NOT LISTED FOR SALE

15525 E Tepee Dr Fountain Hills, AZ 85268

Estimated Value: $771,767 - $856,000

3 Beds
3 Baths
1,917 Sq Ft
$424/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $505,000 $263 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,294/month

50 Days on Market

Highlights

  • Heated Pool
  • Community Lake
  • 1 Fireplace
  • Fountain Hills Middle School Rated A-
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of October 2019

Perched high on a quiet cul-de-sac in coveted Fountain Hills, this is not your average cookie cutter remodeled home! Enjoy vast views of mountain ranges including Red Mountain and Four Peaks from your pool and spa! Step inside and instantly notice tall ceilings with plenty of natural light and a fantastic open great room concept! Your gourmet kitchen is complete with brand new kitchen cabinets, quartz counters and stainless steel appliances! Additionally the dining area features a fireplace with a new log set and tiled surround! The spacious master is a true retreat with soaring ceilings and great views to the East out the plentiful windows, with direct access to the front patio! All subsequent bedrooms and each additional room features new flooring, paint and designer picked finishes!

Last Agent to Sell the Property

Art Welch

Superstars Realty License #BR552311000 Listed on: 08/27/2019

Superstars Realty

Last Buyer's Agent

Valerie O'Keefe

Russ Lyon Sotheby's International Realty License #SA673921000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,377

Year Built

  • Built in 1996

Lot Details

  • 0.37 Acre Lot
  • Wrought Iron Fence

Parking

  • 3 Car Direct Access Garage
  • 6 Open Parking Spaces

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,917 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Heated Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Mcdowell Mountain Elementary School
  • Fountain Hills High School

Utilities

  • Central Air
  • Heating Available
  • Propane

Listing and Financial Details

  • Legal Lot and Block 30 / 1
  • Assessor Parcel Number 176-22-609

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Eveready Construction
  • Fountain Hills Az Fp 505A Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,377

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Golden Eagle & Richwood
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Bathrooms Year Updated: 2019
  • Items Updated Floor Yr Updated: 2019
  • Items Updated Kitchen Yr Updated: 2019
  • Items Updated Pool Yr Updated: 2019
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Spa Private: Yes
  • Tax Year: 2018
  • Directions: From Shea, Palisades to left on Golden Eagle Blvd, Right on Richwood, left on Tepee Drive
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.37
  • Subdivision Name: FOUNTAIN HILLS AZ FP 505A
  • Property Attached Yn: No
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Spa Features: Private
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Vaulted Ceiling(s), Full Bth Master Bdrm
  • Living Area: 1917.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: Gravel/Stone Front
  • Pool Features: Fenced, Heated, Private
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 6.0
  • Parking Features:Direct Access: Yes

Utilities

  • Utilities: Propane
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Playground, Biking/Walking Path
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: McDowell Mountain Elementary School
  • High School: Fountain Hills High School
  • Junior High Dist: Fountain Hills Unified District

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15939.0
  • Parcel #: 176-22-609

Building Info

  • Builder Name: Eveready Construction

Tax Info

  • Tax Annual Amount: 2377.0
  • Tax Block: 1
  • Tax Book Number: 176.00
  • Tax Lot: 30
  • Tax Map Number: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2023
Sold by
Ricci Family Trust
Bought by
Ricci Mathew James and Ricci Rugchanock
Current Estimated Value
$791,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$145,420
Interest Rate
6.48%
Mortgage Type
Credit Line Revolving
Estimated Equity
$667,022

Purchase Details

Listed on
Aug 27, 2019
Closed on
Sep 30, 2019
Sold by
Breckenridge Property Fund 2016 Llc
Bought by
Ricci Mathew and Ricci Rugchanok
Seller's Agent
Art Welch
Superstars Realty
Buyer's Agent
Valerie O'Keefe
Russ Lyon Sotheby's International Realty
List Price
$525,000
Sold Price
$505,000
Premium/Discount to List
-$20,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$479,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2018
Sold by
Serheev Michael and Yanovskaya Nadezhda
Bought by
Breckenridge Property Fund 2016 Llc

Purchase Details

Closed on
May 6, 2003
Sold by
Yanovskaya Nadezhda
Bought by
Sherheev Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2001
Sold by
Serheev Michael
Bought by
Serheev Michael and Yanovskaya Nadezhda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
6.37%

Purchase Details

Closed on
Jun 11, 2001
Sold by
Serheev Nadezhda
Bought by
Serheev Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
6.37%

Purchase Details

Closed on
Feb 4, 1999
Sold by
Serheev Nadezhda Yanovskaya
Bought by
Serheev Michael

Purchase Details

Closed on
Feb 9, 1995
Sold by
Schreiber E J
Bought by
Welling Douglas and Welling Sandra Jo

Purchase Details

Closed on
Dec 20, 1994
Sold by
Schreiber Janet C
Bought by
Schreiber Everett J

Purchase Details

Closed on
Dec 9, 1994
Sold by
Eveready Construction Inc
Bought by
Schreiber E J and Welling Douglas
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
Ricci Mathew James -- First American Title Insurance
Ricci Mathew $505,000 Fidelity Natl Ttl Agcy Inc
Breckenridge Property Fund 2016 Llc $157,544 None Available
Sherheev Michael -- Fidelity National Title
Serheev Michael -- --
Serheev Michael -- Fidelity National Title
Serheev Michael -- Security Title Agency
Serheev Michael $258,000 Security Title Agency
Welling Douglas -- United Title Agency
Schreiber Everett J -- United Title Agency
Schreiber E J $33,900 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricci Mathew James $150,000
Previous Owner Ricci Mathew $479,750
Previous Owner Sherheev Michael $224,000
Previous Owner Serheev Michael $227,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $505,000 -3.8% $263 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $525,000 -- $274 / 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 $1,727 $46,056 -- --
2024 $2,194 $43,863 -- --
2023 $2,194 $54,530 $10,900 $43,630
2022 $2,138 $43,160 $8,630 $34,530
2021 $2,374 $40,230 $8,040 $32,190
2020 $2,331 $38,560 $7,710 $30,850
2019 $2,707 $36,860 $7,370 $29,490
2018 $2,377 $35,630 $7,120 $28,510
2017 $2,281 $34,810 $6,960 $27,850
2016 $2,233 $34,820 $6,960 $27,860
2015 $2,109 $32,820 $6,560 $26,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5970319

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-22-609