NOT LISTED FOR SALE

15209 N Lorma Ln Fountain Hills, AZ 85268

Estimated Value: $1,935,000 - $2,651,906

6 Beds
7 Baths
7,147 Sq Ft
$327/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $650,000 $91 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $13,299/month

186 Days on Market

Highlights

  • Play Pool
  • 0.99 Acre Lot
  • Mountain View
  • Fountain Hills Middle School Rated A-
  • Two Primary Bathrooms
  • Spanish Architecture

About This Home

As of October 2012

LOOKING FOR A 2 FAMILY CUSTOM ESTATE-THIS IS IT! WEST WING IS COMPLETE HOME W/GRANITE & ROSE CHERRY WOOD KITCHEN. FRML DINING, MSTR SUITE W/SITTING RM. 4 BRS CONNECT TO COURTYARDS & PATIOS EAST WING LOVELY. HUGE GREATROOM, CURVED KITCHEN, 2/3BR WOODWORK THRU OUT. WINGS CONNECT TO POOL/SPA AREA. LOFT READING ROOM PROVIDES A GRAND ENTRYWAY & SEPERATION PLENTY OF ROOM ON LOT TO PUT MORE OR KIDS AREA.

Last Agent to Sell the Property

Paul Kelleher

Kelleher Realty & Associates License #BR541956000 Listed on: 02/28/2012

Co-Listed By

Wendy Kelleher

Kelleher Realty & Associates License #SA586175000

Last Buyer's Agent

Katarina Convery

HomeSmart License #SA534390000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,324

Year Built

  • Built in 1992

Lot Details

  • 0.99 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 7,147 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 3 Fireplaces
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 7 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Intercom

Pool

  • Play Pool
  • Heated Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Cable TV Available

Community Details

  • Association fees include (see remarks)
  • Rossmar Grham Association, Phone Number (480) 551-4300
  • North Heights Subdivision

Listing and Financial Details

  • Tax Lot 88
  • Assessor Parcel Number 176-17-487

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,324

Year Built

Built in 1992

Lot Details

0

HOA Fees

$21 per month

Parking

3

Listing Details

  • Cross Street: Golden Eagle & Sierra Madre
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 20.83
  • Basement: N
  • Updated Pool: Full
  • Parking Spaces Total Covered Spaces: 3.0
  • Year Built: 1992
  • Spa Private: Yes
  • Tax Year: 2011
  • Directions: SHEA TO PALISADES BLVD/N TO SUNRIDGE Directions: TO GOLDEN EAGLE/LEFT TO SIERRA MADRE TO LORMA. LEFT TO LARGE ESTATE
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.99
  • Co List Office Mls Id: krea01
  • Co List Office Phone: 480-242-3265
  • Subdivision Name: North Heights
  • Architectural Style: Spanish
  • Efficiency: Multi-Pane Wndws, Multi-Zones
  • Association Fees:HOA Fee2: 250.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 8
  • Total Bedrooms: 6
  • Fireplace Features: 3+ Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Intercom, Kitchen Island, Pantry, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 7147.0
  • Stories: 1
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Patio, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Cul-De-Sac
  • Pool Features: Play Pool, Heated, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener, Separate Strge Area, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association Name: Rossmar Grham
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 375.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Rossmar Grham
  • Association Fees:HOA Telephone4: 480-551-4300
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

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: 43000.0
  • Parcel #: 176-17-487
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 6324.0
  • Tax Book Number: 176.00
  • Tax Lot: 88
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2012
Closed on
Sep 10, 2012
Sold by
Chase Bank National Association
Bought by
Corless Stephanie M and Doctorman Hugh W
Seller's Agent
Paul Kelleher
Kelleher Realty & Associates
Buyer's Agent
Katarina Convery
HomeSmart
List Price
$866,250
Sold Price
$650,000
Premium/Discount to List
-$216,250
-24.96%
Current Estimated Value
$2,410,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,760,410
Avg. Annual Appreciation
10.36%
Original Mortgage
$417,000
Outstanding Balance
$287,593
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$2,052,634

