NOT LISTED FOR SALE

16306 E Terrace Ln Unit 104 Fountain Hills, AZ 85268

Estimated Value: $618,557 - $667,000

2 Beds
2 Baths
1,878 Sq Ft
$340/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $430,000 $229 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,533/month

Highlights

  • Golf Course Community
  • Fitness Center
  • Clubhouse
  • Fountain Hills Middle School Rated A-
  • Gated Community
  • Vaulted Ceiling

About This Home

As of June 2023

APPLICATION ACCEPTED! No more showings. EM coming Monday 4/17. Lease! Beautiful 2-bedroom, 2 bath with flex/office space & 2 car garage located within Balera at Firerock in Fountain Hills! NEW Carpeting just put in! One level living, no interior steps. Pets are lessor approval. This gorgeous one level home boasts a spacious chef's kitchen, open concept family room and one level, and split floor plan. Master suite with a huge closet and ensuite bathroom. Unwind in the inviting sunk-in tub or cozy up in the great room by the fireplace on these perfect Fall evenings in Arizona. Wifi Included! Community pool/spa is sparkling blue and heated, overlooking Red Mountain. Rental tax exempt.

Last Agent to Rent the Property

Kurt Boyd

Russ Lyon Sotheby's International Realty License #SA649419000 Listed on: 10/25/2022

Russ Lyon Sotheby's International Realty

Last Renter's Agent

Kurt Boyd

Russ Lyon Sotheby's International Realty License #SA649419000 Listed on: 10/25/2022

Russ Lyon Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,779

Year Built

  • Built in 2005

Lot Details

  • 159 Sq Ft Lot
  • Desert faces the front of the property
  • 1 Common Wall
  • Wrought Iron Fence

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,878 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Property Available on 4/29/23
  • $25 Move-In Fee
  • Rent includes internet, rental tax
  • 6-Month Minimum Lease Term
  • $45 Application Fee
  • Tax Lot 104
  • Assessor Parcel Number 176-11-565

Community Details

Overview

  • Property has a Home Owners Association
  • Balera At Firerock Association, Phone Number (602) 437-4777
  • Built by Odyssey Homes
  • Balera At Firerock Condominium Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Golf Course Community
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,779

Year Built

Built in 2005

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Internet, Rental Tax
  • Available Date: 2023-04-29

Listing Details

  • Cross Street: N. Fountain Hills Blvd & E. Shea Blvd
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2005
  • Rental Info H O A Name: Balera at Firerock
  • Non Assistive Animals: Lessor Approval
  • Initial Move In Costs Admin Fee: 25.0
  • Initial Move In Costs Application Fee: 45.0
  • Lease Term Minimum Lease Term Months: 6
  • Directions: Head east on E Shea Blvd, Right on Balera Dr, Right on E Ridgeline Dr (complex gated entrance) through gate turn right and then left on Terrace Lane. Property will be on the right.
  • Property Sub Type: Townhouse
  • Horses: No
  • Subdivision Name: BALERA AT FIREROCK CONDOMINIUM
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • 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
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water2: Yes
  • Fireplace Features Fireplace Living Rm2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Fireplace Living Rm, 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 1878.0
  • Stories: 1
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Lot Features: Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Side Vehicle Entry, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Golf, Biking/Walking Path, Clubhouse, Fitness Center
  • Association Name: Balera at Firerock
  • Phone: 602-437-4777
  • Association: Yes
  • Pets Allowed: Lessor Approval

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

  • Lot Size Sq Ft: 159.0
  • Parcel #: 176-11-565
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Odyssey Homes

Tax Info

  • Tax Book Number: 176.00
  • Tax Lot: 104
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2025
Sold by
Cox Michael and Thornton-Bias Kathy
Bought by
Cox Thornton Bias Trust and Cox
Current Estimated Value
$645,318

Purchase Details

Listed on
Aug 21, 2020
Closed on
Feb 23, 2021
Sold by
Briguglio Michael T and Briguglio Jeanine A
Bought by
Cox Michael and Thornton Bias Kathy
Seller's Agent
Heather Tolis
West USA Realty
Buyer's Agent
Sylvia McDowell
RE/MAX Fine Properties
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%
Original Mortgage
$344,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2014
Sold by
Briguglio Michael T
Bought by
Briguglio Michael T and Briguglio Jeanine A

Purchase Details

Closed on
Sep 16, 2013
Sold by
Briguglio Sandra D
Bought by
Briguglio Michael T

Purchase Details

Closed on
Oct 24, 2008
Sold by
Briguglio Michael T and Briguglio Sandra D
Bought by
Briguglio Michael T and Briguglio Sandra D

Purchase Details

Closed on
Jun 17, 2008
Sold by
Briguglio Michael T
Bought by
Briguglio Michael T and Briguglio Sandra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 19, 2005
Sold by
Blumberg Richard J and Blumberg Barbara E
Bought by
Briguglio Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2005
Sold by
Sydney Firerock Properties Llc
Bought by
Blumberg Richard J and Blumberg Barbara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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
Cox Thornton Bias Trust -- None Listed On Document
Cox Michael $430,000 Equity Title Agency Inc
Briguglio Michael T -- None Available
Briguglio Michael T -- None Available
Briguglio Michael T -- None Available
Briguglio Michael T -- First American Title Ins
Briguglio Michael T $469,900 --
Blumberg Richard J $300,464 Security Title Agency Inc
Sydney Firerock Properties Llc -- Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cox Michael $344,000
Previous Owner Briguglio Michael T $174,000
Previous Owner Briguglio Michael T $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2023 06/01/23 Rented $2,975 0.0% --
04/18/2023 04/18/23 Under Contract -- -- --
03/06/2023 03/06/23 Price Changed $2,975 -8.5% $2 / Sq Ft
11/01/2022 11/01/22 Price Changed $3,250 -7.7% $2 / Sq Ft
10/25/2022 10/25/22 For Rent $3,520 0.0% --
03/01/2021 03/01/21 Sold $430,000 -4.4% $229 / Sq Ft View Prior Sale
08/21/2020 08/21/20 For Sale $450,000 -- $240 / 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 $1,779 $35,088 -- --
2024 $1,942 $33,417 -- --
2023 $1,942 $43,500 $8,700 $34,800
2022 $1,901 $35,700 $7,140 $28,560
2021 $2,065 $33,850 $6,770 $27,080
2020 $2,027 $32,580 $6,510 $26,070
2019 $2,062 $31,980 $6,390 $25,590
2018 $1,811 $32,310 $6,460 $25,850
2017 $1,738 $29,720 $5,940 $23,780
2016 $1,701 $29,730 $5,940 $23,790
2015 $1,607 $26,030 $5,200 $20,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6481450

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-11-565