$490,000
SOLD MAR 14, 2025

15326 E Mustang Dr Fountain Hills, AZ 85268

2 Beds
2 Baths
1,832 Sq Ft
0.26 Acres

Recently Sold

$267 Per Sq Ft

18% Below List Price

55 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • 1 Fireplace
  • Fountain Hills Middle School Rated A-
  • Santa Fe Architecture
  • Corner Lot

About This Home

As of March 2025

Location/Location plus Views/Views! This well-lived in home may need some love & updates but the possibilities are endless. Dramatic front courtyard and entrance, but if you don't like the steps, there is a convenient side driveway that you can pull in and gets you directly to the kitchen area for hauling in those groceries. No mechanical issues as this home has Newer HVAC & Water Heater (~2 & 3 years old). Flat Roof is approx. 10 yrs. old. Primary bath has been updated to accommodate wheelchair access if needed. Family room with Beehive Fireplace and sliding door to the huge diving pool/patio area - private with views, and it even has a grassy area for your pup! No HOA, property is located in the FH NPOA. (NOTE: Seller will not be reviewing any offer where potential buyer/investor has not physically seen the home. Therefore, if your Buyer is interested, please set up a time to see the property with your contractor, run the #'s and make your highest/best/most accurate offer at that time.)

Last Agent to Sell the Property

Laura Reiser

Fountain Hills Property Management & Real Estate License #SA686883000 Listed on: 01/03/2025

Co-Listed By

Michelle Kern

Fountain Hills Property Management & Real Estate License #BR103133000

Last Buyer's Agent

Michael Scherr

Blackhorne License #BR695582000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,697

Year Built

  • Built in 1976

Lot Details

  • 0.26 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot

Parking

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

Home Design

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

Interior Spaces

  • 1,832 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • 1 Fireplace
  • Mountain Views
  • Intercom

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • Roll-in Shower
  • Grab Bar In Bathroom

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Covered patio or porch

Schools

  • Fountain Hills Middle School
  • Fountain Hills High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Fountain Hills Az 605D Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 176-13-547

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,697

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Palisades to Palamino to Mustang
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1976
  • Tax Year: 2024
  • Directions: Palisades to Palamino to Mustang. Corner Lot
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.26
  • Co List Office Mls Id: fhpm01
  • Co List Office Phone: 480-837-5226
  • Subdivision Name: FOUNTAIN HILLS AZ 605D
  • Architectural Style: Territorial/Santa Fe
  • New Construction: No
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Other Equipment: Intercom
  • Accessibility Features: Bath Roll-In Shower, Bath Grab Bars
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Central Vacuum, 3/4 Bath Master Bdrm
  • Living Area: 1832.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Corner Lot, Desert Back, Desert Front
  • Pool Features: Diving Pool, Private
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Fixer
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 3.0
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: 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

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Fountain Hills Middle 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: 11164.0
  • Parcel #: 176-13-547

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1697.0
  • Tax Book Number: 176.00
  • Tax Lot: 1
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2025
Closed on
Mar 13, 2025
Sold by
Mercier Michael T
Bought by
Cornhusker Real Estate Llc
Seller's Agent
Laura Reiser
Fountain Hills Property Management & Real Estate
Buyer's Agent
Michael Scherr
Blackhorne
List Price
$595,900
Sold Price
$490,000
Premium/Discount to List
-$105,900
-17.77%
Views
77
Current Estimated Value
$511,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,890
Avg. Annual Appreciation
11.80%
Original Mortgage
$442,000
Outstanding Balance
$441,266
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$70,522
Source: Public Records

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Range of Values:

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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
Warranty Deed $490,000 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $442,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $490,000 -10.9% $267 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
02/25/2025 02/25/25 Price Changed $549,900 -1.8% $300 / Sq Ft
02/17/2025 02/17/25 Price Changed $559,900 -2.6% $306 / Sq Ft
01/20/2025 01/20/25 Price Changed $574,900 -3.5% $314 / Sq Ft
01/10/2025 01/10/25 For Sale $595,900 0.0% $325 / Sq Ft
01/03/2025 01/03/25 For Sale $595,900 -- $325 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
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 $1,697 $33,916 -- --
2024 $1,616 $32,301 -- --
2023 $1,616 $43,750 $8,750 $35,000
2022 $1,574 $33,250 $6,650 $26,600
2021 $1,748 $30,850 $6,170 $24,680
2020 $1,716 $29,260 $5,850 $23,410
2019 $1,759 $27,960 $5,590 $22,370
2018 $1,751 $26,360 $5,270 $21,090
2017 $1,680 $25,320 $5,060 $20,260
2016 $1,436 $25,620 $5,120 $20,500
2015 $1,553 $23,750 $4,750 $19,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6798674

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-13-547