NOT LISTED FOR SALE

15920 E Lantana Ln Fountain Hills, AZ 85268

Estimated Value: $947,000 - $993,000

4 Beds
3.5 Baths
2,785 Sq Ft
$349/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $585,000 $210 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,386/month

45 Days on Market

Highlights

  • Heated Pool
  • 0.88 Acre Lot
  • Mountain View
  • Fountain Hills Middle School Rated A-
  • Two Primary Bathrooms
  • Vaulted Ceiling

About This Home

As of June 2020

VIRTUAL TOURS AVAILABLE - A SPANISH TREASURE nestled in the arroyos of Fountain Hills. You'll love the custom finishes inside which include beautiful vaulted wood ceilings and bricked doorways. This home was extensively updated in 2012/2013 including a full kitchen remodel with granite counters and SS appliances. Split bedroom floor plan that includes TWO master suites! Possible Guest Quarters? Mature landscaping includes Citrus trees consisting of Orange, Lemon, Lime, Grapefruit Calamansi, Pomegranate trees, and a Grape Vine. Do you like to garden? You'll LOVE the fully-irrigated raised gardening beds for all the vegetables or flowers you could ever want. This Cul de sac home boasts tireless views of the Four Peaks, Superstitions, The Bluffs of Fort McDowell and the Mountains of Salt River. Lounge poolside 6 months out of the year in your private oasis or simply sit in your shaded patio and gaze at the almost dead center view of the Fountain every hour. If you have an appetite for nature, the southeast patio faces raw, untouched desert, thriving with towering Saguaros, Barrel Cacti and just about every bird known to the southwest. Whether you're seeking a home for retirement, entertaining or family, this property is a portrait of Fountain Hills living. DO NOT miss this rare opportunity to own this treasure at an extraordinary price.

Last Agent to Sell the Property

Lisa Murray

RE/MAX Excalibur License #BR557263000 Listed on: 03/27/2020

Last Buyer's Agent

Brian Adamski

HomeSmart License #SA584331000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,968

Year Built

  • Built in 1987

Lot Details

  • 0.88 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Wrought Iron Fence

Parking

  • 2 Car Garage

Home Design

  • Santa Barbara Architecture
  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,785 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Heated Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch

Schools

  • Fountain Hills High Middle School
  • Fountain Hills High School

Utilities

  • Central Air
  • Heating Available
  • Water Softener
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Fountain Hills Az Fp 602B Trs A,B Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 25 / 2
  • Assessor Parcel Number 176-16-494

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,968

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Palisades & El Lago Dr
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Bathrooms Year Updated: 2012
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2013
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2013
  • Items Updated Plmbg Yr Updated: 2012
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2016
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2014
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1987
  • Spa Private: Yes
  • Tax Year: 2019
  • Directions: From Shea - N on Palisades, Turn right on El Lago, turn right on Mimosa and right again on Lantana to the end of the cul-de-sac.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.88
  • Subdivision Name: FOUNTAIN HILLS AZ FP 602B TRS A,B
  • Architectural Style: Spanish, Santa Barbara/Tuscan
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: Private
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 2785.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Lot Features: Desert Back, Desert Front, Cul-De-Sac
  • Pool Features: Fenced, Heated, Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • 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

Fee Information

  • Association Fee Includes: No Fees

Schools

  • High School: Fountain Hills High School
  • Junior High Dist: Fountain Hills Unified District
  • Middle Or Junior School: Fountain Hills High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 38272.0
  • Parcel #: 176-16-494

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2968.0
  • Tax Block: 2
  • Tax Book Number: 176.00
  • Tax Lot: 25
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
May 28, 2020
Sold by
Pelano Joseph T and Pelano Genese K
Bought by
Mcdermott Monica and Sandefur Rebecca Leigh
Seller's Agent
Lisa Murray
RE/MAX Excalibur
Buyer's Agent
Brian Adamski
HomeSmart
List Price
$599,999
Sold Price
$585,000
Premium/Discount to List
-$14,999
-2.5%
Current Estimated Value
$970,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,744
Avg. Annual Appreciation
9.93%
Original Mortgage
$468,000
Outstanding Balance
$329,001
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$641,743

