NOT LISTED FOR SALE

16055 N Overlook Ct Fountain Hills, AZ 85268

Estimated Value: $1,035,103 - $1,232,000

3 Beds
4 Baths
3,300 Sq Ft
$339/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $719,000 $218 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,838/month

85 Days on Market

Highlights

  • Heated Spa
  • Mountain View
  • Main Floor Primary Bedroom
  • Fountain Hills Middle School Rated A-
  • Wood Flooring
  • Santa Fe Architecture

About This Home

As of May 2018

JUST REDUCED!! This is priced well below what has been invested in this fantastic property. Completely rebuilt with breathtaking 180 degree views of Four Peaks. This home boasts of casual elegance and functionality with beautiful, warm custom finishes throughout. Soaring ceilings and an open floor plan. Master suite located on first floor and additional master suites located upstairs separated by a bonus/family room complete with wet bar and expansive outdoor balcony.
Enjoy the views from your resort like backyard, heated saltwater pool and spa, lush landscaping and outdoor BBQ. You must see this home on quiet cul-de-sac street.

Last Agent to Sell the Property

Todd Wittlinger

HomeSmart License #SA664243000 Listed on: 01/17/2018

HomeSmart

Last Buyer's Agent

Susan Dawson

MCO Realty License #SA035163000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,475

Year Built

  • Built in 2005

Lot Details

  • 0.25 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Family Room with Fireplace
  • Mountain Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Home Security

  • Security System Leased
  • Fire Sprinkler System

Pool

  • Heated Spa
  • Heated Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Fire Pit
  • Built-In Barbecue

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Fountain Hills Az Fp 505A Subdivision

Listing and Financial Details

  • Legal Lot and Block 20 / 2
  • Assessor Parcel Number 176-22-642

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,475

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Richwood Ave and Overlook Ct
  • 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
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2015
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Spa Private: Yes
  • Tax Year: 2017
  • Directions: From Fountain Hills High School- go north on Golden Eagle Right on Richwood then Right on Overlook Ct. 2nd house on the left.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.25
  • Subdivision Name: FOUNTAIN HILLS AZ FP 505A
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Fire Pit, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Fire Sprinklers, Wet Bar, Kitchen Island, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 3300.0
  • Stories: 2
  • Window Features: Dual Pane, Low-E
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Firepit: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Patio, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: Fenced, Heated, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Ceiling Fan(s), Programmable Thmstat, Refrigeration
  • Heating: Electric
  • Security: Security System Leased
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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

  • Elementary School: Four Peaks Elementary School - Fountain Hills
  • 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: 10851.0
  • Parcel #: 176-22-642
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1475.0
  • Tax Block: 2
  • Tax Book Number: 176.00
  • Tax Lot: 20
  • Tax Map Number: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2018
Closed on
May 20, 2018
Sold by
Funderburk Jim E and Funderburk Wendi K
Bought by
Posel Steven G
Seller's Agent
Todd Wittlinger
HomeSmart
Buyer's Agent
Susan Dawson
MCO Realty
List Price
$759,000
Sold Price
$719,000
Premium/Discount to List
-$40,000
-5.27%
Current Estimated Value
$1,074,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,273
Avg. Annual Appreciation
6.17%
Original Mortgage
$250,000
Outstanding Balance
$215,258
Interest Rate
4.4%
Mortgage Type
Seller Take Back
Estimated Equity
$903,768

Purchase Details

Listed on
Jan 17, 2018
Closed on
May 16, 2018
Sold by
Scott Adrienne J and Posel Steven G
Bought by
Posel Steven G
Seller's Agent
Todd Wittlinger
HomeSmart
Buyer's Agent
Susan Dawson
MCO Realty
List Price
$759,000
Sold Price
$719,000
Premium/Discount to List
-$40,000
-5.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$215,258
Interest Rate
4.4%
Mortgage Type
Seller Take Back
Estimated Equity
$903,768

Purchase Details

Closed on
Jul 16, 2005
Sold by
Williams Andrea J
Bought by
Funderburk Jim E and Funderburk Wendi K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,500
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2004
Sold by
Smoot Edward Bruce
Bought by
Williams Andrea J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,800
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2000
Sold by
Schoonmaker Michael P and Schoonmaker Gene M
Bought by
Smoot Edward Bruce

Purchase Details

Closed on
Feb 13, 1996
Sold by
Reckard David D
Bought by
Schoonmaker Michael P and Schoonmaker Gene M
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
Posel Steven G $719,000 Grand Canyon Title Agency
Posel Steven G -- Grand Canyon Title Agency
Funderburk Jim E $785,000 --
Williams Andrea J $268,500 First American Title Ins Co
Smoot Edward Bruce $212,000 Fidelity National Title
Schoonmaker Michael P $128,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Posel Steven G $250,000
Previous Owner Funderburk Jim E $549,500
Previous Owner Williams Andrea J $214,800
Closed Williams Andrea J $40,275
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2018 05/25/18 Sold $719,000 0.0% $218 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
04/03/2018 04/03/18 Price Changed $719,000 -3.6% $218 / Sq Ft
03/05/2018 03/05/18 Price Changed $745,900 -1.7% $226 / Sq Ft
01/17/2018 01/17/18 For Sale $759,000 -- $230 / 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 $2,449 $42,472 -- --
2024 $2,402 $40,450 -- --
2023 $2,402 $69,600 $13,920 $55,680
2022 $2,351 $54,760 $10,950 $43,810
2021 $2,237 $51,760 $10,350 $41,410
2020 $1,324 $24,800 $4,960 $19,840
2019 $1,357 $23,270 $4,650 $18,620
2018 $1,351 $21,630 $4,320 $17,310
2017 $1,475 $20,530 $4,100 $16,430
2016 $1,299 $20,380 $4,070 $16,310
2015 $1,350 $18,550 $3,710 $14,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5709994

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-22-642