Purchase Details

Closed on
Sep 27, 2011
Sold by
Craft Timothy A and Craft Donald C
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Mar 7, 2006
Sold by
Craft Timothy A and Craft Donald C
Bought by
Craft Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,250
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 31, 2005
Sold by
Craft Anna Marie
Bought by
Craft Donald C

Purchase Details

Closed on
Mar 30, 2004
Sold by
Shefik Robert R and Shefik Valerie A
Bought by
Craft Timothy A and Craft Donald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 24, 2002
Sold by
Galluccio Phyllis
Bought by
Shefik Robert R and Valerie Shefik A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2002
Sold by
Galluccio Phyllis
Bought by
Galluccio Phyllis and J G Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2002
Sold by
Galluccio Phyllis
Bought by
Galluccio Phyllis and The Phyllis Galluccio Living Trust
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
Corless Stephanie M $650,000 Lawyers Title Of Arizona Inc
Jpmorgan Chase Bank National Association $749,000 Accommodation
Craft Timothy -- First American Title Ins Co
Craft Donald C -- Stewart Title & Trust Of Pho
Craft Timothy A $890,000 Stewart Title & Trust Of Pho
Shefik Robert R $725,000 First American Title Ins Co
Galluccio Phyllis -- First American Title Ins Co
Galluccio Phyllis -- --
Galluccio Phyllis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corless Stephanie M $417,000
Previous Owner Craft Timothy $172,250
Previous Owner Craft Timothy A $650,000
Previous Owner Shefik Robert R $580,000
Closed Craft Timothy A $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2012 10/31/12 Sold $650,000 -3.9% $91 / Sq Ft
09/01/2012 09/01/12 Pending -- -- --
06/21/2012 06/21/12 Price Changed $676,500 -5.1% $95 / Sq Ft
05/26/2012 05/26/12 Price Changed $712,500 -5.0% $100 / Sq Ft
05/02/2012 05/02/12 Price Changed $750,000 -8.9% $105 / Sq Ft
03/29/2012 03/29/12 Price Changed $822,940 -5.0% $115 / Sq Ft
02/28/2012 02/28/12 For Sale $866,250 -- $121 / 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 $7,631 $147,204 -- --
2024 $7,416 $140,194 -- --
2023 $7,416 $157,760 $31,550 $126,210
2022 $7,182 $127,160 $25,430 $101,730
2021 $7,875 $124,070 $24,810 $99,260
2020 $7,792 $117,530 $23,500 $94,030
2019 $7,921 $117,860 $23,570 $94,290
2018 $7,859 $113,430 $22,680 $90,750
2017 $7,500 $104,810 $20,960 $83,850
2016 $6,582 $102,720 $20,540 $82,180
2015 $6,958 $102,960 $20,590 $82,370
Source: Public Records

Agents Affiliated with this Home

  • Paul Kelleher

    Seller's Agent in 2012

    Paul Kelleher

    Kelleher Realty & Associates

    (480) 242-3265

    61 in this area

    66 Total Sales

    Paul Kelleher
    Section Image
  • Wendy Kelleher

    Seller Co-Listing Agent in 2012

    Wendy Kelleher

    Kelleher Realty & Associates

    (480) 242-3034

    62 in this area

    67 Total Sales

    Wendy Kelleher
    Section Image

  • K

    Buyer's Agent in 2012

    Katarina Convery

    HomeSmart

    (480) 215-1622

    2 in this area

    5 Total Sales

    Katarina Convery
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4722725

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-17-487

Arizona Maricopa County Fountain Hills 85268

15209 N Lorma Ln, Fountain Hills, AZ

This home is located at 15209 N Lorma Ln, Fountain Hills, AZ 85268 since 28 February 2012 and is currently estimated at $2,340,227, approximately $327 per square foot. This property was built in 1992. 15209 N Lorma Ln is a home located in Maricopa County with nearby schools including McDowell Mountain Elementary School and Fountain Hills Middle School.

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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