NOT LISTED FOR SALE

15651 E Palatial Dr Unit 13 Fountain Hills, AZ 85268

Estimated Value: $2,227,000 - $2,711,174

2.53 Acres
$1,006,874 Price per Acre
110,207 Sq Ft Lot

Last Sold November 21, 2016

Last sale price $185,000

Est. 1,277% increase in value since last sale

Current estimated payment $14,040/month

275 Days on Market

Highlights

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

About This Lot

As of November 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

Sabrina Walters

SLW Realty Group, LLC License #BR022776000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,418

Lot Details

  • 2.53 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 13
  • Assessor Parcel Number 176-13-971

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

$1,418

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: 2.53
  • 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: 109990.0
  • Additional Parcels: No
  • Parcel #: 176-13-971
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1418.0
  • Tax Book Number: 176.00
  • Tax Lot: 13
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2021
Sold by
Neo Classic Home Llc
Bought by
Shawn M Deremer Trust and Deremer
Current Estimated Value
$2,547,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,591,125
Outstanding Balance
$1,426,331
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,121,060

Purchase Details

Closed on
Sep 13, 2018
Sold by
Lubitz Bruce and Lubitz Deborah
Bought by
Neo Classic Home Llc

Purchase Details

Listed on
Jan 5, 2016
Closed on
Oct 5, 2016
Sold by
Brimet Ii Llc
Bought by
Lubitz Bruce and Lubitz Deborah
Seller's Agent
Peter Burch
ML CO Realty
Buyer's Agent
Sabrina Walters
SLW Realty Group, LLC
List Price
$189,000
Sold Price
$185,000
Premium/Discount to List
-$4,000
-2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.09%
Original Mortgage
$138,750
Interest Rate
3.42%
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
Shawn M Deremer Trust $2,121,500 Empire West Title
Neo Classic Home Llc $215,000 Empire West Title Agency Llc
Lubitz Bruce $185,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shawn M Deremer Trust $1,591,125
Previous Owner Lubitz Bruce $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2016 11/21/16 Sold $185,000 -2.1% --
10/06/2016 10/06/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $189,000 -- --
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 $7,206 $124,951 -- --
2024 $6,915 $119,001 -- --
2023 $6,915 $181,200 $36,240 $144,960
2022 $6,768 $161,100 $32,220 $128,880
2021 $3,699 $76,030 $15,200 $60,830
2020 $1,570 $22,725 $22,725 $0
2019 $1,597 $20,280 $20,280 $0
2018 $1,610 $19,545 $19,545 $0
2017 $1,626 $19,530 $19,530 $0
2016 $1,624 $18,765 $18,765 $0
2015 $1,631 $23,344 $23,344 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Peter Burch

    ML CO Realty

    (602) 614-5574

    10 Total Sales

    Peter Burch
    Section Image
  • Sabrina Walters

    Buyer's Agent in 2016

    Sabrina Walters

    SLW Realty Group, LLC

    (480) 518-3882

    30 Total Sales

    Sabrina Walters
    Section Image

  • U

    Buyer's Agent in 2016

    Unknown Agent

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5378978

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-13-971

Arizona Maricopa County Fountain Hills 85268

15651 E Palatial Dr Unit 13, 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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