NOT LISTED FOR SALE

15637 E Palatial Dr Unit 12 Fountain Hills, AZ 85268

Estimated Value: $1,509,000 - $1,665,000

0.89 Acre
$1,795,672 Price per Acre
38,768 Sq Ft Lot

Last Sold April 28, 2016

Last sale price $170,000

Est. 840% increase in value since last sale

Current estimated payment $8,760/month

100 Days on Market

Highlights

  • Gated Community
  • 0.89 Acre Lot
  • Cul-De-Sac
  • Fountain Hills Middle School Rated A-
  • Mountain View

About This Lot

As of April 2016

Custom ACRE lot in the luxury Palatial Estates GATED community. Build your custom home and enjoy the fabulous views of the surrounding mountains. ONLY 19 lots in this private, exclusive community. Million dollar homes recently built within the community.

Last Agent to Sell the Property

Peter Burch

ML CO Realty License #BR644150000 Listed on: 01/05/2016

Last Buyer's Agent

Jason Watton

W and Partners, LLC License #SA585233000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $730

Lot Details

  • 0.89 Acre Lot
  • Cul-De-Sac
  • Property is zoned R1-8

HOA Fees

  • $105 Monthly HOA Fees

Additional Features

  • Mountain Views
  • North or South Exposure

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 176-13-970

Community Details

Overview

  • Palatial Estates Association, Phone Number (480) 422-0888
  • Palatial Estates Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$730

Lot Details

0

HOA Fees

$105 per month

Listing Details

  • Cross Street: Shea Rd. and Palatial Drive
  • Legal Info Range: 6E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv, Off Site Imp Complte, On Site Imp Cmplete
  • Topography: Mountainous, Hillside
  • Zoning: R1-8
  • Tax Year: 2013
  • Lot Size Acres: 0.89
  • Road Surface Type: Private Street
  • Subdivision Name: PALATIAL ESTATES
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Mountain View(s), Gated Community, North/South Exp, Adjacent to Wash
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 105.0
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 480-422-0888
  • HOA Transfer Fee: 175.0
  • Association Fee: 105.0
  • Association Fee Frequency: Monthly
  • Association Name: Palatial Estates
  • Phone: 480-422-0888
  • Association: Yes

Lot Info

  • Lot Size: irregular
  • Lot Size Sq Ft: 38834.0
  • Additional Parcels: No
  • Parcel #: 176-13-970
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 730.0
  • Tax Book Number: 176.00
  • Tax Lot: 12
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2018
Sold by
Jb2 Homes Llc
Bought by
Asaro Andrew and Asaro Dorothy L
Current Estimated Value
$1,598,148

Purchase Details

Closed on
Feb 15, 2017
Sold by
Jaybob Llc
Bought by
Jb2 Homes Llc

Purchase Details

Listed on
Jan 5, 2016
Closed on
Apr 28, 2016
Sold by
Brimet Ii Llc
Bought by
Jaybob Llc
Seller's Agent
Peter Burch
ML CO Realty
Buyer's Agent
Jason Watton
W and Partners, LLC
List Price
$170,000
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.54%
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
Asaro Andrew $1,179,100 Chicago Title Agency Inc
Jb2 Homes Llc -- Accommodation
Jaybob Llc $170,000 Pioneer Title Agency Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2016 04/28/16 Sold $170,000 0.0% --
04/14/2016 04/14/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $170,000 -- --
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 $3,481 $70,434 -- --
2024 $3,356 $67,080 -- --
2023 $3,356 $117,930 $23,580 $94,350
2022 $3,270 $103,110 $20,620 $82,490
2021 $3,630 $97,180 $19,430 $77,750
2020 $3,565 $93,010 $18,600 $74,410
2019 $3,652 $69,930 $13,980 $55,950
2018 $3,635 $19,545 $19,545 $0
2017 $873 $19,530 $19,530 $0
2016 $865 $18,765 $18,765 $0
2015 $853 $12,749 $12,749 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5378977

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-13-970