Purchase Details

Listed on
Jan 2, 2014
Closed on
Jun 9, 2014
Sold by
Harris Machelle and Harris William Shane
Bought by
Pelano Joseph T and Pelano Genese K
Seller's Agent
Cheryl Hunter
Sunshine Exclusive Properties
Buyer's Agent
Lisa Murray
Russ Lyon Sotheby's International Realty
List Price
$649,999
Sold Price
$525,000
Premium/Discount to List
-$124,999
-19.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.84%
Original Mortgage
$225,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2012
Closed on
Oct 26, 2012
Sold by
Castle Property Investments Lllp
Bought by
Harris Machelle and Harris William Shane
Seller's Agent
Taylor Moran
Realty ONE Group
Buyer's Agent
Cheryl Hunter
Sunshine Exclusive Properties
List Price
$475,000
Sold Price
$457,000
Premium/Discount to List
-$18,000
-3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$365,600
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2012
Closed on
Oct 3, 2012
Sold by
Afzal Amir and Afzal Emma F
Bought by
Castle Property Investments Lllp
Seller's Agent
Taylor Moran
Realty ONE Group
Buyer's Agent
Cheryl Hunter
Sunshine Exclusive Properties
List Price
$475,000
Sold Price
$457,000
Premium/Discount to List
-$18,000
-3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,600
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2007
Sold by
Palter Frank J and Palter Sara Faye
Bought by
Afzal Amir and Afzal Emma F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2000
Sold by
Palter Sara Faye
Bought by
Palter Frank J and Palter Sara Faye
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
Mcdermott Monica $585,000 Pioneer Title Agency Inc
Pelano Joseph T $525,000 First American Title Ins Co
Harris Machelle $457,000 Grand Canyon Title Agency In
Harris Machelle $457,000 Grand Canyon Title Agency In
Castle Property Investments Lllp $355,501 Accommodation
Afzal Amir $740,000 Capital Title Agency Inc
Palter Frank J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott Monica $468,000
Previous Owner Pelano Joseph T $225,000
Previous Owner Harris Machelle $365,600
Previous Owner Afzal Amir $592,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2020 06/12/20 Sold $585,000 -0.7% $210 / Sq Ft
04/21/2020 04/21/20 Price Changed $589,000 -1.8% $211 / Sq Ft
03/27/2020 03/27/20 For Sale $599,999 +14.3% $215 / Sq Ft
07/15/2014 07/15/14 Sold $525,000 -12.4% $189 / Sq Ft View Prior Sale
06/04/2014 06/04/14 Pending -- -- --
03/15/2014 03/15/14 Price Changed $599,000 -2.9% $215 / Sq Ft
03/04/2014 03/04/14 Price Changed $617,000 -1.7% $222 / Sq Ft
02/05/2014 02/05/14 Price Changed $627,500 -1.8% $225 / Sq Ft
01/11/2014 01/11/14 Price Changed $639,000 -1.7% $229 / Sq Ft
01/02/2014 01/02/14 For Sale $649,999 +42.2% $233 / Sq Ft
11/28/2012 11/28/12 Sold $457,000 -3.8% $164 / Sq Ft View Prior Sale
10/24/2012 10/24/12 Pending -- -- --
10/13/2012 10/13/12 For Sale $475,000 -- $171 / 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 $2,864 $57,231 -- --
2024 $2,727 $54,506 -- --
2023 $2,727 $68,770 $13,750 $55,020
2022 $2,657 $54,060 $10,810 $43,250
2021 $2,950 $50,550 $10,110 $40,440
2020 $2,896 $48,220 $9,640 $38,580
2019 $2,968 $45,660 $9,130 $36,530
2018 $2,954 $44,300 $8,860 $35,440
2017 $2,835 $43,180 $8,630 $34,550
2016 $2,775 $43,160 $8,630 $34,530
2015 $2,621 $40,380 $8,070 $32,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6057523

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-16-494