NOT LISTED FOR SALE

16420 N Palo Verde Ln Fountain Hills, AZ 85268

Estimated Value: $934,000 - $1,036,000

4 Beds
2.5 Baths
2,840 Sq Ft
$347/Sq Ft Est. Value

Last Sold March 21, 2016

Last sale price $475,000 $167 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,393/month

117 Days on Market

Highlights

  • Play Pool
  • RV Gated
  • Vaulted Ceiling
  • Fountain Hills Middle School Rated A-
  • Mountain View
  • Main Floor Primary Bedroom

About This Home

As of March 2016

NEW PRICE...This quiet cul-de-sac location is a rare find!!Backing to large wash, you have lots of privacy in this custom built 2800+sf home. There's room for everyone w/4 bedrooms & 2.5 baths, plus a large loft that's perfect for the kids, an office, tv room, etc. The balcony off the loft is great for enjoying the views and beautiful AZ sunsets!The spacious master suite is on the main level w/private exit to large fenced yard w/pool. Formal living and dining rooms are perfect for entertaining and adjacent to the kitchen (with granite counters)/breakfast rm & family room w/gas fireplace. The soaring ceilings give you a great feeling of space. 3 car garage for all your toys plus and RV gate. This home is ready for immediate occupancy! No HOA

Last Agent to Sell the Property

Melinda Stanton

MCO Realty License #SA019346000 Listed on: 10/15/2015

Last Buyer's Agent

Nancy Harris

HomeSmart License #SA101611000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,339

Year Built

  • Built in 1997

Lot Details

  • 10,028 Sq Ft Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 3 Car Garage
  • Garage Door Opener
  • RV Gated

Home Design

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

Interior Spaces

  • 2,840 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Mountain Views
  • Fire Sprinkler System

Kitchen

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Play Pool
  • Balcony
  • Covered Patio or Porch

Schools

  • Fountain Hills High Elementary And 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 Arizona Final Plat No 516 Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 176-22-732

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,339

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Cross Street: GOLDEN EAGLE & PALO VERDE
  • 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
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1997
  • Tax Year: 2014
  • Directions: FROM PALISADES TAKE GOLDEN EAGLE BLVD WEST TO PALO VERDE LEFT TO HOME
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.23
  • Subdivision Name: FOUNTAIN HILLS ARIZONA FINAL PLAT NO 516
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Fire Sprinklers, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2840.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Fireplace: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Patio
  • Lot Features: Desert Back, Desert Front, Cul-De-Sac
  • Pool Features: Play Pool, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener, RV Gate
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • 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: Fountain Hills High School
  • High School: Fountain Hills High School
  • Junior High Dist: Fountain Hills Unified District
  • Middle Or Junior School: Fountain Hills High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10028.0
  • Parcel #: 176-22-732
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 2339.0
  • Tax Book Number: 176.00
  • Tax Lot: 10
  • Tax Map Number: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2021
Sold by
Metz Steven L and Metz Paula J
Bought by
Metz Paula J and Metz Steven L
Current Estimated Value
$985,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$165,672
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$820,188

Purchase Details

Listed on
Oct 15, 2015
Closed on
Mar 21, 2016
Sold by
Metz Steven L and Metz Paula J
Bought by
Metz Paula J and Metz Steven L
Seller's Agent
Melinda Stanton
MCO Realty
Buyer's Agent
Nancy Harris
HomeSmart
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$235,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 15, 2015
Closed on
Mar 15, 2016
Sold by
Alexander Mark W and Alexander Ann C
Bought by
Metz Steven L and Metz Paula J
Seller's Agent
Melinda Stanton
MCO Realty
Buyer's Agent
Nancy Harris
HomeSmart
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2012
Sold by
Alexander Mark W and Alexander Ann C
Bought by
Alexander Mark W and Alexander Ann C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2011
Sold by
Alexander Mark W and Alexander Ann C
Bought by
Alexander Mark W and Alexander Ann C

