NOT LISTED FOR SALE

16319 E Terrace Ln Unit 68 Fountain Hills, AZ 85268

Estimated Value: $710,000 - $774,000

2 Beds
3 Baths
2,443 Sq Ft
$304/Sq Ft Est. Value

Last Sold April 18, 2016

Last sale price $434,000 $178 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,407/month

122 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Two Primary Bathrooms
  • Fountain Hills Middle School Rated A-
  • Gated Community
  • Mountain View

About This Home

As of April 2016

Located in the gated community of Balera at Firerock. This former model offers gorgeous views of Firerock golf course and Red Mountain. Floor plan offers two bedrooms with double sinks and walk-in closets, office with built-in cabinet, great room with 3-panel slider and gas fireplace. Kitchen has Viking appliances including 6-burner gas cooktop. Kitchen also offers bar seating, eating area and walk-in pantry. Large laundry room includes washer & dryer. Intimate wine tasting room has built-in wine racks. Home offers security system and soft water unit. Community pool, spa and exercise room.

Last Agent to Sell the Property

Gary & Maureen Glunz

MCO Realty License #SA031074000 Listed on: 11/28/2015

Last Buyer's Agent

Linda Cooley

Renegade Property LLC License #BR117458000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,141

Year Built

  • Built in 2005

Lot Details

  • 2,104 Sq Ft Lot
  • Desert faces the front of the property

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,443 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Mountain Views
  • Security System Owned

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 176-11-529

Community Details

Overview

  • Golden Valley Association, Phone Number (602) 294-0999
  • Ccmc Association, Phone Number (480) 836-4324
  • Association Phone (480) 836-4324
  • Built by Odyssey
  • Balera At Firerock Condominium Subdivision

Recreation

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

Security

  • Gated Community
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,141

Year Built

Built in 2005

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Cross Street: Shea and Fountain Hills Blvd
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2 Fee: 300.0
  • HOA #2 Name: CCMC
  • HOA #2 Phone Number: 480-836-4324
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 283.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2005
  • Tax Year: 2015
  • Directions: Shea Blvd to Balera Drive to gate. Go thru gate take quick right then quick left on Terrace. 2nd building on the left.
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.05
  • Co List Office Mls Id: mcoa04
  • Co List Office Phone: 480-837-9885
  • Subdivision Name: BALERA AT FIREROCK CONDOMINIUM
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 183.0
  • Special Features: None

Interior Features

  • Spa Features: Community, None
  • Possible Bedrooms: 4
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, Fire Sprinklers, Kitchen Island, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2443.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser
  • Community Features:Community Pool: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: Natural Desert Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: 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: Natural Gas
  • Laundry Features: Dryer Included, Washer Included
  • Security: Security System Owned, Gated Community
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Pool, Golf, Fitness Center
  • Amenities: Management
  • Association #2 Fee: 300.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Monthly
  • Association: CCMC
  • Association Name: Golden Valley
  • Association Phone #2: 480-836-4324
  • Phone: 602-294-0999
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Golden Valley
  • Association Fees:HOA Telephone4: 602-294-0999
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Quarterly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Garbage Collection2: 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: 2104.0
  • Parcel #: 176-11-529
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Odyssey

Tax Info

  • Tax Annual Amount: 2141.0
  • Tax Book Number: 176.00
  • Tax Lot: 68
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2015
Closed on
Apr 1, 2016
Sold by
Grobeck Kim E
Bought by
Fellows Larry A and Fellows Anita L
Seller's Agent
Gary & Maureen Glunz
MCO Realty
Buyer's Agent
Linda Cooley
Renegade Property LLC
List Price
$479,900
Sold Price
$434,000
Premium/Discount to List
-$45,900
-9.56%
Total Days on Market
122
Current Estimated Value
$741,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,918
Avg. Annual Appreciation
6.03%

Purchase Details

Closed on
Aug 4, 2005
Sold by
Grobeck Kim E
Bought by
Grobeck Kim E and Kim E Grobeck Revocable Trust

Purchase Details

Closed on
May 15, 2005
Sold by
Sydney Firerock Properties Llc
Bought by
Meredith Ronald J and Fulton William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2005
Sold by
Meredith Ronald J and Fulton William A
Bought by
Grobeck Kim E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Fellows Larry A $434,000 Magnus Title Agency
Grobeck Kim E -- --
Meredith Ronald J $575,000 Security Title Agency Inc
Sydney Firerock Properties Llc -- Security Title Agency Inc
Grobeck Kim E $690,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sydney Firerock Properties Llc $359,650
Previous Owner Grobeck Kim E $359,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2016 04/18/16 Sold $434,000 -5.6% $178 / Sq Ft
02/26/2016 02/26/16 Price Changed $459,900 -2.1% $188 / Sq Ft
02/05/2016 02/05/16 Price Changed $469,900 -2.1% $192 / Sq Ft
11/27/2015 11/27/15 For Sale $479,900 -- $196 / 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 $1,850 $41,484 -- --
2024 $1,976 $39,509 -- --
2023 $1,976 $46,100 $9,220 $36,880
2022 $1,926 $37,760 $7,550 $30,210
2021 $2,138 $35,930 $7,180 $28,750
2020 $2,099 $34,600 $6,920 $27,680
2019 $2,151 $34,000 $6,800 $27,200
2018 $2,141 $34,400 $6,880 $27,520
2017 $2,055 $31,720 $6,340 $25,380
2016 $1,757 $31,780 $6,350 $25,430
2015 $2,141 $29,950 $5,990 $23,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5367424

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-11-529