NOT LISTED FOR SALE

15724 E Cavern Dr Fountain Hills, AZ 85268

Estimated Value: $794,843 - $869,000

4 Beds
2 Baths
2,346 Sq Ft
$355/Sq Ft Est. Value

Last Sold January 26, 2016

Last sale price $393,000 $168 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $4,534/month

135 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • Family Room with Fireplace
  • Fountain Hills Middle School Rated A-
  • Contemporary Architecture
  • Vaulted Ceiling

About This Home

As of January 2016

This beautiful home is located on top of the hill with fountain and mountain views on a private and quiet street. Custom 4 bedroom 2 bath with both living and family room. New flooring with tile and Wilson Art laminate floors. Kitchen is open to both family and living room with eat-in dining area. Stainless steel appliances with Corian countertops. Sellers have updated everything including new dual-pane max UV windows throughout the home, brushed nickel faucets, Hunter ceiling fans, water softener, 2 Trane AC units in 2009, epoxy garage floor, and pool filter. Low maintenance backyard and a gorgeous pool. Property is within Fountain Hills NPOA no dues however their is a $175 transfer fee.

Last Agent to Sell the Property

Jay Schlum

RE/MAX Fine Properties License #SA117644000 Listed on: 07/08/2015

RE/MAX Fine Properties

Co-Listed By

Dori Wittrig

RE/MAX Sun Properties License #BR008546000

Last Buyer's Agent

Nichole LaPado

Compass License #SA647594000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,755

Year Built

  • Built in 1987

Lot Details

  • 0.3 Acre Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,346 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

  • Four Peaks Elementary School - Fountain Hills
  • Fountain Hills Middle School
  • Fountain Hills High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Custom
  • Fountain Hills Plat 602B Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 176-16-444-c

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,755

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Palisades Blvd. and El Lago Blvd
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2008
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2009
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1987
  • Tax Year: 2014
  • Directions: Shea Blvd to Palisades or Fountain Hills Blvds to El Lago Blvd, North on Cavern. Home on the Right.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.3
  • Co List Office Mls Id: slpr01
  • Co List Office Phone: 480-816-5557
  • Subdivision Name: Fountain Hills Plat 602B
  • Architectural Style: Contemporary, Spanish
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: c
  • ResoBuildingAreaSource: Appraiser
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Exterior Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 2346.0
  • Stories: 1
  • Window Features: Skylight(s), Double Pane Windows
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Engy Star (See Rmks)2: Yes
  • Other Rooms:Separate Workshop: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Patio, Built-in Barbecue
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Other
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Four Peaks Elementary School - Fountain Hills
  • High School: Fountain Hills High School
  • Middle Or Junior School: Fountain Hills Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13029.0
  • Parcel #: 176-16-444-c
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 1755.0
  • Tax Book Number: 176.00
  • Tax Lot: 2
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2015
Closed on
Dec 10, 2015
Sold by
Hui Vincent and Hui Quinell A
Bought by
Elliott Paul
Seller's Agent
Jay Schlum
RE/MAX Fine Properties
Buyer's Agent
Nichole LaPado
Compass
List Price
$439,900
Sold Price
$393,000
Premium/Discount to List
-$46,900
-10.66%
Current Estimated Value
$832,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,211
Avg. Annual Appreciation
7.99%
Original Mortgage
$353,700
Interest Rate
8.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2015
Sold by
Elliott Erin Foy
Bought by
Elliott Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,700
Interest Rate
8.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2008
Sold by
Hui Vincent and Hui Quinell A
Bought by
Hui Vincent and Hui Quinell A

Purchase Details

Closed on
Jul 20, 2007
Sold by
Hui Quinell
Bought by
Hui Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2007
Sold by
Hsbc Mortgage Services Inc
Bought by
Hui Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2006
Sold by
Pednekar Tushar
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Feb 16, 2006
Sold by
Pednekar Tushar
Bought by
Pednekar Tushar and Pednekar Belen

Purchase Details

Closed on
Jul 1, 2002
Sold by
Reisinger David W and Reisinger Kristina E L
Bought by
Pednekar Tushar

Purchase Details

Closed on
May 4, 1995
Sold by
Adams Peter F and Adams Marianne
Bought by
Reisinger David W and Reisinger Kristina E L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,950
Interest Rate
7.92%
Mortgage Type
New Conventional
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
Elliott Paul $393,000 Millennium Title Agency Llc
Elliott Paul -- Millennium Title Agency Llc
Hui Vincent -- None Available
Hui Vincent -- Grand Cyn Title Agency Inc
Hui Vincent $430,000 Grand Cyn Title Agency Inc
Hsbc Mortgage Services Inc $473,101 None Available
Pednekar Tushar -- Scottsdale Title Co Llc
Pednekar Tushar -- Capital Title Agency Inc
Reisinger David W $158,900 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elliott Paul $353,700
Previous Owner Hui Vincent $344,000
Previous Owner Reisinger David W $150,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2016 01/26/16 Sold $393,000 -1.8% $168 / Sq Ft
11/05/2015 11/05/15 Price Changed $400,000 -5.9% $171 / Sq Ft
08/07/2015 08/07/15 Price Changed $424,900 -3.4% $181 / Sq Ft
07/08/2015 07/08/15 For Sale $439,900 -- $188 / 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 $2,133 $43,152 -- --
2024 $2,056 $41,097 -- --
2023 $2,056 $51,370 $10,270 $41,100
2022 $2,003 $40,180 $8,030 $32,150
2021 $2,224 $37,610 $7,520 $30,090
2020 $2,184 $35,950 $7,190 $28,760
2019 $2,238 $34,330 $6,860 $27,470
2018 $2,227 $32,970 $6,590 $26,380
2017 $2,137 $32,000 $6,400 $25,600
2016 $1,827 $32,050 $6,410 $25,640
2015 $1,976 $30,130 $6,020 $24,110
Source: Public Records

Agents Affiliated with this Home

  • Jay Schlum

    Seller's Agent in 2016

    Jay Schlum

    RE/MAX

    (602) 301-7855

    96 in this area

    130 Total Sales

    Jay Schlum
    Section Image
  • Dori Wittrig

    Seller Co-Listing Agent in 2016

    Dori Wittrig

    RE/MAX

    (480) 837-9801

    154 in this area

    176 Total Sales

    Dori Wittrig
    Section Image
  • Nichole LaPado

    Buyer's Agent in 2016

    Nichole LaPado

    Compass

    (480) 203-5709

    12 Total Sales

    Nichole LaPado
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5304548

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-16-444C

Arizona Maricopa County Fountain Hills 85268

15724 E Cavern 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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