NOT LISTED FOR SALE

15524 E Palatial Dr Fountain Hills, AZ 85268

Estimated Value: $1,910,000 - $2,160,101

4 Beds
3.5 Baths
4,511 Sq Ft
$445/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $1,900,000 $421 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $11,420/month

334 Days on Market

Highlights

  • Heated Spa
  • 1.24 Acre Lot
  • Wood Flooring
  • Fountain Hills Middle School Rated A-
  • Mountain View
  • Santa Barbara Architecture

About This Home

As of July 2024

MOTIVATED SELLER.Home currently listed under appraisal value. Nestled in the exclusive, gated community of Palatial Estates. This extraordinary residence boasts stunning 180-degree panoramic views of the surrounding mountains and sits on the largest lots within the development. This home features soaring 12ft ceilings throughout, an awe-inspiring 20ft ceiling in the main living area, four bedrooms, three and a half bathrooms, a dedicated office/den, and a formal dining room. The grand kitchen is a culinary enthusiast's dream, equipped with top-of-the-line appliances, double ovens, a walk-in pantry, a spacious island, and an adjoining dining area with mountain views. Indulge in the seamless integration of indoor and outdoor living as 16ft wide pocketing doors open onto the terraced patio. and an inviting, newly redone, glass tile infinity pool and spa. Immerse yourself in the luxury and tranquility of this hillside sanctuary. Here, you can relish in a lifestyle of elegance, privacy, and the unrivaled beauty of Arizona's natural surroundings. The home also comes with a Tesla Charger that was recently instilled in the garage.

Last Agent to Sell the Property

Kelly Jones

Griggs's Group Powered by The Altman Brothers License #SA652367000 Listed on: 07/12/2023

Co-Listed By

Thomas Scott

Griggs's Group Powered by The Altman Brothers License #SA668921000

Last Buyer's Agent

Jennifer Keene

eXp Realty License #SA550665000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,149

Year Built

  • Built in 2009

Lot Details

  • 1.24 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 4,511 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Mountain Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

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

Pool

  • Heated Spa
  • Heated Pool

Schools

  • Mcdowell Mountain Elementary School
  • Fountain Hills Middle School
  • Fountain Hills High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Accessible Hallway
  • Covered Patio or Porch

Community Details

  • Association fees include ground maintenance, street maintenance
  • Amcor Association, Phone Number (480) 948-5860
  • Built by Custom
  • Palatial Estates Subdivision

Listing and Financial Details

  • Tax Lot 18A-1
  • Assessor Parcel Number 176-14-634

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,149

Year Built

Built in 2009

Lot Details

0

HOA Fees

$180 per month

Parking

3

Listing Details

  • Cross Street: Shea Blvd and Palisades Blvd
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 180.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2009
  • Spa Private: Yes
  • Tax Year: 22
  • Directions: Shea to Palatial Drive
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.24
  • Co List Office Mls Id: ggpb001
  • Co List Office Phone: 480-788-0929
  • Subdivision Name: PALATIAL ESTATES
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 180.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Accessibility Features: Accessible Hallway(s)
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Central Vacuum, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4511.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Private Yard
  • Lot Features: Desert Back, Desert Front, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Heated, Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: 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
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 180.0
  • Association Fee Frequency: Monthly
  • Association Name: Palatial Estates
  • Phone: 480-948-5860
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 186.5
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Palatial Estates
  • Association Fees:HOA Telephone4: 480-948-5860
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 180.0
  • Association Fees:Disclosure Fees HOA: 186.5
  • Association Fees:Other Fees HOA: 27.0
  • Association Fees:Other Fees Description: Homewise
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AMCOR
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: McDowell Mountain Elementary 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: 54099.0
  • Parcel #: 176-14-634

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 4149.0
  • Tax Book Number: 176.00
  • Tax Lot: 18A-1
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Jul 24, 2024
Sold by
Widerhorn Josef and Widerhorn Elisabetta
Bought by
Arnold Kenneth E and Arnold Cheryl
Seller's Agent
Kelly Jones
Griggs's Group Powered by The Altman Brothers
Buyer's Agent
Jennifer Keene
eXp Realty
List Price
$2,158,000
Sold Price
$1,900,000
Premium/Discount to List
-$258,000
-11.96%
Total Days on Market
334
Views
228
Current Estimated Value
$2,007,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,775
Avg. Annual Appreciation
5.05%
Original Mortgage
$1,495,000
Outstanding Balance
$1,479,667
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$528,108

