NOT LISTED FOR SALE

15417 E Palatial Cir Unit 2 Fountain Hills, AZ 85268

Estimated Value: $1,299,000 - $2,004,023

1 Acre
$1,756,008 Price per Acre
43,560 Sq Ft Lot

Last Sold September 12, 2017

Last sale price $53,000

Est. 3,213% increase in value since last sale

Current estimated payment $9,722/month

582 Days on Market

Highlights

  • Gated Community
  • 1 Acre Lot
  • Cul-De-Sac
  • Fountain Hills Middle School Rated A-
  • Mountain View

About This Lot

As of September 2017

Custom ACRE lot in the luxury Palatial Estates GATED community. Build your custom home and enjoy the fabulous views of the surrounding mountains. ONLY 19 lots in this private, exclusive community. Million dollar custom homes recently built in the neighborhood.

Last Agent to Sell the Property

Peter Burch

ML CO Realty License #BR644150000 Listed on: 01/06/2016

Last Buyer's Agent

Kayvan Sanaiha

Realty ONE Group License #SA633756000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $783

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • Property is zoned R1-43

HOA Fees

  • $105 Monthly HOA Fees

Additional Features

  • Mountain Views
  • North or South Exposure

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 176-13-960

Community Details

Overview

  • Palatial Estates Association, Phone Number (480) 422-0888
  • Palatial Estates Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$783

Lot Details

0

HOA Fees

$105 per month

Listing Details

  • Cross Street: Shea Rd. and Palatial Drive
  • Legal Info Range: 6E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv, Off Site Imp Complte, On Site Imp Cmplete
  • Zoning: R1-43
  • Tax Year: 2013
  • Lot Size Acres: 1.0
  • Road Surface Type: Private Street
  • Subdivision Name: PALATIAL ESTATES
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Mountain View(s), Gated Community, North/South Exp, Adjacent to Wash
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 105.0
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 480-422-0888
  • HOA Transfer Fee: 175.0
  • Association Fee: 105.0
  • Association Fee Frequency: Monthly
  • Association Name: Palatial Estates
  • Phone: 480-422-0888
  • Association: Yes

Lot Info

  • Lot Size: irregular
  • Lot Size Sq Ft: 43575.0
  • Additional Parcels: No
  • Parcel #: 176-13-960
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 783.0
  • Tax Book Number: 176.00
  • Tax Lot: 2
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2021
Sold by
Anz Development Llc
Bought by
Ross Paul M and Ross Lois L
Current Estimated Value
$1,756,008

Purchase Details

Closed on
Nov 26, 2018
Sold by
Emami Arash
Bought by
Anz Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
4.8%
Mortgage Type
Small Business Administration

Purchase Details

Listed on
Jan 6, 2016
Closed on
Sep 1, 2017
Sold by
Brimet Ii Llc
Bought by
Emami Arash
Seller's Agent
Peter Burch
ML CO Realty
Buyer's Agent
Kayvan Sanaiha
Realty ONE Group
List Price
$99,000
Sold Price
$53,000
Premium/Discount to List
-$46,000
-46.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.81%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ross Paul M $1,640,000 Empire West Title Agency Llc
Anz Development Llc -- Empire West Title Agency Llc
Emami Arash $52,745 Empire West Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anz Development Llc $825,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2017 09/12/17 Sold $53,000 -22.6% --
08/09/2017 08/09/17 Pending -- -- --
07/20/2017 07/20/17 Price Changed $68,500 -30.8% --
01/05/2016 01/05/16 For Sale $99,000 -- --
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 $5,095 $88,342 -- --
2024 $4,889 $84,135 -- --
2023 $4,889 $130,270 $26,050 $104,220
2022 $4,785 $113,900 $22,780 $91,120
2021 $2,602 $53,470 $10,690 $42,780
2020 $960 $15,795 $15,795 $0
2019 $977 $15,420 $15,420 $0
2018 $973 $15,810 $15,810 $0
2017 $937 $16,185 $16,185 $0
2016 $928 $15,420 $15,420 $0
2015 $915 $13,641 $13,641 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Peter Burch

    ML CO Realty

    (602) 614-5574

    10 Total Sales

    Peter Burch
    Section Image

  • K

    Buyer's Agent in 2017

    Kayvan Sanaiha

    Realty One Group

    6 Total Sales

    Kayvan Sanaiha
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5378966

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-13-960

Arizona Maricopa County Fountain Hills 85268

15417 E Palatial Cir Unit 2, Fountain Hills, AZ

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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