NOT LISTED FOR SALE

15550 E Cholla Dr Fountain Hills, AZ 85268

Estimated Value: $874,000 - $1,039,000

5 Beds
3 Baths
3,075 Sq Ft
$320/Sq Ft Est. Value

Last Sold January 12, 2022

Last sale price $800,000 $260 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,499/month

30 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • Vaulted Ceiling
  • Fountain Hills Middle School Rated A-
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of January 2022

Breathtaking views will greet you as you enter into this beautiful vaulted ceiling home. Step onto the large back deck, right off the great room, it is perfect for entertaining and enjoying the mountain views and desert scenery! The Kitchen is finished with custom cherry cabinets and granite counter tops. The spacious Master bedroom is on the main level with vaulted ceilings, a full bathroom, and walk-in closet. Two more bedrooms and a full bath are located on main level, the ideal split floor plan. There is a beautiful fully finished lower level that features the 4th and 5th bedroom, full bathroom, large family room, fireplace, wet bar, and sliders that lead out to the a second, large patio with access to the tremendous backyard. Enjoy the desert landscape from the gorgeous pool or spa.

Last Agent to Sell the Property

Jay Schlum

RE/MAX Fine Properties License #SA117644000 Listed on: 11/05/2021

RE/MAX Fine Properties

Co-Listed By

Jacquelyn Underwood

Russ Lyon Sotheby's International Realty License #SA653361000

Last Buyer's Agent

Alyssa Laza

Jason Mitchell Real Estate License #SA690935000

Jason Mitchell Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,587

Year Built

  • Built in 1987

Lot Details

  • 9,984 Sq Ft Lot
  • Block Wall Fence
  • Sprinklers on Timer

Parking

  • 2 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Circular Driveway

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,075 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • Doors with lever handles
  • Hard or Low Nap Flooring

Pool

  • Private Pool
  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Four Peaks Elementary School - Fountain Hills
  • Fountain Hills Middle School
  • Fountain Hills High School

Utilities

  • Zoned Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 17 / 6
  • Assessor Parcel Number 176-16-201

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Fountain Hills Arizona No. 603B Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,587

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Palisades and Thistle
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1987
  • Spa Private: Yes
  • Tax Year: 2021
  • Directions: From Shea, go North on Palisades turn right on Thistle, right on Sycamore, left on Chickory, right on Cholla to home on left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.23
  • Co List Office Mls Id: rmfp08
  • Co List Office Phone: 602-301-7855
  • Subdivision Name: FOUNTAIN HILLS ARIZONA NO. 603B
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Finished
  • Flooring: Carpet, Tile, Wood
  • Basement YN: Yes
  • Spa Features: Above Ground, Heated, Private
  • Accessibility Features: Lever Handles, Hard/Low Nap Floors
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Family Room, Living Room
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Eat-in Kitchen, Vaulted Ceiling(s), Wet Bar, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3075.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Basement Description:Walkout: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • 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:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Direct Access, Circular Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 6.0
  • Parking Features:Direct Access: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • 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: Four Peaks Elementary School - Fountain Hills
  • 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: 9984.0
  • Parcel #: 176-16-201

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2587.0
  • Tax Block: 6
  • Tax Book Number: 176.00
  • Tax Lot: 17
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Jan 6, 2022
Sold by
Elser and Debra
Bought by
Spstr 1 Llc
Seller's Agent
Jay Schlum
RE/MAX Fine Properties
Buyer's Agent
Alyssa Laza
Jason Mitchell Real Estate
List Price
$800,000
Sold Price
$800,000
Current Estimated Value
$984,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,906
Avg. Annual Appreciation
5.85%
Original Mortgage
$640,000
Outstanding Balance
$592,320
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$392,586

Purchase Details

Listed on
Jan 11, 2018
Closed on
Apr 30, 2018
Sold by
Keating Bruce M and Keating Lisa M
Bought by
Elser Scott and Elser Debra
Seller's Agent
Bruce Swift
Windermere Real Estate & Property Management
Buyer's Agent
David Wilson
HomeSmart
List Price
$569,000
Sold Price
$555,000
Premium/Discount to List
-$14,000
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%
Original Mortgage
$435,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 1997
Sold by
Boyce John P and Boyce Cathy M
Bought by
Keating Bruce M and Keating Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
7.34%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Spstr 1 Llc $800,000 Magnus Title
Elser Scott $555,000 Title Alliance Platinum Agen
Keating Bruce M $247,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spstr 1 Llc $640,000
Previous Owner Elser Scott $73,000
Previous Owner Elser Scott $435,000
Previous Owner Keating Bruce M $230,000
Previous Owner Keating Bruce M $250,000
Previous Owner Keating Bruce M $198,500
Previous Owner Keating Bruce M $116,300
Previous Owner Keating Bruce M $68,000
Previous Owner Keating Bruce M $255,000
Previous Owner Keating Bruce M $185,250
Closed Boyce John P --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2022 01/12/22 Sold $800,000 0.0% $260 / Sq Ft
01/11/2022 01/11/22 For Sale $800,000 0.0% $260 / Sq Ft
11/25/2021 11/25/21 Price Changed $800,000 -3.0% $260 / Sq Ft
11/15/2021 11/15/21 Price Changed $825,000 -2.9% $268 / Sq Ft
10/27/2021 10/27/21 For Sale $850,000 +53.2% $276 / Sq Ft
05/07/2018 05/07/18 Sold $555,000 -2.5% $180 / Sq Ft
01/11/2018 01/11/18 For Sale $569,000 -- $185 / 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 $2,093 $34,964 -- --
2024 $2,778 $33,299 -- --
2023 $2,778 $58,250 $11,650 $46,600
2022 $2,719 $45,080 $9,010 $36,070
2021 $2,587 $42,300 $8,460 $33,840
2020 $2,540 $40,500 $8,100 $32,400
2019 $2,603 $39,150 $7,830 $31,320
2018 $2,591 $37,830 $7,560 $30,270
2017 $2,486 $36,820 $7,360 $29,460
2016 $2,126 $37,210 $7,440 $29,770
2015 $2,299 $35,370 $7,070 $28,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6313242

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-16-201