NOT LISTED FOR SALE

16400 E Log Ln Fountain Hills, AZ 85268

Estimated Value: $2,396,608 - $2,589,000

4 Beds
4.5 Baths
6,215 Sq Ft
$398/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $1,600,000 $257 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $13,616/month

160 Days on Market

Highlights

  • Heated Spa
  • 22.03 Acre Lot
  • Fireplace in Primary Bedroom
  • Fountain Hills Middle School Rated A-
  • Mountain View
  • Vaulted Ceiling

About This Home

As of April 2021

One of the most spectacular views in Fountain Hills! This majestic home features a breathtaking 300-degree view of Red Rock, Four Peaks, Weaver's Needle, the McDowells, Superstitions and Mazatzals. These views will remain yours because you will also own the unspoiled 22 acres surrounding it. Custom-designed by award-winning architect Hassan Jalaly, the Santa Barbara-style home offers open and relaxing space for family and friends. Brilliant Arizona sunrises reflect off the 20' x 40' swimming pool. Primarily geared to one-level living, sunlit bedrooms upstairs and down offer plenty of extra space for guests. More than a just a place to call home, this location is a blend of nature, landscape and creative design coming together for relaxation, reflection and everyday living. Built in 1990, the grand scale of the 6200 sq. ft. home and its Santa Barbara design theme is very relevant in today's market, where interior space is highly valued. There are four main bedrooms, and a host of additional rooms that allow you to fully enjoy your hobbies, interests, family times and entertaining.

DRAMATIC ARCHITECTURE WORTHY OF A MAGAZINE COVER:

The massive Porte-cochere with paved driveway, double 8" foot doors with art glass transom and fountain provide a beautiful entry experience

A Grand Foyer with 20' ceilings, 14' windows, plantation shutters, and numerous ceiling details will delight and amaze.

Sweeping open staircase combined with 20' trayed ceilings, plus massive window and transom combinations perfectly frame the surrounding mountain and desert vistas

Impressive grand Living Room also serves a Formal Dining Room and shares a 2-sided fireplace with the Media Room. The gas fireplace is floor-to-ceiling granite ledgestone, quarried in Montana

Nearly all rooms offer a stunning, 50-mile view towards the mountain ranges, with twinkling, city lights at night.

Sturdy, Red Oak plank flooring throughout the living areas and gallery

Octagonal Den with open beamed, wood ceiling is perfect as an office, game room or music room

There is a large hobby room with plenty of cabinets and counter space to let you explore your creative side

Upstairs, a spacious Family Room with full bar and an adjacent fully suited bedroom offer the ultimate hospitality!

Art glass windows create fun desert themed motifs

KITCHEN:

The large kitchen is the heart of the home, with a 3-sided workspace around a massive center island, work sink and cooktop. There are double ovens and a kitchen sink with a million-dollar view. A cozy family nook allows everyone to enjoy the sunny mornings and more of those views.

Thermador 4-burner cooktop
Thermador Double wall ovens
Two Stainless, full-size sinks, with R/O at island sink
Paneled Subzero refrigerator
Walk-in pantry with floor to ceiling shelves
Hardwood cabinetry with solid surface
Eat-in nook offers large picture windows to take in the sunny morning views

ELEGANT BEDROOM SUITES:

Master Suite is a true retreat, featuring a 2-sided fireplace and a sunny reading area with private access to the patio

The Master Closet offers generous rod, shelf, and drawer space
The Master Bath is elegantly appointed with elevated jetted tub, a large walk-in shower, double vanities with seating, plus cabinetry and storage

Private bedroom wing offers two bedrooms and a full bath
Upstairs, suited guest bedroom, offers space for guests or teenagers

OUTDOOR ENTERTAINING AT ITS BEST!

A tiled veranda the length of the home presents dramatic mountain and fountain views. Overlooking the pool and spa, there are various locations for dining, seating and lounging, with private entrances to all lower level rooms

The 38 x 20' pool and spa are both heated with gas and electric heat pump, allowing for efficient use year-round

Elegant lantern and recessed lighting surround the patios and pool

Pool & Spa heated by both gas & elec heat pump for year-round use.

ADDITIONAL DETAILS:
Oversized, 3-car garage features additional storage cabinets, storage room and work bench. The vented rubber flooring grid is a huge plus!

All Heat Pumps replaced approximately 2012

Home is in pristine condition with detailed records.

