NOT LISTED FOR SALE

16508 E Fairfax Dr Unit 1 Fountain Hills, AZ 85268

Estimated Value: $451,952 - $491,000

2 Beds
2 Baths
1,438 Sq Ft
$326/Sq Ft Est. Value

Last Sold December 15, 2016

Last sale price $230,000 $160 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,609/month

68 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • Covered Patio or Porch
  • Fountain Hills Middle School Rated A-
  • No HOA
  • Eat-In Kitchen

About This Home

As of December 2016

This property has everything. 2 split bedrooms, 2 full bathrooms, 2 car garage, fenced in large yard and views. Full interior paint just completed with brand new carpeting. Ceiling fans throughout home brand new stove and refrigerator. Ceramic tile in all the right places. Lots of natural light and high ceilings. You will not be disappointed.

Last Agent to Sell the Property

Lisa Kern

Kern Realty, Real Estate and Rentals License #BR038185000 Listed on: 09/04/2016

Co-Listed By

Phyliss Kern

HomeSmart Lifestyles License #BR007239000

Last Buyer's Agent

Kim Catalanotto

Arizona Best Real Estate License #SA651310000

Arizona Best Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,121

Year Built

  • Built in 1995

Lot Details

  • 219 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Twin Home
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,438 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Fountain Hills High Elementary And Middle School
  • Fountain Hills High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • Mountain View Estates Condominiums Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 176-02-787

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,121

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Fountain Hills Blvd & Fairfax
  • Legal Info Range: 6E
  • Property Type: Residential
  • Association Fees Community Facilities District: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Items Updated Floor Yr Updated: 2016
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Tax Year: 2016
  • Directions: Right on the corner of Fountain Hills Blvd and Fairfax. Duplex with the 2 car garage.
  • Attribution Contact: MeredithAndLisa@azlisa.com
  • Property Sub Type: Gemini/Twin Home
  • Lot Size Acres: 0.01
  • Co List Office Mls Id: kern02
  • Co List Office Phone: 480-837-5833
  • Subdivision Name: MOUNTAIN VIEW ESTATES CONDOMINIUMS
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Pantry, Double Vanity, Full Bth Master Bdrm
  • Living Area: 1438.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Corner Lot, Desert Back, Desert Front
  • Pool Features: None
  • 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

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: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: Pvt Water Company
  • 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

Schools

  • Elementary School: Fountain Hills High School
  • High School: Fountain Hills High School
  • Middle Or Junior School: Fountain Hills High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 219.0
  • Parcel #: 176-02-787
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1121.0
  • Tax Book Number: 176.00
  • Tax Lot: 1
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2016
Closed on
Dec 6, 2016
Sold by
T & Tee Llc
Bought by
Smith Craig and Smith Charlene K
Seller's Agent
Lisa Kern
Kern Realty, Real Estate and Rentals
Buyer's Agent
Kim Catalanotto
Arizona Best Real Estate
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Current Estimated Value
$469,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,488
Avg. Annual Appreciation
8.51%
Original Mortgage
$192,612
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2011
Sold by
Krause Katryna E
Bought by
Krause Katryna E and Katryna E Krause Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,228
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2008
Sold by
Langer Robert A
Bought by
T & Tee Llc

Purchase Details

Closed on
May 6, 2003
Sold by
Azel Development Llc
Bought by
Langer Robert A and Langer Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2002
Sold by
Oberhellman John R
Bought by
Azel Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.83%

Purchase Details

Closed on
Mar 22, 2002
Sold by
Oberhellman John R
Bought by
Jennings John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.83%

Purchase Details

Closed on
Jun 6, 2000
Sold by
Oberhellman Stacy
Bought by
Oberhellman John R

Purchase Details

Closed on
May 12, 2000
Sold by
Graham Bruce A
Bought by
Zeleznak Donald J and Zeleznak Shirley

Purchase Details

Closed on
Nov 17, 1999
Sold by
Redlack Caren G
Bought by
Graham Bruce A

Purchase Details

Closed on
Jun 5, 1995
Sold by
Redlack Caren G
Bought by
Treat Charles O and Treat Marcia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500
Interest Rate
8.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 10, 1995
Sold by
Graham Bruce A
Bought by
Redlack Caren G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500
Interest Rate
8.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 3, 1995
Sold by
Sterling Builders Corp
Bought by
Graham Bruce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,550
Interest Rate
9.27%
Mortgage Type
New Conventional
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
Smith Craig $229,300 Grand Canyon Title Agency
Krause Katryna E -- Pioneer Title Agency Inc
Kruse Katryna E -- Pioneer Title Agency Inc
T & Tee Llc $252,500 Security Title Agency Inc
Langer Robert A $157,000 Fidelity National Title
Azel Development Llc $134,191 --
Jennings John -- --
Oberhellman John R -- --
Zeleznak Donald J -- Security Title Agency
Graham Bruce A $56,610 North American Title Agency
Treat Charles O $119,500 United Title Agency
Redlack Caren G $116,900 United Title Agency
Graham Bruce A $116,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Craig $260,000
Closed Smith Craig $222,400
Closed Smith Craig $192,612
Previous Owner Krause Katryna E $254,228
Previous Owner Langer Robert A $85,000
Previous Owner Langer Robert A $125,600
Previous Owner Azel Development Llc $152,000
Previous Owner Treat Charles O $6,500
Previous Owner Redlack Caren G $106,900
Previous Owner Graham Bruce A $98,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2016 12/15/16 Sold $230,000 -4.1% $160 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
10/05/2016 10/05/16 Price Changed $239,900 -4.0% $167 / Sq Ft
09/03/2016 09/03/16 For Sale $249,900 -- $174 / 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 $1,301 $21,730 -- --
2024 $1,203 $20,695 -- --
2023 $1,203 $31,730 $6,340 $25,390
2022 $1,177 $25,350 $5,070 $20,280
2021 $1,279 $21,670 $4,330 $17,340
2020 $1,255 $19,300 $3,860 $15,440
2019 $1,277 $17,970 $3,590 $14,380
2018 $1,272 $17,320 $3,460 $13,860
2017 $1,224 $16,400 $3,280 $13,120
2016 $1,212 $15,950 $3,190 $12,760
2015 $1,121 $16,680 $3,330 $13,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5493158

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-02-787