$472,990
SOLD FEB 27, 2025

16042 W Cottontail Ln Surprise, AZ 85387

4 Beds
3 Baths
2,049 Sq Ft
5,400 Sq Ft Lot

Recently Sold

$231 Per Sq Ft

2% Below List Price

90 Days on Market

Highlights

  • Community Pool
  • Covered Patio or Porch
  • Double Pane Windows
  • Willow Canyon High School Rated A-
  • 2 Car Direct Access Garage
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of February 2025

BRAND NEW, energy-efficient home available! The Jubilee steals the show with a spacious living concept offering 4 bedrooms, 3 baths AND a flex space! Bedroom 4 has its own bath and walk-in closet!! This home has white cabinets featuring a white backsplash, quartz countertops in kitchen, wood look tile flooring and beige carpet. INCLUDED are paver driveways, washer, dryer, window blinds (except slider), refrigerator, soft water loop and MORE!! Residents enjoy EXCLUSIVE amenities including a community clubhouse, pool, tot lot, outdoor kitchen, and future fitness center. Shopping, restaurants, and entertainment nearby. Each home is built with innovative, energy-efficient features designed to help you ENJOY more SAVINGS!

Last Agent to Sell the Property

Joseph Elberts

Meritage Homes of Arizona, Inc License #BR549667000 Listed on: 10/29/2024

Last Buyer's Agent

Vanessa Malloy

My Home Group Real Estate License #SA644518000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $273

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 5,400 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front Yard Sprinklers

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,049 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights
  • Mechanical Fresh Air

Schools

  • Asante Preparatory Academy Elementary And Middle School
  • Willow Canyon High School

Utilities

  • Central Air
  • Heating Available
  • Tankless Water Heater
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 1162
  • Assessor Parcel Number 503-64-731

Community Details

Overview

  • Association fees include ground maintenance
  • Trestle Management Association, Phone Number (480) 422-0888
  • Built by Meritage Homes
  • Paloma Creek Phase 1 Subdivision, Jubilee Floorplan

Amenities

  • Recreation Room

Recreation

  • Community Playground
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$273

Year Built

Built in 2024 | Under Construction

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Cross Street: 163rd & Happy Valley
  • Legal Info Range: 1W
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 120.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2024
  • Tax Year: 2023
  • Directions: Heading northwest on US-60, turn right onto N 163 Ave then turn right onto W Happy Valley Rd. Turn left onto N 159 Ave and find Paloma Creek in the left-hand side.
  • Master Model: Jubilee
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: PALOMA CREEK PHASE 1
  • New Construction: No
  • Efficiency: Fresh Air Mechanical, ENERGY STAR Light Fixture
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 120.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Soft Water Loop, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 2049.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows, Vinyl Frame
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Desert Front, Dirt Back
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Spray Foam Insulation, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Under Construction
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Construction Status:Under Construction: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Engy Star (See Rmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Playground, Biking/Walking Path
  • Association Fee: 120.0
  • Association Fee Frequency: Monthly
  • Association Name: Trestle Management
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Trestle Management
  • Association Fees:HOA Telephone4: 4804220888
  • Association Fees:Special Assessment HOA: No
  • 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: Asante Preparatory Academy
  • High School: Willow Canyon High School
  • Junior High Dist: Dysart Unified District
  • Middle Or Junior School: Asante Preparatory Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5400.0
  • Parcel #: 503-64-731

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Meritage Homes

Tax Info

  • Tax Book Number: 503.00
  • Tax Lot: 1162
  • Tax Map Number: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2024
Closed on
Feb 25, 2025
Sold by
Meritage Homes Of Arizona Inc
Bought by
Lin Su Hsien and Chang Lon Chung
Seller's Agent
Joseph Elberts
Meritage Homes of Arizona, Inc
Buyer's Agent
Vanessa Malloy
My Home Group Real Estate
List Price
$480,990
Sold Price
$472,990
Premium/Discount to List
-$8,000
-1.66%
Views
7
Current Estimated Value
$467,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,546
Avg. Annual Appreciation
-2.40%
Original Mortgage
$378,392
Outstanding Balance
$376,518
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$89,389
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 Type Sale Price Title Company
Special Warranty Deed $472,990 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $378,392 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2025 02/27/25 Sold $472,990 -1.0% $231 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
01/04/2025 01/04/25 Price Changed $477,990 +0.6% $233 / Sq Ft
12/17/2024 12/17/24 Price Changed $474,990 -1.0% $232 / Sq Ft
11/27/2024 11/27/24 Price Changed $479,990 -0.8% $234 / Sq Ft
11/05/2024 11/05/24 Price Changed $483,990 +0.6% $236 / Sq Ft
10/29/2024 10/29/24 For Sale $480,990 -- $235 / 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 $273 $2,977 $2,977 --
2024 $269 $2,835 $2,835 --
2023 $269 $5,745 $5,745 $0
2022 $39 $1,535 $1,535 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Joseph Elberts

    Meritage Homes of Arizona, Inc

    (480) 515-8100

    346 in this area

    3,898 Total Sales

    Joseph Elberts
    Section Image

  • V

    Buyer's Agent in 2025

    Vanessa Malloy

    My Home Group Real Estate

    (602) 791-7656

    16 in this area

    229 Total Sales

    Vanessa Malloy
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6777264

Arizona Regional Multiple Listing Service (ARMLS)

APN: 503-64-731

Arizona Maricopa County Surprise 85387

16042 W Cottontail Ln, Surprise, AZ

This home is located at 16042 W Cottontail Ln, Surprise, AZ 85387 and is currently priced at $472,990, approximately $230 per square foot. This property was built in 2024. 16042 W Cottontail Ln is a home located in Maricopa County with nearby schools including Asante Preparatory Academy, Cimarron Springs Middle School, and Willow Canyon High School.

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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