NOT LISTED FOR SALE

15651 E Palatial Dr Fountain Hills, AZ 85268

Estimated Value: $2,183,000 - $3,022,677

5 Beds
5 Baths
5,400 Sq Ft
$501/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $2,121,500 $393 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $14,092/month

126 Days on Market

Highlights

  • Heated Spa
  • Gated Community
  • Mountain View
  • Fountain Hills Middle School Rated A-
  • 2.53 Acre Lot
  • Contemporary Architecture

About This Home

As of March 2021

New Construction in private gated community of Palatial Estates on the border of Ftn Hills & Scottsdale. Epic Mountain Views of the Red Mountains & 4 Peaks. Modern Luxury features a massive open floor plan with gorgeous oak wood floors, 20 foot ceilings, and corner opening pocket doors for the indoor outdoor living. Private owners suite with coffee bar and outdoor patio, large bonus room and 3 en-suites with spacious walk- in closets. Large laundry room with full set of cabinet and fridge area. Custom built-in mud room feature. Double stacked custom built flat panel walnut kitchen cabinets, 2 islands and walk-in pantry. Thermador appliance package includes 2 Dishwashers, Built in fridge full size fridge, freezer & wine fridge, Gas cooktop, Custom hood, Double Ovens, microwave and under cabinet lighting. Pre- wired for surround sound and all the Smart Home technology you can imagine. Outside find a massive patio, roof top deck, Built in BBQ, Pool bathroom with shower. Extended length 4 car garage! TO be completed end of January. Call to schedule your Tour now! "

Last Agent to Sell the Property

Caitlin Bronsky

Real Broker License #SA643873000 Listed on: 09/15/2020

Real Broker

Last Buyer's Agent

Spencer Ellsbury

HomeSmart License #SA665681000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,570

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 2.53 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence

HOA Fees

  • $157 Monthly HOA Fees

Parking

  • 5 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Spray Foam Insulation
  • Foam Roof
  • Stucco

Interior Spaces

  • 5,400 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave

Bedrooms and Bathrooms

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

Pool

  • Heated Spa
  • Heated Pool

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 176-13-971

Community Details

Overview

  • Association fees include ground maintenance
  • Palatial Association, Phone Number (480) 948-5860
  • Built by Zagros Construction
  • Palatial Estates Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,570

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$157 per month

Parking

4

Listing Details

  • Cross Street: Palatial Dr & Shea Blvd
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 156.96
  • Basement: N
  • Cooling HVAC SEER Rating: 16
  • Parking Spaces Slab Parking Spaces: 5.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2020
  • Spa Private: Yes
  • Tax Year: 2020
  • Directions: East on Shea north to Palatial Estates Gate Last house in cul desac under contract.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 2.53
  • Subdivision Name: PALATIAL ESTATES
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 156.96
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Soft Water Loop, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 5400.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front, Cul-De-Sac
  • Pool Features: Heated, Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Spray Foam Insulation, Stucco, Wood Frame, Painted
  • Property Condition: Under Construction
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Construction Status:Under Construction: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Garage Spaces: 4.0
  • Open Parking Spaces: 5.0

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • 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: 156.96
  • Association Fee Frequency: Monthly
  • Association Name: Palatial
  • Phone: 480-948-5860
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 380.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Palatial
  • Association Fees:HOA Telephone4: 480-948-5860
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

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: 109990.0
  • Parcel #: 176-13-971

Building Info

  • Builder Name: Zagros Construction

Tax Info

  • Tax Annual Amount: 1570.0
  • Tax Book Number: 176.00
  • Tax Lot: 13
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Mar 4, 2021
Sold by
Neo Classic Home Llc
Bought by
Shawn M Deremer Trust and Deremer
Seller's Agent
Caitlin Bronsky
Real Broker
Buyer's Agent
Spencer Ellsbury
HomeSmart
List Price
$1,925,000
Sold Price
$2,121,500
Premium/Discount to List
$196,500
10.21%
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.
Estimated Appreciation
$425,891
Avg. Annual Appreciation
5.39%
Original Mortgage
$1,591,125
Outstanding Balance
$1,426,331
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,279,838

Purchase Details

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

Purchase Details

Closed on
Oct 5, 2016
Sold by
Brimet Ii Llc
Bought by
Lubitz Bruce and Lubitz Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
3.42%
Mortgage Type
New Conventional
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
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
03/12/2021 03/12/21 Sold $2,121,500 +1.1% $393 / Sq Ft
03/04/2021 03/04/21 Price Changed $2,099,000 0.0% $389 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
11/25/2020 11/25/20 Price Changed $2,099,000 +5.5% $389 / Sq Ft
09/21/2020 09/21/20 Price Changed $1,990,000 +2.1% $369 / Sq Ft
09/15/2020 09/15/20 Price Changed $1,950,000 +1.3% $361 / Sq Ft
09/15/2020 09/15/20 For Sale $1,925,000 -- $356 / 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 $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

  • Caitlin Bronsky

    Seller's Agent in 2021

    Caitlin Bronsky

    Real Broker

    (480) 684-0800

    5 in this area

    108 Total Sales

    Caitlin Bronsky
    Section Image
  • Spencer Ellsbury

    Buyer's Agent in 2021

    Spencer Ellsbury

    HomeSmart

    (541) 325-2222

    2 in this area

    5 Total Sales

    Spencer Ellsbury
    Section Image
  • Melissa Massey

    Buyer Co-Listing Agent in 2021

    Melissa Massey

    Compass

    (480) 254-6959

    3 in this area

    118 Total Sales

    Melissa Massey
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6132467

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-13-971

Arizona Maricopa County Fountain Hills 85268

15651 E Palatial Dr, 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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