NOT LISTED FOR SALE

15614 E Palatial Dr Fountain Hills, AZ 85268

Estimated Value: $1,819,808

4 Beds
4.5 Baths
3,908 Sq Ft
$466/Sq Ft Est. Value

Last Sold August 20, 2015

Last sale price $1,250,000 $320 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $10,097/month

111 Days on Market

Highlights

  • Play Pool
  • Gated Community
  • Mountain View
  • Fountain Hills Middle School Rated A-
  • 1.4 Acre Lot
  • Vaulted Ceiling

About This Home

As of August 2015

New Single Level Home under construction,currently at Landscaping stage. Stunning panoramic views, great location. With negative edge pool and spa. 4 Car Garage. Separate entrance to Casita/office. Must see to appreciate. Palatial Estates is a small gated community.
Randal Forsberg Broker owns DAC, INC.,the building company, and is related to owners of CTS Properties.

Last Agent to Sell the Property

Randal Forsberg

Homes4You, L.L.C. License #BR006514000 Listed on: 03/14/2015

Last Buyer's Agent

Michelle Sarocka

Russ Lyon Sotheby's International Realty License #SA637515000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,198

Year Built

  • Built in 2015 | Under Construction

Lot Details

  • 1.4 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Partially Fenced Property
  • Block Wall Fence

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 3,908 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Double Pane Windows
  • Low Emissivity Windows
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Stone
  • 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
  • Low Flow Plumbing Fixtures
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Accessible Hallway
  • Doors with lever handles
  • No Interior Steps

Eco-Friendly Details

  • Mechanical Fresh Air

Pool

  • Play Pool
  • Pool Pump
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 176-13-974

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Trestle Management Association, Phone Number (602) 721-2646
  • Built by DAC, INC.
  • Palatial Estates Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,198

Year Built

Built in 2015 | Under Construction

Lot Details

0

HOA Fees

$105 per month

Parking

4

Listing Details

  • Cross Street: SHEA AND PALATIAL DRIVE
  • 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: 105.0
  • Basement: N
  • Cooling HVAC SEER Rating: 15
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2015
  • Spa Private: Yes
  • Tax Year: 2014
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.4
  • Subdivision Name: PALATIAL ESTATES
  • New Construction: No
  • Efficiency: Fresh Air Mechanical, Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 105.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop
  • Accessibility Features: Lever Handles, Bath Lever Faucets, Accessible Hallway(s)
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Central Vacuum, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 3908.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • 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
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Partial, Wrought Iron
  • Exterior Features: Private Street(s), Built-in Barbecue
  • Lot Features: Desert Back, Desert Front
  • Pool Features: Play Pool, Heated, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Spray Foam Insulation, Stucco, Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Under Construction
  • Roof: Tile, Built-Up, Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes
  • Construction Status:Under Construction: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Garage Door Opener: 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: 105.0
  • Association Fee Frequency: Monthly
  • Association Name: PALATIAL ESTATES
  • Phone: 602-721-2646
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 175.0
  • 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: Trestle Management
  • Association Fees:HOA Management Phone: 602 721 2646
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

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: 61053.0
  • Parcel #: 176-13-974

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: DAC, INC.

Tax Info

  • Tax Annual Amount: 1198.0
  • Tax Book Number: 176.00
  • Tax Lot: 16
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2015
Closed on
Aug 10, 2015
Sold by
Cts Properties Llc
Bought by
Emmenegger Charles E
Seller's Agent
Randal Forsberg
Homes4You, L.L.C.
Buyer's Agent
Michelle Sarocka
Russ Lyon Sotheby's International Realty
List Price
$1,350,000
Sold Price
$1,250,000
Premium/Discount to List
-$100,000
-7.41%
Current Estimated Value
$1,819,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$569,808
Avg. Annual Appreciation
3.75%

Purchase Details

Closed on
Sep 10, 2014
Sold by
West Coast Fund Llc
Bought by
Cts Properties Llc

Purchase Details

Closed on
May 29, 2014
Sold by
Shea Hills Developments Ltd
Bought by
West Coast Fund Llc
Source: Public Records

Range of Values:

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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
Emmenegger Charles E $1,250,000 First American Title Ins Co
Cts Properties Llc $150,000 Old Republic Title Agency
West Coast Fund Llc $187,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2015 08/20/15 Sold $1,250,000 -7.4% $320 / Sq Ft
07/06/2015 07/06/15 Price Changed $1,350,000 0.0% $345 / Sq Ft
07/03/2015 07/03/15 Pending -- -- --
03/14/2015 03/14/15 For Sale $1,350,000 -- $345 / 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 $5,601 $97,115 -- --
2024 $5,374 $92,491 -- --
2023 $5,374 $141,420 $28,280 $113,140
2022 $5,260 $125,070 $25,010 $100,060
2021 $5,717 $117,950 $23,590 $94,360
2020 $5,609 $113,720 $22,740 $90,980
2019 $5,708 $85,870 $17,170 $68,700
2018 $5,685 $84,470 $16,890 $67,580
2017 $5,472 $83,520 $16,700 $66,820
2016 $5,417 $82,370 $16,470 $65,900
2015 $1,176 $20,944 $20,944 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5250769

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-13-974