 1 88 A,B Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,475

Year Built

Built in 2000

Lot Details

0

HOA Fees

$19 per month

Parking

3

Listing Details

  • Cross Street: Sierra Madre
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 18.75
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2022
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2018
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2022
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2000
  • Spa Private: Yes
  • Tax Year: 2022
  • Directions: From Shea and Palisades go north on Palisades, go left on Golden Eagle Blvd, go left on Sierra Madre, then left on Lorma Ln.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.63
  • Co List Office Mls Id: reog01
  • Co List Office Phone: 480-315-1240
  • Subdivision Name: FOUNTAIN HILLS AZ FP 508 REPL 1-88 A,B
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Multi-Zones, Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 225.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Utilities Butane Propane: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: None, Heated, Private
  • Accessibility Features: Accessible Door 32in+ Wide, Zero-Grade Entry, Pool Ramp Entry, Mltpl Entries/Exits, Bath Roll-In Shower, Accessible Hallway(s)
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Physcl Chlgd (SRmks), Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Drink Wtr Filter Sys, Fire Sprinklers, No Interior Steps, Roller Shields, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 3892.0
  • Stories: 1
  • Window Features: Mechanical Sun Shds, Skylight(s), Double Pane Windows
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Patio, Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, On Golf Course, Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Fenced, Heated, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Seller Discl Avail
  • Common Walls: No Common Walls
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes

Utilities

  • Utilities: Propane
  • Cooling: Refrigeration
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Amenities: Management
  • Association Fee: 225.0
  • Association Fee Frequency: Annually
  • Association Name: First Service Resid.
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 155.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: First Service Resid.
  • Association Fees:HOA Telephone4: 480-551-4300
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 225.0
  • Association Fees:Disclosure Fees HOA: 155.0
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Fountain Hills High School
  • 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: 71142.0
  • Parcel #: 176-17-486
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: NA

Tax Info

  • Tax Annual Amount: 4475.0
  • Tax Book Number: 176.00
  • Tax Lot: 87
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Nov 17, 2022
Sold by
Williams Denison L
Bought by
Webster/Ravarino Trust
Seller's Agent
Amy Ashley
Realty ONE Group
Buyer's Agent
Vibe Arizona
eXp Realty
List Price
$1,499,999
Sold Price
$1,550,000
Premium/Discount to List
$50,001
3.33%
Views
51
Current Estimated Value
$1,614,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,469
Avg. Annual Appreciation
2.12%

Purchase Details

Closed on
Sep 4, 2018
Sold by
Williams Denison L and Walkington Patricia A
Bought by
Williams Denison L and Walkington Patricia A

Purchase Details

Closed on
Mar 11, 2014
Sold by
Leech William D and Leech Margaret Ann
Bought by
Williams Denison L and Walkington Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2001
Sold by
Leech William D
Bought by
Leech William D and Leech Margaret Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.84%

Purchase Details

Closed on
Nov 10, 1995
Sold by
Bonafide Richard B and Bonafide Julie Ann
Bought by
Leech William D and Leech Margaret Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
7.48%
Mortgage Type
New Conventional
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
Webster/Ravarino Trust $1,550,000 American Title Services
Williams Denison L -- None Available
Williams Denison L $950,000 First American Title Ins Co
Leech William D -- Title Guaranty Agency Arizon
Leech William D -- Title Guaranty Agency Arizon
Leech William D $125,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Denison L $712,500
Previous Owner Leech William D $417,000
Previous Owner Leech William D $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2022 11/17/22 Sold $1,550,000 +3.3% $398 / Sq Ft
09/25/2022 09/25/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $1,499,999 +57.9% $385 / Sq Ft
05/12/2014 05/12/14 Sold $950,000 -4.9% $244 / Sq Ft View Prior Sale
03/06/2014 03/06/14 Pending -- -- --
01/20/2014 01/20/14 Price Changed $998,500 -9.2% $257 / Sq Ft
09/16/2013 09/16/13 For Sale $1,100,000 -- $283 / 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 $5,536 $95,988 -- --
2024 $5,312 $63,932 -- --
2023 $5,312 $106,820 $21,360 $85,460
2022 $4,475 $86,080 $17,210 $68,870
2021 $4,947 $83,910 $16,780 $67,130
2020 $4,861 $78,660 $15,730 $62,930
2019 $4,977 $79,370 $15,870 $63,500
2018 $4,954 $76,600 $15,320 $61,280
2017 $4,754 $72,310 $14,460 $57,850
2016 $4,074 $72,750 $14,550 $58,200
2015 $4,396 $70,420 $14,080 $56,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6466667

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-17-486