Last Agent to Sell the Property

Dori Wittrig

RE/MAX Sun Properties License #BR008546000 Listed on: 10/10/2020

RE/MAX Sun Properties

Co-Listed By

Toni LePoer

RE/MAX Sun Properties License #SA658600000

Last Buyer's Agent

Jaylene Clausen

Real Broker License #SA681729000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,883

Year Built

  • Built in 1990

Lot Details

  • 22.03 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers

Parking

  • 3 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 6,215 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Tinted Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Security System Owned
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees, (see remarks)
  • Built by Designed by Hassan Jalaly
  • Fountain Hills Arizona No. 506 C Block 2 Lots 1 Th Subdivision

Listing and Financial Details

  • Legal Lot and Block 35 / 2
  • Assessor Parcel Number 176-21-201

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,883

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Palisades & Golden Eagle
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2015
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1990
  • Spa Private: Yes
  • Tax Year: 2020
  • Directions: Take Shea to north on Palisades, Left onto Golden Eagle , left onto Log lane. Only home on the Cul de Sac
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 22.03
  • Co List Office Mls Id: rsun02
  • Co List Office Phone: 480-816-5557
  • Subdivision Name: FOUNTAIN HILLS ARIZONA NO. 506-C BLOCK 2 LOTS 1 TH
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated, Private
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 7
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 6215.0
  • Stories: 2
  • Window Features: Dual Pane, Tinted Windows, Vinyl Frame
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • Other Rooms:Media Room: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac
  • Pool Features: Heated, Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access, Circular Driveway, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 6.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: No Fees, Other (See Remarks)

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

  • Land Lease: No
  • Lot Size Sq Ft: 959462.0
  • Parcel #: 176-21-201

Building Info

  • Builder Name: Designed by Hassan Jalaly

Tax Info

  • Tax Annual Amount: 7883.0
  • Tax Block: 2
  • Tax Book Number: 176.00
  • Tax Lot: 35
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2020
Closed on
Apr 26, 2021
Sold by
Rees Patricia A and Patricia A Rees Living Trust
Bought by
Grotsky Craig and Grotsky Candice
Seller's Agent
Dori Wittrig
RE/MAX Sun Properties
Buyer's Agent
Jaylene Clausen
Real Broker
List Price
$1,900,000
Sold Price
$1,600,000
Premium/Discount to List
-$300,000
-15.79%
Current Estimated Value
$2,470,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$870,536
Avg. Annual Appreciation
10.14%
Original Mortgage
$548,250
Outstanding Balance
$496,075
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,974,461

Purchase Details

Listed on
Jan 15, 2014
Closed on
Apr 14, 2015
Sold by
Fagan Robert M
Bought by
Rees Patricia A
Seller's Agent
Carol Goyena
MCO Realty
Buyer's Agent
Dori Wittrig
RE/MAX Sun Properties
List Price
$2,000,000
Sold Price
$1,290,000
Premium/Discount to List
-$710,000
-35.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.64%

Purchase Details

Closed on
Mar 20, 2014
Sold by
Fagan Theresa A
Bought by
Fagan Theresa A

Purchase Details

Closed on
Dec 19, 2013
Sold by
Fagan Theresa A
Bought by
Fagan Theresa A
Source: Public Records

Range of Values:

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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
Grotsky Craig $1,600,000 Fidelity Natl Ttl Agcy Inc
Rees Patricia A $1,290,000 First American Title Ins Co
Fagan Theresa A -- None Available
Fagan Theresa A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grotsky Craig $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2021 04/29/21 Sold $1,600,000 -3.0% $257 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
03/16/2021 03/16/21 Price Changed $1,650,000 -8.3% $265 / Sq Ft
12/28/2020 12/28/20 Price Changed $1,800,000 -5.3% $290 / Sq Ft
10/10/2020 10/10/20 For Sale $1,900,000 +47.3% $306 / Sq Ft
04/20/2015 04/20/15 Sold $1,290,000 -7.2% $208 / Sq Ft View Prior Sale
03/03/2015 03/03/15 Price Changed $1,390,000 -12.6% $224 / Sq Ft
01/02/2015 01/02/15 Price Changed $1,590,000 -11.2% $256 / Sq Ft
04/01/2014 04/01/14 Price Changed $1,790,000 -10.5% $288 / Sq Ft
01/15/2014 01/15/14 For Sale $2,000,000 -- $322 / 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 $7,909 $137,145 -- --
2024 $7,590 $130,613 -- --
2023 $7,590 $165,929 $40,099 $125,830
2022 $7,393 $136,959 $33,099 $103,860
2021 $8,035 $129,785 $31,365 $98,420
2020 $7,883 $128,265 $30,995 $97,270
2019 $8,022 $120,122 $29,032 $91,090
2018 $7,990 $119,984 $28,994 $90,990
2017 $7,691 $116,377 $28,127 $88,250
2016 $6,776 $114,709 $27,719 $86,990
2015 $7,178 $109,222 $27,252 $81,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6145162

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-21-201