Purchase Details

Closed on
Oct 30, 2003
Sold by
Deutsche Bank Trust Co Americas
Bought by
Alexander Mark C and Alexander Ann C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2003
Sold by
Brocksen Stan C
Bought by
Deutsche Bank Trust Co Americas and Meritech Mortgage Services Inc

Purchase Details

Closed on
Nov 30, 2001
Sold by
Brocksen Laurie A
Bought by
Brocksen Stan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
10.62%

Purchase Details

Closed on
May 4, 2000
Sold by
Kayser Jerome B and Kayser Rebecca J
Bought by
Brocksen Stan C and Brocksen Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
11.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 1996
Sold by
Healy Homes Inc
Bought by
Kayser Jerome B and Kayser Rebecca J

Purchase Details

Closed on
Nov 11, 1995
Sold by
Mco Properties Lp
Bought by
Healy Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.47%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Metz Paula J -- Premier Title Agency
Metz Steven L -- Premier Title Agency
Metz Paula J -- Equity Title Agency Inc
Metz Steven L $475,000 Equity Title Agency Inc
Alexander Mark W -- Sonoran Title Services Inc
Alexander Mark W -- Sonoran Title Services Inc
Alexander Mark W -- None Available
Alexander Mark C $320,000 Security Title Agency
Deutsche Bank Trust Co Americas $323,000 Security Title Agency
Brocksen Stan C -- Transnation Title Insurance
Brocksen Stan C $325,900 Lawyers Title Of Arizona Inc
Kayser Jerome B $50,000 Fidelity Title
Healy Homes Inc $46,150 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metz Steven L $200,000
Closed Metz Steven L $235,000
Previous Owner Alexander Mark W $271,000
Previous Owner Alexander Mark C $245,000
Previous Owner Brocksen Stan C $332,000
Previous Owner Brocksen Stan C $243,750
Previous Owner Healy Homes Inc $36,000
Closed Alexander Mark C $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2016 03/21/16 Sold $475,000 -2.0% $167 / Sq Ft
01/07/2016 01/07/16 Price Changed $484,900 -2.8% $171 / Sq Ft
10/15/2015 10/15/15 For Sale $499,000 0.0% $176 / Sq Ft
09/01/2014 09/01/14 Rented $2,200 0.0% --
07/24/2014 07/24/14 Under Contract -- -- --
07/14/2014 07/14/14 For Rent $2,200 -- --
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 $2,794 $56,536 -- --
2024 $2,693 $53,843 -- --
2023 $2,693 $64,650 $12,930 $51,720
2022 $2,625 $50,810 $10,160 $40,650
2021 $2,914 $47,700 $9,540 $38,160
2020 $2,861 $45,810 $9,160 $36,650
2019 $2,932 $44,000 $8,800 $35,200
2018 $2,918 $42,780 $8,550 $34,230
2017 $2,800 $42,230 $8,440 $33,790
2016 $2,394 $42,300 $8,460 $33,840
2015 $2,589 $40,380 $8,070 $32,310
Source: Public Records

Agents Affiliated with this Home

  • Melinda Stanton

    Seller's Agent in 2016

    Melinda Stanton

    MCO Realty

    (480) 688-9191

    131 in this area

    152 Total Sales

    Melinda Stanton
    Section Image

  • N

    Buyer's Agent in 2016

    Nancy Harris

    HomeSmart

    (602) 739-3950

    23 Total Sales

    Nancy Harris
    Section Image

  • E

    Seller's Agent in 2014

    Erica West

    Arizona Gateway Real Estate

    Section Image

  • S

    Seller Co-Listing Agent in 2014

    Stanley West

    RE/MAX

    Section Image
  • Meredith Spring

    Buyer's Agent in 2014

    Meredith Spring

    Kern Realty, Real Estate and Rentals

    (480) 837-5833

    27 in this area

    32 Total Sales

    Meredith Spring
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5349190

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-22-732

Arizona Maricopa County Fountain Hills 85268

16420 N Palo Verde Ln, Fountain Hills, AZ

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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