NOT LISTED FOR SALE

16322 E Terrace Ln Unit 114 Fountain Hills, AZ 85268

Estimated Value: $634,879 - $705,000

2 Beds
2 Baths
1,878 Sq Ft
$283/mo HOA Fee

Last Sold November 03, 2015

Last sale price $360,000 $192 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,968/month

33 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Mountain View
  • Fountain Hills Middle School Rated A-
  • Gated Community
  • Contemporary Architecture

About This Home

As of November 2015

Prestigious Balera at FireRock gated community. This single level 2 bedroom plus den or office is move in ready & ready for quick sale. Just steps to community pool & spa. Enjoy jaw dropping direct Red Rock Mountain views from the great room, master suite and spacious covered patio. Great room floor plan complete with high ceilings & gas fireplace. Upgrades include gorgeous kitchen cabinets, granite countertops, gas cooktop,stainless appliances & travertine tile. Large master suite with huge walk-in closet, garden tub and walk-in glass shower. Rare storage area in garage. Owner is offering $3,000 incentive for buyer closing costs & 1 yr home warranty. Optional FireRock private golf membership available. Act quick on this beautiful condo!

Last Agent to Sell the Property

Rich Madden

Realty ONE Group License #SA538666000 Listed on: 08/23/2015

Co-Listed By

Eric Graham

Realty ONE Group License #SA530276000

Last Buyer's Agent

Jim Schlosser

West USA Realty License #SA572191000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,623

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • Private Streets
  • Wrought Iron Fence

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,878 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • 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

Home Security

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 114
  • Assessor Parcel Number 176-11-575

Community Details

Overview

  • Association fees include roof repair, insurance, cable TV, ground maintenance, street maintenance, trash, roof replacement, maintenance exterior
  • Balera At Firerock Association, Phone Number (602) 294-0999
  • Firerock Comm Assoc. Association, Phone Number (480) 836-4323
  • Association Phone (480) 836-4323
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,623

Year Built

Built in 2006

Lot Details

0

HOA Fees

$283 per month

Parking

2

Listing Details

  • Cross Street: SHEA BLVD & BALERA -
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2 Name: Firerock Comm Assoc.
  • HOA #2 Phone Number: 480-836-4323
  • HOA #2 Transfer Fee: 170.0
  • 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: 2006
  • Tax Year: 2014
  • Directions: GO THRU GATE, TURN RIGHT, FIRST LEFT, TO HOME ON RIGHT SIDE NEXT TO POOL AND SPA
  • Property Sub Type: Apartment
  • Horses: No
  • Co List Office Mls Id: reog01
  • Co List Office Phone: 480-315-1240
  • Subdivision Name: BALERA AT FIREROCK CONDOMINIUM
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 183.0
  • 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
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Kitchen Island, 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:Community Pool: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Covered Patio(s), Patio, Private Street(s)
  • Lot Features: Corner Lot
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Common Walls: End Unit
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Over Height Garage, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Over Height Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Golf, Fitness Center
  • Amenities: Club, Membership Opt, Management, Rental OK (See Rmks)
  • Association #2 Fee: 300.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 183.0
  • Association Fee Frequency: Monthly
  • Association: Firerock Comm Assoc.
  • Association Name: Balera at Firerock
  • Association Phone #2: 480-836-4323
  • Phone: 602-294-0999
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Balera at Firerock
  • Association Fees:HOA Telephone4: 602-294-0999
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 366.0
  • 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:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Cable or Satellite: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Cable TV, Maintenance Grounds, Street Maint, Trash, Roof Replacement, Maintenance Exterior

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: 133.0
  • Parcel #: 176-11-575
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: ODYSSEY

Tax Info

  • Tax Annual Amount: 1623.0
  • Tax Book Number: 176.00
  • Tax Lot: 114
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2020
Sold by
Schlosser James D and Schlosser Sharon J
Bought by
Schlosser James D and Schlosser Sharon J
Current Estimated Value
$664,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Outstanding Balance
$275,228
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$401,702

Purchase Details

Closed on
Sep 22, 2020
Sold by
Schlosser James D and Schlosser Sharon J
Bought by
Schlosser James D and Schlosser Sharon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Outstanding Balance
$275,228
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$401,702

Purchase Details

Closed on
Oct 29, 2018
Sold by
Schlosser James D and Schlosser Sharon J
Bought by
Schlosser James D and Schlosser Sharon J

Purchase Details

Listed on
Aug 23, 2015
Closed on
Sep 29, 2015
Sold by
Benson Dean R and Benson Judith L
Bought by
Schlosser James D and Schlosser Sharon J
Seller's Agent
Rich Madden
Realty ONE Group
Buyer's Agent
Jim Schlosser
West USA Realty
List Price
$369,900
Sold Price
$360,000
Premium/Discount to List
-$9,900
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$324,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2011
Sold by
Franzone Michael and Franzone Theresa
Bought by
Benson Dean R and Benson Judith L

Purchase Details

Closed on
May 23, 2006
Sold by
Sydney Firerock Properties Llc
Bought by
Franzone Michael and Franzone Theresa

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
Interest Rate
6.37%
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
Schlosser James D -- None Available
Schlosser James D -- Pioneer Title Agency Inc
Schlosser James D -- Pioneer Title Agency Inc
Schlosser James D -- None Available
Schlosser James D $360,000 First American Title Ins Co
Benson Dean R $255,000 Fidelity Natl Title Ins Co
Franzone Michael $353,201 Security Title Agency Inc
Sydney Firerock Properties Llc -- Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlosser James D $306,000
Previous Owner Schlosser James D $321,600
Previous Owner Schlosser James D $324,000
Previous Owner Franzone Michael $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2015 11/03/15 Sold $360,000 -2.7% $192 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
08/23/2015 08/23/15 For Sale $369,900 -- $197 / 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 $1,730 $34,617 -- --
2024 $1,649 $32,969 -- --
2023 $1,649 $43,230 $8,640 $34,590
2022 $1,607 $35,480 $7,090 $28,390
2021 $1,784 $33,650 $6,730 $26,920
2020 $1,752 $32,400 $6,480 $25,920
2019 $1,795 $31,950 $6,390 $25,560
2018 $1,787 $32,260 $6,450 $25,810
2017 $1,715 $29,660 $5,930 $23,730
2016 $1,678 $29,720 $5,940 $23,780
2015 $1,786 $25,910 $5,180 $20,730
Source: Public Records

Agents Affiliated with this Home

  • Rich Madden

    Seller's Agent in 2015

    Rich Madden

    Realty One Group

    (480) 226-7373

    114 in this area

    133 Total Sales

    Rich Madden
    Section Image

  • E

    Seller Co-Listing Agent in 2015

    Eric Graham

    Realty One Group

    Section Image

  • J

    Buyer's Agent in 2015

    Jim Schlosser

    West USA Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5327448

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-11-575

Arizona Maricopa County Fountain Hills 85268

16322 E Terrace Ln Unit 114, Fountain Hills, AZ

This home is located at 16322 E Terrace Ln Unit 114, Fountain Hills, AZ 85268 since 23 August 2015 and is currently estimated at $664,470, approximately $353 per square foot. This property was built in 2006. 16322 E Terrace Ln Unit 114 is a home located in Maricopa County with nearby schools including McDowell Mountain Elementary School, Fountain Hills Middle School, and BASIS Scottsdale Primary – East Campus.

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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