NOT LISTED FOR SALE

15538 E Palatial Dr Fountain Hills, AZ 85268

Estimated Value: $1,697,000 - $2,235,000

4 Beds
4.5 Baths
4,152 Sq Ft
$479/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $1,375,000 $331 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $11,013/month

240 Days on Market

Highlights

  • Heated Spa
  • Gated Community
  • Mountain View
  • Fountain Hills Middle School Rated A-
  • 0.98 Acre Lot
  • Granite Countertops

About This Home

As of February 2020

Newly Constructed 4152 Sq Ft Custom Home in Palatial Estates with stunning views of 4Peaks, Gold Fields & McDowell Mtns. This 4 Bedroom (all with En-suite Bathrooms) 4.5 Bath home has many high-end features including expansive back patio accessed by a disappearing pocket patio door, Heated Pool & Spa, Built-in BBQ, all for great Arizona outside living. A Gourmet Kitchen with 48 inch Sub-Zero Refrigerator, 48 inch Wolf Gas Range, Steam Wall Oven & Microwave. Also included is Central Vac, Wifi Door Bell & Security Cameras, 5 zone HVAC system served by 3-16 Seer units & two Tank-Less Water Heaters. There's 5.5 inches of foam insulation in the walls and 9 inches of top cord truss insulation in the ceiling. An over sized 4 car garage with sealed concrete floors rounds out this incredible home.

Last Agent to Sell the Property

Steve Coover

Realty ONE Group License #BR007577000 Listed on: 04/30/2019

Co-Listed By

David Goldberg

Realty ONE Group License #BR634682000

Last Buyer's Agent

Susan Geurs

HomeSmart Lifestyles License #SA641409000

HomeSmart Lifestyles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,002

Year Built

  • Built in 2018

Lot Details

  • 0.98 Acre Lot
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $131 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 4,152 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Easy To Use Faucet Levers
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Roll-in Shower
  • Doors with lever handles
  • No Interior Steps

Pool

  • Heated Spa
  • Heated Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Water Softener

Listing and Financial Details

  • Tax Lot 18A-2
  • Assessor Parcel Number 176-14-635

Community Details

Overview

  • Association fees include ground maintenance
  • Amcor Association, Phone Number (480) 948-5860
  • Built by D.A.C. Inc
  • Palatial Estates Lot 18A 2 Replat Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,002

Year Built

Built in 2018

Lot Details

0

HOA Fees

$131 per month

Parking

4

Listing Details

  • Cross Street: Shea
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 130.8
  • Basement: N
  • Cooling HVAC SEER Rating: 16
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2018
  • Spa Private: Yes
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.98
  • Co List Office Mls Id: reog01
  • Co List Office Phone: 480-315-1240
  • Subdivision Name: PALATIAL ESTATES LOT 18A-2 REPLAT
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 130.8
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop
  • Accessibility Features: Lever Handles, Bath Roll-In Shower, Bath Lever Faucets
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Soft Water Loop, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4152.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: 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
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Fenced, Heated, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Spray Foam Insulation, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Complete Spec Home
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction Status:Complete Spec Home: Yes
  • Exterior Features:Private Street(s): Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 130.8
  • Association Fee Frequency: Monthly
  • Association Name: Palatial Estates
  • Phone: 480-948-5860
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 380.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Palatial Estates
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AMCOR
  • Association Fees:HOA Management Phone: 480-948-5860
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 42868.0
  • Parcel #: 176-14-635

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: D.A.C. Inc

Tax Info

  • Tax Annual Amount: 1002.0
  • Tax Book Number: 176.00
  • Tax Lot: 18A-2
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2019
Closed on
Feb 19, 2020
Sold by
Cts Properties Llc
Bought by
Huntington Craig and Huntington Denorah
Seller's Agent
Steve Coover
Realty ONE Group
Buyer's Agent
Susan Geurs
HomeSmart Lifestyles
List Price
$1,669,000
Sold Price
$1,375,000
Premium/Discount to List
-$294,000
-17.62%
Current Estimated Value
$1,990,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$615,489
Avg. Annual Appreciation
6.74%
Original Mortgage
$800,000
Outstanding Balance
$708,344
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,282,145

Purchase Details

Closed on
Apr 10, 2017
Sold by
Riversedge Racing Stables Ltd
Bought by
Cts Properties L L C
Source: Public Records

Range of Values:

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List 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
Huntington Craig $1,375,000 Grand Canyon Title Agency
Cts Properties L L C -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huntington Craig $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2020 02/27/20 Sold $1,375,000 -7.1% $331 / Sq Ft
11/18/2019 11/18/19 Price Changed $1,480,000 -4.2% $356 / Sq Ft
09/22/2019 09/22/19 Price Changed $1,545,000 -3.1% $372 / Sq Ft
08/20/2019 08/20/19 Price Changed $1,595,000 -2.7% $384 / Sq Ft
06/28/2019 06/28/19 Price Changed $1,640,000 -1.7% $395 / Sq Ft
04/30/2019 04/30/19 For Sale $1,669,000 -- $402 / 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 $5,554 $96,308 -- --
2024 $5,330 $91,722 -- --
2023 $5,330 $135,710 $27,140 $108,570
2022 $5,217 $118,410 $23,680 $94,730
2021 $5,669 $111,720 $22,340 $89,380
2020 $5,562 $107,800 $21,560 $86,240
2019 $1,002 $25,350 $25,350 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5919112

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-14-635