Purchase Details

Listed on
Sep 3, 2020
Closed on
Feb 22, 2021
Sold by
Mundy Lisa and Vargo Jason
Bought by
Widerhorn Josef and Widerhorn Elisabetta
Seller's Agent
Glen Forbes
Realty ONE Group
Buyer's Agent
David Widerhorn
American Realty Brokers
List Price
$1,400,000
Sold Price
$1,300,000
Premium/Discount to List
-$100,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%
Original Mortgage
$1,040,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2018
Sold by
Riversedge Racing Stables Ltd
Bought by
Vargo Jason and Vargo Rhonda

Purchase Details

Closed on
Apr 12, 2017
Sold by
Riversedge Racing Stables Ltd
Bought by
Cts Properties L L C

Purchase Details

Listed on
Oct 5, 2012
Closed on
Mar 19, 2013
Sold by
Vasko Andrew S and Vasko Shirley A
Bought by
Riversedge Racing Stables Ltd
Seller's Agent
Susan Pellegrini
MCO Realty
Buyer's Agent
Jay (J.D.) Hanson
HomeSmart
List Price
$1,399,000
Sold Price
$1,100,000
Premium/Discount to List
-$299,000
-21.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
Apr 20, 2010
Sold by
Shea Hills Developments Ltd
Bought by
Vasko Andrew S and Vasko Shirley A
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
Arnold Kenneth E $1,900,000 Equitable Title Agency Llc
Widerhorn Josef $1,300,000 Old Republic Title Agency
Vargo Jason $1,311,000 Accommodation
Cts Properties L L C $182,931 First American Title Company
Riversedge Racing Stables Ltd $1,100,000 Old Republic Title Agency
Vasko Andrew S $765,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold Kenneth E $1,495,000
Previous Owner Widerhorn Josef $1,040,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2024 07/24/24 Sold $1,900,000 -8.7% $421 / Sq Ft
03/29/2024 03/29/24 Price Changed $2,080,000 -0.5% $461 / Sq Ft
03/07/2024 03/07/24 Price Changed $2,090,000 -0.4% $463 / Sq Ft
02/16/2024 02/16/24 Price Changed $2,098,000 -0.1% $465 / Sq Ft
02/02/2024 02/02/24 Price Changed $2,100,000 -1.2% $466 / Sq Ft
01/19/2024 01/19/24 Price Changed $2,125,000 -1.5% $471 / Sq Ft
01/13/2024 01/13/24 For Sale $2,158,000 0.0% $478 / Sq Ft
01/13/2024 01/13/24 Off Market $2,158,000 -- --
12/15/2023 12/15/23 Price Changed $2,158,000 -0.1% $478 / Sq Ft
12/01/2023 12/01/23 Price Changed $2,160,000 -0.6% $479 / Sq Ft
11/17/2023 11/17/23 Price Changed $2,172,500 -0.1% $482 / Sq Ft
10/20/2023 10/20/23 Price Changed $2,175,000 -2.2% $482 / Sq Ft
09/15/2023 09/15/23 Price Changed $2,225,000 -1.1% $493 / Sq Ft
08/26/2023 08/26/23 For Sale $2,250,000 0.0% $499 / Sq Ft
08/19/2023 08/19/23 Off Market $2,250,000 -- --
07/13/2023 07/13/23 For Sale $2,250,000 +73.1% $499 / Sq Ft
02/19/2021 02/19/21 Sold $1,300,000 -7.1% $257 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
09/03/2020 09/03/20 For Sale $1,400,000 +27.3% $277 / Sq Ft
03/27/2013 03/27/13 Sold $1,100,000 -15.3% $219 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
02/14/2013 02/14/13 Price Changed $1,299,000 -7.1% $259 / Sq Ft
10/05/2012 10/05/12 For Sale $1,399,000 -- $279 / 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 $4,616 $89,365 -- --
2024 $4,266 $85,109 -- --
2023 $4,266 $155,070 $31,010 $124,060
2022 $4,149 $135,430 $27,080 $108,350
2021 $4,606 $128,170 $25,630 $102,540
2020 $5,161 $123,360 $24,670 $98,690
2019 $5,252 $93,070 $18,610 $74,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6579626

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-14-634