NOT LISTED FOR SALE

15623 E Palatial Dr Fountain Hills, AZ 85268

Estimated Value: $1,747,000 - $3,112,000

5 Beds
4.5 Baths
5,182 Sq Ft
$469/Sq Ft Est. Value

Last Sold August 15, 2017

Last sale price $1,590,000 $307 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $13,257/month

Highlights

  • Heated Spa
  • Gated Community
  • Mountain View
  • Fountain Hills Middle School Rated A-
  • 0.94 Acre Lot
  • Wood Flooring

About This Home

As of August 2017

Join this quaint gated hillside enclave of custom luxury homes of Palatial Estates in this elegant masterpiece expected to be completed in August 2017. It offers 5182 sqft, 4 bedrooms, an office and 4.5 baths. If you are a car lover, this one is for you…6 car garage!! The home is well appointed with travertine and wood flooring and completed with soft contemporary finishes and custom cabinets throughout. There is a private courtyard entry and will include pavers and stone columns making your way to a large iron entry door. You will not want to leave the master suite. A double door entry opens to a large retreat which extends to a sitting area that offers stunning views and also a private exit to the pool and spa.The extra spacious master bath offers a handsome shower and oversized Jacuzzi tub,resort style all the way! There is a generous size master closet which will include custom cabinets! The kitchen is truly a gourmet kitchen offering stainless steel appliances, a large island and an eat in kitchen bar area, breakfast nook and formal dining room. The great room has plenty of room for entertaining or simply relaxing by the fireplace. The stackable doors disappear as you walk out to the travertine laid patios and stone finished details on the column not to mention the VIEWS, VIEWS, VIEWS.There is also a built in bbq that is easily accessible.

Last Agent to Sell the Property

Judy A. Sanaiha

Realty ONE Group License #BR107190000 Listed on: 08/12/2017

Co-Listed By

Kimberly Ortiz

Realty ONE Group License #BR539221000

Last Buyer's Agent

Craig Rafferty

Keller Williams Realty East Valley License #SA646186000

Keller Williams Realty East Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $890

Year Built

  • Built in 2017

Lot Details

  • 0.94 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $109 Monthly HOA Fees

Parking

  • 6 Car Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,182 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Mountain Views
  • Security System Owned

Kitchen

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Private Pool

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 176-13-969

Community Details

Overview

  • Association fees include ground maintenance
  • Palatial Association, Phone Number (480) 422-0888
  • Built by Picasso Homes
  • Palatial Estates Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$890

Year Built

Built in 2017

Lot Details

0

HOA Fees

$109 per month

Parking

6

Listing Details

  • Cross Street: Shea and Palatial Dr
  • 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: 109.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 6.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2017
  • Tax Year: 2016
  • Directions: East on Shea to Palatial Drive (just past Palisades Dr.). Turn north on Palatial Drive
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.94
  • Co List Office Mls Id: reog04
  • Co List Office Phone: 480-777-4500
  • Subdivision Name: Palatial Estates
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 109.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: Heated
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Central Vacuum, Soft Water Loop, Wet Bar, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 5182.0
  • Stories: 1
  • Window Features: Dual Pane, Low-E
  • ResoLivingAreaSource: Builder
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Covered Patio(s), Private Street(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 6.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community
  • Amenities: Management
  • Association Fee: 109.0
  • Association Fee Frequency: Monthly
  • Association Name: Palatial
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Palatial
  • Association Fees:HOA Telephone4: (480)422-0888
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • 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: 40964.0
  • Parcel #: 176-13-969
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Picasso Homes

Tax Info

  • Tax Annual Amount: 890.0
  • Tax Book Number: 176.00
  • Tax Lot: 11
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2018
Sold by
Bright Michael D and Bright Michelle D
Bought by
Bright Michael D and Bright Michelle D
Current Estimated Value
$2,432,926

Purchase Details

Listed on
Aug 12, 2017
Closed on
Aug 10, 2017
Sold by
Arian Investments Llc
Bought by
Bright Michael D and Bright Michelle D
Seller's Agent
Judy A. Sanaiha
Realty ONE Group
Buyer's Agent
Craig Rafferty
Keller Williams Realty East Valley
List Price
$1,590,900
Sold Price
$1,590,000
Premium/Discount to List
-$900
-0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%

Purchase Details

Closed on
Oct 13, 2015
Sold by
Picasso Homes & Development Inc
Bought by
Arian Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2015
Sold by
Brimet Ii Llc
Bought by
Picasso Homes & Development Inc
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
Bright Michael D -- None Available
Bright Michael D $1,590,000 Empire West Title Agency Llc
Arian Investments Llc -- Empire West Title Agency
Picasso Homes & Development Inc $152,000 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arian Investments Llc $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2017 08/15/17 Sold $1,590,000 -0.1% $307 / Sq Ft
08/12/2017 08/12/17 Pending -- -- --
08/12/2017 08/12/17 For Sale $1,590,900 -- $307 / 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 $4,952 $99,304 -- --
2024 $4,808 $94,576 -- --
2023 $4,808 $162,010 $32,400 $129,610
2022 $4,650 $142,560 $28,510 $114,050
2021 $5,118 $135,280 $27,050 $108,230
2020 $5,050 $129,750 $25,950 $103,800
2019 $5,149 $96,530 $19,300 $77,230
2018 $5,126 $19,545 $19,545 $0
2017 $899 $19,530 $19,530 $0
2016 $890 $18,765 $18,765 $0
2015 $878 $13,160 $13,160 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5646126

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-13-969