NOT LISTED FOR SALE

15642 E Palatial Dr Unit 14 Fountain Hills, AZ 85268

Estimated Value: $1,728,000 - $2,705,017

1 Acre
$2,345,339 Price per Acre
43,560 Sq Ft Lot

Last Sold September 12, 2017

Last sale price $114,000

Est. 1,957% increase in value since last sale

Current estimated payment $12,895/month

672 Days on Market

Highlights

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

About This Lot

As of September 2017

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.

Last Agent to Sell the Property

Peter Burch

ML CO Realty License #BR644150000 Listed on: 10/07/2015

Last Buyer's Agent

Kayvan Sanaiha

Realty ONE Group License #SA633756000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $783

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • Property is zoned R1-43

HOA Fees

  • $105 Monthly HOA Fees

Additional Features

  • Mountain Views
  • North or South Exposure

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 176-13-972

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

$783

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: R1-43
  • Tax Year: 2013
  • Lot Size Acres: 1.0
  • 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: 43678.0
  • Additional Parcels: No
  • Parcel #: 176-13-972
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 783.0
  • Tax Book Number: 176.00
  • Tax Lot: 14
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Sold by
Arian Investments Llc
Bought by
Mayo Andrea R and The Andrea R Mayo Trust
Current Estimated Value
$2,345,339
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
Mayo Andrea R $1,360,000 Empire West Title Agency Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2017 09/12/17 Sold $114,000 -23.2% --
08/09/2017 08/09/17 Pending -- -- --
07/20/2017 07/20/17 Price Changed $148,500 -12.6% --
10/07/2015 10/07/15 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 $6,162 $106,856 -- --
2024 $5,913 $101,767 -- --
2023 $5,913 $157,960 $31,590 $126,370
2022 $5,788 $138,830 $27,760 $111,070
2021 $6,290 $129,280 $25,850 $103,430
2020 $961 $22,725 $22,725 $0
2019 $978 $20,280 $20,280 $0
2018 $974 $19,545 $19,545 $0
2017 $937 $19,530 $19,530 $0
2016 $928 $18,765 $18,765 $0
2015 $916 $13,655 $13,655 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Peter Burch

    ML CO Realty

    (602) 614-5574

    10 Total Sales

    Peter Burch
    Section Image

  • K

    Buyer's Agent in 2017

    Kayvan Sanaiha

    Realty One Group

    6 Total Sales

    Kayvan Sanaiha
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5345329

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-13-972

Arizona Maricopa County Fountain Hills 85268

15642 E Palatial Dr Unit 14, Fountain Hills, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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